FuturesCom Morning Investment Comments Tuesday March 12, 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
“We can easily forgive a child who is afraid of the dark.
The real tragedy of life is when men are afraid of the light”- Plato –
Monday March 11, 2013
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,370.00 and the 14,210.00 to 14150.00 region.
Resistance remains near the 14,530.00 to 14,590.00 region.
JUNE E-MINI SP500
Resistance should appear 1552.00 and the 1569.00 to 1576.00 region which should cap a rally.
BW Traders can sell at 1568.75 for a trade and risk 12 points.
Support should appear near 1535.00 to 1529.00 and 1512.50. BW Traders can buy at 1513.00 and risk a close under 1511.00 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear near 3261.00 to 3270.00 and the 3319.00 to 3328.00 region
Support should appear near 3213 to 3194 and the 3157.00 to 3148.00 region
JUNE E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00.
Resistance should appear near 2820.00 to 2829.00, a close over is friendly and augurs for a test of
2874.00 to 2883.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near the 942.90 to 944.50.
Support should appear near 934.70 to 931.60
JUNE 30 YR BOND
Resistance should appear near 141-07 and 142-07.
Support should appear near 139-21 and 139-07.
JUNE 10 YR NOTE
Resistance should appear near 131-07 and 131-21
Support should appear near 130-07 and 129-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near 8223 to 8194
JUNE JAPANESE YEN
Resistance should appear near 10470. Aggressive BW Traders can sell at 10467 and hold for lower prices.
Support should appear near the 10360 to 10320 region. A close under is negative and augurs for a test of 10136 to 10104… BW Traders should go short if a close under 10317 occurs.
JUNE EURO CURRENCY
Support should appear near 12967 and 12890.
Resistance should appear near 13040 to 13100 and 13155.
JUNE SWISS FRANC
Resistance should appear near 10580 to 10630 and 10680. BW Traders can sell at 10577 and hold for lower prices.
Support should appear near 10470 a close under is negative and augurs for as test the 10360 to 10320 region. BW Traders should go short if a close under 10467 occurs.
JUNE BRITISH POUND
Support should appear near 14840 and 14590 to 14530 region.
Resistance should appear near resistance should appear 14960 and 15125
JUNE CANADIAN DOLLAR
Resistance should appear near 9737 and 9779. Beyond that sellers should appear near 9821 to 9837. BW Traders can sell at 9821 and hold for lower prices. Risk a close over 9887 for three days in a row.
Support should appear near 9641 to 9425.
JUNE AUSSIE DOLLAR
Resistance should appear near 10237. Beyond that sellers should appear near 10320 to 13060.
BW Traders can sell at 10317 and hold for lower prices.
Support should appear near the 10136 to 10104 region.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1592.5.Beyond that sellers should appear near 1609 to 1615 .
Support is near 1576 to 1569, below that a test of 1552 is likely.
MAY COPPER
Resistance should appear near 35530 to 35630 and the 36130 to 36230 region.
Support should appear near 35030 to 34930 and the 34430 to 34250 region.
MAY SILVER
Resistance should appear near 2928 to 2937 and the 2972 to 2990 region.
Support is at 2829 to 2820 and the 2724 to 2716 region.
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 9237 and the 9156 to 9140 region which should hold.
Resistance should appear near 9316 to 9347, a close over is friendly and augurs for as test of the 9526 to 9542 region
APRIL CRUDE OIL
Support should appear near 9156 to 9140 and 9100.
Resistance should appear near 9316 to 9347
APRIL HEATING OIL
Support should appear near 29370 to 29280 and the 28830 to 28740 region.
Resistance should appear near 30360 to 30450
APRIL UNLEADED GAS
Support should appear near 31480. Below that buyers should appear near 31020 to 30920.
Resistance should appear 31940 to 32130 and 32610 to 32700
APRIL NATURAL GAS
Resistance should appear at 3663 to 3682 region. Beyond that as test of 3663 to 3682 is likely. Support should appear near 3563 to 3553 and 3443 to 3425.
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1459 to 1453 and 1437 ½.
Resistance should appear near the 1484 to 1496 region. Beyond that a trade towards the 1529 to 1535 region is likely to occur.
MAY SOYOIL
Resistance should appear near 5056 to 5067, a close over is friendly and augurs for a test of 5127 to 5139.
Support should appear near 5027 and the 4995 to 4973 region.
MAY SOYMEAL
Resistance should appear near 442.5 to 444.6. A close over is friendly and augurs for a test of the 450.3 to 451.4.
Support should appear near 431.5 to 430.4 and 424.9 to 423.8.
MAY CORN
Support should appear 708 ¾ to 707 ½ and 700 ¼ to 699
Resistance should appear near 714 ¼ to 717, beyond that sellers should appear near 732 ¾ to 734 ½
MAY WHEAT
Resistance should appear near 707 ½ to 708 ¾ region.
Support should appear near 691 ¾ to 690 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near the 12740 to 12680 region.
Resistance should appear 12887 and the 13040 to 13100 region.
JUNE CATTLE
Support should appear near 12317 and the 12030 to 11920 region which should hold.
Resistance should appear near 12380 and 12527
APRIL HOGS
Support should appear near 8047 to 8027.
Resistance should appear near 8192 to 8227.
JUNE HOGS
Support should appear near 9067 to 9047 region. Under that buyers should appear near 8967 to 8937.
Resistance should appear near 9100 and the 9137 to 9142 region.
Stay tuned for Livestock flashes
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 14210 to 14150 and 13830 to 13770.
Resistance should appear near 14530 to 14590 and the 14840 to 14960 region.
MAY COCOA
Resistance should appear near 2170 to 2185 and the 2267 to 2275 region.
Support should appear near 2089 to 2080 and the 2042 to 2034 region.
MAY SUGAR
Resistance is near 1902 to 1909 and the 1946 to 1953 region.
Support should appear near 1865 to 1858 and 1822 to 1808.
MAY COTTON
Support should appear near 8589 to 8560 and the 8499 to 8484 region. Below that buyers should appear near 8406 to 8391 and the 8314 to 8300 region. BW Traders can buy at 8407 for a bounce and risk a close under 8385 for three days in a row.
Resistance is near 8762 to 8777 and 8857 to 8872… Beyond that a test of 8934 to 8964 and beyond towards 9044 to 9060 is likely to occur.
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 March 11, 2013
3:15 PM South Florida Beach Time
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FuturesCom Morning Futures Comments Tuesday March 12, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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