FuturesCom  Morning Investment Comments  Friday December 21, 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

“The best thing about the future is that it comes one day at a time”.

— Abraham Lincoln —

Thursday December 20, 2012
12:00 Noon 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 and 12,890.00
Resistance should appear near 13,340.00 to 13,460.00 and 13,770.00 to 13,830.00

MARCH E-MINI SP500
Resistance should appear near 1454 to 1459 and 1484.00 to 1496.00
Support should appear near 1421.00 to 1415.00 and 1383.00 to 1377.00

NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00
Support should appear near 2990.00 to 2972.00

 

MARCH E-MINI NASDAQ 100
Support should appear near and 2620.00 to 2612.00
Resistance should appear near 2758.00 to 2775.00

 

MARCH E-MINI RUSSELL 2000
Resistance should appear near 856.00 to 858.90 and 876.20 to 877.70
Support should appear near 840.60 to 839.10 and 822.30 to 819.40

MARCH 30 YR BOND
Resistance should appear near 147-07 and 147-21
Support should appear near 145-21 and 145-07

MARCH 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 131-21 and 130-07                                                       

THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near the 7864 to 7834 region.
MARCH JAPANESE YEN
Resistance should appear near 11920 to 12030.
Support should appear near the 11690 to 11640 region.

MARCH EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460.

MARCH SWISS FRANC
Resistance should appear near 11010 and 11155
Support should appear near 10960 and 10820.

MARCH BRITISH POUND
Support should appear near 16150 to 16090
Resistance should appear near 16420 to 16550.
MARCH CANADIAN DOLLAR
Resistance should appear near 10104 to 10136 then 10175 and 10235
Support should appear near 10037 to 10021

MARCH AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320.
            THE PRECIOUS METALS

FEBRUARY GOLD
Resistance should appear near 1655 then 1672 and 1689 to 1696.
Support is near 1615 to 1609

MARCH COPPER
Resistance should appear near 35530 to 35630 and 36130 to 36230
Support should appear near 35030 to 34930 and 34430 to 34250

MARCH SILVER
Resistance should appear near 3036 to 3045 and 3092 to 3102
Support is at 2937 to 2928 and 2883 to 2874

 

 

THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9140 to 9156 and 9316 to 9347
Support should appear near 8964 to 8934 and 8777 to 8762 .

JANUARY HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280.  BW Traders can buy at 29410 for a bounce and hold for higher prices.
Resistance should appear near 30920 to 31020 and 31480 to 31570

JANUARY UNLEADED GAS
Resistance should appear near 28200 to 28290 and  28740 to 28830

Support should appear near 27240 to 27160 and 26720 to 26630.

JANUARY NATURAL GAS
Resistance should appear at 3553 to 3563 and 3663 to 3683
Support should appear near 3328 toi 3319 and 3157 to 3148.

 

 

THE GRANDE’ GRAINS

 

MARCH SOYBEANS
Support should appear near 1383 to 1377 and 1346 to 1334
Resistance should appear near 1415 to 1421 and 1453 to 1459

MARCH SOYOIL
Resistance should appear near 4915 to 4926 and 4973 to 4995
Support should appear near 4785 to 4775 and 4717 to 4695

 MARCH SOYMEAL
Resistance should appear near 430.6 to 431.5 and 437.0 to 438.1
Support should appear near 418.3 to 416.3 and 412.0 to 411.0

MARCH CORN
Support should appear 683 ¾ to 680 ¾ and 667 ¼ to 665 ¾
Resistance should appear near 707 ½ to 708 ¾ and 714 ¼ to 717

MARCH WHEAT
Resistance should appear near 793 ¾ to 795 ½ and 802 ¾ to 804 ½

Support should appear near 777 ¾ to 776 ¼ and 768 ¾ to 767 ½

THE LIVELY LIVESTOCK
FEBRUARY CATTLE

Support should appear near 13340 and 13220
Resistance should appear near 13460 then 13537 and 13617

APRIL CATTLE

Support should appear near 13617 and 13517

Resistance should appear near 13770 to 13830

 

FEBRUARY HOGS

Resistance should appear near 8667 to 8682 and 8762 to 8777
Support should appear near 8592 to 8557 and 8502 to 8482

 

APRIL HOGS

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

Resistance should appear near 9137 to 9157 and 9300 to 9317 to 9347

JUNE HOGS

Support should appear near 9937 to 9922.
Resistance should appear near 10102 to 10137

 

THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14210 to 14150 and the 13830 to 13770 region.
Resistance should appear near 14840 to 14960 and the15290 to 15350 region.

.

MARCH COCOA
Resistance should appear near 2411 to 2419 and 2461 to 2469
Support should appear near 2322 to 2315 and 2275 to 2267

MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858.
Resistance should appear near 1945 to 1953 and 1982 to 1996. BW Traders can Sell at 1977 and risk a close over 2002 for three days in a row.

MARCH COTTON
Support should appear near 7428 to 7414 and 7342 to 7328
Resistance is near 7763 to 7777 and the 7836 to 7864 region.

 

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 20, 2012
1:15 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 December 21 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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