Aug 072013
 

FuturesCom  Morning Investment Comments  Thursday August 8, 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 

Wednesday August 7, 2013

7:30 PM South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

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

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


SEPT E-MINI SP500

Resistance should appear near 1696 and 1713.50.
Support should appear near 1680.50 then 1672.00 and the 1655 to 1642 region.
BW Traders can buy at 1657 and hold for higher prices.

 

NASDAQ COMPOSITE

Resistance should appear near 3734.00 to 3743.00
Support should appear near 3623.00 to 3613.00

 

SEPT E-MINI NASDAQ 100

Support should appear near 3102.00 to 3092.00.

Resistance should appear near 3148.00 to 3157.00.

SEPT E-MINI RUSSELL 2000

Resistance should appear at 1058.00 to 1068.00.

Support should appear near 1036.00 to 1032.00.

SEPT 30 YR BOND

Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 131-21

 

SEPT 10 YR NOTE

Resistance should appear near 127-07 and 127-21

Support should appear near 126-07 and 125-21


THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 8194 to 8223

Support should appear near 8134 to 8119

SEPT JAPANESE YEN

Resistance should appear near 10360 and 10415
Support should appear near 10320 and 10237

 

 

 

 

SEPT EURO CURRENCY

Support should appear near 13220 and 13160
Resistance should appear near 13340 to 13460

 

SEPT SWISS FRANC

Resistance should appear near 10960 to 11010.

Support should appear near 10680 to 10580.

 

SEPT BRITISH POUND

Support should appear near 15350 to15290

Resistance should appear near 15525 and 15690 to 15760


SEPT CANADIAN DOLLAR

Resistance should appear near 9625 to 9641

Support should appear near 9526 to 9542

SEPTEMBER AUSSIE DOLLAR

Support should appear near 8964 to 8934.
Resistance should appear near 9044 to 9060. BW Traders can sell at 9037 and
risk a close over 9067 for three days in a row.

 

                                          THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1289 then1304 to 1310 and 1322

Support is near 1274 to 1268 and 1238.00 to 1232.00


SEPT COPPER
Resistance should appear near 31940 to 32130.

Support should appear near 31020 to 30920.

 

 

 

SEPT SILVER

Resistance should appear near 1982 to 1996.

Support is at 1953 to 1946 then 1927 and 1909 to 1902.                                                                   

                  

                                                        THE EXCITING ENERGIES

SEPT CRUDE OIL

Resistance should appear near 10580 to 10680

Support should appear near 10360 to 10320
SEPT HEATING OIL

Support should appear near should appear near 29370 to 29280
Resistance should appear 30360 to 30450

 

SEPT UNLEADED GAS

Support should appear near 28200 to 28290

Resistance should appear near 29280 to 29370

SEPT NATURAL GAS

Resistance should appear at 3319 to 3328

Support should appear near 3213 to 3194

                           

                                                    THE GRANDE’ GRAINS

SEPT SOYBEANS

Support should appear near 1169 to 1164

Resistance should appear near 1232 to 1238

 

NOV SOYBEANS

Support should appear near 1136 to 1130

Resistance should appear near 1192 to 1203

 

DEC SOYOIL
Resistance should appear near 4304 to 4315
Support should appear near 4183 to 4163


DEC SOYMEAL

Resistance should appear near 355.3 to 356.3

Support should appear near 338.8 to 337.7


SEPT CORN

Support should appear near 458 ¼ to 457 ¼
Resistance should appear near 477 ½ to 478 ½


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 and 674 ¼ to 675 ½
Support should appear near 635 to 633 ¾ and 627 to 625 ¾  


DEC WHEAT

Resistance should appear near 674 ¼ to 675 ½ and 680 ¾ to 683 ¾

Support should appear near 650 ¾ to 648 ¾ and 643 to 641 3/4

 

                                                           THE LIVELY LIVESTOCK

OCT CATTLE

Support should appear near 12680 and 12530
Resistance should appear near 12740

 

 

 

OCT HOGS
Support should appear near 8502 to 8482.
Resistance should appear near 8762 to 8782 BW Traders can sell at 8762, risk a close over 8782 for three days in a row.

 

DEC HOGS         

Support should appear near 8222 to 8192 and 8132 to 8117

Resistance should appear near 8300 to 8317 and 8392 to 8407
                                                            THE SATISFYING SOFTS

SEPT COFFEE

Support should appear near 12030 to 11920
Resistance should appear near 12680 to 12740

 

SEPT COCOA

Resistance should appear near 2461 to 2469 and 2511 to 2519

Support should appear near 2419 to 2411 and 2370 to 2354

OCT SUGAR

Resistance is near the 1689 to 1696 and 1713
Support should appear near 1672 and 1655 to 1642.

DEC COTTON

Support should appear near 9044 to 9060 and 9140 to 9156
Resistance is 8777 to 8762 and 8683 to 8668
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 August 7, 2013 9:00 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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