“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 10, 2013
4:00 PM South Florida Beach Time

                  

 

 

 

 

        THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,460.00 to 13,340.00
Resistance should appear near 13,615.00 and the 13,770.00 to 13,830.00 region.

MARCH E-MINI SP500
Resistance should appear 1471.50 and the 1484.00 to 1496.00 region.
Support should appear near 1459.00 to 1454.00 which should contain a decline.

NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near 3102.00 to 3092.00.

 

MARCH E-MINI NASDAQ 100
Support should appear near 2724.00 to 2716.00.
Resistance should appear near 2758.00 to 2775.00.

MARCH E-MINI RUSSELL 2000

Resistance should appear near 885.60 to 887.10 and 893.40 to 896.40
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. Beyond that sellers should appear near 145-21.

Support should appear near 144-07 and 143-21

MARCH 10 YR NOTE
Resistance should appear near 132-07 and 132-21
Support should appear near 131-07 and 130-21.                                                         

 

 

                                                    THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7954 to 7939
MARCH JAPANESE YEN
Resistance should appear near 11300 to 11360 and 11415.
Support should appear near 11155 and the 11010 to 10960 region.
BW Traders should go short if a close under 11317 occurs.
.
MARCH EURO CURRENCY
Support should appear near 13220 and 13155
Resistance should appear near 13340 to 13460. BW Traders can sell at 13337 and risk a close over
13467 for three days in a row.

MARCH SWISS FRANC
Resistance should appear near 10960 to 11010 and 11082
Support should appear near 10890 and 10820.

MARCH BRITISH POUND
Support should appear near 16090 and 16007
Resistance should appear near 162287 and the 16420 to 16550 region.

MARCH CANADIAN DOLLAR
Resistance should appear near 10175 and 10237.
Support should appear near 10136 to 10104

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

 

                                            THE PRECIOUS METALS

FEBRUARY GOLD
Resistance should appear near 1689 to 1696 and 1731 to 1738
Support is near 1671 and the 1655 to 1642 region.

MARCH COPPER
Resistance should appear near 37340 to 37450 and the 37950 to 38060 region.
Support should appear 36820 to 36630 and 36230 to 36130.

MARCH SILVER
Resistance should appear near 3092 to 3102 and the 3148 to 3157 region.
Support is at 3045 to 3036 and 2990 to 2972.

 

 

THE EXCITING ENERGIES

FEBRUARY CRUDE OIL
Resistance should appear near 9429 to 9445 and 9526 to 9542
Support should appear near 9347 to 9316 and 9237.

FEBRUARY HEATING OIL
Support should appear near 30450 to 30360 and the 29900 to 29720 region. Below that buyers should appear near the 29370 to 29280 region. BW Traders can buy at 29410 for a bounce and hold for higher prices.
Resistance should appear near 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 and 27240 to 27160.
Stay tuned for Flashes

FEBRUARY NATURAL GAS
Resistance should appear at 3319 to 3328
Support should appear near 2990 to 2972.

THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1383 to 1377and the 1346 to 1334 region
Resistance should appear near 1399 and the 1415 to 1421 region.

MARCH SOYOIL
Resistance should appear near 5056 to 5067 and 5127 to 5139
Support should appear near 4926 to 4915 and 4856 to 4845

 

MARCH SOYMEAL
Resistance should appear near 411.0 to 412.0 and  416.3 to 418.3
Support should appear near 399.2 to 398.2 and 392.9 to 390.9

 

MARCH CORN
Support should appear 675 ½ to 674 ¾ and the 667 ¼ to 665 ¾ region.
Resistance should appear near 707 ½ to 708 ½ and 714 ¼ to 717

MARCH WHEAT
Resistance should appear near 759 ¾ to 760 ¼ and 767 ½ to 768 ¾

Support should appear near 742 ¾ to 741 ½ and 734 ¼ to 732 ¾

 

 

THE LIVELY LIVESTOCK
FEBRUARY CATTLE

Support should appear near 13100 to 13040
Resistance should appear near 13217 and 13340 to 13460.

APRIL CATTLE

Support should appear near 13460 to 13340 region.

Resistance should appear near 13770 to 13830.

 

FEBRUARY HOGS

Resistance should appear near 8487 to 8502 and 8557 to 8592

Support should appear near 8407 to 8392 and 8317 to 8300
APRIL HOGS

Support should appear near 8682 to 8667 and 8592 to 8587
Resistance should appear near 8762 to 8777 and 8857 to 8872

JUNE HOGS

Support should appear near 9542 to 9527
Resistance should appear near 9707 to 9737.
Stay tuned for Livestock Flashes and Updates

THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and the 14210 to 14150 region
Resistance should appear near 15290 to 15350 and 15690 to 15760

.

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 2185 to 2170 and the 2134 to 2126 region.

MARCH SUGAR
Support is at 1865 to 1858 and 1822 to 1808
Resistance should appear near 1902 to 1909 and 1946 to 1954

MARCH COTTON
Support should appear near 7428 to 7414 and 7342 to 7328
Resistance is near 7587 to 7601 and 7763 to 7777.

 

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 10, 2013
5:15 PM South Florida Beach Time 

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FuturesCom Morning Futures Comments  Friday January 11 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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