Bi-Weekly Investment Outlook Newsletter 2013 | FuturesCom Market Research and Media Content

Bi-Weekly Investment Outlook by FuturesCom – Newsletter # 423 June 02 2013 Equity Indices – Treasuries – Forex – Currency Trading with Precious Metals – Energy – Grains – Livestock – Coffee – Sugar- Cocoa – Cotton comments

Jun 022013

FuturesCom Bi-Weekly Investment Outlook # 423 June 02 2013 SP500 and Equity Indices • Bonds • Currency Trading • Forex • Precious Metals • Energy • Grains • Livestock • Coffee • Sugar • Cocoa • Cotton. Free Two Week Trial see https://futurescom.com/free-trial-2

“The best thing about the future is that it comes one day at a time”. — Abraham Lincoln –

Saturday June 1, 2013 11:00 PM South Florida Beach Time

US Stocks closed lower on Friday with the Dow Jones Industrial Average closing rather sloppy for the last day of trading of the month. Additionally increased selling pressure was seen in the last hour of trading. Aggressive traders should be prepared for tests of slightly lower levels and more volatility while trading ranges are established. Treasury futures moved lower with rates increasing a bit, new contract lows for June 2013 Treasury Futures were set last week. Expect more range bound to lower action on Euro, the US Dollar can strengthen into June and July. Dollar- Yen (USD/JPY) remains bullish with caution. Traders should consider the Japanese Yen futures as a trading affair for the near term, nothing has changed. Swiss Franc appears to be in a trading range, nothing has changed, if more selling occurs and it appears its more likely than not that it will over the long term. A range of 10580 on top and 9700 under the mkt appears likely. Typically the weakest part of the year for Swiss Futures is still in front of the market during June and July. The British Pound is a trading affair. The British Pound is essentially at the same levels it has been for years and is likely to stay in this range. Aggressive traders can buy a sharp decline for a trade as well as selling excessive strength. No change to the Canadian Dollar posture, selling rallies is preferred for the long term. A topside level for USD/CAD near 10580 to 10680 appears more likely than not. Therefore buying Canadian Dollar futures should be on extreme weakness. The Kiwi has fallen apart and lower levels appear likely, the Aussie Dollar continued its decline, remains a mess and indicates that lower prices are in front not behind it.

Traders should note Bi-Weekly Outlook analysis for Forex markets will move to September in this issue. Daily Morning Comments will roll the analysis at the end of this week. Meanwhile Gold and Silver recovered a bit once again and appear to be failing again, nothing has changed. Crude Oil closed the week sloppy and sits near year the year-end 2012 levels. Geopolitical issues are lurking in the background and may provide support and hurricane season has begun. Consider Crude a trading affair and stay tuned for BW and Day Trade Flashes. The Grain Markets continue to digest planting delays, weather and price. Soybeans and soymeal ran up and are now weather markets and should be traded short term only. Traders can use day trades from both sides. Sell a rally in Wheat … Hogs are a trading affair as is Live Cattle. Cattle can become seasonally sloppy to weak into mid-June and appears to have broken longer term trends, is not cheap and downside risk has increased. Stay tuned for Livestock Flashes. Coffee is a mess, remains lower on the year and year over year. Sugar tends to strengthen into July. Buying October Sugar for a bounce should work, Cocoa acts lousy, sell an early rally. Traders can buy September Mini SP500 at 1577.50 for a turn higher if blood begins to run a bit. .

Stay tuned for updates and flashes in All Markets. On the Nitty Gritty

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near the 14,960.00 to 14,840.00 region. Below that buyers should appear near

14,715.00 and the 14,590.00 to 14.530.00 region.

Resistance should appear near 15,125.00 and the 15,290.00 to 15,350.00 region. Beyond that sellers

should appear near 15,520.00 and the 15,690.00 to 15,760.00 region.

JUNE E-MINI SP500

Resistance should appear near 1642.00 to 1655.00 then 1672.00 and the 1689.00 to 1696.00 region.

Support should appear near 1615.00 to 1609.00 and the 1576.00 to 1569.00 region.

Traders can buy at 1592 for a bounce and risk a close under 1574 for three days in a row.

NASDAQ COMPOSITE

Resistance should appear near 3493.00 to 3503.00 and the 3553.00 to 3583.00 region and should

bring out sellers and cap a rally.

Support should appear near 3443.00 to 3425.00 and the 3388.00 to 3377.00 region. Below that a test

of 3328.00 to 3319.00 is likely and should hold.

JUNE E-MINI NASDAQ 100

Support should appear near the 2937.00 to 2928.00 region. Below that buyers should appear near

2883.00 to 2874.00 and should contain a decline. Traders can buy at 2905 and risk a close

2873 for three days in a row.

Resistance should appear near 2992 and the 3036.00 to 3045.00 region. A close over is friendly and

augurs for a test of the 3092.00 to 3102.00 and should cap a rally for a bit.

JUNE E-MINI RUSSELL 2000

Resistance should appear near 982.10 to 983.70 and the 992.10 to 993.70 region. Beyond that sellers

should appear near 1002.10 to 1003.70 and cap a rally.

Support should appear near 973.70 to 970.60. Below that buyers should appear near 964.10 to 962.50

and the 954.20 to 952.60 region.

Stay tuned for flashes

SEPT 30 YR BOND

Resistance should appear near 141-07 and 141-21. Beyond that a test of 142-07 is likely. Traders can

sell at 142-07 and risk a close over 142-22 for three days in a row.

Support should appear near 139-21 and 138-07. Below that a trade towards 137-21 and 137-07 is

likely. .

SEPT 10 YR NOTE

Resistance should appear near 130-07 and 131-21, beyond that sellers should appear near 132-07

and cap a rally.

Support should appear near 128-21 and 128-07. Below that a test of 127-07 and 126-21 is likely.

THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 8391 to 8406 and the 8484 to 8499 region.

Support should appear near the 8314 to 8300 region. Traders can buy at 8317 and risk a close under

8299 for three days in a row.

SEPT JAPANESE YEN

Resistance should appear near 10021 to 10037 and the 10104 to 10136 region.

Support should appear near 9936 to 9921, a close under is negative and augurs for a test of the

9837 to 9821 region. Below that a test of 9737 to 9706 is likely.

SEPT EURO CURRENCY

Support should appear near 12890 and the 12740 to 12680 region. A close under is negative and

augurs for a test of 12380 to 12320.

Resistance should appear near 13040 to 13100 and 13157.

SEPT SWISS FRANC

Resistance should appear near 10470 and the 10580 to 10680 region, which should cap a rally.

Support should appear near 10360 to 10320, a close under is negative and augurs for a test of 10136

to 10104 and the 10037 to 10021 region.

SEPT BRITISH POUND

Support should appear near 15125 and the 14960 to 14840 region.

Resistance should appear near resistance should appear near 15290 to 15350 and the 15690 to

15760 region.

SEPT CANADIAN DOLLAR

Resistance should appear near 9625 to 9641 and the 9706 to 9737 region. Traders can sell at 9702

and risk a close over 9742 for three days in a row. Beyond that sellers should appear near 9821 to

9837 and cap a rally.

Support should appear near 9542 to 9526, a close under is negative and augurs for a test of 9445 to

9429 and eventually the 9347 to 9316 region. Traders can buy at 9351 and risk a close under 9312 for

three days in a row. Traders can go short if a close under 9521 occurs

SEPTEMBER AUSSIE DOLLAR

Support should appear near 9445 to 9429, a close under is negative and augurs for a test of the 9347

to 9316 region.

Resistance should appear near 9526 to 9542 and the 9625 to 9641 region. Beyond that sellers should

appear near the 9706 to 9737 region

Stay Tuned for Forex Flashes

THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near the 1415 to 1421 region. Beyond that sellers should appear near 1453

to 1459. Aggressive Traders can sell at 1415.00 and risk a close over 1422 for three days in a row.

Support is near 1383 to 1377, a close under is negative and augurs for a test of 1346 to 1334, below

that a test of 1322 and the 1310 to 1304 region likely… Under that buyers should appear near 1274.00

to 1268.00

JULY COPPER

Resistance should appear near 33190 to 33280 and the 33770 to 33860 region. Beyond that sellers

should appear near 34250 to 34430 and cap a rally.

Support should appear near 32700 to 32610, a close under is negative and augurs for a test of the

32130 to 31940 region and eventually the 30450 to 30360 region.

JULY SILVER

Resistance should appear near 2315 to 2322 and the 2354 to 2370 region. Beyond that sellers should

appear near 2411 to 2419 and the 2461 to 2489 region and cap a rally.

Support is at 2185 to 2170. Below that a test of 2134 to 2126 is likely. Failure there is negative and

augurs for a test of 2042 to 2034. Below that buyers should appear near 1996 to 1982 and contain a

decline.

Stay Tuned For Flashes …

THE EXCITING ENERGIES

AUGUST CRUDE OIL

Resistance should appear near 9316 to 9347 and the 9429 to 9445 region Beyond that sellers should

appear near 9706 to 9737 and cap a rally.

Support should appear near 9156 to 9140, a close under is negative and augurs for a test of 9060 to

9044 and the 8964 to 8934 region. Below that buyers should appear near 8683 to 8668…

JULY HEATING OIL

Support should appear near the 27750 to 27580, a close under is negative and augurs for a test of the

27240 to 26160 region. Below that buyers should appear near 26720 to 26630 and 26200 to 26120.

Resistance should appear 28200 to 28290 and the 29280 to 29370 region. Beyond that sellers should

appear near 30360 to 30450 and cap a rally.

JULY UNLEADED GAS

Support should appear near 26720 to 26630 and the 26200 to 26120 region. Below that buyers should

appear near 25680 to 25520.

Resistance should appear near 27580 to 27750 and the 28200 to 28290 region. Beyond that sellers

should appear near 28740 to 28830 and cap a rally.

JULY NATURAL GAS

Resistance should appear at 4046 to 4056 and 4110 to 4120.

Support should appear near 3929 to 3909 and 3867 to 3858.

THE GRANDE’ GRAINS

JULY SOYBEANS

Support should appear near 1496 to 1484 and the 1459 to 1453 region, which should hold.

Resistance should appear near 1529 to 1535, beyond that sellers should appear near 1569 to 1576

region and cap a rally.

NOVEMBER SOYBEANS

Support should appear near 1274 to 1268 and 1238 to 1232. Below that buyers should appear near

1203 to 1192 and contain a decline.

Resistance should appear near 1304 to 1310 and the 1334 to 1346 region. Beyond that sellers should

appear near 1377 to 1383 and cap a rally.

JULY SOYOIL

Resistance should appear near 4845 to 4856 and 4915 to 4926. Beyond that sellers should appear

near the 4973 to 4995 region and cap a rally.

Support should appear near the 4785 to 4775 region. Below that a test of 4717 to 4695 is likely.

JULY SOYMEAL

Resistance should appear near 450.3 to 451.4 and the 457.1 to 458.2 region. Beyond that sellers

should appear near 463.9 to 465.0 and cap a rally.

Support should appear near 444.6 to 442.5, a close under is negative and augurs for a test of 438.1 to

437.0 and the 431.6 to 430.4 region.

JULY CORN

Support should appear 643 to 641 ¼ and 635 to 633 ¾… Below that a test of 627 to 625 ¾ is likely.

Resistance should appear near 665 ¾ to 667 ¾ and 674 ¼ to 675 ½. Beyond that sellers should

appear near 680 ¾ to 683 ¾.

DECEMBER CORN

Support should appear 557 ¾ to 555 ¼ and the 543 to 541 ¾ region. Below that buyers should appear

near 535 ¾ to 534 ½

Resistance should appear near 585 ½ to 588 and the 602 ¼ to 603 ½ which should cap a rally.

Traders can sell at 602 and risk a close over 611 ¼ for three days in a row.

JULY WHEAT

Resistance should appear near 707 ½ to 708 ¾.and the 714 ¼ to 717 region. Beyond that sellers

should appear near 724 ¼ to 725 ½

Traders can sell at 714 for a trade and risk a close over 727 for three days in a row.

Support should appear near 700 ¼ 699 and 692 to 690 ¾, a close under is negative and augurs for a

test of 683 ¾ to 680 ¾

THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 12030 to 11920, a close under is negative and augurs for a test of 11817

and the 11690 to 11640 region.

Resistance should appear near 12172 and the 12320 to 12380 region.

OCTOBER CATTLE

Support should appear near 12320, a close under is negative and augurs for a test of 12172 and the

12030 to 11920 region

Resistance should appear near 12380 then 12447 and the 12680 to 12740 region

AUGUST HOGS

Support should appear near 9347 to 9317, a close under is negative and augurs fort a test of 9232 and

the 9157 to 9140 region. Below that a test of 9062 to 9042 is likely.

Resistance should appear near 9427 to 9442 and should cap a rally. Beyond that sellers should

appear near 9522 to 9542

OCTOBER HOGS

Support should appear near 8317 to 8300, a close under is negative and augurs for a test of 8222 to

8192 and the 8132 to 8117 region.

Resistance should appear near 8392 to 8407 and 8482 to 8507. Beyond that sellers should appear

near 8587 to 8590 and cap a rally.

Stay tuned for livestock flashes

THE SATISFYING SOFTS

SEPTEMBER COFFEE

Support should appear near 12740 to 12680 and 12380 to 12320… Below that a test of 12030 to 11920 is likely

Resistance should appear near 13040 to 13100 and the 13340 to 13460 region. Beyond that sellers should appear near 13770 to 13830. Traders can sell at 13760 and risk a close over 13870 for three days in a row.

SEPTEMBER COCOA

Resistance should appear near 2219 to 2226, traders can sell at 2217 and hold for lower prices, risk a close over 2277 for three days in a row. Beyond that sellers should appear near the 2315 to 2322 . Support should appear near the 2185 to 2170, a close under is negative and augurs for a test of 2134 to 2126 and the 2089 to 2080 region.

OCTOBER SUGAR

Resistance is near the 1731 to 1738 region. Beyond that sellers should appear near 1774 to 1780 and cap a rally.
Support should appear near 1689 then 1655 to 1642 and the 1576 to 1569 region.

Traders can buy at 1657 and risk a close under 1637 for three days in a row.

JULY COTTON

Support should appear near 7777 to 7763 and the 7342 to 7328 region

Resistance is near 8119 to 8134 and 8300 to 8314 and should cap a rally.

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

Sunday June 02, 2013

3:00 PM South Florida Beach Time

THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE

Bi-Weekly Investment Outlook by FuturesCom – Newsletter # 422 May 19 2013 Equity Indices – Treasuries – Forex – Currency Trading with Precious Metals – Energy – Grains – Livestock – Coffee – Sugar- Cocoa – Cotton comments

May 192013

FuturesCom Bi-Weekly Investment Outlook # 422 May 19 2013 SP500 and Equity Indices • Bonds • Currency Trading • Forex • Precious Metals • Energy • Grains • Livestock • Coffee • Sugar • Cocoa • Cotton. Free Two Week Trial see https://futurescom.com/free-trial-2

Saturday May 18, 2013

9:35 PM South Florida Beach Time

US Stocks closed higher on Friday with the Dow Jones Industrial Average closing at all-time highs. The Dollar strength was broad and across the board . Two weeks ago in BW # 421 I said ‘Investors should avoid the Australian Dollar unless there is a significant decline into the 9740 AUD/USD region against the Dollar. Aggressive traders should assume a trading range with a lower slant into summer is ahead of the market.’ This weeks blistering decline is not a good sign for a range bound lower slant into summer, it’s a mess and indicates substantially lower prices are in front of the Aussie Dollar not behind it. Sell rallies as a preferred trade for lower prices into the next several quarters. Expect more range bound to lower action on Euro as the US Dollar tends to strengthen into June. The BW is essentially flat at this time, with only a short Lean Hog and a late trade on Friday in November soybeans which was elected at the high of the day, however some may not have been able to get elected as there were only a few trades at the price. The Dollar Yen remains bullish. However with caution, the Japanese Yen makes its high point of the year in Autumn, so caution is due. Over the weekend Japanese economy minister Akira Amari said when responding to a question on how far the yen should weaken, replied that while he couldn’t comment himself, said; “it’s being said that the correction of the strong yen is largely completed. If the yen keeps on weakening a lot more, it will have a negative impact on peoples’ lives.” It’s doubtful the government of Japan wants to redo an excessively strong Yen and revisit the mess is just came from over the last several years but the market should give trading chances on both sides for a bit.

Swiss Franc futures remain range-bound. Downside targets have been broken, if more selling occurs and it appears likely that it will , a range of 10580 on top and 9700 under the mkt is possible. Typically the weakest part of the year for Swiss Futures is still in front of the market in June and July. Stay tuned for Forex flashes. The British Pound is a trading affair.. Aggressive traders can buy a sharp decline for a trade as well as selling excessive strength. Gold and Silver recovered and failed again. Nothing has changed. A range trade is now likely with limited upside from here and more downside risk into late summer and early autumn. How much downside risk? Only the market knows. Energies acted better late last week, but once again only after sharp setbacks. Expect more range bound trade. Coffee is sale on rallies it remains lower on the year and year over year. Absent a freeze in the coffee region look for a range bound market. Sell a rally and look to sell Sept Coffee also. Hogs are a trading affair. Front month Cattle made new contract lows on Friday, but closed in the middle of the days-range near the previous low. Look for a grind lower for now. Pick Your Poison.

Stay tuned for Flashes and Updates in All Markets

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290 and the 14,960.00 to 14,840.00 region.
Below that buyers should appear near 14,590.00 to 14.530.00
Resistance should appear near 15,690.00 to 15,760.00 and the 16,090.00 to 16,150.00 region.

JUNE E-MINI SP500

Resistance should appear near 1689.00 to 1696.00 and the 1731.00 to 1738.00 region.

Support should appear near 1655.00 to 1642.00 and 1615.00 to 1609.00. Traders can buy at 1616 for a bounce and risk a close under 1609 for three days in a row. Below that support should appear near the 1576.00 to 1569.00 region and contain a decline.

NASDAQ COMPOSITE
Resistance should appear near 3503.00 and the 3553.00 to 3583.00 region. Beyond that a test of 3613.00 to 3623.00 is likely and should bring out sellers and cap a rally.
Support should appear near 3443.00 to 3425.00 and the 3388.00 to 3377.00 region. Below that a test of 3328.00 to 3319.00 is likely and should hold.

JUNE E-MINI NASDAQ 100
Support should appear near 2990.00 to 2972.00 and the 2937.00 to 2928.00 region. Traders can buy at 2992.00 and risk a close under 2967.00 for three days in a row. Below that buyers should appear near 2937.00 to 2928.00.
Resistance should appear near 3036.00 to 3045.00, a close over is friendly and augurs for a test of the 3092.00 to 3102.00 and should cap a rally for a bit, beyond that sellers should appear near 3148.00 to 3157.00.

JUNE E-MINI RUSSELL 2000

Resistance should appear near 1002.10 to 1003.70 and 1010.40 to 1013.60 region. Beyond that sellers should appear near 1032.00 to 1036 00 and cap a rally. Traders sleep on a bed of Nails can sell at 1031.50 and risk 8.00 points .
Support should appear near 993.70 to 992.10 then 983.70 to 982.10 and the 973.70 to 970.60 region.
Below that buyers should appear near 964.10 to 962.50. Aggressive Traders can buy at 964.30 for a bounce and risk a close under 961.80 for three days in a row.

Stay tuned for flashes.

JUNE 30 YR BOND
Resistance should appear near 144-07 and 144-21. Beyond that a test of 145-07 is likely. Beyond that sellers should appear near 145-21 and 146-07
Support should appear near 142-21 and 142-07 below that a test of 141-21 and 141-07 is likely and should hold..

JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07, beyond that sellers should appear near 133-21 and 134-07.
Support should appear near 131-07 and 130-21, below that buyers should appear near 130-07 and 129-21 which should contain a decline. .

THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8484 to 8499 and the 8560 to 8589 region.
Support should appear near 8406 to 8391, below that buyers should appear near the 8314 to 8300 region. Traders can buy at 8353 and risk a close under 8299 for three days in a row.

JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837 then 9921 to 9937 and the 10104 to 10136 region.
Support should appear near 9641 to 9625 and the 9542 to 9526 region. Below that a test of 9347 to 9316 is likely.

JUNE EURO CURRENCY
Support should appear near 12740 to 12680, a close under is negative and augurs for a test of 12380 to 12320.

Resistance should appear near 12890. Traders can sell at 12887 and risk a close over 12972 for three days in a row. Beyond that sellers should appear near the 13040 to 13100 region and cap a rally.
.

JUNE SWISS FRANC
Resistance should appear near 10320 to 10360. Traders can sell at 10317 and risk a close over 10367 for three days in a row. Beyond that sellers should appear near 10580 to 10680 and cap a rally.
Support should appear near 10136 to 10104 and the 10037 to 10021 region. Below that a test of 9937 to 9921 is likely. .

JUNE BRITISH POUND
Support should appear near 15125 and the 14960 to 14840 region.
Resistance should appear near resistance should appear near 15290 to 15350 and the 15690 to 15760 region.

JUNE CANADIAN DOLLAR
Resistance should appear near 9821 to 9837 and the 9921 to 9937 region. Traders can sell at 9873 and risk a close over 9942 for three days in a row.
Support should appear near 9641 to 9625, below that a test of 9542 to 9526 is likely.
JUNE AUSSIE DOLLAR
Support should appear near 9641 to 9625 and the 9445 to 9429 region. Below that a test of 9347 to 9316 is likely.
Resistance should appear near 9821 to 9837 and 9921 to 9937. Beyond that sellers should appear near 10021 to 10037 and cap a rally.

THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1377 to 1383 and the 1415 to 1421 region. Beyond that sellers should appear near 1453 to 1459. Traders can sell at 1414.00 and risk a close over 1422 for three days in a row.
Support is near 1346 to 1334, below that a test of 1310 to 1304 is likely. Under that buyers should appear near 1274.00 to 1268.00

JULY COPPER
Resistance should appear near 33770 to 33860 then 34250 to 34430 and the 34950 to 35030 region
Traders can sell at 34900 and risk a close over 351.00 for three days in a row.
Support should appear near 32700 to 32610 and the 32130 to 31940 region. a close under is negative and augurs for a test of 31570 to 31480 and eventually the 30450 to 30360 region.

JULY SILVER
Resistance should appear near 2315 to 2322 and the 2354 to 2370 region. Beyond that sellers should appear near 2411 to 2419 and the 2461 to 2489 region and cap a rally.
Support is at 2226 to 2219 and the 2185 to 2170 region. Below that a test of 2134 to 2126 is likely.

Failure there is negative and augurs for a test of 2042 to 2034. Below that buyers should appear near 1996 to 1982 and contain a decline.

THE EXCITING ENERGIES

JULY CRUDE OIL
Resistance should appear near 9706 to 9737 and the 9821 to 9837 region. Beyond that a test of
10021 to 10037 is likely.

Support should appear near 9347 to 9316 and 9156 to 9140

JULY HEATING OIL
Support should appear near 28830 to 28740 then 28290 to 28200 and the 27750 to 27580 region. Below that buyers should appear near 26720 to 26630.

Resistance should appear the 29280 to 29370 and the 30360 to 30450 region. Beyond that sellers should appear near 30920 to 31020 and cap a rally.
JULY UNLEADED GAS
Support should appear near 28290 to 28200 and the 27750 to 27580 region. Below that buyers should appear near 26720 to 26630 and the 26200 to 26120 region.

Resistance should appear near 29280 to 29370 and 300360 to 30450. Beyond that sellers should appear near 30920 to 31020 and cap a rally.

JULY NATURAL GAS
Resistance should appear at 4110 to 4120 and 4163 to 4183.
Support should appear near 3929 to 3909 and 3867 to 3858.

THE GRANDE’ GRAINS

JULY SOYBEANS

Support should appear near 1421 to 1415 and 1383 to 1377, a close under is negative and augurs for a test of 1346 to 1334 and eventually the 1310 to 1304 region.
Resistance should appear near 1453 to 1459 and the 1484 to 1496 region.

NOVEMBER SOYBEANS
Support should appear near 1203 to 1192, below that a trade towards 1169 to 1164 is likely.

Resistance should appear near 1232 to 1238 and the 1268 to 1274 region.

JULY SOYOIL
Resistance should appear near 4973 to 4995. Beyond that sellers should appear near the 5056 to 5057 region and cap a rally.
Support should appear near the 4856 to 4845 and the 4785 to 4775 region. Below that a test of 4717 to 4695 is likely.

JULY SOYMEAL
Resistance should appear near 430.4 to 431.5 and the 437.0 to 438.1 region. Beyond that sellers should appear near 442.5 to 444.6 and cap a rally.
Support should appear near 418.3 to 416.3 and the 412.0 to 411.0 region. Below that appear near 392.9 to 390.9 which should contain a decline.

JULY CORN
Support should appear 643 to 641 ¼ and 635 to 633 ¾
Resistance should appear near 665 ¾ to 667 ¾ and 674 ¼ to 675 ½. Beyond that sellers should appear near 680 ¾ to 683 ¾.

DECEMBER CORN
Support should appear 513 ¾ to 512 ¾ and the 499 ½ to 497 ¼ region. Below that buyers should appear near 485 ¾ to 484 ½.
Resistance should appear near 525 ¾ to 528 ¼ and the 534 ½ to 535 ¾ region. Which should cap a rally.

JULY WHEAT

Resistance should appear near 690 ¾ to 691 ¾ and the 699 to 700 ¼ region. Beyond that sellers should appear near 707 ½ to 708 ¾.
Support should appear near 667 ¼ to 665 ¾ and the 659 ¼ to 657 1/.4 region. .

THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 11690 to 11640 , below that a test of 11360 to 11300 is likely
Resistance should appear near 11920 to 12030 and the 12320 to 12380 region.

JUNE HOGS

Support should appear near 9157 to 9142 and the 9062 to 9042 region. Below that a test of 8967 to 8932 and the 8777 to 8762 region is likely to occur.
Resistance should appear near 9237. Beyond that sellers should appear near 9312 to 9347 and the 9427 to 9442 region which should cap a rally.

JULY HOGS
Support should appear near 9062 to 9042 region. Below that a test of 8967 to 8932 and the 8777 to 8762 region is likely to occur.

Resistance should appear near 9137 to 9167. Beyond that sellers should appear near 9312 to 9347 and the 9427 to 9442 region.

OCTOBER HOGS
Support should appear near 7957 to 7932 and the 7867 to 7832 region. Below that a test of 7777 to 7762 is likely.
Resistance should appear near 8117 to 8132 and 8192 to 8222 region.. Beyond that sellers should appear near 8300 to 8317 and cap a rally.

Stay tuned for livestock flashes

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13830 to 13770, a close under is negative and augurs for a test of 13460 to 13340 and the 13100 to 13040 region.
Resistance should appear near 14150 to 14210. Traders can sell at 14150 and hold for lower prices… 14530 to 14590. Beyond that sellers should appear near 14530 to 14590 and 14840 to 14960.

JULY COCOA
Resistance should appear near 2315 to 2322 and 2354 to 2370. Beyond that sellers should appear near the 2411 to 2419 region.

Support should appear near 2226 to 2219 and the 2185 to 2170 region. Below that buyers should appear near 2089 to 2080

JULY SUGAR
Resistance is near 1689 to 1696 and the 1731 to 1738 region. Beyond that sellers should appear near 1774 to 1780 and cap a rally. .

Support should appear near 1655 to 1642 and the 1576 to 1569 region.

JULY COTTON
Support should appear near 8490 to 8484 and 8314 to 8300. Below that a test of 8223 to 8194 is likely.
Resistance is near 8668 to 8683 and the 8762 to 8777 region

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

Sunday May 19, 2013
2:00 PM South Florida Beach Time

FuturesCom Bi-Weekly Investment Outlook # 422 Sunday May 19, 2013 Equity Indices – Treasuries – Currency Trading – Forex – Precious Metals – Energy – Grains – Livestock – Softs Comments

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