Day Trading and Investment Comments Wednesday October 29, 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
“Perfection is not attainable, but if we chase perfection we can catch excellence.”- Vince Lombardi
Tuesday October 28, 2014
1:00 PM South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,890.00 then 16,720.00 and 16,550.00 to 16,420.00.
Resistance is at 16,960.00 then 17,135.00 and 17,310.00 to 17,380.00
DOW JONES TRANSPORTS
Support should appear near 8589.00 to 8560.00 and 8499.00 to 8484.00
Resistance is at 8762.00 to 8777.00 and 8856.00 to 8871.00
DECEMBER E-MINI SP500
Resistance should appear near 1982.00 to 1996.00
Support should appear near 1953.00 to 1946.00 and 1927.50.
NASDAQ COMPOSITE
Resistance should appear at 4571.00 to 4582.00
Support should appear near 4381.00 to 4370.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 4046.00 and 3992.00 to 3982.00
Resistance is at 4110.00 to 4120.00 and 4163.00 to 4183.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1150.00 and the 1164.00 to 1169.00 region
Support should appear near 1136.00 to 1130.00 and 1101.00 to 1096.
DECEMBER 30 YR BONDS
Resistance should appear near 142-07 and 142-21
Support should appear near 140-22 and 139-21
DECEMBER 10 YR NOTE
Resistance should appear near 127-17 and 128-07
Support should appear near 126-12 and 125-22
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8560 to 8589 and 8668 to 8683
Support should appear near 8499 to 8484
DECEMBER JAPANESE YEN
Resistance should appear near 9316 to 9347 and 9429 to 9445
Support should appear near 9156 to 9140 and 9060 to 9044
DECEMBER EURO CURRENCY
Support should appear near 12740 then 12680 and 12530.
Resistance should appear near 12817 and 12890
DECEMBER SWISS FRANC
Resistance should appear near 10580 and 10630 to 10680
Support should appear near 10470 and 10360 to 10320.
DECEMBER BRITISH POUND
Support should appear near 16092 then 15922 and the 15760 to 15690 region.
Resistance should appear near 16150 and 16282.
BW Traders can sell at 16267 and hold for lower prices.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8934 to 8964 and 9004
Support should appear near 8871 to 8856 and 8818
DECEMBER AUSSIE DOLLAR
Support should appear near 8777 to 8762.
Resistance should appear near 8856 to 8871
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support should appear near 1217.50 and 1203.0 to 1192.0
DECEMBER COPPER
Resistance should appear near 30920 to 31020 and 31480 to 31570
Support should appear near 29900 to 29720 and 29370 to 29280
DECEMBER SILVER
Support should appear near 1696.00 to 1689.0 and 1655.0 to 1642.0
Resistance is at 1731 to 1738 and 1774.0 to 1780.0
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 8119 then 8044 to 8029 and 7954 to 7939
Resistance should appear near 8194 to 8223 and 8300 to 8314
DECEMBER BRENT CRUDE OIL
Resistance should appear near 8668 to 8683 and 8762 to 8777
Support should appear near 8689 to 8560 then 8499 to 8484 and 8406 to 8391
DECEMBER HEATING OIL
Support should appear near 24190 to 24110 and 23700 to 23540
Resistance should appear 24900 and the 25110 to 25190 region.
DECEMBER UNLEADED GAS
Support should appear 20890 to 20800 and 20420 to 20340
Resistance should appear near 21700 to 21850 and22190 to 22260
DECEMBER NATURAL GAS
Resistance should appear 3.734 to 3.743 and 3.795 to 3.806
Support should appear near 3.553 to 3.563 and 3.503 to 3.493
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 983 ¾ to 982 ¾
Resistance should appear near 1032 to 1036
DECEMBER SOYOIL
Support should appear near 3157 to 3148
Resistance should appear near 3319 to 3328
DECEMBER SOYMEAL
Resistance should appear near 379.5 to 380.6 and 385.8 to 386.7
Support should appear near 362.3 to 361.3 and 356.3 to 355.3
DECEMBER CORN
Support should appear near 350 ¼ to 349 ¾ and 344 ¼ to 342 ¼
Resistance should appear near 366 ¼ to 368 ¼ and 373 ½ to 374 ½
DECEMBER WHEAT
Support should appear near 512 ¾ to 513 ¾ and 506 ¾ to 505 ¾
Resistance should appear near 534 ½ to 535 ¾ and 541 ¾ to 543
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16727 and 1655 to 16420
Resistance should appear near 16890 to 16960 and 17132
FEBRUARY CATTLE
Support should appear near 16722 and 16562 and 16422
Resistance should appear near 16890 to 16960
DECEMBER HOGS
Support should appear near 8872 to 8857 and 8777 to 8762
Resistance should appear near 9042 to 9062 and 9137 to 9157
FEBRUARY HOGS
Support should appear near 8872 to 8857 and 8682 to 8667
Resistance should appear near 8932 to 8967 and 9042 to 9062.
BW Traders can sell at 9037,risk a close over 9162 for three days in a row.
APRIL HOGS
Support should appear near 8872 to 8762 and 8682 to 8667
Resistance should appear near 8967 then 9042 to 9062 and 9137 to 9157
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 19460 to 19530
Support should appear near 18580 to 18650
DECEMBER COCOA
Resistance should appear near 2972 to 2990 and 3036 to 3045
Support should appear near 2937 to 2928 and 2883 to 2874
MARCH SUGAR
Resistance is near 1642 to 1655
Support should appear near 1576 to 1569
DECEMBER COTTON
Support should appear near 6270 to 6257
Resistance is at 6483 to 6509
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 October 28, 2014 2:30 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 Reserved
