May 252012
 

FuturesCom  Morning Investment Comments  Tuesday May 29, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2 . “Courage is fear holding on a minute longer’’ – General George Patton 

Friday May 25, 2012
1:30 PM South Florida Beach Time

Stay tuned for updates and flashes in all markets. 

 

                                  THE SENSATIONAL STOCK AND BOND MARKETS 
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,360.00 to 12,320.00 and 12,030.00 ro 11,920.00

Resistance should appear near 12,530.00 and 12,680.00 to 12740.00

JUNE E-MINI SP500
Resistance should appear near 1322.00 and 1334.00 to 1346.00
Support should appear near  1310.00 to 1304.00 and the 1274.00 to 1268.00 region
NASDAQ COMPOSITE
Resistance should appear near the 2874.00 to 2883.00 region.

Support should appear near 2775.00 to 2758.00 region
JUNE E-MINI NASDAQ 100
Support should appear near 2469 to 2461.
Resistance should appear near the 2552.00 to 2568.00 region.

 

 

JUNE E-MINI RUSSELL 2000
Resistance should appear near 767.50 to 768.90 and 776.30 to 777.70.
Support should appear near the 742.80 to 741.40 and the 733.20 to 732.80 region.

JUNE 30 YR BOND
Resistance should appear near 148-07 and 148-21.

Support should appear near 147-07 and 146-21

JUNE 10 YR NOTE
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-07 and 132-21

        THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX
Resistance should appear near 8300 to 8314 and 8391 to 8406
Support should appear near 8223 to 8194 and 8134 to 8119

JUNE JAPANESE YEN
Resistance should appear near the 12680 to 12740 region.

Support should appear near the 12380 to 12320 region. .

 

JUNE EURO CURRENCY
Support should appear near the 12455 and the 12380 to 12320 region.
Resistance should appear near 12530 then 2605 and the12680 to 12740 region

JUNE SWISS FRANC
Resistance should appear near 10470 and 10580 to 10680.
Support should appear near the 10360 to 10320 and 10237

JUNE BRITISH POUND
Support should appear near 15525 and the 15350 to 15290 region
Resistance should appear near  15690 to 15760 and 15925, which should cap a rally. BW Traders can sell at 15917 and initially plan on a risk if close over 15932 occurs for three days in a row.

JUNE CANADIAN DOLLAR
Resistance should appear near 9821 to 9837.
Support should appear near 9641 to 9625

JUNE AUSSIE DOLLAR
Resistance should appear near 9821 to 9837.

Support should appear near 9641 to 9625

 

 

 

 

 

            THE PRECIOUS METALS

 

AUGUST GOLD
Resistance should appear near 1576 then 1591 and 1609 to 1615
Support is near 1535 to 1529 and 1496 to 1485

JULY COPPER
Resistance should appear near 34930 to 35030 and 35530 to 35630
Support should appear near 34430 to 34250 and 33860 to 33770.

JULY SILVER
Resistance should appear near 2874 to 2883 and 2928 to 2937
Support is at 2775 to 2758 and 2724 to 2716.

 

THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 9150 to 9156 and 9316 to 9347
Support should appear near 9060 to 9044 and 8964 to 8934
JULY HEATING OIL
Support should appear near the 27240 to 27160 region.

Resistance should appear near 28740 to 28830
JULY UNLEADED GAS
Support should appear near the 27750 to 27580 and 27240 to 27160 region.

Resistance should appear near 28740 to 28830 and 29280 to 29370

JULY NATURAL GAS
Resistance should appear at 2663 to 2672 and 2820 to 2829
Support should appear near 2568 to 2552 and 2519 to 2511

THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1373 and 1346 to 1334.
Resistance should appear near 1399 and 1415 to 1421

JULY SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 48.3

Support should appear near 405.6 to 404.6 and the 399.2 to 398.2 region.

 

JULY BEAN OIL
Support should appear near 4995 to 4973 and 4926 to 4915
Resistance should appear near  5056 to 5067 and 5127 to 5139

 

JULY CORN
Support should appear near 557 ¾ to 555 ¾
Resistance should appear near 595 ½ to 595 ¾
JULY WHEAT
Resistance should appear near 680 ¾ to 683 ¾ and 690 ¾ to 691 ¾
Support should appear near 667 ¾ to 665 ¾ and 635 to 633 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE

Support should appear near 11817 and 11692 to 11642

Resistance should appear near 11920 to 12030 and 12157

JULY HOGS
Support should appear near 8592 to 8562 and 8502 to 8482 .
Resistance should appear near 8667 to 8682 and 8762 to 8777

OCTOBER HOGS

Support should appear near 7957 to 7937 and 7867 to 7837

Resistance should appear near 8027 to 8047 and 8117 to 8137

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 16150 to 16090.
Resistance should appear near 16890 to 16960

JULY COCOA
Resistance should appear near the 2126 to 2134 and 2219 to 2226.
Support should appear near 2089 to 2080 and 2042 to 2034

 

JULY SUGAR
Support is at 1909 to 1902 and 1865 to 1858
Resistance should appear near  1982 to 1996 and 2034 to 2042 .

JULY COTTON
Support should appear near 7003 to 6990
Resistance should appear 7675 to 7689.

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
Friday May 25, 2012
3:45 PM South Florida Beach Time 

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FuturesCom Morning Comments  Tuesday May 29, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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