Morning Investment and Day Trading Comments Friday October 18, 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
Thursday October 17, 2013
5:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290.00
Resistance should appear near the 15,690.00 to 15,760.00 region.
DEC E-MINI SP500
Resistance should appear near 1731.00 to 1738.00. Beyond that a test of 1756.0 and the 1774.00 to 1780.00 region is likely.
Support should appear near 1722.00 then 1713.00 and the 1696.00 to 1689.00 region.
NASDAQ COMPOSITE
Support should appear near 3858.00 then 3832.00 and 3806.00 to 3795.00
Resistance should appear near 3867.00 and 3909.00 to 3929.00
DEC E-MINI NASDAQ 100
Support should appear near 3294.50 and 3270.00 to 3261.00
Resistance should appear near 3319.00 to 3328.00 and 3377.00 to 3386.00
DEC E-MINI RUSSELL 2000
Resistance should appear at 1115.50 and 1130.00 to 1136.00
Support should appear near 1096.00 and 1082.00
DEC 30 YR BOND
Resistance should appear near 134-21 and 135-07
Support should appear near 133-21 and 133-07
DEC 10 YR NOTE
Resistance should appear near 127-21 and 128-07
Support should appear near 126-21 and 126-07
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939
DEC JAPANESE YEN
Resistance should appear near 10320 to 10360
Support should appear near 10185 and 10136 to 10104
DEC EURO CURRENCY
Support should appear near 13615 and 13537.
Resistance should appear near 13770 to 13830
DEC SWISS FRANC
Resistance should appear near 11155 and 11300 to 11360
Support should appear near 11010 to 10960
DEC BRITISH POUND
Support should appear near 16090 and 15927.
Resistance should appear near 16420 to 16550
DEC CANADIAN DOLLAR
Resistance should appear near 9706 to 9737
Support should appear near 9641 to 9625
DEC AUSSIE DOLLAR
Support should appear near 9542 to 9526
Resistance should appear near 9706 to 9737
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1334.0 to 1346 and 1361.5
Support is near 1321.5 and 1310 to 1304
DEC COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860
Support should appear near 32700 to 32610 and 32130 to 31940
DECEMBER SILVER
Support should appear near 2185 to 2170 and 2134 to 2126
Resistance at 2219 to 2226 and 2267 to 2274
THE EXCITING ENERGIES
DEC CRUDE OIL
Resistance should appear near 10104 to 10136 and 10185
Support should appear near 9937 to 9921 and 9837 to 9821
DEC HEATING OIL
Support should appear near should appear near 29370 to 29280
Resistance should appear 30360 to 30450
DEC UNLEADED GAS
Support should appear near 25680 to 25520
Resistance should appear near 26630 to 26720
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 1281and 1274 to 1268
Resistance should appear near 1289 and 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 416.3 to 418.3.
Support should appear near 412.0 to 411.0 and 405.6 to 404.6
DEC CORN
Support should appear near and 442 ½ and 438 ¼ to 437
Resistance should appear near 450 ¼ to 451 ½ and 457 ¼ to 458 ¼
DEC WHEAT
Resistance should appear near 690 ¾ to 691 ¾ and 699 to 700 ¼.
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 13217 and 13340 to 13460.
FEB CATTLE
Support should appear near 13220 and 13100 to 13040
Resistance should appear near 13400 to 13460
DEC HOGS
Support should appear near 8872 to 8857 and 8777 to 8762
Resistance should appear near 8932 to 8962 and 9042 to 9062
FEB HOGS
Support should appear near 9062 to 9042 and 8967 to 8932
Resistance should appear near 9137 to 9157
APRIL HOGS
Support should appear near 8967 to 8932
Resistance should appear near 9137 to 9157.
JUNE HOGS
Support should appear near 9542 to 9527 and 9447 to 9427
Resistance should appear near 9622 to 9642 and 9707 to 9737
THE SATISFYING SOFTS
DEC COFFEE
Support should appear near 11360 to 11300.
Resistance should appear near 11640 to 11690
DECEMBER COCOA
Resistance should appear near 2775 and 2820 to 2829
Support should appear near 2724 to 2716 and 2672 to 2663
MARCH SUGAR
Resistance is near the 1902 to 1909 and 1946 to 1953 region.
Support should appear near 1865 to 1858 and 1822 to 1808.
DEC COTTON
Support should appear near 8223 to 8194 and 8134 to 8119
Resistance is at 8391 to 8406 and 8484 to 8499
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 17, 2013
6:00 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