Day Trading and Investment Comments Thursday December 18, 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
Wednesday December 17, 2014
1:00 PM, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets during the holidays.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,310.00 and 17,125.00.
Resistance is at 17,380.00. Beyond that sellers should appear near 17,560.00.
DOW JONES TRANSPORTS
Support should appear near 8762.00 then 8683.00 to 8668.00 and the 8589.00 to 8560.00 region.
Resistance is at 8856.00 to 8871.00 and 8934.00 to 8964.00
MARCH E-MINI SP500
Resistance should appear near 2015.00 and 2034.00 to 2042.00
Support should appear near 1982.00 then 1967.50 and the 1953.00 to 1946.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4650.00 then 4695.00 to 4717.00 and 4775.00 to 4785.00.
Support should appear near 4582.00 to 4571.00. Below that a test of 4514.00 to 4503.00 is likely.
MARCH E-MINI NASDAQ 100
Support should appear near 4110.00 to 4110.00 and 4056.00 to 4046.00.
Resistance is at 4183.00 then 4210.00 and 4238.00 to 4249.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1169.00 and 1180.50
Support should appear near 1164.00 then1150.00 and 1136.00 to 1130.00.
MARCH 30 YR BONDS
Resistance should appear near 145-07 then 145-21 and 146-07
Support should appear near 144-07 and 143-21, below that a test of 143-07 is likely
MARCH 10 YR NOTE
Resistance should appear near 127-21 and 128-08.
Support should appear near 126-22 and 126-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8934 to 8964 and the 9044 to 9060 region.
Support should appear near 8905 and 8871 to 8856.
MARCH JAPANESE YEN
Resistance should appear near 8484 to 8499 and 8560 to 8589
Support should appear near 8406 to 8391and 8314 to 8300
MARCH EURO CURRENCY
Support should appear near 12175 and 12030 to 11920
Resistance should appear near 12380 and 12445.
MARCH SWISS FRANC
Resistance should appear near 10320 to 10360
Support should appear near 10104 to 10136
MARCH BRITISH POUND
Support should appear near 15527 and 15350 to 15290
Resistance should appear near 15612 and 15690 to 15760
MARCH CANADIAN DOLLAR
Resistance should appear near 8589 and 8668 to 8683
Support should appear near 8499 to 8484
MARCH AUSSIE DOLLAR
Support should appear near 8044 to 8029 and the 7954 to 7939 region.
Resistance should appear near 8119 to 8134 and 8194 to 8223
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1192 to 1203 and 1217.50
Support should appear near 1180.5 and the 1169.00 to 1164.0 region.
MARCH COPPER
Resistance should appear near 28740 to 28830 and 29280 to 29370
Support should appear near 28290 to 28200, below that a test of 27750 to 27580 is likely.
MARCH SILVER
Support should appear near 1535 to 1529 and the 1496 to 1484 region.
Resistance is at 1609 to 1615 and 1642 to 1655
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Support should appear near 5577 to 5553 and the 5430 to 5418 region. Below that a test of the 5356 to 5344 and 5282 to 5259 is likely.
Resistance should appear near 5716 to 5729 then 5792 to 5805 and 5855 to 5880.
BW Traders should go short if a close under 5417 occurs.
FEBRUARY BRENT CRUDE OIL
Support should appear near 5957 to 5945 and the 5805 to 5792 region.
Resistance should appear near 6101 to 6123 then 6165 to 6190 and 6257 to 6270
FEBRUARY HEATING OIL
Support should appear near 18650 to 18580 and 18220 to 18080
Resistance should appear 19020 to 19090 and 19460 to 19530.
FEBRUARY UNLEADED GAS
Support should appear 15350 to 15290 below that a test of 14960 to 14840 is likely.
Resistance should appear near 15760 then 16090 to 16150 and 16420 to 16550.
FEBRUARY NATURAL GAS
Support should appear near 3.623 to 3.613 and the 3.563 to 3.553 region.
Resistance should appear near 3.734 to 3.743 and 3.858 to 3.867
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1013 ¾ to 1010 ½ and 103 ¾ to 1002 ¾
Resistance should appear near 1036 then 1047 and the 1058 to 1068 region.
MARCH SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3328 .
MARCH SOYMEAL
Resistance should appear near 350.3 then355.3 to 356.3 and 361.3 to 362.3.
Support should appear near 344.3 to 342.5 and 338.6 to 337.3
MARCH CORN
Support should appear near 399 ¼ to 398 ¼ and 386 ¾ to 385 ¾.
Resistance should appear near 411 to 412 and 416 ¼ to 418 ¼
MARCH WHEAT
Support should appear near 635 to 633 ¾ and 619 to 616 ½
Resistance should appear near 657 ¾ to 659 ¾ and 665 ¾ to 667 ¼
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760
APRIL CATTLE
Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760
FEBRUARY HOGS
Support should appear near 7957 to 7932 and the 7867 to 7837 region. Below that a test of 7777 to 7762 is likely.
Resistance should appear near 8027 to 8042 and the 8117 to 8137 region.
.
APRIL HOGS
Support should appear near 8047 to 8027 and 7957 to 7937
Resistance should appear near 8137 and the 8192 to 8227 region. Beyond that sellers should cap a rally at 8300 to 8317
JUNE HOGS
Support should appear near 8777 to 8762 and the 8687 to 8662 region
BW Traders can buy at 8687 and risk 100 points.
Resistance should appear near 8857 to 8872 then 8937 to 8967 and 9042 to 9062
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 17310 to 17380 and 17740 to 17800
Support should appear near 16980 to 16890 and the 16550 to 16420 region.
MARCH COCOA
Resistance should appear near 2928 to 2937 and the 3036 to 3045 region…
Support should appear near 2829 to 2820 and 2775 to 2758. Trade Accordingly
MARCH SUGAR
Resistance is near 1484 to 1496 and 1529 to 1535.
Support should appear near 1459 to 1453 and the 1421 to 1415 region.
MARCH COTTON
Support should appear near 5957 to 5945 and 5880 to 5855
Resistance is at 6101 to 6123 and 6165 to 6190
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 17, 2014 3:50 PM South Florida Beach Time
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