Morning Investment and Day Trading Comments Thursday June 05, 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 June 04, 2014 1:00 PM, South Florida Beach Time.
Traders should stay nimble and stay tuned for Flashes and Updates for all Markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,550.00 to 16,420.00. Resistance is at the 16,890.00 to 16,960.00 region.
JUNE E-MINI SP500
Resistance is at the 1946.00 to 1953.00 region
Support should appear near 1909.0 to 1902.0.
NASDAQ COMPOSITE
Resistance should now appear at the 4304.00 to 4315.0 region. Support should appear near 4238.00 and the 4183.00 to 4163.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 3682.00 to 3663.00. Resistance is at the 3795.0 to 3806.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00
Support should appear near 1115.50 and 1101.00 to 1096.00.
SEPTEMBER 30 YR BONDS
Resistance should appear near 135-07 and 135-21 Support should appear near 134-07 and 133-21
SEPTEMBER 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
JUNE DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near 8044 to 8029. J
UNE JAPANESE YEN
Resistance should appear near 9821 to 9837.
Support should appear near 9737 to 9706.
JUNE EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance is at 13687 and 13770 to 13830
JUNE SWISS FRANC
Resistance should appear near the 11300 to 11360 region.
Support is near the 11010 to 10960 region.
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 9237 and the 9316 to 9347 region. Support should appear near 9140 and 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9231 and 9156 to 9140 Resistance should appear near 9316 to 9347.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1253.0 and 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0 and 1203.0 to 1192.0
JULY COPPER Resistance should appear near 31020 and 31480 to 31570
Support should appear near 30450 to 30360. BW Traders can buy at 30475 and initially plan on risking a close under 30300 for three days in a row
JULY SILVER
Support should appear near the 1822.0 to 1808.0 region.
Resistance is at 1902.0 to 1909.0.
THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104.
JULY BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010. Supportshould appear near 10815 and the 10680 to 10580 region
JULY HEATING OIL
Support should appear near should appear near 28290 to 28200. Resistance should appear 28740 to 28830.
JULY UNLEADED GAS
Support should appear 29370 to 29280 and 28830 to 28740
Resistance should appear near 29550 and 29720 to 29900.
JULY NATURAL GAS
Resistance should appear 4.695 to 4.717
Support should appear near 4.446 to 4.425.
THE GRANDE’ GRAINS
JULY SOYBEANS Support 1459 to 1453 and 1437
Resistance should appear near 1484 to 1496.
AUGUST SOYBEANS
Support should appear near 1399 and 1383 to 1377
Resistance should appear near 1421 and 1437
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region.
Resistance should appear near 1232 to 1238
JULY SOYOIL Resistance should appear near 4110 to 4120 Support should appear near 3909 and 3867 to 3858
JULY SOYMEAL
Resistance should appear near 497.3 to 499.5 and 506.7 to 505.6
Support should appear near 492.6 to 491.5 and 485.6 to 484.5
AUGUST SOYMEAL
Resistance should appear near 469.5 to 471.7 and 477.5 to 478.5.
Support should appear near the 458.2 to 457.1 region.
JULY CORN
Support should appear near 444 ¾ to 442 ½ Resistance should appear near 463 ¾ to 465
JULY WHEAT
Support should appear near the 603 ½ to 602 ¾ region. Resistance should appear near 633 ¾ to 635
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 13830 to 13770.
Resistance should appear near the 14150 to 14210 region.
OCTOBER CATTLE Support should appear near 14210 to 14150
Resistance should appear near the 14530 to 14590.
JUNE HOGS
Support should appear near 11157 and 11010 to 10960
Resistance should appear near 11300 to 11360
JULY HOGS
Support should appear near 12107 and 12030 to 11920 Resistance should appear near 12177 and 12247 and 12320 to 12380
AUGUST HOGS
Support should appear near 12740 to 12680 and 12532 Resistance should appear near 12887 and 13040 to 13100
OCTOBER HOGS
Support should appear near 10682 then 10582 and 10472
Resistance should appear near 10812 and 10960 to 11010
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 17310 to 17380
Support should appear near 16550 to 16420
JULY COCOA
Resistance should appear near 3092 to 3102
Support should appear near 3045 to 3036. BW Traders should go long September if a close over 3103 occurs.
JULY SUGAR
Resistance is near 1731 to 1738 Support should appear near 1696 to 1689.
JULY COTTON
Support should appear near 8406 to 8391 Resistance is at 8668 to 8683
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
Wednesday June 4, 2014 2:30 PM South Florida Beach Time
THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved
Sorry, the comment form is closed at this time.