FuturesCom Morning Investment Comments Friday January 18, 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
A trader should not swear eternal allegiance to either a bull or bear side. His concern lies with being right.
Friday January 18, 2013
3:45 AM 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 the 13,770.00 to 13,830.00 region.
MARCH E-MINI SP500
Resistance should appear 1484.00 to 1496.00
Support should appear near 1471.50 and 1459.00 to 1453.00
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 the 2724.00 to 2716.00.
Resistance should appear near the 2758.00 to 2775.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 893.40 to 896.40and 904.40 to 906.00
Support should appear near 877.70 to 876.20 and 868.30 to 866.80.
MARCH 30 YR BOND
Resistance should appear near 145-21and 146-07
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 11227 and 11300 to 11360
Support should appear near 11010 to 10960.
MARCH EURO CURRENCY
Support should appear near 13340 and 13220.
Resistance should appear near 13400 to13460
MARCH SWISS FRANC
Resistance should appear near 10752 and 10820.
Support should appear near 10680 to 10580
MARCH BRITISH POUND
Support should appear near 15922 and the 15760 to 15690 region.
Resistance should appear near 16090 to 16150
MARCH CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021 region.
MARCH AUSSIE DOLLAR
Resistance should appear near 10470 and the10580 to 10680 region
Support should appear near the 10360 to 10320 region. BW Traders can buy at 10370 for a bounce and risk a close under 10317 for three days in a row.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1696.0 and 1731 to 1738
Support is near 1672 and 1655 to 1642.
MARCH COPPER
Resistance should appear near 37340 to 37450.
Support should appear near 36230 to 36130.
MARCH SILVER
Resistance should appear near 3261 to 3170
Support is at 3102 to 3092.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9707 to 979737
Support should appear near 9347 to 9316
MARCH HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280
Resistance should appear near 30360 to 30450 and 30920 to 31020.
MARCH UNLEADED GAS
Resistance should appear near 28120 to 28200 and 28740 to 28830
Support should appear near 27240 to 27160 and the 26720 to 26630 region.
BW Traders can buy at 26730 and hold for higher prices.
MARCH NATURAL GAS
Resistance should appear at 3553 to 3563.
Support should appear near 3270 to 3261
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near 1453 to 1459.
MARCH SOYOIL
Resistance should appear near 5200 to 5211.
Support should appear near 5067 to 5056
MARCH SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.7
Support should appear near 412.0 to 411.0 and 399.2 to 398.2.
MARCH CORN
Support should appear 717 to 714 ½
Resistance should appear near 741 ½ to 742 ¾
MARCH WHEAT
Resistance should appear near 802 ¾ to 804 ½
Support should appear near 760 ¼ to 759 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 12530 and the 12380 to 12320 region
Resistance should appear near 12680 to 12740
APRIL CATTLE
Support should appear near 13040 and 12890
Resistance should appear near 13100 and 13220.
JUNE CATTLE
Support should appear near 12532 and 12380 to 12320 region
Resistance should appear near 12680 to 12740 and 12817.
FEBRUARY HOGS
Resistance should appear near 8667 to 8682
Support should appear near 8502 to 8482
APRIL HOGS
Support should appear near 8687 to 8662.
Resistance should appear near the 8857 to 8872 region.
JUNE HOGS
Support should appear near the 9642 to 9622 and the 9542 to 9527 region
Resistance should appear near 9707 to 9737 and the 9822 to 9837 region.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 15320 to 15290 and 14960 to 14840, BW traders can buy at 14970 and hold for higher prices. Below that buyers should appear near 14590 to 14530 which should contain a decline.
Resistance should appear near 15690 to 15760 and 16090 to 16150
.
MARCH COCOA
Resistance should appear near 2315 to 2322 region. BW Traders can sell at 2315 and hold for lower prices. Risk a close over 2372 for three days in a row
Support should appear near 2226 to 2219.
MARCH SUGAR
Support is at 1822 to 1808. BW Traders can buy at 1823 and hold for higher prices… risk a close under 1807 for three days in a row.
Resistance should appear near 1902 to 1909 and 1946 to 1953
MARCH COTTON
Support should appear near 7777 to 7763 and 7689 to 7675
Resistance is near 7836 to 7864 and the 7939 to 7954 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
Friday January 18, 2013
4:55 AM 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 January 18 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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