FuturesCom Morning Investment Comments Thursday December 20, 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
“The best thing about the future is that it comes one day at a time”.
— Abraham Lincoln —
Wednesday December 19, 2012
4:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040.00 and 12,890.00
Resistance should appear near 13,340.00 to 13,460.00 and 13,770.00 to 13,830.00
MARCH E-MINI SP500
Resistance should appear near 1454 to 1459 and 1484.00 to 1496.00
Support should appear near 1421.00 to 1415.00 and 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00
Support should appear near 3036.00 and 2990.00 to 2972.00
MARCH E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2758.00 to 2775.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 856.00 to 858.90 and 876.20 to 877.70
Support should appear near 840.60 to 839.10 and 822.30 to 819.40
MARCH 30 YR BOND
Resistance should appear near 146-21 and 147-07
Support should appear near 145-21 and 145-07
MARCH 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 131-07 and 130-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near the 7864 to 7834 region.
MARCH JAPANESE YEN
Resistance should appear near 11920 to 12030.
Support should appear near the 11690 to 11640 region.
MARCH EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460.
MARCH SWISS FRANC
Resistance should appear near 11010 and 11155
Support should appear near 10960 and 10820.
MARCH BRITISH POUND
Support should appear near 16150 to 16090
Resistance should appear near 16420 to 16550.
MARCH CANADIAN DOLLAR
Resistance should appear near 10104 to 10136 then 10175 and 10235
Support should appear near 10037 to 10021
MARCH AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1689 to 1696.
Support is near 1655.0 to 1642
MARCH COPPER
Resistance should appear near 36130 to 36230 then 36630 to 35820 and the 37340 to 37450 region. Beyond that sellers should appear near 37950 to 38060.
Support should appear near 35630 to 35530 and 35030 to 34930
MARCH SILVER
Resistance should appear near 3148 to 3157 and 3261 to 3270
Support is at 3102 to 3092 and 3045 to 3036
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9140 to 9156 and 9316 to 9347
Support should appear near 8777 to 8762 and 8683 to 8668.
JANUARY HEATING OIL
Support should appear near 29370 to 29280. BW Traders can buy at 29410 for a bounce and hold for higher prices. Below that support should appear near 28830 to 28740.
Resistance should appear near 30360 to 30450 and 31480 to 31570
JANUARY UNLEADED GAS
Resistance should appear near 27580 to 27750 and 28200 to 28290
Support should appear near 26200 to 26120. Below that buyers should appear near 25680 to 25520…
JANUARY NATURAL GAS
Resistance should appear at 3553 to 3563 and 3663 to 3683
Support should appear near 3157 to 3148 and the 2990 to 2972 region.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1421 to 1415 and 1383 to 1377
Resistance should appear near 1453 to 1459 and 1484 to 1496
MARCH SOYOIL
Resistance should appear near 4915 to 4926 and 5056 to 5067.
Support should appear near 4856 to 4845 and 4785 to 4775
MARCH SOYMEAL
Resistance should appear near 442.5 to 444.6 and 457.1 to 458.2
Support should appear near 431.5 to 430.6 and 418.3 to 416.3
MARCH CORN
Support should appear 691 ¾ to 690 ¾ and 667 ¼ to 665 ¾
Resistance should appear near 724 ¼ to 725 ½ and 732 ¾ to 734 ¼
MARCH WHEAT
Resistance should appear near 830 to 831 ¼ and 839 ¼ to 840 ¾, BW Traders can sell at 839 for a turn lower and risk a close over 843 for three days in a row. Beyond that sellers should appear near 856 to 858 ¾
Support should appear near 804 ½ to 802 ¾ and the 795 ½ to 792 ¾ region.
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13340 and 13220
Resistance should appear near 13460 then 13537 and 13617
APRIL CATTLE
Support should appear near 13770 and 13617
Resistance should appear near 13830 and 14150 to 14210
FEBRUARY HOGS
Resistance should appear near 8667 to 8682 and 8762 to 8777
Support should appear near 8592 to 8557 and 8502 to 8482
APRIL HOGS
Support should appear near 9062 to 9042 and 8967 to 8937 region.
Resistance should appear near 9137 to 9157 and 9300 to 9317 to 9347
JUNE HOGS
Support should appear near 10037 to 10022 and 9937 to 9922.
Resistance should appear near 10102 to 10137 and 10187
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14210 to 14150 and the 13830 to 13770 region.
Resistance should appear near 14840 to 14960 and the15290 to 15350 region.
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MARCH COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519.
Support should appear near 2354 and the 2322 to 2315 region.
MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858.
Resistance should appear near 1945 to 1953 and 1982 to 1996. BW Traders can Sell at 1977 and risk a close over 2002 for three days in a row.
MARCH COTTON
Support should appear near 7428 to 7414 and 7342 to 7328
Resistance is near 7763 to 7777 and the 7836 to 7864 region.
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 19, 2012
5:05 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.
FuturesCom Morning Futures Comments Thursday December 20 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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