Morning Investment and Day Trading Comments Friday February 28, 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
The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments — George Washington—
Thursday February 27, 2014
3:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear 16,150.00 to 16,090.00.
Resistance is at the 16,420.00 to 16,550.00 region.
MARCH E-MINI SP500
Resistance should appear near the 1858.00 to 1865.00, beyond that a test of 1882.00 and the 1902.00 to 1909.00 region is likely.
Support should appear near 1849.00 and 1840.00. Below that 1831.00 and the 1822.00 to 1808.00 region should hold.
NASDAQ COMPOSITE
Resistance should appear near 4370.00 to 4381.00
Support should appear near 4315.00 to 4304.00 and 4276.50 and the 4249.00 to 4238.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3682.00 to 3663.00 and the 3623.00 to 3613.00 region.
Resistance is at 3734.00 to 3743.00 beyond that a test of 3795.00 to 3806.00 is likely
MARCH E-MINI RUSSELL 2000
Resistance should now appear at 1192.00 to 1203.00, beyond that a trade towards 1217.50 is likely
Support should appear near 1181.50 and the 1169.00 to 1164.00 region.
JUNE 30 YR BONDS
Resistance should appear near 133-21 and 134-07
Support should appear near 132-21 and 132-07
JUNE 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-07 and 123-21
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134 region.
Support should appear near 8029 and 7991
MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837 and 9873
Support should appear near 9737 to 9706.
MARCH EURO CURRENCY
Support should appear near 13615 and the 13460 to 13340 region
Resistance should appear near the 13770 to 13830 region.
MARCH SWISS FRANC
Resistance should appear near the 11300 to 11360 region.
Support is near 11155 and the 11010 to 10960 region.
MARCH BRITISH POUND
Support should appear near 16550 to 16420.
Resistance remains near 16890 to 16960.
MARCH CANADIAN DOLLAR
Resistance should appear near 9040 to 9060
Support should appear near 8964 to 8934 and 8871 to 8856
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762
Resistance should appear near 9044 to 9060
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1334.0 to 1346.0. Beyond that sellers should appear near 1377.0 to 1383.0.
Support should appear near 1310.0 to 1304.0.
Pick your poison.
MAY COPPER
Resistance should appear near 32610 to 32700
Support should appear near 31570 to 31480
MAY SILVER
Support should appear near 2089 to 2080
Resistance is at 2170 to 2185.
THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near the 10320 to 10360.
Support should appear near 10136 to 10101
APRIL BRENT CRUDE OIL
Resistance should appear near 10960 to 11010 and 11155.
Support should appear near 10820 and the 10680 to 10580 region.
APRIL HEATING OIL
Support should appear near should appear near 29900 to 29720
Resistance should appear the 30920 to 31020.
APRIL UNLEADED GAS
Support should appear the 29370 to 29280 region.
BW Traders can buy at 294.10 and hold for higher prices.
Resistance should appear near 29720 to 29900.
APRIL NATURAL GAS
Resistance should appear at 4845 to 4856
Support should appear near 4315 to 4304
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1361 ½ and 1334 to 1346
Resistance should appear near 1399 and 1415 to 1421
JULY SOYBEANS
Support should appear near 1346 to 1334
Resistance should appear near 1377 to 1383
MAY SOYOIL
Resistance should appear near 4163 to 4183.
Support should appear near 4056 to 4046.
MAY SOYMEAL
Resistance should appear near 457.1 to 458.2, beyond that sellers should appear near 463.9 to 465.0
Support should appear near 444.6 to 442.5, below that a trade towards 438.1 to 437.0 is likely
MAY CORN
Support should appear near 451 ½ to 450 ¼ and 444 ¾ to 442 ½.
Resistance should appear near 457 ¼ to 458 ¼ and 463 ¾ to 465
MAY WHEAT
Resistance should appear near 594 ½ to 595 ¾ and 602 ¼ to 603 ½
Support should appear 580 ½ to 579 ½ and the 572 ¾ to 571 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 14210 to 14150.
Resistance should appear near 14530 to 14590
JUNE CATTLE
Support should appear near 13340 then 13220 and 13100
Resistance should appear near 13460 and 13517
APRIL HOGS
Support should appear near 10360 to 10320 and 10137 to 10102
Resistance should appear near 10470 and 10580 to 10680
JUNE HOGS
Support should appear near 10960 then 10822 and 10680.
Resistance should appear near 11010 and 11157.
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 16960 to 16890.
Resistance should appear the 18080 to 18220 region.
MAY COCOA
Resistance should appear near the 2972 to 2990 region.
Support should appear near 2883 to 2874.
MAY SUGAR
Resistance is near 1808 to 1822 and 1840
Support should appear near 1780 to 1774 and 1738 to 1731
MAY COTTON
Support should appear near 8683 to 8668 and 8589 to 8560
Resistance is at 8856 to 8871 and 8934 to 8964.
-A Ship in Harbor is Safe…But that is not what ships are built for –
Happy Trading!
Bill wil@futurescom.com
Thursday February 27, 2014 4:40 PM South Florida Beach Time
Terms of Use and Agreement https://www.futurescom.com/policies.html
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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved
Sorry, the comment form is closed at this time.