Day Trading and Investment Comments Friday November 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 November 20, 2014
1:00 PM, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,560.00 and 17,380.00 to 17,310.00.
Resistance is at 17,740.00 to 17,800.00
DOW JONES TRANSPORTS
Support should appear near 9044.00 and 8964.00 to 8934.00
Resistance is at 9100.00 and 9140.00 to 9156.00.
DECEMBER E-MINI SP500
Resistance should appear near 2061.00 and 2080.00 to 2089.00
Support should appear near 2042.00 to 2034.00 and 1996.00 to 1982.00
NASDAQ COMPOSITE
Resistance should appear at 4775.00 to 4785.00 and 4845.00 to 4856.00
Support should appear near 4650.00 to 4639.00 and 4582.00 to 4571.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00
Resistance is at 4304.00 to 4315.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1169.00 and 1180.50
Support should appear near 1136.00 to 1130.00
DECEMBER 30 YR BONDS
Resistance should appear near 142-12 and 142-22
Support should appear near 140-22 and 140-07
DECEMBER 10 YR NOTE
Resistance should appear near 127-07 and 127-21
Support should appear near 126-08 and 125-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8777 and the 8856 to 8871 region.
Support should appear near 8723 and 8683 to 8668
DECEMBER JAPANESE YEN
Resistance should appear near 8484 to 8499 and 8560 to 8589
Support should appear near 8406 to 8391 and 8314 to 8300
DECEMBER EURO CURRENCY
Support should appear near the 12380 to 12320 region.
Resistance should appear near the 12680 to 12740 region.
DECEMBER SWISS FRANC
Resistance should appear near 10580 to 10680.
Support should appear near 10360 to 10320.
DECEMBER BRITISH POUND
Support should appear near 15607 and 15527.
Resistance should appear near 15760 and 15812
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8856 to 8871 and 8905.
Support should appear near 8777 to 8762.
DECEMBER AUSSIE DOLLAR
Support should appear near 8589 to 8560 and 8499 to 8484
Resistance should appear near 8668 to 8683 and 8722.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1203.00 then 1217.50 and 1232.0 to 1238.0
Support should appear near 1180.50 and 1169.0 to 1164.0.
MARCH COPPER
Resistance should appear near 30360 to 30450 and 30920 to 31020
Support should appear near 29900 to 29720 and 29370 to 29280.
MARCH SILVER
Support should appear near 1615 to 1609 then 1576 to 1569 and 1535 to 1529
Resistance is at 1642 to 1655 and the 1689 to 1696 region.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Support should appear near 7428 to 7414 then 7342 to 7328 and 7255 to 7242
Resistance should appear near 7587 to 7601 and 7675 to 7689
FEBRUARY CRUDE OIL
Support should appear near 7342 to 7328 and 7088 to 7074
Resistance should appear near 7587 to 7601 and 7675 to 7689
BW Traders should go short if a close under 7407 occurs.
JANUARY BRENT CRUDE OIL
Resistance should appear near 7939 to 7594 and 8029 to 8044
Support should appear near 7777 to 7762 and 7690 to 7675.
JANUARY HEATING OIL
Support should appear near 23220 to 23150 and 22750 to 22670.
Resistance should appear 23700 and 24110 to 24190.
JANUARY UNLEADED GAS
Support should appear 19960 to 19820. Below that a test of 19090 to 19020 is likely
Resistance should appear near 20340 to 20420 and 20800 to 20890
JANUARY NATURAL GAS
Resistance should appear 4.639 to 4.650 and 4.775 to 4.785
Support should appear near 4.446 to 4.425 and 4.381 to 4.370
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1013 ¾ to 10110 ½ and 1003 ¾ to 1002 ¼ below that a test of 993 ¾ to 992 ¼ is likely
Resistance should appear near 1032 to 1036 and 1047
JANUARY SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and 3377 to 3386.
BW Traders can sell at 3367 and risk 100 points
JANUARY SOYMEAL
Resistance should appear near 361.3 to 362.3 and 366.3 to 368.2
Support should appear near 350.3 to 349.3 and 344.3 to 342.5
MARCH CORN
Support should appear near 374 ¼ to 373 ¼ and 368 ¼ to 362 ¼
Resistance should appear near 385 ¾ to 386 ¾ and 390 ¾ to 392 ¾
MARCH WHEAT
Support should appear near and 543 to 541 ¾ and 535 ¾ to 534 ½
Resistance should appear near 555 ¼ to 557 ¾ and 564 to 565
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16960 to 16890.
Resistance should appear near 17310 to 17380
FEBRUARY CATTLE
Support should appear near 17122 and 16960 to 16890
Resistance should appear near 17310 to 17380
DECEMBER HOGS
Support should appear near 8967 to 8932. BW Traders can buy at 8972 for a bounce
and risk a close under 8932 for three days in a row,
Resistance should appear near 9100 and 9137 to 9147.
FEBRUARY HOGS
Support should appear near 8967 to 8932 and the 8872 to 8857 region.
Resistance should appear near 9100 and 9132 to 9157. Beyond that sellers should appear near
9312 to 9347.. BW Traders can sell at 9227 and hold for lower prices.
APRIL HOGS
Support should appear near 9157 to 9137 and 9067 to 9042
Resistance should appear near 9317 to 9347 and 9427 to 9447
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 19020 to 19090 and 19460 to 19530
Support should appear near 18650 to 18580 and 18220 to 18080
MARCH COCOA
Resistance should appear near 2874 to 2883
Support should appear near 2775 to 2758
MARCH SUGAR
Resistance is near 1609 to 1615
Support should appear near 1535 to 1529.
MARCH COTTON
Support should appear near 5805 to 5792 and 5729 to 5716.
Resistance is at 5945 to 5957 and 6023 to 6035
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 November 20, 2014 2:35 PM South Florida Beach Time
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