FuturesCom Morning Investment Comments Thursday July 25, 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
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–”
– Reminiscences of a Stock operator.
Wednesday July 24, 2013
1:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290.00
Resistance should appear near the 15,690.00 to 15,760.00 region.
SEPTEMEBER E-MINI SP500
Resistance should appear near 1689.00 to 1696.00 then1713 .50 and 1731.00 to 1738.00
Support should appear near 1672 and the 1655.00 to 1642.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3613.00 to 3623.00.
Support should appear near 3563.00 to 3553.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3013.00 and the 2990.00 to 2972.00 region.
Resistance should appear near 3045.00 then 3067.00 and the 3092.00 to 3102.00 region.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1047.00 and the 1058.00 to 1068.00 region
Support should appear near 1036.00 to 1032.00
SEPTEMBER 30 YR BOND
Resistance should appear near 134-07 then 134-21 and 135-07
Support should appear near 133-07 and 132-21
SEPTEMBER 10 YR NOTE
Resistance should appear near 126-21 and 127-07
Support should appear near 125-21 and 125-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8261 and 8300 to 8314
Support should appear near 8223 to 8194
SEPT JAPANESE YEN
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9937 to 9921 and 9837 to 9821
SEPT EURO CURRENCY
Support should appear near 13160 and 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460.
SEPT SWISS FRANC
Resistance should appear near 10750 and 10815
Support should appear near 10630 and 10580.
SEPT BRITISH POUND
Support should appear near 15290 then 15207 and 15125.
Resistance should appear near 15350 and 15437
SEPT CANADIAN DOLLAR
Resistance should appear near 9706 to 9737.
Support should appear near 9641 to 9625
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9060 to 9044 and 8964 to 8934.
Resistance should appear 9140 to 9156 and 9237.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1322 and 1334 to 1346
Support is near 1310 to 1304
SEPTEMBER COPPER
Resistance should appear near 31940 to 32130 and 32610 to 32700
Support should appear near 31570 to 31480 and 30450 to 30360
SEPTEMBER SILVER
Resistance should appear near 2034 to 2042 and 2080 to 2089.
Support is at 1996 to 1982 and 1953 to 1946
THE EXCITING ENERGIES
SEPT CRUDE OIL
Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10360 to 10320
SEPT HEATING OIL
Support should appear near should appear near 30450 to 30360 and 29370 to 29280
Resistance should appear 31480 to 31570 and 31940 to 32130
SEPT UNLEADED GAS
Support should appear near 29370 to 29280
Resistance should appear near 30920 to 31020
SEPT NATURAL GAS
Resistance should appear at 3734 to 3743 and 3858 to 3867
Support should appear near 3623 to 3613 and 3563 to 3553
THE GRANDE’ GRAINS
SEPTEMBER SOYBEANS
Support should appear near 1274 to 1268 and 1238 to 1232
Resistance should appear near 1304 to 1310 and 1334 to 1346
NOVEMBER SOYBEANS
Support should appear near 1253 and 1238 to 1232
Resistance should appear near 1268 to 1274
DECEMBER SOYOIL
Resistance should appear near 4503 to 4514
Support should appear near 4381 to 4370
DECEMBER SOYMEAL
Resistance should appear near 374.3 to 373.4
Support should appear near 385.8 to 386.7.
SEPT CORN
Support should appear 506 ¾ to 505 ¾
Resistance should appear near 520 to 521 ¼
DEC CORN
Support should appear near 478 ¾ to 477 ½ and 471 ¾ to 469 ½
Resistance should appear near 491 ½ to 492 ¾ and 497 ¼ to 499 ½
SEPT WHEAT
Resistance should appear near 665 ¾ to 667 ½
Support should appear near 650 ¾ to 648 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near the 12030 to 11920 region.
Resistance should appear near the 12320 to 12380 region.
OCTOBER CATTLE
Support should appear near 12532 and the 12320 to 12030 region. BW Traders can buy at 12387 and risk a close under 12317 for three days in a row
Resistance should appear near 12680 to 12740.
AUGUST HOGS
Support should appear near the 9837 to 9822 and 9737 to 9707
Resistance should appear near 9922 to 9937 and 10017 to 10037
OCTOBER HOGS
Support should appear near 8587 to 8557 and 8502 to 8482.
Resistance should appear near 8667 to 8682 and the 8762 to 8777 region.
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THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 12030 to 11920 and 11820
Resistance should appear near 12320 to 12380 and 12530
SEPT COCOA
Resistance should appear near 2354 to 2370 and 2411 to 2419
Support should appear near 2322 to 2315 and 2275 to 2267
OCT SUGAR
Resistance is near 1642 to 1655
Support should appear near 1615 to 1609.
DEC COTTON
Support should appear near 8560 then 8499 to 8484 and 8406 to 8391
Resistance should appear near the 8668 to 8683 region BW Traders can sell at 8665 and hold for lower prices. Beyond that sellers should appear near 8762 to 8777 and cap a rally.
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 24, 2013 3:00 PM South Florida Beach Time
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