Morning Investment and Day Trading Comments Thursday January 16, 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 January 15, 2014
3:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,285.00 the 16,150.00 to 16,090.00 region.
Resistance is at 16,420.00 to 16,550.00 and 16,720.00
MARCH E-MINI SP500
Resistance should appear near the 1858.00 to 1865.00 region.
Support should appear near 1631.00 and the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear near 4238.00 to 4249.00.
Support should appear near 4210.00 and the 4183.00 to 4163.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3588.00 and 3563.00 to 3553.00 region.
Resistance is at 3613.00 to 3623.00 then 3643.00 and the 3663.00 to 3682.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear at 1180.50 and 1192.00 to 1203.00
Support should appear near 1169.00 to 1164.00 and 1150.00.
MARCH 30 YR BOND
Resistance should appear near 131-07 and 131-21. Beyond that sellers should appear near 132-07 and 132-21
Support should appear near 130-21 then 130-07 and 129-21
MARCH 10 YR NOTE
Resistance should appear near 124-21. Beyond that sellers should appear near 125-07 and 125-21
Support should appear near 123-21and 123-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near the 8119 to 8134 region.
Support should appear near 8044 to 8029.
MARCH JAPANESE YEN
Resistance should appear near 9625 to 9641and 9672
Support should appear near 9542 to 9526 and 9445 to 9429
MARCH EURO CURRENCY
Support should appear near the 13460 to 13340 region.
Resistance should appear near 13615 and 13690.
MARCH SWISS FRANC
Resistance should appear near 11087 and 11155.
Support is near the 11010 to 10960 region. BW Traders should go short if a close under 10957 occurs.
MARCH BRITISH POUND
Support should appear near 16357 then 16277 and the 16150 to 16090 region.
BW Traders can buy at 16292 and risk a close under 16277 for three days in a row.
Resistance remains near 16420 to 16550. Beyond that a test of 16720 is likely.
MARCH CANADIAN DOLLAR
Resistance should appear near 9140 to 9156 and 9237
Support should appear near 9060 to 9044
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762
Resistance should appear near 8934 to 8964 and the 9044 to 9060 region.
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1253.00, beyond that a test of 1268.0 to 1274.0 is likely and should bring out sellers and cap a rally.
Support remains near 1238.00 to 1232.00 and the 1203.00 to 1192.00 region.
MARCH COPPER
Resistance should appear near 33770 to 33860 and the 34250 to 34430 region..
Support should appear 33280 to 33190 and the 32700 to 32610 region.
BW Traders can buy at 33000 for a bounce and stay tuned for a stop.
MARCH SILVER
Support should appear near 1996 to 1982 and the 1953 to 1946 region.
Resistance is at 2034 to 2042 then 2080 to 2089 and the 2126 to 2124 region.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9526 to 9542 and 9625 to 9641
Support should appear near 9737 to 9706 and 9156 to 9140
MARCH BRENT CRUDE OIL
Resistance should appear near 10680 and 10820.
Support should appear near 10580 then 10470 and 10360 to 10320.
FEBRUARY HEATING OIL
Support should appear near should appear near 29370 to 29280 and the 28830 to 28740 region.
Resistance should appear 30360 to 30450 and 30920 to 31020
FEBRUARY UNLEADED GAS
Support should appear 26120. Under that a test of the 25680 to 25520 region is likely.
Resistance should appear near 26630 to 26720 and 271260 to 27240.
MARCH NATURAL GAS
Resistance should appear at 4370 to 4381 and 4425 to 4446
Support should appear near 4249 to 4238 and 4183 to 4163
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1310 to 1304 and 1289.
Resistance should appear near 1322 and 1334 to 1346
MARCH SOYOIL
Resistance should appear near 3806 and 3858 to 3867
Support should appear near 3743 to 3734 and 3682 to 3663
MARCH SOYMEAL
Resistance should appear near 437.0 to 438.1
Support should appear near the 424.9 to 423.8
MARCH CORN
Support should appear near and 424 ¾ to 423 ¾ 418 ¼ to 416 ¼
Resistance should appear near 430 ½ to 431 ½ and 437 to 438 ¼.
MARCH WHEAT
Resistance should appear near 571 ¼ to 572 ¾ and 579 ¼ to 580 ½.
Support should appear 565 ¼ to 564 and 557 ¾ to 555 ¼.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13917 and 13830 to 13770.
Resistance should appear near 14150 to 14210
APRIL CATTLE
Support should appear near 13830 to 13770.
Resistance should appear near 14150 to 14210
FEB HOGS
Support should appear near 8592 to 8562 and 8502 to 8482.
Resistance should appear near 8662 to 8682 and 8762 to 8777
APRIL HOGS
Support should appear near 9137 and 9067 to 9042
Resistance should appear near 9162 then 9237 and 9312 to 9347
JUNE HOGS
Support should appear near 10037 to 10022 and the 9937 to 9922 region.
Resistance should appear near 10137 then 10187 and 10257.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11690 to 11640 and 11505.
Resistance should appear 11805 then 11920 to 12030 and 12320 to 12380.
MARCH COCOA
Resistance should appear near 2758 to 2775 then 2797 and the 2820 to 2829 region.
Support should appear near 2724 to 2716 and the 2672 to 2663 region.
MARCH SUGAR
Resistance is near 1569 to 1576.
Support should appear near 1496 to 1453 region.
MARCH COTTON
Support should appear near the 8406 to 8391 then 8314 to 8300 and 8223 to 8194 region.
BW Traders can buy at 8225 for a bounce and hold for higher prices.
Resistance is at 8484 to 8499 and 8560 to 8589
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 January 15, 2014 5:00 PM South Florida Beach Time
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