Morning Investment and Day Trading Comments Friday November 22, 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
We can easily forgive a child who is afraid of the dark. The real tragedy of life is when men are afraid of the light –Plato–
Thursday November 21 2013
3:30 PM South Florida Beach Time
Traders should stay nimble and tune in for Day Trades, BW flashes and Updates for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,925.00 and the 15,760.00 to 15,690.00 region.
Resistance is near 16,090.00 to 16,150.00.
DEC E-MINI SP500
Resistance should appear near 1801.00 and the 1808.00 to 1822.00 region
Support should appear near 1792.00 then 1786.00 and the 1780.00 to 1774.00 region
NASDAQ COMPOSITE
Resistance remains near 3982.00 to 3992.00, a close or extended trade over is friendly and augurs for a test of the 4046.00 to 4056.00 region.
Support should appear near 3955.00 and the 3929.00 to 3909.00 region.
DEC E-MINI NASDAQ 100
Support should appear near 3386.00 to 3377.00 and 3352.50
Resistance should appear near 3405.50, a close over augurs for a test of the 3425.00 to 3443.00. region. BW Traders should go long if a close over 3407 occurs.
DEC E-MINI RUSSELL 2000
Resistance should appear at the 1130.00 to 1136.00 region.
Support should appear near 1115.50 then 1108.50 and the 1101.00 to 1096.00 region.
DEC 30 YR BOND
Resistance should appear near 131-21 and 132-07
Support should appear near 130-21 and 130-07
DEC 10 YR NOTE
Resistance should appear near 126-21 and 127-07
Support should appear near 125-21 and 125-07
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029.
DEC JAPANESE YEN
Resistance should appear near 9921 to 9937
Support should appear near 9837 to 9821
DEC EURO CURRENCY
Support should appear near 13460 and 13400 to13340
Resistance should appear near 13537 and 13615.
BW Traders can sell at 13612 and risk 50 points.
DEC SWISS FRANC
Resistance should appear near 10960 to 11010
Support is near 10890 and 10820
DEC BRITISH POUND
Support should appear near 16150 to 16090
Resistance should appear near 16287, beyond that a test of 16420 to 16550 is likely.
DEC CANADIAN DOLLAR
Resistance should appear near 9526 to 9542.
Support should appear near 9486 and the 9445 to 9429 region.
DEC AUSSIE DOLLAR
Support should appear near 9156 to 9140
Resistance should appear near 9316 to 9347
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1268 to 1274
Support is near the 1238.0 to 1232.0 region
MARCH COPPER
Resistance should appear near 32610 to 32700.
Support should appear near 31570 to 31480.
MARCH SILVER
Support should appear near 1909 to 1902
Resistance is at 2034 to 2042.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 9625 to 9641
Support should appear near 9347 to 9316
JANUARY HEATING OIL
Support should appear near should appear near 29900 to 29720 and 29370 to 29280.
Resistance should appear 30360 to 30450 and 30920 to 31020
JANUARY UNLEADED GAS
Support should appear near the 26720 to 26600 and 26200 to 26120
Resistance should appear near 27160 to 27240 and 27580 to 27750
JANUARY NATURAL GAS
Resistance should appear at 3795 to 3806
Support should appear near 3682 to 3663.
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1289 and 1274 to 1268
Resistance should appear near 1304 to 1310 and 1322
MARCH SOYOIL
Resistance should appear near 4238 to 4249 and 4304 to 4315
Support should appear near 4183 to 4163 and 4120 to 4110
MARCH SOYMEAL
Resistance should appear near 399.2 to 398.2 and 404.6 to 405.6
Support should appear near 392.9 to 390.9 and the 386.7 to 385.8 region.
MARCH CORN
Support should appear near 424 ¾ to 423 ¾
Resistance should appear near 437 to 438 ¼
MARCH WHEAT
Resistance should appear near 665 ¾ to 667 ½
Support should appear near 635 to 633 ¾.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13237 and 13340.
DEC HOGS
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance should appear near 8667 to 8682 and 8762 to 8777
FEB HOGS
Support should appear near 9037 and 8957 to 8932
Resistance should appear near 9137 to 9157 and 9237
APRIL HOGS
Support should appear near 9237 and 9157 to 9137
Resistance should appear near 9347 and 9427 to 9442
JUNE HOGS
Support should appear near 9837 to 9822
Resistance should appear near 10022 to 10037
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11010 to 10960 and 10820.
Resistance should appear near 11300 to 11360.
MARCH COCOA
Resistance should appear near 2820 to 2829
Support should appear near 2775 to 2758.
MARCH SUGAR
Resistance is near the 1774 to 1780.
Support should appear near 1738 to 1731
MARCH COTTON
Support should appear near the 7777 to 77623 and 7689 to 7675
Resistance is at 7939 to 7954 and 8029 to 8044
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 November 21, 2013 4:50 PM South Florida Beach Time
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