X

Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Monday May 13-2013 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Monday May 13, 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

    “Accomplishments will prove to be a journey, not a destination” — Dwight D. Eisenhower —

Friday May 10, 2013

3:30 PM South Florida Beach Time

   

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,960.00 to 14,840.00.
Resistance should appear near 15,125.00 and the 15,290.00 to 15,350.00 region.

 

JUNE E-MINI SP500

Resistance should appear near the 1642.00 to 1655.00 region

Support should appear near 1628.50 and the 1615.00 to 1609.00.

NASDAQ COMPOSITE
Resistance should appear near 3443.00 and 3468.00
Support should appear near 3425.00 and the 3386.00 to 3377.00 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2955.00 and the 2937.00 to 2928 region.
Resistance should appear near 2990.00 and 3036.00 to 3045.00

 

 

 

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near 973.70 and 982.10 to 983.70
Support should appear near 964.10 to 962.50 and 954.20 to 952.60

JUNE 30 YR BOND
Resistance should appear near 145-21 and 146-07
Support should appear near 144-21 then 144-07 and 143-21
JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07.
Support should appear near 131-21 and 131-07

                                           

                                                                  THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX
Resistance should appear near 8352 and the 8391 to 8406 region
Support should appear near 8314 to 8300 and 8262

JUNE JAPANESE YEN
Resistance should appear near  9921 to 9937 and 10021 to 10037
Support should appear near 9837 to 9821 and 9737 to 9706

JUNE EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region

Resistance should appear near 13040 to 13100.

JUNE SWISS FRANC
Resistance should appear near 10470 then 10530 and 10580
Support should appear near 10360 to 10320 and 10136 to 10104

JUNE BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near 15525 and the 15690 to 15760 region,

BW Traders can sell at 15687 and risk a close over 15770 for three days in a row.

JUNE CANADIAN DOLLAR
Resistance should appear near 9921 to 9937 and 9979.
Support should appear near 9879 and 9837 to 9821.

JUNE AUSSIE DOLLAR
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near the 9937 to 9921and 9737 to 9706

 

 

 

 

            THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1453 to 1459 and 1471.5.
Support is near 1421 to 1415 and 1383 top 1377

JULY COPPER
Resistance should appear near 33860 and 34350 to 34430
Support should appear near 33280 to 33190 and 32700 to 32610

JULY SILVER
Resistance should appear near 2411 to 2419 and 2461 to 2469.
Support is at 2370 to 2354 and 2322 to 2315

THE EXCITING ENERGIES

 

JULY CRUDE OIL
Resistance should appear near 9706 to 9737 and 9821 to 9837

Support should appear near 9542 to 9526 and 9445 to 9429

 

JUNE HEATING OIL
Support should appear near 28830 to 28740 and 28290 to 28200.

Resistance should appear the 29720 to 29900 and the 30360 to 30450 region.
JUNE UNLEADED GAS
Support should appear near 28290 to 28200 and 27750 to 27580.

Resistance should appear near 28740 to 28830. Beyond that sellers should appear near

29280 to 29370 and cap a rally.

JUNE NATURAL GAS
Resistance should appear at 3982 to 3992 and 4046 to 4056.
Support should appear near 3867 to 3858 and 3806 to 3795

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1383 to 1377 and the 1346 to 1334 region.
Resistance should appear near 1415 to 1421 and 1437.

NOVEMBER SOYBEANS
Support should appear near 1203 to 1192, below that a trade towards 1169 to 1164 is likely.   Resistance should appear near 1232 to 1238 and the 1268 to 1274 region.
BW Traders can sell at 1229 and risk a close over 1241 for three days in a row.

JULY SOYOIL
Resistance should appear near 4973 to 4995 and 5056 to 5067
Support should appear near 4856 to 4845 and the 4785 to 4775 region.

JULY SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 418.3
Support should appear near 399.2 to 398.2 and 392.9 to 390.9…

 

JULY CORN
Support should appear 627 to 625 ¾ and 603 ½ to 602 ¾
Resistance should appear near 641 ¾ to 643 and 648 ¼ to 650 ¾  


JULY WHEAT

Resistance should appear near 707 ½ to 78 3/.4 and 714 ¼ to 717
Support should appear near 700 ¼ to 699 and the 691 ¾ to 690 ¾ region.

 

 

THE LIVELY LIVESTOCK

 


JUNE CATTLE
Support should appear near 11922 and 11807 and the 11690 to 11640 region,.
Resistance should appear near 12102 and 12175

JUNE HOGS

Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9100 and the 9137 to 9157 region

OCTOBER HOGS
Support should appear near 8047 to 8027 and 7957 to 7937
Resistance should appear near 8117 to 8137 and the 8192 to 8222 region.

 

 

 

 

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 14210 to 14150 and 13830 to 13770
Resistance should appear near 14530 to 14590 and 14840 to 14960

JULY COCOA
Resistance should appear near 2315 to 2322 and 2354 to 2370.

Support should appear near 2275 to 2267 and 2226 to 2219

JULY SUGAR
Resistance is near 1774 to 1780 and 1808 to 1822.

Support should appear near 1731 to 1738 and 1696 to 1689

 

JULY COTTON
Support should appear near 8589 to 8560 and 8314 to 8300
Resistance is near 8762 to 8777 and 8858 to 8871

 

 

                                    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 10, 2013
4:45 PM 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 May 13, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996-2013 All Rights Reserved

 

wmc: