Dec 182014
 

Day Trading and Investment Comments Friday December 19, 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

Thursday December 18, 2014

1:00 PM, South Florida Beach Time

 

Traders should stay nimble and stay tuned for flashes in all markets during the holidays.

 

                                      THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support is near 17,560.00 and 17,380.00 to 17,310.00.
Resistance is at 17,740.00 to 17,800.00 and the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS

Support should appear near 8871.00 to 8856.00 and 8777.00 to 8762.00

Resistance is at 9044.00 to 9060.00 and 9140.00 to 9156.00

 

 

MARCH E-MINI SP500

Resistance should appear near 2080.00 to 2089.00

Support should appear near 2042.00 to 2034.00 and 2015.00

 

NASDAQ COMPOSITE

Resistance should appear at 4775.00 to 4785.00 and 4915.00 to 4926.00
Support should appear near 4717.00 to 4695.00 and 4650.00 to 4639.00

 

MARCH E-MINI NASDAQ 100
Support should appear near 4210.00 and 4183.00 to 4163.00
Resistance is at 4304.00 to 4315.00 and 4370.00 to 4381.00


MARCH E-MINI RUSSELL 2000

Resistance should appear near 1192.00 to 1203.00 and 1217.50
Support should appear near 1169.00 to 1164.00

 

MARCH 30 YR BONDS

Resistance should appear near 144-07 then 144-22 and 145-06
Support should appear near 143-07 then 142-21 and 142-07

 

MARCH 10 YR NOTE

Resistance should appear near 126-21 and 127-06
Support should appear near 125—21 and 125-07                                              

 

                                             THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 8934 to 8964 and the 9044 to 9060 region.

Support should appear near 8905 and 8871 to 8856.
 

MARCH JAPANESE YEN
Resistance should appear near 8484 to 8499 and 8560 to 8589
Support should appear near 8406 to 8391and 8314 to 8300
MARCH EURO CURRENCY

Support should appear near 12175 and 12030 to 11920

Resistance should appear near 12320 to 12380
MARCH SWISS FRANC

Resistance should appear near 10320 to 10360

Support should appear near 10136 to 10104

 

MARCH BRITISH POUND

Support should appear near 15527 and 15350 to 15290
Resistance should appear near 15690 to 15760 and 15812
MARCH CANADIAN DOLLAR

Resistance should appear near 8668 to 8683
Support should appear near 9589 to 8560 and 8499 to 8484
MARCH AUSSIE DOLLAR
Support should appear near 8044 to 8029 and the 7954 to 7939 region.
Resistance should appear near 8119 to 8134 and 8194 to 8223                                                 

 

                                                         THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1203.0 then 1217.50 and 1232.0 to 1238.0

Support should appear near 1180.5 and the 1169.00 to 1164.0 region.

 

 

 

MARCH COPPER
Resistance should appear near 28740 to 28830 and 29280 to 29370

Support should appear near 28290 to 28200, below that a test of 27750 to 27580 is likely.
MARCH SILVER

Support should appear near 1535 to 1529 and the 1496 to 1484 region.

Resistance is at 1609 to 1615 and 1642 to 1655
                                           THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 5356 to 5344 and 5282 to 5259.

Resistance should appear near 5553 to 5577 and 5640 to 5653
FEBRUARY BRENT CRUDE OIL
Support should appear near 5880 to 5855 then 5805 to 5792 and 5729 to 5716
Resistance should appear near 6023 to 6035 then 6101 to 6113 and 6165 to 6190

 

FEBRUARY HEATING OIL

Support should appear near 18650 to 18580 and 18220 to 18080

Resistance should appear 19020 to 19090 and 19460 to 19530.
FEBRUARY UNLEADED GAS

Support should appear 15350 to 15290 below that a test of 14960 to 14840 is likely.
Resistance should appear near 15525 then 15690 to 15760 and 16090 to 16150.

FEBRUARY NATURAL GAS

Support should appear near 3.623 to 3.613 and the 3.563 to 3.553 region.
Resistance should appear near 3.734 to 3.743 and 3.858 to 3.867                                                                                            

 

 

 

 

                                                 THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1013 ¾ to 1010 ½ and 103 ¾ to 1002 ¾

Resistance should appear near 1047 and the 1058 to 1068 region.

 

MARCH SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3328 .

 

MARCH SOYMEAL
Resistance should appear near 355.3 to 356.3 and 361.3 to 362.3.
Support should appear near 344.3 to 342.5 and 338.6 to 337.3
MARCH CORN

Support should appear near 399 ¼ to 398 ¼ 392 ¾ to 390 ¾
Resistance should appear near 412 and 416 ¼ to 418 ¼
MARCH WHEAT
Support should appear near 643 to 641 ¾ and 635 to 633 ¾.
Resistance should appear near 657 ¾ to 659 ¾ then 665 ¾ to 667 ¼ and 674 ¼ to 675 ½                                                                                                        

              

 

                                                     THE LIVELY LIVESTOCK

FEBRUARY CATTLE
Support should appear near 15760 to 15690

Resistance should appear near 15922 and the 16090 to 16150 region.

     

APRIL CATTLE

Support should appear near 15922 and the 16090 to 16150 region.

Resistance should appear near 15690 to 15760 and 15612

 

 

 

FEBRUARY HOGS

Support should appear near 8047 to 8027 and 7957 to 7932.

Resistance should appear near 8192 to 8222 and 8300 to 8317
.
APRIL HOGS

Support should appear near 8227 to 8192 and 8137 to 8117

Resistance should appear near 8392 to 8407 and 8482 to 8502

 

JUNE HOGS

Support should appear near 9062 to 9042 and 8967 to 8937.

Resistance should appear near 9107 and 9137 to 9157. Beyond that sellers should appear near 9317 to 9347 and cap a rally.

 

                                               THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 17740 to 17800 and 18080 to 18220

Support should appear near 16980 to 16890 and the 16550 to 16420 region.

MARCH COCOA

Resistance should appear near 2972 to 2990 and 3036 to 3045 region

Support should appear near 2883 to 2874 and 2829 to 2820. Trade Accordingly

 

MARCH SUGAR

Resistance is near 1529 to 1535.
Support should appear near 1459 to 1453.


MARCH COTTON

Support should appear near 5957 to 5945 and 5880 to 5855

Resistance is at 6101 to 6123 and 6165 to 6190

 

 

                                      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 18, 2014 3:50 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.

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