Mar 312014
 

Morning Investment and Day Trading Comments Tuesday April 1, 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

Courage in a Speculator is merely confidence to act on the decision of his mind

Monday March 31, 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 16,275.00.
Resistance is at 16,550.00 and 16,720.00

JUNE E-MINI SP500

Resistance is at 1883.50 and the 1902.00 to 1909.00 region.
Support should appear near 1858.00 and 1840.00
BW Traders should go long if a close over 1865.25 occurs.

NASDAQ COMPOSITE

Resistance should appear near the 4238.00 to 4249.00 region.

Support should appear near the 4183.00 to 4163.00 region.

 

 

JUNE E-MINI NASDAQ 100

Support should appear near 3563.00 to 3553.00.
Resistance is at 3613.00 to 3623.00.
JUNE E-MINI RUSSELL 2000

Resistance should appear at 1180.50 and the 1192.00 to 1203.00 region.
Support should appear near 1164.00 and 1150.00
JUNE 30 YR BONDS

Resistance should appear near 133-21 and 134-07.
Support should appear near 132-21 and 132-07

JUNE 10 YR NOTE

Resistance should appear near 123-21 and 124-07

Support should appear near 123-07 and 122-21                                                 

 

                                               THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX

Resistance should appear near 8029 to 8044 and 8064

Support should appear near the 7992 and the 7954 to 7939 region

JUNE JAPANESE YEN
Resistance should appear near 9706 to 9737 then 9779 and 9821 to 9837
Support should appear near 9641 to 9625 and 9542 to 9526       

 

JUNE EURO CURRENCY

Support should appear near 13770 and 13615
Resistance should appear near 13830 and 13915


JUNE SWISS FRANC

Resistance should appear near 11360 and 11415

Support is near 11300 and 11555

JUNE BRITISH POUND

Support should appear near the 16550 to 16420 region.

Resistance remains near 16720 and the 16890 to 16960 region.
JUNE CANADIAN DOLLAR

Resistance should appear near 9044 to 9060 and 9140 to 9156
Support should appear near 9004 and 8964 to 8934

JUNE AUSSIE DOLLAR

Support should appear near 9156 to 9140
Resistance should appear near 9316 to 9347

                                                     THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1304.0 to 1310.0.

Support is near 1274.0 to 1268.0

MAY COPPER
Resistance should appear near 30360 to 30450.

Support should appear near 29900 to 29720.

MAY SILVER

Support should appear near 1953 to 1946 and the 1090 to 1902 region.

Resistance is at 1982 to1996 and 2034 to 2042
                                                                                      

 

 

                                                       THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 10237 and 10320 to 10360

Support should appear near 10136 to 10104 and 10071

JUNE CRUDE OIL

Resistance should appear near 10104 to 10136

Support should appear near 10037 to 10021

 

MAY BRENT CRUDE OIL
Resistance should appear near 10815 and 10960 to 11010
Support should appear near 10680 to 10630 and 10580.

 

MAY HEATING OIL

Support should appear near should 28830 to 28740
Resistance should appear 29720 to 29900

 

MAY UNLEADED GAS

Support should appear 29055 and 28830 to 28740

Resistance should appear near 29280 to 29370 and 29720 to 29900

MAY NATURAL GAS

Resistance should appear at 4425 to 4446

Support should appear near 4315 to 4304         

 

 

 

 

 

 

 

 

                                              THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1459 to 1453 and 1437

Resistance should appear near 1484 to 1496

 

JULY SOYBEANS
Support should appear near 1421 to 1415.

Resistance should appear near 1453 to 1459.

 

NOVEMBER SOYBEANS
Support should appear near 1180 ½ and 1169 to 1164

Resistance should appear near 1192 to 1203 and 1232 to 1238

 

JULY SOYOIL
Resistance should appear near 4110 to 4120 and 4163 to 4183
Support should appear near 4056 to 4046 and 3992 to 3982

MAY SOYMEAL

Resistance should appear near 484.5 to 485.6 and 491.5 to 492.6

Support should appear near 478.5 to 477.5 and 471.7 to 469.5
JULY CORN

Support should appear near 499 ½ to 497 ¾ and 492 ¾ to 491 ½
Resistance should appear near 512 ¾ to 513 ¾ and 520 to 521 ¼

 

MAY WHEAT

Resistance should appear near 707 ½ to 708 ¾ and 714 ¼ to 717.

Support should appear 683 ¾ to 680 ¾ and 667 ¼ to 665 ¾        

 

 

 

 

 

                                                         THE LIVELY LIVESTOCK

JUNE CATTLE

Support should appear near 13617 and 13460 to 13340

Resistance should appear near 13770 to 13830

AUGUST CATTLE

Support should appear near 13342 and 13222

Resistance should appear near 13467 and 13517

APRIL HOGS

Support should appear near 12527 and 12382 to 12322
Resistance should appear near 12680 to 12770 and 12887

 

JUNE HOGS

Support should appear near the 12682 and 12537

Resistance should appear near 12742 and 12892                     

                                       

 

                                              THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 18080 to 18220

Support should appear near 17380 to 17310.

 

MAY COCOA

Resistance should appear near 3036 to 3045, beyond that a test of 3092 to 3102 is likely

Support should appear near 2937 to 2928 and the 2883 to 2874 region.
BW Traders can buy at 2887 for a bounce and hold for higher prices.

MAY SUGAR

Resistance is near 1808 to 1822
Support should appear near 1737 to 1731.
MAY COTTON

Support should appear near 9156 to 9140
Resistance is at 9526 to 9542
                                       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 31, 2014 4:15 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.

Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved