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FuturesCom
Bi-Weekly Investment Outlook # 376 
  Sunday August 14, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

  

   

Sunday August 14, 2011
3:00 AM South Florida Beach Time
                         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near 11,010.00 to 10,960.00 and the 10,680.00 to 10,580.00 region.
Below that buyers should appear near 10,360.00 to 10,320.00
 Resistance should appear near  11,300.00 to 11,360.00 and the 11,640.00 to 11,690.00 region    
SEPT E-Mini sp500
 Resistance should appear near 1232.00 to 1238.00 and the 1268.00 to 1274.00 region  
Support should appear at near 1136.00 to 1130.00 and the 1101.00 to 1096.00 region.

NAsdaq Composite
Resistance should appear near 2612.00 to 2620.00 and 2663.00 to 2672.00 0
Support should appear near 2469.00 to 2461.00 and the 2370.00 to 2354.00 region  

 SEPT E-Mini NasdaQ 100
 Resistance should appear near 2219.00 to 2226.00 and the 2267.00 to 2275 region   
Support should appear near 2134.00 to 2126.00 and the 2089.00 to 2080 region

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 714.30 to 717.00 and the 732.80 to 734.20 region
Beyond that sellers should appear near 748.60 to 751.30
Support should appear near 667.30 to 665.90 and the 635.00 to 633.00 region

SEPT 30 YR BOND
Resistance should appear near 139-07 and 140-21. Beyond that sellers should appear near 141-21
Support should appear near 133-21 and 131-07. Below that a test of 130-21 is likely.

SEPT 10 yr Note
 Resistance should appear near 131-21 and 132-07. Beyond that sellers should appear near 133-21
Support should appear near 127-07 and 126-21. Below that 125-21 should hold.
                            

 

                            The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513 and the  7587 to 7601 region        
Support should appear near 7428 to 7414 and 7342 to 7328    
 
SEPT JAPANESE Yen
 Resistance should appear near the 13040 to 13100  region. Beyond that sellers should appear near
13340 to 13460.   
Support should appear near the 12740 to 12680 and 12380 to 12320                    

SEPT EURO currency
 Support should appear near 14210 to 14150, a close under augurs for a test of 13830 to 13770   
Resistance should appear near 14390 and the 14530 to 14590 region
 
 SEPT SWISS FRANC
 Resistance should appear near 13040 to 13100 and the 13340 to 13460 region  
Support should appear near  12740 to 12680 and the 12380 to 12320 region     

SEPT BRITISH POUND
Support should appear near 16150 to 16090    
Resistance should appear near 16420 to 16550 region.  

SEPT CanadIAN Dollar
 Resistance should appear near 10104 to 10136 and the 10320 to 10360 region.  
Support should appear near 9937 to 9921 and the 9737 to 9706 region  

SEPT AUSSIE DOLLAR
 Resistance should appear near 10320 to 10360 and 10470
Support should appear near 10136 to 10104 and 10037 to 10021

                         

                                  The Precious Metals
 december gold
 Resistance should appear near 1774 to 1780 and the 1808 to 1822 region. Beyond that a test of 1858 to 1865 is likely       
Support is near 1738 to 1731 and the 1696 to 1689 region.  Traders can buy at 1697 and risk a close under 1637 for three days in a row

SEPT COPPER
 Resistance should appear near 40460 to 40560 and the 41100 to 41200 region. Beyond that sellers should appear near 42380 to 421490. 
Support should appear near 39290 to 39090 and the 38670 to 38580 region. Below that 37430 to 37340 should hold.     
SEPT Silver 
 Resistance should appear near 3929 and 4046 to 4056. Beyond that a test of  the 4110 to 4120 region  
is likely 
Support is at 3867 to 3857 and the 3743 to 3734 region .                                                                     

 


                               The Exciting Energies  
October CRUDE Oil
Resistance should appear near 8668 to 8683 and the 8762 to 8777 region.   A close over is friendly and augurs for a test of 8856 to 8871 and the 9044 to 9060 region  
Support should appear near  8499 to 8484 and the 8406 to 8391 region. Below that buyers should appear near 8314 to 8300… Traders can buy at 8317 and hold for higher prices.
Traders should go long if a close over 8687 occurs

september HeaTING Oil
 Support should appear near 28290 to 28200 and the 2724 to 27160 region  
Resistance should appear near 29720 to 29900 and the 30360 to 30450 region           
september UNLEADED Gas
 Support should appear at 27750 to 27580 and the 26720 to 26630 region   
Resistance should appear near 28830 to 28740 and the 29720 to 29900 region  
september NATURAL Gas
Support should appear at 4056 to 4046 and the 3939 to 3909 region      
Resistance should appear near 4163 to 4183 and the 4304 to 4315 region                                                                 


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear  the 1334 to 1346 region and the 1310 to 1304 region
Traders can buy at 1311 and hold for higher prices.  
Resistance should appear near 1377 to 1383 and the 1415 to 1421 region

DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362 and the 366.3 to 368.2 region.            
Support should appear near 344.4 to 342.5 and the 338.6 to 337.7 region.

DECEMBER BEAN OIL
Resistance should appear near 5492 to 5504 and the 5553 to 5577 region . Beyond that a test of
5716 to 5729 and 5855 to 5880 is likely.         
Support should appear near 5430 to 5418 and the 5356 to 5344 region.  Traders can buy at
 5357 and hold for higher prices.

DEC CORN
Resistance should appear near 724 ¼ to 725 ½ and the 776 ¾ to 777 ¾ region   
Support should appear 700 ¼ to 699 and the 691 ¾ to 690 ¾ region.  
Traders can buy at 692 ½  and hold for higher prices.

DECEMBER WHEAT
Resistance should appear near region 732 ¾ to 734 ½ is likely a close over is friendly and augurs for a test of 759 ¾ to 760 3/4.
Support should appear 700 ¼ to 699 and the 683 ¾ to 680 region. Traders can buy at 717 ¾  and hold for higher prices. Aggressive traders can buy at 692 ¾ for the pull .. 
Traders should go long if a close over 743 occurs.                             

                                              THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 12030 to 11920 and 11690 to11640.
Traders can buy at 11817 and hold for higher prices.

Resistance should appear near 12185 and the 12320 to 12380 region.   Trade accordingly

OCTOBER HOGS

Resistance should appear near 9037 to 9067 a close over is friendly and augurs for a test of 9317 to 9347 and the 9522 to 9542 region.   Beyond that sellers should appear near 9707 to 9737
Support should appear near 8872 to 8857 and the 8682 to 8667 region. Traders can buy at 8687 and hold for higher prices.     Traders should go long if a close over 9067 occurs.

DECEMBER HOGS

Resistance should appear near the 8857 to 8872 region. Beyond that sellers should appear near 9042 to 9062 and the 9137 to 9162 region. .
Support should appear near 8592 to 8562. Below that buyers should appear near 8407 to 8392
Stay tuned for livestock flashes and updates                       

                     

                           The Satisfying Softs
DEC COFFEE
Support should appear near 23220 to 23150 and the 22750 to 22670 region , Traders can buy at 23250 and hold for higher prices. Below that 21850 to 21700 should hold.  
Resistance should appear near 24610 to 24690 and 25520 to 25680, a close over is friendly and augurs for a test of 26120 to 26200 and eventually the 26630 to 26720 region.

DEC COCOA
Resistance should appear near 2972 to 2990 and 3036 to 3045          
Support should appear near 2775 to 2758 and 2672 to 2663    

 

OCT SUGAR
Resistance is at 2829 to 2829 and the 2972 to 2990 region.
Traders can sell at 2970 and hold for lower prices.  
Support should appear near 2724 to 2716 and the 2672 to 2663 region.
Below that a test of 2568 to 2552 is likely.   

DEC COTTON
Resistance should appear near 10320 to 10360 and the 10580 to 10680 region.
Beyond that sellers should appear near 11620 to 11690
Support should appear 9347 to 9316 and the 9060 to 9044 region.
Traders can buy at 9350 and hold for higher prices.
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Sunday August 14, 20 8:00 AM South Florida Beach Time