FuturesCom Morning Investment Comments Monday March 04, 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
“A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Sunday March 03, 2013
5:00 AM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,990.00 and the 13,830.00 to 13,770.00
Resistance remains near the 14,150.00 to 14,210.00 region
MARCH E-MINI SP500
Resistance should appear 1529.00 to 1535.00
Support should appear near 1512.50 and the 1496.00 to 1484.00 region
NASDAQ COMPOSITE
Resistance should appear near the 3194.00 to 3213.00 region.
Support should appear near 3157.00 to 3148.00 and the 3102.00 to 3092.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 2741.00 and the 2724.00 to 2716.00 region.
Resistance should appear near 2758.00 to 2775.00 and 2797.50
MARCH E-MINI RUSSELL 2000
Resistance should appear near 915.60 region and 923.70.
Support should appear near 914.00 then 910.00 and the 906.00 to 904.40 region.
JUNE 30 YR BOND
Resistance should appear near 144-21. Beyond that sellers should appear near 145-07 and cap a rally.
Support should appear near 144-07 and 143-21.
JUNE 10 YR NOTE
Resistance should appear near 132-07 and 132-21 should cap a rally.
Support should appear near 131-21 and 131-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near 8223 to 8194 and 8164.
MARCH JAPANESE YEN
Resistance should appear near 10750 and 10820.
Support should appear near the 10680 to 10580 region.
MARCH EURO CURRENCY
Support should appear near 12967 and 12820.
Resistance should appear near 13040 to13100.
Trade according and pick your poison.
MARCH SWISS FRANC
Resistance should appear near 10630 to10680.
Support should appear near 10580 an extended trade or close under is negative and augurs for a test of 10525 and eventually 10470.
MARCH BRITISH POUND
Support should appear near the 14960 to 14840 region…
Resistance should appear near 15125 and 15290 to 15350.
MARCH CANADIAN DOLLAR
Resistance should appear near 9737 and 9779.
Support should appear near 9706 and 9641 to 9425.
MARCH AUSSIE DOLLAR
Resistance should appear near 10237 and the 10320 to 10360 region.
Support should appear near the 10136 to 10104 region.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1576 and 1592.5.Beyond that sellers should appear near 1609 to 1615
Support is near 1569, below that a test of 1552 and the 1535 to 1529 region is likely.
MAY COPPER
Resistance should appear near 35530 to 35630 and the 36130 to 36230 region.
Support should appear near 34930 and the 34430 to 34250 region, BW Traders can buy at 34450 for a bounce and hold for higher prices.
MAY SILVER
Resistance should appear near 2874 to 2883 and the 2928 to 2937 region.
Support is at 2829 to 2820 and the 2775 to 2758 region. .
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 9060 to 9044 and 8964 to 8934
Resistance should appear near 9140 to 9156 and the 9316 to 9347 region.
APRIL HEATING OIL
Support should appear near 29280 and 28830 to 28740.
Resistance should appear near 29720 to 29900 and 30360 to 30450
APRIL UNLEADED GAS
Support should appear near 31020 to 30920 and 30450 to 30360 region
Resistance should appear 31480 to 31570 and the 31940 to 32130 region.
APRIL NATURAL GAS
Resistance should appear at 3493 to 3503 region.
Support should appear near 3328 to 3319
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1437 ½ and the 1421 to 1415 region. Below that buyers should appear near the 1383 to 1374 region. BW Traders can buy at 1387 for a bounce and risk a close under 1373 for three days in a row.
Resistance should appear near 1453 to 1459, a close over is friendly and augurs for a test of the 1484 to 1496 region.
MAY SOYOIL
Resistance should appear near 4973 to 4995 beyond that a test of 5056 to 5067 is likely
Support should appear near the 4926 to 4915 and the 4856 to 4845 region.
MAY SOYMEAL
Resistance should appear near 430.4 to 431.6 and 437.0 to 438.1
Support should appear near 424.9 to 423.8 and the 418.3 to 416.3 region
MAY CORN
Support should appear 700 ¼ to 699 and 691 ¾ to 690 ¾.
Resistance should appear near 714 ½ to 717 and the 724 ¼ to 725 ½ region.
MAY WHEAT
Resistance should appear near 732 ¾ to 734 ¼
Support should appear near 717 to 714 ½ and the 708 ¾ to 707 ½ region which should contain a decline… Trade Accordingly and Stay Tuned for Grain Flashes
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 12892 and the 12740 to 12680 region.
Resistance should appear 126967 and the 13040 to 13100 region.
A close over is friendly and augurs for a test of the 13340 to 13460 region. .
JUNE CATTLE
Support should appear near the 12467 and the 12380 to 12320 region. .
Resistance should appear near 12532 and the 12680 to 12740 region.
APRIL HOGS
Support should appear near 8047 to 8027.
Resistance should appear near 8197 to 8222.
JUNE HOGS
Support should appear near 9100 and 9062 to 9042
Resistance should appear near 9140 to 9157, an extended trade over is friendly and augurs for a test of 9237 and eventually the 9317 to 9347 region. Stay Tuned for Flashes and updates in Livestock.
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 14210 to 14150.
Resistance should appear near 14530 to 14590.
MAY COCOA
Resistance should appear near 2126 to 2134 and 2219 to 2226.
Support should appear near 2080 and 2042 to 2034
MAY SUGAR
Resistance is near 1858 to 1865 and the 1902 to 1909 region.
Support should appear near 1780 to 1774 and 1738 to 1731
MAY COTTON
Support should appear near 8499 to 8484 and 8406 to 8391.
Resistance is near 8560 to 8589 and the 8668 to 8683 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 March 03, 2013
7:30 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.
FuturesCom Morning Futures Comments Monday March 04, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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