Morning Investment and Day Trading Comments Wednesday April 30, 2014 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
Tuesday April 29, 2014 2:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,420.00 and 16,285.00
Resistance at 16,635.00 and 16,720.00
JUNE E-MINI SP500
Resistance is at 1874.00 then 1883.50, beyond that sellers should appear near 1902.00 to 1909.00
Support should appear near 1865.00 to 1858.00 and 1840.00.
NASDAQ COMPOSITE
Resistance should appear at 4110.00 to 4120.00 and 4163.00 to 4183.00
Support should appear near 4056.00 to 4046.00 and the 3992.00 to 3982.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 3553.00 and the 3503.00 to 3493.00 region.. Resistance is at 3613.00 to 3623.00
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00
Support should appear near the 1101.00 to 1096.00 region.
JUNE 30 YR BONDS
Resistance should appear near 135-07 and 136-07 Support should appear near 134-07 and 133-21
JUNE 10 YR NOTE
Resistance should appear near 124-21 and 125-07
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7991 and the 8029 to 8044 region.
Support should appear near the 7959 to 7939 region
JUNE JAPANESE YEN Resistance should appear near 9821 to 9837 Support should appear near 9737 to 9706.
JUNE EURO CURRENCY
Support should appear near 13800 to 13770 then 13692 and 13617 Resistance should appear near 13830 then 13910 and 13990.
JUNE SWISS FRANC
Resistance should appear near 11360 then 11430 and 11500
Support is near 11300 and 11155 JUNE BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region.
Resistance remains near the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9140 to 9156 Support should appear near 9100 and 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9160 to 9156. Resistance should appear near the 9316 to 9347 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0
Support should appear near 1289 and the 1274.0 to 1268.0 region.
JULY COPPER Resistance should appear near 30920 to 31020
Support should appear near 30540 to 30360
JULY SILVER
Support should appear near 1946 and 1909.0 to 1902.0
Resistance is at 1982.0 to 1996.0 and 2034 to 2042
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10228 and 10320 to 10360
Support should appear near 10104 and 10037 to 10021
JUNE BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010.
Supportshould appear near 10815 then 10747 and 10680 to 10580
JUNE HEATING OIL
Support should appear near should appear near the 29370 to 29280 region. Resistance should appear the 29720 to 29900 region.
JUNE UNLEADED GAS
Support should appear 29900 to 29720 then 29555 and the 29370 to 29280 region.
Resistance should appear near the 30360 to 30450 region.
JULY NATURAL GAS
Resistance should appear 4845 to 4856, beyond that a trade towards 4915 to 4926 is likely.
Support should appear near 4785 to 4775 and the 4717 to 4695 region.
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near the 1512 and the 1496 to 1484 region.
Resistance should appear near 1529 to 1535, beyond that a test of 1552 is likely
NOVEMBER SOYBEANS Support should appear near the 1238 to 1232.
Resistance should appear near 1253. Beyond that a test of 1268 to 1274 is likely.
JULY SOYOIL
Resistance should appear near 4370 to 4381. Support should appear near the 4249 to 4238 region.
JULY SOYMEAL
Resistance should appear near 497.3 to 499.5, beyond that a test of 505.6 to 506.7 is likely
Support should appear near 485.6 to 484.5 and the 478.5 to 477.5 region.
JULY CORN
Support should appear near 513 ¾ to 512 ¾ and the 506 ¾ to 505 ¾ region.
Resistance should appear near 525 ¾ to 528 ¼ , beyond that a test of 534 ½ to 535 ¾ is likely. Trade Accordingly
JULY WHEAT
Support should appear near 714 ¾ and 708 ¾ to 707 ½
Resistance should appear near 732 ¾ to 734 ¾ beyond that a test of 741 ½ to 742 ¾ is likely Trade accordingly…
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13692 and 13617.
Resistance should appear near the 13770 to 13830 region.
AUGUST CATTLE Support should appear near 13537 and 13460 to 13340.
Resistance should appear near the 13770 to 13680 region.
JUNE HOGS
Support should appear near 12532 and 12380 to 12320
Resistance should appear near 12680 to 12740.
AUGUST HOGS
Support should appear near 12217 then 12187. Resistance should appear near 12317 to 12382.
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 21700 to 21850, beyond that as test of 22190 to 22260 is likely.
Support should appear near 20890 to 20800 and 20420 to 20340.
JULY COCOA
Resistance should appear near 2972 to 2900.
Support should appear near 2937 to 2928. BW Traders should go long if a close over 3047 occurs.
JULY SUGAR
Resistance is near 1774 to 1780 Support should appear near 1738 to 1731
JULY COTTON
Support should appear near 9347 to 9316 and 9237. Resistance is at 9429 to 9445 beyond that a test of 9526 to 9542 is likely.
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
Tuesday April 29, 2014 2:55 PM South Florida Beach Time
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