Feb 162014
 

Morning Investment and Day Trading Comments Tuesday February 18, 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

   

“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 – 

Sunday February 16, 2014
2:30 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 16,285.00 m beyond that a test of 16,420.00 to 16,550.00 is likely

MARCH E-MINI SP500

Resistance should appear near 1840.00, beyond that a test of 1858.00 to 1865.00 is likely.
Support should appear near 1831.00 and the 1822.00 to 1808.00 region.

 

 

 

 

NASDAQ COMPOSITE

Resistance should appear near 4276.5, beyond that a test of 4304.00 to 4315.00 is likely.

Support should appear near 4238.00 then 4210.00 and the 4183.00 to 4163.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 3623.00 to 3613.00.

Resistance is at 3663.00 to 3682.00, beyond that a test of 3734.00 to 3473.00 is likely       

 

MARCH E-MINI RUSSELL 2000

Resistance should now appear at 1150.00, an extended trade or close over is friendly and augurs for a test of 1164.00 to 1169.00.

Support should appear near 1136.00 to 1130.00.
Stay tuned for Flashes and trade accordingly

 

MARCH 30 YR BONDS

Resistance should appear near 133-07 and 133-21
Support should appear near 132-07 and 131-21

MARCH 10 YR NOTE

Resistance should appear near 126-07 and 126-21

Support should appear near 125-07 and 124-21                                                  

 

                                               THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8029 to 8044, a close over is
friendly and augurs for a test of 8119 to 8134

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

 

 

 

 

MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837 and 9879
Support should appear near 9737 to 9706, a close under is negative…
below that an eventual test of 9347 to 9316 is likely.
Stay tuned for Flashes.   

 

MARCH EURO CURRENCY

Support should appear near 13615 and the 13460 to 13340 region.
Resistance should appear near 13770 to 13830 and cap rallies.


MARCH SWISS FRANC

Resistance should appear near 11300 to 11360 and cap rallies.

Support is near 11155 and the 11010 to 10960 region.

MARCH BRITISH POUND

Support should appear near 16550 to 16420

Resistance should appear near the16890 to 16960 region.
MARCH CANADIAN DOLLAR

Resistance should appear near the 9140 to 9156 region.
Support should appear near the 9060 to 9044 region.

MARCH AUSSIE DOLLAR

Support should appear near 8964 to 8934.
Resistance should appear near 9044 to 9060

 

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                                                     THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1334.0 to 1346.0

Support should appear near 1310.0 to 1304.0

MARCH COPPER
Resistance should appear near 32940 and 33190 to 33280

Support should appear near 32610 and 32130 to 31940.

MARCH SILVER

Support should appear near 2134 to 2126 and 2089 to 2080

Resistance is at 2170 to 2185, beyond that sellers should appear near 2219 to 2226                                                                                         

 

                                                         THE EXCITING ENERGIES

APRIL CRUDE OIL

Resistance should appear near 10021 to 10037 and 10104 to 10136

Support should appear near 9937 to 9921 and 9837 to 9821.

 

APRIL BRENT CRUDE OIL
Resistance should appear near the 10960 to 11010 region.           

Support should appear near 10820 and 10750, below that buyers should appear near
the 10680 to 10580 region

 

MARCH HEATING OIL

Support should appear near should appear near 30450 to 30360 and 29900 to 29720.
Resistance should appear 30920 to 31020, beyond that sellers should appear near 31480 to 31570.

 

APRIL HEATING OIL

Support should appear near the 29900 to 29720 and 29370 to 29280 region.
Resistance should appear 30360 to 30450 and 30920 to 31020   

 

 

 

MARCH UNLEADED GAS

Support should appear near the 27750 to 27580 region.

Resistance should appear near 28200 to 28290.

APRIL UNLEADED GAS

Support should appear 29545 and 29270 to 29280.

Resistance should appear 29900 and 30360 to 30450

MARCH NATURAL GAS

Resistance should appear at 5345 to 5356 and 5553 to 5557

Support should appear near 4995 to 4973 and 4785 to 4774              

 

APRIL NATURAL GAS

Resistance should appear at 4639 to 4650 and 4696 to 4717

Support should appear near 4514 to 4503 and 4446 to 4425               

 

                                                            THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1310 to 1304.

Resistance should appear near the 1334 to 1346 region.


MAY SOYOIL
Resistance should appear near 3982 to 3992 and 4046 to 4056
Support should appear near 3929 to 3909, below that buyers should appear near 3867 to 3858.

MAY SOYMEAL

Resistance should appear near 437.0 to 438.1 and 442.5 to 444.6

Support should appear near 424.9 to 423.8 and 418.3 to 416.3
 

 

MAY CORN

Support should appear near 438 ¼ to 437 and the 424 ¾ to 423 ¾ region.
Resistance should appear near 450 ¼ to 451 ½, beyond that sellers should appear near 463 ¾ to 465.


MAY WHEAT

Resistance should appear near 602 ¼ to 603 ½.Beyond that sellers should appear near
the 610 ¼ to 611 ¼ region. BW Traders can sell at 609 ¾ and hold for lower prices.

Support should appear 595 ¾ to 594 ½ and 588 to 585 ½.

 

                                            THE LIVELY LIVESTOCK

APRIL CATTLE
Nearby support should appear near 14070, below that a test of 13992 is likely and should bring out buyers. Under that a test of 13830 to 13770 is likely.

Resistance should appear near 14150 to 14210 and 14367 and 14530 to 14590

 

JUNE CATTLE

Support should appear near 13100 to 13040

Resistance should appear near 13340 to 13460

APRIL HOGS

Support should appear near 9542 to 8527 and the 9447 to 9427 region.
Resistance should appear near 9622 to 9642 and 9707 to 9737
Aggressive BW Traders should go short if a close under 9412 occurs.

JUNE HOGS

Support should appear near 10362 to 10317.

Resistance should appear near 10577 to 10682
  

 

 

 

 

 

                                        THE SATISFYING SOFTS

MAY COFFEE

Support should appear near 14210 to 14150 and 13830 to 13770

Resistance should appear 14530 to 14590 and the 14840 to 14960 region.

 

MAY COCOA

Resistance should appear near the 2972 to 2990 and 3036 to 3045

Support should appear near 2937 to 2928 and 2883 to 2874.

MAY SUGAR

Resistance is near the 1609 to 1615.
Support should appear near 1576 to 1569.
MAY COTTON

Support should appear near 8777 to 8762 and 8683 to 8665
BW Traders can buy at 8685 and hold for higher prices.
Resistance is at 8934 to 8964, beyond that a trade towards 9044 to 9060 is likely
Stay tuned for flashes.

 

                                       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

 

Sunday February 16, 2014 5:10 PM South Florida Beach Time
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