FuturesCom Morning Investment Comments Tuesday January 15, 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
A trader should not swear eternal allegiance to either a bull or bear side. His concern lies with being right.
Monday January 14, 2013
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,460.00 to 13,340.00.
Resistance should appear near the 13,770.00 to 13,830.00 region.
MARCH E-MINI SP500
Resistance should appear 1484.00 to 1496.00
Support should appear near 1459.00 to 1453.00 and 1437.00
NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near 3102.00 to 3092.00
MARCH E-MINI NASDAQ 100
Support should appear near 2724.00 to 2716.00 and the 2672.00 to 2663.00 region.
Resistance should appear near 2758.00 to 2775.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near the 885.60 to 887.10 and the 893.40 to 896.40 region.
Support should appear near 868.30 to 866.80 and the 858.90 to 856.00 region.
MARCH 30 YR BOND
Resistance should appear near 146-07 and 146-21.
Support should appear near 144-21 and 144-07.
MARCH 10 YR NOTE
Resistance should appear near 132-07 and 132-21
Support should appear near 131-07, below that a test of 130-21 is likely and should bring in buyers.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 7991 and 8029 to 8044
Support should appear near 7939 and 7902
MARCH JAPANESE YEN
Resistance should appear near 11300 to 11360. BW Traders can sell at 11300 and hold for lower prices, initially plan on risking a close over 11367 for three days in a row.
Support should appear near 11155 and the 11010 to 10960 region.
MARCH EURO CURRENCY
Support should appear near 13340 and 13220
Resistance should appear near 13460 then 13537 and 13615
MARCH SWISS FRANC
Resistance should appear near 10960 to 11010.
Support should appear near 10820, below that a test of 10680 to 10580 is likely.
MARCH BRITISH POUND
Support should appear near 15922 and the 15760 to 15690 region.
Resistance should appear near 16090 to 16150 and 16287
MARCH CANADIAN DOLLAR
Resistance should appear near 10175 and the 10320 to 10360 region
Support should appear near 10136 to 10104 and the 10037 to 10021 region.
MARCH AUSSIE DOLLAR
Resistance should appear near the10580 to 10680 region.
Support should appear near 10470 and the 10360 to 10320 region. BW Traders can buy at 10370 for a bounce and risk a close under 10317 for three days in a row.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1689 to 1696.
Support is near 1655 to 1642.
MARCH COPPER
Resistance should appear near the 36630 to 36820 and 37340 to 37450.
Support should appear near 36230 to 36130 and the 35630 to 35530 region.
MARCH SILVER
Resistance should appear near 3148 to 3157 and 3261 to 3170
Support is at 3102 to 3092 and 3045 to 3036.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9526 to 9542, beyond that a trade towards the 9706 to 9737 region is likely.
Support should appear near 9445 to 9429 and 9347 to 9316.
MARCH HEATING OIL
Support should appear near 30450 to m30360 and 29900 to 29720
Resistance should appear near 30920 to 31020 and 31480 to 31570.
MARCH UNLEADED GAS
Resistance should appear near 28120 to 28200 and 28830 to 28740
Support should appear near 27240 to 27160 and the 26720 to 26630 region.
BW Traders can buy at 26730 and hold for higher prices.
MARCH NATURAL GAS
Resistance should appear at 3425 to 3443 and 3553 to 3563.
Support should appear near 3270 to 3261 and 3157 to 3148.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1399 and 1383 to 1377
Resistance should appear near 1453 to 1459.
MARCH SOYOIL
Resistance should appear near 5127 to 5139 region. Beyond that sellers should appear near the 5200 to 5211 region and cap a rally.
Support should appear near 4995 to 4973 and 4926 to 4915.
MARCH SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.7
Support should appear near 412.0 to 411.0 and 399.2 to 398.2.
MARCH CORN
Support should appear 717 to 714 ½ and 708 ¾ to 707 ½.
Resistance should appear near 732 ¾ to 734 ¼ and 741 ½ to 742 ¾
MARCH WHEAT
Resistance should appear near 776 ½ to 777 ¾ and 783 ¾ to 786 ½
Support should appear near 760 ¼ to 759 ¾ and 751 ¼ to 748 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 12967 and 12890
Resistance should appear near 13040 to 13100
APRIL CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13617 and 13770 to 13830.
JUNE CATTLE
Support should appear near 12892 and 12740 to 12680 region.
Resistance should appear near 13040 to 13100.
FEBRUARY HOGS
Resistance should appear near 8557 to 8592 and 8667 to 8682
Support should appear near 8502 to 8482 and 8407 to 8392
APRIL HOGS
Support should appear near 8687 to 8662.
Resistance should appear near the 8857 to 8872 region.
JUNE HOGS
Support should appear near the 9642 to 9622 and the 9542 to 9527 region
Resistance should appear near 9707 to 9737 and the 9822 to 9837 region.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14960 to 14840, BW traders can buy at 14970 and hold for higher prices. Below that buyers should appear near 14590 to 14530 which should contain a decline.
Resistance should appear near 15690 to 15760 and the 16090 to 16150 region.
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MARCH COCOA
Resistance should appear near 2267 to 2275 and the 2315 to 2322 region. BW Traders can sell at 2315 and hold for lower prices. Risk a close over 2372 for three days in a row
Support should appear near 2226 to 2219 and the 2185 to 2170 region. Below that a test of 2134 to 2126 is likely to occur.
MARCH SUGAR
Support is at 1865 to 1858 region. Under that a test of 1822 to 1808 is likely and where buyers should appear to contain a decline. BW Traders can buy at 1823 and hold for higher prices… risk a close under 1807 for three days in a row.
Resistance should appear near 1902 to 1909 and 1946 to 1953
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
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 January 14, 2013
4:00 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 January 15 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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