FuturesCom Morning Investment Comments Thursday January 10, 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
“Years of practice at the game, of constant study, of always remembering, enables the trader to act when the unexpected happens as well as when the expected comes to pass. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory” -Reminiscences of a Stock operator -1929
Wednesday January 09, 2013
2:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,340.00 and 13,220.00
Resistance should appear near 13,460.00 and 13,615.00.
MARCH E-MINI SP500
Resistance should appear 1454.00 to 1459.00 and 1471.50.
Support should appear near 1437.00 and the 1421.00 to 1415.00 which should contain a decline
NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near 3045.00 to 3036.00.
MARCH E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2758.00 to 2775.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 876.20 to 877.70 and the 885.60 to 887.10 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 145-21. Beyond that sellers should appear near 146-07.
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 and 130-21.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134 region.
Support should appear near 8044 to 8029
MARCH JAPANESE YEN
Resistance should appear near 11500 and 11640 to 11690. BW Traders can sell at 11637 and hold for lower prices…
Support should appear near 11360 to 11330 and 11300. Below that a test of 11155 and the 11010 to 10960 region is likely to occur. BW Traders Should go short if a close under 11317 occurs
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MARCH EURO CURRENCY
Support should appear near 13040 and 12965
Resistance should appear near 13100 then 13155 and 13220
MARCH SWISS FRANC
Resistance should appear near 10820 and 10890.
Support should appear near 10757 and the 10680 to 10580 region.
MARCH BRITISH POUND
Support should appear near 15922 and 15760 to 15690
Resistance should appear near 16090 to 1615.
Trade accordingly and stay tuned for Flashes
MARCH CANADIAN DOLLAR
Resistance should appear near 10137 then 10175 and 10237.
Support should appear near 10104 and 10037 to 10021
MARCH AUSSIE DOLLAR
Resistance should appear near 10470 and the 10580 to 10680 region.
Support should appear near 10360 to 10320
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1671 and the 1689 to 1696 region.
Support is near 1655 to 1642, a close under is negative and augurs for a test of 1615 to 1609
MARCH COPPER
Resistance should appear near 36820 and the 37340 to 37450 region.
Support should appear 36230 to 36130.
MARCH SILVER
Resistance should appear near 3036 to 3045 and the 3092 to 3102 region.
Support is at 2990 to 2972 and the 2937 to 2928 region.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9429 to 9445.
Support should appear near 9237 and the 9156 to 9140 region.
FEBRUARY HEATING OIL
Support should appear near 30450 to 30360 and the 29900 to 29720 region. Below that buyers should appear near the 29370 to 29280 region. BW Traders can buy at 29410 for a bounce and hold for higher prices.
Resistance should appear near the 30920 to 31020 region. Above that a trade towards 31480 to 31570 is likely.
FEBRUARY UNLEADED GAS
Resistance should appear near 28120 to 28200, a close over is friendly and augurs for a test of 28830 to 28740 and eventually the 29280 to 29370 region.
Support should appear near 27750 to 27580 and 27240 to 27160.
Stay tuned for Flashes
FEBRUARY NATURAL GAS
Resistance should appear at 3148 to 3157 and 3194 to 3213
Support should appear near 2990 to 2972 and 2937 to 2928.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1383 to 1377and the 1346 to 1334 region
Resistance should appear near 1399 and the 1415 to 1421 region.
MARCH SOYOIL
Resistance should appear near 4973 to 4995 and 5056 to 5067.
Support should appear near 4926 to 4915 and 4856 to 4845
MARCH SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 418.3
Support should appear near 399.2 to 398.2 and 392.9 to 390.9
MARCH CORN
Support should appear 675 ½ to 674 ¾ and the 667 ¼ to 665 ¾ region.
Resistance should appear near 699 to 700 ¼ and 707 ½ to 708 ½
MARCH WHEAT
Resistance should appear near 759 ¾ to 760 ¼ and 767 ½ to 768 ¾
Support should appear near 742 ¾ to 741 ½ and 734 ¼ to 732 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13217 and 13340 to 13460.
APRIL CATTLE
Support should appear near 13460 to 13340 region.
Resistance should appear near 13770 to 13830.
FEBRUARY HOGS
Resistance should appear near 8487 to 8502 and 8557 to 8592
Support should appear near 8317 to 8300 and 8222 to 8192
APRIL HOGS
Support should appear near 8782 to 8667 and 8592 to 8587
Resistance should appear near 8762 to 8777 and 8857 to 8872
JUNE HOGS
Support should appear near 9542 to 9527
Resistance should appear near 9707 to 9737.
Stay tuned for Livestock Flashes and Updates
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and the 14210 to 14150 region
Resistance should appear near 14840 to 14960 and 15290 to 15350.
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MARCH COCOA
Resistance should appear near 2267 to 2275 and the 2315 to 2322 region. Beyond that sellers should appear near 2354 to 2370. BW Traders can sell at 2351 and hold for lower prices. Risk a close over 2372 for three days in a row
Support should appear near 2185 to 2170 and the 2134 to 2126 region.
MARCH SUGAR
Support is at 1865 to 1858 and 1822 to 1808
Resistance should appear near 1902 to 1909 and 1946 to 1954
MARCH COTTON
Support should appear near 7428 to 7414 and 7342 to 7328
Resistance is near 7587 to 7601 and 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
Wednesday January 09, 2013
3:15 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 Thursday January 10 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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