Morning Investment and Day Trading Comments Tuesday December 31, 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
“Perfection is not attainable, but if we chase perfection we can catch excellence.” — Vince Lombardi —
Monday December 30, 2013
1:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,420.00. Below that buyers should appear near 16,352.00 and the 16,287.00 region.
Resistance is at 16,550.00 then 16,635.00 and 16,720.00.
MARCH E-MINI SP500
Resistance should appear near 1840.00 and the 1858.00 to 1865.00 region.
Support should appear near 1831.00 and the 1822.00 to 1808.00 region. BW Traders can buy at 1823.00 and hold for higher prices. BW Traders should go long if a close over 1840.25 occurs.
NASDAQ COMPOSITE
Resistance should appear near 4163.00 to 4183.00.
Support should appear near 4142.00 and 4120.00 to 4110.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3563.00 to 3553.00 and the 3503.00 to 3493.00 region.
BW Traders can buy at 3504.00 and hold for higher prices.
Resistance is at 3588.00 and 3613.00 to 3623.00.
BW Traders should go long if a close over 3588.25 occurs.
MARCH E-MINI RUSSELL 2000
Resistance should appear at the 1164.00 to 1169.00 region.
Support should appear near 1157.00 then 1150.00 and 1143.00.
MARCH 30 YR BOND
Resistance should appear near 129-07 and 129-21.
Support should appear near 128-07 and 127-21.
MARCH 10 YR NOTE
Resistance should appear near 123-21 and 124-07.
Support should appear near 122-21and 122-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 9525 to 9542 and 9625 to 9641.
BW Traders can sell at 9624 and hold for lower prices.
Support should appear near 9445 to 9429, below that a test of 9347 to 9316 is likely
Stay tuned for Flashes.
MARCH EURO CURRENCY
Support should appear near 13770 and 13690.
Resistance should appear near 13830 then 13910 and 13990.
MARCH SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11155 and the 11010 to 10960 region
MARCH BRITISH POUND
Support should appear near 16420 and 16357. BW Traders can buy at 16357 for a bounce and risk a close under 16277 for three days in a row.
Resistance should appear near 16550 and 16635.
MARCH CANADIAN DOLLAR
Resistance should appear near 9388 and the 9429 to 9445 region.
Support should appear near 9347 to 9316.
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762.
Resistance should appear near 8934 to 8964 and 9044 to 9060
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1217.5 and 1232.0 to 1236.0.
Support should appear near 1192.0 and 1180.5. Below that buyers should appear near
1169.0 to 1164.0
MARCH COPPER
Resistance should appear near the 34250 to 34430 region.
Support should appear near 33760 and 33280 to 33190.
MARCH SILVER
Support should appear near the 1953 to 1946 region. Below that buyers should appear near
1909 to 1902.
Resistance is at 1982 to 1996 and 2034 to 2042
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9921 to 9937 and 10021 to 10037.
Support should appear near 9837 to 9821 and 9737 to 9706
FEBRUARY BRENT CRUDE OIL
Resistance should appear near 11155 and the 11300 to 11360 region.
Support should appear near the 11010 to 10960 and should hold.
FEBRUARY HEATING OIL
Support should appear near should appear near 30450 to 30360 and 29900 to 29720.
Resistance should appear 30920 to 31020 and 31480 to 31570.
FEBRUARY UNLEADED GAS
Support should appear near the 27750 to 27580 and 27240 to 27160.
Resistance should appear near 28200 to 28290 and 28740 to 28830
FEBRUARY NATURAL GAS
Resistance should appear at 4425 to 4446 and 4503 to 4514.
Support should appear near 4315 to 4304 and the 4249 to 4238 region.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1304 and 1289.
Resistance should appear near 1310 then 1322 and 1334 to 1346
MARCH SOYOIL
Resistance should appear near 3909 to 3929 and 3982 to 3992.
Support should appear near 3867 to 3858 and the 3806 to 3795 region.
MARCH SOYMEAL
Resistance should appear near 430.4 to 431.5 and the 437.0 to 438.1region.
Support should appear near 418.3 to 416.3. Below that buyers should appear near 412.0 to 411.0.
MARCH CORN
Support should appear near and 418 ¼ to 416 ¼ and 412 to 411
Resistance should appear near 425 then 430 ½ to 431 ½ and the 437 to 438 ¼ region.
MARCH WHEAT
Resistance should appear near 602 ¾ to 603 ½ and 610 to 611 ¼.
Support should appear near 595 ¾ top 594 ½ and the 588 to 585 ½ region.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13460 then 13400 and 13340.
Resistance should appear near 13530 and 13617.
APRIL CATTLE
Support should appear near 13537 and the 13460 to 13340 region.
BW Traders can buy at 13470 for a bounce and hold for higher prices.
Resistance should appear near 13615 then 13690 and the 13770 to 13830 region.
FEB HOGS
Support should appear near 8502 to 8482 and the 8407 to 8392 region.
Resistance should appear near 8557 to 8587 and the 8662 to 8682 region.
BW Traders can sell at 8657 and hold for lower prices.
APRIL HOGS
Support should appear near 8967 to 8932 and 8872 to 8857
Resistance should appear near 9092 to 9062 and 9137 to 9157 .
JUNE HOGS
Support should appear near 9937 to 9922 and the 9837 to 9822 region.
Resistance should appear near 10022 to 10037 and 10102 to 10137.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near the 11360 to 11300 region.
Resistance should appear 11640 to 11690
MARCH COCOA
Resistance should appear near 2758 to 2775.
Support should appear near 2672 to 2663
MARCH SUGAR
Resistance is near 1642 to1655
Support should appear near 1615 to 1609.
MARCH COTTON
Support should appear near 8406 to 8390 then 8314 to 8300 and the 8223 to 8194 region.
BW Traders can buy at 8225 for a bounce and hold for higher prices.
Resistance is at the 8484 to 8499, beyond that a test of 8560 to 8589 and the 8668 to 8683 region is likely.
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 30, 2013 2:30 PM South Florida Beach Time
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