Early Support is 8712 to 8708, aggressive day traders can buy at 8712 for a quick bounce. Below that 8664 offers support. Traders can go long at 8664 for a turn higher. Risk a close under 8589 for three days in a row. Below that support is at 8516 and 8499 to 8485 under that 8406 should hold.
 

Resistance is at 8762 to 8777, a close over 8777 augurs for a test of 8934 and 8996. Beyond that resistance is at 9044 to 9060. Above that good sellers should appear at 9140 to 9156. Traders should sell short at 9140 for a turn lower, risk a close over 9156 for two days in a row..

Early Resistance is at 6200, a close over augurs for a test of 6257 to 6270. Traders can sell at 6270 for a turn lower, risk a close over 6337 for two days in a row.

Support is at 6190 to 6165 and 6150. A close under 6150 augurs for a test of 6113 to 6101 and 6035 to 6023. Below that support is at 5957 to 5945. Where traders can buy at 5957 and hold for higher prices.

Resistance is at 7659 to 7670 and 7689. Beyond that resistance is at 7709. A close over 7709 augurs for a test of 7763 to 7777 where good resistance should appear and cap a rally.. Traders cans sell short at 7770, risk a close over 7777.

Support is at 7609 and 7570 to 7559. A close under 7559 augurs for a test of 7513 to 7486. Below that support is at 7428 to 7414 and 7342. Traders can buy at 7342 for a good bounce, risk a close under 7328 for three days in a row.

Resistance is at 1.7052 and 1.7116 to 1.7134, A close over 1.71540 augurs for a test of the 1.73210 to 1.7380 region which should cap a rally for now. Traders can sell short at 1.7310 risk a close over 1.7400 for two days in a row.

Support is at 6472 to 6465 and 6422. Traders can buy at 6422, risk a close under 6417 for three days in a row. Below that 6350 to 6337 should hold.

Resistance is at 6483 and 6509. Above that resistance is at 6522. A close over 6522 augurs for a test of 6577 to 6591. Beyond that 6673 offers resistance. Traders can sell at 6673 for a turn lower, risk a close over 6741.

Support is at 299.90 and 297.20. Traders can Buy at 298.10 and risk a close under 297.10 for three days in a row. Below that support is at 294 and 287.5

Resistance is at 303.6 and 304.80 to 3205.30. However a close over 303.60 augurs for an eventual test of 307.50 then 313.50. A close over 313.50 augurs for a test of 317.50 to 319.40 Where good resistance should cap a rally ...Trade accordingly.

**Traders should go long/ add if a close over 303.60 occurs.

Nearby Support is at 7430 and 7415 . Below that Traders can buy at 7390 for a turn higher. Risk a close under 7310 for two days in a row. Below that support should appear at 7255 to 7240 and 7110

Early Resistance is at 7510 and 7540. A close over 7540 augurs for a test of 7610 and 7650 to 7710. A close over 7710 indicates a trade higher towards resistance at 7770 then 7910 to 7945...

* Traders should go long if a close over 7510 occurs..

Support is at 344.5 and 343.80 to 341 where it should hold basis the close. Below that support is at 334.5 to 332.

Resistance is at 351.2 and 354. A close over 354 augurs for a test of 367. Beyond that a trade to 375 is likely.

On the DownSide: Support is at 488.5 to 487. Below that good buyers should appear at 483.5 and 481 and stop a decline. Below that Support is at 471.5 to 469.5.

On the Upside. Nearby Resistance is at 503 to 506 a close over 506 is friendly for a spurt towards the 520 to 523 region. Beyond an eventual test of 550 then 575 is likely.

Trade Accordingly.

Support is at 1421 to 1415. Below that support is at 1396 then 1384 to 1377 Beneath that Buyers should support the mkt. near the 1346 to 1334 region. Under that 1310 to 1304 should hold.

Resistance is at 1434 to 1436. A close over 1436 augurs for a test of 1446 and eventually 1471. Beyond that resistance is near 1484 to 1496 and 1529 to 1535. A close over 1535 is bullish for a test of 1569 to 1576 and eventually 1609 to 1615..

Trade Accordingly

Support is at 4355 to 4335 Below that support is at 4235 should hold.

Resistance is at 4435 to 4460. A close over 4460 is friendly and augurs for a test of 4535 to 4556. Above that resistance is near 4600. A close over 4600 augurs for a test
of 4717. Beyond that 4845 to 4860 offers good resistance , traders can go short at 4845, risk a close over 4935 for three days in a row.

Resistance is at 4080 to 4110. A close over 4110 augurs for a test of 4210 and most likely 4240 to 4256. A close over 4256 is friendly and indicates a rally towards 4425 to 4445 and Beyond towards 4600

Support is at 399 and 3915 to 3900 . Below that support is at 3880. Traders should consider a slip to the 3880 region as a buying opportunity and go long if a dip to 3870 occurs.

Support is at 555 1/2 and 553 1/2 Below that good support is at 546. Traders can buy at 546 for a turn higher, Risk a close under 530 for two days in a row.

Resistance is at 559 to 561 1/2. A close over 561 augurs for a test of 572 to 573. Beyond that a test of 583 to 586 is likely. Be long...

Support is near 138.1 Traders can go long at 138.3 for a good bounce, risk a close under 131. 0
Resistance is at 146.1 to 147.7 beyond that good sellers should appear at 150.5. a close over 150.5 augurs for an eventual test of 167...

Support is at 2469 to 2461, traders can go long at 2469 for a good bounce, risk a close under 2442 for two days in a row. Below that Support should appear near the 2419 to 2411 region . Below that 2398 should hold.

Resistance is at 2498, a close over augurs for a test of 2511 to 2520. Beyond that a test of 2552 to 2568 is likely. A close over 2568 augurs for a test of 2612 , traders can sell short at 2612 for a turn lower , risk a close over 2620 for three days in a row.

Support is at 223 1/2, a close under 223 augurs for a test of 219 3/4 to 218. Traders can go long at 219 , risk a close under 218 for two days in row.

Resistance is at 228 1/2 to 229 1/2. A close over 229 3/4 indicates at test of 233 to then 239. Traders can go short at 239, and hold for lower prices.

Resistance is at 298 3/4 beyond that resistance is at 303 3/4 to 304 1/2 . a close above 305 is friendly for a test of 311 and 315 to 317. Traders can go short at 317 for a turn lower, risk a close over 322 for two days in a row.

Support is at 292 1/2 , traders can buy at 293 for a turn higher , risk a close under 286 for two days in a row. Below that support is at 281 to 279 under that 273 to 267 should contain a break...

Support is at 6800 and 6755, if that fails the 6720 to 6705 region should attract buyers. Traders can buy at 6755, risk a close under 6670 for three days in a row. If that fails a decline to 6590 to 6550 should hold.

Resistance is 6895 to 6920. A close over 6920 augurs for a test of 7050. Beyond that resistance at 7150 and 7235. A close over 7235 augurs for a test of 7415 to 7430.
Traders should go long if a close over 6920 occurs.

Support is at 786 to 780. Below that 767 to 763 and 751 should hold.
Traders can go long at 786, risk a close under 763 for three days in a row.

Resistance is at 791 to 795, a close over 795 is friendly for test of the 814 to 823 region where good resistance may appear. Beyond that resistance is at 831 and 847 to 852 then 877 to 882. A close over 882 augurs for a test of 907 to 912, traders can sell short at 912 , risk a close over 922 for three days in row

* Traders should go long using a 799 Buy stop.

On the downside, Early support is at 103.80 to 103.00 and 102.70. Traders should buy at 103.85. risk a close under 101.05 for two days in a row. Below that support is at 9995 / 9920. A extended close Under 9990 augurs for a test of 9860 to 9820 , Below that 9735 to 9705 should hold. If a steep decline occurs traders should buy at 9545 and Hold...

On the Upside, Early Resistance is at 105.80 and 106.35 to 106.80 and 107.70. A close over 107.70 augurs for test of 108.30 and 109.60 to 110.10. Beyond that resistance is at 113. to 113.60 then 115.10 and 116.40 to 116.90 Traders can Go Short at 116.40, risk a close over 119.20 for three days in a row.

Resistance is at 1553. Beyond that 1569 to 1576 offers resistance. A close over 1576 augurs for a test of 1595 then 1609/ 1615 to 1625. A close over 1625 indicates a test of 1642 to 1655. A close over 1655 augurs for a spurt to 1689 to 1696 and 1704. Traders can sell short at 1702 , risk a close over 1738 for three days in a row.

**Traders should go long if a close over 1576 occurs.

Support is at 6530 and 6497. A close under 6477 augurs for a slip to 6427 to 6417 Traders can buy at 6417 for a bounce, risk a close under 6337 for three days in a row.

Resistance is at 6567 and 6597 to 6622. A close over 6622 augurs for an eventual test of 6682 and 6742. Beyond that a test of 6812 is likely.

Support is at 4137 then 4102 to 4092. Traders can Go long at 4102 and hold for higher prices, risking a close under 4042 for three days in a row. Below that 3992 offers Good support. Traders should Go long at 3992 and risk a close under 3902 for three days in a row.

Resistance is at 4192. A close over 4192 augurs for a test of the 4292 to 4302 region. Traders can Sell Short at 4292 and risk a close over 4382 for two days in a row. Beyond that resistance is at 4422 and 4502 to 4512.

Support is at 4482 and 4442, traders can Go long at 4482 , risk a close under 4367 for three days in a row . Below that 4247 to 4237 should hold.

Resistance is at 4582 and 4642 then 4682, a close over 4682 is friendly for a test of
4717 and 4775m to 4787. Beyond that 4845 and 4912 offer resistance.

Nearby Support is at 4807 and the 4717 to 4710 region. Below that support is at 4662 Where it should hold. Traders should Buy at 4662 and risk a close under 4502 fore three days in a row. Under That a decline to the 4400 and 4250 regions should be considered a buying opportunity..

Resistance is at 4912 to 4927 and 4957 to 4972. A close over 4977 augurs for a test of 5107. Beyond that resistance is at 5212. A close over 5217 for a test of 5347 then 5447 and eventually 5500 to 5627. Stay tuned for Updates in the Meat Complex..

--From the Frying Pan into the Fire--

On The DownSide, Nearby Support is 129-28. A close under 129-28 augurs for a test of 129-02 to 128-28 /128-26. Traders can buy at 128-26 for a two day bounce, risk a close under 128-06 for two days in a row. Below that support is at 127-27 and 127-17 then 127-04.

On the Upside: Resistance is at 130-26 to 130-28 . Above that resistance is at 131-11 then 131-28 to 132-09 which should cap a rally for a bit. Traders can sell short 132-09, risk a close over 133-02 for two days in a row. Beyond that 133-28 and 134-17 offer resistance.

On the DownSide, Support is at 1063.80 , aggressive traders can go long at 1063.80, risk a close under 1058 for two days in a row. A slip under 1058 augurs for a test of 1047.00 Below that 1039.40 to 1038.00 and 1036 should hold. Traders can Buy at 1039.40 and Hold.....A close under 1036 indicates a test of 1030. Below that support is at 1021.90 and 1018.50 , under that 1008.60 should contain a break...for now on a closing basis.

On the Upside, Resistance is at 1071.60 to 1072.30. A close over 1072.40 augurs for a test of 1082 and 1086.90 Where good sellers should show up at. An extended trade or close over 1087 augurs for a test of the 1096 and 1101 to 1102.20. A close over 1102.50 augurs for a likely test of 1110.40 and 1115.50 to 1118.20. A close over 1115.50 augurs for an eventual test of 1130 to 1136 Which should cap a rally, Traders can sell short at 1133.50. Initially Plan on Risking a close over 1136 for three days in a row., Stay Tuned for Updates and Flashes...

Support is 8406 to 8391, a slip under 8390 augurs for a test of 8324 and 83214 to 8300 A close under 8324 augurs for a test of 8223 to 8194 then 8134 to 8119 where it should hold basis the close. However a close under 8119 augurs for a test of 8044 to 8029 which should stop a decline for now.

Resistance should first appear at 8484 to 8499 and 8529.5. A close over 8530 augurs for a test of 8560 to 8589 then 8668 and the 8683 to 8691 region . Beyond that 8762 to 8777 should cap a rally for now.