Morning Investment and Day Trading Comments Friday January 24, 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”
Thursday January 23, 2014
4:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 16,150.00 to 16,090.00 region.
Resistance is at 16,277 and the 16,420.00 to 16,550.00 region.
MARCH E-MINI SP500
Resistance should appear near 1840.00, an extended trade or close over is friendly and augurs for an eventual test 1858.00 to 1865.00.
Support should appear near the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear near 4238.00 to 4249.00.
Support should appear near 4210 and the 4183.00 to 4163.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3613.00 and 3588.50.
Resistance is at 3623.00 and the 3663.00 to 3682.00 region
MARCH E-MINI RUSSELL 2000
Resistance should appear at 1180.50 and 1192.00 to 1203.00
Support should appear near 1169.00 to 1164.00 and 1150.00.
MARCH 30 YR BOND
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07
MARCH 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-07 and 123-21
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near the 8044 to 8029 region.
MARCH JAPANESE YEN
Resistance should appear near 9706 to 9737
Support should appear near 9445 to 9429
MARCH EURO CURRENCY
Support should appear near 13690 and the 13460 to 13340 region
Resistance should appear near 13770 to 13830.
BW Traders can sell at 13767 and risk a close over 13837
MARCH SWISS FRANC
Resistance should appear near 11155 and the 11300 to 11360 region.
BW Traders can sell at 11292 and hold for lower prices.
Support is near the 11010 to 10960 region. Below that an eventual test of 10820 is likely.
BW Traders should go short if a close under 10957 occurs.
MARCH BRITISH POUND
Support should appear near 16550 to 16420.
Resistance remains near 16720 and the 16890 to 16960 region.
MARCH CANADIAN DOLLAR
Resistance should appear near 9044 to 9060
Support should appear near 8964 to 8934
MARCH AUSSIE DOLLAR
Support should appear near 8683 to 8668
Resistance should appear near 8756 to 8777
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0
MARCH COPPER
Resistance should appear near 33190 to 33280 region.
Support should appear 32700 to 32610 region.
MARCH SILVER
Support should appear near 1953 to 1946.
Resistance is at the 2034 to 2042 region.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9821 to 9837
Support should appear near 9641 to 9625
MARCH BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10580.
FEB HEATING OIL
Support should appear near should appear near 30450 to 30360 and 29900 to 29720.
Resistance should appear 30920 to 31020 and 31480 to 31570
FEB UNLEADED GAS
Support should appear near the 26630 and 26200 to 26120.
Resistance should appear near 27160 to 27240.
MARCH NATURAL GAS
Resistance should appear at 4775 to 4785
Support should appear near 4514 to 4503
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1238 to 1232
Resistance should appear near 1304 to 1310
MARCH SOYOIL
Resistance should appear near 3858 to 3867
Support should appear near 3743 to 3734
MARCH SOYMEAL
Resistance should appear near 430.4 to 431.5
Support should appear near 412.0 to 411.0
MARCH CORN
Support should appear near and the 418 ¼ to 416 ¼ region.
Resistance should appear near 437 to 438 ¼.
MARCH WHEAT
Resistance should appear near 585 ½ to 588
Support should appear 557 ¾ to 555 ¼.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 14210 to 14150
Resistance should appear near 14530 to 14590
APRIL CATTLE
Support should appear near 13830 to 13770
Resistance should appear near 14150 to 14210
FEB HOGS
Support should appear near 8407 to 8392
Resistance should appear near 8662 to 8682.
APRIL HOGS
Support should appear near 9067 to 9042
Resistance should appear near 9427 to 9442
JUNE HOGS
Support should appear near 10037 to 10022
Resistance should appear near 10317 to 10362
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near the 11360 to 11300 region
Resistance should appear 11920 to 12030
MARCH COCOA
Resistance should appear near 2874 to 2883
Support should appear near 2724 to 2716
MARCH SUGAR
Resistance is near 1529 to 1535.
Support should appear near 1496 to 1484.
MARCH COTTON
Support should appear near 8406 to 8391
Resistance is at 8934 to 8964
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 January 23, 2014 5:00 PM South Florida Beach Time
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