Morning Investment and Day Trading Comments Monday January 06, 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
“Perfection is not attainable, but if we chase perfection we can catch excellence.”
— Vince Lombardi —
Sunday January 05, 2014
8:00 AM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,420.00 and 16,285.00.
Resistance is at 16,550.00 then 16,635.00 and 16,720.00.
MARCH E-MINI SP500
Resistance should appear near 1840.00 and the 1858.00 to 1865.00 region.
Support should appear near the 1822.00 to 1808.00 region and 1794.00
NASDAQ COMPOSITE
Resistance should appear near 4141.50 and 4163.00 to 4183.00.
Support should appear near the 4120.00 to 4110.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near the 3503.00 to 3493.00 region.
BW Traders can buy at 3504.00 and hold for higher prices.
Resistance is at the 3553.00 to 3563.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear at the 1164.00 to 1169.00 region.
Support should appear near the 1150.00 and 1136.00 to 1130.00 region.
MARCH 30 YR BOND
Resistance should appear near 129-07 and 129-21
Support should appear near 128-07 and 127-21
MARCH 10 YR NOTE
Resistance should appear near 123-21 and 124-07
Support should appear near 122-21and 122-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029
MARCH JAPANESE YEN
Resistance should appear near 9583 and 9625 to 9641
BW Traders can sell at 9624 and hold for lower prices.
Support should appear near 9526 and the 9445 to 9429 region.
MARCH EURO CURRENCY
Support should appear near 13460 to 13340
Resistance should appear near 13690 and 13770 to 13830.
MARCH SWISS FRANC
Resistance should appear near 11087 and 11155 and 11300 to 11360
Support is near the 11010 to 10960 region
MARCH BRITISH POUND
Support should appear near 16357 and 16285. BW Traders can buy at 16357 for a bounce and risk a close under 16277 for three days in a row.
Resistance should appear near 16420 to 16550
MARCH CANADIAN DOLLAR
Resistance should appear near the 9429 to 9445 region.
Support should appear near 9347 to 9316.
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762.
Resistance should appear near 8934 to 8964 and 9044 to 9060
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1253.0 and 1268 to 1274
Support should appear near 1236.0 to 1232.0 and 1217.5
MARCH COPPER
Resistance should appear near 34250 to 34430 and the 34930 to 35030 region.
Support should appear near 33280 to 33190 and 32700 to 32610.
BW Traders can buy at 32720 and hold for higher prices.
MARCH SILVER
Support should appear near 1996 to 1982 then1953 to 1946 and 1909 to 1902
Resistance is at 2034 to 2042 then 2080 to 2089 and 2126 to 2134
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9429 to 9445 and 9526 to 9542
Support should appear near 9347 to 9316, below that a test of 9156 to 9140 is likely.
FEBRUARY BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10580
FEBRUARY HEATING OIL
Support should appear near should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear 29720 to 29900 and 30360 to 30450
FEBRUARY UNLEADED GAS
Support should appear near 26200 to 26120 and the 25680 to 25520 region.
Resistance should appear near 26630 to 26720 and 27160 to 27240
FEBRUARY NATURAL GAS
Resistance should appear at 4370 to 4381
Support should appear near 4249 to 4238.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1268 and 1238 to 1232.
Resistance should appear near 1274 then 1289 and 1304 to 1310.
MARCH SOYOIL
Resistance should appear near 3909 to 3929 and 3982 to 3992.
Support should appear near 3858 and the 3806 to 3795 region.
MARCH SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 418.3.
Support should appear near 405.6 to 404.6 and 399.2 to 398.2
MARCH CORN
Support should appear near and 418 ¼ to 416 ¼ and 412 to 411
Resistance should appear near 423 ¾ to 425 and 430 ½ to 431 ½.
MARCH WHEAT
Resistance should appear near 610 to 611 ½ and 616 ½ to 619.
Support should appear near 588 to 585 ½ and 572 ¾ to 571 ¾
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13460 to 13340.
Resistance should appear near13770 to 13820
APRIL CATTLE
Support should appear near the 13617 and 13537.
Resistance should appear near 13770 to 13830
FEB HOGS
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance should appear near 8762 to 8777 and 8852 to 8872
APRIL HOGS
Support should appear near 9137 and 9062 to 9042
Resistance should appear near 9237 and 9317 to 9347
JUNE HOGS
Support should appear near 10037 to 10022 and 9937 to 9922
Resistance should appear near 10102 to 10137 then 10187 and 10317 to 10362
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11500 and 11360 to 11300.
Resistance should appear 11640 to 11690 and the 11920 to 12030 region.
MARCH COCOA
Resistance should appear near 2716 to 2724 and 2758 to 2775
Support should appear near 2672 to 2663 and 2620 to 2612
MARCH SUGAR
Resistance is near 1609 to 1615 and 1642 to1655
Support should appear near 1576 to 1569 and 1535 to 1529
MARCH COTTON
Support should appear near 8223 to 8194 and 8134 to 8119
BW Traders can buy at 8225 for a bounce and hold for higher prices.
Resistance is at 8300 to 8314 and the 8391 to 8406 region.
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 January 05, 2014 11:30 AM South Florida Beach Time
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