Morning Investment and Day Trading Comments Monday May 12, 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
Friday May 09, 2014 2:30 PM, South Florida Beach Time.
Stay tuned for Flashes and Updates in all markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,420.00, below that buyers should appear near the 16,150.00 to 16,090.00 region.
Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region.
JUNE E-MINI SP500
Resistance is at 1883.50 and the 1902.00 to 1909.00 region. BW Traders can sell at 1901.75 for a turn lower and risk a close over 1911 for three days in a row. Support should appear near 1865.00 to 1858.00, below that buyers should appear near the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4110.00 to 4120.00 and the 4163.00 to 4183.00 region.
Support should appear near 3992.00 to 3982.00 and 3920.00 to 3909.00
JUNE E-MINI NASDAQ 100
Support should appear near 3503.00 to 3493.00 and 3443.00 to 3425.00
Resistance is at 3553.00 to 3563.00 and 3613.00 to 3623.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1115.50, beyond that sellers should appear near 1130.00 to 1136.00.
Support should appear near 1101.00 to 1096.00 then 1082.00 and 1068.00 to 1058.00, which should hold.
JUNE 30 YR BONDS
Resistance should appear near 136-07 and 136-21. Support should appear near 135-07 and 134-21
JUNE 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-21 and 124-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939
JUNE JAPANESE YEN Resistance should appear near 9921 to 9937. Support should appear near 9821 and 9783
JUNE EURO CURRENCY
Support should appear near 13692 and 13617 Resistance should appear near 13770 to 13830
JUNE SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11227 and 11157
JUNE BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region
Resistance remains 16890 to 16960
JUNE CANADIAN DOLLAR
Resistance should appear near 9237 and 9316 to 9037 Support should appear near 9156 to 9140, below that a test of 9100 is likely.
JUNE AUSSIE DOLLAR
Support should appear near 9316 and 9239 Resistance should appear near 9347 and the 9429 to 9445 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1304.0 to 1310.0 region.
Support should appear near 1274.0 to 1268.00
JULY COPPER Resistance should appear near 30920 to 31020, beyond that a test of 31480 to 31570 is likely
Support should appear near 30450 to 30360 and the 29900 and 29720 region.
JULY SILVER
Support should appear near 1909.0 to 1902.0 and 1865 to 1858
Resistance is at 1982.0 to 1996.0 and 2034 to 2042.
THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 10021 to 10037
Support should appear near 9837 to 9821.
JULY BRENT CRUDE OIL Resistanceshould appear near 10747 and 10815 Supportshould appear near 10680 to 10580 and 10470
JUNE HEATING OIL
Support should appear near should appear near 28830 to 28740 and 28290 to 28200 Resistance should appear near 29280 to 29370 and 29370 and 29720 to 29900
JUNE UNLEADED GAS
Support should appear the 28830 to 28740 region.
Resistance should appear near 29720 to 29900.
JULY NATURAL GAS
Resistance should appear 4571 to 4582 and 4639 to 4650
Support should appear near 4446 to 4425 and 4381 to 4370
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1471 ½ and the 1459 to 1453 region.
Nearby resistance should appear near 1496, beyond that a test of 1512 ½ is likely
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region.
Resistance should appear near 1232 to 1238.
JULY SOYOIL Resistance should appear near 4163 to 4183 and 4238 to 4249. Support should appear near 4110 and the 4056 to 4046 region.
JULY SOYMEAL
Resistance should appear near 491.5 to 492.6, beyond that a test of 497.3 to 499.5 is likely
Support should appear near 485.6 to 484.5 and 478.5 to 477.5.
JULY CORN
Support should appear near 506 ¾ to 505 ¾ and 499 ½ to 497 ¾ Resistance should appear near 513 ¾ to 513 and 525 ¾ to 528 ¼
JULY WHEAT
Resistance should appear near 732 ¾ to 734 ¾ and 741 ½ to 742 ¾ Support should appear near 717 to 714 ¼ and 708 ¾ to 707 ½
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13830 to 13770 and 13692.
Resistance should appear near 13912 and 13987
AUGUST CATTLE Support should appear near 13830 to 13770
Resistance should appear near 13912 and 13987
JUNE HOGS
Support should appear near 12030 to 11920
Resistance should appear near 12102 and 12172
AUGUST HOGS
Support should appear near 12247 then 12177 and 12102. Resistance should appear near 12317 to 12382
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 18580 to 18560 and 19020 to 19090
Support should appear near 18220 to 18080 and 17800 to 17400
JULY COCOA
Resistance should appear near 2874 to 2883.
Support should appear near the 2829 to 2820.
JULY SUGAR
Resistance is near 1731 to 1738 Support should appear near 1696 to 1689
JULY COTTON
Support should appear near 9156 to 9140 Resistance is at 9316 to 9347
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
Friday May 09, 2014 3:45 PM South Florida Beach Time
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