FuturesCom Morning Investment Comments Tuesday April 17, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 . “A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Monday April 16, 2012
9:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,740.00 to 12,680.00.
Resistance should appear near the 13,040.00 to 13,100.00 region.
JUNE E-MINI SP500
Resistance should appear near the 1377.00 to 1383.00 region
Support should appear near the 1346.00 to 1334.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00
Support should appear near 2972.00 and the 2937.00 to 2928 region.
JUNE E-MINI NASDAQ 100
Resistance should appear near 2672.00 and 2716.00 to 2724.00.
Support should appear near the 2620.00 to 2612.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 795.40 and 802.90 to 804.40
Support should appear near 786.40 to 783.60 and 777.70 to 776.30
JUNE 30 YR BOND
Resistance should appear near 142-07 and 142-21
Support should appear near 141-07 and 140-21.
JUNE 10 YR NOTE
Resistance should appear near 132-07 and 132-21
Support should appear near 131-07 and 130-21.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8029 to 8044 a close over is friendly and augurs for a test of
8119 to 8134.
Support should appear near 7954 to 7939.
JUNE JAPANESE YEN
Resistance should appear near 12455 and 12530
Support should appear near 12380 to 12320
JUNE EURO CURRENCY
Support should appear near 13100 to 13040 and 12890
Resistance should appear near 13165 and 13220
JUNE SWISS FRANC
Resistance should appear near 10960 to 11010
Support should appear near 10820 and the 10680 to 10580 region
JUNE BRITISH POUND
Support should appear near 15760 to 15690 and 15525
Resistance should appear near 15927 and the 16090 to 16150 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 10021 to 10037.
Support should appear near 9937 to 9921
JUNE AUSSIE DOLLAR
Resistance should appear near the 10320 to 10360 region.
Support should appear near 10136 to 10104.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1672 and the 1689 to1696 region. BW Traders can sell at 1688 and hold for lower prices.
Support is near 1642 and 1615 to 1609
MAY COPPER
Resistance should appear near 36630 to 36820 and 37340 to 37450
Support should appear near the 35630 to 35530 and 35030 to 34930
MAY SILVER
Resistance should appear near 3148 to 3157 and 3261 to 3270.
Support is at 3102 to 3092 and 3045 to 3036
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10360 and 10470
Support should appear near 10320 and 10185
MAY HEATING OIL
Support should appear near 30450 to 30360
Resistance should appear near 31940 to 32130
MAY UNLEADED GAS
Support should appear near 32610 and 32130 to 31940
Resistance should appear near 33770 to 33860 and 34250 to 34430
MAY NATURAL GAS
Support should appear at 19530 to 19460.
Resistance should appear near 20340 to 20430
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near the 1453 to 1459
JULY SOYMEAL
Resistance should appear near 398.2 to 399.2.
Support should appear near 386.7 to 385.8
JULY BEAN OIL
Resistance should appear near 5716 to 5729
Support should appear near the 5577 to 5553 region.
JULY CORN
Support should appear near 603 ½ to 602 ¾
Resistance should appear near 641 ¾ to 643
JULY WHEAT
Resistance should appear near 641 ¾ to 643 and 665 ¾ to 667 ¾.
Support should appear near 619 to 616 ½ 588 to 585 ½
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11500 and 11360 to 11300
Resistance should appear near 11640 to 11690 and 11820
JUNE HOGS
Support should appear near 8872 to 8857
Resistance should appear near 9037 to 9062
OCTOBER HOGS
Support should appear near 8222 to 8192
Resistance should appear near 8392 to 8407
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 16960 to 16890.
Resistance should appear near 18080 to 18220
JULY COCOA
Resistance should appear near 2267 to 2275
Support should appear near the 1953 to 1946 region.
JULY SUGAR
Support is at 2185 to 2170
Resistance should appear near 2267 to 2275.
JULY COTTON
Resistance should appear near 8856 to 8871 and 8934 to 8964.
Support should appear 8683 to 8668 and 8589 to 8560.
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Monday April 16 2012
10:00 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
FuturesCom Morning Comments Tuesday April 17, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs FuturesCom Investment Publications 1- 772-236-9294 Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 2012 All Rights Reserved.
Sorry, the comment form is closed at this time.