FuturesCom Morning Investment Comments Monday June 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
Sunday June 23, 2013
11:00 AM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,715.00 and the 14,590.00 to 14,530.00 region.
Resistance should appear near 14,840.00 to 14,960.00 and 15125.00
SEPT E-MINI SP500
Resistance should appear near 1592.50 and 1609.00 to 1615.00
Support should appear near 1576.00 to 1569.00 and 1552.00
NASDAQ COMPOSITE
Resistance should appear near 3377.00 to 3386.00.
Support should appear near 3328.00 to 3319.00 and 3270.00 to 3261.00.
SEPT E-MINI NASDAQ 100
Support should appear near 2829.00 to 2820.00. Below that buyers should appear near the 2775.00 to 2758.00 region.
Resistance should appear near 2874.00 to 2883.0 and 2905.00
SEPT MINI RUSSELL 2000
Resistance should appear near 962.50 to 964.10 and 970.60 to 973.70
Support should appear near the 954.20 to 952.60 region. Under that buyers should appear near 944.50 to 942.90 and the 934.70 to 931.60 region. BW Traders who sleep on a bed of Nails can buy at 935.00 and hold for higher prices, initially risk a close under 931.00 for three days in a row.
SEPT 30 YR BOND
Resistance should appear near 135-21 then 136-07 and 136-21
Support should appear near 134-07 and 133-21
SEPT 10 YR NOTE
Resistance should appear near 126-21 and 127-07.
Support should appear near 126-07 then 125-21 and 125-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near 8223 to 8192
SEPT JAPANESE YEN
Resistance should appear near 10320 to 10360.
Support should appear near 10185 and 10136 to 10104.
SEPT EURO CURRENCY
Support should appear near 13100 to 13040.
Resistance should appear near 13220 and 13340 to 13400
.
SEPT SWISS FRANC
Resistance should appear near 10750 and 10820.
Support should appear near 10680 then 10630 to 10580
SEPT BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15525 and 15607
SEPT CANADIAN DOLLAR
Resistance should appear near 9625 to 9641 and 9706 to 9737
Support should appear near 9542 to 9526 and 9445 to 9429
SEPT AUSSIE DOLLAR
Support should appear near 9156 to 9140 and 9060 to 9044
Resistance should appear near 9237 and 9316 to 9347.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1304.0 to 1310.0 and 1322
Support is near 1268.0 then 1253.0 and the 1238.0 to 1232.0 region.
SEPT COPPER
Resistance should appear near 31480 to 31570 and 31940 to 32130
Support should appear near 30920 then 30450 to 30360 and 29900 to 29720
SEPT SILVER
Resistance should appear near 2032 to 2042 and 2080 to 2089
Support is at 1996 to 1982 and the 1953 to 1946 region.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 9429 to 9445 and 9526 to 9542.
Support should appear near 9347 to 9316 and the 9156 to 9140 region
AUGUST HEATING OIL
Resistance should appear near 28740 to 28830 and 29280 to 29370
Support should appear 28290 to 28200 and the 27750 to 27580 region. .
AUGUST UNLEADED GAS
Support should appear near 27240 to 27160 and 26720 to 26630.
Resistance should appear near 27580 to 27750 and the 28200 to 28290 region.
AUGUST NATURAL GAS
Resistance should appear at 3858 to 3867 and 3909 to 3929.
Support should appear near 3743 to 3734 and 3682 to 3663.
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1399 and 1383 to 1377
Resistance should appear near 1415 to 1421 and 1453 to 1459
NOVEMBER SOYBEANS
Support should appear near 1268 and 1238.0 to 1232.0
Resistance should appear near 1289 and 1304 to 1310.
AUGUST SOYOIL
Resistance should appear near 4845 to 4856 and 4915 to 4926
Support should appear near the 4785 to 4775 and 4717 to 4695.
AUGUST SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.6
Support should appear near 418.3 to 416.3 and the 412.0 to 411.0 region.
SEPT CORN
Support should appear 588 to 585 ½ and 580 ½ to 579 ¼
Resistance should appear near 594 ¾ to 595 ½ and 602 ¼ to 603 ½
DEC CORN
Support should appear 550 ½ to 549 ¼ and 543 to 541 ¾
Resistance should appear 564 to 565 ¼ and 571 ¾ to 572 ¾
SEPT WHEAT
Resistance should appear near 707 ½ to 708 ¾ and 714 ¼ to 717
Support should appear near 700 ¼ to 699 and 683 ¾ to 680 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12172 then 12257 and the 12320 to 12380 region
OCTOBER CATTLE
Support should appear near 12247 and 12380 to 12320.
Resistance should appear near the 12680 to 12740 region
AUGUST HOGS
Support should appear near 9737 to 9707 and the 9642 to 9622 region.
Resistance should appear near 9837 to 9821 and 9922 to 9937
OCTOBER HOGS
Support should appear near 8502 to 8482 and 8407 to 8392.
Resistance should appear near 8557 to 8587 and the 8667 to 8682 region.
BW Traders can sell at 8662 and risk a close over 8690 for three days in a row.
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 11690 to 11640 and 11360 to 11300
Resistance should appear near 12030 and 12320 to 12380.
SEPT COCOA
Resistance should appear near 2170 to 2185 and 2219 to 2226
Support should appear near 2134 to 2126 and the 2089 to 2080 region.
OCTOBER SUGAR
Resistance is near the 1696 and the1731 to 1738 region.
Support should appear near 1689 and 1655 to 1642.
DECEMBER COTTON
Support should appear near 8499 to 8484 and 8406 to 8391region
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
Sunday June 23, 2013
3:05 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.
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