Morning Investment and Day Trading Comments Wednesday January 22, 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”
Tuesday January 21, 2014
1:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,285.00 and the 16,150.00 to 16,090.00 region.
Resistance is at 16,420.00 then 16,550.00 and 16,720.00
MARCH E-MINI SP500
Nearby resistance should appear near 1840.00, beyond that an eventual
test 1858.00 to 1865.00 is likely.
Support should appear near 1631.00 and the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear near the 4238.00 to 4249.00 region.
Support should appear near 4210 and the 4183.00 to 4163.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3588.50 and the 3563.00 to 3553.00 region.
Resistance is at the 3613.00 to 3623.00 region. Beyond that a test of 3643.00 is likely
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 131-21. Beyond that sellers should appear near 132-07 and 132-21
Support should appear near 131-07 then 130-21 and 130-07
MARCH 10 YR NOTE
Resistance should appear near 124-21. Beyond that sellers 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 8134 and 8194 to 8223.
Support should appear near 8119 then 8081 and the 8044 to 8029 region.
MARCH JAPANESE YEN
Resistance should appear near 9625 to 9641and 9672
Support should appear near 9542 to 9526 and 9445 to 9429
MARCH EURO CURRENCY
Support should appear near the 13460 to 13340 region.
Resistance should appear near 13615 and 13690.
MARCH SWISS FRANC
Resistance should appear near 11010 and 11087.
Support is near the 10960, 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 16420 then 16357and 16277.
BW Traders can buy at 16292 and risk a close under 16277 for three days in a row.
Resistance remains near 16550. Beyond that a test of 16720 is likely.
MARCH CANADIAN DOLLAR
Resistance should appear near 9140 to 9156
Support should appear near 9060 to 9044
MARCH AUSSIE DOLLAR
Support should appear near 8721 and 8683 to 8668.
Resistance should appear near 8856 to 8871
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1253.00 and 1268.0 to 1274.0.
Support remains near 1238.00 to 1232.00 and the 1203.00 to 1192.00 region.
MARCH COPPER
Resistance should appear near 33770 to 33860 and the 34250 to 34430 region…
Support should appear 33280 to 33190 and the 32700 to 32610 region.
BW Traders can buy at 33000 for a bounce and stay tuned for a stop.
MARCH SILVER
Support should appear near 1953 to 1946 and 1909 to 1902
Resistance is at 1996 and the 2034 to 2042 region.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9526 to 9542 and 9625 to 9641
Support should appear near 9445 to 9429 then 9347 to 9316 and 9156 to 9140
MARCH BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10630 and 10580.
FEB HEATING OIL
Support should appear near should appear near 29900 to 29720 and 29370 to 29280.
Resistance should appear 30360 to 30450 and 30920 to 31020
FEB UNLEADED GAS
Support should appear near the 26200 to 26120 and the 25680 to 25520 region.
Resistance should appear near 26630 to 26720, beyond that a test of 27160 to 27240 is likely
MARCH NATURAL GAS
Resistance should appear at 4370 to 4381and 4425 to 4446
Support should appear near 4315 to 4304 and 4249 to 4238
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1274 to 1268 and 1238 to 1236
Resistance should appear near 1289 and 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 423.8 to 424.9 and 430.4 to 431.5
Support should appear near 405.6 to 404.6 and 399.2 to 398.2
MARCH CORN
Support should appear near and 423 ¾ and the 418 ¼ to 416 ¼ region.
Resistance should appear near 430 ½ to 431 ½ and 437 to 438 ¼.
MARCH WHEAT
Resistance should appear near 564 to 565 ½ and the 571 ¾ to 572 ¾ region.
Support should appear 557 ¾ to 555 ¼ and the 550 ½ to 549 ¼ region.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13992 and 13917.
Resistance should appear near 14150 to 14210 and 14377
APRIL CATTLE
Support should appear near 13992 and the 13830 to 13770 region.
Resistance should appear near 14150 to 14210.
FEB HOGS
Support should appear near 8562, below that a test of 8497 to 8482 is likely.
Resistance should appear near 8662 to 86823 and the 8762 to 8777 region.
APRIL HOGS
Support should appear near 9162 to 9137
Resistance should appear near 9312 to 9347
JUNE HOGS
Support should appear near 10137 to 10102 and 10037 to 10022
Resistance should appear near 10187 then 10257 and 10317 to 10362
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11500 and the 11360 to 11300 region
Resistance should appear 11690 then 11805 and the 11920 to 12030 region.
MARCH COCOA
Resistance should appear near 2716 to 2724 and the 2758 to 2775 region.
Support should appear near 2672 to 2663 and the 2620 to 2612 region.
MARCH SUGAR
Resistance is near 1529 to 1535.
Support should appear near 1496 to 1484.
MARCH COTTON
Support should appear near the 8777 to 8762 and 8683 to 8668.
Resistance is at 8856 to 8871 and 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
Tuesday January 21, 2014 2:45 PM South Florida Beach Time
Terms of Use and Agreement https://www.futurescom.com/policies.html
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
