Morning Investment and Day Trading Comments Wednesday December 18, 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
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,842.00 and the 15,760.00 to 15,690.00 region where buyers should contain declines.
Resistance is at 15,925.00 and the 16,090.00 to 16,150.00 region.
MARCH E-MINI SP500
Resistance should appear near 1774.00 to 1780.00.
Support should appear near 1756.00 and the 1738.00 to 1731.00 region.
NASDAQ COMPOSITE
Resistance remains appear near the 4046.00 to 4056.00 region. Beyond that a test of 4110.00 to 4120.00 is likely.
Support should appear near 4017.00 and 3992.00 to 3982.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3443.00 to 3425.00.
Resistance is at 3493.00 to 3503.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear at the 1130.00 to 1136.00 region.
Support should appear near 1101.00 to 1096.00
MARCH 30 YR BOND
Resistance should appear near 130-07 then 130-21 and 131-07
Support should appear near 129-21 then 129-07 and 128-21
MARCH 10 YR NOTE
Resistance should appear near 124-21and 125-07.
Support should appear near 123-21 and 123-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044 and 8081.
Support should appear near 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 9779 and 9821 to 9837
Support should appear near 9737 to 9706 and 9673
MARCH EURO CURRENCY
Support should appear near 13692 and 13615.
Resistance should appear near 13770 to 13830 and 13910
MARCH SWISS FRANC
Resistance should appear near 11330 to 11360 and 11430
Support is near 11300 then 11227 and 11155.
MARCH BRITISH POUND
Support should appear near 16222 and the 16150 to 16090 which should contain declines.
Resistance remains near 16287 and 16420 to 16550.
MARCH CANADIAN DOLLAR
Resistance should appear near 9429 to 9445 and 9478 beyond that sellers should appear near
9529 to 9542 and cap a rally.
Support should appear near 9347 to 9316 and 9237
MARCH AUSSIE DOLLAR
Support should appear near 8777 to 8762 and 8683 to 8668
Resistance should appear near 8856 to 8871 and 8934 to 8964
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support remains near 1217.5 and 1203.0 to 1192.0.
MARCH COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860
Support should appear near 32700 to 32610 and 32130 to 31940. BW Traders can buy at 32170 and hold for higher prices.
MARCH SILVER
Support should appear near 1953 to 1946 and 1909 to 1902.
Resistance is at 2034 to 2042 and 2080 to 2089.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9821 to 9837 and 9921 to 9937
Support should appear near 9737 to 9706 and 9641 to 9625
FEBRUARY BRENT CRUDE OIL
Resistance should appear near 10960 to 11010 and the 11300 to 11360 region.
Support should appear near 10820 and 10680 to 10580.
FEBRUARY HEATING OIL
Support should appear near should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear 29720 to 29900 and 30360 to 30450.
FEBRUARY UNLEADED GAS
Support should appear near the 26200 to 26120 and 25680 to 25520
Resistance should appear near 26630 to 26720 and 27160 to 27240.
FEBRUARY NATURAL GAS
Resistance should appear at 4370 to 4381 and 4571 to 4582
Support should appear near 4249 to 4238 and 4183 to 4163.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1322 and the 1310.00 1304 region.
Resistance should appear near 1346, beyond that a test of 1361 ½ is likely and should bring out sellers.
MARCH SOYOIL
Resistance should appear near 3982 to 3992 and 4046 to 4056.
Support should appear near 39219 to 3909 and 3867 to 3858.
MARCH SOYMEAL
Resistance should appear near 437.0 to 438.1 and the 442.5 to 444.6 region.
Support should appear near 431.5 to 430.4 and 424.9 to 423.8.
MARCH CORN
Support should appear near and 418 ¼ to 416 ¼ and 412 to 411.
Resistance should appear near 430 ½ to 431 ½ and the 437 to 438 ¼ region.
MARCH WHEAT
Resistance should appear near 625 ¾ to 627 and 633 ¾ to 635.
Support should appear near 603 ½ to 602 ¾ 588 to 585 ½
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13237 and 13100 to 13040.
Resistance should appear near 13340 to 13460.
FEB HOGS
Support should appear near the 8592 to 8557 region and 8502 to 8482.
Resistance should appear near 8667 to 8682 and 8757 to 8772.
APRIL HOGS
Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9137 to 9157 and 9237.
JUNE HOGS
Support should appear near the 9837 to 9822 region.
Resistance should appear near 9922 to 9937
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11360 to 11300
Resistance should appear 11640 to 11690.
MARCH COCOA
Resistance should appear near 2820 to 2829.
Support should appear near 2724 to 2716
MARCH SUGAR
Resistance is near 1609 to 1615
Support should appear near 1576 to 1569
MARCH COTTON
Support should appear near 8223 to 8194 and 8134 to 8119
BW Traders can buy at 8135 and hold for higher prices.
Resistance is at 8300 to 8314 and 8392 to 8406
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
Tuesday December 17, 2013 4:50 PM South Florida Beach Time
Terms of Use and Agreement https://www.futurescom.com/policies.html
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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2013 All Rights Reserved
