Day Trading and Investment Comments Friday October 10, 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 October 10, 2014
12:10 PM, 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 16,550.00 to 16,420.00 region.
Resistance is at 16,890.00 to 16,960.00.
DOW JONES TRANSPORTS
Support should appear near 8044.00 to 8029.00 and 7954.00 to 7939.00
Resistance is at 8119.00 to 8134.00 and 8194.00 to 8223.00
DECEMBER E-MINI SP500
Resistance should appear near 1927.50 and 1946.00 to 1953.00
Support should appear near the 1909.00 to 1902.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4425.00 to 4446.00 and 4503.00 to 4514.00
Support should appear near 4315.00 to 4304.00 and 4183.00 to 4163.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 3867.00 to 3858.00 and 3806.00 to 3795.00
Resistance is at 3982.00 to 3992.00 and 4046.00 to 4056.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1068.00 and 1082.00
Support should appear near the 1036.00 to 1032.00 region.
DECEMBER 30 YR BONDS
Resistance should appear near 141-07 then 141-21 and 142-08
BW Traders can sell at 141-17 and hold for lower prices.
Support should appear near 140-07 then 139-21 and 139-07
DECEMBER 10 YR NOTE
Resistance should appear near 126-21 and 127-12
Support should appear near 126-07 and 125-21.
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8589 and 8668 to 8683.
Support should appear near 8499 to 8484
DECEMBER JAPANESE YEN
Resistance should appear near 9316 to 9347.
BW Traders can sell at 9307 and hold for lower prices.
Support should appear near 9156 to 9140.
DECEMBER EURO CURRENCY
Support should appear near 12607 then12530 and the 12380 to 12320 region.
Resistance should appear near 12740 and 12812
DECEMBER SWISS FRANC
Resistance should appear near 10530 and 10580 to 10630
Support should appear near 10360 to 10320.
BW Traders should go short if a close under 10317 occurs.
DECEMBER BRITISH POUND
Support should appear near 16090 then 15922 and 15760 to 15690
Resistance should appear near 16150 and 16272
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8964 and 9044 to 9060.
Support should appear near 8934 and 8871 to 8856.
DECEMBER AUSSIE DOLLAR
Support should appear near 8683 to 8668.
Resistance should appear near 8762 to 8777.
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1232.0 to 1238.0
Support should appear near 1203.0 to 1192.0
DECEMBER COPPER
Resistance should appear near 30920 to 31020.
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
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 8314 to 8300 and 8033 to 8029
Resistance should appear near 8391 to 8406 and 8560 to 8589
DECEMBER BRENT CRUDE OIL
Resistance should appear near 9044 to 9060 and 9140 to 9156.
Support should appear near 8871 to 8856 and 8583 to 8668
NOVEMBER HEATING OIL
Support should appear near should appear near 24690 to 24610 and 24190 to 24110
Resistance should appear 25520 to 25680 and 26120 to 26200
NOVEMBER UNLEADED GAS
Support should appear 22260 to 22190 and 20890 to 20800
Resistance should appear near 22670 to 22750 and 23150 to 23220
NOVEMBER NATURAL GAS
Resistance should appear 3.909 to 3.929 and 3.982 to 3.992
Support should appear near 3.806 to 3.795 and 3.553 to 3.563.
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 915 ¾ to 914 and 906 to 904 ½
Resistance should appear near 952 ¾ to 954 and 962 ¼ to 964 ¼
DECEMBER SOYOIL
Support should appear near 3213 to 3194.
Resistance should appear near the 3377 to 3386 region.
DECEMBER SOYMEAL
Resistance should appear near 314.8 to 315.7 and 319.4 to 321.3
Support should appear near 304.5 to 303.6 and 299.0 to 297.2
DECEMBER CORN
Support should appear near 338 ¾ to 337 ¾ and 321 ¼ to 319 ¼
Resistance should appear near 349 ¼ to 350 ½ and 355 ¼ to 356 ¼
DECEMBER WHEAT
Support should appear near 485 ¾ to 484 ½ and 478 ½ to 477 ¾
Resistance should appear near 512 ¾ to 513 ¾ and 520 to 521 ¼
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16550 to 16420.
Resistance should appear near 16890 to 16960.
FEBRUARY CATTLE
Support should appear near 16550 to 16420.
Resistance should appear near 16890 to 16960.
DECEMBER HOGS
Support should appear near 9347 to 9322 and 9157 to 9137
Resistance should appear near 9622 to 9642 and 9707 to 9737
FEBRUARY HOGS
Support should appear near 9067 to 9042 and 8967 to 8932
Resistance should appear near 9317 to 9347 and the 9427 to 9447 region.
BW Traders can sell at 9407 and risk a close over 9557 for three days in a row.
April Hogs
Support should appear near 9157 to 9137 and 9062 to 9042.
Resistance should appear near 9317 to 9347 and 9427 to 9442
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 22670 to 22750 and 23150 to 23220
Support should appear near 21850 to 21700 and 21340 to 21260.
DECEMBER COCOA
Resistance should appear near 3092 to 3102 and 3148 to 3157. BW Traders can sell at 3144 and hold for lower prices, risk a close over 3162 for three days in a row.
Support should appear near 3045 to 3036, below that a test of 2990 to 2972 is likely
MARCH SUGAR
Resistance is near 1731 to 1738 region.
Support should appear near 1655 to 1642
DECEMBER COTTON
Support should appear near 6190 to 6165 and 6035 to 6023
Resistance is at 6417 to 6430 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
Thursday October 09, 2014 5:00 PM South Florida Beach Time
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