FuturesCom Morning Investment Comments Tuesday March 26, 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
Monday March 25, 2013
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,370.00 and the 14,210.00 to 14150.00 region.
Resistance remains near the 14,530.00 to 14,590.00 region.
JUNE E-MINI SP500
Resistance should appear 1552.00 and the 1569.00 to 1576.00 region.
Support should appear near 1535.00 to 1529.00 and 1512.50. 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 and the 3157.00 to 3148.00 region.
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 952.60 to 954.30. Beyond that a test of 970.60 to 973.70 is likely.
Support should appear near 934.70 to 931.60 and 923.70.
JUNE 30 YR BOND
Resistance should appear near 144-07 and 144-21. Beyond that sellers should appear near 145-07.
Support should appear near 143-07 and 142-21. Below that a test of 141-21 is likely.
JUNE 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
JUNE DOLLAR INDEX
Resistance should appear near 8314 A close over is friendly and augurs for a test of 8391 to 8406.
Support should appear near 8223 to 8194 and should hold.
BW Traders should go long if a close over 8317 occurs.
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.
Resistance should appear near 12890 then 12965 and 13040 to 13100
JUNE SWISS FRANC
Resistance should appear near 10580 to 10630 and 10680
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 15125 and 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 9779. Beyond that sellers should appear near 9821 to 9837.
BW Traders can sell at 9821 and hold for lower prices. Risk a close over 9887 for three days in a row.
Support should appear near 9737 to 9706 and 9641 to 9425.
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, below that a test of 1552 and the 1535 to 1529 region is likely.
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 2928 to 2937 and the 2972 to 2990 region.
Support is at 2829 to 2820 and the 2724 to 2716 region.
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 9445 to 9429 and 9347 to 9316.
Resistance should appear near 9526 to 9542 and 9625 to 9641
MAY HEATING OIL
Support should appear near 29370 to 29280 and the 28830 to 28740 region.
Resistance should appear near 30360 to 30450 and the 30920 to 31020 region.
MAY UNLEADED GAS
Support should appear near 30450 to 30360 and the 29370 to 29280 region.
Resistance should appear 31480 to 21570 and 32610 to 32700.
MAY NATURAL GAS
Resistance should appear at 4046 to 4056 and the 4110 to 4120 region.
Support should appear near 3867 to 3858 and the 3743 to 3734 region.
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1399 and the 1383 to 1373 region.
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 4995 to 4973 region. Below that buyers should appear near 4926 to 4915.
JULY SOYMEAL
Resistance should appear near 416.3 to 418.3 and 423.8 to 424.9
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 714 ¼ to 717, beyond that sellers 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 12030 to 11920 which should hold.
Resistance should appear near 12320 to 12380
JUNE HOGS
Support should appear near 9062 to 9037 8967 to 8937.
Resistance should appear near 9317 to 9347.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340 and 13100 to 13040.
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 1858 to 1865.
Support should appear near the 1738 to 1731 region.
JULY COTTON
Support should appear near 8777 to 8762 and 8683 to 8668.
Resistance is near 8856 to 8871 and 8934 to 8964.
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
Monday March 25, 2013
4:00 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 Tuesday March 26, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
FuturesCom Investment Publications Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996-2013 All Rights Reserved
