Morning Investment and Day Trading Comments Friday August 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
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–” – Reminiscences of a Stock operator. –
Thursday July 31, 2014
1:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 16,550.00 to 16,420.00 and 16,150.00 to 16,090.00
Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region.
DOW JONES TRANSPORTS
Support should appear near 8134.00 to 8119.00 and 8044.00 to 8029.00
Resistance is at 8194.00 to 8223.00 and 8300.00 to 8314.00
SEPTEMBER E-MINI SP500
Resistance is at 1927.50 then 1946.00 to 1953.00 and 1967.50.
Support should appear near 1909.00 to 1902.00 and the 1865.00 to 1858.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4425.00 to 4446.00
Support should appear near 4315.00 to 4304.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3867.00 to 3858.00 and the 3806.00 to 3795.00 region
Resistance is at 3909.00 to 3929.00 and 3982.00 to 3992.00.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1130.00 to 1136.00 and 1150.00
Support should appear near 1101.00 to 1096.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 137-21 and 138-07
Support should appear near 136-07 and 135-21
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-06 and 123-22
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8194 to 8213
Support should appear near 8134 to 8119
SEPTEMBER JAPANESE YEN
Resistance should appear near 9737 and 9779
Support should appear near 9641 to 9625
SEPTEMBER EURO CURRENCY
Support should appear near 13340 and 13100 to 13040
Resistance is at 13400 to 13460. BW Traders can sell at 13460 and risk 50 points
SEPTEMBER SWISS FRANC
Resistance should appear near 11082 and 11155.
Support is near the 10960 and 10817
SEPTEMBER BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region
Resistance should appear near 16890 to 16960.
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9237 and 9316 to 9347.
BW Traders can sell at 9311 and risk a close over 9352.
Support should appear near 9156 to 9140 then 9102 and 9060 to 9044
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9227 and 9156 to 9140
Resistance should appear near 9316 to 9347
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1289 and 1304.0 to 1310.0
Support should appear near 1274.0 to 1268.0
SEPTEMBER COPPER
Resistance should appear near 32610 to 32700
Support should appear near 32130 to 31940 and 31020 to 30920
SEPTEMBER SILVER
Support should appear near the 2034.0 and 1996.0 to 1982.0
Resistance is at 2080.0 to 2089.0 and 2126.0 to 2134.0
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 9542 to 9526 and 9347 to 9316
Resistance should appear near 9625 to 9641 and 9706 to 9737
SEPTEMBER BRENT CRUDE OIL
Resistanceshould appear near 10680 and 10750.
Supportshould appear near 10470 and 10360 to 10320
SEPTEMBER HEATING OIL
Support should appear near 28290 to 28200
Resistance should appear near 29280 to 29370
SEPTEMBER UNLEADED GAS
Support should appear 27750 to 27580 and 27240 to 27160
Resistance should appear near 28200 to 28310
SEPTEMBER NATURAL GAS
Resistance should appear 3.909 to 3.929
Support should appear near 3.623 to 3.613.
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058
Resistance should appear near 1096 to 1101
DECEMBER SOYOIL
Support should appear near 3563 to 3553
Resistance should appear near 3663 to 3682
DECEMBER SOYMEAL
Resistance should appear near 355.3 to 356.3 and 361.3 to 362.3
Support should appear near 344.3 to 342.5 and 338.6 to 337.7
DECEMBER CORN
Support should appear near 362.3 to 361.3
Resistance should appear near 379 ½ to 380 ¾
SEPTEMBER WHEAT
Support should appear near 528 ¼ to 525 ½ and 521 ¼ to 520 ¼
Resistance should appear near 534 ½ to 535 ¾ and 541 ¾ to 543
THE LIVELY LIVESTOCK
AUGUST CATTLE
Resistance should appear near 15922 and 16090 to 16150
Support should appear near 15760 to 15690 and 15522
OCTOBER CATTLE
Support should appear near 15525 and 15350 to 15290
Resistance should appear near 15760 then 15922 and 16090 to 16150
AUGUST HOGS
Support should appear near 11690 to 11640
Resistance should appear near 11920 to 12030
OCTOBER HOGS
Support should appear near 10137 to 10102 and 10037 to 10022
Resistance should appear near 10320 to 10360 then 10467 and 10577.
DECEMBER HOGS
Support should appear near 9347 to 9312
Resistance should appear near 9522 to 9542
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 19820 to 19960 and 20340 to 20420
Support should appear near 19090 to 19020 and 18560 to 18580
SEPTEMBER COCOA
Resistance should appear near 3261 to 3270 and 3319 to 3328
Support should appear near 3157 to 3148 and 3102 to 3092.
OCTOBER SUGAR
Resistance is near the 1689 to 1696 and 1731 to 1738
Support should appear near 1642 and 1615 to 1609
DECEMBER COTTON
Support should appear near 61`90 to 6165 and 6035 to 6023
Resistance is at 6337 to 6350 and 6417 to 6430
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
Thursday July 31, 2014 4:00 PM South Florida Beach Time
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