May 112014
 

Morning Investment and Day Trading Comments Monday May 12, 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

Friday May 09, 2014 2:30 PM, South Florida Beach Time.

 

Stay tuned for Flashes and Updates in all markets

 

                                  THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,420.00, below that buyers should appear near the 16,150.00 to 16,090.00 region.

Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region.
JUNE E-MINI SP500

Resistance is at 1883.50 and the 1902.00 to 1909.00 region. BW Traders can sell at 1901.75 for a turn lower and risk a close over 1911 for three days in a row. Support should appear near 1865.00 to 1858.00, below that buyers should appear near the 1822.00 to 1808.00 region.

 

NASDAQ COMPOSITE

Resistance should appear at 4110.00 to 4120.00 and the 4163.00 to 4183.00 region.

Support should appear near 3992.00 to 3982.00 and 3920.00 to 3909.00
JUNE E-MINI NASDAQ 100

Support should appear near 3503.00 to 3493.00 and 3443.00 to 3425.00

Resistance is at 3553.00 to 3563.00 and 3613.00 to 3623.00.

JUNE E-MINI RUSSELL 2000

Resistance should appear at 1115.50, beyond that sellers should appear near 1130.00 to 1136.00.

Support should appear near 1101.00 to 1096.00 then 1082.00 and 1068.00 to 1058.00, which should hold.

JUNE 30 YR BONDS

Resistance should appear near 136-07 and 136-21. 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 124-21 and 124-07.

 

                                        THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near 8029 to 8044

Support should appear near 7954 to 7939

 

JUNE JAPANESE YEN Resistance should appear near 9921 to 9937.   Support should appear near 9821 and 9783
JUNE EURO CURRENCY

Support should appear near 13692 and 13617 Resistance should appear near 13770 to 13830

 

JUNE SWISS FRANC

Resistance should appear near 11300 to 11360

Support is near 11227 and 11157

 

JUNE BRITISH POUND

Support should appear near 16720 and the 16550 to 16420 region

Resistance remains 16890 to 16960

 

JUNE CANADIAN DOLLAR

Resistance should appear near 9237 and 9316 to 9037 Support should appear near 9156 to 9140, below that a test of 9100 is likely.
JUNE AUSSIE DOLLAR

Support should appear near 9316 and 9239   Resistance should appear near 9347 and the 9429 to 9445 region.                                                             

 

                                                     THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1304.0 to 1310.0 region.

Support should appear near 1274.0 to 1268.00

JULY COPPER Resistance should appear near 30920 to 31020, beyond that a test of 31480 to 31570 is likely

Support should appear near 30450 to 30360 and the 29900 and 29720 region.
 

 

 

JULY SILVER

Support should appear near 1909.0 to 1902.0 and 1865 to 1858

Resistance is at 1982.0 to 1996.0 and 2034 to 2042.                                                                                    

 

                                                    THE EXCITING ENERGIES

JULY CRUDE OIL

Resistance should appear near 10021 to 10037

Support should appear near 9837 to 9821.

 

JULY BRENT CRUDE OIL Resistanceshould appear near 10747 and 10815 Supportshould appear near 10680 to 10580 and 10470

 

JUNE HEATING OIL

Support should appear near should appear near 28830 to 28740 and 28290 to 28200 Resistance should appear near 29280 to 29370 and 29370 and 29720 to 29900

 

JUNE UNLEADED GAS

Support should appear the 28830 to 28740 region.

Resistance should appear near 29720 to 29900.
JULY NATURAL GAS

Resistance should appear 4571 to 4582 and 4639 to 4650

Support should appear near 4446 to 4425 and 4381 to 4370                                   

 

 

                                                THE GRANDE’ GRAINS

JULY SOYBEANS Support should appear near 1471 ½ and the 1459 to 1453 region.

Nearby resistance should appear near 1496, beyond that a test of 1512 ½ is likely

 

NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region.

Resistance should appear near 1232 to 1238.
JULY SOYOIL Resistance should appear near 4163 to 4183 and 4238 to 4249.          Support should appear near 4110 and the 4056 to 4046 region.
JULY SOYMEAL

Resistance should appear near 491.5 to 492.6, beyond that a test of 497.3 to 499.5 is likely

Support should appear near 485.6 to 484.5 and 478.5 to 477.5.

JULY CORN

Support should appear near 506 ¾ to 505 ¾ and 499 ½ to 497 ¾ Resistance should appear near 513 ¾ to 513 and 525 ¾ to 528 ¼

JULY WHEAT

Resistance should appear near 732 ¾ to 734 ¾ and 741 ½ to 742 ¾ Support should appear near 717 to 714 ¼ and 708 ¾ to 707 ½

 

 

 

                                        THE LIVELY LIVESTOCK

JUNE CATTLE

Support should appear near 13830 to 13770 and 13692.

Resistance should appear near 13912 and 13987

 

AUGUST CATTLE Support should appear near 13830 to 13770

Resistance should appear near 13912 and 13987

 

JUNE HOGS

Support should appear near 12030 to 11920

Resistance should appear near 12102 and 12172                       

 

AUGUST HOGS

Support should appear near 12247 then 12177 and 12102. Resistance should appear near 12317 to 12382

                                       

 

                                              THE SATISFYING SOFTS

JULY COFFEE

Resistance should appear near 18580 to 18560 and 19020 to 19090

Support should appear near 18220 to 18080 and 17800 to 17400

 

JULY COCOA

Resistance should appear near 2874 to 2883.

Support should appear near the 2829 to 2820.

JULY SUGAR

Resistance is near 1731 to 1738 Support should appear near 1696 to 1689

JULY COTTON

Support should appear near 9156 to 9140 Resistance is at 9316 to 9347

                                       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

Friday May 09, 2014 3:45 PM South Florida Beach Time
 

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