Morning Investment and Day Trading Comments Monday April 14, 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
“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 —
Sunday April 13, 2014
11:00 AM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,990.00, below that 15,760.00 to 15,890.00 should hold.
Resistance is at 16,090.00 to 16,150.00, beyond that sellers should appear near 16,285.00 and cap a rally.
JUNE E-MINI SP500
Resistance is at 1822.00 and 1840.00.
Support should appear 1808.00, below that buyers should appear near 1794.00 below that support should appear near 1780.00 to 1774.00 and contain the decline.
NASDAQ COMPOSITE
Resistance should appear at 4046.00 to 4056.00.
Support should appear near 3992.00 to 3982.00 and 3909.00 to 3929.00
JUNE E-MINI NASDAQ 100
Support remains near the 3443.00 to 3425.00 region. Below that buyers should appear near 3386.00 to 3377.00
Resistance is at 3493.00 to 3503.00 and the 3553.00 to 3563.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00.
Support should appear near 1101.00 to 1092.00
JUNE 30 YR BONDS
Resistance should appear near 135-07 and 135-21
Support should appear near 134-21 and 134-7
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 8029 to 8044
Support should appear near 7954 to 7939 and 7864 to 7836
JUNE JAPANESE YEN
Resistance should appear near 9879, beyond that a test of the 9921 to 9937 region is likely.
Support should appear near 9837 to 9821 and 9779.
JUNE EURO CURRENCY
Support should appear near 13830 to 13770
Resistance should appear near 13990 and 14150 to 14210
JUNE SWISS FRANC
Resistance should appear near 11500 and 11640 to 11690
Support is near 11360 to 11300
JUNE BRITISH POUND
Support should appear near 16720 then 16637 and the 16550 to 16420 region.
Resistance should appear near the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9140 to 9156 and 9237
Support should appear near 9100 and 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9347 to 9316 and 9237.
Resistance should appear near 9388 and 9429 to 9445
Stay tuned for Forex Flashes.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1321 and the 1334.0 to 1346.0 region.
Support should appear near 1310 to 1304.0.
MAY COPPER
Resistance should appear near 30450, a close over is friendly and augurs for a test of 30920 to 31020.
Support should appear near 30360 and 29900 to 29720.
MAY SILVER
Support should appear near 1953 to 1946 and 1909 to 1902
Resistance is at 2034 to 2042 and 2060 to 2089
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10415, beyond that a test of 10470 and 10580 to 10680 is likely.
Support should appear near 10360 to 10320
JUNE CRUDE OIL
Resistance should appear near 10320 to 10360
Support should appear near 10227 and 10187
JUNE BRENT CRUDE OIL
Resistance should appear near 10815 and 10960 to 11010
Support should appear near 10680 to 10630 and 10580
MAY HEATING OIL
Support should appear near should appear near 29280 and 28830 to 28740.
Resistance should appear 29555 and the 29720 to 29900 region.
MAY UNLEADED GAS
Support should appear near should appear near 29900 to 29720 and 29545.
Resistance should 30360 to 30450 is likely.
MAY NATURAL GAS
Resistance should appear at 4695 to 4717 and 4775 to 4785
Support should appear near 4582 to 4571 and 4514 to 4503
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near the 1459 to 1453 region.
Resistance should appear near 1471 ½ and the 1484 to 1496 region.
JULY SOYBEANS
Support should appear near 1437 and the 1421 to 1415 region which should hold.
Resistance should appear near 1453 to 1459, beyond that a test of 1471 ½ is likely
NOVEMBER SOYBEANS
Support should appear near 1203 to 1192 and should hold.
Resistance should appear near 1232 to 1238.
JULY SOYOIL
Resistance should appear near 4238 to 4249 and 4304 to 4315
Support should appear near 4183 to 4163 and 4120 to 4110
JULY SOYMEAL
Resistance should appear near 463.9 to 465.0 and 469.6 to 471.7
Support should appear near 458.2 to 457.1, which should hold.
Trade Accordingly
JULY CORN
Support should appear near 499 ½ to 497 ¼ and 492 ¾ to 491 ¾
Resistance should appear near 505 ¾ to 506 ¾ and 512 ¾ to 513 ¾
JULY WHEAT
Resistance should appear near 674 ¾ to 675 ½
Support should appear 659 ¼ to 657 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13617 and 13537
Resistance should appear near 13687, beyond that a test of the 13770 to 13830 region is likely.
AUGUST CATTLE
Support should appear near 13237 and 13100 to 13040
Resistance should appear near 13340 to 13460.
JUNE HOGS
Support should appear near 13030 to 11920 and 11817
Resistance should appear near 12320 to 12380
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 2170 to 21850 and the 22190 to 22260 region.
Support should appear near 20340 and 19960 to 19820
JULY COCOA
Resistance should appear near 3036 to 3045, beyond that a test of 3092 to 3102 is likely.
Support should appear near 2990 to 2972 and 2937 to 2928.
BW Traders should go long if a close over 3047 occurs
JULY SUGAR
Resistance is near 1740 to 1780
Support should appear near 1738 to 1731
JULY COTTON
Support should appear near 9100 and 9060 to 9040
Resistance is at 9140 to 9156, beyond that a trade to 9316 to 9347 is likely.
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
Sunday April 13, 2014 3:35 PM South Florida Beach Time
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