FuturesCom Morning Investment Comments Monday December 24, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“The best thing about the future is that it comes one day at a time”.
— Abraham Lincoln —
Friday December 21, 2012
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040.00 and 12,890.00
Resistance should appear near 13,220.00 and the 13,340.00 to 13,460.00 region.
MARCH E-MINI SP500
Resistance should appear near 1437.00 and the 1454 to 1459 region.
Support should appear near 1421.00 to 1415.00 and 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00 and 3092.00 to 3102.00
Support should appear near 2990.00 to 2972.00 and 2937.00 to 2928.00
MARCH E-MINI NASDAQ 100
Support should appear near and 2620.00 to 2612.00
Resistance should appear near 2716.00 to 2724.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 856.00 to 858.90 and 876.20 to 877.70
Support should appear near 840.60 to 839.10 and 822.30 to 819.40
MARCH 30 YR BOND
Resistance should appear near 147-21 and 148-07
Support should appear near 146-21 and 145-21
MARCH 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 131-21 and 130-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 7991 and the 8029 to 8044 region
Support should appear near 7954 to 7939 and the 7864 to 7834 region.
MARCH JAPANESE YEN
Resistance should appear near 11920 to 12030.
Support should appear near 11815 and the 11690 to 11640 region.
MARCH EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460.
MARCH SWISS FRANC
Resistance should appear near 10960 to 11010
Support should appear near 10820 and 10680 to 10580
MARCH BRITISH POUND
Support should appear near 16150 to 16090
Resistance should appear near 16420 to 16550.
MARCH CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021 and 9979
MARCH AUSSIE DOLLAR
Resistance should appear near 10360 then 10415 and 10470
Support should appear near 10320 and 10237
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1672 and 1689 to 1696.
Support is near 1642 and 1615 to 1609
MARCH COPPER
Resistance should appear near 36130 to 36230
Support should appear near 35030 to 34930
MARCH SILVER
Resistance should appear near 3036 to 3045 and 3092 to 3102
Support is at 2937 to 2928 and 2883 to 2874
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9044 to 9060 and 9140 to 9156
Support should appear near 8777 to 8762 and 8683 to 8668
JANUARY HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280. BW Traders can buy at 29410 for a bounce and hold for higher prices.
Resistance should appear near 30360 to 30450 and 30920 to 31020
JANUARY UNLEADED GAS
Resistance should appear near 27580 to 27750 and 28200 to 28290
Support should appear near 27240 to 27160 and 26720 to 26630.
JANUARY NATURAL GAS
Resistance should appear at 3553 to 3563 and 3663 to 3683
Support should appear near 3328 toi 3319 and 3157 to 3148.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near 1453 to 1459
MARCH SOYOIL
Resistance should appear near 4915 to 4926 and 4973 to 4995
Support should appear near 4856 to 4845 and 4785 to 4775
MARCH SOYMEAL
Resistance should appear near 437.0 to 438.1 and 442.5 to 444.6
Support should appear near 424.9 to 423.8 and 418.3 to 416.3
MARCH CORN
Support should appear 683 ¾ to 680 ¾ and 667 ¼ to 665 ¾
Resistance should appear near 707 ½ to 708 ¾ and 714 ¼ to 717
MARCH WHEAT
Resistance should appear near 793 ¾ to 795 ½ and 802 ¾ to 804 ½
Support should appear near 777 ¾ to 776 ¼ and 768 ¾ to 767 ½
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13340 and 13220
Resistance should appear near 13460 then 13537 and 13617
APRIL CATTLE
Support should appear near 13617 and 13517
Resistance should appear near 13770 to 13830
FEBRUARY HOGS
Resistance should appear near 8762 to 8777 and 8857 to 8872
Support should appear near 8682 to 8667 and 8592 to 8557
APRIL HOGS
Support should appear near 9140 and 9062 to 9042.
Resistance should appear near 9237 and 9317 to 9347
JUNE HOGS
Support should appear near 9937 to 9922.
Resistance should appear near 10102 to 10137
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14210 to 14150 and the 13830 to 13770 region.
Resistance should appear near 14840 to 14960 and the15290 to 15350 region.
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MARCH COCOA
Resistance should appear near 2354 to 2370 and 2411 to 2419
Support should appear near 2315 and 2275 to 2267
MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858.
Resistance should appear near 1945 to 1953 and 1982 to 1996. BW Traders can Sell at 1977 and risk a close over 2002 for three days in a row.
MARCH COTTON
Support should appear near 7513 to 7486 and 7428 to 7414
Resistance is near 7763 to 7777 and the 7836 to 7864 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
Friday December 21, 2012
4:35 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 Monday December 24 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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