“Years of practice at the game, of constant study, of always remembering, enables the trader to act when the unexpected happens as well as when the expected comes to pass. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory”  -Reminiscences of a Stock operator -1929

Thursday January 03, 2013
5:00 PM South Florida Beach Time

 

                                          THE SENSATIONAL STOCK AND BOND MARKET

 

 

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,340.00 and 13,220.00
Resistance should appear near 13,460.00 then 13,615.00 and the 13,770.00 to 13,830.00 region which should cap a rally.

MARCH E-MINI SP500
Resistance should appear 1471.50 and the 1484.00 to 1496.00 region.
Support should appear near 1437.00. Below that buyers should appear near 1421.00 to 1415.00 which should contain a decline

NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00 and the 3194.00 to 3213.00 region.
Support should appear near 3092.00 and 3045.00 to 3036.00.

 

MARCH E-MINI NASDAQ 100
Support should appear near 2724.00 to 2716.00 and 2672.00 to 2663.00.
Resistance should appear near 2758.00 to 2775.00. Beyond that sellers should appear near 2820.00 to 2829.00.

MARCH E-MINI RUSSELL 2000
Resistance should appear near the 876.20 to 877.70 and the 885.60 to 887.10 region.
Support should appear near 868.30 to 866.80 and the 858.90 to 856.00 region.

MARCH 30 YR BOND
Resistance should appear near 145-07 and 145-21. Beyond that sellers should appear near
146-07 and should cap a rally.
Support should appear near 144-07 and 143-21.. below that a test of 143-07 is likely.

MARCH 10 YR NOTE
Resistance should appear near 132-07 and 132-21, beyond that sellers should appear near 133-07
Support should appear near 131-07 and 130-21.Below that a trade towards 130-07 should occur                                                          

 

                                                    THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134 region.
Support should appear near 8044 to 8029 and 7991
MARCH JAPANESE YEN
Resistance should appear near 11500 and 11640 to 11690. BW Traders can sell at 11637 and hold for lower prices…
Support should appear near the 11360 to 11300 region.
.
MARCH EURO CURRENCY
Support should appear near 12965 and 12890.
Resistance should appear near 13040 to 13100 and 13155

MARCH SWISS FRANC
Resistance should appear near 10820 then 10890 and the 10960 to 11010 region.
Support should appear near 10757 and the 10680 to 10580 region.

MARCH BRITISH POUND
Support should appear near 16017 and 15922
Resistance should appear near 16090 to 16150.
Trade accordingly and stay tuned for Flashes
MARCH CANADIAN DOLLAR
Resistance should appear near 10137 then 10175 and 10237.
Support should appear near 10104 and 10037 to 10021

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

FEBRUARY GOLD
Resistance should appear near 1689 to 1696 and the 1731 to 1738 region.
Support is near 1655 to 1642 and 1615 to 1609
MARCH COPPER
Resistance should appear near 37340 to 37450 and 37950 to 38060.
Support should appear 36820 to 36630 and 36230 to 36130.

MARCH SILVER
Resistance should appear near 3036 to 3045 and 3092 to 3102
Support is at 2990 to 2972 and 2937 to 2928.

 

 

THE EXCITING ENERGIES

FEBRUARY CRUDE OIL
Resistance should appear near 9316 to 9347 and the 9706 to 9737 region.
Support should appear near 9237 and the 9156 to 9140 region. Below that buyers should appear near 9060 to 9044.

FEBRUARY HEATING OIL
Support should appear near 29900 to 29720 and the 29370 to 29280 region, which should bring in buyers and contain a decline. BW Traders can buy at 29410 for a bounce and hold for higher prices.
Resistance should appear near the 3036 to 30450 and the 30920 to 31020 region. Above that a trade towards 31480 to 31570 is likely.

FEBRUARY UNLEADED GAS
Resistance should appear near 28120 to 28200, a close over is friendly and augurs for a test of 28830 to 28740 and eventually the 29280 to 29370 region.

Support should appear near 27750 to 27580 then 27240 to 27160 and the 26720 to 26630 region.
Stay tuned for Flashes

FEBRUARY NATURAL GAS
Resistance should appear at 3425 to 3443 and 3553 to 3563.
Support should appear near 3157 to 3148 and the 2990 to 2972 region.

THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1383 to 1374 and the 1346 to 1334 region.
Resistance should appear near 1415 to 1421 and the 1454 to 1459 region.

MARCH SOYOIL
Resistance should appear near 5127 to 5139 the 5200 to 5211region.
Support should appear near 5067 to 5056 and 4995 to 4973.

MARCH SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 418.3.
Support should appear near 405.6 to 404.6 and the 399.2 to 398.2 region.

MARCH CORN
Support should appear 683 ¾ to 680 ¾ and 675 ½ to 674 ¾.
Resistance should appear near 699 to 700 ¼ and 707 ½ to 708 ¾.

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 and the 734 ¼ to 732 ¾ region.

THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13340 and 13220.
Resistance should appear near 13460 then 13537 and 13612

APRIL CATTLE
Support should appear near 13617 and the 13460 to13340 region.
Resistance should appear near 13770 to 13830.

FEBRUARY HOGS
Resistance should appear near 8762 to 8777 and 8857 to 8872
Support should appear near 8662 and 8587 to 8562.
APRIL HOGS
Support should appear near 8967 to 8932 and 8872 to 8857
Resistance should appear near 9137 to 9157

JUNE HOGS

Support should appear near 9837 to 9822 and 9747 to 9737
Resistance should appear near 9922 to 9937 and the 10022 to 10037region.

Stay tuned for Livestock Flashes and Updates

THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and the 14120 to 14150 region
Resistance should appear near 15290 to 15350 and the 15690 to 15760 region.

.

MARCH COCOA
Resistance should appear near 2267 to 2275 and the 2315 to 2322 region. Beyond that sellers should appear near 2354 to 2370. BW Traders can sell at 2351 and hold for lower prices. Risk a close over 2372 for three days in a row

Support should appear near 2226 to 2219 and the 2185 to 2170 region…

MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858
Resistance should appear near 1946 to 1954 then 1982 to 1996 and the 2034 to 2042.
BW Traders can Sell at 2032 and risk a close over 2047 for three days in a row.

MARCH COTTON
Support should appear near 7513 to 7486 and the 7428 to 7414 region.
Resistance is near 7587 to 7601. Beyond that sellers should appear 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 January 03, 2013
7:20 PM South Florida Beach Time 

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FuturesCom Morning Futures Comments  Thursday January 04 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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