Morning Investment and Day Trading Comments Thursday January 23, 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 22, 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 and the 16,150.00 to 16,090.00 region.
Resistance is at 16,420.00 then 16,550.00 and 16,720.00

MARCH E-MINI SP500

Resistance should appear near 1840.00, an extended trade or close over is friendly and augurs for an eventual test 1858.00 to 1865.00.
Support should appear near 1631.00 and the 1822.00 to 1808.00 region.

NASDAQ COMPOSITE

Resistance should appear near 4249.00, beyond that a trade towards 4304.00 to 4315.00 is likely.  Support should appear near 4238.00 then 4210 and the 4183.00 to 4163.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 3613.00 and 3588.50.

Resistance is at 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 124-07 and 124-21. Beyond that sellers should appear near 125-07.

Support should appear near 123-21 and 123-07                   

 

                                               THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8134 and 8194 to 8223.

Support should appear near 8119 then 8081 and the 8044 to 8029 region.

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 11010 and 11087.

Support is near the 10960, below that an eventual test of 10820 is likely.
BW Traders should go short if a close under 10957 occurs.

 

MARCH BRITISH POUND

Support should appear near 16550 to 16420.
Resistance remains near 16720 and the 16890 to 16960 region.

MARCH CANADIAN DOLLAR

Resistance should appear near 9044 to 9060

Support should appear near 8964 to 8934

MARCH AUSSIE DOLLAR

Support should appear near 8777 to 8762
Resistance should appear near 8856 to 8871     

THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1238.00 and 1253.00.

Support should appear near 1232.00 and 1203.00 to 1192.00 region.

MARCH COPPER
Resistance should appear near 33770 to 33860 and the 34250 to 34430 region…

Support should appear 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 1953 to 1946 and 1909 to 1902

Resistance is at 1982 to1996 and the 2034 to 2042 region.
                                                                             

                                                  THE EXCITING ENERGIES

MARCH CRUDE OIL

Resistance should appear near 9706 to 9737 and 9821 to 9837

Support should appear near 9641 to 9625 and 9542 to 9526

 

MARCH BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010         

Support should appear near 10680 to 10630 and 10580.

 

FEB HEATING OIL

Support should appear near should appear near 30360 and 29900 to 29720.
Resistance should appear 30920 to 31020

FEB UNLEADED GAS

Support should appear near the 26720 to 26630 and 26200 to 26120.

Resistance should appear near 27160 to 27240.

MARCH NATURAL GAS

Resistance should appear at 4639 to 4650 and 46954 to 4717

Support should appear near 4514 to 4503 and 4446 to 4425    

                                                              THE GRANDE’ GRAINS

MARCH SOYBEANS

Support should appear near 1274 to 1268 and 1238 to 1236

Resistance should appear near 1289 and 1304 to 1310

MARCH SOYOIL
Resistance should appear near 3795 to 3806
Support should appear near 3743 to 3734

MARCH SOYMEAL

Resistance should appear near 423.8 to 424.9 and 430.4 to 431.5

Support should appear near 418.3 to 416.3 and 412.0 to 411.0
MARCH CORN

Support should appear near and 424 ¾ to 423 ¾ and the 418 ¼ to 416 ¼ region.
Resistance should appear near 430 ½ to 431 ½ and 437 to 438 ¼.

 

MARCH WHEAT

Resistance should appear near 564 to 565 ½ and the 571 ¾ to 572 ¾ region.

Support should appear 557 ¾ to 555 ¼ and the 550 ½ to 549 ¼ region.

                                       THE LIVELY LIVESTOCK

FEB CATTLE
Support should appear near 14210 to 14150.

Resistance should appear near 14530 to 14590 and 14840 to 14960

 

APRIL CATTLE

Support should appear near 14210 to 14150 and 13990.

Resistance should appear near 14377 and 14530 to 14590

FEB HOGS
Support should appear near 8497 to 8482 and 8407 to 8392

Resistance should appear near 8557 to 8587 and 8662 to 8682.
APRIL HOGS

Support should appear near 9162 to 9137
Resistance should appear near 9312 to 9347

JUNE HOGS

Support should appear near 10137 to 10102 and 10037 to 10022

Resistance should appear near 10257 and 10317 to 10362

                                                     THE SATISFYING SOFTS

MARCH COFFEE

Support should appear near the 11360 to 11300 region
Resistance should appear 11640 to 11690

MARCH COCOA

Resistance should appear near 2716 to 2724 and the 2758 to 2775 region.

Support should appear near 2672 to 2663 and the 2620 to 2612 region.

MARCH SUGAR

Resistance is near 1529 to 1535.
Support should appear near 1496 to 1484.

 

MARCH COTTON

Support should appear near the 8777 to 8762 and 8683 to 8668.
Resistance is at 8856 to 8871 and 8934 to 8964
                                       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 22, 2014 4:20 PM South Florida Beach Time
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