FuturesCom Morning Investment Comments Thursday March 28, 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
Wednesday March 27, 2013
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,450.00 and 14,370.00.
Resistance should appear near 14,590.00 then 14,650.00 and 14,715.00 which should cap a rally.
JUNE E-MINI SP500
Resistance should appear the 1569.00 to 1576.00 region.
Support should appear near the 1535.00 to 1529.00 region. BW Traders can buy at 1537 for a bounce and risk a close under 1527.00 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear near 3261.00 to 3270.00.
Support should appear near 3213 to 3194.
JUNE E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00… Below that buyers should appear near the 2724.00 to 2716 region. BW Traders can buy at 2742 and risk a close under 2715 for three days in a row.
Resistance should appear near 2820.00 to 2829.00, a close over is friendly and augurs for a test of
2874.00 to 2883.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near the 952.60 to 954.30 region.
Support should appear near 934.70 to 931.60 and 923.70.
JUNE 30 YR BOND
Resistance should appear near 145-07 and 145-21
Support should appear near 144-07 and 143-21.
JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8391 to 8406
Support should appear near 8317 to 8300 and 8262.
JUNE JAPANESE YEN
Resistance should appear near 10630 to 10680 and 10750.
Support should appear near 10580 and 10470.
JUNE EURO CURRENCY
Support should appear near 12740 to 12680 and 12530
Resistance should appear near 12815 and 12890
JUNE SWISS FRANC
Resistance should appear near 10525 and 10580 to 10630
Support should appear near 10470, a close under is negative and augurs for as test the 10360 to 10320 region. BW Traders should go short if a close under 10467 occurs.
JUNE BRITISH POUND
Support should appear near the 14960 to 14840 region.
Resistance should appear near resistance should appear near the 15290 to 15350 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9821 to 9837 and 9877
Support should appear near 9779 and 9737 to 9706.
JUNE AUSSIE DOLLAR
Resistance should appear near 10417 and 10470
Support should appear near the 10360 to 10320 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1609 to 1615. Beyond that Sellers should appear near the 1642 to 1655 region and cap a rally. BW Traders can sell at 1641 and risk a close over 1657 for three days in a row.
Support is near 1592.00 and the 1576 to 1569 region.
MAY COPPER
Resistance should appear near 34930 to 35030. BW Traders can sell at 34930 and hold for lower prices. Beyond that sellers should appear near 35530 to 35630.
Support should appear near 34430 to 34250 and the 33860 to 33770 region.
MAY SILVER
Resistance should appear near 2874 to 2883 and the 2928 to 2937 region.
Support is at 2829 to 2820 and the 2724 to 2716 region.
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 9641 to 9625 and 9542 to 9526 .
Resistance should appear near 9706 to 9737 and 9821 to 9837.
MAY HEATING OIL
Support should appear near 29900 to 29720.
Resistance should appear near 30920 to 31020.
MAY UNLEADED GAS
Support should appear near 31020 to 30920 and 30680.
Resistance should appear 31480 to 31570 and 31940 to 32130
MAY NATURAL GAS
Resistance should appear at 4110 to 4120 and 4238 to 4249
Support should appear near 4056 to 4046 and 3929 to 3909.
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1421 to 1415 and 1399.
Resistance should appear near 1437 and the 1453 to 1459 region.
JULY SOYOIL
Resistance should appear near 5127 to 5139 and the 5200 to 5211 region, which should cap a rally.
Support should appear near 5067 to 5056 and the 4995 to 4973 region.
JULY SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.5
Support should appear near 412 to 411 and the 405.6 to 404.6 region.
JULY CORN
Support should appear 708 ¾ to 707 ½ and 700 ¼ to 699.
Resistance should appear near 732 ¾ to 734 ½ and the 741 ½ to 742 ¾ region.
JULY WHEAT
Resistance should appear near 741 ¾ to 742 ¾ and the 776 ¼ to 777 ¾ region, which should cap a rally. BW Traders can sell at 776 ¼ and hold for lower prices.
Support should appear near 725 ½ to 724 ¼ and the 708 ¾ to 707 ½ region, below that a test of 683 ¾ to 680 ¾ is likely.
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12187 and the 12030 to 11920 region
Resistance should appear near 12320 to 12380 and 12445
JUNE HOGS
Support should appear near 9062 to 9037 and the 8967 to 8937 region.
Resistance should appear near 9137 to 9162 and 9317 to 9347.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13830 to 13770 and 13460 to 13340.
Resistance should appear near 14150 to 14210 and 14530 to 14590.
JULY COCOA
Resistance should appear near 2170 to 2185
Support should appear near 2089 to 2080.
JULY SUGAR
Resistance is near 1808 to 1822.
Support should appear near the 1738 to 1731 region.
JULY COTTON
Support should appear near 8964 to 8934 and 8872 to 8856.
Resistance is near 9044 to 9060 and 9140 to 9156
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 March 27, 2013
3:30 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 March 28, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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