Morning Investment and Day Trading Comments Tuesday April 8 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
“It’s better to be out of a market wishing you were in that in a market wishing you were out”
Monday April 07, 2014
3:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,150.00 to 16,090.00.
Resistance is at 16,420.00 to 16,550.00.
JUNE E-MINI SP500
Resistance is at 1858.00 to 1865.00.
Support should appear near the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4110.00 to 4120.00
Support should appear near the 4056.00 to 4046.00 region
JUNE E-MINI NASDAQ 100
Support should appear near 3503 to 3493 and the 3443.00 to 3425.00 region.
Resistance is at 3553.00 to 3563.00 and 3613 to 3623
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1136.00 and 1164.00 to 1169.00.
Support should appear near 1130.00 and the 1101.00 to 1096.00 region.
JUNE 30 YR BONDS
Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 132-21.
JUNE 10 YR NOTE
Resistance should appear near 124-07 and 124-21.
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8044 and 8119 to 8134.
Support should appear near 8029 and 7992.
JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837.
Support should appear near 9641 to 9625.
JUNE EURO CURRENCY
Support should appear near the 13692 and 13617.
Resistance should appear near 13770 to 13830.
JUNE SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11155 and the 11010 to 10960 region.
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 9140 to 9156
Support should appear near 9100 and 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9156 to 9140.
Resistance should appear near 9316 to 9347.
Stay tuned for Forex Flashes.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0 and the 1334.0 to 1346.0 region.
Support should appear near 1289.00 and the 1274.0 to 1268.0 region.
MAY COPPER
Resistance should appear near 30920 to 31020.
Support should appear near 29900 and 29720.
MAY SILVER
Support should appear near 1953 to 1946.
Resistance is at 2034 to 2042
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10104 to 10136
Support should appear near the 10037 to 10021 region.
JUNE CRUDE OIL
Resistance should appear near 10021 to 10037
Support should appear near 9937 to 9921.
JUNE BRENT CRUDE OIL
Resistance should appear near 10630 to 10680
Support should appear near 10580 and 10470.
MAY HEATING OIL
Support should appear near should appear near 28830 to 28740.
Resistance should appear 29280 to 29370.
MAY UNLEADED GAS
Support should appear 28830 to 28740
Resistance should appear near 29280 to 29370
BW Traders should go long if a close over 29410 occurs.
MAY NATURAL GAS
Resistance should appear at 4503 to 4514 and 4571 to 4582
Support should appear near 4446 to 4425 and 4381 to 4370
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near the 1459 to 1453 region.
Resistance should appear near 1484 to 1496.
JULY SOYBEANS
Support should appear near 1437… Under that buyers should appear near 1421 to 1415
and should contain a decline.
Resistance should appear near 1453 to 1459 and 1471 ½.
NOVEMBER SOYBEANS
Support should appear near 1203 to 1192.
Resistance should appear near 1232 to 1238.
JULY SOYOIL
Resistance should appear near 4183 and the 4238 to 4249 region.
Support should appear near 4120 to 4110 and 4056 to 4046.
JULY SOYMEAL
Resistance should appear near 469.5 to 471.7, beyond that a test of 477.5 to 478.5 is likely.
Support should appear near 463.9 and the 458.1 to 457.1 region.
Trade Accordingly
JULY CORN
Support should appear near the 499 ½ to 497 ¼ region. Below that buyers should appear near 492 ¾ to 491 ½ region.
Resistance should appear near 512 ¾ to 513 ¾ and the 520 to 521 ¼ region.
JULY WHEAT
Resistance should appear near 690 ¾ to 691 ¾ and 707 to 708 ¾
Support should appear 680 ¾ and the 675 ½ to 674 ¾ region.
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13532 then 13617 and 13687.
AUGUST CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460.
JUNE HOGS
Support should appear near 12030 to 11960.
Resistance should appear near 12320 to 12380.
Stay tuned for Livestock flashes.
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near the 20340 to 20420 region.
Beyond that a test of 20800 to 20890 is likely
Support should appear near 19530 to 19460 and 19090 to 19020.
JULY 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 should go long if a close over 3047 occurs
JULY SUGAR
Resistance is near 1774 to 1780 and 1808 to 1822
Support should appear near 1738 to 1731 and the 1696 to 1689 region.
JULY COTTON
Support should appear near 9100 and the 9060 to 9044 region.
Resistance is at 9140 to 9156 and the 9316 to 9347 region.
BW Traders should go long if a close over 9348 occurs.
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 April 07, 2014 3:00 PM South Florida Beach Time
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