Morning Investment and Day Trading Comments Friday October 11, 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
We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light. –Plato–
Thursday October 10, 2013
3:45 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,040.00 and 14,960.00 to 14,840.00
Resistance should appear near 15,290.00 to 15,350.00
DEC E-MINI SP500
Resistance should appear near 1689.00 to 1696.00 and 1731.00 to 1738.00
Support should appear near 1672.00 and 1655.00 to 1642.00
NASDAQ COMPOSITE
Support should appear near 3743.00 to 3734.00
Resistance should appear near 3795.00 to 3806.00
DEC E-MINI NASDAQ 100
Support should appear near 3194.00 then 3175.5 and 3157.00 to 3148
Resistance should appear near 3213.00 then 3237 and 3261.00 to 3270
DEC E-MINI RUSSELL 2000
Resistance should appear at 1082.00 and 1096.00 to 1101.00
Support should appear near 1058.00 and 1047.00
DEC 30 YR BOND
Resistance should appear near 133-07 and 133-21 which should cap a rally.
Support should appear near 132-07 and 131-21
DEC 10 YR NOTE
Resistance should appear near 126-21 and 127-07
Support should appear near 125-21 and 125-07.
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029.
DEC JAPANESE YEN
Resistance should appear near 10228 to 10237 and 10320 to 10360
Support should appear near 10136 to 10104
DEC EURO CURRENCY
Support should appear near 13460 to 13340.
Resistance should appear near 13537 and 13615.
DEC SWISS FRANC
Resistance should appear near 11010 and 11082
Support should appear near 10960 and 10890
DEC BRITISH POUND
Support should appear near the 15760 to 15690 region.
Resistance should appear near 15927 and 16090 to 16150
DEC CANADIAN DOLLAR
Resistance should appear near 9625 to 9641.
Support should appear near 9542 to 9526.
DEC AUSSIE DOLLAR
Support should appear near 9388 and 9347 to 9316
Resistance should appear near 9429 to 9445 and 9526 to 9542
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1304 to 1310
Support is near 1274.0 to 1268.0
DEC COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33280
Support should appear near 32130 to 31940 and 31570 to 31480
DECEMBER SILVER
Support should appear near 2134 to 2126 and 2089 to 2080
Resistance at 2170 to 2185 and 2219.0 to 2226.0
THE EXCITING ENERGIES
DEC CRUDE OIL
Resistance should appear near 10320 to 10360
Support should appear near 10228 and 10136 to 10104
DEC HEATING OIL
Support should appear near should appear near 30450 to 30360 and 29900 to 29720.
Resistance should appear 30920 to 31020 beyond that a test of 31480 to 31570 is likely.
DEC UNLEADED GAS
Support should appear near 26720 to 26630 and 26200 to 26120.
Resistance should appear near 27160 to 27240 and 27580 to 27750
DEC NATURAL GAS
Resistance should appear at 3909 to 3929
Support should appear near 3806 to 3795
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1274 to 1268
Resistance should appear near 1304 to 1310.
DEC SOYOIL
Resistance should appear near 4163 to 4183
Support should appear near 4056 to 4046
DEC SOYMEAL
Resistance should appear near 430.4 to 431.5 and the 442.5 to 444.6 region.
Support should appear near 405.6 to 404.6 and the 399.2 to 398.2 region
DEC CORN
Support should appear near and 431 ½ to 430 ½
Resistance should appear near 442 ½ to 444 ¾.
DEC WHEAT
Resistance should appear near 699 to 700 ¼ and 707 ½ to 708 ¾.
Support should appear near 675 ½ to 674 ¾ and the 667 ¼ to 665 ¾.
THE LIVELY LIVESTOCK
DEC CATTLE
Support should appear near 13100 to 13040.
Resistance should appear near 13340 to 13460.
FEB CATTLE
Support should appear near 13340 and 13217
Resistance should appear near 13460 and 13530
DEC HOGS
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance should appear near 8667 to 8682 and 8762 to 8777
FEB HOGS
Support should appear near 8872 to 8857 and 8777 to 8762
Resistance should appear near 8967 and 9042 to 9062
APRIL HOGS
Support should appear near 8956 to 8932 and 8872 to 8857
Resistance should appear near 9042 to 9062 and 9137 to 9157.
JUNE HOGS
Support should appear near 9447 to 9427.
Resistance should appear near the 9622 to 9642 region.
THE SATISFYING SOFTS
DEC COFFEE
Support should appear near 11360 to 11300 and the 11010 to 10960 region.
Resistance should appear near 11640 to 11690 and 11920 to 12030
DECEMBER COCOA
Resistance should appear near 2758 to 2775
Support should appear near the 2672 to 2663
MARCH SUGAR
Resistance is near the 1902 to 1909 region.
Support should appear near 1865 to 1858
DEC COTTON
Support should appear near 8134 to 8119
Resistance is at 8391 to 8406.
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 October 10, 2013
4:25 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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2013 All Rights Reserved
Sorry, the comment form is closed at this time.