Morning Investment and Day Trading Comments Wednesday March 05, 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
Tuesday March 04, 2014
4:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear 16,275.00 and 16,150.00 to 16,090.00.
Resistance is at the 16,420.00 to 16,550.00 region.
Beyond that a test of 16,890.00 to 16,960.00 is likely
MARCH E-MINI SP500
Resistance should appear near 1883.50, beyond that a test of the 1902.00 to 1909.00 region is likely.
Support should appear near 1865.00 to 1858.00 and 1840.00.
NASDAQ COMPOSITE
Resistance should appear near 4370.00 to 4381.00, beyond that sellers should appear near
4425.00 to 4446.00
Support should appear near 4342.50 and 4315.00 to 4304.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3683.00 to 3663.00 and 3643.00
Resistance is at 3734.00 to 3743.00 beyond that a test of 3795.00 to 3806.00 is likely
MARCH E-MINI RUSSELL 2000
Resistance should appear at 1217.50, beyond that a test of 1232.00 to 1238.00 is likely
Support should appear near 1203.00 to 1192.00 and 1180.50.
JUNE 30 YR BONDS
Resistance should appear near 133-07 and 133-21
Support should appear near 132-07 and 131-21
JUNE 10 YR NOTE
Resistance should appear near 124-21 and 125-07
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7954 to 7939
MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9641 to 9625
MARCH EURO CURRENCY
Support should appear near 13460 to 13340.
Resistance should appear near 13770 to 13830
MARCH SWISS FRANC
Resistance should appear near 11300 to 11360 and 11500.
Support is near 11155 and 11010 to 10960
MARCH BRITISH POUND
Support should appear near 16550 to 16420.
Resistance remains near 16890 to 16960.
MARCH CANADIAN DOLLAR
Resistance should appear near 9044 to 9060
Support should appear near 8964 to 8934
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856
Resistance should appear near 9044 to 9060
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1346.0 and 1377.0 to 1383.0.
Support should appear near 1322.0 and 1310.0 to 1304.0
MAY COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33260
Support should appear near 31940 and 31570 to 31480
MAY SILVER
Support should appear near 2089 to 2080, below that a test of 2042 to 2034 is likely
Resistance is at 2134 to 2142 then 2170 to 2185 and 2219 to 2226
THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near 10360 and 10470, beyond that a test of 10580 to 10680 is likely.
Support should appear near 10320 then 10228 and 10136 to 10104
APRIL BRENT CRUDE OIL
Resistance should appear near 10960 to 11010
Support should appear near 10820 and 10580 to 10680
APRIL HEATING OIL
Support should appear near should appear near 30360 and 29900 to 29720
Resistance should appear the 30920 to 31020, beyond that a test of 31480 to 31570 is likely
APRIL UNLEADED GAS
Support should appear 29720 and the 29370 to 29280 region
Resistance should appear near 30360 to 30450, beyond that a trade towards 30920 to 31020 is likely
APRIL NATURAL GAS
Resistance should appear at 4775 to 4785 and 4845 to 4856
Support should appear near 4582 to 4571 and 4315 to 4304
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1415 and 1399.
Resistance should appear near 1453 to 1459
JULY SOYBEANS
Support should appear near 1377 and 1346 to 1334
Resistance should appear near 1399 and 1415 to 1421
MAY SOYOIL
Resistance should appear near 4425 to 4446
Support should appear near 4315 to 4304
MAY SOYMEAL
Resistance should appear near 450.3 to 451.4 and 463.9 to 465.0
Support should appear near 444.6 to 442.5 and 438.1 to 437.0
MAY CORN
Support should appear near 471 ¾ to 469 ½
Resistance should appear near 497 ¼ to 499 ½
MAY WHEAT
Resistance should appear near643 and 648 ¾ to 650 ¾
Support should appear 619 to 616 1/2 and 595 ¾ to 594 ½
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 14210 to 14150.
Resistance should appear near 14590 and 14840 to 14960
JUNE CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13770 to 13830
APRIL HOGS
Support should appear near 10680 to 10580
Resistance should appear near 11640 to 11690
JUNE HOGS
Support should appear near 11010 to 10960.
Resistance should appear near 11920 to 12030
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 17380 to 17310 and 16960 to 16890
Resistance should appear 20340 to 20420 and 20800 to 20890
MAY COCOA
Resistance should appear near the 2972 to 2990 region.
Support should appear near 2883 to 2874.
MAY SUGAR
Resistance is near 1808 to 1822
Support should appear near 1738 to 1731
MAY COTTON
Support should appear near 8871 to 8856 and 8683 to 8668
Resistance is at 9044 to 9060 and 9140 to 9156
-A Ship in Harbor is Safe…But that is not what ships are built for –
Happy Trading!
Bill wil@futurescom.com
Tuesday March 4, 2014 5:30 PM South Florida Beach Time
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