Dec 232014
 

Day Trading and Investment Comments Tuesday December 24, 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

Tuesday December 23, 2014

1:00 PM, South Florida Beach Time

 Trading is typically light and wide ranges are common during holiday markets.

                     Have a Very Merry Christmas Holiday and if Driving Please Drive Safely!

 

                                      THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support is near 17,740.00 and 17,560.00.
Resistance is at 18,080.00 to 18,220.00
 

 

 

DOW JONES TRANSPORTS

Support should appear near 9060.00 to 9044.00

Resistance is at 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 143-07 and 143-21
Support should appear near 142-07 and 141-21

 

MARCH 10 YR NOTE

Resistance should appear near 126-06 and 126-22
Support should appear near 125-21 and 125-07                                              

 

 

 

 

                                             THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 9044 to 9060, beyond that a test of 9140 to 9156 is likely

Support should appear near 9005 and 8964 to 8934.
MARCH JAPANESE YEN
Resistance should appear near 8300 to 8314 and 8391 to 8406
Support should appear near 8223 to 8194 and 8044 to 8029
MARCH EURO CURRENCY

Support should appear near 12175 and 12030 to 11920

Resistance should appear near 12247 and 12320 to 12380
MARCH SWISS FRANC

Resistance should appear near 10187 and 10247

Support should appear near 10136 to 10104 and 10037 to 10021

 

MARCH BRITISH POUND

Support should appear near 15350 to 15290
Resistance should appear near 15526 and 15607
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 7954 to 7939 and 7864 to 7836
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

Support should appear near the 1169.0 to 1164.0 and 1153.0

 

MARCH COPPER
Resistance should appear near 28740 to 28830 and 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 1576.0 and 1609 to 1615
                                           THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 5477 to 5553 then 5504 to 5492 and 5356 to 5344

Resistance should appear near 5716 to 5729 and 5855 to 5880
FEBRUARY BRENT CRUDE OIL
Support should appear near 6113 to 6101 then 5957 to 5945 and 5880 to 5855
Resistance should appear near 6165 to 6190 then 6257 to 6270 and 6337 to 6350

 

FEBRUARY HEATING OIL

Support should appear near 19090 to 19020 and 18650 to 18580

Resistance should appear 19820 to 19960 and 20340 to 20420
FEBRUARY UNLEADED GAS

Support should appear 15350 to 15290
Resistance should appear near 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 3.261 to 3.270 and 3.377 to 3.386                                                                                            

 

                                                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

     

 

APRIL CATTLE

Resistance should appear near 16090 to 16150

Support should appear near 15922 and 15690 to 15760

 

FEBRUARY HOGS

Support should appear near 8047 to 8027 and 7957 to 7932.

Resistance should appear near 8192 to 8222 and 8300 to 8317
.
APRIL HOGS

Support should appear near 8317 to 8302 and 8227 to 8192

Resistance should appear near 8392 to 8407 and 8482 to 8502

 

JUNE HOGS

Support should appear near 8872 to 8852 and 8777 to 8762

Resistance should appear near 9037 to 9067 and 9107

 

 

                                               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 1484 to 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

 

Tuesday December 23, 2014 3:45 PM South Florida Beach Time

THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE.

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