FuturesCom Morning Investment Comments Friday April 26, 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
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–” – Reminiscences of a Stock operator. –
Thursday April 25, 2013
12:00 Noon South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 14,590.00 to 14,530.00 region.
Resistance remains near the 14,840.00 to 14.960.00 region.
JUNE E-MINI SP500
Resistance should appear near 1591.50 and the 1609.00 to 1615.00 region.
Support should appear near 1576.00 to 1569.00 and 1552.00
NASDAQ COMPOSITE
Resistance should appear near the 3319.00 to 3328.00 region
Support should appear near the 3270 to 3261 region.
JUNE E-MINI NASDAQ 100
Support should appear near 2829 to 2820 and 2797
Resistance 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 942.90 to 944.50 and 95260 to 954.20
Support should appear near 934.70 to 931.60 and the 915.60 to 914.00 region.
JUNE 30 YR BOND
Resistance should appear near 148-07 and 148-21
Support should appear near 147-07 and 146-21.
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 8300 to 8313 and the 8391 to 8406 region.
Support should appear near 8262 and the 8223 to 8194 region
JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136 then 10185 and 10237.
Support should appear near 10037 to 10021 and the 9937 to 9921 region.
JUNE EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region
Resistance should appear near 13040 to 13100.
JUNE SWISS FRANC
Resistance should appear near 10580 to 10630 and 10680
Support should appear near 10470 and the 10360 to 10320 region
JUNE BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near resistance should appear near 15525 and 15690
JUNE CANADIAN DOLLAR
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706
JUNE AUSSIE DOLLAR
Resistance should appear near the 10320 to 10360 region.
BW Traders can sell at 10317 and hold for lower prices
Support should appear near 10235 and 10185.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near the 1484.0 to 1496.0 region and cap a rally. BW Traders can sell at 1483.00 and risk a close over 1497 for three days in a row.
Support is near 1459 to 1453 and 1421.0 to 1415.0
JULY COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33280.
BW Traders can sell at 33100 and hold for lower prices. Above that 33770 to 33860 should cap a rally.
Support should appear near 32130 to 31940 and the 31570 to 31480 region.
JULY SILVER
Resistance should appear near 2461 to 2469 and the 2511 to 2519 region.
BW Traders can sell at 2509 and hold for lower prices.
Support is at 2419 to 2411 then 2370 to 2354 and the 2322 to 2315 region
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 9429 to 9445 and 9706 to 9737
Support should appear near 9316 and 9156 to 9140
JUNE HEATING OIL
Support should appear near 28740 and 28290 to 28200
Resistance should appear near 29280 to 29370
JUNE UNLEADED GAS
Support should appear near 27750 to 27580 and 27240 to 27160
Resistance should appear 28200 to 28290 and the 28740 to 28830 region
JUNE NATURAL GAS
Resistance should appear at 4304 to 4316 and 4425 to 4446
Support should appear near 4183 to 4163 and 4120 to 4110
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1346 to 1334
Resistance should appear near 1377 to 1383 and 1399
JULY SOYOIL
Resistance should appear near 4973 to 4995
Support should appear near 4856 to 4845
JULY SOYMEAL
Resistance should appear near 404.6 to 405.6.and 411.0 to 412.0
Support should appear near 392.9 to 390.9 and 386.7 to 385.8
JULY CORN
Support should appear 611 ¼ to 610 ¼ and 603 ½ to 602 ¼
Resistance should appear near 625 ¾ to 627 and 633 ¾ to 635
JULY WHEAT
Resistance should appear near 707 ½ to 708 ¾ and 714 ¼ to 717
Support should appear near 691 ¾ to 690 ¾ and 683 ¾ to 680 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12177 and 12030 to 11920
Resistance should appear near 12320 to 12380
JUNE HOGS
Support should appear near 9062 to 9042
Resistance should appear near 9232 and the 9312 to 9347 region
OCTOBER HOGS
Support should appear near 8047 to 8027
Resistance should appear near 8192 to 8222.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340
Resistance should appear near 14150 to 14210.
JULY COCOA
Resistance should appear near 2411 to 2419
Support should appear near 2322 to 2315.
JULY SUGAR
Resistance is near 1774 to 1780 and the 1808 to 1822 region
Support should appear near 1738 to 1731 and the 1696 to 1689 region.
JULY COTTON
Support should appear near 8314 to 8300 and 8223 to 8194
Resistance is near 8391 to 8406 and 8484 to 8499
–A Ship in Harbor is Safe…But that is not what ships are built for –
Happy Trading!
Bill wil@futurescom.com
Thursday April 25, 2013
2:40 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 April 26, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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