FuturesCom Morning Investment Comments Tuesday July 30, 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 July 29, 2013
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290.00 and 15,125.0.
Resistance should appear near the 15,690.00 to 15,760.00 region.
SEPTEMEBER E-MINI SP500
Resistance should appear near 1689.00 to 1696.00 and the 1731.00 to 1738.00 region.
Support should appear near 1672.00 and the 1655 to 1642 region.
NASDAQ COMPOSITE
Resistance should appear near 3613.00 to 3623.00 and the 3663.00 to 3682.00 region.
Support should appear near 3563.00 to 3553.00 and 3503 to 3493.
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3045.00 to 3036.00 and 2990.00 to 2972.00.
BW Traders can buy at 2992.00 and risk a close under 2967.00 for three days in a row.
Resistance should appear near 3092.00 to 3102.00 and the 3148.00 to 3157.00 region.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1047.00 and the 1058.00 to 1068.00 region.
Support should appear near 1036.00 to 1032.00 and 1023.70
SEPTEMBER 30 YR BOND
Resistance should appear near 134-07 and 134-21
Support should appear near 133-21 and 133-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 126-21 and 127-07.
Support should appear near 126-07 and 125-21.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8194 to 8223 and the 8300 to 8314 region.
Support should appear near 8134 to 8119 and the 8044 to 8029 region.
SEPT JAPANESE YEN
Resistance should appear near 10237 and the 10320 to 10360 region.
Support should appear near 10185 and the 10136 to 10104 region.
SEPT EURO CURRENCY
Support should appear near 13220 and 13160
Resistance should appear near 13340 to 13460
SEPT SWISS FRANC
Resistance should appear near 10815 and 10960 to 11010.
Support should appear near 10680 to 10580.
SEPT BRITISH POUND
Support should appear near 15290 and 15207
Resistance should appear near 15437 and 15525
SEPT CANADIAN DOLLAR
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706 and the 9641 to 9625 region.
BW Traders should go short if a close under 9705 occurs.
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9156 to 9140 and 9060 to 9044
Resistance should appear near 9237 and the 9316 to 9347 region.
BW Traders can sell at 9315 and hold for lower prices
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1334 to 1346 then 1361.5 and 1377 to 1383.
Support is near 1322 and 1310 to 1304
SEPTEMBER COPPER
Resistance should appear near the 31480 to 31570. BW Traders can sell at 31470 and risk a close over 31650 for three days in a row. Beyond that sellers should appear near 31940 to 32130.
Support should appear near 30450 to 30360 and 29900 to 29720.
SEPTEMBER SILVER
Resistance should appear near 1989 to 1996 and the 2034 to 2042 region.
Support is at the 1953 to 1946 region. Below that buyers should appear near 1909 to 1902 and the 1865 to 1858 region. BW Traders can buy at 1912 for a bounce and initially plan on risking a close under 1899 for three days in a row.
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Resistance should appear near 10580 to 10680 and 10815
Support should appear near 10360 to 10320 and the10136 to 10104 region
BW Traders should go long if a close over 10690 occurs.
SEPT HEATING OIL
Support should appear near should appear near 29900 to 29720 and the 29370 to 29280 region. Resistance should appear 30360 to 30450, a close over is friendly and augurs for a test of 30920 to 31020. BW Traders should go long if a close over 304.70 occurs.
SEPT UNLEADED GAS
Support should appear near 29720 and 29370 to 29280.
Resistance should appear near 30380 to 30450 and 30920 to 31020
SEPT NATURAL GAS
Resistance should appear at 3553 to 3563 and 3613 to 3623
Support should appear near 3443 to 3425 and 3388 to 3377
THE GRANDE’ GRAINS
SEPTEMBER SOYBEANS
Support should appear near 1268 and 1253.
Resistance should appear near 1274 and 1289
NOVEMBER SOYBEANS
Support should appear near 1203 to 1192
Resistance should appear near 1232 to 1238.
DECEMBER SOYOIL
Resistance should appear near 4304 to 4315 and 4370 to 4381.
Support should appear near 4249 to 4238 and 4183 to 4163
DECEMBER SOYMEAL
Resistance should appear near 373.4 to 374.3 and 379.5 to 380.6
Support should appear near 368.2 to 366.3 and 362.3 to 361.3.
SEPT CORN
Support should appear near 485 ¾ to 484 ¾.
Resistance should appear near 497 ¼ to 499 ½.
DEC CORN
Support should appear near 471 ¾ to 469 ½ and 465 to 463 ¾
Resistance should appear near 477 ½ to 478 ¾ and 484 ½ to 485 ¾.
SEPT WHEAT
Resistance should appear near 657 ¾ to 659 ¾.
Support should appear near 643 to 641 ¾
DEC WHEAT
Resistance should appear near 665 ¾ to 667 ¼. Beyond that a test of 674 ¾ to 675 ½ is likely.
Support should appear near 659 1/4 to 657 ¾ and the 650 ¾ to 648 ¾ region.
BW Traders should go long if close over 669 occurs.
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12537 and 12447
Resistance should appear near the 12680 to 12740 region.
AUGUST HOGS
Support should appear near 9782 then 9737 to 9707 and 9642 to 9622
Resistance should appear near 9822 to 9837 then 9877 and 9922 to 9937
OCTOBER HOGS
Support should appear near 8407 to 8392. BW Traders can buy at 8412 and risk a close under 8387 for three days in a row. Below that 8317 to 8302 should hold.
Resistance should appear near 8487 to 8502 and 8557 to 8587
DECMBER HOGS
Support should appear near 8137 to 8117 and the 8047 to 8027 region.
Resistance should appear near 8192 to 8222 and the 8300 to 8317 region.
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 12030 to 11920.. Below that a test of 11690 to 11640 is likely.
Resistance should appear near 12320 to 12380 and the 12680 to 12740 region. BW Traders can sell at 12670 and initially risk a close over 12775 for three days in a row.
SEPT COCOA
Resistance should appear near 2315 to 2322 and 2354 to 2370.
Support should appear near 2267 and the 2226 to 2219 region.
OCT SUGAR
Resistance is near 1696 and the 1731 to 1738 region.
BW Traders can sell at 1730 and hold for lower prices.
Support should appear near 1655 to 1642 and 1615 to 1609
DEC COTTON
Support should appear near 8406 to 8391 and 8314 to 8300.
Resistance is 8560 to 8589 and 8668 to 8683.
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 July 29, 2013 2:55 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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