FuturesCom Morning Investment Comments Thursday May 31, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 . “Courage is fear holding on a minute longer’’ – General George Patton
Wednesday May 30, 2012
4:00 PM South Florida Beach Time
Stay tuned for updates and flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,360.00 to 12,320.00 and 12,175.00
Resistance should appear near 12,530.00 and the 12,680.00 to 12740.00 region
JUNE E-MINI SP500
Resistance should appear near 1310.00 then 1322.00 and the 1334.00 to 1346.00 region
Support should appear near 1304.00 then 1289.00 and the 1274.00 to 1268.00 region
NASDAQ COMPOSITE
Resistance should appear near 2851.50 and the 2874.00 to 2883.00 region.
Support should appear near 2829.00 to 2820.00 and the 2775.00 to 2758.00 region
JUNE E-MINI NASDAQ 100
Support should appear near 2519.00 to 2511 and the 2469.00 to 2461.00 region
Resistance should appear near the 2552.00 to 2568.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 767.50 to 768.90 and 776.30 to 777.70
Support should appear near 751.30 to 748.60 and 742.80 to 741.30
JUNE 30 YR BOND
Resistance should appear near 150-07 and 150-21.
Support should appear near 149-07 and 148-21
JUNE 10 YR NOTE
Resistance should appear near 135-07 and 135-21.
Support should appear near 134-07 and 133-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8391 to 8406
Support should appear near 8314 to 8300 and 8223 to 8194
JUNE JAPANESE YEN
Resistance should appear near the 12680 to 12740 region.
Support should appear near 12530 and the 12380 to 12320 region. .
JUNE EURO CURRENCY
Support should appear near 12320 then 12247 and 12175
Resistance should appear near 12380 then 12445 and 12530
JUNE SWISS FRANC
Resistance should appear near 10320 to 10380 and 10470.
Support should appear near 10237 and 10136
JUNE BRITISH POUND
Support should appear near the15350 to 15290 region
Resistance should appear near 15527 then 15607 and 15690 to 15760
JUNE CANADIAN DOLLAR
Resistance should appear near 9706 to 9737 and 9821 to 9837.
Support should appear near 9641 to 9625
JUNE AUSSIE DOLLAR
Resistance should appear near 9706 to 9737 and 9821 to 9837.
Support should appear near 9641 to 9625 and 9542 to 9526
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1576 then 1591 and 1609 to 1615
Support is near 1535 to 1529 and 1496 to 1485
JULY COPPER
Resistance should appear near 34250 to 34430 and 34930 to 35030
Support should appear near 33770 and 33280 to 33190 and 32700 to 32610
JULY SILVER
Resistance should appear near 2820 to 2829 and 2874 to 2883
Support is at 2775 to 2758 and 2724 to 2716.
THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 8856 to 8871 and 8934 to 8964
Support should appear near 8683 to 8668 and 8589 to 8560
JULY HEATING OIL
Support should appear near 27240 to 27160 and the 26720 to 26630 region.
Resistance should appear near 27580 to 27750 and 28200 to 28290
JULY UNLEADED GAS
Support should appear near the 27240 to 27160.
Resistance should appear near 28200 to 28290
JULY NATURAL GAS
Resistance should appear at 2552 to 2568
Support should appear near 2419 to 2411
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1373 and 1346 to 1334.
Resistance should appear near 1383 and 1399
JULY SOYMEAL
Resistance should appear near 416.3 to 418.3
Support should appear near 405.6 to 404.6
JULY BEAN OIL
Support should appear near 4926 to 4915 and 4856 to 4845
Resistance should appear near 4973 to 4995 and 5056 to 5067
JULY CORN
Support should appear near 557 ¾ to 555 ¾ and 543 to 541 ¾
Resistance should appear near 571 ¾ to 572 ¾ and 579 ¼ to 580 ½
JULY WHEAT
Resistance should appear near 657 ¾ to 659 ¾ and 665 ¾ to 667 ¾
Support should appear near 635 to 633 ¾ and 619 to 616 ½
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11692 to 11642
Resistance should appear near 11817 and 11920 to 12030
JULY HOGS
Support should appear near 8777 to 8762 and 8682 to 8667.
Resistance should appear near 8857 to 8872 and 8932 to 8967
OCTOBER HOGS
Support should appear near 8137 to 8117 and 8047 to 8027
Resistance should appear near 8192 to 8222
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 16150 to 16090.
Resistance should appear near 16890 to 16960
JULY COCOA
Resistance should appear near the 2126 to 2134.
Support should appear near 2042 to 2034
JULY SUGAR
Support is at 1909 to 1902
Resistance should appear near 1982 to 1996 .
JULY COTTON
Support should appear near 7003 to 6990 and 6919 to 6906
Resistance should appear 7328 to 7342 and 7486 to 7513
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
Wednesday May 30, 2012
6:00 PM South Florida Beach Time
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FuturesCom Morning Comments Thursday May 31, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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