FuturesCom Morning Investment Comments Tuesday May 01, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 . “Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable -ranks high. There are certain chances that the most prudent man is justified in taking -chances that he must take if he wishes to be more than a mercantile mollusk” –Reminiscences of a Stock Operator–
Monday April 30, 2012
1:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100 to 13,040.00.
Resistance should appear near the 13,340.00 to 13,460.00 region
JUNE E-MINI SP500
Resistance should appear near 1399.00 and the 1415.00 to 1421.00 region
Support should appear near 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00.
Support should appear near 2990 to 2972
JUNE E-MINI NASDAQ 100
Resistance should appear near 2758.00 to 2775.00.
Support should appear near 2672.00 to 2663.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40 and 839.10 to 840.60.
Support should appear near 813.40 to 811.90 and 804.40 to 802.90
JUNE 30 YR BOND
Resistance should appear near 143-07 and 143-21
Support should appear near 142-07 and 141-21
JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7929 to 7954
Support should appear near the 7864 to 7836 region.
JUNE JAPANESE YEN
Resistance should appear near 12680 to 12740
Support should appear near 12380 to 12320
JUNE EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460.
JUNE SWISS FRANC
Resistance should appear near 11085 and 11155
Support should appear near 11010 to 10960.
JUNE BRITISH POUND
Support should appear near 16150 to16090
Resistance should appear near 16420 to 16550
JUNE CANADIAN DOLLAR
Resistance should appear near 10136 and 10185.
Support should appear near 10104 and 10037 to 10021
JUNE AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1672 and 1688.BW Traders can sell at 1688 and hold for lower prices.
Support is near 1655 to 1642.
JULY COPPER
Resistance should appear near 39090 to 39290
Support should appear near 38060 to 37950
JULY SILVER
Resistance should appear near 3148 to 3157
Support is at 3045 to 3036
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320
JUNE HEATING OIL
Support should appear near the 31570 to 31480
Resistance should appear near 32710 to 32700
JUNE UNLEADED GAS
Support should appear near 31020 to 30920
Resistance should appear near 31940 to 32130
JUNE NATURAL GAS
Support should appear at 2185 to 2170
Resistance should appear near 2315 to 2322
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1459 to 1453
Resistance should appear near 1529 to 1535
JULY SOYMEAL
Resistance should appear near 437 to 438.1
Support should appear near 418.3 to 416.3
JULY BEAN OIL
Resistance should appear near 5640 to 5653
Support should appear near 5430 to 5418
JULY CORN
Support should appear near 619 to 616 ½
Resistance should appear near 641 ¾ to 643
JULY WHEAT
Resistance should appear near 665 ¾ to 667 ¼
Support should appear near 635 to 633 ¾
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11360 to 11300
Resistance should appear near 11527 and 11640 to 11690
JUNE HOGS
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance should appear near 8762 to 8777 and 8857 to 8872
OCTOBER HOGS
Support should appear near the 7957 to 7932 region.
Resistance should appear near 8117 to 8137
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 16960 to16890.
Resistance should appear near 18080 to18220
JULY COCOA
Resistance should appear near 2315 to 2322
Support should appear near 2175 to 2170
JULY SUGAR
Support is at 2042 to 2034
Resistance should appear near 2170 to 2185.
JULY COTTON
Resistance should appear near 9044 to 9060 and 9140 to 9156
Support should appear 8871 to 8856 and 8777 to 8762
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Monday April 30, 2012
2:00 PM South Florida Beach Time
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FuturesCom Morning Comments Tuesday May 01, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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