Morning Investment and Day Trading Comments Wednesday March 26, 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 March 25, 2014
4:30 PM, South Florida Beach Time.
Stay tuned for BW flashes and additional analysis for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,275.00 and 16,150.00 to 16090.00.
Resistance is at 16,420.00 to 16,550.00, beyond that a test of 16.720.00 is likely
JUNE E-MINI SP500
Resistance is at 1865.00 then 1874.00 and 1883.50.
Support should appear near 1858.00 then 1849.00 and 1840.00.
BW Traders should go long if a close 1865.25 occurs.
NASDAQ COMPOSITE
Resistance should appear near 4238.00 to 4249.00. Beyond that a test of 4304.00 to 4315.00 is likely
Support should appear near 4210.50 and the 4183.00 to 4163.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 3623 to 3613 and the 3563.00 to 3553.00 region.
BW Traders can buy at 3554.00 and hold for higher prices.
Resistance is at 3663.00 to 3682.00 and 3734 to 3743.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1192.00 to 1203.00.
Support should appear near the 1169.00 to 1164.00 region.
JUNE 30 YR BONDS
Resistance should appear near 133-07 and 133-21.
Support should appear near 132-07 and 131-21.
JUNE 10 YR NOTE
Resistance should appear near 123-21 and 124-07.
Support should appear near 123-07 and 122-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near the 7954 to 7939 region
JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706.
JUNE EURO CURRENCY
Support should appear near 13770 and 13615
Resistance should appear near 13830 then 13990 and 14150 to 14210
JUNE SWISS FRANC
Resistance should appear near 11360 then 11430 and 11500
Support is near 11300 and 11555
JUNE BRITISH POUND
Support should appear near 16487 the 16420 region. Below that buyers should appear near 16287 and contain a decline.
Resistance remains near 16550 then 16720 and the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 8964 and 9044 to 9060
Support should appear near 8934 then 8903 and 8871 to 8856
JUNE AUSSIE DOLLAR
Support should appear near 9060 to 9044
Resistance should appear near 9140 to 9156.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1322 and 1334 to 1346.0.
Support is near 1310.0 to 1304.0, below that a test of 1289.0 is likely.
MAY COPPER
Resistance should appear near 30360 to 30450 and 30920 to 31020
Support should appear near 29900 to 29730 and 29370 to 29280.
MAY SILVER
Support should appear near 1996 to 1982 and 1953 to 1946.
Resistance is at 2034 to 2042 and the 2080 to 2089 region.
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10104 to 10136
Support should appear near 9837 to 9821
JUNE CRUDE OIL
Resistance should appear near 9921 to 9937 and 10021 to 10037
Support should appear near 9837 to 9821 and 9737 to 9706
BW Traders should go long if a close over 9939 occurs.
MAY BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10630 to 10580 and 10470.
MAY HEATING OIL
Support should appear near should appear near 28830 to 28740
Resistance should appear 29720 to 29900.
MAY UNLEADED GAS
Support should appear 28830 to 28740 and 28290 to 28200
Resistance should appear near 29280 to 29370 and 29720 to 29900
MAY NATURAL GAS
Resistance should appear at 4503 to 4514
Support should appear near 4381 to 4370
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near 1453 to 1459
JULY SOYBEANS
Support should appear near 1383 to 1377.
Resistance should appear near 1415 to 1421.
NOVEMBER SOYBEANS
Support should appear near 1169 to 1164 and 1136 to 1130
Resistance should appear near 1192 to 1203 and 1232 to 1238
JULY SOYOIL
Resistance should appear near 4110 to 4120
Support should appear near 4056 to 4046.
BW Traders can buy at 4057 for a bounce and hold for higher prices, initially risk a close under 3977 for three days in a row.
MAY SOYMEAL
Resistance should appear near 469.5 to 471.6.
Support should appear near 458.2 to 457.1.
JULY CORN
Support should appear near 485 ¾ to 484 ½ and 478 ½ to 477 ½
Resistance should appear near 505 ¾ to 506 ¾ and 512 ¾ to 513 ¾
MAY WHEAT
Resistance should appear near 714 ¼ to 717 and the 724 ¼ to 725 ½ region
Support should appear 683 ¾ to 680 ¾ and the 675 ½ to 674 ¾ region.
THE LIVELY LIVESTOCK
APRIL CATTLE
Support remains near 14527 and 14372
Resistance should appear near 14590 and 14717
JUNE CATTLE
Support should appear near 13460 to 13340.
Resistance should appear near 13770 to 13830
APRIL HOGS
Support should appear near 12030 to 11960
Resistance should appear near 12317 to 12362
JUNE HOGS
Support should appear near the 12382 to 12317
Resistance should appear near 12672 to 12742
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 18580 to 18650
Support should appear near 16960 to 16890.
MAY COCOA
Resistance should appear near 2972 to 2990.
Support should appear near the 2883 to 2874 region.
BW Traders can buy at 2887 for a bounce and hold for higher prices.
MAY SUGAR
Resistance is near 1731 to 1737
Support should appear near 1655 to 1642.
MAY COTTON
Support should appear near 9347 to 9312 and 9237
Resistance is at 9526 to 9542 and 9706 to 9737
.
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 March 25, 2014 6:15 PM South Florida Beach Time
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