Morning Investment and Day Trading Comments Tuesday July 22, 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
Monday July 21, 2014
12:00 Noon South Florida Beach Time
Traders should stay nimble and stay tuned for flashes and updates
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear remains near 16,960.00 to 16,890.00, a close under is negative and augurs for a test of 16,550.00 to 16,420.00 where buyers should appear and contain a decline.
Resistance is at 17,135.00 and the 17,310.00 to 17,380.00 region.
DOW JONES TRANSPORTS
Support should appear near 8314.00 to 8300.00, below that buyers should appear near
8044.00 to 8029.00
Resistance is at 8391.00 to 8406.00 and 8484.00 to 8499.00
SEPTEMBER E-MINI SP500
Resistance is at 1982.00 to 1992.00.
Support should appear near 1953.00 to 1946.00.
Aggressive BW Traders should go short if a close under 1945.50 occurs.
NASDAQ COMPOSITE
Resistance should appear at 4446.00 and 4503.00 to 4514.00.
Support should appear near 4381.00 to 4370.00 and 4315.00 to 4304.00.
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3909.00 and 3867.00 to 3858.00
Resistance is at 3982.00 to 3992.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1150.00 and 1164.00 to 1169.00
Support should appear near 1136.00 to 1130.00 and 1101.00 to 1096.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 139-07 and 139-21
Support should appear near 138-08 and 137-21
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-21 and 126-06
Support should appear near 124-22 and 124-08
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 and 10021 to 10037.
Support should appear near 9837 to 9821.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region.
Resistance is at 13615 and 13690. BW Traders can sell at 13687 and hold for lower prices
SEPTEMBER SWISS FRANC
Resistance should appear near 11155 and 11227.
Support is near 11088 and the 11010 to 10960 region.
SEPTEMBER BRITISH POUND
Support should appear near 16960 to 16890.
Resistance should appear near the 17310 to 17380 region.
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9316 to 9347
Support should appear near 9237 and 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9316 and 9227
Resistance should appear near 9387 and 9429 to 9445.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1322.0 and 1334.0 to 1346.0
Support should appear near 1310.0 to 1304.0 and 1289.0
SEPTEMBER COPPER
Resistance should appear near 32130 and 32610 to 32700
Support should appear near 31570 to 31480 and 31020 to 30920
SEPTEMBER SILVER
Support should appear near 2042 to 2034
Resistance is at 2126 to 2134
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 9921 to 9937 and 9837 to 9821
Resistance should appear near 10021 to 10037
SEPTEMBER BRENT CRUDE OIL
Resistanceshould appear near 10820 and 10960 to 11010
Supportshould appear near 10680 to 10580
SEPTEMBER HEATING OIL
Support should appear near should appear near 28310 to 28200
Resistance should appear 28740 to 28830
SEPTEMBER UNLEADED GAS
Support should appear 28290 to 28200
Resistance should appear near 28730 to 28830
SEPTEMBER NATURAL GAS
Resistance should appear 4.046 to 4.056 and 4.110 to 4.120
Support should appear near 3.743 to 3.734 and 3.682 to 3.663
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1169 to 1164
Resistance should appear near 1192 to 1203
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058 and 1036 to 1032
Resistance should appear near 1080 and 1092 to 1101
AUGUST SOYOIL
Support should appear near 3563 to 3553
Resistance should appear near 3663 to 3682
AUGUST SOYMEAL
Resistance should appear near 385.8 to 386.7
Support should appear near 368.2 to 366.3 and 362.3 to 361.3
DECEMBER SOYMEAL
Resistance should appear near 349.3 to 350.3
Support should appear near 338.6 to 337.7
SEPTEMBER CORN
Support should appear near 344 ¼ to 342 ½
Resistance should appear near 366 ¼ to 368 ¼ and 373 ½ to 374 ¼
SEPTEMBER WHEAT
Support should appear near 521 ¼ to 520 and 513 ¾ to 512 ½.
Resistance should appear near 534 ½ to 535 ¾ and 541 ¾ to 543
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 15290 and 15132
Resistance should appear near 15427 and 15522
OCTOBER CATTLE
Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760
AUGUST HOGS
Support should appear near 12380 to 12320 which should hold
Resistance should appear near 12680 to 12740, a close or sustained trade over is friendly and augurs for a test of 13040 to 13100
OCTOBER HOGS
Support should appear near 11227 and 11157
Resistance should appear near 11300 to 11360 and 11500
DECEMBER HOGS
Support should appear near 10360 to 10320 and 10187
Resistance should appear near 10470 and 10580 to 10680
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17740 to 17800.
Support should appear near 16960 to 16890
SEPTEMBER COCOA
Resistance should appear near 3148 to 3157
Support should appear near 3045 to 3036
OCTOBER SUGAR
Resistance is near 1774 to 1783, beyond that a test if 1808 to 1822 is likely
Support should appear near 1713 and the 1696 to 1689 region.
DECEMBER COTTON
Support should appear near 6755 to 6743 and 6673 to 6659
Resistance is at 6990 to 7003 and 7074 to 70988
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
Monday July 21, 2014 2:20 PM South Florida Beach Time
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