Morning Investment and Day Trading Comments Friday July 11, 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 July 10, 2014
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,890.00 and 16,550.00 to 16,420.00
Resistance is at 16,960.00 and 17,135.00
DOW JONES TRANSPORTS
Support should appear near 8134.00 to 8119.00 and 8044.00 to 8029.00
Resistance is at 8300 to 8314.00 and 8391.00 to 8406.00
SEPTEMBER E-MINI SP500
Resistance is at 1967.50 and 1982.00 to 1996.00.
Support should appear near 1953.00 to 1946.00 and 1927.50
NASDAQ COMPOSITE
Resistance should appear at 4425.00 to 4446.00 and 4503.00 to 4514.00.
Support should appear near 4370.00 and 4315.00 to 4304.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3806.00 to 3795.00.
Resistance is at 3909.00 to 3929.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00
Support should appear near 1150.00 and 1136.00 to 1130.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 137-21 and 138-06
Support should appear near 136-21 and 136-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-21 and 126-06
Support should appear near 124-21 and 124-07
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 13460 to 13340
Resistance is at 13615 and 13690
SEPTEMBER SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11155 and 11010 to 10960
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 9316 and 9237
Resistance should appear near 9388 and 9429 to 9445
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1377.0 to 1383.0
Support should appear near 1334 and 1322
Short term Traders should consider going long if a close over 1334.00 occurs.
SEPTEMBER COPPER
Resistance should appear near 33190 to 33280
Support should appear near 32130 to 31940
SEPTEMBER SILVER
Support should appear near 2134 to 2126 and 2089 to 2080.
Resistance is at the 2170 to 2185 and 2219 to 2226
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 10136 to 10104
Resistance should appear near 10320 to 10360
AUGUST BRENT CRUDE OIL
Resistanceshould appear near 10960 to 11010
Supportshould appear near 10820 and 10680 to 10580
AUGUST HEATING OIL
Support should appear near 28830 to 28740 and 28290 to 28200
Resistance should appear 29280 to 29370, beyond that a test of 29720 to 29900 is likely.
AUGUST UNLEADED GAS
Support should appear 29370 to 29280 and should hold.
Resistance should appear near 29720 to 29900
AUGUST NATURAL GAS
Resistance should appear 4.238 to 4.249
Support should appear near 3.929 to 3.909
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1203 to 1192
Resistance should appear near 1268 to 1274
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058
Resistance should appear near 1101 and 1130 to 1136
AUGUST SOYOIL
Resistance should appear near 3795 to 3806
Support should appear near 3682 to 3663
AUGUST SOYMEAL
Resistance should appear near 404.6 to 405.6
Support should appear near 380.6 to 379.5
DECEMBER SOYMEAL
Resistance should appear near 355.3 to 356.3
Support should appear near 327.0 to 326.1
SEPTEMBER CORN
Support should appear near 355 ¼ to 356 ¼
Resistance should appear near 390 ¾ to 392 ¾
SEPTEMBER WHEAT
Support should appear near 535 ¾ to 534 ½
Resistance should appear near 594 ½ to 595 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 14590 to 14530
Resistance should appear near 14890 to 14960
OCTOBER CATTLE
Support should appear near 14722 and 14592
Resistance should appear near 15290 to 15350
AUGUST HOGS
Support should appear near 12740 to 12680
Resistance should appear near 13040 to 13100, a close over is friendly and augurs for a test of 13340 to 13460
OCTOBER HOGS
Support should appear near 11155 and 11010 to 10960
Resistance should appear near 11320 to 11360, a close over is friendly and augurs for a test of 11500
DECEMBER HOGS
Support should appear near 10320 then 10237 and 10137 to 10102
Resistance should appear near 10470 a close over is friendly and augurs for a test of 10580 to 10680.
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 16420 to 16550
Support should appear near 15760 to 15690
SEPTEMBER COCOA
Resistance should appear near 3092 to 3102
Support should appear near 2990 to 2972
OCTOBER SUGAR
Resistance is near 1731 to 1738
Support should appear near 1696 to 1689
DECEMBER COTTON
Support should appear near 6591 to 6577
Resistance is at 6906 to 6919
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 July 10, 2014 3:25 PM South Florida Beach Time
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