Mar 062014
 

Morning Investment and Day Trading Comments Friday March 07, 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

Thursday March 06, 2014
7:30 PM, South Florida Beach Time


THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear 16,420.00 and 16,275.00.
Resistance is at the 16,550.00, a close or extended trade over is friendly and augurs for at test of  16,720.00.

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 132-07 and 132-21. Beyond that sellers should appear near 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.

Support should appear near 7954 to 7939

MARCH JAPANESE YEN
Resistance should appear near 9706 to 9737 and 9821 to 9837
Support should appear near 9641 to 9625 and 9542 to 9526     

 

 

MARCH EURO CURRENCY

Support should appear near 13830 to 13770
Resistance should appear near 13990 and 14150 to 14210


MARCH SWISS FRANC

Resistance should appear near 11500 and 11640 to 16690

Support is near 11360 to 13300

MARCH BRITISH POUND

Support should appear near 16550 to 16420.

Resistance remains near 16890 to 16960.
JUNE CANADIAN DOLLAR

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

MARCH AUSSIE DOLLAR

Support should appear near 9060 to 9044
Resistance should appear near 9140 to 9156

THE PRECIOUS METALS
APRIL GOLD

Resistance should appear near 1377.0 to 1383.0.
Support should appear near 1346 to 1334

MAY COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33260

Support should appear near 32130 to 31940 and 31570 to 31480

 

 

MAY SILVER

Support should appear 2142 to 2134 and 2089 to 2080.

Resistance is at 2170 to 2185 and 2219 to 2226
                                                                                      

                                                         THE EXCITING ENERGIES

APRIL CRUDE OIL

Resistance should appear near 10237 and 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 10960 to 11010          

Support should appear near 10680 to 10630.

 

APRIL HEATING OIL

Support should appear near should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear 29900 and 30360 to 30450.

 

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 1421 to1415

Resistance should appear near 1453 to 1459

 

JULY SOYBEANS
Support should appear near 1383 to 1377

Resistance should appear near 1415 to 1421

 

MAY SOYOIL
Resistance should appear near 4503 to 4514
Support should appear near 4381 to 4370

MAY SOYMEAL

Resistance should appear near 463.9 to 465.0

Support should appear near 444.6 to 442.5
MAY CORN

Support should appear near 471 ¾ to 469 ½ and 465 to 463 ¾
Resistance should appear near 497 ¼ to 499 ½ and 512 ¾ to 513 ¾

 

MAY WHEAT

Resistance should appear near 648 ¾ to 650 ¾ and 657 ¾ to 659 ¾

Support should appear 635 to 633 ¾ and 619 to 616 ½

                                                 THE LIVELY LIVESTOCK

APRIL CATTLE
Support should appear near 14210 to 14150 and 13990

Resistance should appear near 14370 and the 14530 to14590 region.

 

JUNE CATTLE

Support should appear near 13460 to 13340 and 13227

Resistance should appear near 13617 and 13687

APRIL HOGS

Support should appear near 11010 to 10960

Resistance should appear near 11320 to 11360 and 11500


JUNE HOGS

Support should appear near 11920 and 11817.

Resistance should appear near 12320 to 12380
                               

 

                                                  THE SATISFYING SOFTS

MAY COFFEE

Support should appear near 19090 to 19020 and 18650 to 18580

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 9060 to 9044 and 8964 to 8934
Resistance is at 9140 to 9156 and 9316 to 9347

 

-A Ship in Harbor is Safe…But that is not what ships are built for –

 

Happy Trading!

Bill wil@futurescom.com

Thursday March 6, 2014 8:50 PM South Florida Beach Time

 

 

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