FuturesCom Morning Investment Comments Friday January 25, 2013 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
A trader should not swear eternal allegiance to either a bull or bear side. His concern lies with being right.
Thursday January 24, 2013
1:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,770.00 and 13,615.00
Resistance should appear near 13,990.00 and the 14,150.00 to 14,210.00 region
MARCH E-MINI SP500
Resistance should appear 1496.00 then 1512.50 and the 1529.00 to 1535.00 region
Support should appear near 1484.00 then1471.50 and the 1459.00 to 1453.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near 3102 to 3092
MARCH E-MINI NASDAQ 100
Support should appear near 2694.00 and the 2672.00 to 2663.00
Resistance should appear near 2741.00 and the 2758.00 to 2775.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 904.40 to 906.00 and 914.00 to 915.60
Support should appear near 887.10 to 885.60 and 877.70 to 876.20.
MARCH 30 YR BOND
Resistance should appear near 146-07 and 146-21
Support should appear near 145-07 and 144-21
MARCH 10 YR NOTE
Resistance should appear near 132-21and 133-07
Support should appear near 131-21 and 131-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939
MARCH JAPANESE YEN
Resistance should appear near 11155 then 11227 and 11300 to 11360
Support should appear near 11010 to 10960
MARCH EURO CURRENCY
Support should appear near 13340 and 13220.
Resistance should appear near 13400 to 13460
MARCH SWISS FRANC
Resistance should appear near 10820 and the 10960 to 11010 region
Support should appear near 10750 and 10680 to 10580
MARCH BRITISH POUND
Support should appear near the 15760 to 15690 region.
Resistance should appear near 15842 and 15927
MARCH CANADIAN DOLLAR
Resistance should appear near 10021 to 10037
Support should appear near the 9937 to 9921 region.
MARCH AUSSIE DOLLAR
Resistance should appear near 10470 and the10580 to 10680 region.
Support should appear near 10360 to 10320. BW Traders can buy at 10370 for a bounce and risk a close under 10317 for three days in a row.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1689 to 1696
Support is near 1655 to 1642.
MARCH COPPER
Resistance should appear near 37340 to 37450.
Support should appear near 36230 to 36130.
MARCH SILVER
Resistance should appear near 3194 to 3123 and 3261 to 3270
Support is at 3157 to 3148 and 3102 to 3092
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9625 to 9641 and 9706 to 9737
Support should appear near 9542 to 9526 and 9445 to 9429.
MARCH HEATING OIL
Support should appear near 30450 to 30360 and 29900 to 29720
Resistance should appear near 30920 to 31020 and 31480 to 31570
MARCH UNLEADED GAS
Resistance should appear near 29280 to 29370 and 30360 to 30450
Support should appear near 28290 to 28200 and 27750 to 27580.
MARCH NATURAL GAS
Resistance should appear at 3613 to 3623 and 3734 to 3743
Support should appear near 3443 to 3425 and 3386 to 3377
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1421 to 1415 and 1399
Resistance should appear near 1437 and 1453 to 1459
MARCH SOYOIL
Resistance should appear near 5200 to 5211 and 5259 to 5282
Support should appear near 5139 to 5127 and 5067 to 5056
MARCH SOYMEAL
Resistance should appear near 416.3 418.3
Support should appear near 405.6 to 404.6
MARCH CORN
Support should appear 717 to 714 ½ and 708 ¾ to 707 ½
Resistance should appear near 724 ¼ to 725 ½ and 732 ¾ to 734 ¼
MARCH WHEAT
Resistance should appear near 783 ¾ to 786 ½ and 802 ¾ to 804 ½
Support should appear near 760 ¼ to 759 ¾ and 751 ¼ to 748 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near the 12380 to 12320 region
Resistance should appear near 12680 to 12740
APRIL CATTLE
Support should appear near 12890 and the 12740 to 12680 region
Resistance should appear near 13100 and 13220.
JUNE CATTLE
Support should appear near 12532 and 12380 to 12320 region
Resistance should appear near 12740 and 12817.
FEBRUARY HOGS
Resistance should appear near 8762 to 8777
Support should appear near 8592 to 8557
APRIL HOGS
Support should appear near 8932 and 8872 to 8857
Resistance should appear near the 9042 to 9062 and 9137 to 9157
JUNE HOGS
Support should appear near 9737 to 9707 and 9642 to 9622
Resistance should appear near 9822 to 9837 and 9922 to 9937
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and 14210 to 14150
Resistance should appear near 15290 to 15350 and 15690 to 15760
.
MARCH COCOA
Resistance should appear near 2267 to 2275 and 2315 to 2322 region. BW Traders can sell at 2315 and hold for lower prices. Risk a close over 2372 for three days in a row
Support should appear near 2185 to 2170 and 2134 to 2128
MARCH SUGAR
Support is at 1822 to 1808 and 1780 to 1774
Resistance should appear near 1858 to 1865 and 1902 to 1909
MARCH COTTON
Support should appear near 8223 to 8194 and 8134 to 8119
Resistance is near 8391 to 8406 and 8667 to 8683
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
Thursday January 24, 2013
2:00 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 Friday January 25 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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