Apr 292013
 

FuturesCom  Morning Investment Comments  Tuesday April 30, 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

Monday April 29, 2013

1:00 PM South Florida Beach Time

palm-tree

                                    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 the 1609.00 to 1615.00 region.

Support should appear near 1576.00 to 1569.00.

NASDAQ COMPOSITE
Resistance should appear near the 3319.00 to 3328.00 and 3377 to 3386.00
Support should appear near the 3270 to 3261 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2851 and the 2829 to 2820 region.
Resistance should appear near the 2874.00 to 2883.00 and 2928.00 to 2937.00
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 952.60 to 954.20
Support should appear near 934.70 to 931.60 and 923.70.

JUNE 30 YR BOND
Resistance should appear near 149-07 and 149-21
Support should appear near 148-07 and 147-21.
JUNE 10 YR NOTE
Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 132-21

                                           

                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8300 to 8313.
Support should appear near the 8223 to 8194 region

JUNE JAPANESE YEN
Resistance should appear near 10237 and the 10320 to 10360 region. BW Traders can sell at 10312, risk a close over 10367 for three days in a row.
Support should appear near 10136 to 10104 and 10037 to 10021.

JUNE EURO CURRENCY
Support should appear near 13040 then 12890 and 12740 to 12680
Resistance should appear near 13100 then 13160 and 13220
.   

JUNE SWISS FRANC
Resistance should appear near 10722 and 10750
Support should appear near 10630 and 10580

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 9879 and 9921 to 9937
Support should appear near 9837 to 9821 and 9779.

JUNE AUSSIE DOLLAR
Resistance should appear near the 10320 to 10360 region.
Support should appear near 10235 and 10185.

 

 

 

            THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1471.5 and the 1484.0 to 1496.0 region
Support is near 1459 to 1453 and 1437.

JULY COPPER
Resistance should appear near 32610 to 32700 and the 33190 to 33280 region. 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 2370 to 2354 and the 2322 to 2315 region

THE EXCITING ENERGIES

JUNE CRUDE OIL
Resistance should appear near 9526 to 9542 and 9706 to 9737

Support should appear near 9347 to 9316 and the 9156 to 9140 region.

 

JUNE HEATING OIL
Support should appear near 28290 to 28200
Resistance should appear near 29280 to 29370
JUNE UNLEADED GAS
Support should appear near the 27750 to 27580 region.

Resistance should appear the 28740 to 28830 region

JUNE NATURAL GAS
Resistance should appear at 4425 to 4446 and 4503 to 4514
Support should appear near 4315 to 4304 and 4183 to 4163
THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1399 and 1383 to 1377.
Resistance should appear near 1415 to 1421 and 1437
JULY SOYOIL
Resistance should appear near 4973 to 4995 and the 5056 to 5067 region
Support should appear near 4926 to 4915 and the 4856 to 4845 region.

JULY SOYMEAL
Resistance should appear near 416.3 to 418.3 and 423.8 to 424.9
Support should appear near 399.2 to 398.2 and 392.9 to 390.9

JULY CORN
Support should appear 643 to 641 ¼ and 635 to 633 ¾
Resistance should appear near 665 ¾ to 667 ¼ and 674 ¼ to 675 ½  


JULY WHEAT

Resistance should appear near 714 ¼ to 717 then 724 ¼ to 725 ½ and the 732 ¾ to 734 ¼ region.
BW Traders can sell at 731 and risk a close over 743 for three days in a row

Support should appear near 700 ¼ to 699 and 691 ¾ to 690 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 the 9157 to 9142 region.
Resistance should appear near the 9312 to 9347 region

OCTOBER HOGS
Support should appear near 8137 to 8117 and the 8047 to 8027 region.
Resistance should appear near 8192 to 8222 and the 8300 to 8317 region

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13100 to 13040
Resistance should appear near 13770 to 13830.

JULY COCOA
Resistance should appear near 2354 to 2370 and 2411 to 2419

Support should appear near 2322 to 2315 and 2275 to 2267

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 8499 to 8484 and 8406 to 8391
Resistance is near 8668 to 8683 and 8762 to 8777

–A Ship in Harbor is Safe…But that is not what ships are built for –

Happy Trading!
Bill
wil@futurescom.com
Monday April 29, 2013
2:50 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  Tuesday April 30, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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