Morning Investment and Day Trading Comments Wednesday November 20, 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
We can easily forgive a child who is afraid of the dark.
The real tragedy of life is when men are afraid of the light
–Plato–
Tuesday November 19 2013
3:30 PM South Florida Beach Time
Traders should stay nimble and tune in for Day Trades, BW flashes and Updates for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,925.00 and the 15,760.00 to 15,690.00 region.
Resistance is near the 16,090.00 to 16,150.00, a close or extended trade over is friendly and augurs for a test of 16,420.00 to 16,550.00.
DEC E-MINI SP500
Resistance should appear near 1792.00 and the 1808.00 to 1822.00 region
Support should appear near 1780.00 to 1774.00 region.
NASDAQ COMPOSITE
Resistance remains should and appear near 3955.00 and 3982.00 to 3992.00.
Support should appear near the 3929.00 to 3909.00 region.
DEC E-MINI NASDAQ 100
Support should appear near 3352.50 and the 3328.00 to 3319.00 region
Resistance should appear near 3377.00 to 3386.00, a close over augurs for a test of the 3425.00 to 3443.00 region.
DEC E-MINI RUSSELL 2000
Resistance should appear at 1101.00, a close over is friendly and augurs an eventual test of the 1130.00 to 1136.00 region.
Support should appear near 1096.00 and 1082.00
BW Traders should go long if a close over 1115.60 occurs and stay tuned for Index Flashes.
DEC 30 YR BOND
Resistance should appear near 133-07 and 133-21
Support should appear near 132-07 and 131-21
DEC 10 YR NOTE
Resistance should appear near 127-21 and 128-07.
Support should appear near 126-21 and 126-07.
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029.
DEC JAPANESE YEN
Resistance should appear near 10021 to 10037
Support should appear near 9937 to 9921
DEC EURO CURRENCY
Support should appear near 13460 to 13400 and 13340.
Resistance should appear near 13615. BW Traders can sell at 13612 and risk 50 points.
Beyond that sellers should appear near 13770 to 13830
DEC SWISS FRANC
Resistance should appear near 11010 then 11087 and 11155
Support is near 10960 and 10890
DEC BRITISH POUND
Support should appear near the 16090 and 15927.
Resistance should appear near 16150, beyond that a test of 16237 is likely.
DEC CANADIAN DOLLAR
Resistance should appear near 9547 then 9583 and the 9625 to 9641 region.
Support should appear near 9526 then 9486 and the 9445 to 9429 region.
DEC AUSSIE DOLLAR
Support should appear near 9388 then 9347 to 9316 and 9237.
Resistance should appear near 9429 to 9445 and the 9526 to 9547 region.
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1289 and the 1304.0 to 1310.0 region.
Support is near the 1274.0 to 1268.0 region. Below that buyers should appear near 1238.0 to 1232.0
MARCH COPPER
Resistance should appear near 31940 to 32130 and 32610 to 32700.
Support should appear near 31570 to 31480 and the 31020 to 30920 region.
MARCH SILVER
Support should appear near 2034. Below that buyers should appear near 1996 to 1982
Resistance is at 2080 to 2089.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 9429 to 9445 and 9526 to 9542
Support should appear near 9347 to 9316. Under that a test of 9156 to 9140 is likely.
JANUARY HEATING OIL
Support should appear near should appear near 28830 to 28740 and the 28290 to 28200 region.
Resistance should appear 29280 to 29370 and the 29720 to 29900 region.
BW Traders can sell at 29710 and risk a close over 29910 for three days in a row.
JANUARY UNLEADED GAS
Support should appear near the 26120 then 25680 to 25620
Resistance should appear near 26630 to 26720, beyond that sellers should appear near 27160 to 27240
JANUARY NATURAL GAS
Resistance should appear at 3734 to 3743 and 3795 to 3806
Support should appear near 3563 to 3553 and the 3503 to 3493 region.
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1274 to 1268
Resistance should appear near 1304 to 1310
MARCH SOYOIL
Resistance should appear near 4163 to 4183.
Support should appear near 4056 to 4046 and 3992 to 3982.
MARCH SOYMEAL
Resistance should appear near 399.2 to 398.2 and 404.6 to 405.6
Support should appear near 392.9 to 390.9 and the 386.7 to 385.8 region.
MARCH CORN
Support should appear near and 418 ¼ to 416 ¼
Resistance should appear near 430 ½ to 431 ½
MARCH WHEAT
Resistance should appear near 665 ¾ to 667 ½
Support should appear near 635 to 633 ¾.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13237 and 13340.
DEC HOGS
Support should appear near 8407 to 8392
Resistance should appear near 8667 to 8682
FEB HOGS
Support should appear near 8957 to 8932 and the 8872 to 8857 region.
Resistance should appear near 9137 to 9157 and 9317 to 9347
APRIL HOGS
Support should appear near 9157 to 9142.
Resistance should appear near 9317 to 9347.
JUNE HOGS
Support should appear near 9737 to 9707
Resistance should appear near 9922 to 9937
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 10820 and 10680 to 10580.
Resistance should appear near 10960 to 11010, a close over is friendly and augurs for a test of
11300 to 11360.
MARCH COCOA
Resistance should appear near 2820 to 2829, beyond that a test of 2874 to 2883 is likely
Support should appear near 2775 to 2758 and 2724 to 2716, below that buyers should appear near 2672 to 2663. BW Traders can buy at 2697 and hold for higher prices.
MARCH SUGAR
Resistance is near the 1808 to 1822 region.
Support should appear near 1738 to 1731
MARCH COTTON
Support should appear near the 7589 to 7560 region.
Resistance is at 7939 to 7954
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
Tuesday November 19, 2013 4:45 PM South Florida Beach Time
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