FuturesCom Morning Investment Comments Friday March 22, 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
Thursday March 21, 2013
5:30 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 14,150.00 region
Resistance is at 14,530.00 to 14,590.00 and 14,710.00.
JUNE E-MINI SP500
Resistance should appear near 1552.50 and the 1569.00 to 1576.00 region.
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 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear near 3261.00 to 3270.00 and 3319.00 to 3328.00
Support should appear near 3213 to 3194 and 3157.00 to 3148.00
JUNE E-MINI NASDAQ 100
Support should appear near 2758.00 and 2742.00. Below that buyers should appear near
2724.00 to 2516.00. BW Traders can buy at 2727.00 and risk a close under 2715.00 for three days in
a row.
Resistance should appear near 2775.00 then 2791.00 and 2820.00 to 2829.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 942.90 to 944.50 and 952.60 to 954.20.
Support should appear near 934.70 to 931.60. Below that buyers should appear near 923.70 and the 915.60 to 914.00 region. BW Traders can buy at 915.90 and hold for higher prices.
JUNE 30 YR BOND
Resistance should appear near 144-07 and 144-21
Support should appear near 143-07 and 142-21
JUNE 10 YR NOTE
Resistance should appear near 131-21 and 132-07
Support should appear near 130-21 and 130-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8314, a close over is friendly and augurs for a test of the 8391 to 8406 region.
Support should appear near 8267 and 8223 to 8194
JUNE JAPANESE YEN
Resistance should appear near the 10580 to 10630 region.
Support should appear near 10470 and the 10360 to 10320 region. A close under is negative and augurs for a test of 10237 and 10185. BW Traders should go short if a close under 10317 occurs. .
JUNE EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region.
Resistance should appear near 12965 and the 13040 to 13100 region.
JUNE SWISS FRANC
Resistance should appear near 10580 then 10630 and 10680.
Support should appear near 10525 and 10470.
BW Traders should go short if a close under 10467 occurs.
JUNE BRITISH POUND
Support should appear near 15127 and the 14960 to14840 region.
Resistance should appear near resistance should appear the 15290 to 15350 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9779 and the 9821 to 9837 and 9879 region.
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 9737 to 9706 and the 9641 to 9625 region.
JUNE AUSSIE DOLLAR
Resistance should appear near 10415 and 10470
Support should appear near 10320 and 10237
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1628.0 and 1642 to 1655
Support is near 1609 and 1592.
MAY COPPER
Resistance should appear near 34430 and 34930 to 35030.
Support should appear near 33860 to 33770 and 33280 to 33190
MAY SILVER
Resistance should appear near 2928 to 2937 and the 2972 to 2990 region.
Support is at 2883 to 2874 and 2829 to 2820.
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 9316 to 9347
Support should appear near 9237 and 9156 to 9140
MAY HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear near 29720 to 29900 and 30360 to 30450
APRIL UNLEADED GAS
Support should appear near 30450 to 30360.
Resistance should appear 31480 to 31570
MAY NATURAL GAS
Resistance should appear at 4046 to 4056 and 4110 to 4120
Support should appear near 3929 to 3909 and 3867 to 3858
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1437 then 1421 to 1415 and 1383 to 1374
Resistance should appear near 1453 to 1459 and 1471 ½
MAY SOYOIL
Resistance should appear near 5056 to 5067 and 5127 to 5139
Support should appear near 4995 to 4973 and 4926 to 4915
MAY SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.5
Support should appear near 418.3 to 416.3 and 405.6 to 404.6
MAY CORN
Support should appear 725 ½ to 724 ¼ and 717 ½ to 714 ¼
Resistance should appear near 748 ¾ to 751 ¾ and 758 ¾ to 760 ¾
MAY WHEAT
Resistance should appear near 741 ½ to 742 ¾ and 759 ¾ to 760 ¼
Support should appear near 717 to 714 ¾ and 708 ½ to 707 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12320 to 12380
JUNE HOGS
Support should appear near 8777 to 8752
Resistance should appear near 9037 to 9062.
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 13100 to 13040
Resistance should appear near 13770 to 13830
MAY COCOA
Resistance should appear near 2170 to 2185 and 2219 to 2226
Support should appear near 2126 to 2134 and 2089 to 2080
MAY SUGAR
Resistance is near 1858 to 1865
Support should appear near 1780 to 1774
MAY COTTON
Support should appear near 8683 to 8668 and 8589 to 8560
Resistance is near 9044 to 9060 and 9140 to 9156
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 March 21, 2013
7:00 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 March 22, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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