Morning Investment and Day Trading Comments Thursday April 17, 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 April 16, 2014
6:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,150.00 to 16,090.00. Resistance is at the 16,420.0 to 16,550.00 region.
JUNE E-MINI SP500
Resistance is at 1858.00 to 1865.00
Support should appear 1840.00 and the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4110.00 to 4120.00
Support should appear near 4056.00 to 4046.00 and the 3992.00 to 3982.00 region.
JUNE E-MINI NASDAQ 100
Support remains near the 3467.00 and the 3443.00 to 3425.00 region. Below that buyers should appear near 3386.00 to 3377.00
Resistance is at 3553.00 to 3563.00 beyond that a test of 3613.00 to 3623.00 is likely
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00.
Support should appear near 1101.00 to 1092.00
JUNE 30 YR BONDS
Resistance should appear near 135-07 and 135-21
Support should appear near 134-07 and 133-21
JUNE 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-07 and 123-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7991 and 8029 to 8044
Support should appear near 7954 to 7939.
JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837, beyond that a test of the 9921 to 9937 region is likely.
Support should appear near 9779 and the 9737 to 9706 region.
JUNE EURO CURRENCY
Support should appear near 13770 and 13692.
Resistance should appear near 13830 and 13910.
JUNE SWISS FRANC
Resistance should appear near 11429 and 11500
Support is near 11300 and 11227
JUNE BRITISH POUND
Support should appear near 16720 then 16637 and the 16550 to 16420 region.
Resistance should appear near the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9140 to 9156
Support should appear near 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9316 then 9237 and 9156 to 9140
Resistance should appear near 9429 to 9445
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0
Support should appear near 1289.0 and the 1274.0 to 1268.0 region.
MAY COPPER
Resistance should appear near 30920 to 31020.
Support should appear near 29900 to 29720
MAY SILVER
Support should appear near 1865 to 1858 and 1822 to 1808
Resistance is at 1982 to 1996 and 2034 to 2042
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10415, beyond that a test of 10470 and 10580 to 10680 is likely.
Support should appear near 10360 to 10320 and 10230.
JUNE CRUDE OIL
Resistance should appear near 10320 to 10360 and 10470
Support should appear near 10227 and 10187
JUNE BRENT CRUDE OIL
Resistance should appear near the 10960 to 11010 region.
Support should appear near 10815 and the 10680 to 10580 region.
MAY HEATING OIL
Support should appear near should appear near 29900 to 29720
Resistance should appear near 30360 to 30450.
MAY UNLEADED GAS
Support should appear near should appear near 30360 then 30130 and the 29900 to 29720 region.
Resistance should appear near 30685 and the 309920 to 31020 region
JUNE NATURAL GAS
Resistance should appear at 45710 to 4582 and 4639 to 4650
Support should appear near 4514 to 4503 and 4446 to 4425
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1512 ½ and 1496 to 1484.
Resistance should appear near 1529 to 1535 and 1552
JULY SOYBEANS
Support should appear near 1496 to 1484
Resistance should appear near 1512 ½ and 15239 to 1535
NOVEMBER SOYBEANS
Support should appear near 1232 and 1217 ½.
Resistance should appear near 1253 and 1268 to 1274
JULY SOYOIL
Resistance should appear near 4425 to 4446
Support should appear near 4381 to 4370
JULY SOYMEAL
Resistance should appear near 484.5 to 485.6 and 491.5 to 492.6
Support should appear near 478.5 to 477.5 and 471.7 to 469.5
JULY CORN
Support should appear near 499 ½ to 497 ¼
Resistance should appear near 512 ¾ to 513 ¾
JULY WHEAT
Resistance should appear near 707 ½ to 708 ¾
Support should appear 690 ¾ to 691 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13537 and the 13462 to 13342 region.
Resistance should appear near 13612 and 13687, beyond that a test of the 13770 to 13830 region is likely.
AUGUST CATTLE
Support should appear near 13237 and 13100 to 13040
Resistance should appear near 13400 and 13460.
JUNE HOGS
Support should appear near 12320 and 12187.
Resistance should appear near 12500 and 12587
AUGUST HOGS
Support should appear near 11920 and 11807.
Resistance should appear near 12030, beyond that an eventual test of 12175 is likely.
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 19020 to 19090 and 19460 to 19530.
Support should appear near 18650 to 18580 and 18220 to 18080
JULY COCOA
Resistance should appear near 3036 to 3045.
Support should appear near 2937 to 2928.
BW Traders should go long if a close over 3047 occurs
JULY SUGAR
Resistance is near 1808 to 1822
Support should appear near 1756 and 1738 to 1731
JULY COTTON
Support should appear near 9236 and 9156 to 9140
Resistance is at 9316 to 9347, beyond that a test of 9429 to 9445 is likely.
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 April 16, 2014 8:00 PM South Florida Beach Time
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