Morning Investment and Day Trading Comments Monday April 28, 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
Sunday April 27, 2014 6:00 AM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,285.00 and the 16,150.00 to 16,090.00 Resistance at 16,420.00, beyond that a test of 16,550.00 is likely.
JUNE E-MINI SP500
Resistance is at 1865.00 and 1874.00.
Support should appear near the 1858.00 and 1840.00.
NASDAQ COMPOSITE
Resistance should appear at 4110.00 to 4120.00.
Support should appear near 4056.00 to 4046.00 and the 3992.00 to 3982.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 3503.00 to 3493.00 and the 3443.00 to 3425.00 region.. Resistance is at 3553.00 to 3563.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00
Support should appear near the 1115.50 and the 1101.00 to 1096.00 region.
JUNE 30 YR BONDS
Resistance should appear near 135-21 and 136-07 Support should appear near 134-21 and 134-07
JUNE 10 YR NOTE
Resistance should appear near 124-21 and 125-07
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7991 and the 8029 to 8044 region.
Support should appear near the 7959 to 7939 region JUNE JAPANESE YEN Resistance should appear near 9821 to 9837 Support should appear near 9737 to 9706.
JUNE EURO CURRENCY
Support should appear near 13830 to 13830 and 13770. Resistance should appear near 13910 and 13990
JUNE SWISS FRANC
Resistance should appear near 11430 and 11500
Support is near 11330 to 11300 and 11155. JUNE BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region.
Resistance remains near the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9060 then 9100 and 9140 to 9156 Support should appear near 9044 and 8964 to 8934
JUNE AUSSIE DOLLAR
Support should appear near 9160 to 9156. Resistance should appear near 9237 and the 9316 to 9347 region. Stay tuned for Forex Flashes.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0
Support should appear near the 1289 and the 1274.0 to 1268.0 region.
JULY COPPER Resistance should appear near 31020, a close over is friendly and augurs for a test of 31480 to 31570.
Support should appear near 30920 then 30730 and 30540 to 30360
JULY SILVER
Support should appear near 1953 to 1946 and 1909.0 to 1902.0
Resistance is at 1982.0 to 1996.0 and 2034 to 2042
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10104 to 10136, a close over is friendly and augurs for a test of 10228.
Support should appear near 10037 to 10021
JUNE BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010. Beyond that a test of 11300 to 11360 is likely.
Supportshould appear near 10815 and 10747.
JUNE HEATING OIL
Support should appear near should appear near 29720 and the 29370 to 29280. Resistance should appear 30360 to 30450. Beyond that a test of 30920 to 31020 is likely.
JUNE UNLEADED GAS
Support should appear 30130 and 29900 to 29720.
Resistance should appear near 30360 to 30450, beyond that a test of 30920 to 31020 is likely.
JULY NATURAL GAS
Resistance should appear 4775 to 4785 and 4845 to 4856.
Support should appear near the 4650 to 4639, below that 4582 to 4571 should hold.
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near the 1484 and 1471 ½. Resistance should appear near the 1512, beyond that a test of the 1529 to 1535 region is likely.
NOVEMBER SOYBEANS Support should appear near the 1238 to 1232.
Resistance should appear near the 1253. Beyond that a test of 1268 to 1274 is likely.
JULY SOYOIL Resistance should appear near 4370 to 4381. Beyond that a test of 4425 to 4446 is likely. Support should appear near 4304 and the 4249 to 4238 region. JULY SOYMEAL
Resistance should appear near 484.5 to 485.6, beyond that a test of 491.5 to 492.6 is likely.
Support should appear near 478.5 to 477.5 and 471.7 to 469.5
JULY CORN
Support should appear near 506 ¾ to 505 ¾ and 499 ½ to 497 ¼. Resistance should appear near 512 ¾ to 513 ¾, a close over is friendly and augurs for a test of 520 to 521 ¼ and beyond. Trade Accordingly
JULY WHEAT
Support should appear near 700 ¼ to 699 and 691 ¾ to 690 ¾
Resistance should appear near 732 ¾ to 734 ¾ Trade accordingly…
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13617 and 13527.
Resistance should appear near the 13770 to 13830 region.
AUGUST CATTLE Support should appear near 13537 and 13460 to 13340.
Resistance should appear near the 13770 to 13680 region.
JUNE HOGS
Support should appear near 12380 to 12320
Resistance should appear near 12680 to 12740
AUGUST HOGS
Support should appear near 12030 to 11920 which is likely to contain a decline. Resistance should appear near 12217 and 12317 to 12382
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 21700 to 21850, beyond that a test of 22190 to 22260 is likely
Support should appear near 20420 to 20340 and 19960 to 19820.
JULY COCOA
Resistance should appear near 2972 to 2900 and the 3036 to 3045 region. Beyond that a test of 3092 to 3102 is likely.
Support should appear near 2937 to 2928. BW Traders can buy at 2940 and hold for higher prices. BW Traders should go long if a close over 3047 occurs.
JULY SUGAR
Resistance is near 1808 to 1822 Support should appear near 1780 to 1774
JULY COTTON
Support should appear near 9316 then 9237 and the 9156 to 9140 region. Resistance is at 9347. Beyond that a test of 9429 to 9445 is likely. BW Traders should go long if a close over 9349 occurs. 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 27, 2014 9:00 AM South Florida Beach Time
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