FuturesCom Morning Investment Comments Tuesday December 18, 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
“The best thing about the future is that it comes one day at a time”.
— Abraham Lincoln —
Monday December 17, 2012
2:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040.00.
Resistance should appear near the 13,340.00 to 13,460.00 region.
MARCH E-MINI SP500
Resistance should appear near 1437 and the 1454 to 1459 region.
Support should appear near 1415.00 and 1399.00
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00.
Support should appear near 2972.00 and 2938.00 to 2937.00.
MARCH E-MINI NASDAQ 100
Support should appear near the 2620.00 to 2612.00 region.
Resistance should appear near the 2663.00 to 2672.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40 and the 856.00 to 858.90 region
Support should appear near 813.40 to 811.909 and the 804.40 to 802.90 region.
MARCH 30 YR BOND
Resistance should appear near 148-07 and 148-21.
Support should appear near 146-21 and 146-07
MARCH 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 131-21 and 131-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7954 to 7939 region. Below that buyers should appear near 7902 and the 7864 to 7834 region.
MARCH JAPANESE YEN
Resistance should appear near 12030 and 12175. BW Traders can sell at 12173 and hold for lower prices…
Support should appear near the 11920 region and should hold failure here augurs for a test of 11805 and eventually the 11690 to 11640 region. BW Traders should consider selling short if a close under 11917 occurs. Stay tuned for flashes
MARCH EURO CURRENCY
Support should appear near 13100 to 13040 and 12890.
Resistance should appear near 13220 and the 13340 to 13460 region.
MARCH SWISS FRANC
Resistance should appear near the 10960 to 11010 region.
Support should appear near 10820 and 100680 to 10580.
MARCH BRITISH POUND
Support should appear near 16150 to 16090 and 15922
Resistance should appear near 16287 and the 16420 to 16550 region.
MARCH CANADIAN DOLLAR
Resistance should appear near 10175 and 10235
Support should appear near 10136 to 10104
MARCH AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10415.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1731.0 to 1738.0.
Support is near 1696.00 to 1689.00 and 1655.0 to 1642.
MARCH COPPER
Resistance should appear near the 37340 to 37450 region. Beyond that sellers should appear near 37950 to 38060.
Support should appear near 36230 to 36130 and the 35630 to 35530 region.
MARCH SILVER
Resistance should appear near 3261 to 3270 and the 3377 to 3386 region.
Support is at 3213 to 3194 and 3157 to 3148.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 8856 to 8871 and the 8934 to 8964 region.
Support should appear near 8683 to 8668 and the 8589 to 8560 region..
JANUARY HEATING OIL
Support should appear near 29370 to 29280. BW Traders can buy at 29410 for a bounce and hold for higher prices. Below that support should appear near 28830 to 28740.
Resistance should appear near 29720 to 29900 and 30360 to 30450.
JANUARY UNLEADED GAS
Resistance should appear near 26630 to 26720 and the 27160 to 27240 region.
Support should appear near 26200 to 26120. Below that buyers should appear near 25680 to 25520…
JANUARY NATURAL GAS
Resistance should appear at 3425 to 3443 and 3553 to 3563.
Support should appear near 3157 to 3148 and the 2990 to 2972 region.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1484 and the 1459 to 1453 region.
Resistance should appear near 1496 and the 1529 to 1535 region
MARCH SOYOIL
Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.
Support should appear near 4926 to 4915 and the 4856 to 4845 region.
MARCH SOYMEAL
Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0
Support should appear near 444.6 to 442.5 and 431.5 to 430.6 region.
MARCH CORN
Support should appear 717 to 714 ¼, below that a test of 708 ¾ to 707 ½ likely
Resistance should appear near 732 ¾ to 734 ¼ and the 741 ½ to 742 ¾ region.
MARCH WHEAT
Resistance should appear near 830 to 831 ¼ and 839 ¼ to 840 ¾, BW Traders can sell at 839 for a turn lower and risk a close over 843 for three days in a row. Beyond that sellers should appear near 856 to 858 ¾
Support should appear near 804 ½ to 802 ¾ and the 795 ½ to 792 ¾ region.
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13340 and 13220.
Resistance should appear near 13400 to 13460
APRIL CATTLE
Support should appear near 13617 and 13460
Resistance should appear near 13770 to 13830
FEBRUARY HOGS
Resistance should appear near 8557 to 8592 and 8667 to 8682
Support should appear near 8407 to 8392 and the 8317 to 8300 region
APRIL HOGS
Support should appear near 8967 to 8937 region. Below that a test of 8872 to 8857 is likely.
Resistance should appear near 9042 to 9062 and the 9137 to 9157 region. .
JUNE HOGS
Support should appear near 9937 to 9922 and the 9837 to 9822 region.
Resistance should appear near 10022 to 10037.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14210 to 14150 and the 13830 to 13770 region.
Resistance should appear near 14840 to 14960 and the15290 to 15350 region.
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MARCH COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519.
Support should appear near 2370 to 2354 and the 2322 to 2315 region.
MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858.
Resistance should appear near 1945 to 1953 and 1982 to 1996. BW Traders can Sell at 1977 and risk a close over 2002 for three days in a row.
MARCH COTTON
Support should appear near 7342 to 7328 and the 7170 to 7143 region.
Resistance is near 7587 to 7601. Beyond that sellers should appear near 7763 to 7777 and the 7836 to 7864 region and cap a rally.
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
Monday December 17, 2012
3:20 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 Futures Comments Tuesday December 18 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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