FuturesCom Morning Investment Comments Thursday July 05, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
Tuesday July 3rd 2012
1:00 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.
SEPT E-MINI SP500
Resistance should appear near 1377.00 to 1383.00
Support should appear near 1346.00 to 1334.00.
NASDAQ COMPOSITE
Resistance should appear near 2990.00 and 3036.00 to 3045.00
Support should appear near the 2972.00 and 2937.00 to 2928.00.
SEPT E-MINI NASDAQ 100
Support should appear near 2620.00 to 2612.00 and 2568.00 to 2552.00.
Resistance should appear near2663.00 to 2672.00 and 2716 .00 to 2724.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40
Support should appear near the 804.40 to 802.90.
SEPT 30 YR BOND
Resistance should appear near 149-07 and 150-07.
Support should appear near 148-07 and 147-21
SEPT 10 YR NOTE
Resistance should appear near 134-21 and 135-07.
Support should appear near 133-21 and 133-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8194 to 8223
Support should appear near 8134 to 8119.
SEPT JAPANESE YEN
Resistance should appear near 12680 to 12740
Support should appear near the 12380 to 12320 region.
SEPT EURO CURRENCY
Support should appear near 12530 and the 12380 to 12320 region.
Resistance should appear near 12680 to 12740.
SEPT SWISS FRANC
Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10360 to 10320.
SEPT BRITISH POUND
Support should appear near 16007 then 15525 and 15350 to 15290.
Resistance should appear near 15690 to 15760 and 16090 to 16150.
SEPT CANADIAN DOLLAR
Resistance should appear near 9921 to 9937.
Support should appear near 9837 to 9821.
SEPT AUSSIE DOLLAR
Resistance should appear near 10237 and 10320 to 10360 region.
BW Traders can sell at 10303 and Hold for lower prices
Support should appear near 10136 to 10104
Stay tuned for Flashes ….
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near the 1642 to 1655 region.
Support is near 1615 to 1609 and 1591
SEPT COPPER
Resistance should appear near 36130 to 36230
Support should appear near 35030 to 34930
SEPT SILVER
Resistance should appear near 2829.0 and the 2928 to 2937 region.
Support is at 2724 to 2716 and the 2620 to 2612
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 8834 to 8964 and 9044 to 9060.
Support should appear near 8683 to 8668 and 8589 to 8560
AUGUST HEATING OIL
Support should appear near 26720 to 26630 and 26100 to 26120 region, which should hold, BW Traders can buy at 26300 for a bounce and risk a close under 25970.
Resistance should appear near the 28200 to 28290 region which should cap a rally. Trade accordingly
AUGUST UNLEADED GAS
Support should appear near 26200 to 26120 and 25680 to 25520
Resistance should appear near the 27160 to 27240 and the 28200 to 28290 region.
AUGUST NATURAL GAS
Reistance should appear at 3036 to 3045
Support should appear near 2775 to 2758
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1459 to 1453.
Resistance should appear near 1484 to 1496
DECEMBER SOYMEAL
Resistance should appear near 430.4 to 431.5 and 437.0 to 438.1
Support should appear near 418.3 to 416.3 and 412.0 to 411.0
DECEMBER BEAN OIL
Support should appear near 5282 to 5259.
Resistance should appear near 5492 to 5504
DECEMBER CORN
Support should appear near 659 ¼ to 657 ¾ and 635 to 633 ¾
Resistance should appear near 674 ¼ to 675 ½ and 680 ¾ to 683 ¾
DECEMBER WHEAT
Resistance should appear near the 830 to 831 ½ region
Support should appear near 777 ¾ to 776 ¼
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12320 and 12187. BW Traders can buy at 12190 and risk a close under 11910 for three days in a row.
Resistance should appear near 12380 and 12530.
OCTOBER HOGS
Support should appear near 8222 to 8192
Resistance should appear near the 8392 to 8407 region
DECEMBER HOGS
Support should appear near 7957 to 7932
Resistance should appear near 8192 to 8222
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near the 17380 to 17310 region.
Resistance should appear near 18080 to 18220 and 18580 to 18650
SEPT COCOA
Resistance should appear near 2354 to 2370 and the 2461 to 2469 region
Support should appear near 2226 to 2219 and the 2134 to 2119 region .
OCTOBER SUGAR
Support is at 2134 to 2136
Resistance should appear near 2267 to 2275
DECMBER COTTON
Support should appear near 7170 to 7143 and 7003 to 6990
Resistance is 7328 to 7342 and the 7763 to 7777 region.
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 July 03, 2012
2:15 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 Thursday July 05, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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