Morning Investment and Day Trading Comments Tuesday January 14, 2014 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“Courage in a Speculator is merely confidence to act on the decision of his mind”
Monday January 13, 2014
3:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 16,150.00 to 16,090.00 region.
Resistance is at 16,420.00 to 16,550.00.
MARCH E-MINI SP500
Resistance should appear near the 1858.00 to 1865.00 region.
Support should appear near the 1808.00 and 1794.00.
BW Traders can buy at 1794 and hold for higher prices.
NASDAQ COMPOSITE
Resistance should appear near 4120.00 then 4163.00 to 4183.00 and 4238.00 to 4249.00
Support should appear near 4110.00 and the 4056.00 to 4046.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near the 3503.00 to 3493.00 and 3443.00 to 3425.00
Resistance is at 3553.00 to 3563.00 and 3613.oo to 3623.00
MARCH E-MINI RUSSELL 2000
Resistance should appear at the 1164.00 to 1169.00 region.
Support should appear near the 1136.00 to 1130.00 region.
MARCH 30 YR BOND
Resistance should appear near 131-07 and 131-21.
Support should appear near 130-21 and 130-07.
MARCH 10 YR NOTE
Resistance should appear near 125-07. Beyond that sellers should appear near 125-21
Support should appear near 124-07 and 123-21.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8081 and the 8119 to 8134 region.
Support should appear near 8044 to 8029.
MARCH JAPANESE YEN
Resistance should appear near 9737 then 9779 and 9821 to 9837
Support should appear near 9706 then 9641 to 9625 and 9542 to 9526
MARCH EURO CURRENCY
Support should appear near 13615 and the 13460 to 13340 region.
Resistance should appear near the 13770 to 13830 region.
BW Traders can sell at 13767 for a trade and risk a close over 13837.
MARCH SWISS FRANC
Resistance should appear near 11155 then 11227 and the 11300 to 11360 region.
BW Traders can sell at 11292 and hold for lower prices.
Support is near the 11010 to 10960 region.
BW Traders should go short if a close under 10957 occurs.
MARCH BRITISH POUND
Support should appear near 16357 then 16277 and the 16150 to 16090 region.
BW Traders can buy at 16292 and risk a close under 16277 for three days in a row.
Resistance remains near 16420 to 16550. Beyond that a test of 16720 is likely.
MARCH CANADIAN DOLLAR
Resistance should appear near 9316 to 9347
Support should appear near 9060 to 9044
MARCH AUSSIE DOLLAR
Support should appear near 8964 to 8934.
Resistance should appear near the 9044 to 9060 region.
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1253.00, beyond that a test of 1268.0 to 1274.0 is likely and should bring out sellers and cap a rally.
Support remains near 1238.00 to 1232.00 and the 1203.00 to 1192.00 region.
MARCH COPPER
Resistance should appear near 33770 to 33860 and the 34250 to 34430 region..
Support should appear 33280 to 33190 and the 32700 to 32610 region.
BW Traders can buy at 33000 for a bounce and stay tuned for a stop.
MARCH SILVER
Support should appear near 2034 then 1996 to 1982 and the 1953 to 1946 region.
Resistance is at 2080 to 2089 and the 2126 to 2124 region.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9237 and 9316 to 9347.
Support should appear near 9156 to 9140 and the 8964 to 8934 region
MARCH BRENT CRUDE OIL
Resistance should appear near 10580 to 10680 and 10820.
Support should appear near 10470 and 10360 to 10320.
FEBRUARY HEATING OIL
Support should appear near should appear near the 28830 to 28740 region.
Resistance should appear 29720 to 29900.
FEBRUARY UNLEADED GAS
Support should appear 26200 to 26120. Under that a test of the 25680 to 25520 region is likely.
Resistance should appear near 26630 to 26720 and 271260 to 27240.
FEBRUARY NATURAL GAS
Resistance should appear at 4425 to 4446
Support should appear near 4249 to 4238
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1274 to 1268.
Resistance should appear near the 1304 to 1310 region.
MARCH SOYOIL
Resistance should appear near 3795 to 3806 and 3858 to 3867
Support should appear near 3743 to 3734 and 3682 to 3663
MARCH SOYMEAL
Resistance should appear near 430.4 to 431.5
Support should appear near the 412.0 to 411.0.
MARCH CORN
Support should appear near and 431 ½ to 430 ½ and the 424 ¾ to 423 ¾ region.
Resistance should appear near 437 to 438 ¼ and the 442 ½ to 444 ¾ region.
MARCH WHEAT
Resistance should appear near 585 ½ to 588 and 602 ¼ to 603 ½. BW Traders can sell at 602 ¼ and risk a close over 611 ¾ for three days in a row.
Support should appear 557 ¾ to 555 ¼ and the 550 ¼ to 549 ¼ region.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13617 and the 13460 to 13340 region which should bring out buyers.
Resistance should appear near the 13770 to 13830 and 13987 and should cap a rally.
APRIL CATTLE
Support should appear near 13617 and the 13460 to 13340 region.
Resistance should appear near the 13770 to 13830 region.
BW Traders can sell at 13762 and hold for lower prices.
FEB HOGS
Support should appear near 8502 to 8482 and the 8407 to 8392 region.
Resistance should appear near 8560 to 8592 and 8662 to 8682.
APRIL HOGS
Support should appear near 8967 to 8932, Failure there augurs for a test of 8857 to 8862.
Resistance should appear near 9042 to 9062 and 9137 to 9157.
BW Traders can sell at 9137 and hold for lower prices.
JUNE HOGS
Support should appear near 10037 to 10022 and the 9937 to 9922 region.
Resistance should appear near 10102 to 10137 and the 10317 to 10357 region.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11920 and the 11690 to 11640 region.
BW Traders can buy at 11835 and hold for higher prices.
Resistance should appear 12320 to 12380 beyond that a test of 12680 to 12740 is likely.
MARCH COCOA
Resistance should appear near 2775 then 2797 and the 2820 to 2829 region.
Support should appear near the 2672 to 2663 region, below that buyers should appear near 2620 to 2612.
MARCH SUGAR
Resistance is near 1569 to 1576 and 1592. BW Traders can sell at 1587 and hold for lower prices.
Support should appear near 1525 to 1529 and the 1496 to 1453 region.
MARCH COTTON
Support should appear near the 8314 to 8300 and 8223 to 8194 region. BW Traders can buy at 8225 for a bounce and hold for higher prices. Below that buyers should appear near 8134 to 8119 and the 8044 to 8029 region.
Resistance is at 8391 to 8406 and the 8484 to 8499 region.
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
Monday January 13, 2014 4:20 PM South Florida Beach Time
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