Morning Investment and Day Trading Comments Friday February 14, 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
Thursday February 13, 2014
2:30 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,925.00 and the 15,760.00 to 15,690.00 region.
Resistance is at 16,090.00 to 16,150.00, beyond that a test of 16,285.00 is likely.
MARCH E-MINI SP500
Resistance should appear near 1840.00, beyond that a test of 1858.00 to 1865.00 is likely.
Support should appear near 1822.00 to 1808.00 and 1794.00.
NASDAQ COMPOSITE
Resistance should appear near 4238.00 to 4249.00.
Support should appear near 4183.00 to 4163.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3623.00 to 3613.00 and 3588.00.
Resistance is at 3663.00 to 3682.00, beyond that a test of 3734.00 to 3473.00 is likely
MARCH E-MINI RUSSELL 2000
Resistance should now appear at 1150.00, an extended trade or close over is friendly and augurs for a test of 1164.00 to 1169.00.
Support should appear near 1136.00 to 1130.00.
Stay tuned for Flashes and trade accordingly
MARCH 30 YR BONDS
Resistance should appear near 133-07 and 133-21
Support should appear near 132-21 and 132-07.
MARCH 10 YR NOTE
Resistance should appear near 126-07 and 126-21
Support should appear near 125-07 and 124-21
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8044 then 8081 and the 8119 to 8134 region.
Support should appear near 8029 then 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706, a close under is negative…
below that an eventual test of 9347 to 9316 is likely.
Stay tuned for Flashes.
MARCH EURO CURRENCY
Support should appear near the 13615 and the 13460 to 13340 region.
Resistance should appear near 13690 and 13770 to 13830
MARCH SWISS FRANC
Resistance should appear near 11227 and 11300 to 11360
Support is near 11155 and the 11010 to 10960 region.
MARCH BRITISH POUND
Support should appear near 16550 to 16420
Resistance remains near 16720 and the16890 to 16960 region.
MARCH CANADIAN DOLLAR
Resistance should appear near the 9140 to 9156 region.
Support should appear near the 9060 to 9044 region.
MARCH AUSSIE DOLLAR
Support should appear near 8964 to 8934.
Resistance should appear near 9044 to 9060
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1304.0 to 1310.0
Support should appear near 1289.0 and the 1274.0 to 1268.0 region.
MARCH COPPER
Resistance should appear near 32610 to 32700, beyond that a test of 33190 to 33280 is likely
Support should appear near 32130 to 31940 and the 31570 to 31480 region.
MARCH SILVER
Support should appear near 2042 to 2034 and 1996 to 1982
Resistance is at 2080 to 2089 and 2126 to 2134
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 10037 and 10104 to 10136
Support should appear near 9937 to 9921 and 9837 to 9821
APRIL CRUDE OIL
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9937 to 9921 and 9837 to 9821.
APRIL BRENT CRUDE OIL
Resistance should appear near 10890 and the 10960 to 11010 region.
Support should appear near 10820 then 10750 and the 10680 to 10580 region
MARCH HEATING OIL
Support should appear near should appear near 30360 and 29900 to 29720.
Resistance should appear 30450 and the 30920 to 31020 region.
APRIL HEATING OIL
Support should appear near the 29370 to 29280 region.
Resistance should appear 30360 to 30450
MARCH UNLEADED GAS
Nearby Support should appear 27410 and 27240 to 27160.
Resistance should appear near 27750, a close or extended trade over is friendly and augurs for a test of 28200 to 28290.
APRIL UNLEADED GAS
Support should appear 29280 and the 28830 to 28740 region.
Resistance should appear 29720 to 29900
MARCH NATURAL GAS
Resistance should appear at 5345 to 5356 and 5553 to 5557
Support should appear near 4995 to 4973 and 4785 to 4774
APRIL NATURAL GAS
Resistance should appear at 4639 to 4650 and 4696 to 4717
Support should appear near 4514 to 4503 and 4446 to 4425
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1310 to 1304.
Resistance should appear near the 1334 to 1346 region.
MAY SOYOIL
Resistance should appear near 4046 to 4056
Support should appear near 3929 to 3909
MAY SOYMEAL
Resistance should appear near 437.0 to 438.1 and 442.5 to 444.6
Support should appear near 424.9 to 423.8 and 418.3 to 416.3
MAY CORN
Support should appear near 438 ¼ to 437 and the 424 ¾ to 423 ¾ region.
Resistance should appear near 450 ¼ to 451 ½, beyond that sellers should appear near 463 ¾ to 465.
MAY WHEAT
Resistance should appear near 594 ½ to 595 ¾ and 602 ¼ to 603 ½.
Beyond that sellers should appear near 610 ¼ to 611 ¼ , BW Traders can sell at 609 ¾ and hold for lower prices.
Support should appear 588 to 585 ½ and 580 ½ to 579 ¾.
THE LIVELY LIVESTOCK
APRIL CATTLE
Nearby support should appear near 14210 to 14150, below that a test of 14070 and 13992 is likely.
Resistance should appear near 14367 and 14530 to 14590
JUNE CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460
APRIL HOGS
Support should appear near the 9347 to 9317 region. A close under is negative and augurs for a test of 9157 to 9142.
Resistance should appear near the 9527 to 9542 region. Beyond that sellers should appear near 9622 to 9642 and cap rallies.
Aggressive BW Traders should go short if a close under 9412 occurs.
JUNE HOGS
Support should appear near 10362 to 10317.
Resistance should appear near 10577 to 10682
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 13830 to 13770 and 13460 to 13340
Resistance should appear 15150 to 14210 and 14530 to 14590
MAY COCOA
Resistance should appear near the 2972 to 2990 and 3036 to 3045
Support should appear near 2937 to 2928 and 2883 to 2874.
MAY SUGAR
Resistance is near the 1609 to 1615.
Support should appear near 1576 to 1569.
MAY COTTON
Support should appear near 8777 to 8762 and 8683 to 8665
BW Traders can buy at 8685 and hold for higher prices.
Resistance is at 8934 to 8964, beyond that a trade towards 9044 to 9060 is likely
Stay tuned for flashes.
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 February 13, 2014 3:50 PM South Florida Beach Time
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