Morning Investment and Day Trading Comments Thursday March 06, 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
Wednesday March 05, 2014
8:30 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear 16,275.00 and 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 1883.50, beyond that a test of the 1902.00 to 1909.00 region is likely.
Support should appear near 1865.00 to 1858.00 and 1840.00.
NASDAQ COMPOSITE
Resistance should appear near 4370.00 to 4381.00. Beyond that a test of 4425.00 to 4446.00 is likely
Support should appear near 4342.50 and 4315.00 to 4304.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3683.00 to 3663.00 and 3643.00
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 appear at 1217.50, beyond that a test of 1232.00 to 1238.00 is likely
Support should appear near 1203.00 to 1192.00 and 1180.50.
JUNE 30 YR BONDS
Resistance should appear near 133-07 and 133-21
Support should appear near 132-07 and 131-21
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.
Support should appear near 7954 to 7939
MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9641 to 9625
MARCH EURO CURRENCY
Support should appear near 13460 to 13340.
Resistance should appear near 13770 to 13830
MARCH SWISS FRANC
Resistance should appear near 11300 to 11360 and 11500.
Support is near 11155 and 11010 to 10960
MARCH BRITISH POUND
Support should appear near 16550 to 16420.
Resistance remains near 16890 to 16960.
JUNE CANADIAN DOLLAR
Resistance should appear near 9060, beyond that a test of 9100 is likely.
Support should appear near 9001 and the 8964 to 8934 region.
MARCH AUSSIE DOLLAR
Support should appear near 8964 to 8934 and 8871 to 8856
Resistance should appear near 9044 to 9060 and 9140 to 9156
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1346.0 and 1377.0 to 1383.0.
Support should appear near 1322.0 and 1310.0 to 1304.0
MAY COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33260
Support should appear near 31940 and 31570 to 31480
MAY SILVER
Support should appear near 2089 to 2080, below that a test of 2042 to 2034 is likely
Resistance is at 2134 to 2142 then 2170 to 2185 and 2219 to 2226
THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near 10137 and 10237, a close over is friendly and augurs for a test of 10320 to 10360.
Support should appear near 10037 to 10021 and 9837 to 9821. BW Traders can buy at 9845 and hold for higher prices.
APRIL BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10630 and 10580
APRIL HEATING OIL
Support should appear near should appear near 29720 then 29520 and the 29370 to 29280 region.
Resistance should appear 30360 to 30450 and 30920 to 31020.
APRIL UNLEADED GAS
Support should appear the 29370 to 29280 region
Resistance should appear near 29720 to 29900.
APRIL NATURAL GAS
Resistance should appear at 4775 to 4785 and 4845 to 4856
Support should appear near 4514 to 4503 and 4315 to 4304
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1415 and 1399.
Resistance should appear near 1453 to 1459
JULY SOYBEANS
Support should appear near 1383 to 1377 and 1346 to 1334
Resistance should appear near 1399 and 1415 to 1421
MAY SOYOIL
Resistance should appear near 4370 to 4381
Support should appear near 4249 to 4239
MAY SOYMEAL
Resistance should appear near 450.3 to 451.4 and 463.9 to 465.0
Support should appear near 444.6 to 442.5 and 438.1 to 437.0
MAY CORN
Support should appear near 471 ¾ to 469 ½ and 465 to 463 ¾
Resistance should appear near 484 ½ to 485 ¾ and 497 ¼ to 499 ½
MAY WHEAT
Resistance should appear near 641 ¾ to 643 and 648 ¾ to 650 ¾
Support should appear 619 to 616 1/2 and 595 ¾ to 594 ½
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 14210 to 14150
Resistance should appear near 14370 and the 14530 to14590 region.
JUNE CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13687 and 13770 to 13830
APRIL HOGS
Support should appear near 11010 to 10960 and 10820
Resistance should appear near 11320 to 11360
JUNE HOGS
Support should appear near 11690 to 11640.
Resistance should appear near 11920 to 12030
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 19530 to 19460 and 19090 to 19020
Resistance should appear 20340 to 20420 and 20800 to 20890
MAY COCOA
Resistance should appear near 2972 to 2990 and 3036 to 3045
Support should appear near 2937 to 2928 and 2883 to 2874.
MAY SUGAR
Resistance is near 1858 to 1865
Support should appear near 1738 to 1731
MAY COTTON
Support should appear near 8856 and 8777 to 8762
Resistance is at 9044 to 9060 and 9140 to 9156
-A Ship in Harbor is Safe…But that is not what ships are built for –
Happy Trading!
Bill wil@futurescom.com
Wednesday March 5, 2014 10:00 PM South Florida Beach Time
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