FuturesCom Morning Investment Comments Tuesday April 09, 2013 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“We did not all come over on the same ship, but we are all in the same boat.”
Bernard Baruch
Monday April 08, 2013
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,590.00 to 14,530.00 and 14,370.00
Resistance should appear near 14,715.00 and the 14,840.00 to 14,960.00 region.
JUNE E-MINI SP500
Resistance should appear the 1569.00 to 1576.00 region.
Support should appear 1552.00 and the 1535.00 to 1529.00 region.
NASDAQ COMPOSITE
Resistance should appear near the 3261.00 to 3270.00 region.
Support should appear near 3213.00 to 3194 and the 3157.00 to 3148.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00 and the 2724.00 to 2716 region.
Resistance should appear near 2797.00, beyond that 2820 to 2829 should bring out sellers.
JUNE E-MINI RUSSELL 2000
Resistance should appear near the 931.60 to 934.70 region. Beyond that sellers should appear near 942.90 to 944.50.
Support should appear near 923.60 and the 915.60 to 914.00 region. Below that buyers should appear near 906.00 to 904.40. BW Traders can buy at 906.50 and risk a close under 904.90 for three days in a row.
JUNE 30 YR BOND
Resistance should appear near 147-21 and 148-07.
Support should appear near 146-21 and 146-07.
JUNE 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 132-07 and 131-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near the 8223 to 8194 region.
JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136 and 10187.
Support should appear near 10037 to 10021 and 9937 to 9921
JUNE EURO CURRENCY
Support should appear near 12967 and 12890.
Resistance should appear near 13040 to 13100 and 13155. Beyond that sellers should appear near 13220. BW Traders can sell at 13217 and risk a close over 13267 for three days in a row.
JUNE SWISS FRANC
Resistance should appear near 10750 and 10817.
Support should appear near 10680 and 10630.
JUNE BRITISH POUND
Support should appear near 15125. A close under is negative and augurs for a test of the 14960 to 14840 region.
Resistance should appear near resistance 15290 to 15350
JUNE CANADIAN DOLLAR
Resistance should appear near 9821 to 9837. Beyond that sellers should appear near 9921 to 9937.
Support should appear near 9737 to 9706 and 9641 to 9425.
JUNE AUSSIE DOLLAR
Resistance should appear near 10360 the 10417 and 10470
Support should appear near 10320, a close under is negative and augurs for a test of the 10237 and eventually the 10136 to 10104 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1592 and the 1609 to 1615 region. BW Traders can sell at 1609 and risk a close over 1617 for three days in a row.
Support is near 1569 and 1552
JULY COPPER
Resistance should appear near the 34250 to 34430. BW Traders can sell at 34240 and hold for lower prices. Beyond that sellers should appear near 34930 to 35030.
Support should appear near 33880 to 33770 and 33280 to 33190
JULY SILVER
Resistance should appear near 2758 to 2775 and 2820 to 2829.
Support is at 2716 and 2672 to 2663
THE EXCITING ENERGIES
JUNE CRUDE OIL
Support should appear near 9347 to 9316 and 9237. Below that buyers should appear near 9156 to 9140.
Resistance should appear near 9429 to 9445 and the 9526 to 9542 region.
JUNE HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear near 29720 to 299 00 and 30360 to 30450.
JUNE UNLEADED GAS
Support should appear near 28830 to 28740 and 28300 to 28200
Resistance should appear 29280 to 29370 and 30360 to 30450
JUNE NATURAL GAS
Resistance should appear at 4304 to 4315 and 4425 to 4446
Support should appear near 4056 to 4046 and 3929 to 3909.
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1346 to 1334 and 1310 to 1304.
Resistance should appear near 1377 to 1383 and 1399. BW Traders can sell at 1376 and risk a close over 1399 for three days in a row. Stay tuned for flashes.
JULY SOYOIL
Resistance should appear near 4973 to 4995 and 5056 to 5067
Support should appear near 4856 to 4845 and the 4785 to 4775 region.
JULY SOYMEAL
Resistance should appear near 398.2 to 399.2 and 404.6 to 405.6.
Support should appear near 386.7 to 385.8 and the 368.2 to 366.3 region
JULY CORN
Support should appear 603 ½ to 602 ¾
Resistance should appear near 633 ¾ to 635.
JULY WHEAT
Resistance should appear near 724 ¼ to 725 1/2 and 732 ¾ to 734 ¼.
BW Traders can sell at 731 and risk a close over 743 for three days in a row.
Support should appear near 708 ¾ to 707 ½ and 700 ¾ to 699
.
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12320 to 12380.
JUNE HOGS
Support should appear near 8872 to 8857 and 8777 to 8762
Resistance should appear near 9037 to 9062 and the 9142 to 9162 region.
OCTOBER HOGS
Support should appear near 8047 to 8027.
Resistance should appear near 8300 to 8317
Stay tuned for Livestock flashes
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340 and 13100 to 13040
Resistance should appear near 14150 to 14210 and 14530 to 14590
JULY COCOA
Resistance should appear near the 2267 to 2275 region.
Support should appear near 2134 to 2126
JULY SUGAR
Resistance is near 1774 to 1780 and 1808 to 1822.
Support should appear near 1738 to 1731 and the 1696 to 1689 region.
JULY COTTON
Support should appear near 8499 to 8484 and 8406 to 8391.
Resistance is near 8667 to 8683 and 8762 to 8777
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 April 08, 2013
3:45 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 April 09, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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