Apr 092013
 

FuturesCom  Morning Investment Comments  Wednesday April 10, 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 did not all come over on the same ship, but we are all in the same boat.”

Bernard Baruch

palm-tree 

Tuesday April 10, 2013

3:00 PM South Florida Beach Time

                                      THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,590.00 to 14,530.00 and 14,370.00
Resistance should appear near 14,715.00 and the 14,840.00 to 14,960.00 region.

JUNE E-MINI SP500
Resistance should appear the 1569.00 to 1576.00 region.

Support should appear 1552.00 and the 1535.00 to 1529.00 region.

NASDAQ COMPOSITE
Resistance should appear near the 3261.00 to 3270.00 region.
Support should appear near 3213.00 to 3194.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00.
Resistance should appear near 2820 to 2829.

 

 

 

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near the 931.60 to 934.70 region. Beyond that sellers should appear near 942.90 to 944.50.

Support should appear near 923.60 and the 915.60 to 914.00 region. Below that buyers should appear near 906.00 to 904.40. BW Traders can buy at 906.50 and risk a close under 904.90 for three days in a row.

JUNE 30 YR BOND
Resistance should appear near 147-21 and 148-07.
Support should appear near 146-21 and 146-07.
JUNE 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 132-07 and 131-21

                                            

 

                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near the 8223 to 8194 region.

JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136 and 10187.
Support should appear near 10037 to 10021 and 9937 to 9921

JUNE EURO CURRENCY
Support should appear near 13040 and 12890.
Resistance should appear near 13100 and 13155. Beyond that sellers should appear near 13220.
BW Traders can sell at 13217 and risk a close over 13267 for three days in a row.

JUNE SWISS FRANC
Resistance should appear near 10750 and 10817.
Support should appear near 10680 and 10630.

JUNE BRITISH POUND
Support should appear near 15290 and 15125.
Resistance should appear near resistance 15350 and 15525
JUNE CANADIAN DOLLAR
Resistance should appear near 9837. Beyond that sellers should appear near 9921 to 9937.
Support should appear near 9737 to 9706 and 9641 to 9425.

JUNE AUSSIE DOLLAR
Resistance should appear near 10470 and 10580
Support should appear near 10360 to 10320, a close under is negative and augurs for a test of the 10237 and eventually the 10136 to 10104 region.

 

            THE PRECIOUS METALS
JUNE GOLD

Resistance should appear near 1592 and the 1609 to 1615 region. BW Traders can sell at 1609 and risk a close over 1617 for three days in a row.
Support is near 1576 to 1569 and 1552.

JULY COPPER
Resistance should appear near 34930 to 35030.
Support should appear near 33880 to 33770

JULY SILVER
Resistance should appear near 2820 to 2829 and 2874 to 2883.
Support is at 2724 to 2716 and 2672 to 2663

 

 

THE EXCITING ENERGIES

JUNE CRUDE OIL
Support should appear near 9347 to 9316.

Resistance should appear near 9526 to 9542.

 

JUNE HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear near 29720 to 299 00 and 30360 to 30450.                    

JUNE UNLEADED GAS
Support should appear near 28830 to 28740
Resistance should appear 30360 to 30450
JUNE NATURAL GAS
Resistance should appear at 4304 to 4315 and 4425 to 4446

Support should appear near 4056 to 4046 and 3929 to 3909.
THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1346 to 1334 and 1310 to 1304.
Resistance should appear near 1377 to 1383 and 1399. BW Traders can sell at 1376 and risk a close over 1399 for three days in a row. Stay tuned for flashes.
JULY SOYOIL
Resistance should appear near 5056 to 5067
Support should appear near 4856 to 4845.

JULY SOYMEAL
Resistance should appear near 398.2 to 399.2 and 404.6 to 405.6.
Support should appear near 386.7 to 385.8 and the 368.2 to 366.3 region

 

JULY CORN
Support should appear 619 to 616 ½ and 603 ½ to 602 ¾
Resistance should appear near 633 ¾ to 635 and 641 ¾ to 643


JULY WHEAT

Resistance should appear near 724 ¼ to 725 1/2 and 732 ¾ to 734 ¼.
BW Traders can sell at 731 and risk a close over 743 for three days in a row.

Support should appear near 708 ¾ to 707 ½ and 700 ¾ to 699
.

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 8872 to 8857 and 8777 to 8762
Resistance should appear near 9037 to 9062 and the 9142 to 9162 region.

OCTOBER HOGS
Support should appear near 8047 to 8027.
Resistance should appear near 8300 to 8317
Stay tuned for Livestock flashes

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340 and 13100 to 13040
Resistance should appear near 14150 to 14210 and 14530 to 14590

JULY COCOA
Resistance should appear near the 2267 to 2275 region.

Support should appear near 2134 to 2126

JULY SUGAR
Resistance is near 1808 to 1822.

Support should appear near 1738 to 1731.

 

JULY COTTON
Support should appear near 8589 to 8560 and 8499 to 8484.
Resistance is near 8762 to 8777 and 8856 to 8871
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
Tuesday April 09, 2013
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  Wednesday April 10, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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