Oct 292014
 

Day Trading and Investment Comments  Thursday October 30, 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

Wednesday October 29, 2014
1:00 PM South Florida Beach Time

Traders should stay nimble and stay tuned for flashes in all markets.
                                        THE SENSATIONAL STOCK AND BOND MARKET


DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,890.00 then 16,720.00 and 16,550.00 to 16,420.00.
Resistance is at 17,135.00 and 17,310.00 to 17,380.00
DOW JONES TRANSPORTS

Support should appear near 8589.00 to 8560.00 and 8499.00 to 8484.00

Resistance is at 8762.00 to 8777.00 and 8856.00 to 8871.00

 

DECEMBER E-MINI SP500

Resistance should appear near 1982.00 to 1996.00
Support should appear near 1953.00 to 1946.00.
NASDAQ COMPOSITE

Resistance should appear at 4571.00 to 4582.00 and 4639.00 to 4650.00
Support should appear near 4446.00 to 4425.00 and 4381.00 to 4370.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 4046.00 and 3992.00 to 3982.00

Resistance is at 4110.00 to 4120.00 and 4163.00 to 4183.00


DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 1150.00 and the 1164.00 to 1169.00 region

Support should appear near 1136.00 to 1130.00 and 1101.00 to 1096.

 

DECEMBER 30 YR BONDS

Resistance should appear near 141-22 and 142-12
Support should appear near 140-21 and 139-21

 

DECEMBER 10 YR NOTE

Resistance should appear near 126-22 and 127-07
Support should appear near 125-22 and 125-07   

  

                                               THE FRENZIED FOREX FRONT

DECEMBER DOLLAR INDEX

Resistance should appear near 8668 to 8683

Support should appear near 8589 to 8560 and 8499 to 8484
DECEMBER JAPANESE YEN
Resistance should appear near 9316 to 9347
Support should appear near 9156 to 9140 and 9060 to 9044
DECEMBER EURO CURRENCY

Support should appear near 12612 and 12530.

Resistance should appear near 12680 to 12740

 

DECEMBER SWISS FRANC

Resistance should appear near 10580 and 10630 to 10680

Support should appear near 10360 to 10320.

 

DECEMBER BRITISH POUND

Support should appear near 15922 and the 15760 to 15690 region.
Resistance should appear near 16090 to 16150.

DECEMBER CANADIAN DOLLAR

Resistance should appear near 8934 to 8964 and 9004

Support should appear near 8871 to 8856 and 8818
DECEMBER AUSSIE DOLLAR
Support should appear near 8722 and 8683 to 8668
Resistance should appear near 8777 then 8813 and 8856 to 8871
                                           

 

 

                                            THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1217.50 and 1232.0 to 1238.0

Support should appear near 1203.0 to 1192.0

 

DECEMBER COPPER
Resistance should appear near 30920 to 31020 and 31480 to 31570

Support should appear near 29900 to 29720 and 29370 to 29280

DECEMBER SILVER

Support should appear near 1696.00 to 1689.0 and 1655.0 to 1642.0

Resistance is at 1731 to 1738 and 1774.0 to 1780.0                                                                                                                                                                      


THE EXCITING ENERGIES
DECEMBER CRUDE OIL

Support should appear near 8134 to 8119 and 8044 to 8029

Resistance should appear near 8223 and 8300 to 8314

 

DECEMBER BRENT CRUDE OIL
Resistance should appear near 8762 to 8777 and 8856 to 8871
Support should appear near 8683 to 8668 and 8589 to 8560

 

DECEMBER HEATING OIL

Support should appear near 25190 to 25110 and 24900

Resistance should appear 25520 to 25680
DECEMBER UNLEADED GAS

Support should appear 21340 to 21260

Resistance should appear near 22190 to 22260

 

DECEMBER NATURAL GAS

Resistance should appear 3.858 to 3.867

Support should appear near 3.623 to 3.613                                            

 

                                              THE GRANDE’ GRAINS

JANUARY SOYBEANS
Support should appear near 1036 to 1032 and 1013 ¾ to 1010 ½

Resistance should appear near 1058 to 1068

DECEMBER SOYOIL
Support should appear near 3270 to 3261
Resistance should appear near 3493 to 3503

 

DECEMBER SOYMEAL
Resistance should appear near 416.3 to 418.3
Support should appear near 374.3 to 373.4
DECEMBER CORN

Support should appear near 356 ¼ to 355 ¼
Resistance should appear near 390 ¾ to 392 3/4
DECEMBER WHEAT

Support should appear near 521 ¼ to 520
Resistance should appear near 549 ¼ to 550 ½                                                                                                    

 

                                                    THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16550 to 16420

Resistance should appear near 16890 to 16960

     

 

 

FEBRUARY CATTLE

Support should appear near 16722 and 16562 and 16422

Resistance should appear near 16890 to 16960

 

DECEMBER HOGS
Support should appear near 8857 and 8777 to 8762
Resistance should appear near 9042 to 9062 and 9137 to 9157                                                                          

 

FEBRUARY HOGS

Support should appear near 8777 to 8762 and 8682 to 8667

Resistance should appear near 8852 to 8872 then 8932 to 8967 and 9042 to 9062.
BW Traders can sell at 9037, risk a close over 9162 for three days in a row.
APRIL HOGS

Support should appear near 8872 to 8762 and 8682 to 8667

Resistance should appear near 8937 to 8967 then 9042 to 9062 and 9137 to 9157

 

                                               THE SATISFYING SOFTS

DECEMBER COFFEE

Resistance should appear near 19460 to 19530

Support should appear near 18580 to 18650
DECEMBER COCOA

Resistance should appear near 2972 to 2990 and 3036 to 3045

Support should appear near 2883 to 2874 and 2829 to 2820

 

MARCH SUGAR

Resistance is near 1642 to 1655
Support should appear near 1576 to 1569

DECEMBER COTTON

Support should appear near 6350 to 6337

Resistance is at 6659 to 6673

 

 

                                      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

Wednesday October 29, 2014 4:00 PM South Florida Beach Time

 

 

 

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