FuturesCom Morning Investment Comments Friday August 24, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
“The hardest thing to understand in the world is the income tax.”
— Albert Einstein–
Thursday August 23, 2012
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,040 and 12890.00
Resistance should appear near 13100.00 and 13,220.00.
SEPT E-MINI SP500
Resistance should appear near 1415.00 to 1421.00
Support should appear near 1399.00 and 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near the 3092 to 3102 region.
Support should appear near the 3045 to 3036 region
SEPT E-MINI NASDAQ 100
Support should appear near 2758.00 and 2724.00 to 2716.00
Resistance should appear near 2775.00 and 2820.00 to 2829.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 811.90 to 813.40 and 819.40 to 822.30. Support should appear near the 804.40 to 802.90 and 795.40 to 793.90
SEPT 30 YR BOND
Resistance should appear near 148-21 and 149-07
Support should appear near 147-21 and 147-07
SEPT 10 YR NOTE
Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 132-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8194 to 8223.
Support should appear near the 8134 to 8119 region.
SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region
Support should appear near 12740 to 12680 and 12530
SEPT EURO CURRENCY
Support should appear near 12530 and 12380 to12320
Resistance should appear near 12605 and the 12680 to 12740 region
SEPT SWISS FRANC
Resistance should appear near 10470 and 10580 to 10680.
Support should appear near 10360 to 10320
SEPT BRITISH POUND
Support should appear near 15760 to15690
Resistance should appear near 16090 to 16150. BW Traders can sell at 16087 and risk a close over 16170 for three days in a row.
SEPT CANADIAN DOLLAR
Resistance should appear near 10136 and 10185.
Support should appear near 10037 to 10021.
SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1689 to 1696
Support is near 1655 to 1642
SEPT COPPER
Resistance should appear near 35530 to 35630.
Support should appear near 34430 to 34250
SEPT SILVER
Resistance should appear near 3092 to 3102
Support is at 3045 to 3036 and 2972 and 2955.
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near 9706 to 9737
Support should appear near 9542 to 9525
SEPTEMBER HEATING OIL
Support should appear near 31020 to 30920 and 30450 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130
SEPTEMBER UNLEADED GAS
Support should appear near 31020 to 30920 and 30450 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130
SEPTEMBER NATURAL GAS
Resistance should appear at 2928 to 2937
Support should appear near 2829 to 2820.
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near the 1696 to 1689
Resistance should appear near 1731 to 1738
DECEMBER SOYMEAL
Resistance should appear near 525.9 to 528.2
Support should appear near 506.7 to 505.6
DECEMBER BEAN OIL
Resistance should appear near 5855 to 5880
Support should appear near the 5577 to 5553
DECEMBER CORN
Support should appear near 804 ½ to 802 ¾
Resistance should appear near 848 ½ to 849 ¾
DECEMBER WHEAT
Resistance should appear near 914 to 915 ¾
Support should appear near 877 ¾ to 876 ¼
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near 12680 to12740.
DECEMBER CATTLE
Support should appear near the 12740 to 12680 region.
Resistance should appear near the 13040 to 13100 region
OCTOBER HOGS
Support should appear near 7092 to 7072
Resistance should appear near 7487 to 7517
DECEMBER HOGS
Support should appear near 6837 to 6812
Resistance should appear near 7142 to 7170
FEBRUARY HOGS
Support should appear near 7602 to 7587
Resistance should appear near 7937 to 7957
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16150 to 16090 and 15760 to 15690
Resistance should appear near 16420 to 16550 and 16890 to 16960
DECEMBER COCOA
Resistance should appear near 2461 to 2469
Support should appear near 2322 to 2315.
OCTOBER SUGAR
Support is at 1909 to 1902
Resistance should appear near 1982 to 1996.
DECEMBER COTTON
Support should appear near 7428 to 7414
Resistance is 7836 to 7864
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
Thursday August 23, 2012
4:15 PM South Florida Beach Time
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FuturesCom Morning Futures Comments Friday August 24-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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