Morning Investment and Day Trading Comments Tuesday February 25, 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
The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments — George Washington—
Monday February 24, 2014
2:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear 16,150.00 to 16,090.00.
Resistance is at 16,285.00 and the 16,420.00 to 16,550.00 region.
MARCH E-MINI SP500
Resistance should appear near the 1858.00 to 1865.00 region.
Support should appear near 1840.00 and the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear near 4315.00, a close over is friendly and augurs for a test of
4370.00 to 4381.00
Support should appear near 4276.50 and the 4249.00 to 4238.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3682.00 to 3663.00 and the 3623.00 to 3613.00 region.
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 now appear at 1192.00 to 1203.00.
Support should appear near 1169.00 to 1164.00 and 1150.00
JUNE 30 YR BONDS
Resistance should appear near 132-07 and 132-21
Support should appear near 131-07 and 130-21
JUNE 10 YR NOTE
Resistance should appear near 124-07 and 124-21.
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044 and the 8119 to 8134 region.
Support should appear near 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706.
MARCH EURO CURRENCY
Support should appear near 13690 and 13615.
Resistance should appear near the 13770 to 13830 region.
MARCH SWISS FRANC
Resistance should appear near the 11300 to 11360 region.
Support is near 11155 and the 11010 to 10960 region.
MARCH BRITISH POUND
Support should appear near 16550 to 16420.
Resistance remains near 16890 to 16960.
MARCH CANADIAN DOLLAR
Resistance should appear near 9040 to 9060 and 9100
Support should appear near 9002 and 8964 to 8934
MARCH AUSSIE DOLLAR
Support should appear near 8964 to 8934
Resistance should appear near 9044 to 9060
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1346.0. Beyond that sellers should appear near 1377.0 to 1383.0.
Support should appear near 1334.0, below that a test of 1310.0 to 1304.0 is likely.
MAY COPPER
Resistance should appear near 32610 to 32700
Support should appear near 32130 to 31940
MAY SILVER
Support should appear near the 2202 and the 2185 to 2170 region.
Resistance is at 2219 to 2226. Beyond that a test of 2267 to 2275 is likely and should cap rallies.
THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near the 10320 to 10360.
Support should appear near 10136 to 10101
APRIL BRENT CRUDE OIL
Resistance should appear near the 11300 to 11360 region.
Support should appear near 11010 to 10960
APRIL HEATING OIL
Support should appear near should appear near 29999 to 29720
Resistance should appear the 30920 to 31020.
APRIL UNLEADED GAS
Support should appear 29900 to 29720 and 29370 to 29280.
BW Traders can buy at 294.10 and hold for higher prices.
Resistance should appear near 30360 to 30450 and the 30920 to 31020 region.
APRIL NATURAL GAS
Resistance should appear at 4845 to 4856 and 4915 to 4926
Support should appear near 4514 to 4503 and 4446 to 4425
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1361 ½ and 1346 to 1334
Resistance should appear near 1377 to 1383 and 1399
JULY SOYBEANS
Support should appear near 1346 to 1334 and 1310 to 1304
Resistance should appear near 1361 ½ and 1377 to 1383.
MAY SOYOIL
Resistance should appear near 4110 to 4120 and 4163 to 4183.
Support should appear near 4056 to 4046 and the 3992 to 3982 region.
MAY SOYMEAL
Resistance should appear near the 450.3 to 451.4 region.
Beyond that sellers should appear near 457.1 to 458.2
Support should appear near 444.6 to 442.5 and 438.1 to 437.0.
MAY CORN
Support should appear near 451 ½ to 450 ¼ and 444 ¾ to 442 ½.
Resistance should appear near 463 ¾ to 465 and 469 ½ to 471 ½.
MAY WHEAT
Resistance should appear near the 616 ½ to 619 region.
Beyond that sellers should appear near 625 ¾ to 627.
Support should appear 595 ¾ to 594 ½ and 588 to 585 ½.
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13990 and the 13830 to 13770 region.
Resistance should appear near 14150 to 14210 and 14372.
JUNE CATTLE
Support should appear near 13100 to 13040.
Resistance should appear near the 13340 to 13460.
APRIL HOGS
Support should appear near 9737 to 9707 and the 9347 to 9317 region.
Resistance should appear near 10022 to 10037 and 10102 to 10137
JUNE HOGS
Support should appear near 10680 to 10580
Resistance should appear near 10960 to 11010
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 17380 to 17310 and 16960 to 16890.
Resistance should appear 17740 to 17800 and the 18080 to 18220 region.
MAY COCOA
Resistance should appear near the 2972 to 2990 region.
Support should appear near 2883 to 2874.
MAY SUGAR
Resistance is near 1774 to 1780
Support should appear near 1696 to 1689.
MAY COTTON
Support should appear near 8777 to 8762 and the 8683 to 8668 region.
BW Traders can buy at 8777 for a bounce and hold for higher prices.
Resistance is at 8934 to 8964 and the 9044 to 9060 region.
-A Ship in Harbor is Safe…But that is not what ships are built for –
Happy Trading!
Bill wil@futurescom.com
Monday February 24, 2014 3:15 PM South Florida Beach Time
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