Morning Investment and Day Trading Comments Wednesday February 26, 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
The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments — George Washington—
Tuesday February 25, 2014
3:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear 16,150.00 to 16,090.00.
Resistance is at the 16,420.00 to 16,550.00 region.
MARCH E-MINI SP500
Resistance should appear near the 1858.00 to 1865.00 region.
Support should appear near 1840.00 and the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear near 4304.00 to 4315.00, a close over is friendly and augurs for a test of
4370.00 to 4381.00
Support should appear near 4276.50 and the 4249.00 to 4238.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3682.00 to 3663.00 and the 3623.00 to 3613.00 region.
Resistance is at 3734.00 to 3743.00 beyond that a test of 3795.00 to 3806.00 is likely
MARCH E-MINI RUSSELL 2000
Resistance should now appear at 1192.00 to 1203.00.
Support should appear near 1169.00 to 1164.00 and 1150.00
JUNE 30 YR BONDS
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07
JUNE 10 YR NOTE
Resistance should appear near 124-21 and 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, a close over is friendly and augurs for a test of the
8119 to 8134 region.
Support should appear near 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706.
MARCH EURO CURRENCY
Support should appear near 13690 and 13615.
Resistance should appear near the 13770 to 13830 region.
MARCH SWISS FRANC
Resistance should appear near the 11300 to 11360 region.
Support is near 11155 and the 11010 to 10960 region.
MARCH BRITISH POUND
Support should appear near 16550 to 16420.
Resistance remains near 16890 to 16960.
MARCH CANADIAN DOLLAR
Resistance should appear near 9040 to 9060
Support should appear near 8964 to 8934
MARCH AUSSIE DOLLAR
Support should appear near 8964 to 8934
Resistance should appear near 9044 to 9060
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1346.0. Beyond that sellers should appear near 1377.0 to 1383.0.
Support should appear near 1334.0, below that a test of 1310.0 to 1304.0 is likely.
Pick your poison.
MAY COPPER
Resistance should appear near 32610 to 32700
Support should appear near 32130 to 31940
MAY SILVER
Support should appear near 2185 to 2170, below that buyers should appear near 2134 to 2126
Resistance is at 2219 to 2226. Beyond that a test of 2267 to 2275 is likely and should cap rallies.
THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near the 10320 to 10360.
Support should appear near 10136 to 10101
APRIL BRENT CRUDE OIL
Resistance should appear near 10960 to 11010 and 11155.
Support should appear near 10820 and the 10680 to 10580 region.
APRIL HEATING OIL
Support should appear near should appear near 29900 to 29720
Resistance should appear the 30920 to 31020.
APRIL UNLEADED GAS
Support should appear 29720 and the 29370 to 29280 region.
BW Traders can buy at 294.10 and hold for higher prices.
Resistance should appear near 29900, beyond that a test of 30360 to 30450 is likely.
APRIL NATURAL GAS
Resistance should appear at 4845 to 4856 and 4915 to 4926
Support should appear near 4514 to 4503 and 4446 to 4425
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1383 to 1377
Resistance should appear near 1415 to 1421
JULY SOYBEANS
Support should appear near 1346 to 1334
Resistance should appear near 1377 to 1383.
MAY SOYOIL
Resistance should appear near 4110 to 4120 and 4163 to 4183.
Support should appear near 4056 to 4046 and the 3992 to 3982 region.
MAY SOYMEAL
Resistance should appear near 457.1 to 458.2, beyond that sellers should appear near 463.9 to 465.0
Support should appear near 451.4 to 450.3, below that buyers should appear near 444.6 to 442.5
MAY CORN
Support should appear near 451 ½ to 450 ¼ and 444 ¾ to 442 ½.
Resistance should appear near 463 ¾ to 465 and 469 ½ to 471 ½.
MAY WHEAT
Resistance should appear near the 616 ½ to 619. Beyond that sellers should appear near
625 ¾ to 627.
Support should appear 603 ½ to 602 ¾ , below that a test of 588 to 585 ½ is likely.
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 14210 to 14150.
Resistance should appear near 14530 to 14590
JUNE CATTLE
Support should appear near 13100 to 13040.
Resistance should appear near the 13340 to 13460.
APRIL HOGS
Support should appear near 9837 to 9807
Resistance should appear near 10102 to 10137
JUNE HOGS
Support should appear near 10822, below that a test of 10680 to 10580 is likely
Resistance should appear near 10960 to 11010 and should cap a rally
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 16960 to 16890.
Resistance should appear the 18080 to 18220 region.
MAY COCOA
Resistance should appear near the 2972 to 2990 region.
Support should appear near 2883 to 2874.
MAY SUGAR
Resistance is near 1774 to 1780
Support should appear near 1696 to 1689.
MAY COTTON
Support should appear near the 8683 to 8668 and 8589 to 8560
Resistance is at 8856 to 8871 and 8934 to 8964.
-A Ship in Harbor is Safe…But that is not what ships are built for –
Happy Trading!
Bill wil@futurescom.com
Tuesday February 25, 2014 4:45 PM South Florida Beach Time
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