FuturesCom Morning Investment Comments Monday November 26, 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
Sunday November 25, 2012
10:00 AM 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 , 12,890.00 and 12,740.00 to 12,680.00.
Resistance should appear near the 13,100.00 to 13,040.00 region and cap a rally,
DECEMBER E-MINI SP500
Resistance should appear near the 1415.00 to 1421.00 region.
Support should appear near 1399.00 and the 1383.00 to 1377.00 region
NASDAQ COMPOSITE
Resistance should appear near the 2972.00 to 2900.00 region.
Support should appear near the 2937.00 to 2928.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 2620.00 to 2612.00 and 2590.00.
Resistance should appear near 2663.00 to 2672.00 which should cap a rally.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 811.90 to 813.40 and 819.40 to 822.30
Support should appear near the 795.40 to 793.90 and 786.40 to 783.60.
MARCH 30 YR BOND
Resistance should appear near 149-21 and 150-07.
Support should appear near 148-21 and 148-07.
MARCH 10 YR NOTE
Resistance should appear near 133-21 and 134-07.
Support should appear near 132-21 and 132-07
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8029 to 8044 and 8081
Support should appear near 7991 and the 7954 to 7939 region
DECEMBER JAPANESE YEN
Resistance should appear near 12175 and 12247.
Support should appear near the 12030 to 11920 region
Stay tuned for flashes
DECEMBER EURO CURRENCY
Support remains near 12967 and 12890
Resistance should appear near 13040 to 13100.
DECEMBER SWISS FRANC
Resistance should appear near 10817 and 10960 to 11010
Support should appear near 10680 to 10580
DECEMBER BRITISH POUND
Support should appear near 16017 and 15922.
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 1774 to 1780
Support is near 1738 to 1731.
MARCH COPPER
Resistance should appear near the 35530 to 35630 region. Beyond that sellers should appear 36130 to 36230 and cap a rally.
Support should appear near 35030 to 34930 and 34430 to 34250
MARCH SILVER
Resistance should appear near 3425 to 3443 and 3493 to 3503
Support is at 3388 to 3377 and 3328 to 3319.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8856 to 8871 and 8934 to 8964
Support should appear near 8777 to 8762 and 8683 to 8668 and the 8589 to 8560 region
JANUARY HEATING OIL
Support should appear near 30450 to 30360 and 29900 to 29720.
Resistance should appear near 30920 to 31020 and 31480 to 31570.
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 4046 to 4056 and 4110 to 4120
Support should appear near 3992 to 3982 and 3929 to 3909
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1415 then 1399 and 1383 to 1377.
Resistance should appear near the 1453 to 1459 region.
DECEMBER SOYOIL
Resistance should appear near 4915 to 4926 and 4973 to 4995
Support should appear near 4856 to 4845 and 4785 to 4775.
DECEMBER SOYMEAL
Resistance should appear near 437.0 to 431.5 and 442.5 to 444.6
Support should appear near 424.9 to 423.8 and 418.3 to 416.3
MARCH CORN
Support should appear near 742 ¾ to 741 ½ and 734 ¼ to 732 ¾
Resistance should appear near 751 ¼ and 758 ¾ to 760 ¼
MARCH WHEAT
Resistance should appear near 876 ½ to 877 ¾ and 885 ¾ to 887 ¼ which should cap a rally.
BW Traders can sell at 876 and hold for lower prices, risk a close over 888 for three days in a row.
Support should appear near 849 ¾ to 848 ½… Below that buyers should appear near 831 ½ to 830.
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 12887 and 12740 to 12680
Resistance should appear near 12967 and 13040 to 13100
FEBRUARY CATTLE
Support should appear near 13320 and 13100 to 13040
Resistance should appear near 13340 to 13460
DECEMBER HOGS
Support should appear near 8222 to 8192 and 8137 to 8117
Resistance should appear 8300 to 8317 and 8392 to 8407
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 14960 to 14840
Resistance should appear near 15690 to 17560
MARCH COCOA
Resistance should appear near 2552 to 2568 region
Support should appear near 2469 to 2461
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 7143 and the 7088 to 7074 region.
Resistance is near 7242 to 7255 and 7328 to 7342.
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
Sunday November 25, 2012
1:00 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 Monday November 26-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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