Dec 222014
 

Day Trading and Investment Comments Tuesday December 23, 2014 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial  see  https://futurescom.com/free-trial

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.”  –Thomas A. Edison–

 Monday December 22, 2014

12:00 Noon, South Florida Beach Time

 Traders should stay nimble and stay tuned for flashes in all markets during the holidays. Trading is typically light and can have wide ranges as many traders and investors prefer to remain sidelined during holiday markets.

                                       THE SENSATIONAL STOCK AND BOND MARKET

 DOW JONES INDUSTRIAL AVERAGE

Support is near 17,740.00 then 17,560.00 and 17,380.00 to 17,310.00.
Resistance is at 18,080.00 to 18,220.00 and the 18,580.00 to 18,650.00 region
DOW JONES TRANSPORTS

Support should appear near 9044.00 and 8964.00 to 8934.00

Resistance is at 9140.00 to 9156.00 and 9316.00 to 9347.00

MARCH E-MINI SP500

Resistance should appear near 2080.00 to 2089.00.

Support should appear near 2061.50 and 2042.00 to 2034.00.

 NASDAQ COMPOSITE

Resistance should appear at 4845.00 to 4856.00.
Support should appear near 4717.00 to 4695.00.

 

MARCH E-MINI NASDAQ 100
Support should appear near 4249.00 to 4238.00 and 4210.00
Resistance is at 4304.00 to 4315.00 and 4370.00 to 4381.00


MARCH E-MINI RUSSELL 2000

Resistance should appear near 1203.00 and 1217.50.
Support should appear near 1180.00 and 1169.00 to 1164.00

 

MARCH 30 YR BONDS

Resistance should appear near 145-06 and 145-22
Support should appear near 143-22 and 143-07

 

MARCH 10 YR NOTE

Resistance should appear near 127-06 and 127-21
Support should appear near 125-21 and 125-07                                              

 

                                             THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 9044 to 9060

Support should appear near 8964 to 8934.
MARCH JAPANESE YEN

Resistance should appear near 8391 to 8406
Support should appear near 8314 to 8300.
MARCH EURO CURRENCY

Support should appear near 12175 and 12030 to 11920

Resistance should appear near 12320 to 12380
MARCH SWISS FRANC

Resistance should appear near 10247 and 10320 to 10360

Support should appear near 10136 to 10104

 

MARCH BRITISH POUND

Support should appear near 15527 and 15350 to 15290
Resistance should appear near 15690 to 15760
MARCH CANADIAN DOLLAR

Resistance should appear near 8668 to 8683
Support should appear near 8560 and 8499 to 8484
MARCH AUSSIE DOLLAR
Support should appear near 8044 to 8029 and the 7954 to 7939 region.
Resistance should appear near 8119 to 8134 and 8194 to 8223                                                 

 

                                                         THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1192.0 to 1203.0 and 1217.5

Support should appear near the 1169.0 to 1164.0 and 1153.0

MARCH COPPER

Resistance should appear near 29280 to 29370

Support should appear near 28290 to 28200, below that a test of 27750 to 27580 is likely.
MARCH SILVER

Support should appear near 1535 to 1529 and the 1496 to 1484 region.

Resistance is at 1568.0 to 1576.0 and 1609 to 1615
                                           THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 5504 to 5492 then 5356 to 5344 and 5282 to 5259

Resistance should appear near 5553 to 5577 and 5640 to 5653.
FEBRUARY BRENT CRUDE OIL
Support should appear near 5957 to 5945 then 5880 to 5855 and 5805 to 5792
Resistance should appear near 6101 to 6113 and 6165 to 6190 and 6337 to 6350

 

FEBRUARY HEATING OIL

Support should appear near 18650 to 18580 and 18220 to 18080

Resistance should appear 19090 then 19460 to 19530 and 19820 to 19960
FEBRUARY UNLEADED GAS

Support should appear 15350 to 15290 and 14960 to 14840
Resistance should appear near 15690 to 15760 and 16090 to 16150

FEBRUARY NATURAL GAS

Support should appear near 3.157 to 3.148 and 3.045 to 3.036

Resistance should appear near 3.377 to 3.386 and 3.425 to 3.443                                                                                            

 

                                                THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1036 to 1032 and 1013 ¾ to 1010 ½

Resistance should appear near the 1058 to 1068 region.

 

MARCH SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3328 .

 

MARCH SOYMEAL
Resistance should appear near 361.3 to 362.3 and 366.3 to 368.2
Support should appear near 350.3 to 349.3 and 344.3 to 342.5
MARCH CORN

Support should appear near 405 ¾ to 404 ¾
Resistance should appear near 416 ¼ to 418 ¼
MARCH WHEAT
Support should appear near 611 ¼ to 610 ½ and 588 to 585 ½
Resistance should appear near 641 ¾ to 643 and 648 ¼ to 650 ¾                                                                                                        

 

                                            THE LIVELY LIVESTOCK

 

FEBRUARY CATTLE
Support should appear near 15927 and 15760 to 15690

Resistance should appear near 16090 to 16150 and 16272

APRIL CATTLE

Resistance should appear near 16090 to 16150 and 16287

Support should appear near 15922 and 15690 to 15760

 

FEBRUARY HOGS

Support should appear near 7957 to 7932 and 7867 to 7837.

Resistance should appear near 8117 to 8137 and 8192 to 8222
.
APRIL HOGS

Support should appear near 8227 to 8192 and 8137 to 8117

Resistance should appear near 8300 to 8317 and 8392 to 8407

 

JUNE HOGS

Support should appear near 8872 to 8852 and 8777 to 8762

Resistance should appear near 8937 to 8967 and 9037 to 9067

 

                                               THE SATISFYING SOFTS

 

MARCH COFFEE

Resistance should appear near 17310 to 17380 and 17740 to 17800

Support should appear near 16980 to 16890 and the 16550 to 16420 region.

MARCH COCOA

Resistance should appear near 2990 and 3036 to 3045 region

Support should appear near 2937 to 2928 and 2883 to 2874

 

MARCH SUGAR

Resistance is near 1496 and 1529 to 1535.
Support should appear near 1459 to 1453 and 1421 to 1415


MARCH COTTON

Support should appear near 6035 to 6023 and 5957 to 5945

Resistance is at 6257 to 6270 and 6337 to 6350

 

 

                                      Stay tuned for Flashes and Updates in all Markets

 

–A Ship in Harbor is Safe…But that is not what ships are built for –

Happy Trading!

Bill wil@futurescom.com

 

Monday December 22, 2014 3:30 PM South Florida Beach Time
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