FuturesCom Morning Investment Comments Wednesday July 24, 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
Tuesday July 23, 2013
1:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290.00
Resistance should appear near the 15,690.00 to 15,760.00 region.
SEPTEMEBER E-MINI SP500
Resistance should appear near 1696.00 then1713 .50 and 1731.00 to 1738.00
Support should appear near 1672 and the 1655.00 to 1642.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3613.00 to 3623.00.
Support should appear near 3563.00 to 3553.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3013.00 and the 2990.00 to 2972.00 region.
Resistance should appear near 3045.00 then 3067.00 and the 3092.00 to 3102.00 region.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at the 1058.00 to 1068.00 region
Support should appear near 1047.00 and 1036.00 to 1032.00
SEPTEMBER 30 YR BOND
Resistance should appear near 135-21 then136-07 and 136-21. Beyond that sellers should appear near 137-07 and 137-21 BW Traders can sell at 137-05 and risk a close over 137-22 for three days in a row.
Support should appear near 134-21 and 134-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 127-07 then 127-21 and 128-07
Support should appear near 126-21 and 126-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8261 and 8300 to 8314
Support should appear near 8194 and 8134 to 8119
SEPT JAPANESE YEN
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021 and 9937 to 9921
SEPT EURO CURRENCY
Support should appear near 13160 and 13100 to 13040
Resistance should appear near 13340 to 13460.
SEPT SWISS FRANC
Resistance should appear near 10815 and 10960 to 11010
Support should appear near 10680 then 10630 and 10580.
SEPT BRITISH POUND
Support should appear near 15350 then 15290 and 15125.
Resistance should appear near 15437 and 15525
SEPT CANADIAN DOLLAR
Resistance should appear near 9706 to 9737.
Support should appear near 9641 to 9625
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9156 to 9140.
Resistance should appear the 9316 to 9347 region.
BW Traders can sell at 9312 and hold for lower prices.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1346 and 1361.5
Support is near 1334 and 1322.
SEPTEMBER COPPER
Resistance should appear near 32610 to 32700
Support should appear near 31570 to 31480
SEPTEMBER SILVER
Resistance should appear near 2080 to 2089.
Support is at 1996 to 1982
THE EXCITING ENERGIES
SEPT CRUDE OIL
Resistance should appear near 10815 and 10960 to 11010
Support should appear near 10680 to 10580 and 10470
SEPT HEATING OIL
Support should appear near should appear near 30450 to 30360 and 29370 to 29280
Resistance should appear 31480 to 31570 and 31940 to 32130
SEPT UNLEADED GAS
Support should appear near 29900 to 29720
Resistance should appear near 30920 to 31020
SEPT NATURAL GAS
Resistance should appear at 3858 to 3867
Support should appear near 3623 to 3613
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1459 to 1453 and 1421 to 1415
Resistance should appear near 1484 to 1496 and the 1529 to 1535 region
NOVEMBER SOYBEANS
Support should appear near 1238 to 1232
Resistance should appear near 1268 to 1274 and the1304 to 1310 region. BW Traders can sell at 1303 and risk a close over 1311 for three days in a row.
AUGUST SOYOIL
Resistance should appear near 4571 to 4582
Support should appear near 4381 to 4370
AUGUST SOYMEAL
Resistance should appear near 505.6 to 506.7
Support should appear near 471.7 to 469.5.
SEPT CORN
Support should appear 506 ¾ to 505 ¾
Resistance should appear near 534 ½ to 545 ½
DEC CORN
Support should appear near 478 ¾ to 477 ½ and 471 ¾ to 469 ½
Resistance should appear near 497 ¼ to 499 ½ and 505 ¾ to 506 ¾
SEPT WHEAT
Resistance should appear near 665 ¾ to 667 ½
Support should appear near 650 ¾ to 648 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near the 12030 to 11920 region.
Resistance should appear near the 12320 to 12380 region.
OCTOBER CATTLE
Support should appear near 12532 and the 12320 to 12030 region. BW Traders can buy at 12387 and risk a close under 12317 for three days in a row
Resistance should appear near 12680 to 12740.
AUGUST HOGS
Support should appear near the 9837 to 9822 and 9737 to 9707
Resistance should appear near 9922 to 9937 and 10017 to 10037
OCTOBER HOGS
Support should appear near 8587 to 8557 and 8502 to 8482.
Resistance should appear near 8667 to 8682 and the 8762 to 8777 region.
BW Traders can sell at 8662 and risk a close over 8782 for three days in a row.
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 12030 to 11920
Resistance should appear near 12680 to 12740
SEPT COCOA
Resistance should appear near 2370 and 2411 to 2419
Support should appear near 2322 to 2315 and 2275 to 2267
OCT SUGAR
Resistance is near 1642 to 1655
Support should appear near 1615 to 1609.
DEC COTTON
Support should appear near 8499 to 8484 and 8406 to 8391
Resistance should appear near 8589 and the 8668 to 8683 region BW Traders can sell at 8665 and hold for lower prices. Beyond that sellers should appear near 8762 to 8777 and cap a rally.
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 July 23, 2013 2:15 PM South Florida Beach Time
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