FuturesCom Morning Investment Comments Thursday September 06, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
Observation, Experience, memory and mathematics–These are what a successful trader must depend on. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory. -Reminiscences of a Stock operator-
Wednesday September 05, 2012
1:00 PM South Florida Beach Time
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 13,040.00 to 13,100.00 and 13,220.00.
SEPT E-MINI SP500
Resistance should appear near the 1415.00 to 1421.00 region.
Support should appear near 1399.00, below that a test of the 1383.00 to 1377 region is likely.
NASDAQ COMPOSITE
Resistance should appear near the 3092.00 to 3102.00 region.
Support should appear near 3045.00 to 3036.00.
SEPT E-MINI NASDAQ 100
Support should appear near the 2758.00 and the 2724.00 to 2716.00 region.
Resistance should appear near 2775.00 and 2797.50. Beyond that Sellers should appear near
2820.00 to 2829.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40
Support should appear near 813.40 to 811.90.
DECEMBER 30 YR BOND
Resistance should appear near 151-21 and 152-07.
Support should appear near 150-07 and 149-21
DECEMBER 10 YR NOTE
Resistance should appear near 133-21 and 134-07
Support should appear near 133-07 and 132-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near the 8194 to 8223 region.
Support should appear near 8134.00 to 8119 .
SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12740 to 12680 and 12617
SEPT EURO CURRENCY
Support should appear near 12530 and 12457
Resistance should appear near 12615 and the 12680 to 12740 region,
which should cap a rally
SEPT SWISS FRANC
Resistance should appear near 10470 and the 10580 to 10680 region
Support should appear near 10437 and the 10360 to 10320 region.
SEPT BRITISH POUND
Support should appear near 15760 to 15690.
Resistance should appear near 15922 and the 16090 to 16150 region
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021
SEPT AUSSIE DOLLAR
Resistance should appear near 10187 and 10237
Support should appear near 10136 to 10104 and 10037 to 10021
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near the 1731.0 to 1738.0 region.
Support is near 1689 then 1671 and the 1677 to 1642 region
DECEMBER COPPER
Resistance should appear near 35530 to 35630.
Support should appear near the 34430 to 34250.
DECEMBER SILVER
Resistance should appear near 3261 to 3270 and 3319 to 3328
Support is at 3213 to 3194 and 3157 to 3148
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near 9625 to 9641
Support should appear near 9445 to 9429 and the 9347 to 9316 region
OCTOBER HEATING OIL
Support should appear near 31020 to 30920.
Resistance should appear near 31940 to 32130
OCTOBER UNLEADED GAS
Support should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear near 30360 to 30450 and the 30920 to 31020 region
OCTOBER NATURAL GAS
Resistance should appear at 2874 to 2883
Support should appear near 2724 to 2716
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1738 to 1731.
Resistance should appear near 1774 to 1780
DECEMBER SOYMEAL
Resistance should appear near 534.4 to 535.6 and 541.8 to 543.0.
Support should appear near 521.1 to 520.0 and 513.9 to 512.7
DECEMBER BEAN OIL
Resistance should appear near 5855 to 5880 and 5945 to 5957
Support should appear near 5729 to 5716 and 5653 to 5640
DECEMBER CORN
Support should appear near 777 ¾ to 776 ¼ and 760 ¼ to 759 ¾
Resistance should appear near 793 ¾ to 795 ½ and 802 3/43 to 804 ½
DECEMBER WHEAT
Resistance should appear near 885 ¾ to 887 ¼ and 904 ½ to 906
Support should appear near 858 ¾ to 856 and 840 ¾ to 839 ¼
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12532 and 12380 to 12320
Resistance should appear near 12680 to 12740
DECEMBER CATTLE
Support should appear near 12892 and 12740 to 12680.
Resistance should appear near 13040 to 13100
OCTOBER HOGS
Support should appear near 7342 to 7327 and 7257 to 7242
Resistance should appear near 7412 to 7432 and 7487 to 7512
DECEMBER HOGS
Support should appear near 7172 to 7142 and 7092 to 7072
Resistance should appear near 7242 to 7257 and the 7327 to 7342 region.
FEBRUARY HOGS
Support should appear 7867 to 7837 and 7777 to 7762
Resistance should appear near 7937 to 7952 and 8027 to 8047
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 15760 to 15690
Resistance should appear near 16420 to 16550
DECEMBER COCOA
Resistance should appear near 2716 to 2724
Support should appear near 2620 to 2612
OCTOBER SUGAR
Support is at the 1865 to 1858.
Resistance should appear near 1946 to 1953
DECEMBER COTTON
Support should appear near 7513 to 7486 and 7428 to 7414
Resistance is at 7763 to 7777 and 7836 to 7864
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
Wednesday September 05, 2012
2:20 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 Futures Comments Thursday September 06-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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