If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of the ten thousand brothers or cousins of the original. The mistake family is so large that there is always one of them around… –Reminiscences of a Stock operator –
Morning Investment and Day Trading Comments Monday October 28, 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
Sunday October 27 2013
6:00 AM 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 15,530.00 and should hold under that buyers should appear near 15,350.00 to 15,290.00.
Resistance should appear near 15,690.00 to 15,760.00.
DEC E-MINI SP500
Nearby resistance should appear near 1756.00 and 1765.00. Above that a test of 1774.00 to 1780.00 is likely
Support should appear near 1747.00 and the 1738.00 to 1731.00 region
NASDAQ COMPOSITE
Resistance should appear near 3982.00 to 3992.00.
Support should appear near 3929.00 to 3909.00
DEC E-MINI NASDAQ 100
Support should appear near 3352.50 and the 3328.00 to 3319.00 region.
Resistance should appear near 3377.00 to 3386.00, beyond that a test of 3425.00 to 3443.00 is likely.
DEC E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00.
Support should appear near 1115.50 and the 1101.00 to 1096.00 region.
DEC 30 YR BOND
Resistance should appear near 135-21 and 136-07
Support should appear near 134-07 and 134-21
DEC 10 YR NOTE
Resistance should appear near 128-07 and 128-21
Support should appear near 127-07 and 126-21.
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 7939 to 7954
Nearby support should appear near 7864 to 7836
DEC JAPANESE YEN
Resistance should appear near 10320 to 10360.
Support should appear near 10237 to 10228 and 10185.
DEC EURO CURRENCY
Support should appear near 13770 and 13690.
Resistance should appear near 13830 and 13910
DEC SWISS FRANC
Resistance should appear near 11228 and 11300 to 11360.
BW Traders can sell at 11297 and hold for lower prices.
Support should appear near 11155 and 11010 to 10960.
DEC BRITISH POUND
Support should appear near 16150 to16090.
Resistance should appear near 16282 and the 16420 to 16550 region.
DEC CANADIAN DOLLAR
Resistance should appear near 9583 and 9625 to 9641
Support should appear near 9542 to 9526 and 9445 to 9429
DEC AUSSIE DOLLAR
Support should appear near the 9542 to 9526 and 9445 to 9429
Resistance should appear near 9581 and 9625 to 9641
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1362.0 and 1373.0 to 1382.0
Support is near 1346.00 to 1334.00.
DEC COPPER
Resistance should appear near 33190 to 33280
Support should appear near 32610 and 32130 to 31940
DECEMBER SILVER
Support should appear near 2226 to 2219.
Resistance is at 2315 to 2322.
THE EXCITING ENERGIES
DEC CRUDE OIL
Resistance should appear near 9821 to 9837, beyond that a test of 9921 to 9937 is likely
Support should appear near 9737 to 9706 and 9641 to 9625
DEC HEATING OIL
Support should appear near should appear near 28830 to 28740
Resistance should appear 29720 to 29900
DEC UNLEADED GAS
Support should appear near 25680 to 25520 and 25190 to 25110.
Resistance should appear near 26120 to 26200 and 26630 to 26720
DEC NATURAL GAS
Resistance should appear at 385.8 to 386.7 and 390.9 to 392.9
Support should appear near 380.6 to 379.5 and 374.3 to 372.4
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1289 and 1274 to 1268
Resistance should appear near 1304 to 1310, beyond that a test of 1322is likely
DEC SOYOIL
Resistance should appear near 4110 to 4120 and 4238 to 4249.
Support should appear near 4056 to 4046 and 3992 to 3982
DEC SOYMEAL
Resistance should appear near 430.4 to 431.5, beyond that a test of 437.0 to 438.1 is likely
Support should appear near 418.3 to 416.3 and 412.0 to 411.0
DEC CORN
Support should appear near and 438 ¼ to 437.
Resistance should appear near 457 ¼ to 458 ¼.
DEC WHEAT
Resistance remains near 699 to 700 ¼ and 707 ½ to 708 ¾.
Support should appear near support should appear near 690 ¾ then 683 ¾ to 680 ¾ and
675 ¾ to 674 ½.
THE LIVELY LIVESTOCK
DEC CATTLE
Support should appear near 13222 and 13100 to 13040.
Resistance should appear near 13340 to 13460.
FEB CATTLE
Support should appear near 13340 and 13227
Resistance should appear near 13462 and 13530
DEC HOGS
Support should appear near 9007 and 8962 to 8932
Resistance should appear near 9137 to 9157 region.
FEB HOGS
Support should appear near 9232 and 9157 to 9142
Resistance should appear near 9317 to 9347 and 9427 to 9447
APRIL HOGS
Support should appear near 9347 to 9342.
Resistance should appear near 9427 to 9447
JUNE HOGS
Support should appear near 9927 to 9922 and 9837 to 9822.
Resistance should appear near 10022 to 10037 and 10102 to 10137
THE SATISFYING SOFTS
DEC COFFEE
Support should appear near the 10680 to 10580
Resistance should appear near 11640 to 11690
DECEMBER COCOA
Resistance should appear near 2716 to 2724 then 2758 to 2775 and 2820 to 2829
Support should appear near the 2672 to 2663 and the 2620 to 2612 region.
MARCH SUGAR
Resistance is near 1909 and 1946 to 1953
Support should appear near the 1865 to 1858. BW Traders can buy at 1867 and risk a close under 1851 for three days in a row. Below that buyers should appear near 1822 to 1808.
DEC COTTON
Support should appear near 7777 to 7763
Resistance is at 8119 to 8134.
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 October 27, 2013 9:00 AM South Florida Beach Time
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