Day Trading and Investment Comments Wednesday December 31, 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 December 30, 2014
2:00 PM, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes and updates for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,800.00 to 17,740.00
Resistance is at 18,080.00 to 18,220.00
DOW JONES TRANSPORTS
Support should appear near 9,156.00 to 9,140.00 and 9,060.00 to 9,044.00.
Resistance is at 9,316.00 to 9,347.00 and the 9,429.00 to 9,445.00 region.
MARCH E-MINI SP500
Resistance should appear near 2080.00 to 2089.00 then 2108.00 and the 2126.00 to 2134.00 region.
Support should appear near and 2061.50 and the 2042.00 to 2034.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4845.00 to 4856.00 and 4915.00 to 4926.00
Support should appear near 4746.00 and the 4717.00 to 4695.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near the 4249.00 to 4238.00 region.
Resistance is at 4304.00 to 4315.00 and 4370.00 to 4381.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00.
Support should appear near 1203.00 to 1192.00.
MARCH 30 YR BONDS
Resistance should appear near 144-19 then 145-11 and 145-22
Support should appear 143-21 then 143-07 and 142-21.
MARCH 10 YR NOTE
Resistance should appear near 126-22. Beyond that sellers should appear near 127-07 and 127-21
Support should appear near 126-06 then 125-22 and 125-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9044 to 9060. An extended trade or close over is friendly
and augurs for a test of 9100.
Support should appear near 9006 and 8964 to 8934.
MARCH JAPANESE YEN
Resistance should appear near 8391 to 8406 and the 8484 to 8499. BW Traders can sell at 8481 and hold for lower prices. Risk a close over 8507 for three days in a row.
Support should appear near 8314 to 8300 and the 8223 to 8194
MARCH EURO CURRENCY
Support should appear near the 12030 to 11920 region.
Resistance should appear near 12175 and 12247.
MARCH SWISS FRANC
Resistance should appear near 10183 then 10227. BW Traders can sell at 10227 and hold for lower prices.
Support should appear near 10104, below that a test of 10037 to 10021 is likely.
Trade Accordingly
MARCH BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15612 and 15690 to 15760.
MARCH CANADIAN DOLLAR
Resistance should appear near 8668 to 8683. BW Traders can sell at 8661
and risk a close over 8687 for three days in a row.
Support should appear near 8589 to 8560, below that a test of 8499 to 8484 is likely.
MARCH AUSSIE DOLLAR
Support should appear near 8119 then 8081 and 8044 to 8029.
Resistance should appear near 8194 to 8223 and 8300 to 8314. BW Traders can sell at 8257 and risk a close over 8321 for three days in a row.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1203.00 then 1217.0 and 1232 to 1238
Support should appear near 1180.5 and the 1169.00 to 1164.0 region.
MARCH COPPER
Resistance should appear near 28740 to 28830 and 29280 to 29370
Support should appear near 28290 to 28200 and 27750 to 27580, below that as test of the 26720 to 26630 region is likely
MARCH SILVER
Support should appear near 1609 then 1576 to 1569 and the 1535 to 1529 region.
Resistance is at 1642 to 1655 and the 1689 to 1696 region.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Support should appear near the 5282 to 5259 region. Below that a test of 5067 to 5056 is likely.
Resistance should appear near 5418 to 5430 then 5492 to 5504 and 5640 to 5653
BW Traders should go short if a close under 5252 occurs
FEBRUARY BRENT CRUDE OIL
Support should appear near the 5729 to 5716 region. Below that a test of 5577 to 5553 is likely.
Resistance should appear near 5792 to 5805 then 5855 to 5880 and 5945 to 5957.
FEBRUARY HEATING OIL
Support should appear near 18220 to 18080 and 17800 to 17740
Resistance should appear 18580 to 18650 and 19020 to 19090.
FEBRUARY UNLEADED GAS
Support should appear 14590 to 14530 and 13830 to 13770
Resistance should appear near 14840 to 14960 and 15290 to 15350
FEBRUARY NATURAL GAS
Support should appear near 3.092 and 2.990 to 2.970.
Resistance should appear near 3.194 to 3.213 and 3.261 to 3.270
Stay Tuned for Energy Flashes
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1036 to 1032 and 1013 ¾ to 1010 ½.
Resistance should appear near 1047 and the 1058 to 1068 region.
MARCH SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and the 3377 to 3386 region. Beyond that sellers should appear near 3425 to 3443 and cap a rally.
MARCH SOYMEAL
Resistance should appear near 355.3 to 356.7 and 361.3 to 362.3.
Support should appear near 350.3 to 349.3 and 344.3 to 342.5
MARCH CORN
Support should appear near 399 ¼ to 398 ¼ and 392 ¾ to 390 ¾
Resistance should appear near 411 to 412 and 416 ¼ to 418 ¼
MARCH WHEAT
Support should appear near 588 to 585 ½ and 572 ¾ to 571 ¾.
Resistance should appear near 610 ¼ to 611 ¼ and 616 ½ to 619
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 16422 and 16357
Resistance should appear near 16557 then 16722 and 16807.
APRIL CATTLE
Support should appear near 16347 then 16227 and 16157
Resistance should appear near 16557. Beyond that sellers should appear near 16672 and 16722
FEBRUARY HOGS
Support should appear near 8082 then 8047 to 8027 and 7957 to 7937
Resistance should appear near 8167 then 8192 to 8222 and the 8297 to 8317 region.
APRIL HOGS
Support should appear near 8317 to 8292 and 8227 to 8192.
Resistance should appear near 8392 to 8417 then 8482 to 8502 and 8557 to 8592
JUNE HOGS
Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9237 and the 9312 to 9347 region.
Stay Tuned for Livestock Flashes.
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 16890 to 16960 and 17310 to 17380.
Support should appear near 16150 to 16090 and the 15760 to 15690 region.
MARCH COCOA
Resistance should appear near 2990 and the 3036 to 3045 region.
Support should appear near 2883 to 2874 and the 2775 to 2758 region.
MARCH SUGAR
Resistance is near 1484 to 1496 and 1529 to 1535.
Support should appear near 1453 and the 1421 to 1415 region.
MARCH COTTON
Support should appear near 6035 to 6023 and the 5880 to 5855 region.
Resistance is at 6257 to 6270 and the 6335 to 6350 region.
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 December 30th, 2014 4:00 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