Morning Investment and Day Trading Comments Wednesday June 18, 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
Tuesday June 17, 2014 1:30 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,720.00 and the 16,550.00 to 16,420.00 region. Resistance is at 16,890.00 to 16,960.00.
DOW JONES TRANSPORTS
Support should appear near 8044.00 to 8029.00 and 7964.00 to 7934.00.
Resistance is at 8119.00 to 8134.00 and the 8194.00 to 8223.00 region
SEPTEMBER E-MINI SP500
Resistance is at 1946.00 to 1953.00. BW Traders can sell at 1945.25 for a trade and initially risk a close over 1953.75 for three days in a row. Support should appear near the 1909.0 to 1902.0 region.
NASDAQ COMPOSITE
Resistance should appear at 4370.00 to 4381.00. Support should appear near 4249.00 to 4238.00.
SEPTEMBER E-MINI NASDAQ 100 Support should appear near the 3682 to 3663 region.
Resistance is at 3795.00 to 3806.00 and the 3858.00 to 3867.00 region.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1180.50 and 1192.00 to 1203.00
Support should appear near 1150.00 and 1136.00 to 1130.00.
SEPTEMBER 30 YR BONDS
Resistance should appear near 136-07 and 136-21. Support should appear near 134-21 and 134-07
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
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near 8044 to 8029.
SEPTEMBER JAPANESE YEN Resistance should appear near 9921 to 9937. Support should appear near 9779 and the 9737 to 9706 region.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance is at 13615 and 13687. BW Traders can sell at 13687 and hold for lower prices.
SEPTEMBER SWISS FRANC
Resistance should appear near 11155 then 11227 and 11300 to 11360.
Support is near the 11010 to 10960 region. SEPTEMBER BRITISH POUND
Support should appear near 16890 and 16720. BW Traders can buy at 16892 and risk 50 points. Resistance should appear near 17130 and the 17310 to 17380 region. SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9237 and the 9316 to 9347 region. Support should appear near 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR Support should appear near 9156 to 9140 Resistance should appear near 9316 to 9347.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1289 and 1304.0 to 1310.0 region.
Support should appear near 1268.00 then 1253.0 and 1238.0 to 1232.0
SEPTEMBER COPPER Resistance should appear near the 30920 to 31020 region.
Support should appear near 29900 to 29720.
SEPTEMBER SILVER
Support should appear near 1953.0 to 1946.0.
Resistance is at 1982.0 to 1996.0.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 10580 then 10470 and the 10320 to 10360 region.
Resistance should appear near 10680 then 10820 and 10960 to 11010.
AUGUST BRENT CRUDE OIL Resistanceshould appear near 11360 and 11500. Supportshould appear near 11300 then 11155 and the 11010 to 10960 region.
JULY HEATING OIL
Support should appear near should appear near 29900 to 29720. Resistance should appear 30360 to 30450.
JULY UNLEADED GAS
Support should appear 30450 to 30360.
Resistance should appear near 30920 to 31020 and 31480 to 31570
AUGUST NATURAL GAS
Resistance should appear 4.775 to 4.785.
Support should appear near 4.650 to 4.639
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1383 to 1377
Resistance should appear near 1415 to 1421.
AUGUST SOYBEANS
Support should appear near 1346 to 1334.
Resistance should appear near 1361 ½ and 1377 to 1383.
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region
Resistance should appear near 1217 ½ and 1232 to 1238.
JULY SOYOIL Resistance should appear near 4046 to 4056. Support should appear near 3929 to 3909.
JULY SOYMEAL
Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0
Support should appear near 444.6 to 442.5 and 438.1 to 437.0
AUGUST SOYMEAL
Resistance should appear near 437.0 to 438.1
Support should appear near 424.9 to 423.8
JULY CORN
Support should appear near 438 ¼ to 437 1/4 and 431 ½ to 430 ½ Resistance should appear near 450 ¼ to 451 ¼.
JULY WHEAT Support should appear near 580 ½ to 579 ¼ and 572 ¾ to 571 ¾ Resistance should appear near 602 ¾ to 603 ¾ and the 616 ½ to 619 region.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 14530 to 14590 and 14370
Resistance should appear near 14712 and 14840 to 14960
OCTOBER CATTLE Support should appear near 14840 and 14710
Resistance should appear near 14960 and 15122
JULY HOGS
Support should appear near 12380 to 12320 Resistance should appear near 12527 and 12617
AUGUST HOGS
Support should appear near 12740 to 12680. Resistance should appear near 12817 then 12887 and 12972.
OCTOBER HOGS
Support should appear near 10680 to 10580 Resistance should appear near 10817 and 10960 to 11010
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17310 to 17380 and 17740 to 17800.
Support should appear near 16960 to 16890 and the 16550 to 16420 region.
SEPTEMBER COCOA
Resistance should appear near 3148 to 3157.
Support should appear near 3092 and the 3045 to 3036 region.
OCTOBER SUGAR
Resistance is near the 1858 to 1865 region. Support should appear near the 1738 to 1731 region.
DECEMBER COTTON
Support should appear near 7601 to 7587 Resistance is at 7763 to 7777.
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
Tuesday June 17, 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.