Day Trading and Investment Comments Thursday October 16, 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 October 15, 2014
12:00 Noon, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 15,760.00 to 15,690.00 and the 15,350.00 to 15,290.00 region
Resistance is at 16,150.00 then 16,272.00 and 16,420.00 to 16,550.00
DOW JONES TRANSPORTS
Support should appear near 7777.00 to 7763.00 and 7513.00 to 7487.00
Resistance is at 8029.00 to 8044.00 and 8119.00 to 8134.00
DECEMBER E-MINI SP500
Resistance should appear near 1858.00 to 1865.00 and 1883.50.
Support should appear near 1822.00 to 1808.00 and 1780.00 to 1774.00
NASDAQ COMPOSITE
Resistance should appear at 4238.00 to 4249.00 and 4304.00 to 4315.00
Support should appear near 4056.00 to 4044.00 and the 3929.00 to 3909.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 3734.00 then 3682.00 to 3663.00 and 3623.00 to 3613.00
Resistance is at 3795.00 to 3806.00 and 3858.00 to 3867.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1068.00 then 1082.00 and 1096.00 to 1101.00
Support should appear near 1036.00 to 1032.00 and the 1013.60 to 1010.40 region.
DECEMBER 30 YR BONDS
Resistance should appear near 144-21 then 145-07 and 146-21
Support should appear near 143-07 then 142-21 and 141-18
DECEMBER 10 YR NOTE
Resistance should appear near 130-21 and 131-21
Support should appear near 127-21 and 126-07
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 and 8406 to 8391
DECEMBER JAPANESE YEN
Resistance should appear near 9706 to 9737
Support should appear near 9347 to 9316
DECEMBER EURO CURRENCY
Support should appear near 12740 to 12680 and 12530 and the 12380 to 12320 region.
Resistance should appear near 12812 then 12890 and the 13040 to 13100 region
DECEMBER SWISS FRANC
Resistance should appear near 10630 to 10680 and 10752
Support should appear near 10580 then 10530 and 10470
DECEMBER BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8934 to 8964
Support should appear near 8777 to 8762
DECEMBER AUSSIE DOLLAR
Support should appear near 8683 to 8668
Resistance should appear near 8856 to 8871
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1253.0 and 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0 and 1203.0 to 1192.0
DECEMBER COPPER
Resistance should appear near 30360 to 30450
Support should appear near 29370 to 29280
DECEMBER SILVER
Support should appear near 1696.00 to 1689.0 and 1655.0 to 1642.0.
Resistance is at 1774.0 to 1780.0 and 1808.0 to 1822.0
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 8044 to 8029 then 7954 to 7939 and 7864 to 7836
Resistance should appear near 8119 to 8134 and 8194 to 8223
DECEMBER BRENT CRUDE OIL
Resistance should appear near 8484 to 8499 and 8560 to 8589
Support should appear near 8314 to 8300
NOVEMBER HEATING OIL
Support should appear near 24190 to 24110 and 23700 to 23540
Resistance should appear 25110 to 25190 and 25520 to 25680
NOVEMBER UNLEADED GAS
Support should appear 20890 to 20800 and 19960 to 19820
Resistance should appear near 21700 to 21850 and 22190 to 22260
NOVEMBER NATURAL GAS
Resistance should appear 3.858 to 3.867 and 3.909 to 3.929
Support should appear near 3.682 to 3.663 and 3.553 to 3.563.
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 934 ¾ to 931 ¾ and 915 ¾ to 914
Resistance should appear near 970 ¾ to 973 ¾ and 982 ¼ to 983 ¾
DECEMBER SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148
Resistance should appear near 3319 to 3328 and the 3377 to 3386 region.
DECEMBER SOYMEAL
Resistance should appear near 331.9 to 332.8
Support should appear near 310.2 to 309.2
DECEMBER CORN
Support should appear near 338 ¾ to 337 ¾ and 321 ¼ to 319 ¼
Resistance should appear near 361 ¼ to 362 ¼ and 366 ¼ to 368 ¼
DECEMBER WHEAT
Support should appear near 485 ¾ to 484 ½
Resistance should appear near 520 to 521 ¼
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16150 to 16090
Resistance should appear near 16420 to 16550
FEBRUARY CATTLE
Support should appear near 16150 to 16090
Resistance should appear near 16420 to 16550
DECEMBER HOGS
Support should appear near 9157 to 9137 and 9057 to 9027
Resistance should appear near 9327 to 9347 and 9422 to 9442
FEBRUARY HOGS
Support should appear near 8777 to 8762 and 8682 to 8667
Resistance should appear near 9042 to 9062 and 9137 to 9157
APRIL HOGS
Support should appear near 8777 to 8762
Resistance should appear near 9042 to 9062
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 22190 to 22260 and 22670 to 22750
Support should appear near 21340 to 21260 and 20890 to 20800
DECEMBER COCOA
Resistance should appear near 3194 to 3123
Support should appear near 3045 to 3036
MARCH SUGAR
Resistance is near 1689 to 1696.
Support should appear near 1615 to 1609
DECEMBER COTTON
Support should appear near 6350 to 6337 and 6190 to 6165
Resistance is at 6577 to 6591 and 6659 to 6673.
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 October 15, 2014 4:15 PM South Florida Beach Time
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