FuturesCom Morning Investment Comments Friday April 12, 2013 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“We did not all come over on the same ship, but we are all in the same boat.”
Bernard Baruch
Thursday April 11, 2013
6:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,840.00 , below that a test of 14,715 and the 14,590.00 to 14,530.00 region isd likely.
Resistance should appear near the 14,960.00 and 15,120.00
JUNE E-MINI SP500
Resistance should appear the 1609.00 to 1615.00 region
Support should appear near the 1576.00 to 1569.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3319.00 to 3328.00 and 3377.00 to 3386.00
Support should appear near 3270.00 to 3261.00 and 3213.00 to 3194.
JUNE E-MINI NASDAQ 100
Support should appear near 2841.00 and the 2829.00 to 2820.00.
Resistance should appear near 2874.00 to 2883.00. BW Traders can sell at 2873 and risk 30 points
Beyond that sellers should appear near 2928.00 to 2937.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 952.60 to 954.30. Beyond that a trade towards 970.60 to 973.70 is likely.
Support should appear near 944/50 to 942.90 and 934.70 to 931.60.
JUNE 30 YR BOND
Resistance should appear near 146-21 and 147-07.
Support should appear near 145-21 and 145-07
JUNE 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 132-07 and 131-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near the 8223 to 8194 region.
JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136
Support should appear near 10021 and 9937 to 9921 and 9837 to 9821
JUNE EURO CURRENCY
Support should appear near 13100 to 13040, below that a test of 12965 is likely.
Resistance should appear near 13155. Beyond that sellers should appear near 13220.
BW Traders can sell at 13217 and risk a close over 13267 for three days in a row.
JUNE SWISS FRANC
Resistance should appear near 10817 and 10960 to 11010
Support should appear near 10750 and 10680.
JUNE BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near resistance 15525 and 15690 to 15760
JUNE CANADIAN DOLLAR
Resistance should appear near 9921 to 9937.
Support should appear near 9837 to 9821.
JUNE AUSSIE DOLLAR
Resistance should appear near 10580 and 10630
Support should appear near 10470 and the 10360 to 10320 region. .
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1569 to 1576 and 1592.
Support is near 1535 to 1529 and 1496 to 1484
JULY COPPER
Resistance should appear near 34930 to 35030.
Support should appear near 33880 to 33770
JULY SILVER
Resistance should appear near 2820 to 2829 and 2874 to 2883.
Support is at 2724 to 2716 and 2672 to 2663
THE EXCITING ENERGIES
JUNE CRUDE OIL
Support should appear near 9347 to 9316 and 9156 to 9140
Resistance should appear near 9429 to 9445 and 9526 to 9542.
JUNE HEATING OIL
Support should appear near 28830 to 28740.
Resistance should appear near 29720 to 29900
JUNE UNLEADED GAS
Support should appear near 28290 to 28200.
Resistance should appear 29720 to 29900
JUNE NATURAL GAS
Resistance should appear at 4304 to 4315 and 4425 to 4446
Support should appear near 4056 to 4046 and 3929 to 3909.
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1346 to 1334 and 1310 to 1304.
Resistance should appear near 1377 to 1383 and 1399.
JULY SOYOIL
Resistance should appear near 5056 to 5067
Support should appear near 4856 to 4845.
JULY SOYMEAL
Resistance should appear near 398.2 to 399.2 and 404.6 to 405.6.
Support should appear near 386.7 to 385.8 and the 368.2 to 366.3 region
JULY CORN
Support should appear 619 to 616 ½
Resistance should appear near 641 ¾ to 643
JULY WHEAT
Resistance should appear near 714 ¼ to 717 ½ and 732 ¾ to 734 ¼.
BW Traders can sell at 731 and risk a close over 743 for three days in a row.
Support should appear near 700 ¾ to 699 and 691 ¾ to 690 ¾
.
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12030 to 11920 and 11690 to 11640
Resistance should appear near 12157 and 12237
JUNE HOGS
Support should appear near 8872 to 8857 and 8777 to 8762
Resistance should appear near 9037 to 9062 and the 9142 to 9162 region.
OCTOBER HOGS
Support should appear near 8047 to 8027.
Resistance should appear near 8300 to 8317
Stay tuned for Livestock flashes
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340 and 13100 to 13040
Resistance should appear near 14150 to 14210 and 14530 to 14590
JULY COCOA
Resistance should appear near the 2267 to 2275 region.
Support should appear near 2134 to 2126
JULY SUGAR
Resistance is near 1808 to 1822.
Support should appear near 1738 to 1731.
JULY COTTON
Support should appear near 8589 to 8560 and 8499 to 8484.
Resistance is near 8762 to 8777 and 8856 to 8871
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 April 11, 2013
7:15 PM South Florida Beach Time
THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE.
FuturesCom Morning Futures Comments Friday April 12, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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