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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Friday March 21 2014 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

Morning Investment and Day Trading Comments Friday March 21, 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

Thursday March 20, 2014
8:15 PM South Florida Beach Time.

                                   THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near at 16,275, below that buyers should appear near the
16,150.00 to 16,090.00 region and contain a decline.
Resistance is at 16,420.00 to 16,550.00.

JUNE E-MINI SP500

Resistance should appear near 1874.00 then 1883.50 and the 1902.00 to 1909.00 region.
Support should appear near 1865.00 to 1858.00 then 1844.50 and 1840.00, which should hold.

 

 

 

NASDAQ COMPOSITE

Resistance should appear near 4342, beyond that a test of the 4370.00 to 4281.00 region is likely.

Support should appear near 4315.00 to 4304.00 then 4276.50 and 4249.00 to 4238.00.

JUNE E-MINI NASDAQ 100

Support should appear near 3683.00 to 3663.00 then 3643 and 3623.00 to 3613.00.
Resistance is at 3708.50, a close over is friendly and augurs for a test of 3734.00 to 3743.00.

JUNE E-MINI RUSSELL 2000

Resistance should appear near 1203.00, a close over is friendly and augurs for a test of
the 1232.00 to 1238.00 region.
Support should appear near 1192.00 then 1180.50 and the 1169.00 to 1164.00 region.

Stay tuned for Flashes and trade accordingly


JUNE 30 YR BONDS

Resistance should appear near 132-07 and 132-21
Support should appear near 131-21 and 131-07

JUNE 10 YR NOTE

Resistance should appear near 123-21 and 124-07

Support should appear near 123-07 and 122-21                                                   

 

                                               THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near 8044, beyond a test of 8119 to 8134 is likely.

Support should appear near 8029 then 7991 and 7954 to 7939.

JUNE JAPANESE YEN
Resistance should appear near the 9821 to 9837 region.
Support should appear near the 9737 to 9706 region      

 

JUNE EURO CURRENCY

Support should appear near 13770 and 13692.
Resistance should appear near 13830 and 13912

JUNE SWISS FRANC

Resistance should appear near 11360 and 11430
Support is near 11330 to 11300.

MARCH BRITISH POUND

Support should appear near 16420 and 16357

Resistance is near 16550 then 16720 and 16890 to 16960.
JUNE CANADIAN DOLLAR

Resistance should appear near 8902 and 8934 to 8964
Support should appear near 8871 to 8856 and 8777 to 8762

JUNE AUSSIE DOLLAR

Support should appear near 8964 to 8934 and 8871 to 8856
Resistance should appear near 9044 to 9060

                                                    THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1334.0 to 1346.0

Support should appear near 1310.0 to 1304.0.

MAY COPPER
Resistance should appear near 30920 to 31020

Support should appear near 29370 to 29280

 

 

 

 

MAY SILVER

Support should appear near 1996 to 1982

Resistance is at 2080 to 2089
                                                                                      

                                                       THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 9921 to 9937, beyond that a test of 10021 to 10037 is likely

Support should appear near 9837 to 9821 and 9737 to 9706

 

MAY BRENT CRUDE OIL
Resistance should appear near 10680 and 10820
Support should appear near 10580 and 10470

 

APRIL HEATING OIL

Support should appear near should appear near 28830 to 28740
Resistance should appear near 29280 to 29370


APRIL UNLEADED GAS

Support should appear 28290 to 28200

Resistance should appear near 29280 to 29380

MAY NATURAL GAS

Resistance should appear at 4503 to 4514

Support should appear near 4315 to 4304                

                                                          

 

 

 

 

 

 

                                                  THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1421 to 1415

Resistance should appear near 1453 to 1459

 

JULY SOYBEANS
Support should appear near 1399 and 1383 to 1377

Resistance should appear near 1415 to 1421

 

MAY SOYOIL
Resistance should appear near 4163 to 4183 and 4238 to 4249
Support should appear near 4120 to 4110 and 4056 to 4046

MAY SOYMEAL

Resistance should appear near 469.5 to 471.7 and 477.5 to 478.5

Support should appear near 465.0 to 463.9 and 458.2 to 457.1
MAY CORN

Support should appear near 478 ½ to 477 ½ and 471 ¾ to 469 ½
Resistance should appear near 484 ½ to 485 ¾ and 491 ½ to 492 ¾

 

MAY WHEAT

Resistance should appear near 714 ¼ to 717

Support should appear 667 ¼ to 665 ¾        

 

                                                        THE LIVELY LIVESTOCK

APRIL CATTLE
Support is near 14210 to 14150

Resistance should appear near 14530 to 14590

 

 

 

JUNE CATTLE

Support should appear near 13467 to 13342

Resistance should appear near 13767 to 13832

APRIL HOGS

Support should appear near 12380 to 12320
Resistance should appear near 12680 to 12740


JUNE HOGS

Support should appear near 13100 13040

Resistance should appear near 13340 to 13460
                                               

 

                                                      THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 17740 to 17800 and 18080 to 18220

Support should appear near 17380 to 17310 and 16960 to 16890

 

MAY COCOA

Resistance should appear near 2990 and 3036 to 3045.

Support should appear near 2972 and the 2937 to 2928 region.

MAY SUGAR

Resistance is near 1731 to1738 and 1774 to 1780

Support should appear near 1696 to 1689 and 1655 to 1642

 

 

 

 

 

MAY COTTON

Support should appear near 9156 to 9140 and 9060 to 9044.
Resistance is at 9316 to 9347, beyond that a test of 9429 to 9445 is likely

                                       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 March 20, 2014 9:50 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.

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