FuturesCom Morning Investment Comments Friday February 8, 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
Thursday February 7, 2013
6:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 13,830.00 to 13,770.00 region.
Resistance remains near 13,990.00 and the 14,150.00 to 14,210.00 region.
MARCH E-MINI SP500
Resistance should appear near 1512.50 and the 1529.00 to 1535.00 region.
Aggressive BW Traders who sleep on a bed of Nails can sell 1528.50 and risk 10 points
Support should appear near 1496.00 then 1490.00 and 1484.00.
NASDAQ COMPOSITE
Resistance should appear near the 3194.00 to 3213.00 region.
Support should appear near 3157.00 to 3148.00 and 3125.00.
MARCH E-MINI NASDAQ 100
Support should appear near the 2724.00 to 2716.00 region.
Resistance should appear near 2758.00 to 2775.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near the 914.00 to 915.60 and 923.70
Support should appear near 906.00 to 904.40 and the 896.40 to 893.40 region. Below that buyers should appear near the 887.10 to 885.60 region. BW Traders can buy at 888.90 for a bounce and risk a close under 885.30 for three days in a row.
MARCH 30 YR BOND
Resistance should appear near 143-21 and 144-07
Support should appear near 143-07 and 142-21
MARCH 10 YR NOTE
Resistance should appear near 131-21 and 132-07
Support should appear near 131-07 below that 130-21 should hold.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near the 8029 to 8044 region.
Support should appear near 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 10750 and 10820.
Support should appear near 10680 then 10630 and 10580.
MARCH EURO CURRENCY
Support should appear near 13400 and 13340.
Resistance should appear near 13460 and 13537.
MARCH SWISS FRANC
Resistance should appear near 10922 and the 10960 to 11010 region.
Support should appear near 10820
MARCH BRITISH POUND
Support should appear near 15525, below that a trade towards the 15350 to 15290 region is likely. .
Resistance should appear near 15690 to 15760.
MARCH CANADIAN DOLLAR
Resistance should appear near 10021 to 10037 and 10079.
Support should appear near 9979 and the 9937 to 9921 region.
MARCH AUSSIE DOLLAR
Resistance should appear near 10320 to 10360
Support should appear near 10237 and 10185
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1689 to 1696.
Support is near 1671.5 and 1655 to 1642.
BW Traders should go long if a close over 1697.7 occurs.
MARCH COPPER
Resistance should appear near 37340 to 37430 and 37950 to 38060
Support should appear near the 36820 to 36630 region, which should hold.
MARCH SILVER
Resistance should appear near 3148 to 3157 and 3194 to 3213.
Support is at 3102 to 3092 and the 3045 to 3036 region
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9625 to 9641 and the 9706 to 9737 region.
Support should appear near 9542 to 9526 and the 9445 to 9429 region.
BW Traders can buy at 9457 and hold for higher prices.
MARCH HEATING OIL
Support should appear near 32130 to 31940 and 31570 to 31480.
Resistance should appear near 32620 to 31940 and the 33190 to 33280 region
MARCH UNLEADED GAS
Resistance should appear near 30360 to 30450 and 30920 to 31020
Support should appear near 29900 to 29720 and the 2370 to 29280 region
MARCH NATURAL GAS
Resistance should appear at 3319 to 3328
Support should appear near 3270 to 3261
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1484 then 1471 ½ and the 1459 to 1453 region.
Resistance should appear near 1496 and 1512 ½
MARCH SOYOIL
Resistance should appear near 5259 to 5282 and 5344 to 5356.
Support should appear near 5200 and 5139 to 5127
MARCH SOYMEAL
Resistance should appear near 442.5 to 444.6 and 450.3 to 451.4
Support should appear near 431.5 to 430.4 and 424.9 to 423.8
MARCH CORN
Support should appear 708 ¾ to 707 ½ and the 700 ¼ to 699
Resistance should appear near 714 ½ to 717 and 724 ¼ to 725 ½
MARCH WHEAT
Resistance should appear near 767 ½ to 768 ¾ and 776 ¼ to 777 ¾ .
Support should appear near 751 ¼ to 748 ¾ region. Below that buyers should appear near the 742 ¾ to 741 ½ region. BW Traders can buy at 742 ¾ and risk a close under 731 ¾ for three days in a row.
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13227 and 13340 to 13400
JUNE CATTLE
Support should appear near 12680 and 12530.
Resistance should appear near 12740 and 12887.
APRIL HOGS
Support should appear near 8587 to 8562 and 8502 to 8482
Resistance should appear near 8667 to 8682 and 8762 to 8777
JUNE HOGS
Support should appear near 9442 to 9427
Resistance should appear near 9527 to 9542
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 13830 to 13710
Resistance should appear near 14530 to 14590
MAY COCOA
Resistance should appear near 2267 to 2275 region.
Support should appear near 2185 to 2170.
MAY SUGAR
Resistance is near 1840 and 1858 to 1865
Support should appear near 1807 and 1780 to 1774
MARCH COTTON
Support should appear near 8134 to 8119 and 8044 to 8029. Below that buyers should appear near 7954 to 7939. BW Traders can buy at 7955 and hold for higher prices.
Resistance is near 8194 to 8223 and 8300 to 8314.
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 February 7, 2013
7:45 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 February 8, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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