Aug 012013
 

FuturesCom  Morning Investment Comments  Friday August 2, 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 

Thursday August 1, 2013

4:00 PM South Florida Beach Time

                               THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 15,520.00 and 15,350.00 to 15,290.00.

Resistance should appear near the 15,690.00 to 15,760.00 region.


SEPTEMBER E-MINI SP500

Resistance should appear near the 1713.50 and 1731.00 to 1738.00 region.
Support should appear near 1696.00 to 1689.00.

 

 

 

 

 

NASDAQ COMPOSITE

Resistance should appear near the 3734.00 to 3743.00
Support should appear near 3663.00 and 3623.00 to 3613.00.

SEPTEMBER E-MINI NASDAQ 100

Support should appear near 3102.00 to 3092.00

Resistance should appear near 3148.00 to 3157.00

SEPTEMBER E-MINI RUSSELL 2000

Resistance should appear at 1058.00 to 1068.00

Support should appear near 1036.00 to 1032.00

SEPTEMBER 30 YR BOND

Resistance should appear near 133-07 and 133-21
Support should appear near 131-21 and 131-07

 

SEPTEMBER 10 YR NOTE

Resistance should appear near 126-07 and 126-21

Support should appear near 124-07 and 123-21


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 10104 to 10136

Support should appear near 9937 to 9921

 

SEPT EURO CURRENCY

Support should appear near 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460

 

SEPT SWISS FRANC

Resistance should appear near 10750 then 10820 and 10960 to 11010.

Support should appear near 10680 to 10580.

 

SEPT BRITISH POUND

Support should appear near 14980 to 14840

Resistance should appear near 15125 and 15290 to 15350


SEPT CANADIAN DOLLAR

Resistance should appear near 9706 to 9737

Support should appear near 9641 to 9625 and 9526 to 9542

SEPTEMBER AUSSIE DOLLAR

Support should appear near 8871 to 8856 and 8777 to 8762
Resistance should appear near 8934 to 8964 and 9044 to 9060.

 

                                          THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1334 to 1346 and 1361.5

Support is near 1310 to 1304 and 1274 to 1268


SEPTEMBER COPPER
Resistance should appear near 31940 to 32130.

Support should appear near 31020 to 30920.


SEPTEMBER SILVER

Resistance should appear near 1989 to 1996 and the 2034 to 2042 region.

Support is at the 1953 to 1946 region. Below that buyers should appear near 1909 to 1902 and the 1865 to 1858 region. BW Traders can buy at 1912 for a bounce and initially plan on risking a close under 1899 for three days in a row.                                                                  

                  

                                                        THE EXCITING ENERGIES

SEPTEMBER CRUDE OIL

Resistance should appear near 10960 to 11010

Support should appear near 10680 to 10580 and 10470
SEPT HEATING OIL

Support should appear near should appear near 30920 and 30450 to 30360.
Resistance should appear 31480 to 31570

 

SEPT UNLEADED GAS

Support should appear near 29900 to 29720 and 29370 to 29280.

Resistance should appear near 30380 to 30450 and 30920 to 31020

 

SEPT NATURAL GAS

Resistance should appear at 3425 to 3443 and 3553 to 3563

Support should appear near 3328 to 3319 and 3213 to 3194

                               

                                               THE GRANDE’ GRAINS

 

SEPTEMBER SOYBEANS

Support should appear near 1203 to 1192

Resistance should appear near 1268 to 1274


NOVEMBER SOYBEANS

Support should appear near 1169 to 1164

Resistance should appear near 1192 to 1203

DECEMBER SOYOIL
Resistance should appear near 4370 to 4381.
Support should appear near 4249 to 4238

 

 

DECEMBER SOYMEAL

Resistance should appear near 366.3 to 368.2

Support should appear near 344.3 to 342.5


SEPT CORN

Support should appear near 465 to 463 ¾
Resistance should appear near 505 ¾ to 506 ¾


DEC CORN

Support should appear near 458 ¾ to 457 ¼  and 451 ¼ to 450 ½

Resistance should appear near 469 ½ to 471 ¾ and 484 ½ to 485 ¾


SEPT WHEAT

Resistance should appear near 665 ¾ to 667 ¼
Support should appear near 650 ¾ to 648 ¾


DEC WHEAT

Resistance should appear near 680 ¾ to 683 ¾

Support should appear near 667 ¼ to 665 ¾.

 

                                                           THE LIVELY LIVESTOCK

OCTOBER CATTLE

Support should appear near 12380 to 12320.  BW Traders can buy at 12387 for a bounce, risk a close under 12317 for three days in a row.
Resistance should appear near 12532 and the 12680 to 12740 region.

 

OCTOBER HOGS
Support should appear near 8317 to 8302, below that a test of 8222 to 8192
and the 8138 to 8117 region is likely.
Resistance should appear near 8392 to 8407 and 8482 to 8507

 

 

 

DECMBER HOGS         

Support should appear near 8047 to 8027

Resistance should appear near 8117 to 8192.
          

                                                 THE SATISFYING SOFTS

SEPT COFFEE

Support should appear near 11360 to 11300
Resistance should appear near 11640 to 11690

 

SEPT COCOA

Resistance should appear near 2315 to 2322 and 2354 to 2370.

Support should appear near 2274 to 2267 and the 2226 to 2219 region.

OCT SUGAR

Resistance is near the 1731 to 1738 region.
BW Traders can sell at 1730 and hold for lower prices.
Support should appear near 1655 to 1642

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 August 1, 2013  5:50 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.

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