Morning Investment and Day Trading Comments Monday March 31, 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
Courage in a Speculator is merely confidence to act on the decision of his mind
Sunday March 30, 2014
6:00 AM, South Florida Beach Time.
Stay tuned for BW flashes with updates and additional analysis for all markets later today.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,150.00 to 16090.00.
Resistance is at 16,420.00 to 16,550.00
JUNE E-MINI SP500
Resistance is at 1858.00 to 1865.00
Support should appear near 1840.00 and 1822.00 to 1808.00
BW Traders should go long if a close over 1865.25 occurs
NASDAQ COMPOSITE
Resistance should appear near 4163.00 to 4183.00 and 4238.00 to 4249.00
Support should appear near 4120.00 to 4110.00 then 4093.00 and the 4056.00 to 4046.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near the 3563.00 to 3553.00 and 3503.00 to 3493.00
Resistance is at 3613.00 to 3623.00 and 3663.00 to 3682.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1164.00 to 1169.00.
Support should appear near 1136.00 to 1130.00
JUNE 30 YR BONDS
Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 132-21.
JUNE 10 YR NOTE
Resistance should appear near 123-21 and 124-07
Support should appear near 123-07 and 122-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8044 and 8064
Support should appear near the 8029.00 and the 7954 to 7939 region
JUNE JAPANESE YEN
Resistance should appear near 9737 then 9779 and 9821 to 9837 Support should appear near 9706, an extended trade under is negative and augurs for a test of
9641 to 9625
JUNE EURO CURRENCY
Support should appear near 13615 and 13460 to 13430
Resistance should appear near 13770 to 13830
JUNE SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11555 and 11010 to 10960
JUNE BRITISH POUND
Support should appear near 16550 to 16420
Resistance remains near 16720 and the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9044 to 9060 and 9140 to 9156
Support should appear near 9004 and 8964 to 8934
JUNE AUSSIE DOLLAR
Support should appear near 9156 to 9140
Resistance should appear near 9316 to 9347
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0.
Support is near 1274.0 to 1268.0
MAY COPPER
Resistance should appear near 30360 to 30450 and 30920 to 31020
Support should appear near 30360 and 29900 to 29720.
MAY SILVER
Support should appear near 1953 to 1946 and the 1090 to 1902 region.
Resistance is at 1982 to1996 and 2034 to 2042
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10237 and 10320 to 10360
Support should appear near 10136 to 10104 and 10071
JUNE CRUDE OIL
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021
MAY BRENT CRUDE OIL
Resistance should appear near 10815 and 10960 to 11010
Support should appear near 10680 to 10630
MAY HEATING OIL
Support should appear near should 29370 to 29280 and 28830 to 28740
Resistance should appear 29720 to 29900 and 30360 to 30450
MAY UNLEADED GAS
Support should appear 29370 to 29280 and 28830 to 28740
Resistance should appear near 29720 to 29900
MAY NATURAL GAS
Resistance should appear at 4571 to 4582
Support should appear near 4381 to 4370
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near 1453 to 1459
JULY SOYBEANS
Support should appear near 1399 and 1383 to 1377.
Resistance should appear near 1415 to 1421 and 1437
NOVEMBER SOYBEANS
Support should appear near 1180 ½ and 1169 to 1164
Resistance should appear near 1292 to 1203 and 1232 to 1238
JULY SOYOIL
Resistance should appear near 4110 to 4120 and 4163 to 4183
Support should appear near 4056 to 4046 and 3992 to 3982
BW Traders can buy at 4057 for a bounce and hold for higher prices, initially risk a close under 3977 for three days in a row.
MAY SOYMEAL
Resistance should appear near 471.6 and 477.5 to 478.5
Support should appear near 465.0 to 463.9 and 458.2 to 457.1.
JULY CORN
Support should appear near 492 ¾ to 491 ½ and 485 ¾ to 484 ½
Resistance should appear near 505 ¾ to 506 ¾ and 512 ¾ to 513 ¾
MAY WHEAT
Resistance should appear near 707 ½ to 708 ¾ and 714 ¼ to 717.
Support should appear 683 ¾ to 680 ¾ and 667 ¼ to 665 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support remains near 14590 to 14530
Resistance should appear near 14840 to 14960
JUNE CATTLE
Support should appear near 13830 to 13770
Resistance should appear near 13917 and 13990
APRIL HOGS
Support should appear near 12527 and 12382 to 12322
Resistance should appear near 12680 to 12770 and 12887
JUNE HOGS
Support should appear near the 12740 to 12680
Resistance should appear near 13040 to 13100
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 18080 to 18220 and 18580 to 18650
Support should appear near 17800 to 17740 and 17380 to 17310.
MAY COCOA
Resistance should appear near 3036 to 3045, beyond that a test of 3092 to 3102 is likely
Support should appear near 2937 to 2928 and the 2883 to 2874 region.
BW Traders can buy at 2887 for a bounce and hold for higher prices.
MAY SUGAR
Resistance is near 1808 to 1822
Support should appear near 1737 to 1731.
MAY COTTON
Support should appear near 9347 to 9316 and 9156 to 9140
Resistance is at 9526 to 9542 and 9706 to 9727
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 30, 2014 7:55 AM South Florida Beach Time
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