Morning Investment and Day Trading Comments Friday May 30, 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 29, 2014 2:00 PM, South Florida Beach Time. Stay tuned for flashes and updates for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 16,550.00 to 16,420.00 region.
Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region.
JUNE E-MINI SP500
Resistance is at 1927.50 and the 1946.00 to 1953.00 region. BW Traders can sell at 1945.75 and risk a close over 1954.25 for three days in a row. Support should appear near 1909.00 to 1902.00
NASDAQ COMPOSITE
Resistance should appear at the 4304.00 to 4315.00 region.
Support should appear near 4183.00 to 4163.00.
JUNE E-MINI NASDAQ 100
Support should appear near 3683.00 to 3663.00 and 3623 to 3613 Resistance is near 3734.00 to 3743.00 and 3795 to 3806
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1150.00 and the 1164.00 to 1169.00 region. Support should appear near 1136.00 to 1130.00 and 1115.50.
SEPTEMBER 30 YR BONDS
Resistance should appear near 138-07 and 138-21 Support should appear near 137-07 and 136-21
SEPTEMBER 10 YR NOTE
Resistance should appear near 126-07, beyond that sellers should appear near 126-21. Support should appear near 125-07 and 124-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near 8044 to 8029.
JUNE JAPANESE YEN
Resistance should appear near 9921 to 9937. Support should appear near 9821 and 9737 to 9706.
JUNE EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance should appear near 13617 and 13687.
JUNE SWISS FRANC
Resistance should appear near 11155 and the 11300 to 11360 region. Support is near the 11010 to 10960 region.
JUNE BRITISH POUND
Support should appear near the 16550 to 16420 region. BW Traders can buy at 16557 and hold for higher prices. Resistance should appear near 16720 and 16807
JUNE CANADIAN DOLLAR
Resistance should appear near 9228 and the 9316 to 9347 region. Support should appear near the 9060 to 9044 region.
JUNE AUSSIE DOLLAR
Support should appear near 9156 to 9140 Resistance should appear near 9316 to 9347.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near the 1268.0 to 1274.0 region.
Support should appear near the 1238.0 to 1232.0 region.
JULY COPPER
Resistance should appear near 31480 to 31570 and 31940 to 32130.
Support should appear near 31020 to 30920 and 30450 to 30360
JULY SILVER
Support should appear near 1865 to 1858 and the 1822.0 to 1808.0 region. Resistance is at 1902 to 1909 and 1946.0 to 1953.0
THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10320 then 10228 and the 10136 to 10104 region.
JULY BRENT CRUDE OIL Resistanceshould appear near 11155 and 11300 to 11360 Supportshould appear near 10960 and 10815
JULY HEATING OIL
Support should appear near should appear near 28830 to 28740 and 28290 to 28200 Resistance should appear 29280 to 29370 and 29720 to 29900
JULY UNLEADED GAS
Support should appear 29900 to 29720 then 29550 and 29370 to 29280
Resistance should appear near 30360 to 30450 and the 30920 to 31020 region.
JULY NATURAL GAS
Resistance should appear 4639 to 4650 and the 4695 to 4717 region
Support should appear near 4514 to 4503 and 4446 to 4425
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1496 to 1484 then 1471 ½ and 1459 to 1453
Resistance should appear near 1512 ½ and 1529 to 1535
AUGUST SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near 1437 and 1453 to 1459
NOVEMBER SOYBEANS
Support should appear near 1238 to 1232 Resistance should appear near 1253 and 1268 to 1274
JULY SOYOIL Resistance should appear near 4046 to 4056.
Support should appear near the 3929 to 3909 region
JULY SOYMEAL
Resistance should appear near 499.5 and 505.6 to 506.7
Support should appear near 492.6 to 491.5
AUGUST SOYMEAL
Resistance should appear near 477.5 to 478.5 and 484.5 to 485.6
Support should appear near 465.0 to 463.9 and 458.1 to 457.1 Trade Accordingly
JULY CORN
Support should appear near 465 to 463 ¾ Resistance should appear near 484 ½ to 485 ¾
JULY WHEAT
Support should appear near 627 to 625 ¾ Resistance should appear near 648 ¾ to 650 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13770 and 13692
Resistance should appear near 13830 and 13917
AUGUST CATTLE
Support should appear near 13830 to 13770
Resistance should appear near 14150 to 14210
JUNE HOGS
Support should appear near 11360 to 11300 and 11157
Resistance should appear near 11502 and the 11640 to 11690 region.
JULY HOGS
Support should appear near 12030 to 11920 then 11807 and 11690 to 11640 Resistance should appear near 12107 then 12172 and 12242.
AUGUST HOGS
Support should appear near 12380 to 12320 Resistance should appear near 12532 and 12680 to 12740
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 18580 to 18650
Support should appear near 18080 and 17800 to 17740
JULY COCOA
Resistance should appear near the 3092 to 3102 region
Support should appear near 3045 to 3036
JULY SUGAR
Resistance is near 1774 to 1780
Support should appear near 1738 to 1731
JULY COTTON
Support should appear near 8589 to 8560 and 8499 to 8484. Resistance is at 8668 to 8683 and 8762 to 8777
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 29, 2014 3:15 PM South Florida Beach Time
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