Morning Investment and Day Trading Comments Monday July 21, 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
“ I made my money by selling too soon.” – Bernard Baruch
Sunday July 20, 2014
6:30 AM, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes and updates
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,960.00 to 16,890.00 and 16,720.00.
Resistance is at 17,135.00 and the 17,310.00 to 17,380.00 region.
DOW JONES TRANSPORTS
Support should appear near 8314.00 to 8300.00
Resistance is at 8484.00 to 8499.00
SEPTEMBER E-MINI SP500
Resistance is at 1982.00 to 1992.00.
Support should appear near 1953.00 to 1946.00.
Aggressive BW Traders should go short if a close under 1945.50 occurs.
NASDAQ COMPOSITE
Resistance should appear at 4503.00 to 4514.00.
Support should appear near 4381.00 to 4370.00 and 4315.00 to 4304.00.
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3867.00 to 3858.00
Resistance is at 3982.00 to 3992.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1150.00 and 1164.00 to 1169.00
Support should appear near 1136.00 to 1130.00 and 1101.00 to 1096.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 138-21 and 139-07
Support should appear near 137-22 and 137-09
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-21 and 126-06
Support should appear near 124-22 and 124-08
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029
SEPTEMBER JAPANESE YEN
Resistance should appear near 9921 to 9937 and 10021 to 10037.
Support should appear near 9837 to 9821.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region.
Resistance is at 13615 and 13690. BW Traders can sell at 13687 and hold for lower prices
SEPTEMBER SWISS FRANC
Resistance should appear near 11227 and 11300 to 11360
Support is near 11088 and the 11010 to 10960 region.
SEPTEMBER BRITISH POUND
Support should appear near 16960 to 16890.
Resistance should appear near the 17310 to 17380 region.
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9316 to 9347 and 9388
Support should appear near 9237 and 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9347 to 9316
Resistance should appear near 9429 to 9445.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1322.0 and 1334.0 to 1346.0
Support should appear near 1289.0 and 1274.0 to 1268.0
SEPTEMBER COPPER
Resistance should appear near 31940 to 32130 and 32610 to 32700
Support should appear near 31570 to 31480 and 31020 to 30920
SEPTEMBER SILVER
Support should appear near 2042 to 2034
Resistance is at 2126 to 2134
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 9837 to 9821
Resistance should appear near 10021 to 10037
SEPTEMBER BRENT CRUDE OIL
Resistanceshould appear near 10820 and 10960 to 11010
Supportshould appear near 10680 to 10580
SEPTEMBER HEATING OIL
Support should appear near should appear near 28290 to 28200
Resistance should appear 28740 to 28830
SEPTEMBER UNLEADED GAS
Support should appear 27750 to 27580
Resistance should appear near 28730 to 28830
SEPTEMBER NATURAL GAS
Resistance should appear 4.046 to 4.056 and 4.110 to 4.120
Support should appear near 3.867 to 3.858 and 3.682 to 3.663
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1169 to 1164
Resistance should appear near 1192 to 1203
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058 and 1036 to 1032
Resistance should appear near 1092 to 1101 and 1115
AUGUST SOYOIL
Support should appear near 3563 to 3553
Resistance should appear near 3663 to 3682
AUGUST SOYMEAL
Resistance should appear near 385.8 to 386.7 and 390.9 to 392.9
Support should appear near 368.2 to 366.3 and 362.3 to 361.3
DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362.3
Support should appear near 338.6 to 337.7
SEPTEMBER CORN
Support should appear near 368 ¼ to 366 ¼ and 344 ¼ to 342 ½
Resistance should appear near 373 ½ to 374 ¼ and 379 ½ to 380 ¾
SEPTEMBER WHEAT
Support should appear near 521 ¼ to 520 and 513 ¾ to 512 ½.
Resistance should appear near 541 ¾ to 543 and 549 ¼ to 550 ½
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 15132 and 14960 to 14840
Resistance should appear near 15290 to 15350
OCTOBER CATTLE
Support should appear near 15350 to 15290 and 15122
Resistance should appear near 15517 and 15690 to 15760
AUGUST HOGS
Support should appear near 12680 and 12537
Resistance should appear near 12890 and 13040 to 13100
OCTOBER HOGS
Support should appear near 11300 then 11227 and 11157
Resistance should appear near 11500 and 11640 to 11690
DECEMBER HOGS
Support should appear near 10322 and 10187
Resistance should appear near 10407 and 10470
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17740 to 17800.
Support should appear near 16960 to 16890
SEPTEMBER COCOA
Resistance should appear near 3092 to 3102 and 3148 to 3157
Support should appear near 3045 to 3036 and 2990 to 2972
OCTOBER SUGAR
Resistance is near the 1731 to 1738, beyond that a test of 1774 to 1783 is likely.
Support should appear near 1696 to 1689 and 1655 to 1642
DECEMBER COTTON
Support should appear near 6755 to 6743 and 6673 to 6659
Resistance is at 6990 to 7003 and 7074 to 70988
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 July 20, 2014 8:00 AM 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 – 2014 All Rights