Day Trading and Investment Comments Thursday December 11, 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
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk-” -Reminiscences of a Stock operator-
Wednesday December 10, 2014
12:00 Noon South Florida Beach Time
Traders should stay nimble and stay tuned flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near the 17,380.00 to 17,310.00 region.
Resistance is at 17,740.00 to 17,800.00
DOW JONES TRANSPORTS
Support should appear near 8777.00 to 8762.00 and the 8683.00 to 8668.00 region.
Resistance is at 8934.00 to 8964.00 and 9044.00 to 9060.00.
MARCH E-MINI SP500
Resistance should appear near 2034.00 to 2042.00
Support should appear near the 1996.00 to 1982.00 region.
BW Traders can buy at 1983 and risk 10 points
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
MARCH E-MINI NASDAQ 100
Support should appear near the 4183.00 to 4163.00 region.
Resistance is at 4274.00 and the 4304.00 to 4315.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00 and 1180.50
Support should appear near 1136.00 to 1130.00 and 1115.00
MARCH 30 YR BONDS
Resistance should appear near 144-07 and 144-22
Support should appear near 143-07 and 142-22
MARCH 10 YR NOTE
Resistance should appear near 127-06 and 127-17
Support should appear near 126-07 and 125-17
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8871 and 8904
Support should appear near 8817 and 8777 to 8762
MARCH JAPANESE YEN
Resistance should appear near 8484 to 8499 and the 8560 to 8589 region.
BW Traders can sell at 8557 and hold for lower prices.
Support should appear near 8406 to 8391 and the 8314 to 8300 region.
MARCH EURO CURRENCY
Support should appear near 12380 to 12320
Resistance should appear near 12527 and 12612
MARCH SWISS FRANC
Resistance should appear near 10360 and 10470
Support should appear near 10320 then 10247 and 10187
MARCH BRITISH POUND
Support should appear near 15617 then 15527 and 15350 to 15290
Resistance should appear near 15760 and 15842
MARCH CANADIAN DOLLAR
Resistance should appear near 8762 to 8777
BW Traders can sell at 8757 and risk a close over 88767 for three days in a row.
Support should appear near 8683 to 8668 and 8589 to 8560
MARCH AUSSIE DOLLAR
Support should appear near 8223 to 8194 and the 8134 to 8119 region
Resistance should appear near 8300 to 8314 and 8351
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1232.0 to 1238.0 then 1253.0 and 1268.0 to 1274.0
Support should appear near 1217.5 and 1203.0 to 1192.0
MARCH COPPER
Resistance should appear near 29280 to 29370 and 29720 to 29900
Support should appear near 28830 to 28740 and 28290 to 28200.
MARCH SILVER
Support should appear near 1696.0 to 1689.0 and 1655.0 to 1642.0
Resistance is at 1731.0 to 1738.0 and 1774.0 to 1780.0
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Support should appear near 6035 to 6023 then 5957 to 5945 and the 5880 to 5855 region.
Resistance should appear near 6165 to 6190 then 6257 to 6270 and the 6337 to 6350 region.
FEBRUARY CRUDE OIL
Support should appear near 6035 to 6023 and the 5880 to 5855 region.
Resistance should appear near 6165 to 6190 and 6337 to 6350
FEBRUARY BRENT CRUDE OIL
Support should appear near 6430 to 6417 and the 6350 to 6337 region
Resistance should appear near 6577 to 6591 and 6659 to 6673
FEBRUARY HEATING OIL
Support should appear near 19960 to 19820 and 19530 to 19460
Resistance should appear 20340 to 20420 and 20800 to 20890
FEBRUARY UNLEADED GAS
Support should appear 16550 to 16420 and the 16150 to 16090 region.
Resistance should appear near 16890 to 16960 and 17310 to 17380
FEBRUARY NATURAL GAS
Support should appear near 3.682 to 3.663 and 3.563 to 3.553
Resistance should appear near 3.795 to 3.806 and 3.858 to 3.867
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1018 ½ an 1013 ¾ to 1010 ¾
Resistance should appear near 1032 to 1036 and 1047
JANUARY SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3328
JANUARY SOYMEAL
Resistance should appear near 379.5 to 380.6
Support should appear near 362.3 to 361.3
MARCH CORN
Support should appear near 386 ¾ to 385 ¾ and 380 ¾ to 379 ½
Resistance should appear near 398 ¼ to 399 ¼ and 404 ¾ to 405 ¾
MARCH WHEAT
Support should appear near 572 ¾ to 571 ¾ and 565 to 564 ¼
Resistance should appear near 585 ½ to 588 and 594 ¾ to 595 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 16150 to 16090
Resistance should appear near 16417 to 16552
APRIL CATTLE
Support should appear near 16150 to 16090 and 15922
Resistance should appear near 16417 to 16557
FEBRUARY HOGS
Support should appear near 8407 to 8392 and 8317 to 8302
Resistance should appear near 8482 to 8502 and 8572 to 8592
APRIL HOGS
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance should appear near 8667 to 8682 and 8762 to 8777
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 18080 to 18220 and 18580 to 18650
Support should appear near 17740 then 17380 to 17310 and 16960 to 16890
MARCH COCOA
Resistance should appear near 2972 to 2990 and 3036 to 3045
Support should appear near 2883 to 2874 and 2829 to 2820
MARCH SUGAR
Resistance is near 1569 to 1575 and 1609 to 1615
Support should appear near 1496 to 1484 and 1459 to 1453.
MARCH COTTON
Support should appear near 5880 to 5855 and 5729 to 5716
Resistance is at 6023 to 6035 and 6101 to 6113
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 10, 2014 2:35 PM South Florida Beach Time
Terms of Use and Agreement https://www.futurescom.com/policies.html
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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved