FuturesCom Morning Investment Comments Friday July 05, 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 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–”
– Reminiscences of a Stock operator.
Thursday July 04, 2013
6:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,960.00 to 14,840.00.
Resistance should appear near the 15,290.00 to 15,350.00 region.
SEPTEMEBER E-MINI SP500
Resistance should appear near 1628.50, beyond that sellers should appear near 1642.00 to 1655.00.
Support should appear near 1620.25 then 1615.00 to 1609 then 1600.25 and 1592.50
BW Traders should go long if a close over 1615.50 occur and stay tuned for a stop.
NASDAQ COMPOSITE
Resistance should appear near 3468.00 and 3493.00 to 3503.00.
Support should appear near the 3443.00 to 3425.00 and 3405.50.
SEPTEMBER E-MINI NASDAQ 100
Support should appear near the 2937.00 to 2928.00 and 2905.00
Resistance should appear near 2972.00 to 2990 and 3013.00
BW Traders should go long if a close over 2940 occurs.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1002.10 to 1003.70 and 1010.40 to 1013.60
Support should appear near 993.70 to 992.10 and 983.70 to 982.10
SEPTEMBER 30 YR BOND
Resistance should appear near 136-07 then 136-21 and 137-07
Support should appear near 135-07 then 134-21 and 134-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 126-21 then 127-07 and 127-21
Support should appear near 125-21 then 125-07 and 124-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8406 and 8484 to 8499
Support should appear near 8352 and 8314 to 8300.
SEPT JAPANESE YEN
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9937 to 9921 and 9837 to 9821
SEPT EURO CURRENCY
Support should appear near 12890 and 12740 to 12680
Resistance should appear near 12967 and 13040 to 13100
.
SEPT SWISS FRANC
Resistance should appear near 10470 then 10530 and 10580 to 10680.
Support should appear near the 10360 to 10320 region
SEPT BRITISH POUND
Support should appear near the 14960 to 14840 region, which should hold.
Resistance should appear near 15125 then 15207 and 15290 to 15350. .
SEPT CANADIAN DOLLAR
Resistance should appear near 9526 to 9542
Support should appear near 9445 to 9439
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9060 to 9044 and 8964 to 8934.
Resistance should appear near 9140 to 9156.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1268.00 to 1274.00 region.
Support is near 1238 to 1232 and 1203.00 to 1192.00.
SEPTEMBER COPPER
Resistance should appear near 31480 to 31570 and 31940 to 32130.
Support should appear near 31020 to 30920 and the 30450 to 30360 region.
SEPTEMBER SILVER
Resistance should appear near 1982 to 1996
Support is at 1909 to 1902 and 1865 to 1858
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 10320 to 10360
Support should appear near 10037 to 10021 and 9937 to 9921
AUGUST 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
AUGUST UNLEADED GAS
Support should appear near 28290 to 28200 and 27750 to 27580
Resistance should appear near the 28740 to 28830 and 29280 to 29370.
AUGUST NATURAL GAS
Resistance should appear at 3734 to 3743
Support should appear near 3563 to 3553
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support remains near 1421 to 1415 and 1399.
Resistance should appear near 1453 to 1459, beyond that sellers should appear near the 1484 to 1496
NOVEMBER SOYBEANS
Support should appear near 1238 to 1232. Below that buyers should appear near 1203 to 1192
Resistance should appear near 1268 to 1274, a close over is friendly and augurs for a test of 1304 to 1310.
AUGUST SOYOIL
Resistance should appear near 4775 to 4785
Support should appear near the 4650 to 4639
AUGUST SOYMEAL
Resistance should appear near 437.0 to 438.1 and 442.5 to 444.6.
Support should appear near 431.5 to 430.4 and 424.9 to 423.8
SEPTEMBER CORN
Support should appear 520 ¼ to 521 ¼
Resistance should appear near 541 ¾ to 543
DECEMBER CORN
Support should appear near 499 ½ to 497 ¾ region.
Resistance should appear near 520 to 521 ¼.
SEPTEMBER WHEAT
Resistance should appear near 674 ¾ to 675 ½.and 680 ¾ to 683 ¾
Support should appear near 659 ¼ to 657 ¾ and 650 ¾ to 648 ¾.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 12172 and the 12030 to 11920 region. BW Traders can buy at 12037 and risk a close under 11917 for three days in a row.
Resistance should appear near 12320 to 12380 region. Beyond that a test of 12530 and the 12680 to 12740 region is likely. BW Traders should go long if a close over 12387 occurs
OCTOBER CATTLE
Support should appear near 12537 and then 12247 and the 12380 to 12320 region.
Resistance should appear near the 12680 to 12740
AUGUST HOGS
Support should appear near the 9642 to 9622 and the 9542 to 9526 region.
Resistance should appear near 9707 to 9722 and 9822 to 9837.
BW Traders should go long if a close over 9852 occurs
OCTOBER HOGS
Support should appear near the 8502 to 8482 and the 8407 to 8392 region.
BW Traders can buy at 8407 for a bounce and risk a close under 8387 for three days in a row.
Resistance should appear near 8557 to 8587 and the 8667 to 8682 region.
Trade Accordingly and Stay Tuned for Livestock Flashes
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Support should appear near 12030 to 11920 and 11690 to 11640
Resistance should appear near 12320 to 12380 and 12680 to 12740. BW Traders can sell at 12675 and risk a close over 12775 for three days in a row.
SEPTEMBER COCOA
Resistance should appear near 2267 to 2275.
Support should appear near 2226 to 2219 and 2185 to 2170.
OCTOBER SUGAR
Resistance is near 1689 to 1696,
Support should appear near 1615 to 1609 region.
DECEMBER COTTON
Support should appear near 8499 to 8484 and 8406 to 8391.
Resistance is 8668 to 8683 and 8762 to 8777
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
Thursday July 04, 2013
7:10 PM South Florida Beach Time
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