FuturesCom Morning Investment Comments Tuesday July 31, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
Monday July 30, 2012
1:00 PM South Florida Beach Time ’A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance should appear near 13,100.00 and the 13,340.00 to 13,460.00 region.
SEPT E-MINI SP500
Resistance should appear near 1399.00 and the 1415.00 to 1421.00 region
Support should appear near 1377 and the 1346.00 to 1334.00 region
NASDAQ COMPOSITE
Resistance should appear near 2972.00 to 2990.
Support should appear near the 2883.00 to 2874.00
SEPT E-MINI NASDAQ 100
Support should appear near the 2620.00 to 2612.00
Resistance should appear near 2663.00 to 2672.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 793.90 to 795.40 and 802.90 to 804.40.
Support should appear near the 786.50 to 783.60 and the 777.70 to 776.30 region.
SEPT 30 YR BOND
Resistance should appear near 151-21. Beyond that a test of 152-07 is likely.
Support should appear near 150-21 and 150-07
SEPT 10 YR NOTE
Resistance should appear near 134-21 and 135-07.
Support should appear near 134-07 and 133-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314 and 8391 to 8406.
Support should appear near 8223 to 8194 and the 8134 to 8119 region.
BW Traders can buy at 8141 and risk a close under 8112 for three days in a row.
SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12740 to12680.
SEPT EURO CURRENCY
Support should appear near 12247 then 12175 and the 12030 to 11920 region.
Resistance should appear near 12320 to 12380.
SEPT SWISS FRANC
Resistance should appear near 10237 and 10320 to 10360
Support should appear near 10187 and 10135 to 10104.
SEPT BRITISH POUND
Support should appear near 15690 and 15525
Resistance should appear near 15760 and 15847 .
SEPT CANADIAN DOLLAR
Resistance should appear near the 10021 to 10037 region.
BW Traders can sell at 10017 and hold for lower prices…
Support should appear near 9937 to 9921.
SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near the1642 to1655 region.
Support is near 1615 to 1609
SEPT COPPER
Resistance should appear near 34250 to 34430 and 35530 to 35630
Support should appear near the 33860 to 33770 and 33280 to 33190 region.
SEPT SILVER
Resistance should appear near 2820.0 to 2829.0 2874 to 2883
Support is at 2724 to 2716 and the 2620 to 2612
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Resistance should appear near 9044 to 9060, a close over is friendly and augurs for a test of 9140 to 9156 and eventually the 9316 to 9347 region. BW Traders can go long if a close over 9063 occurs.
Support should appear near 8964 to 8934 and the 8777 to 8761 region. BW Traders can buy at 8787 and risk a close under 8661 for three days in a row.
SEPTEMBER HEATING OIL
Support should appear near 28740 and the 28290 to 28200 region, BW Traders can buy at 28520 for a bounce and risk a close under 28190 for three days in a row.
Resistance should appear near the 29280 to 29370 and the 29720 to 29900 region
SEPTEMBER UNLEADED GAS
Support should appear near 27750 to 27580. BW Traders can buy at 27770 and risk a close under 27140 for three days in a row…
Resistance should appear near the 28200 to 28290. A close over is friendly and augurs for a test of 28740 to 28830 and the 29280 to 29370 region.
SEPTEMBER NATURAL GAS
Resistance should appear at 3319 to 3328
Support should appear near 3045 to 3036
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1615 to 1609
Resistance should appear near the 1689 to 1696 region.
DECEMBER SOYMEAL
Resistance should appear near 512.7 to 513.9
Support should appear near 485.6 to 484.5
DECEMBER BEAN OIL
Resistance should appear near 5344 to 5356 and 5492 to 5504 region.
Support should appear near 5211 to 5200 and 5139 to 5127 region.
DECEMBER CORN
Support should appear near 777 ¾ to 776 ½
Resistance should appear near 830 to 831 ½ and 856 to 858 ¾
DECEMBER WHEAT
Resistance should appear near 970 ¾ to 973 ¾
Support should appear near 887 ¼ to 885 ¾ .
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near the 12680 to 12740 region.
OCTOBER HOGS
Support should appear near 8047 to 8027.
Resistance should appear near 8197 to 8222 and the 8300 to 8317 region
DECEMBER HOGS
Support should appear near 7867 to 7837
Resistance should appear near 8117 to 8137
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 17380 to 17310
Resistance should appear near the 18080 to 18220 region.
BW Traders can sell at 180.70 and hold for lower prices.. Stay tuned for flashes
SEPT COCOA
Resistance should appear near 2354 to 2370 and the 2411 to 2419 region
Support should appear near 2226 to 2219 and the 2185 to 2170 region .
OCTOBER SUGAR
Support is at 2226 to 2219
Resistance should appear near the 2315 to 2322 region.
DECMBER COTTON
Support should appear near 7003 to 6990.
Resistance is 7328 to 7342.
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
Monday July 30, 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 Tuesaday July 31, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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