FuturesCom Morning Investment Comments Thursday December 06, 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
“There is only one side of the market and it is not the bull side or the bear side, but the right side.”
–Jesse Livermore–
Wednesday December 05, 2012
5:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance remains near the 13,040.00 to 13,100.00 region .Beyond that sellers should appear near the 13,220.00 and cap a rally.
DECEMBER E-MINI SP500
Resistance remains near the 1415.00 to 1421.00 region. Beyond that sellers should appear near 1437.00
Support should appear near 1399.00 and the 1383.00 to 1374.00 region, which should contain a decline.
NASDAQ COMPOSITE
Resistance should appear near 2990.00 and the 3036.00 to 3045.00 region.
Support should appear near 2972.00 , a close under is negative and augurs for a test of 2938.00 to 2937.00.
DECEMBER E-MINI NASDAQ 100
Support should appear near 2620.00 to 2612.00 region.
Resistance should appear near 2641.50 and the 2663.00 to 2672 region.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40.
Support should appear near 813.40 to 811.90.
MARCH 30 YR BOND
Resistance should appear near 150-21 and 151-07.
Support should appear near 149-21 and 149-07.
MARCH 10 YR NOTE
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-07 and 132-21.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near the 7954 to 7939 region.
BW Traders can buy at 7957 and hold for higher prices.
MARCH JAPANESE YEN
Resistance should appear near 12175 and the 12320 to 12380.
Support should appear near the 12030 to 11920 region.
Stay tuned for flashes
MARCH EURO CURRENCY
Support should appear near 13040 and 12965
Resistance should appear near 13090 and 13155
MARCH SWISS FRANC
Resistance should appear near 10890 and the 10960 to 11010 region.
Support should appear near 10750 below that a test of 10680 to 10580 is likely.
MARCH BRITISH POUND
Support should appear near 16090 then16017 and 15922.
Resistance should appear near 16120 to 16150.
MARCH CANADIAN DOLLAR
Resistance remains near 10104 to 10136.
Support should appear near 10037 to 10021
MARCH AUSSIE DOLLAR
Resistance should appear near 10415 and 10470
Support should appear near 10360 to 10320
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1713.5 and 1731.0 to 1738.0.
Support is near 1696.0 to 1689.0 and 1672.0
MARCH COPPER
Resistance should appear near the 37340 to 37450 region.
Support should appear near 36230 to 36130.
MARCH SILVER
Resistance should appear near the 3319 to 3328 and the 3377 to 3386 region. .
Support is at 3270 to 3261 and 3213 to 3194
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8856 to 8871 and the 8934 to 8964 region.
Support should appear near 8777 to 8762 and 8683 to 8668
JANUARY HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280. BW Traders can buy at 29400 for a bounce and hold for higher prices.
Resistance should appear near the 30360 to 30450 and 30920 to 31020
JANUARY UNLEADED GAS
Resistance should appear near 26630 to 26720 and 27160 to 27240.
Support should appear near 26200 to 26120 and 25680 to 25520
Stay tuned for Energy Flashes
JANUARY NATURAL GAS
Resistance should appear at 3795 to 3806
Support should appear near 3623 to 3613
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1459 to 1453
Resistance should appear near the 1484 to 1496 region.
JANUARY SOYOIL
Resistance should appear near 5127 to 5139 and 5200 to 5211
Support should appear near 5067 to 5056 and 4995 to 4973
JANUARY SOYMEAL
Resistance should appear near 450.30 to 451.40 and 457.1 to 458.2
Support should appear near 444.6 to 442.5 and 438.1 to 437.0.
MARCH CORN
Support should appear near 751 ¾ to 748 ¾ and the 742 ¾ to 741 ½ region.
Resistance should appear near 758 ¾ to 760 ¼ and the 776 ¾ to 777 ¾ region.
MARCH WHEAT
Resistance should appear near 866 ¼ to 868 ¾ and 876 ½ to 877 ¾
Support should appear near 858 ¾ to 856 and the 849 ¾ to 848 ½ region.
Stay Tuned for Grain Flashes
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13040 then12957 and 12892
Resistance should appear near 13100 and 13157
APRIL CATTLE
Support should appear near 13400 to 13340
Resistance should appear near 13557 and 13607
FEBRUARY HOGS
Resistance should appear near 8562 to 8587 and 8662 to 8687.
Support should appear near 8502 to 8497 and 8407 to 8392
APRIL HOGS
Support should appear near 8967 to 8937 and 8872 to 8867
Resistance should appear 9037 to 9062 and 9100
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and the 14210 to 14150 region.
Resistance should appear near 14960 and 15290 to 15350.
MARCH COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519
Support should appear near 2419 to 2411 and 2370 to 2354
MARCH SUGAR
Support is at 1909 to 1902 and the 1865 to 1858 region.
Resistance should appear near 1982 to 1996 and 2034 to 2042.
BW Traders can sell at 2032 and risk a close over 2091 for three days in a row.
MARCH COTTON
Support should appear near 7255 to 7242 and 7170 to 7143.
Resistance is near 7328 to 7342 and 7414 to 7428
.
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
Wednesday December 5, 2012
6:45 PM South Florida Beach Time
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FuturesCom Morning Futures Comments Thursday December 06 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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