FuturesCom Morning Investment Comments Friday November 30, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial-2
Thursday November 29, 2012
3:00 PM South Florida Beach Time
“Observation. Experience, memory and mathematics- These are what a successful trader must depend on. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory”
-Reminiscences of a Stock operator-
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 2,890.00 and the 12,740.00 to 12,680.00 region.
Resistance should appear near the 13,040.00 to 13,100.00 region.
DECEMBER E-MINI SP500
Resistance should appear near 1415.00 to 1421.00 and 1437.00
Support should appear near 1399.00 and the 1383.00 to 1377.00 region
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00
Support should appear near the 2990.00 to 2972.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2716.00 to 2724.00 and 2758.00 to 2775.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40 and the 839.10 to 840.60 region.
Support should appear near the 813.40 to 811.90 and the 795.40 to 793.90 region. .
MARCH 30 YR BOND
Resistance should appear near 150-07 and 150-21.
Support should appear near 149-21 and 149-07.
MARCH 10 YR NOTE
Resistance should appear near 133-21 and 134-07.
Support should appear near 133-07 and 132-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8029.00 to 8044.00
Support should appear near 7991 and the 7954 to 7939 region.
DECEMBER JAPANESE YEN
Resistance should appear near 12247 and 12320
Support should appear near 12175 and 12102
Stay tuned for flashes
DECEMBER EURO CURRENCY
Support should appear near 12967 and 12890.
Resistance should appear near 13040 to 13100.
DECEMBER SWISS FRANC
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10750 and the 10680 to 10580 region.
DECEMBER BRITISH POUND
Support should appear near 15922 and 15867
Resistance should appear near 16090 to 16150.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 10104 to 10136.
Support should appear near 10037 to 10021
DECEMBER AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10630
Support should appear near 10360 to 10320
Trade Accordingly and stay tuned for Forex Flashes ….
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1731.0 to 1738.0 and 1756.0
Support should appear near the 1696.0 to 1689.0 region.
MARCH COPPER
Resistance should appear near 36130 to 36230 and 36630 to 36820 region.
Support should appear near 35630 to 35530 and 35030 to 34930
MARCH SILVER
Resistance should appear near 3493 to 3503
Support is at 3328 to 3319
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8856 to 8871 and 8934 to 8964
Support should appear near 8668 to 8683 and 8589 to 8560
JANUARY HEATING OIL
Support should appear near 29900 to 29720.
Resistance should appear near 30920 to 31020
JANUARY UNLEADED GAS
Resistance should appear near 27580 to 27750 and 28200 to 28290
Support should appear near 26720 to 26630 and 26200 to 26120
JANUARY NATURAL GAS
Resistance should appear at 3734 to 3743
Support should appear near 3442 to 3425
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1437 and 1421 to 1415
Resistance should appear near 1453 to 1459 and 1471
JANUARY SOYOIL
Resistance should appear near 5056 to 5067 and 5127 to 5139
Support should appear near 4995 to 4973 and 4926 to 4915.
JANUARY SOYMEAL
Resistance should appear near 437.0 to 431.5 and 442.5 to 444.6
Support should appear near 431.5 to 430.4 and 424.9 to 423.8
MARCH CORN
Support should appear near 751 ¼ to 748 ¾
Resistance should appear near 767 ½ to 768 ¾.
MARCH WHEAT
Resistance should appear near 893 ½ to 896 ½ and 904 ½ to 906
Support should appear near 877 ¾ to 876 ¼ and 868 ¼ to 866 ¾.
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 12740 to 12680
Resistance should appear near 12890 and 12967
FEBRUARY CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13220 and the 13340 to 13460 region
DECEMBER HOGS
Support should appear near 8357 and 8317 to 8302
Resistance should appear 8392 to 8407 and 8482 to 8502
FEBRUARY HOGS
Resistance should appear near 8772 to 8777 and the 8867 to 8887 region.
Support should appear near 8682 to 8667 and 8592 to 8562 region.
Aggressive Traders should go short if a close under 8557 occurs.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 15350 to 15290 and 14960 to 14840
Resistance should appear near 15690 to 15760 and 16090 to 16150
MARCH COCOA
Resistance should appear near 2552 to 2568
Support should appear near 2419 to 2411
MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858
Resistance should appear near 1945 to 1953 and 2034 to 2042.
MARCH COTTON
Support should appear near 7255 to 7242 and 7170 to 7143.
Resistance is near 7414 to 7428 and 7487 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
Thursday November 29, 2012
5:20 PM ET 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 Futures Comments Friday November 30 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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