Morning Investment and Day Trading Comments Thursday February 27, 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

The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments — George Washington—

 

Thursday February 27, 2014
4:00 AM, South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear 16,090.00 and 15,925.00
Resistance is at the 16,420.00 to 16,550.00 region.

MARCH E-MINI SP500

Resistance should appear near the 1858.00 to 1865.00 region.
Support should appear near the 1822.00 to 1808.00 region.

 

 

 

NASDAQ COMPOSITE

Resistance should appear near 4304.00 to 4315.00, a close over is friendly and augurs for a test of

4370.00 to 4381.00

Support should appear near 4276.50 and the 4249.00 to 4238.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 3663.00 and the 3623.00 to 3613.00 region.

Resistance is at 3734.00 to 3743.00 beyond that a test of 3795.00 to 3806.00 is likely

MARCH E-MINI RUSSELL 2000

Resistance should now appear at 1192.00 to 1203.00.
Support should appear near 1169.00 to 1164.00 and 1150.00

JUNE 30 YR BONDS

Resistance should appear near 133-07 and 133-21
Support should appear near 132-21 and 132-07

JUNE 10 YR NOTE

Resistance should appear near 125-07 and 125-21

Support should appear near 124-07 and 123-21                                                   

 

 

                                                THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8119 to 8134 region.

Support should appear near 8044 to 8029.

MARCH JAPANESE YEN
Resistance should appear near 9821 to 9837 and 9873
Support should appear near 9737 to 9706.      

 

 

 

MARCH EURO CURRENCY

Support should appear near 13615 and the 13460 to 13340 region
Resistance should appear near 13690 and the 13770 to 13830 region.

 

MARCH SWISS FRANC

Resistance should appear near the 11300 to 11360 region.

Support is near 11155 and the 11010 to 10960 region.

MARCH BRITISH POUND

Support should appear near 16550 to 16420.

Resistance remains near 16890 to 16960.
MARCH CANADIAN DOLLAR

Resistance should appear near 9040 to 9060
Support should appear near 8964 to 8934 and 8871 to 8856

MARCH AUSSIE DOLLAR

Support should appear near 8777 to 8762
Resistance should appear near 9044 to 9060

                                                     THE PRECIOUS METALS

 

APRIL GOLD

Resistance should appear near 1334.0 to 1346.0. Beyond that sellers should appear near 1377.0 to 1383.0.

Support should appear near 1310.0 to 1304.0.
Pick your poison.

 

 

 

MAY COPPER
Resistance should appear near 32610 to 32700

Support should appear near 31570 to 31480

MAY SILVER

Support should appear near 2089 to 2080

Resistance is at 2170 to 2185.
                                                                                      

                                                         THE EXCITING ENERGIES

APRIL CRUDE OIL

Resistance should appear near the 10320 to 10360.

Support should appear near 10136 to 10101

 

APRIL BRENT CRUDE OIL
Resistance should appear near 10960 to 11010 and 11155.         

Support should appear near 10820 and the 10680 to 10580 region.

 

APRIL HEATING OIL

Support should appear near should appear near 29900 to 29720
Resistance should appear the 30920 to 31020.

 

APRIL UNLEADED GAS

Support should appear the 29370 to 29280 region.
BW Traders can buy at 294.10 and hold for higher prices.

Resistance should appear near 29720 to 29900.

APRIL NATURAL GAS

Resistance should appear at 4845 to 4856

Support should appear near 4315 to 4304                

 

 

 

 

                                                           THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1383 to 1377

Resistance should appear near 1415 to 1421

 

JULY SOYBEANS
Support should appear near 1346 to 1334

Resistance should appear near 1377 to 1383 and 1399

 

MAY SOYOIL
Resistance should appear near 4163 to 4183.
Support should appear near 4056 to 4046.

MAY SOYMEAL

Resistance should appear near 457.1 to 458.2, beyond that sellers should appear near 463.9 to 465.0

Support should appear near 451.4 to 450.3, below that buyers should appear near 444.6 to 442.5
MAY CORN

Support should appear near 451 ½ to 450 ¼ and 444 ¾ to 442 ½.
Resistance should appear near 463 ¾ to 465 and 469 ½ to 471 ½.

 

MAY WHEAT

Resistance should appear near the 616 ½ to 619.

Support should appear 588 to 585 ½.

                                                 THE LIVELY LIVESTOCK

APRIL CATTLE
Support should appear near 14210 to 14150.

Resistance should appear near 14530 to 14590

 

 

 

JUNE CATTLE

Support should appear near 13460 to 13340.

Resistance should appear near the 13517 and 13612

APRIL HOGS

Support should appear near 9922 to 9907
Resistance should appear near 10187 and 10222

JUNE HOGS

Support should appear near 10822, below that a test of 10680 to 10580 is likely

Resistance should appear near 10960 to 11010 and should cap a rally
                               

 

                                                  THE SATISFYING SOFTS

MAY COFFEE

Support should appear near 16960 to 16890.

Resistance should appear the 18080 to 18220 region.

MAY COCOA

Resistance should appear near the 2972 to 2990 region.

Support should appear near 2883 to 2874.
 

MAY SUGAR

Resistance is near 1808 to 1822
Support should appear near 1738 to 1731
MAY COTTON

Support should appear near the 8683 to 8668 and 8589 to 8560
Resistance is at 8856 to 8871 and 8934 to 8964.

 

 

 

 

-A Ship in Harbor is Safe…But that is not what ships are built for –

 

Happy Trading!

Bill wil@futurescom.com

Thursday February 27, 2014 7:00 AM South Florida Beach Time
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