FuturesCom Morning Investment Comments Monday November 12, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial-2
Sunday November 11, 2012
6:00 AM South Florida Beach Time
“Accomplishments will prove to be a journey, not a destination.”
-Dwight D. Eisenhower-
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,740.00 to 12,680.00.
Resistance should appear near 12,890.00 and the 13,040.00 to 13100.00 region.
DECEMBER E-MINI SP500
Resistance should appear near 1377.00 to 1383.00 and 1399.00.
Support should appear near 1361.50 and the 1346.00 to 1334.00 region
NASDAQ COMPOSITE
Resistance should appear near 2928.00 to 2937.00 and 2952.
Support should appear near the 2883.00 to 2874.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 2568.00 to 2552.00 and 2519.00 to 2511.00
Resistance should appear near 2590 and the 2612.00 to 2620.00 region.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 795.40 then 802.90 to 804.40 and the 811.90 to 813.40 region.
Support should appear near 786.40 to 783.60 and the 777.70 to 776.30 region
DECEMBER 30 YR BOND
Resistance should appear near 151-21 then 152-07 and 152-21
Support should appear near 151-07 then 150-21 and 150-07
DECEMBER 10 YR NOTE
Resistance should appear near 134-07 then 134-21 and 135-07
Support should appear near 133-21 then 133-07 and 132-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134, A close over is friendly and augurs
for a test of 8194 to 8223.
Support should appear near 8081 and 8044 to 8029. BW Traders can buy at 8030 and hold for higher prices.
DECEMBER JAPANESE YEN
Resistance should appear near 12605 and the 12680 to 12740 region.
Support should appear near 12530 then 12457 and 12380 to 12320. .Aggressive BW traders should consider going short if a close under 12317 occurs. Stay tuned for flashes
DECEMBER EURO CURRENCY
Support should appear near 12680, failure there indicates a test of 12607 and 12530.
Resistance should appear near 12740 then 12815 and 12890. BW Traders can sell at 12887 and initially risk a close over 12967 for three days in a row.
DECEMBER SWISS FRANC
Resistance should appear near 10580 then10630 and 10680.
Support should appear near 10470 and the 10360 to 10320 region. Trade Accordingly
DECEMBER BRITISH POUND
Support should appear near the 15760 to 15690 region.
Resistance should appear near 15922 and 16017 region.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 10021 to 10037.
Support should appear near 9979 and 9937 to 9921.
DECEMBER AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10630
Support should appear near 10360 to 10320.
Trade accordingly and stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1731 to 1738.0 and 1756.0
Support is near 1713.50 and 1696.00 to 1689.00.
DECEMBER COPPER
Resistance should appear near 34930 to 35030 and 35530 to 35630
Support should appear near 34430 to 34250 and 33860 to 33770
DECEMBER SILVER
Resistance should appear near 3261 to 3270 and 3319 to 3328.
Support is at 3213 to 3194 and 3157 to 3148.
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Resistance should appear near 8667 to 8683 and the 8762 to 8777 region
Support should appear near 8589 to 8560 and 8499 to 8484
DECEMBER HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear near 30360 to 30450 and 30920 to 31020
DECEMBER UNLEADED GAS
Resistance should appear near 27160 to 27240 and 27580 to 27750
Support should appear near 26720 to 26630 and 26200 to 26120
Stay tuned for Flashes…
DECEMBER NATURAL GAS
Resistance should appear at 3613 to 3623 and 3663 to 3682.
Support should appear near 3493 and 3443 to 3425.
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1421 to 1415 and 1383 to 1377
Resistance should appear near 1453 to 1459 and 1484 to 1496.
DECEMBER SOYMEAL
Resistance should appear near 450.3 to 451.4 and 457.1 to 458.2
Support should appear near 444.6 to 442.5 and 438.1 to 437.0
DECEMBER SOYBEAN OIL
Resistance should appear near 4845 to 4856 and 4915 to 4926.
Support should appear near 4717 to 4695 and 4650 to 4639
DECEMBER CORN
Support should appear near 734 ¼ to 732 ¾. and 717 to 714 ¼
Resistance should appear near 741 ½ to 742 ¾ and 748 ¾ to 751 ¼
DECEMBER WHEAT
Resistance should appear near 904 ½ to 906 and 931 ¾ to 934 ¾
Support should appear near 877 ¾ to 876 ¼ and 868 ¼ to 866 ¾
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near the 12380 to 12320 region.
BW Traders can buy at 12387 and risk a close under 12307…
Resistance should appear near 12617 and 12677 to 12740
FEBRUARY CATTLE
Support should appear near 12892 and the12742 to 12677 region.
Resistance should appear near 13040 to 13100
DECEMBER HOGS
Support should appear near 8047 to 8027
Resistance should appear near 8117 to 8132
FEBRUARY HOGS
Resistance should appear near 8667 to 8682
Support should appear near 8592 to 8567
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 14960 to 14840.
Resistance should appear near 15290 to 15350.
DECEMBER COCOA
Resistance should appear near 2411 to 2419.
Support should appear near the 2322 to 2315.
MARCH SUGAR
Support is at 1865 to 1858
Resistance should appear near 1946 to 1953
DECEMBER COTTON
Support should appear near 6919 to 6906 and 6755 to 6743
Resistance is near 6990 to 7003 and 7074 to 7088
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 November 11, 2012
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 November 12-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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