Morning Investment and Day Trading Comments Friday May 02, 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 May 1, 2014 4:30 PM, South Florida Beach Time.

 

 

                                     THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,550.00 to 16,420.00.   Resistance at 16,635.00 and 16,720.00
JUNE E-MINI SP500

Resistance is at 1883.50, beyond that sellers should appear near the 1902.00 to 1909.00 region.

Support should appear near 1865.00 to 1858.00.
NASDAQ COMPOSITE

Resistance should appear at 4163.00 to 4183.00

Support should appear near 4056.00 to 4046.00.
JUNE E-MINI NASDAQ 100

Support should appear near 3563.00 to 3553.00 and the 3503.00 to 3493.00 region..

Resistance is at 3613.00 to 3623.00 and the 3663.00 to 3682.00 region.

JUNE E-MINI RUSSELL 2000

Resistance should appear at 1130.00 to 1136.00

Support should appear near the 1101.00 to 1096.00 region.

 

JUNE 30 YR BONDS

Resistance should appear near 136-21 and 137-07 Support should appear near 135-07 and 134-21
JUNE 10 YR NOTE

Resistance should appear near 125-07 and 125-21

Support should appear near 124-07 and 123-21                                            

 

                                             THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near 7991 and the 8029 to 8044 region.

Support should appear near 7864 to 7836, below that buyers should appear near 7777 to 7763 JUNE JAPANESE YEN Resistance should appear near 9921 to 9937   Support should appear near 9737 to 9706.

 

JUNE EURO CURRENCY

Support should appear near 13830 and 13800 to 13770

Resistance should appear near 13990 and the 14150 to 14210 region
JUNE SWISS FRANC

Resistance should appear near 115.00 and the 11640 to 11690 region.

Support is near 11360 to 11300 and 11155

JUNE BRITISH POUND

Support should appear near 16720 and the 16550 to 16420 region.

Resistance remains near the 16890 to 16960 region.

 

JUNE CANADIAN DOLLAR

Resistance should appear near 9140 to 9156

Support should appear near 9060 to 9044
JUNE AUSSIE DOLLAR

Support should appear near the 9160 to 9156 region.

Resistance should appear near the 9316 to 9347 region.                                              

              

                                                     THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1304.0 to 1310.0 and 1322.0

Support should appear near the 1274.0 to 1268.0 and 1253.0

JULY COPPER Resistance should appear near 30920 to 31020

Support should appear near 29900 to 29720
JULY SILVER

Support should appear near 1865 to 1858 and 1822 to 1808

Resistance is at 1946.0 to 1953.0 and 1982.0 to 1996.0                                                                                    

 

 

 

 

                                                    THE EXCITING ENERGIES

JUNE CRUDE OIL

Resistance should appear near 9921 to 9937 and 10021 to 10037

Support should appear near 9737 to 9706 and 9526 to 9542

 

JUNE BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010.

Supportshould appear near 10680 to 10580

 

JUNE HEATING OIL

Support should appear near should appear near 28830 to 28740

Resistance should appear the 29720 to 29900 region.

 

JUNE UNLEADED GAS

Support should appear near 29280 and 28830 to 28740

Resistance should appear near 29720 to 29900 and the 30360 to 30450 region.
JULY NATURAL GAS

Resistance should appear 4845 to 4856

Support should appear near 4650 to 4639                            

 

      

 

  

                                                THE GRANDE’ GRAINS

JULY SOYBEANS Support should appear near 1459 to 1453 and 1437

Resistance should appear near 1471 ½ and 1484 to 1496

 

NOVEMBER SOYBEANS Support should appear near 1217 and the 1203 to 1192 region.

Resistance should appear near 1232 to 1238 and 1253
JULY SOYOIL Resistance should appear near 4163 to 4183

Support should appear near 4056 to 4063 JULY SOYMEAL

Resistance should appear near 484.5 to 485.6

Support should appear near 465.0 to 463.9

JULY CORN

Support should appear near 499 ½ to 497 ¼ Resistance should appear near 512 ¾ to 513 ¾ Trade Accordingly

 

JULY WHEAT

Support should appear near 700 to 699 ¼

Resistance should appear near 714 ¼ to 717 Trade accordingly…

 

 

 

 

 

 

                                                     THE LIVELY LIVESTOCK

JUNE CATTLE

Support should appear near 13910 and 13830 to 13770

Resistance should appear near 14150 to 14210

 

AUGUST CATTLE Support should appear near 13830 to 13770.

Resistance should appear near the 13910 and 13987

 

JUNE HOGS

Support should appear near 12172 and 12030 to 11920

Resistance should appear near 12252 and 12320 to 12380                       

 

AUGUST HOGS

Support should appear near 12102 and 12037 to 11922 Resistance should appear near 12242 and 12317 to 12382.

                                       

                                              THE SATISFYING SOFTS

JULY COFFEE

Resistance should appear near 21260 to 21340 and 21700 to 21850.

Support should appear near 20420 to 20340 and 19960 to 19820

 

JULY COCOA

Resistance should appear near 2928 to 2937

Support should appear near 2882 to 2874

BW Traders should go long if a close over 3047 occurs.

JULY SUGAR

Resistance is near 1808 to 1822   Support should appear near 1774 and 1756

JULY COTTON

Support should appear near 9427 and 9347 to 9316 Resistance is at 9526 to 9542.                                         

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 May 01, 2014 6:10 PM South Florida Beach Time
 

 

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