FuturesCom Morning Investment Comments Monday February 4, 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
Sunday February 3, 2013
9:00 AM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,990.00 and the 13,830.00 to 13,770.00 region.
Resistance remains near the 14,150.00 to 14,210.00 region.
MARCH E-MINI SP500
Resistance should appear near 1512.50 and the 1529.00 to 1535.00 region.
Aggressive BW Traders can sell at 1528.50 and risk 10 points.
Support should appear near 1496.00 to 1490.00 and 1484.00. Below that buyers should appear near 1471.50…
NASDAQ COMPOSITE
Resistance should appear near 3194.00 to 3213.
Support should appear near 3175.50 and the 3157.00 to 3148.00 region. Below that buyers should appear near 3125.00 and 3102.00 to 3092.00.
MARCH E-MINI NASDAQ 100
Support should appear near the 2724.00 to 2716.00 region. Below that buyers should appear near the 2991.00 and the 2672.00 to 2663.00 region.BW Traders can buy at 2673.00 for a bounce and risk a close under 2659.00
Resistance should appear near 2758.00 to 2775.00 and the 2820.00 to 2829.00 region
MARCH E-MINI RUSSELL 2000
Nearby Resistance is at 914.40 to 915.60 an extended trade or close over is friendly and augurs for an eventual test of 923.60. Beyond that sellers should appear near 931.60 to 934.70.
Support should appear near 906.00 to 904.40 and the 896.40 to 893.40 region. Below that buyers should appear near the 887.10 to 885.60 region. BW Traders can buy at 888.90 for a bounce and risk a close under 885.30 for three days in a row.
MARCH 30 YR BOND
Resistance should appear near 143-07 and 143-21
Support should appear near 142-21 and 142-07
MARCH 10 YR NOTE
Resistance should appear near 131-21 then 132-07 and 132-21.
Support should appear near 130-21 below that 129-21 should hold.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near the 7939 to 7954 region.
Support should appear near 7901 and the 7864 to 7836 region.
MARCH JAPANESE YEN
Resistance should appear near 10820 and the 10960 to 11010 region.
Support should appear near 10750 and the 10680 to 10580 region.
MARCH EURO CURRENCY
Support should appear near 13615 and 13537.
Resistance should appear near the 13770 to 13830 region and should cap any rally for now.
MARCH SWISS FRANC
Resistance should appear near 11155 and 11237.
Support should appear near 11010 to 10960.
MARCH BRITISH POUND
Support should appear near 15690 an extended trade or close under augurs for an eventual test of 15525, below that a trade towards the 15350 to 15290 region is likely. .
Resistance should appear near 15760 then 15848 and 15922. BW Traders can sell at 15917 and risk a close over 15937 for three days in a row.
MARCH CANADIAN DOLLAR
Resistance should appear near the 10021 to 10037 region and 10069.
Support should appear near 9979 and the 9937 to 9921 region.
MARCH AUSSIE DOLLAR
Resistance should appear near 10415 and 10470.
Support should appear near 10360 to 10320 and 10237.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1689 to 1696 and the 1731 to 1738 region..
Support is near 1655 to 1642 and the 1615 to 1609 region.
BW Traders should go long if a close over 1697.7 occurs.
MARCH COPPER
Resistance should appear near 37950 to 38060 and 38580 to 38670
Support should appear near 37340 and the 36820 to 36630 region.
MARCH SILVER
Resistance should appear near 3213 and 3261 to 3270
Support is at 3157 to 3148 and the 3102 to 3092 region.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9821 to 9837 and the 9921 to 9937 region.
Support should appear near 9737 to 9706 and 9641 to 9625
MARCH HEATING OIL
Support should appear near 31570 to 31480 and 31020 to 30920.
Resistance should appear near 31930 to 32130 and the 32620 to 31940 region.
MARCH UNLEADED GAS
Resistance should appear near 30920 to 31020 and 31250
Support should appear near 30450 to 30360 and the 29900 to 29720 region.
Stay tuned for Flashes
MARCH NATURAL GAS
Resistance should appear at 33190 to 33280 and 33770 to 33860.
Support should appear near 3270 to 3261 and 3157 to 3148
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1459 to 1453
Resistance should appear near 1484 to 1496
MARCH SOYOIL
Resistance should appear near 5344 to 5356 and the 5418 to 5430 region.
Support should appear near 5282 to 5199 and 5211 to 5200.
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 734 ¼ to 732 ¾ and 725 ½ to 724 ¼
Resistance should appear near 741 ½ to 742 ¾ and 748 ¾ to 751 ¼.
MARCH WHEAT
Resistance should appear near 776 ¼ to 777 ¾ and 793 ¾ to 795 ½
Support should appear near 760 ¼ to 759 ¾, failure there augurs for a test of 751 ¼ to 748 ¾ region.
Below that buyers should appear near the 742 ¾ to 741 ½ region.
BW Traders can buy at 742 ¾ and risk a close under 731 ¾ for three days in a row.
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13400
JUNE CATTLE
Support should appear near 12740 to 12680.
Resistance should appear near 12887 and the 13040 to 13100 region.
FEBRUARY HOGS
Resistance should appear near 8777 then 8817 and the 8852 to 8872.
Support should appear near 8687 to 8662 and 8592 to 8567
APRIL HOGS
Support should appear near 8872 to 8857 and 8817… Below that buyers should appear near the
8777 to 8762 region.
Resistance should appear near 8932 to 8967 and the 9042 to 9062 region. BW Traders can sell at 9037 and risk a close over 9157 for three days in a row.
JUNE HOGS
Support should appear near the 9737 to 9707 and 9642 to 9622.
Resistance should appear near the 9822 to 9837 and 9922 to 9937
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14715 and the 14590 to 14530 region. Below that buyers should appear near 14210 to 14150.
Resistance should appear near 14840 to 14960, a close over is friendly and augurs for a test of the 15290 to 15350 region
.
MARCH COCOA
Resistance should appear near 2219 to 2226 and the 2267 top 2275 region.
Support should appear near 2185 to 2170 and the 2134 to 2126 region.
MARCH SUGAR
Resistance is near 1902 to 1902 and the 1946 to 1953 region
Support should appear near 1865 to 1858 and the 1822 to 1807 region
MARCH COTTON
Support should appear near 8223 to 8194 and 8134 to 8119.
Resistance is near 8300 to 8314 and the 8391 to 8406 region.
Beyond that a test of 8484 to 8500 is likely.
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
Sunday February 3, 2013
12:00 Noon 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 February 4, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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