Day Trading and Investment Comments Monday November 24, 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 November 21, 2014
12:00 Noon, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,740.00 then 17,560.00 and 17,380.00 to 17,310.00.
Resistance is at 17,940.00 and 18,080.00 to 18,220.00
DOW JONES TRANSPORTS
Support should appear near 9044.00 and 8964.00 to 8934.00
Resistance is at 9140.00 to 9156.00 and 9316.00 to 9347.00
DECEMBER E-MINI SP500
Resistance should appear near 2080.00 to 2089.00
Support should appear near 2042.00 to 2034.00
NASDAQ COMPOSITE
Resistance should appear at 4775.00 to 4785.00 and 4845.00 to 4856.00
Support should appear near 4650.00 to 4639.00 and 4582.00 to 4571.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00
Resistance is at 4304.00 to 4315.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1174.50 then 1180.50 and 1192.00
Support should appear near 1164.00 and 1136.00 to 1130.00
DECEMBER 30 YR BONDS
Resistance should appear near 142-22 and 143-12
Support should appear near 141-07 and 140-22
DECEMBER 10 YR NOTE
Resistance should appear near 127-07 and 127-21
Support should appear near 126-08 and 125-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8856 to 8871 and 8934
Support should appear near 8777 to 8762
DECEMBER JAPANESE YEN
Resistance should appear near 8560 to 8589 and 8668 to 8683
Support should appear near 8484 and 8406 to 8391
DECEMBER EURO CURRENCY
Support should appear near 12320 and 12150
Resistance should appear near 12445 and 12530.
DECEMBER SWISS FRANC
Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104
DECEMBER BRITISH POUND
Support should appear near 15607 and 15527.
Resistance should appear near 15690 to 15760
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8934 to 8964
Support should appear near 8871 to 8856
DECEMBER AUSSIE DOLLAR
Support should appear near 8589 to 8560 and 8499 to 8484
Resistance should appear near 8668 to 8683 and 8722.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1203.0 then 1217.5 and 1232.0 to 1238.0
Support should appear near 1192.0 then 1180.5 and 1169.0 to 1164.0.
MARCH COPPER
Resistance should appear near 30360 to 30450 and 30920 to 31020
Support should appear near 29900 to 29720 and 29370 to 29280.
MARCH SILVER
Support should appear near 1615 to 1609 and 1576 to 1569
Resistance is at 1655 and the 1689 to 1696 region.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Support should appear near 7601 to 7587 and 7428 to 7414
Resistance should appear near 7675 to 7689 and 7762 to 7777
FEBRUARY CRUDE OIL
Support should appear near 7601 to 7582 then 7513 to 7486 and 7342 to 7328
Resistance should appear near 7675 to 7689 then 7762 to 7777 and 7836 to 7864
BW Traders should go short if a close under 7582 occurs.
JANUARY BRENT CRUDE OIL
Resistance should appear near 8029 to 8044 and 8119 to 8134
Support should appear near 7954 to 7939 and the 7777 to 7762 region.
JANUARY HEATING OIL
Support should appear near 23540 then 23220 to 23150 and 22750 to 22670.
Resistance should appear 24110 to 24190 and 24610 to 24690
BW Traders can sell at 24605 and hold for lower prices.
JANUARY UNLEADED GAS
Support should appear 20340 and 19960 to 19820. Below that a test of 19090 to 19020 is likely
Resistance should appear near 20800 to 20890 and 21260 to 21340
JANUARY NATURAL GAS
Resistance should appear 4.503 to 4.514 and 4.571 to 4.582
Support should appear near 4.381 to 4.370 and 4.315 to 4.304
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1032 and 1013 ¾ to 1010 ½
Resistance should appear near 1047 and 1058 to 1068
JANUARY SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and 3377 to 3386.
BW Traders can sell at 3367 and risk 100 points
JANUARY SOYMEAL
Resistance should appear near 3.734 to 3.743 and 3.795 to 3.806
Support should appear near 362.2 to 361.3 and 350.3 to 349.3
MARCH CORN
Support should appear near 374 ¼ to 373 ¼ and 368 ¼ to 362 ¼
Resistance should appear near 385 ¾ to 386 ¾ and 390 ¾ to 392 ¾
MARCH WHEAT
Support should appear near and 543 to 541 ¾ and 535 ¾ to 534 ½
Resistance should appear near 555 ¼ to 557 ¾ and 564 to 565
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16960 to 16890.
Resistance should appear near 17310 to 17380
FEBRUARY CATTLE
Support should appear near 17122 and 16960 to 16890
Resistance should appear near 17310 to 17380
DECEMBER HOGS
Support should appear near 9042 then 8967 to 8932 and 8872 to 8857
BW Traders can buy at 8972 for a bounce and risk a close under 8932 for three days in a row,
Resistance should appear near 9100 and 9137 to 9147.
FEBRUARY HOGS
Support should appear near 8967 to 8932 and the 8872 to 8857 region.
Resistance should appear near 9100 and 9132 to 9157. Beyond that sellers should appear near
the 9312 to 9347 region. BW Traders can sell at 9227 and hold for lower prices.
APRIL HOGS
Support should appear near 9157 to 9137 and 9067 to 9042
Resistance should appear near 9317 to 9347 and 9427 to 9447
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 19460 to 19530 and 19820 to 19960
Support should appear near 19090 to 19020 then 18650 to 18580 and 18220 to 18080.
MARCH COCOA
Resistance should appear near 2820 to 2829 and 2874 to 2883
Support should appear near 2775 to 2758 and 2724 to 2716
MARCH SUGAR
Resistance is near 1615 and 1642 to 1655
Support should appear near 1576 to 1569 and 1535 to 1529
MARCH COTTON
Support should appear near 5805 to 5792 and 5729 to 5716.
Resistance is at 5945 to 5957 and 6023 to 6035
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 November 21, 2014 3:00 PM South Florida Beach Time
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