FuturesCom Morning Investment Comments Thursday April 18, 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
Wednesday April 17, 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 below that a test of 14,370.00 is likely. .
Resistance should appear near 14,715 and the 14,840.00 to 14,960.00 region
JUNE E-MINI SP500
Resistance should appear 1552.00 and the1569.00 to 1576.00 region.
Support should appear near 1535.00 to 1529.00 and 1512.50
NASDAQ COMPOSITE
Resistance should appear near 3213.00 and 3261.00 to 3270.00
Support should appear near 3194 and the 3157.00 to 3148.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00 and the 2724.00 to 2716.00 region
Resistance should appear near 2797.50 and 2820.00 to 2829.00 Beyond that sellers should appear near 2874.00 to 2883.00. BW Traders can sell at 2873 and risk 30 points.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 904.40 to 906.00 and 914.00 to 915.60
Support should appear near 896.40 to 893.40 and the 887.10 to 885.60 region.
JUNE 30 YR BOND
Resistance should appear near 148-21 and 149-07
Support should appear near 147-21 and 147-07
JUNE 10 YR NOTE
Resistance should appear near 133-21 and 134-07
Support should appear near 132-07 and 131-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8300 to 8314
Support should appear near 8223 to 8194
JUNE JAPANESE YEN
Resistance should appear near 10320 to 10360
Support should appear near 10237 and 10136 to 10104
JUNE EURO CURRENCY
Support should appear near 12965 and 12890. Below that a test of 12740 to 12680 is likely.
Resistance should appear near 13040 to 13100 and 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 10815
Support should appear near 10680 to 10630 and 10580
JUNE BRITISH POUND
Support should appear near 15125 and the 14960 to 14890 region
Resistance should appear near resistance 15290 to 15350
JUNE CANADIAN DOLLAR
Resistance should appear near 9737 and 9779.
Support should appear near 9641 to 9625
JUNE AUSSIE DOLLAR
Resistance should appear near 10320 to 10360
Support should appear near 10237 and 10185
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1377 to 1383 then 1399 and 1415 to 1421
Support is near 1361.50 and the 1346 to 1334 region.
JULY COPPER
Resistance should appear near 31940 to 32130 and 32610 to 32700
Support should appear near 31570 to 31480 and 31020 to 30920
JULY SILVER
Resistance should appear near 2354 to 2370 and 2461 to 2469
Support is at 2275 to 2267 and 2185 to 2170
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 8856 to 8871
Support should appear near 8589 to 8560.
JUNE HEATING OIL
Support should appear near 27240 to 27160.
Resistance should appear near 28740 to 28830
JUNE UNLEADED GAS
Support should appear near 27160 and 26720 to 26630
Resistance should appear 28200 to 28290
JUNE NATURAL GAS
Resistance should appear at 4304 to 4315
Support should appear near 4056 to 4046.
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1377 and 1361 ½
Resistance should appear near 1383 and 1399.
JULY SOYOIL
Resistance should appear near 4973 to 4995
Support should appear near 4785 to 4775
JULY SOYMEAL
Resistance should appear near 404.6 to 405.6.
Support should appear near 386.7 to 385.8
JULY CORN
Support should appear 635 to 633 ¾ and 619 to 616 ½
Resistance should appear near 648 ¾ to 650 ¾ and 665 ¾ to 667 ¾
JULY WHEAT
Resistance should appear near 714 ¾ to 717 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 691 ¾ to 690 ¾ and 683 ¾ to 680 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 8967 to 8937 and 8872 to 8857
Resistance should appear near 9042 to 9057 and 9142 to 9162
OCTOBER HOGS
Support should appear near 7867 to 7862
Resistance should appear near 8117 to 8132
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340 and 13100 to 13040
Resistance should appear near 13770 to 13830 and 14150 to 14210
JULY COCOA
Resistance should appear near 2315 to 2322 and 2354 to 2370
Support should appear near 2226 to 2219 and 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 8668 to 8683 and 8762 to 8777
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
Wednesday April 17, 2013
6:15 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 Thursday April 18, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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