Morning Investment and Day Trading Comments Thursday November 7, 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
The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty. — Winston Churchill —
Wednesday November 06 2013
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 15,690.00 and 15,520.00.
Resistance remains near 15,760.00. A close over is friendly and augurs for a test of 15,925.00 and eventually the 16,090.00 to 16,150.00 region.
DEC E-MINI SP500
Resistance should appear near the 1774.00 to 1780 region. A close over is friendly and augurs for a test of the 1808.00 to 1822.00 region.
Support should appear near 1765.00 then 1757.00 and 1747.00.
Aggressive BW Traders should go long if a close over 1780.75 occurs.
NASDAQ COMPOSITE
Resistance should appear near 3955.50 and the 3982.00 to 3992.00 region.
Support should appear near 3929 to 3909.00 and 3888.00
DEC E-MINI NASDAQ 100
Support should appear near 3377.00 then 3352.50 and the 3328.00 to 3319.00 region.
Resistance should appear near 3386.00 then 3405.50 and the 3425.00 to 3443.00 region.
BW Traders should go long if a close over 3387.00 occurs.
DEC E-MINI RUSSELL 2000
Resistance should appear at 1101.00 and 1115.50.
Support should appear near 1096.00 and 1082.50.
Stay tuned for Index Flashes.
DEC 30 YR BOND
Resistance should appear near 133-21 and 134-07
Support should appear near 132-21 and 132-07
DEC 10 YR NOTE
Resistance should appear near 127-07 and 127-21
Support should appear near 126-21 and 126-07
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 10185 and 10227.
Support should appear near 10104, a close under is negative and augurs for at test of 10037 to 10021.
DEC EURO CURRENCY
Support should appear near 13460 to 13400 and 13340.
Resistance should appear near 13615. BW Traders can sell at 13617 and risk 50 points.
Beyond that sellers should appear near 13770 to 13830
DEC SWISS FRANC
Resistance should appear near 10985 then 11010 and 11087
Support should appear near 10960 then 10927 and 10890
DEC BRITISH POUND
Support should appear near 16007 and 15927.
Resistance should appear near 16090 to 16150.
DEC CANADIAN DOLLAR
Resistance should appear near 9625 to 9641
Support should appear near 9542 to 9526.
DEC AUSSIE DOLLAR
Support should appear near 9445 to 9429 and 9347 to 9316.
Resistance should appear near 9526 to 9542 and 9625 to 9641
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1322.0 and the 1334.0 to 1346.0 region.
Support is near 1310.00 to 1304.0 and 1289.00.
DEC COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33280.
Support should appear near 32130 to 31940 and 31570 to 31480
DECEMBER SILVER
Support should appear near 2170 and 2134.0 to 2126.0
Resistance at the 2219.0 to 2226.0
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 9625 to 941
Support should appear near 9445 to 9429
JANUARY HEATING OIL
Support should appear near should appear near the 28290 to 28200 region. BW Traders with Ice Water running thru their veins can buy at 28310 and risk a close under 28190 for three days in a row.
Resistance should appear 28740 to 28830 and 29280 to 29370.
JANUARY UNLEADED GAS
Support should appear near 24690 to 24610
Resistance should appear near 25620 to 25680.
JANUARY NATURAL GAS
Resistance should appear at 3613 to 3623.
Support should appear near the 3503 to 3493 region.
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1238.00 to 1232.00 below that buyers should appear near 1203 to 1192.
Resistance should appear near 1268 to 1274
DEC SOYOIL
Resistance should appear near 4163 to 4183
Support should appear near 4056 to 4046.
DEC SOYMEAL
Resistance should appear near 404.6 to 405.6 and 416.3 to 418.3.
Support should appear near 392.9 to 390.9 and the 386.7 to 385.8 region.
DEC CORN
Support should appear near and 418 ¼ to 416 ¼ and 399 ¼ to 398 ¼
Resistance should appear near 430 ½ to 431 ¾ and 442 ¼ to 448 ½.
DEC WHEAT
Resistance should appear near 665 ¾ to 667 ¼
Support should appear near 635 to 633 ¾
THE LIVELY LIVESTOCK
DEC CATTLE
Support should appear near 13100 to 13040.
Resistance should appear near 13340 to 13460.
FEB CATTLE
Support should appear near 13340 and 13217
Resistance should appear near 13460, a close over is friendly and augurs for a test of 13530.
DEC HOGS
Support should appear near 8682 to 8662 and 8592 to 8562
Resistance should appear near 8757 to 8772 and 8857 to 8872
FEB HOGS
Support should appear near 9062 to 9037
Resistance should appear near 9137 to 9157
APRIL HOGS
Support should appear near 9157 to 9137
Resistance should appear near 9317 to 9347
JUNE HOGS
Support should appear near 9837 to 9822.
Resistance should appear near 9922 to 9937
THE SATISFYING SOFTS
DEC COFFEE
Support should appear near 10140 to 10105
Resistance should appear near 10320 to 10360
DECEMBER COCOA
Resistance should appear near 2820 to 2829
Support should appear near 2724 to 2716
MARCH SUGAR
Resistance is near 1822 and 1858 to 1865.
Support should appear near the 1808 and the 1780 to 1774 region.
DEC COTTON
Support should appear near 7513 to 7486
Resistance is at 7836 to 7864
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 November 06, 2013 3:30 PM South Florida Beach Time
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