Sunday June 24, 2012 8:00 PM South Florida Beach Time
FuturesCom Morning Investment Comments Monday June 25, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 Courage in a Speculator is merely confidence to act on the decision of his mind.
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near near 12,530.00 and the 12,380.00 to 12,320.00 region.
Resistance should appear near 12,680.00 to 12,740.00
SEPT E-MINI SP500
Resistance should appear near 1334.00 to 1346.00.
Support should appear near 1310.00 to 1304.00 region.
NASDAQ COMPOSITE
Resistance should appear near 2928.00 to 2937.00
Support should appear near the 2883.00 to 2874.00 and 2829.00 to 2820
SEPT E-MINI NASDAQ 100
Support should appear near the 2552.00 and the 2519.00 to 2511.00 region.
Resistance should appear near 2612.00 to 2620.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 776.30 to 777.70 and 783.60 to 786.40
Support should appear near the 760.10 to 759.70. and 751.30 to 748.60
SEPT 30 YR BOND
Resistance should appear near 148-21 and 149-21
Support should appear near 147-21 and 147-07
SEPT 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 132-21 and 132-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314
Support should appear near 8223 to 8194
SEPT JAPANESE YEN
Resistance should appear near 12530 and 12680 to 12740
Support should appear near the 12380 to 12320 region.
SEPT EURO CURRENCY
Support should appear near 12530 and 12380 to 12320
Resistance should appear near 12605 and 12680 to 12740.
SEPT SWISS FRANC
Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320
SEPT BRITISH POUND
Support should appear near 15525 and 15350 to 15290
Resistance should appear near 15690 to15760
SEPT CANADIAN DOLLAR
Resistance should appear near 9821 to 9837 and 9921 to 9937
Support should appear near 9706 and 9641 to 9625
SEPT AUSSIE DOLLAR
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9937 to 9921and 9837 to 9821
Stay tuned for Flashes ….
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near the 1591and 1609 to 1615
Support is near 1535 to 1529. BW traders can buy at 1537 and hold for higher prices
SEPT COPPER
Resistance should appear near 33770 to 33860 and 34250 to 34430
Support should appear near 32700 to 32610 and 32130 to 31940
SEPT SILVER
Resistance should appear near 2758 to 2775
Support is at 2620 to 2612
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 8119 to 8134. Beyond that sellers should appear near 8194 to 8223.
Support should appear near 7954 to 7939 and 7864 to 7836, below that buyers should appear near 7777 to 7763.
AUGUST HEATING OIL
Support should appear near 25190 to 25110 and 24690 to 24610
Resistance should appear near 25520 to 25680 and 26120 to 26200
AUGUST UNLEADED GAS
Support should appear near 24610 and 24190 to 24110.
Resistance should appear near 25110 to 25190 and 25520 to 25680
AUGUST NATURAL GAS
Support should appear at 2568 to 2552 and 2469 to 2461.
Resistance should appear near 2758 to 2775 and 2820 to 2829
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1399 then1383 to 1377 and 1346 to 1334
Resistance should appear near 1437 ½ and 1453 to 1459
DECEMBER SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.5
Support should appear near 412.0 to 411.0 and 399.2 to 398.2
DECEMBER BEAN OIL
Support should appear near 539 to 5126 and 5067 to 5056
Resistance should appear near 5200 to 5211 and 5259 to 5282
DECEMBER CORN
Support should appear near 572 ¾ to 571 ¾ then 565 ¼ to 564and 550 ½ to 549 ¼
Resistance should appear near 585 ½ to 588 and 594 ½ to 595 ¾
DECEMBER WHEAT
Resistance should appear near 732 ¾ to 734 ¼ and 748 ¾ to 751 ¼
Support should appear near 700 ¼ to 699 and the 691 ¾ to 690 ¾ region
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11640 and 11537
Resistance should appear near 11817… Beyond that sellers should appear near
11920 to 12030.
AUGUST HOGS
Support should appear near 9067 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9142 to 9157 then 9237 and 9317 to 9347
OCTOBER HOGS
Support should appear near 8137 to 8117 and 8047 to 8027
Resistance should appear near 8192 to 8222 and 8300 to 8317
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 15350 to 15290 and 14960 to 14840.
Resistance should appear near 16090 to 16150 and 16420 to 16550
SEPT COCOA
Resistance should appear near 2126 to 2134 and 2170 to 2185
Support should appear near 2089 to 2080 and 2042 to 2034
OCTOBER SUGAR
Support is at 1953 to 1946 and the 1909 to 1902 region. BW Traders can buy at 1954 and risk a close under 1899 for three days in a row.
Resistance should appear near 2034 to 2042 and 2080 to 2089
DECMBER COTTON
Support should appear near 6755 to 6743 and 6673 to 6659
Resistance is 7074 to 7088 and 7143 to 7170
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Sunday June 24, 2012 10:00 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
FuturesCom Morning Comments Monday June 25, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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