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FuturesCom
Bi-Weekly Investment Outlook # 375 
  Sunday July 31, 2011 

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

 

  

   
Saturday July 30, 2011
6:00 AM South Florida Beach Time
                         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near 12,030.00 to 11,920.00 and the 11,690.00 to 11,640.00 region.
Resistance should appear near 12,320.00 to 12,380.00   
SEPT E-Mini sp500
 Resistance should appear near 1304.00 to 1310.00 and 1334.00 to 1346.00
Traders can sell at 1334.00 and risk a close over 1347 for three days in a row.   
Support should appear at near 1274.00 to 1268.00 and the 1238.00 to 1232.00 region.
Traders can buy at 1238.75 and risk a close under 1231 for three days in a row.


NAsdaq Composite
Resistance should appear near 2775.00 and 2820.00 to 2829.00
Support should appear near 2724.00 to 2716.00 and 2672.00 to 2663.00.

SEPT E-Mini NasdaQ 100
 Resistance should appear near the 2411.00 to 2419.00 region. Beyond that sellers should appear near 2461.00 to 2469.00.  
Support should appear near 2322.00 to 2315.00 and the 2275.00 to 2267.00 region.
Traders should go long if a close over 2371 occurs.

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 802.90 to 804.40.Beyond that sellers should appear near
830.00 to 831.40.
Support should appear near 786.40 to 783.60 and 777.70 to 776.30. Below that buyers should appear near 751.30 to 748.60.   Traders should go long if a close over 804.50 occurs

SEPT 30 YR BOND
Resistance should appear near 129-07 and 130-21. Beyond that sellers should appear near 131-07
Support should appear near 127-21 and 127-07. Below that a test of 126-21 and 126-07 is likely.

SEPT 10 yr Note
 Resistance should appear near 126-21 and 127-07. Beyond that sellers should appear near 127-21
Support should appear near 125-07 and 124-21. Below that 124-07 should hold.                          

 

                            The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near  7414 to 7428 and 7486 to 7513        
Support should appear near 7342 to 7328 and 7255 to 7242    
 
SEPT JAPANESE Yen
 Resistance should appear near the 13040 to 13100  region. Beyond that sellers should appear near
13340 to 13460. Traders can sell at 13399 and risk a close over 13467 for three days in a row.  
Support should appear near the 12740 to 12680 region.                    

SEPT EURO currency
 Support should appear near 14210 to 14150.   
Resistance should appear near 14390 and the 14530 to 14590 region
Traders should go long if a close over 14390 occurs
 
 SEPT SWISS FRANC
 Resistance should appear near 13040 to 13100.  
Support should appear near 12380 to 12320    

SEPT BRITISH POUND
Support should appear near 16285 and 16150 to 16090. Traders can buy at 16297 and hold for higher prices. 
Resistance should appear near 16420 to 16550 region.  

SEPT CanadIAN Dollar
 Resistance should appear near 10470 and the 10580 to 10680 region.  
Support should appear near 10360 to 10320 and 10237. Traders can buy at 10371 and hold for higher prices.   Traders should go long if a close over 10477 occurs

SEPT AUSSIE DOLLAR
 Resistance should appear near 11300 to 11360
Support should appear near 10820 and 10680 to 10580

.
                               The Precious Metals
 december gold
 Resistance should appear near 1642 to 1655 and 1689 to 1696.     
Support is near 1615 to 1609 and 1576 to 1569.
SEPT COPPER
 Resistance should appear near 45030 to 45140 region. Beyond that a test of 45710 to 45820 is likely. 
Support should appear near 43810 to 43700 and the 43150to 43040 region    
SEPT Silver 
 Resistance should appear near 4046 to 4056 and the 4110 to 4120 region  
Support is at 3867 to 3857 and the 3743 to 3734 region .                                           

                                 The Exciting Energies  
Sept CRUDE Oil
Resistance should appear near 9706 to 9737.  A close over is friendly and augurs for a test of 10104 to 10136
Support should appear near 9542 to 9526. Traders can buy at 9547 and hold for higher prices. Below that buyers should appear near 9347 to 9316 and the 9060 to 9044 region.

Traders should go long if a close over 9741 occurs


september HeaTING Oil
 Support should appear near 30920 and the 30450 to 30360 region.
Resistance should appear near 31480 to 31570 and the 31940 to 32130 region          
september UNLEADED Gas
 Support should appear at 30450 to 30360 and the 29370 to 29280 region.  
Resistance should appear near 31480 to 31570, a close over is friendly and augurs for a test of 32610 to 32700 and the 33190 to 33280 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 1347 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 5716 to 5729 and 5855 to 5880         
Support should appear near 5577 to 5553 and the 5504 to 5492 region

DEC CORN
Resistance should appear near 707 ½ to 708 ¾ and the 724 ¼ to 725 ½ region. 
Support should appear 667 ¼ to 665 ¾.Below that support should appear near 635 to 633 ¾
Traders can buy at 635 ¾ 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 684 and hold for higher prices.  Below that buyers should appear near 667 ¼ to 665 ¾. Aggressive traders can buy at 668 for the pull ..                      
                                              THE LIVELY LIVESTOCK

OCTOBER CATTLE

Support should appear near 11690 to11640 and the 11360 to 11300 region.
Traders can buy at 11697 and hold for higher prices.

Resistance should appear near 11690, a close over is friendly and augurs for a test of the 11920 to 12030 region.   Trade accordingly

 

OCTOBER HOGS

Resistance should appear near 9317 to 9347, a close over is friendly and augurs for a test of 9427 to 9447 and the 9522 to 9542 region.   Beyond that sellers should appear near 9707 to 9737
Support should appear near 9157 to 9137. Traders can buy at 9162 and hold for higher prices.
Below that buyers should appear near the 9062 to 9042 region. 

Traders should go long if a close over 9347 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 8682 to 8667 and the 8592 to 8562 region. Below that buyers should appear near 8407 to 8392
Stay tuned for livestock flashes and updates

 

 


                                 

 

 

                        

 

                           The Satisfying Softs
SEPT COFFEE
Support should appear near 23220 to 23150 and the 22750 to 22670 region , traders can buy at 22770 and hold for higher prices
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.

SEPT COCOA
Resistance should appear near 3194 to 3213 and the 3261 to 3270 region.          
Support should appear near 3102 to 3092 and 3045 to 3036 region    

 

OCT SUGAR
Resistance is at 3036 to 3045 region. Beyond that sellers should appear near
3148 to 3157 and the 3261 to 3270 region.
Support should appear near 2829 to 2820 and the 2724 to 2716,region.  

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.
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Sunday July 31, 20 6:00 AM South Florida Beach Time
Traders should stay tuned for flashes and updates