Dec 172013
 

Morning Investment and Day Trading Comments Wednesday December 18, 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

 

                                  THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 15,842.00 and the 15,760.00 to 15,690.00 region where buyers should contain declines.

Resistance is at 15,925.00 and the 16,090.00 to 16,150.00 region.

MARCH E-MINI SP500

Resistance should appear near 1774.00 to 1780.00.
Support should appear near 1756.00 and the 1738.00 to 1731.00 region.

 

 

NASDAQ COMPOSITE

Resistance remains appear near the 4046.00 to 4056.00 region.  Beyond that a test of 4110.00 to 4120.00 is likely.

Support should appear near 4017.00 and 3992.00 to 3982.00.

MARCH E-MINI NASDAQ 100

Support should appear near 3443.00 to 3425.00.

Resistance is at 3493.00 to 3503.00.     

 

MARCH E-MINI RUSSELL 2000

Resistance should appear at the 1130.00 to 1136.00 region.
Support should appear near 1101.00 to 1096.00


MARCH 30 YR BOND

Resistance should appear near 130-07 then 130-21 and 131-07
Support should appear near 129-21 then 129-07 and 128-21

MARCH 10 YR NOTE

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

Support should appear near 123-21 and 123-07.                   

 

                                                 THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8029 to 8044 and 8081.

Support should appear near 7991 and the 7954 to 7939 region.

MARCH JAPANESE YEN
Resistance should appear near 9779 and 9821 to 9837
Support should appear near 9737 to 9706 and 9673  

 

 

 

MARCH EURO CURRENCY

Support should appear near 13692 and 13615.
Resistance should appear near 13770 to 13830 and 13910


MARCH SWISS FRANC

Resistance should appear near 11330 to 11360 and 11430

Support is near 11300 then 11227 and 11155.

MARCH BRITISH POUND

Support should appear near 16222 and the 16150 to 16090 which should contain declines.

Resistance remains near 16287 and 16420 to 16550.

MARCH CANADIAN DOLLAR

Resistance should appear near 9429 to 9445 and 9478 beyond that sellers should appear near
9529 to 9542 and cap a rally.

Support should appear near 9347 to 9316 and 9237

MARCH AUSSIE DOLLAR

Support should appear near 8777 to 8762 and 8683 to 8668
Resistance should appear near 8856 to 8871 and 8934 to 8964    

 

                                                       THE PRECIOUS METALS

FEBRUARYGOLD

Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support remains near 1217.5 and 1203.0 to 1192.0.

MARCH COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860

Support should appear near 32700 to 32610 and 32130 to 31940. BW Traders can buy at 32170 and hold for higher prices.


MARCH SILVER

Support should appear near 1953 to 1946 and 1909 to 1902.

Resistance is at 2034 to 2042 and 2080 to 2089.                                                                                  

     

                                        THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Resistance should appear near 9821 to 9837 and 9921 to 9937

Support should appear near 9737 to 9706 and 9641 to 9625

 

FEBRUARY BRENT CRUDE OIL
Resistance
should appear near 10960 to 11010 and the 11300 to 11360 region.        

Support should appear near 10820 and 10680 to 10580.

 

FEBRUARY 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.

FEBRUARY UNLEADED GAS

Support should appear near the 26200 to 26120 and 25680 to 25520

Resistance should appear near 26630 to 26720 and 27160 to 27240.

FEBRUARY NATURAL GAS

Resistance should appear at 4370 to 4381 and 4571 to 4582

Support should appear near 4249 to 4238 and 4183 to 4163.          

                

                                              

 

 

 

 

 

 

                                                                THE GRANDE’ GRAINS

MARCH SOYBEANS

Support should appear near 1322 and the 1310.00 1304 region.

Resistance should appear near 1346, beyond that a test of 1361 ½ is likely and should bring out sellers.

MARCH SOYOIL
Resistance should appear near 3982 to 3992 and 4046 to 4056.
Support should appear near 39219 to 3909 and 3867 to 3858.

MARCH SOYMEAL

Resistance should appear near 437.0 to 438.1 and the 442.5 to 444.6 region.

Support should appear near 431.5 to 430.4 and 424.9 to 423.8.
MARCH CORN

Support should appear near and 418 ¼ to 416 ¼ and 412 to 411.
Resistance should appear near 430 ½ to 431 ½ and the 437 to 438 ¼ region.

 

MARCH WHEAT

Resistance should appear near 625 ¾ to 627 and 633 ¾ to 635.

Support should appear near 603 ½ to 602 ¾ 588 to 585 ½


THE LIVELY LIVESTOCK

FEB CATTLE
Support should appear near 13237 and 13100 to 13040.

Resistance should appear near 13340 to 13460.


FEB HOGS
Support should appear near the 8592 to 8557 region and 8502 to 8482.

Resistance should appear near 8667 to 8682 and 8757 to 8772.

 

APRIL HOGS

Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9137 to 9157 and 9237.

JUNE HOGS

Support should appear near the 9837 to 9822 region.

Resistance should appear near 9922 to 9937                                         

 

                                                   THE SATISFYING SOFTS

MARCH COFFEE

Support should appear near 11360 to 11300

Resistance should appear 11640 to 11690.

 

MARCH COCOA

Resistance should appear near 2820 to 2829.

Support should appear near 2724 to 2716

MARCH SUGAR

Resistance is near 1609 to 1615
Support should appear near 1576 to 1569
MARCH COTTON

Support should appear near 8223 to 8194 and 8134 to 8119
BW Traders can buy at 8135 and hold for higher prices.
Resistance is at 8300 to 8314 and 8392 to 8406
                                       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 December 17, 2013 4:50 PM South Florida Beach Time
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