Morning Investment and Day Trading Comments Thursday February 6, 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 February 05, 2014
8:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15290.00 then 14,960.00 to 14,840.00
and 14,590.00 to 14,530.00
Resistance is at 15,690.00 to 15,760.00 and the16.090.00 to 16,150.00 region.
MARCH E-MINI SP500
Resistance should appear near 1756.00 and 1774.00 to 1780.00.
Support should appear near 1738.00 to 1731.00 and 1713.50
NASDAQ COMPOSITE
Resistance should appear near 4046.00 to 4056.00 and 4110.00 to 4120.00
Support should appear near 3992.00 to 3982.00 and 3929.00 to 3909.00
MARCH E-MINI NASDAQ 100
Support should appear near 3386.00 to 3377.00
Resistance is at 3493.00 to 3503.00
MARCH E-MINI RUSSELL 2000
Resistance should appear at 1096.00 to 1101.00 and 1130.00 to 1136.00
Support should appear near 1068.00 to 1058.00
Stay tuned for Flashes and trade accordingly
MARCH 30 YR BOND
Resistance should appear near 133-21 and 134-07
Support should appear near 133-07 and 132-21
MARCH 10 YR NOTE
Resistance should appear near 126-21 and should cap the rally. Beyond that sellers should appear near 127-07
Support should appear near 125-21 and 125-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134 and the 8194 to 8223 region.
Support should appear near 8081 and 8044 to 8029
MARCH JAPANESE YEN
Resistance remains near 9921 to 9937
Support should appear near 9737 to 9706.
Stay tuned for Flashes.
MARCH EURO CURRENCY
Support remains near the 13460 to 13340 region
Resistance should appear near 13615 and 13690
MARCH SWISS FRANC
Resistance should appear near 11155 and 11187
Support is near 11010 to 10960.
MARCH BRITISH POUND
Support should appear near 16150 to 16090
Resistance remains near 16420 to 16550
MARCH CANADIAN DOLLAR
Resistance should appear near 9044 to 9060, beyond that a test of 9140 to 9156 is likely and should cap a rally. BW Traders can sell at 9137 and risk a close over 9157 for three days in a row.
Support should appear near the 8964 to 8934 region.
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 then 8777 to 8762 and 8683 to 8668.
Resistance should appear near 8964 and 9044 to 9060.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1268.0 to 1274.0 and 1304.0 to 1310.0
Support should now appear near 1238.0 to 1232.0, below that some buyers should appear near 1203.0 to 1192.0.
MARCH COPPER
Resistance should appear near 32140, a close over is friendly and augurs for a test of 32610 to 32700
Support should appear near the 31570 to 31480 region.
MARCH SILVER
Support should appear near 1953 to 1946 and 1909 to 1902.
Resistance is at 2034 to 2042 and 2080 to 2089.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9821 to 9837 and 9921 to 9937
Support should appear near 9737 to 9706 and 9651 to 9625.
MARCH BRENT CRUDE OIL
Resistance should appear near 10680 and 10820.
Support should appear near 10580 region failure to hold is negative and augurs for a test of 10360 to 10320. Where buyers should appear and contain declines.
MARCH HEATING OIL
Support should appear near should appear near 29900 to 29720 and 29370 to 29280 region.
Resistance should appear the 30360 to 30450 region.
MARCH UNLEADED GAS
Support should appear 26200 to 25120 and 25680 to 25520.
Resistance should appear near 26673 to 26720, beyond that a test of 27580 to 27750 is likely
MARCH NATURAL GAS
Resistance should appear at 5553 to 5577
Support should appear near 4926 to 4915
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1310 to 1304
Resistance should appear near 1334 to 1346
MARCH SOYOIL
Resistance should appear near 3858 to 3867 and 3909 to 3929.
Support should appear near 3743 to 3734 and the 3682 to 3663 region which should contain a decline.
MARCH SOYMEAL
Resistance should appear near 450.3 to 451.4 and 457.8 to 458.2
Support should appear near 438.1 to 437.0 and 431.5 to 430.4
MARCH CORN
Support should appear near the 438 ¼ to 437 and 431 ½ to 430 ½
Resistance should appear near 450 ¼ to 451 ¼
MARCH WHEAT
Resistance should appear near 594 ½ to 595 ¾ and 602 ¾ to 603 ½
Support should appear 580 ½ to 579 ¼ and 572 ¾ to 571 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13830 to 13770
Resistance should appear near 13990 and the 14150 to 14210 region.
JUNE CATTLE
Support should appear near 13100 to 13040 and 12897
Resistance should appear near the 13237 and 13340 to 13460.
FEB HOGS
Support should appear near 8592 to 8557 and 8492 to 8482
Resistance should appear near 8667 to 8682
APRIL HOGS
Support should appear near 9157 to 9142
Resistance should appear near 9527 to 9542
JUNE HOGS
Support should appear near 10362 to 10322
Resistance should appear near 10580 to 10680
Stay tuned for Livestock flashes.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14210 to 14150 and 13830 to 13770
Resistance should appear 14530 to 14590 and 14840 to 14960
MARCH COCOA
Resistance should appear near 2928 to 2937 and the 2972 to 2990 region.
Support should appear near 2883 to 2874 and 2829 to 2820
MARCH SUGAR
Resistance is near 1615 and 1642 to 1655
Support should appear near 1576 to 1569 and 1535 to 1529.
MARCH COTTON
Support should appear near 8499 to 8484 region.
Resistance is at 8762 to 8777
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 February 05, 2014 09:15 PM South Florida Beach Time
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