FuturesCom Morning Investment Comments Friday December 14, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“There is only one side of the market and it is not the bull side or the bear side, but the right side.”
–Jesse Livermore–
Thursday December 13, 2012
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040.00.
Resistance remains near 13,220.00 and the 13,340.00 to 1346.00 region.
MARCH E-MINI SP500
Resistance appear near 1415.00 to 1421.00 then 1437.00 and the 1453.00 to 1459.00 region.
Support should appear near 1399.00 and the 1383.00 to 1377.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00 and 3092.00 to 3102.00
Support should appear near 2972.00 and 2937.00 to 2928.00
MARCH E-MINI NASDAQ 100
Support should appear near 2620.00 to 2612.00 and 2568.00 to 2552.00
Resistance should appear 2663.00 to 2672.00 and 2716.00 to 2724.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 839.10 to 840.60 and 856.00 to 858.90
Support should appear near 813.40 to 811.90 and 804.40 to 802.90
MARCH 30 YR BOND
Resistance should appear near 148-07 and 148-21
Support should appear near 147-07 and 146-07
MARCH 10 YR NOTE
Resistance should appear near 133-21 and 134-07
Support should appear near 132-07 and 131-21.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near the 7954 to 7939 region.
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MARCH JAPANESE YEN
Resistance should appear near 12030 and 12107.
Support should appear near 11920 and 118-05
Stay tuned for flashes
MARCH EURO CURRENCY
Support should appear near 13040 and 12965
Resistance should appear near 13220 and ther 13340 to 13460 region
MARCH SWISS FRANC
Resistance should appear near 10960 to 11010.
Support should appear near 10820 and the 10680 to 10580 region
MARCH BRITISH POUND
Support should appear near 16090 and 15922
Resistance should appear near 16150 then 16285 and the 16420 to 16550 region
MARCH CANADIAN DOLLAR
Resistance remains near 10185 and 10235
Support should appear near 10104 and 10037 to 10021
MARCH AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
BW Traders can sell at 10577, risk a close over 10687 for three days in a row.
Support should appear near 10360 to 10320
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1731.0 to 1738.0 and 1774.00 to 1780.00
Support is near 1696.0 to 1689.0 and 1655.00 to 1642.00
MARCH COPPER
Resistance should appear near 37340 to 37450 and 37950 to 38060
Support should appear near 36230 to 36130 and 35630 to 35530
MARCH SILVER
Resistance should appear near 3261 to 3270 and 3319 to 3328
Support is at 3213 to 3194 and 3157 to 3148
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8668 to 8683 and the 8762 to 8777 region.
Support should appear near 8499 to 8484 and 8314 to 8300
JANUARY HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear near 29720 to 29900 and 30360 to 30450
JANUARY UNLEADED GAS
Resistance should appear near 26630 to 26720 and 27160 to 27240
Support should appear near 25680 to 25520 and the 25190 to 25110 region.
JANUARY NATURAL GAS
Resistance should appear at 3425 to 3443 and 3613 to 3623
Support should appear near 3270 to 3261 and 3157 to 3148
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1459 to 1453 and 1421 to 1415
Resistance should appear near 1484 to 1496 then1512 ½ and the 1529 to 1535 region.
JANUARY SOYOIL
Resistance should appear near 4973 to 4995 and 5056 to 5067
Support should appear near 4845 to 4856 and 4785 to 4775
JANUARY SOYMEAL
Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0
Support should appear near 444.6 to 442.5 and 438.1 to 437.0
MARCH CORN
Support should appear near 708 ¾ to 707 ½ and 691 ¾ to 690 ¾
Resistance should appear near 724 ¼ to 725 ½ and 732 ¾ to 734 ¼
MARCH WHEAT
Resistance should appear near 819 ½ to 822 ¼ and 830 to 831 ½
Support should appear near 795 ½ to 793 ¾ and 777 ¾ to 776 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460
APRIL CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13770 to 13830
FEBRUARY HOGS
Resistance should appear near 8667 to 8682 and 8762 to 8777
Support should appear near 8407 to 8392 and 8317 to 8302
APRIL HOGS
Support should appear near 9867 to 8932 and 8872 to 8857
Resistance should appear 9137 to 9157 and 9237.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 13830 to 13770
Resistance should appear near 14840 to 14960
MARCH COCOA
Resistance should appear near 2511 to 2519
Support should appear near 2370 to 2354
MARCH SUGAR
Support is at 1822 to 1808 and 1780 to 1774
Resistance should appear 1902 to 1909 and 1982 to 1996
MARCH COTTON
Support should appear near 7342 to 7328 and 7255 to 7242
Resistance is near 7763 to 7777 and 7836 to 7864
BW Traders can sell at 7755 and hold for lower prices.
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 December 13, 2012
3:00 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 December 14 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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