Morning Investment and Day Trading Comments Thursday July 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
Wednesday July 31, 2014
12:00 Noon, 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 region.
Resistance is at 16,890.00 to 16,960.00 and 17,135.00
DOW JONES TRANSPORTS
Support should appear near 8223.00 to 8194.00 and 8044.00 to 8029.00
Resistance is at 8300.00 to 8314.00 and 8391.00 to 8406.00
SEPTEMBER E-MINI SP500
Resistance is at the 1982.00 to 1996.00 region.
Support should appear near 1953.00 to 1946.00.
BW Traders should go short if a close under 1945.75 occurs.
NASDAQ COMPOSITE
Resistance should appear at 4503.00 to 4514.00.
Support should appear near 4425.00 and 4381.00 to 4370.00.
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3929.00 to 3909.00.
Resistance is at 3982.00 to 3992.00 and 4046.00 to 4056.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00.
Support should appear near 1136.00 to 1130.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 138-05 and 138-17
Support should appear near 136-21 and 136-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-06 and 125-21
Support should appear near 123-21 and 123-07
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 16960 and 17117
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 9140 then 9102 and 9060 to 9044
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9156 to 9140
Resistance should appear near 9316 to 9347
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 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 2042.0 to 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 9737 to 9706 and 9542 to 9526
Resistance should appear near 9821 to 9837 and 9921 to 9937
SEPTEMBER BRENT CRUDE OIL
Resistanceshould appear near 10750 then 10817 and 10960 to 11010.
Supportshould appear near 10580 and 10470
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
Resistance should appear near 28200 to 28310
SEPTEMBER NATURAL GAS
Resistance should appear 3.795 to 3.806
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 3503 to 3493
Resistance should appear near 3663 to 3682
DECEMBER SOYMEAL
Resistance should appear near 355.3 to 356.3
Support should appear near 338.6 to 337.7
DECEMBER CORN
Support should appear near 350 ¼ to 349 ¼
Resistance should appear near 379 ½ to 380 ¾
SEPTEMBER WHEAT
Support should appear near 513 ¾ to 512 ½.
Resistance should appear near 534 ½ to 535 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Resistance should appear near 16090 to 16150 and 16232
Support should appear near 15922 and 15760 to 15690
OCTOBER CATTLE
Support should appear near 15922 and 15760 to 15690
Resistance should appear near 16090 to 16150
AUGUST HOGS
Support should appear near 11817 and 11690 to 11640
Resistance should appear near 11920 to 12030
OCTOBER HOGS
Support should appear near 10037 to 10022
Resistance should appear near 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 18220 and 18580 to 18650.
Support should appear near 17800 to 17740 and 17380 to 17310.
BW Traders can buy at 17390 and risk a close under 17310 for three days in a row.
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 1731 to 1738.
Support should appear near 1655 to 1642.
DECEMBER COTTON
Support should appear near 6035 to 6023
Resistance is at 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
Wednesday July 30, 2014 1:00 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
