Morning Investment and Day Trading Comments Wednesday July 2, 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
“In the fields of observation chance favors only the prepared mind”– Louis Pasteur
Tuesday July 01, 2014 1:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,960.00 and 16,890.00 Resistance is at 17,135.00 and 17,310.00 to 17,380.00
DOW JONES TRANSPORTS
Support should appear near 8223.00 to 8194.00
Resistance is at 8391.00 to 8406.00
SEPTEMBER E-MINI SP500
Resistance is at the 1982.00 to 1996.00 region. Support should appear near 1967.50 and 1953.00 to 1946.
NASDAQ COMPOSITE
Resistance should appear at the 4571.00 to 4582.00 region. Support should appear near 4446.00 to 4425.00
SEPTEMBER E-MINI NASDAQ 100 Support should appear near 3867.00 to 3858.00
Resistance is at 3982.00 to 3992.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00
Support should appear near 1203.00 to 1192.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 136-18 and 137-06. Support should appear near 135-21 and 135-08
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-07 and 125-21.
Support should appear near 124-08 and 123-21
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7954 to 7939.
SEPTEMBER JAPANESE YEN
Resistance should appear near 9921 to 9937. Support should appear near 9837 to 9821.
SEPTEMBER EURO CURRENCY
Support should appear near 13615 and 13537 Resistance is at 13770 to 13830.
SEPTEMBER SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11227 and 11155.
SEPTEMBER BRITISH POUND
Support should appear near 16960 to 16890. BW Traders can buy at 16962 and risk a close under 16887 for three days in a row. Resistance should appear near the 17310 to 17380 region. SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9429 to 9445 Support should appear near 9347 to 9316.
SEPTEMBER AUSSIE DOLLAR Support should appear near 9429 and 9349.
Resistance should appear near 9526 to 9542
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1334.0 to 1346.0.
Support should appear near 1322 and 1310.00 to 1304.0.
SEPTEMBER COPPER Resistance should appear near 32610 to 32700
Support should appear near 31940 and 31570 to 31480
SEPTEMBER SILVER
Support should appear near 2089 to 2080.
Resistance is at the 2170 to 2185
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 10470 and the 10320 to 10360 region.
Resistance should appear near 10580 and 10680.
AUGUST BRENT CRUDE OIL Resistanceshould appear near 11300 to 11360. Supportshould appear near 11155 and the 11010 to 10960 region.
AUGUST HEATING OIL
Support should appear near 29370 to 29280. Resistance should appear 29900 and 30360 to 30450.
AUGUST UNLEADED GAS
Support should appear 29900 to 29720.
Resistance should appear near 30360 to 30450
AUGUST NATURAL GAS
Resistance should appear 4.503 to 4.514 and the 4.639 to 4.650 region.
Support should appear near 4.381 to 4.370 and 4.315 to 4.304.
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1310 to 1304 and 1274 to 1268
Resistance should appear near 1334 to 1346
NOVEMBER SOYBEANS Support should appear near 1136 to 1130 and 1101 to 1096
Resistance should appear near 1164 to 1169
AUGUST SOYOIL Resistance should appear near 3909 to 3929 Support should appear near the 3806 to 3795 region.
AUGUST SOYMEAL
Resistance should appear near 437.0 to 438.1
Support should appear near 424.9 to 423.8
DECEMBER SOYMEAL Resistance should appear near 366.3 to 368.2
Support should appear near 356.3 to 355.3
SEPTEMBER CORN
Support should appear near 399 ¼ to 398 ¼ and 392 ¾ to 390 ¾ Resistance should appear near 416 ¼ to 418 ¼
SEPTEMBER WHEAT
Support should appear near 565 ¼ to 564 Resistance should appear near 585 ½ to 588
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 15122 and 14960 to 14840
Resistance should appear near 15290 to 15350.
OCTOBER CATTLE Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760.
AUGUST HOGS
Support should appear near 12890 and 12740 to 12680 Resistance should appear near 13100 then 13247 and 13340 to 13460 region.
OCTOBER HOGS
Support should appear near 11360 to 11300 Resistance should appear near 11500 and 11640 to 11690
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17740 to 17800
Support should appear near 16550 to 16420
SEPTEMBER COCOA
Resistance should appear near 3148 to 3157.
Support should appear near 3045 to 3036.
OCTOBER SUGAR
Resistance is near 1808 to 1822 Support should appear near 1738 to 1731
DECEMBER COTTON
Support should appear near 7088 to 7074 Resistance is at 7414 to 7428
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.comTuesday July 01, 2014 1:45 PM South Florida Beach Time
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