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