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FuturesCom
Bi-Weekly Outlook # 378
Sunday Sept 11,2011

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

 

     

 

 

 

 

 

 

 

 

Saturday September 10, 2011
11:00 PM South Florida Beach Time

                         The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 10,680.00 to 10,580.00 region. Below that buyers should appear near 10,360.00 to 10,320.00 and the 10,050.00 to 10,000.00 region
Resistance should appear near 11,300.00 to 11,360.00 and the 11,640.00 to 11,690.00 region    
DEc E-Mini sp500
 Resistance should appear near 1164.00 to 1169.00, a close over is friendly and augurs for a test of
1192.00 to 1203.00. Beyond that sellers should appear near 1232.00 to 1238.00 and the 1268.00 to 1274.00 region. Traders can sell at 1274.00 and risk a close over 1277.00 for three days in a row.
Support should appear near 1136.00 to 1130.00, a close under is negative and augurs for a test
1101.00 to 1096.00. Below that buyers should appear near 1068.00 to 1058.00 then 1036.00 to 1032.00 and the 993.70 to 992.10 region. 


NAsdaq Composite
Resistance should appear near 2511.00 to 2519.00 and the 2552.00 to 2568.00 region.
Beyond that sellers should appear near 2612.00 to 2620.00 and cap a rally.
Support should appear near 2419.00 to 2411.00 and 2370.00 to 2354.00. Below that buyers should appear near 2275.00 to 2267.00

DEc E-Mini NasdaQ 100
 Resistance should appear near 2219.00 to 2226.00 and the 2267.00 to 2275 region. Beyond that a test of 2315.00 to 2322.00 is likely    
Support should appear near the 2134 to 2126 and the 2089.00 to 2080 region. Below that buyers should appear near 2042.00 to 2034.00 and the 1996.00 to 1982 region. Traders can buy at 2045.00 and hold for higher prices..

Dec 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. Below that buyers should appear near 619.00 to 616.50 and 588.00 to 585.50 which should contain a decline.

DEC 30 YR BOND
Resistance should appear near 142-21 and 143-07
Support should appear near 139-07 and 138-21. Below that 137-21 and 136-21 should hold...

DEC 10 yr Note
 Resistance should appear near 131-07. Beyond that sellers should appear near 132-21 and 133-07
Support should appear near 129-21 and 128-21. Below that 127-21 should hold.

 

 


                            The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7939 to 7954 and the 8029 to 8044 region        
Support should appear near 7687 to 7675 , below that a test of 7613 to 7587 is likely.     
 
dec 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                    

dec EURO currency
 Support should appear near 13460 to 13340 and 13100 to 10340.
Resistance should appear near 13770 to 13830 and 14150 to 14210
 
 dec SWISS FRANC
 Resistance should appear near 11640 to 11690   
Support should appear near the 11010 to 10960     

DEC BRITISH POUND
Support should appear near 15760 to 15690 and the 15350 to 15290 region      
Resistance should appear near 16090 to 16150 and 16420 to 16550 region  

DEC CanadIAN Dollar
 Resistance should appear near 10104 to 10136 and the 10320 to 10360 region
Support should appear near 9937 to 9921 and 9837 to 9821 region .

DEC AUSSIE DOLLAR
 Resistance should appear near 10320 to 10360 and 10580 to 10680
Support should appear near 10136 to 10104 and 9937 to 9921 region


                              The Precious Metals
 december gold
 Resistance should appear near 1902 to1909 and 1946 to 1953      
Support is near  1822 to 1808 and 1780 to 1774  Below that buyers should appear near 1738 to 1731
and the 1696 to 1689 region. Trader can buy at 1697 and hold for higher prices.   
DEC COPPER
 Resistance should appear near 41100 to 41200 and 41630 to 41830.   
Support should appear near 39920 to 39820 and the 38650 to 38680 region
     
DEC Silver 
 Resistance should appear near 4238 to 4249 and 4370 to 4381   
Support is at 3867 to 3857 and the 3743 to 3734 region. Under that 3682 to 3663 should contain a decline.                                            
                                 The Exciting Energies  
NOVEMBER CRUDE Oil
Resistance should appear near 8762 to 8777 region.  A close over is friendly and augurs for a test of 8856 to 8871 and the 9044 to 9060 region .Beyond that sellers should appear near 9140 to 9156.
Support should appear near 8499 to 8484 and the 8406 to 8391 region. Traders can buy at 8410 and hold for higher prices. Below that buyers should appear near 8314 to 8300 and the 8134 to 8119 region..

OCTOBER HeaTING Oil
 Support should appear near 28290 to 28200 and the 27750 to 27580 region  
Resistance should appear near the 30360 to 30450 and the 30920 to 310120 region            
OCTOBER UNLEADED Gas
 Support should appear at 26720 to 26630 and the 225680 to 25520 region   
Resistance should appear near 28830 to 28740 and the 29720 to 29900 region  

OCTOBER NATURAL Gas
Support should appear at 3867 to 3858 and the 3682 to 3663 region      
Resistance should appear near 4163 to 4183 and the 4304 to 4315 region                                                                 


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear the 1421 to 1415 and the 1383 to 1377 region . Traders can buy at
1385 and hold for higher prices.
Resistance should appear near the 1453 to 1459 and the 1484 to 1496 region

DECEMBER SOYMEAL
Resistance should appear near 385.8 to 386.7 and the 398.2 to 399.2 region            
Support should appear near 374.3 to 373.4 and the 362.3 to 361.3 region. 

DECEMBER BEAN OIL
Resistance should appear near the 5945 to 5957 region. Beyond that a test of 6023 to 6035 is likely          
Support should appear near 5729 to 5716 and the 5653 to 5640 region. Traders can buy at
 5732 and hold for higher prices.

DEC CORN
Resistance should appear near 776 ¾ to 777 ¾ and the 783 ¾ to 786 ½ region. A close over is friendly and augurs for a test of 793 ¾ to 795 ½ and eventually the 802 ¾ to 804 ½ region     
Support should appear 734 ¼ to 732 ¾ region. Below that buyers should appear near 717 to 714 ¼ and the 683 ¾ to 680 ¾ region.  Traders can buy at 718 and hold for higher prices.  
 
DECEMBER WHEAT
Resistance should appear near 759 ¾ to 760 ¾ and the 776 ¼ to 777 ¾ region
Support should appear 691 ¾ to 690 ¾ and the 675 ½ to 674 ¾ region. 

 

 

 

 

                                              THE LIVELY LIVESTOCK

DEC CATTLE
Support should appear near 11690 to 11640 and the 11360 to 11300 region, which should hold.   
Traders can buy at 11707 and hold for higher prices.
Resistance should appear near 11920 to 12030 and 12320 to 12380

DEC HOGS

Resistance should appear near 8557 to 8587 and the 8667 to 8682 region. Beyond that sellers should appear near 8932 to 8967.  Traders can sell at 8927 and hold for lower prices.   
Support should appear near   

FEB HOGS

Support should appear near 8777 to 8762 and the 8682 to 8667 region... Traders can buy at 8672 and hold for higher prices. . 
Resistance should appear near 9042 to 9062 and the 9137 to 9157 region. Beyond that sellers should appear near 9317 to 9347    Stay tuned for livestock flashes and updates                                     

 

                           The Satisfying Softs
 DEC COFFEE
Support should appear near 26720 to 26630 and the 26200 to 26120 region. Traders can buy at 26130 and hold for higher prices. Below that 25190 to 25110 should hold.  
Resistance should appear near 2800 to 28290 and the 28740 to 28830 region. Beyond that a test of 30360 to 30450 is likely. .. Above that sellers should appear near 31480 to 31570

DEC COCOA
Resistance should appear near 2928 to 2937 and 3036 to 3045  Beyond that sellers should appear near 3092 to 3102           
Support should appear near 2724 to 2716 region . Below that buyers should appear near 2620 to 2612 and contain a decline… Traders can buy at 2625 and hold for higher prices     

 

MARCH SUGAR
Resistance is at 2928 to 2937 and 3036 to 3045. Traders.. Traders can sell at 2927 and risk a close over 3052 for three days in a row.   
Support should appear near 2724 to 2716 and the 2672 to 2663 region    

DEC COTTON
Resistance should appear near 11300 to 11360 and the 11620 to 11690 region
Support should appear 10360 to 10320 and the 10136 to 10104 region.
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Sunday Sept 11, 1:00 PM South Florida Beach Time

Traders should stay tuned for additional flashes and updates for all markets