Morning Investment and Day Trading Comments Friday May 02, 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 May 1, 2014 4:30 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,550.00 to 16,420.00. Resistance at 16,635.00 and 16,720.00
JUNE E-MINI SP500
Resistance is at 1883.50, beyond that sellers should appear near the 1902.00 to 1909.00 region.
Support should appear near 1865.00 to 1858.00.
NASDAQ COMPOSITE
Resistance should appear at 4163.00 to 4183.00
Support should appear near 4056.00 to 4046.00.
JUNE E-MINI NASDAQ 100
Support should appear near 3563.00 to 3553.00 and the 3503.00 to 3493.00 region..
Resistance is at 3613.00 to 3623.00 and the 3663.00 to 3682.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00
Support should appear near the 1101.00 to 1096.00 region.
JUNE 30 YR BONDS
Resistance should appear near 136-21 and 137-07 Support should appear near 135-07 and 134-21
JUNE 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-07 and 123-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7991 and the 8029 to 8044 region.
Support should appear near 7864 to 7836, below that buyers should appear near 7777 to 7763 JUNE JAPANESE YEN Resistance should appear near 9921 to 9937 Support should appear near 9737 to 9706.
JUNE EURO CURRENCY
Support should appear near 13830 and 13800 to 13770
Resistance should appear near 13990 and the 14150 to 14210 region
JUNE SWISS FRANC
Resistance should appear near 115.00 and the 11640 to 11690 region.
Support is near 11360 to 11300 and 11155
JUNE BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region.
Resistance remains near the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9140 to 9156
Support should appear near 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near the 9160 to 9156 region.
Resistance should appear near the 9316 to 9347 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0 and 1322.0
Support should appear near the 1274.0 to 1268.0 and 1253.0
JULY COPPER Resistance should appear near 30920 to 31020
Support should appear near 29900 to 29720
JULY SILVER
Support should appear near 1865 to 1858 and 1822 to 1808
Resistance is at 1946.0 to 1953.0 and 1982.0 to 1996.0
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 9921 to 9937 and 10021 to 10037
Support should appear near 9737 to 9706 and 9526 to 9542
JUNE BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010.
Supportshould appear near 10680 to 10580
JUNE HEATING OIL
Support should appear near should appear near 28830 to 28740
Resistance should appear the 29720 to 29900 region.
JUNE UNLEADED GAS
Support should appear near 29280 and 28830 to 28740
Resistance should appear near 29720 to 29900 and the 30360 to 30450 region.
JULY NATURAL GAS
Resistance should appear 4845 to 4856
Support should appear near 4650 to 4639
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1459 to 1453 and 1437
Resistance should appear near 1471 ½ and 1484 to 1496
NOVEMBER SOYBEANS Support should appear near 1217 and the 1203 to 1192 region.
Resistance should appear near 1232 to 1238 and 1253
JULY SOYOIL Resistance should appear near 4163 to 4183
Support should appear near 4056 to 4063 JULY SOYMEAL
Resistance should appear near 484.5 to 485.6
Support should appear near 465.0 to 463.9
JULY CORN
Support should appear near 499 ½ to 497 ¼ Resistance should appear near 512 ¾ to 513 ¾ Trade Accordingly
JULY WHEAT
Support should appear near 700 to 699 ¼
Resistance should appear near 714 ¼ to 717 Trade accordingly…
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13910 and 13830 to 13770
Resistance should appear near 14150 to 14210
AUGUST CATTLE Support should appear near 13830 to 13770.
Resistance should appear near the 13910 and 13987
JUNE HOGS
Support should appear near 12172 and 12030 to 11920
Resistance should appear near 12252 and 12320 to 12380
AUGUST HOGS
Support should appear near 12102 and 12037 to 11922 Resistance should appear near 12242 and 12317 to 12382.
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 21260 to 21340 and 21700 to 21850.
Support should appear near 20420 to 20340 and 19960 to 19820
JULY COCOA
Resistance should appear near 2928 to 2937
Support should appear near 2882 to 2874
BW Traders should go long if a close over 3047 occurs.
JULY SUGAR
Resistance is near 1808 to 1822 Support should appear near 1774 and 1756
JULY COTTON
Support should appear near 9427 and 9347 to 9316 Resistance is at 9526 to 9542.
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
Thursday May 01, 2014 6:10 PM South Florida Beach Time
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