FuturesCom  Morning Investment Comments  Friday  May 04, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2 .   “Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable -ranks high. There are certain chances that the most prudent man is justified in taking -chances that he must take if he wishes to be more than a mercantile mollusk” –Reminiscences of a Stock Operator–

 

 

Thursday May 03, 2012  2:00 PM South Florida Beach Time

 

                                  THE SENSATIONAL STOCK AND BOND MARKETS 
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100 to 13,040.00.
Resistance should appear near 13,220.00 and the 13,340.00 to 13,460.00 region

JUNE E-MINI SP500
Resistance should appear near 1399.00 and the 1415.00 to 1421.00 region
Support should appear near 1383.00 to 1377.00, a close under augurs for a test of 1361.50.

 

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00 and 3092.00 to 3102.00.

Support should appear near 2990 to 2972 and 2937.00 to 2928.00

 

JUNE E-MINI NASDAQ 100
Resistance should appear near 2716.00 to 2724.00 and 2758.00 to 2775.00.
Support should appear near 2672.00 to 2663.00 and 2620.00 to 2612.00

 

JUNE E-MINI RUSSELL 2000
Resistance should appear near 811.90 to 813.409 and 819.40 to 822.30.
Support should appear near 795.40 to 793.90 and the 786.40 to 783.60 region

JUNE 30 YR BOND
Resistance should appear near 143-07 and 143-21

Support should appear near 142-07 and 141-21

JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07.

        THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX
Resistance should appear near 7939 to 7954, a close over is friendly and augurs
for a test of 8029 to 8044
Support should appear near the7864 to 7836 region.

JUNE JAPANESE YEN
Resistance should appear near 12530 and the 12680 to 12740 region.
Support should appear near 12380 to 12320

JUNE EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460.

JUNE SWISS FRANC
Resistance should appear near 10960 to 11010
Support should appear near 10890 and 10820.

JUNE BRITISH POUND
Support should appear near 16150 to16090 and 15927
Resistance should appear near 16420 to 16550

JUNE CANADIAN DOLLAR
Resistance should appear near 10136 and 10185.
Support should appear near 10037 to 10021

JUNE AUSSIE DOLLAR
Resistance should appear near 10237 and the10320 to 10360 region
Support should appear near 10185 and 10136 to 10104

 

 

 

 

 

 

            THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1642.00 to 1655 and 1672
Support is near 1615 to 1609

JULY COPPER
Resistance should appear near 37950 to 38060 and 38580 to 38670
Support should appear near 36820 to 36630 and 36230 to 36120

JULY SILVER
Resistance should appear near 3036 to 3045 and 3092 to 3102
Support is at 2990 to 2972 and 2937 to 2928

THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10320 to 10360 and 10470
Support should appear near 10187 and 10136 to 10104

JUNE HEATING OIL
Support should appear near the 30450 to 30360

Resistance should appear near 31480 to 31570

JUNE UNLEADED GAS
Support should appear near 29900 to 29720

Resistance should appear near 30920 to 31020

JUNE NATURAL GAS
Support should appear at 2226 to 2219
Resistance should appear near 2411 to 2419

THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1459 to 1453
Resistance should appear near 1489 to 1496

JULY SOYMEAL
Resistance should appear near 430.4 to 431.5

Support should appear near 418.3 to 416.3

JULY BEAN OIL
Resistance should appear near 5492 to 5504
Support should appear near 5356 to 5344

 

JULY CORN
Support should appear near 603 ½ to 602 ¾
Resistance should appear near 625 ¾ to 627

JULY WHEAT
Resistance should appear near 633 ¾ to 635
Support should appear near 595 ¾ to 594 ½
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK

 

JUNE CATTLE
Support should appear near  11532 and the 11360 to 11320 region
Resistance should appear near 11640 to 11690 and 11817

JUNE HOGS
Support should appear near 8502 to 8482 and 8407 to 8392

Resistance should appear near 8557 to 8592 and the 8667 to 8682 region
OCTOBER HOGS

Support should appear near the 7957 to 7932 region.

Resistance should appear near 8117 to 8137

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 17380 to 17310 and 16960 to 16890
Resistance should appear near 17740 to 17800 and 18080 to 18220

JULY COCOA
Resistance should appear near 2354 to 2370 and 2411 to 2419
Support should appear near 2275 to 2267 and 2175 to 2170

 

JULY SUGAR
Support is at 1953 to 1946
Resistance should appear near 2126 to 2134.

JULY COTTON
Resistance should appear near 9044 to 9060 and 9140 to 9156
Support should appear 8871 to 8856 and 8777 to 8762
–A Ship in Harbor is Safe…But that is not what ships are built for —

 

Happy Trading!
Bill wil@futurescom.com
Thursday May 03, 2012
3:00 PM South Florida Beach Time 

 

 

 

 

 

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FuturesCom Morning Comments  Friday May 04, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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