Morning Investment and Day Trading Comments Thursday February 20, 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”
Wednesday February 19, 2014
2:30 PM, South Florida Beach Time.
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 at 16,090.00 to 16,150.00, beyond that as test of 16,285.00 and the 16,420.00 to 16,550.00 region is likely
MARCH E-MINI SP500
Resistance should appear near the 1858.00 to 1865.00 region.
Support should appear near 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 and 4210.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3643.00 and the 3623.00 to 3613.00 region.
Resistance is at 3663.00 to 3683.00 beyond that a test of 3734.00 to 3473.00 is likely
MARCH E-MINI RUSSELL 2000
Resistance should appear at the 1164.00 to 1169.00 region.
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 132-21 and 132-07
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 and augurs for a test of the 9641 to 9625 region.
MARCH EURO CURRENCY
Support should appear near 13690 and 13615.
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 16720 and the16890 to 16960 region.
MARCH CANADIAN DOLLAR
Resistance should appear near 9044 to 9060.
Support should appear near 8964 to 8934
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762.
Resistance should appear near 9000 and the 9044 to 9060 region.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1321 and the 1334.0 to 1346.0 region.
Support should appear near 1289 and the 1274 to 1268 region.
MARCH COPPER
Resistance should appear near 33190 to 33280
Support should appear near 32700 to 32610 and 32130 to 31940.
MARCH SILVER
Support should appear near the 2134 to 2126 region.
Resistance is at 2170 to 2185 and 2219 to 2226.
THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near 10320 to 10360 and 10470.
Support should appear near 10136 to 10104 and 10037 to 10021
APRIL BRENT CRUDE OIL
Resistance should appear near 11300 to 11360.
Support should appear near 11010 to 10960
MARCH HEATING OIL
Support should appear near should appear near 31020 to 30920 and 30450 to 30360
Resistance should appear 31480 to 31570, beyond that as test of 31940 to 32130 is likely
APRIL HEATING OIL
Support should appear near 30450 to 30360 and the 29900 to 29720 region.
Resistance should appear 30920 to 31020 and 31480 to 31570
MARCH UNLEADED GAS
Support should appear near 28200, below that buyers should appear near 27750 to 27580.
Resistance should appear near 28740 to 28830 and the 29280 to 29370 region.
APRIL UNLEADED GAS
Support should appear 29900 to 29720 and 29370 to 29280
Resistance should appear 30360 to 30450 and 30920 to 31020
MARCH NATURAL GAS
Resistance should appear at 6337 to 6350
Support should appear near 5880 to 5855
APRIL NATURAL GAS
Resistance should appear at 5200 to 5211
Support should appear near 4582 to 4571
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1334 then1321 and 1310 to 1304
Resistance should now appear near 1377 to 1383
MAY SOYOIL
Resistance should appear near 4110 to 4120
Support should appear near 3992 to 3982
MAY SOYMEAL
Resistance should appear near 442.5 to 444.6 and 457.1 to 458.2
Support should appear near 431.5 to 430.4 and 424.9 to 423.8
MAY CORN
Support should appear near 451 ½ to 450 ¾ and 444 ¾ to 442 ½.
Resistance should appear near 463 ¾ to 465 and 477 ½ to 478 ¾
MAY WHEAT
Resistance should appear near 616 ½ to 619 and 625 ¾ to 627
Support should appear 603 ½ to 602 ¼ and 595 ¾ to 594 ½
THE LIVELY LIVESTOCK
APRIL CATTLE
Nearby support should appear near 13990 and 13830 to 13770
Resistance should appear near 14210 then 14367 and 14530 to 14590
JUNE CATTLE
Support should appear near 13227 and 13100 to 13040
Resistance should appear near 13340 to 13460 and 13527
APRIL HOGS
Support should appear near 9642 to 9622 and 9542 to 9527
Resistance should appear near 9737 and 9822 to 9837
JUNE HOGS
Support should appear near 10682 to 10632 and 10577
Resistance should appear near 10817 and the 10957 to 11010 region.
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 16550 to 16420 and 16150 to 16090
Resistance should appear 17740 to 17800 and 18080 to 18220
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 1689 to 1696
Support should appear near 1655 to 1642
MAY COTTON
Support should appear near 8777 to 8762 and the 8683 to 8668 region.
BW Traders can buy at 8685 and hold for higher prices.
Resistance is at 8856 to 8871 and the 9044 to 9060 region.
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
Wednesday February 19, 2014 3:25 PM South Florida Beach Time
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