FuturesCom  Morning Investment Comments  Thursday July 11, 2013 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial  Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

Wednesday July 10, 2013

7:00 PM South Florida Beach Time
Stay tuned for Flashes and Updates in all Markets

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 15,290.00 and 15,125.00

Resistance should appear near 15,350.00 and 15,520.00.

 

SEPTEMEBER E-MINI SP500

Resistance should appear near 1671.50 and the 1689.00 to 1696.00 region.

Support should appear near 1655 to 1642

NASDAQ COMPOSITE

Resistance should appear near the 3553.00 to 3583.00 region
Support should appear near the 3503 to 3493

 

 

 

 

SEPTEMBER E-MINI NASDAQ 100

Support should appear near the 2990 to 2972.

Resistance should appear near 3036.00 to 3045.00 region

SEPTEMBER E-MINI RUSSELL 2000

Nearby Resistance should appear at the 1032.00 to 1036.00 region. Aggressive BW Traders can sell at 1031.50 and risk 12 points.

Support should appear near 1013.60 to 1010.

 

SEPTEMBER 30 YR BOND

Resistance should appear near 135-07 and 135-21.
Support should appear near 133-21. Below that a trade towards 132-21 is likely.

SEPTEMBER 10 YR NOTE

Resistance should appear near 127-07 and 127-21.

Support should appear near 125-21 and 124-07.

 

 

                        THE FRENZIED FOREX FRONT

 

 

SEPT DOLLAR INDEX

Resistance should appear near 8391 to 8406

Support should appear near the 8223 to 8194 region.

SEPT JAPANESE YEN

Resistance should appear near 10104 to 10136 and 10237. Beyond that sellers should appear near 10320 to 10360 should cap a rally. BW Traders can sell at 10317 for a quick trade and risk a close over 10367 for three days in a row.

Support should appear near 10037 to 10021. Below that buyers should appear near 9937 to 9921.

SEPT EURO CURRENCY

Support should appear near 12890 and the12740 to 12680 region
Resistance should appear near 13100 then 13155 and 13220 which should cap a rally

.

SEPT SWISS FRANC

Resistance should appear near 10580 to 10680

Support should appear near 10470 and10360 to 10320 region

 

SEPT BRITISH POUND

Support should appear near 15042 and the 14960 to 14840 region

Resistance should appear near 15125 and the 15290 to 15350 region.

 

 

 

 

 

 

SEPT CANADIAN DOLLAR

Resistance should appear near the 9625 to 9641 region. Beyond that sellers should appear near 9706 to 9737. BW Traders can sell at 9703 and risk a close over 9747 for three days in a row.

Support should appear near 9445 to 9439 a close under is negative and augurs for a test of the 9347 to 9316 region which should contain a decline. eventual test of 9156 to 9140 and lower.

SEPTEMBER AUSSIE DOLLAR

Support should appear near 9156 to 9150 and 9060 to 9044 a close under is negative and augurs for a test of the 8964 to 8934 and the 8871 to 8856 region..
Resistance should appear near the 9316 to 9347 region.         

 

                             

                                                         THE PRECIOUS METALS

 

AUGUST GOLD

Resistance should appear near 1304.00 to 1310.00 and the 1334 to 1346 region.

Support is near 1274 to 1268 and the 1238 to 1232 region

SEPTEMBER COPPER
Resistance should appear near 31480 to 31570. Beyond that sellers should appear near 31940 to 32130 and the 32610 to 32700 region and cap a rally. .

Support should appear near 30450 to 30360 and the 29900 to 29720 region

 

SEPTEMBER SILVER

Resistance should appear near 1982 to 1996, an extended trade or close over is friendly and augurs for a test of 2034 to 2042.

Support is at 1953 to 1946 and 1909 to 1902

 

                                                       THE GRANDE’ GRAINS

 

AUGUST SOYBEANS

Support remains near 1459 to 1453, below that a test of 1421 to 1415 is likely

Resistance should appear near 1484 to 1496 and 1529 to 1535

 

NOVEMBER SOYBEANS

Support should appear near 1274 to 1268 and 1253

Resistance should appear near 1304 to 1310

AUGUST SOYOIL

Resistance should appear near 4775 to 4785
Support should appear near the 4650 to 4639

AUGUST SOYMEAL

Resistance should appear near 450.3 to 451.4 and 457.1 to 458.2

Support should appear near 444.6 to 442.5 and 438.1 to 437.0

 

 

 

 

 

SEPT CORN

Support should appear 543 to 541 ¾ and 535 ¾ to 534 ½
Resistance should appear near 555 ¼ to 557 ¾ and 564 to 565 ¼

DEC CORN

Support should appear near 513 ¾ to 512 ¾ and 506 ¾ to 505 ¾

Resistance should appear near 525 ¾ to 528 ¾ and 534 ½ to 535 ¾ .

SEPT WHEAT

Resistance should appear near 680 ¾ to 683 ¾ 690 3/’4 to 691 ¾

Support should appear near 667 ¼ to 665 ¾ and 659 ¼ to 657 ¾ .

THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 12172 and the 12030 to 11920 region.
BW Traders can buy at 12037 and risk a close under 11917 for three days in a row

Resistance should appear near the 12320 to 12380 region. BW Traders should go long if a close over 12387 occurs

 

OCTOBER CATTLE

Support should appear near 12537 and 12447.
Resistance should appear near the 12680 to 12740.

 

AUGUST HOGS

Support should appear near 9447 to 9427
Resistance should appear near 9622 to 9642

 

OCTOBER HOGS
Support should appear near the 8317 to 8302 region
Resistance should appear near 8482 to 8502

         

                       THE SATISFYING SOFTS

 

SEPT COFFEE

Support should appear near 12030 to 11920
Resistance should appear near 12680 to 12740. BW Traders can sell at 12675 and risk a close over 12775 for three days in a row.

SEPT COCOA

Resistance should appear near 2219 to 2226

Support should appear near 2134 to 2126

OCT SUGAR

Resistance is near 1642 to 1655
Support should appear near 1615 to 1609.

DEC COTTON

Support should appear near 8499 to 8484 and 8406 to 8391.
Resistance is 8668 to 8683 and 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 July 10, 2013

8:45 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.

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