Nov 202013
 

Morning Investment and Day Trading Comments Thursday November 21, 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 November 20 2013
4:00 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 the 15,760.00 to 15,690.00 region.
Resistance is near 15,925.00 and 16,090.00 to 16,150.00.

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 and 1765.00.

 

 

NASDAQ COMPOSITE

Resistance remains should and appear near 3929.00 then3955.00 and 3982.00 to 3992.00.
Support should appear near 3909.00 and 3888.00

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 and 3405..50 , a close over augurs for a test of the 3425.00 to 3443.00 region.  BW Traders should go long if a close over 3407 occurs.

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 1101.50 occurs and stay tuned for Index Flashes.

DEC 30 YR BOND

Resistance should appear near 131-07 and 131-21
Support should appear near 130-07 and 129-07


DEC 10 YR NOTE

Resistance should appear near 126-21 and 127-07

Support should appear near 125-21 and 125-07

                                                 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 13400 to13340
Resistance should appear near 13460 then 13537 and 13615.
BW Traders can sell at 13612 and risk 50 points.

DEC SWISS FRANC

Resistance should appear near 10960 to 11010

Support is near 10890 and 10820

 

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 9583 and the 9625 to 9641 region.

Support should appear near 9542 to 9526 then 9486 and the 9445 to 9429 region.

DEC AUSSIE DOLLAR

Support should appear near 9237 and 9156 to 9140
Resistance should appear near 9347 and 9429 to 9445

                                                       THE PRECIOUS METALS

FEBRUARYGOLD

Resistance should appear near 1268 to 1274

Support is near the 1238.0 to 1232.0 region

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 1909 to 1902

Resistance is at 2034 to 2042.                                                                                 

        

                                            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 29370 to 29280 and 28830 to 28740.

Resistance should appear 29720 to 29900 and 30360 to 30450. 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 26200 to 26120 and 25680 to 25620

Resistance should appear near 26630 to 26720 and 27160 to 27240

 

JANUARY NATURAL GAS

Resistance should appear at 3734 to 3743 and 3795 to 3806

Support should appear near 3682 to 3663 and 3563 to 3553.

 

 

                                                          THE GRANDE’ GRAINS

JAN SOYBEANS

Support should appear near 1238 to 1232

Resistance should appear near 1289 and 1304 to 1310

MARCH SOYOIL
Resistance should appear near 4163 to 4183 and 4238 to 4249
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 8592 to 8562 and 8502 to 8482

Resistance should appear near 8667 to 8682 and 8762 to 8777

FEB HOGS
Support should appear near 9062 to 9037 and 8957 to 8932

Resistance should appear near 9137 to 9157 then 9237 and 9317 to 9347

 

APRIL HOGS

Support should appear near 9347 to 9317 and 9237.
Resistance should appear near 9427 to 9442 and 9527 to 9542


JUNE HOGS

Support should appear near 9937 to 9922 and 9837 to 9822

Resistance should appear near 10022 to 10037 and 10102 to 10137                                         

                                                        THE SATISFYING SOFTS

MARCH COFFEE

Support should appear near 11010 to 10960 and 10820.

Resistance should appear near 11300 to 11360.

 

MARCH COCOA

Resistance should appear near 2820 to 2829

Support should appear near 2775 to 2758.

MARCH SUGAR

Resistance is near the 1774 to 1780.
Support should appear near 1738 to 1731

 

MARCH COTTON

Support should appear near the 7777 to 77623 and 7689 to 7675
Resistance is at 7939 to 7954 and 8029 to 8044

 

                                       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 November 20, 2013  5:10 PM South Florida Beach Time
Terms of Use and Agreement   https://www.futurescom.com/policies.html

 

 

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.

Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2013 All Rights Reserved

Sorry, the comment form is closed at this time.