Jul 112013
 

FuturesCom  Morning Investment Comments  Friday July 12, 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  Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

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Thursday July 11, 2013

2:00 PM South Florida Beach Time
Stay tuned for Flashes and Updates in all Markets

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 15,350.00 to 15,290.00.

Resistance should appear near 15,520.00 and the 15,690.00 to 15,760.00 region

 

SEPTEMEBER E-MINI SP500

Resistance should appear near 1671.50 and the 1689.00 to 1696.00 region.

Support should appear near 1655 to 1642


NASDAQ COMPOSITE

Resistance should appear near the 3613.00 to 3623.00 and 3663.00 to 3682.00
Support should appear near 3563.00 to 3553.00 and 3503 to 3493

 

 

 

 

 

SEPTEMBER E-MINI NASDAQ 100

Support should appear near 3045.00 to 3036.00 and 2990 to 2972.00.

Resistance should appear near 3092.00 to 3102.00 and 3148.00 to 3157.00

SEPTEMBER E-MINI RUSSELL 2000

Resistance should appear at 1032.00 to 1036.00 then 1047.00 and 1058.00 to 1068.00

Support should appear near 1023.70 and 1013.60 to 1010.

 

SEPTEMBER 30 YR BOND

Resistance should appear near 135-07 and 135-21.
Support should appear near 133-21 and 133-07.

SEPTEMBER 10 YR NOTE

Resistance should appear near 127-07 and 127-21.

Support should appear near 125-21 and 124-07.

 

 

                        THE FRENZIED FOREX FRONT

 

SEPT DOLLAR INDEX

Resistance should appear near 8300 to 8314

Support should appear near 8223 to 8194.

SEPT JAPANESE YEN

Resistance should appear near 10237. Beyond that sellers should appear near 10320 to 10360 should cap a rally. BW Traders can sell at 10317 for a quick trade and risk a close over 10367 for three days in a row.

Support should appear near 10037 to 10021. Below that buyers should appear near 9937 to 9921.


SEPT EURO CURRENCY

Support should appear near 13040 and 12967
Resistance should appear near 13220 and 13340 to 13460

.

SEPT SWISS FRANC

Resistance should appear near 10580 to 10680 and 10815

Support should appear near 10470 and 10360 to 10320 region

 

SEPT BRITISH POUND

Support should appear near 15125 and the 14960 to 14840 region

Resistance should appear near 15290 to 15350

 

 

 

 

 

 

 

 

 

SEPT CANADIAN DOLLAR

Resistance should appear near the 9625 to 9641 region. Beyond that sellers should appear near 9706 to 9737. BW Traders can sell at 9703 and risk a close over 9747 for three days in a row.

Support should appear near 9542 to 9526 and 9445 to 9439 .

SEPTEMBER AUSSIE DOLLAR

Support should appear near 9060 to 9044
Resistance should appear near 9140 to 9156 then 9237 and the 9316 to 9347 region.         

 

                             

                                                         THE PRECIOUS METALS

 

AUGUST GOLD

Resistance should appear near 1304.00 to 1310.00 and the 1334 to 1346 region.

Support is near 1274 to 1268 and the 1238 to 1232 region

SEPTEMBER COPPER
Resistance should appear near the 32610 to 32700 region.

Support should appear near 31570 to 31480 and 31020 to 30920

 

SEPTEMBER SILVER

Resistance should appear near 2034 to 2042 and 2080 to 2089

Support is at 1996 to 1982 and 1953 to 1946

 

                                              

                                                   THE EXCITING ENERGIES


SEPT CRUDE OIL

Resistance should appear near 10470 and 10580 to 10680

Support should appear near 10360 to 10320 and 10136 to 10104

AUGUST HEATING OIL

Support should appear near should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear 30360 to 30450 and 30920 to 31020
AUGUST UNLEADED GAS

Support should appear near 30360 and 29900 to 29720

Resistance should appear near 30920 to 31020 and 31940 to 32130

AUGUST NATURAL GAS

Resistance should appear at 3734 to 3743

Support should appear near 3563 to 3553

                                   

 

 

 

 

                                                       THE GRANDE’ GRAINS

 

AUGUST SOYBEANS

Support remains near 1459 to 1453, below that a test of 1421 to 1415 is likely

Resistance should appear near 1484 to 1496 and 1529 to 1535

 

NOVEMBER SOYBEANS

Support should appear near 1274 to 1268 and 1253

Resistance should appear near 1304 to 1310


AUGUST SOYOIL

Resistance should appear near 4775 to 4785
Support should appear near 4582 to 4571


AUGUST SOYMEAL

Resistance should appear near 463.9 to 465.0 and 477.5 to 478.5

Support should appear near 444.6 to 442.5 and 438.1 to 437.0

 

 

SEPT CORN

Support should appear 557 ¾ to 555 ¼ and 550 ½ to 549 ¾
Resistance should appear near 564 to 565 ¼  and 571 ¾ to 572 ¾


DEC CORN

Support should appear near 513 ¾ to 512 ¾ and 506 ¾ to 505 ¾

Resistance should appear near 534 ½ to 535 ¾ and 555 ¼ to 557 ¾


SEPT WHEAT

Resistance should appear near 690 ¾ to 691 ¾ and 707 ½ to 708 ¾

Support should appear near 675 ½ to 674 ¾ and 667 ¼ to 665 ¾

THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 12172 and the 12030 to 11920 region.
BW Traders can buy at 12037 and risk a close under 11917 for three days in a row

Resistance should appear near the 12320 to 12380 region. BW Traders should go long if a close over 12387 occurs

 

OCTOBER CATTLE

Support should appear near 12537 and 12447.
Resistance should appear near the 12680 to 12740.

 

AUGUST HOGS

Support should appear near 9447 to 9427
Resistance should appear near 9622 to 9642

 

OCTOBER HOGS
Support should appear near the 8317 to 8302 region
Resistance should appear near 8482 to 8502

         

 

                       THE SATISFYING SOFTS

 

 

SEPT COFFEE

Support should appear near 12030 to 11920
Resistance should appear near 12680 to 12740. BW Traders can sell at 12675 and risk a close over 12775 for three days in a row.


SEPT COCOA

Resistance should appear near 2315 to 2322

Support should appear near 2226 to 2219


OCT SUGAR

Resistance is near 1642 to 1655
Support should appear near 1576 to 1569

DEC COTTON

Support should appear near 8406 to 8391 and 8314 to 8300
Resistance is 8560 to 8589 and 8668 to 8683

 

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 July 11, 2013

3:15 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.

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