Morning Investment and Day Trading Comments Friday December 27, 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

“Our greatest weakness lies in giving up.  The most certain way to succeed is always to try just one more time.” — Thomas A. Edison–

Thursday December 26, 2013
3:00 PM South Florida Beach Time

                                 THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,420.00 then 16,352.00 and 16,285.00.

Resistance is at 16,550.00, an extended trade or close over is friendly and augurs for a test of 16,720.00 and eventually the 16,890.00 to 16,960.00 region.

MARCH E-MINI SP500

Resistance should appear near 1840.00 and the 1858.00 to 1865.00 region.
Support should appear near 1831.00 and the 1822.00 to 1808.00 region.

 

 

NASDAQ COMPOSITE

Resistance should appear near 4183.00, beyond that a test of 4210 and 4238 to 4249 is likely.
Support should appear near 4163.00 then 4142.00 and the 4120.00 to 4110.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 3563.00 to 3553.00.

Resistance is at 3588.00. A close over is friendly and augurs for a test of 3613.00 to 3623.00.
Trade Accordingly

MARCH E-MINI RUSSELL 2000

Resistance should appear at 1164.00 to 1169.00.
Support should appear near 1157.00 and 1150.00. Below that buyers should appear near 1143.00 and the 1136.00 to 1130.00 region.

MARCH 30 YR BOND

Resistance should appear near 128-21 and 129-07
Support should appear near 128-07 and 127-21

MARCH 10 YR NOTE

Resistance should appear near 123-07 and 123-21.

Support should appear near 122-21 and 122-07                  

 

                                                 THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8119 to 8134

Support should appear near 8044 to 8029.

MARCH JAPANESE YEN
Resistance should appear near 9625 to 9641 and 9673
Support should appear near 9542 to 9526 and 9486.  

 

 

MARCH EURO CURRENCY

Support should appear near 13615 and 13537
Resistance should appear near 13690 and the 13770 to 13830 region.

 

MARCH SWISS FRANC

Resistance should appear near 11227 and the 11300 to 11360 region.

Support is near 11155 then 11087 and 11010 to 10960.

MARCH BRITISH POUND

Support should appear near 16352 and 16287.

Resistance remains near 16420 to 16550.

MARCH CANADIAN DOLLAR

Resistance should appear near 9388 and 9429 to 9445

Support should appear near 9347 to 9316

MARCH AUSSIE DOLLAR

Support should appear near 8777 to 8762, below that a test of 8683 to 8668 is likely.
Resistance should appear near 8856 to 8871 and 8934 to 8964   

 

                                                       THE PRECIOUS METALS

FEBRUARYGOLD

Resistance should appear near 1217.5 and the 1232.0 to 1238.0 region.
Support remains near 1203.0 to 1192.0. Below that a test of 1169.0 to 1164.0 is likely.

MARCH COPPER
Resistance should appear near 34250 to 34430 and 34930 to 35030

Support should appear near 33860 to 33770 and 33280 to 33190.

MARCH SILVER

Support should appear near 1953 to 1946 then 1909 to 1902 and 1865 to 1858

Resistance is at 1982 to 1996 and 2034 to 2042                                                                                  

                                                       THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Resistance should appear near 10021 to 10037  and 10104 to 10136

Support should appear near 9937 to 9921 and 9837 to 9821

 

FEBRUARY BRENT CRUDE OIL
Resistance should appear near the 11300 to 11360 region.        

Support should appear near the 11010 to 10960 region.

 

FEBRUARY HEATING OIL

Support should appear near should appear near 30450 to 30360 and 29900 to 29720

Resistance should appear 30920 to 31020 and 31480 to 31570

FEBRUARY UNLEADED GAS

Support should appear near the 27750 to 27580 and 27240 to 27160

Resistance should appear near 28200 to 28290 and 28740 to 28830

FEBRUARY NATURAL GAS

Resistance should appear at 4503 to 4514 and 4571 to 4582

Support should appear near 4446 to 4425 and 4381 to 4370          

                

                                                  THE GRANDE’ GRAINS

MARCH SOYBEANS

Support should appear near 1289 and 1274 to 1268

Resistance should appear near 1310 and 1322

MARCH SOYOIL
Resistance should appear near 3982 to 3992 and 4046 to 4056.
Support should appear near 3909 and 3867 to 3858.

 

 

MARCH SOYMEAL

Resistance should appear near 430.4 to 431.5

Support should appear near 418.3 to 416.3
MARCH CORN

Support should appear near 424 ¾ to 423 ¾ the 418 ¼ to 416 ¼ region.
Resistance should appear near 430 ½ to 431 ½ and 437 to 438 ¼

 

MARCH WHEAT

Resistance should appear near 610 1/4 to 611 ¼ and 616 ½ to 619.

Support should appear near 603 ½ to 602 ¾ 588 to 585 ½

THE LIVELY LIVESTOCK

FEB CATTLE
Support should appear near 13400 to 13340

Resistance should appear near 13460 and 13532
FEB HOGS
Support should appear near 8502 to 8482 and 8407 to 8392

Resistance should appear near 8557 to 8587 and 8667 to 8682.

 

APRIL HOGS

Support should appear near 9042 and the 8967 to 8932 region.
Resistance should appear near 9100 and 9137 to 9157.

JUNE HOGS

Support should appear near 9937 to 9922 and 9837 to 9822

Resistance should appear near 10022 to 10037 and 10102 to 10137                                         

 

 

 

 

                                                   THE SATISFYING SOFTS

MARCH COFFEE

Support should appear near 11360 to 11300.

Resistance should appear 11640 to 11690

 

MARCH COCOA

Resistance should appear near 2820 to 2829 and 2851

Support should appear near 2775 to 2758 and 2741

MARCH SUGAR

Resistance is near 1642 to1655 and 1672
Support should appear near 1615 to 1609 and 1576 to 1569

 

MARCH COTTON

Support should appear near 8223 to 8194 and the 8134 to 8119 region.
BW Traders can buy at 8135 and hold for higher prices.
Resistance is at 8300 to 8314 and 8392 to 8406

                                       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 26, 2013, 4:25 PM South Florida Beach Time

 

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