Jun 052013
 

FuturesCom  Morning Investment Comments  Thursday June 06, 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

Wednesday June 05, 2013

2:00 PM South Florida Beach Time

palm-tree 

 

                                         THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,960.00 to 14,840.00 and 14,715.00
Resistance should appear near 15,125.00 and 15,290.00 to 15,350.00

JUNE E-MINI SP500

Resistance should appear near 1615.00 then 1628.50 and 1642.00 to 1655.00

Support should appear near 1591.50 and the 1576.00 to 1569.00 region.

BW traders can buy at 1592.00 and risk a close under 1574.00 for three days in a row.

NASDAQ COMPOSITE
Resistance should appear near 3425.00 to 3443 and 3493.00 to 3503.00
Support should appear near 3388.00 to 3377.00 and the 3328.00 to 3319.00 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2928.00 and the 2883.00 to 2874.00 region.

BW Traders can buy at 2905.00 and risk a close under 2873.00 for three days in a row.
Resistance should appear near 2972.00 to 2990.00.

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near 970.60 to 973.70 and 982.10 to 983.70
Support should appear near 964.10 to 962.50 and the 954.20 to 952.60 region

SEPT 30 YR BOND
Resistance should appear near 141-07 and 141-21. Beyond that sellers should appear near 142-07 and 142-21. BW Traders can sell at 142-07 and risk a close over 142-22 for three days in a row.
Support should appear near 140-07 then139-21 and 139-07.

SEPT 10 YR NOTE
Resistance should appear near 130-07 and 130-21.
Support should appear near 128-21 and 128-07.

                                           

 

                                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8300 to 8314
Support should appear near 8223 to 8194

JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136 region.
Support should appear near 10037 to 10021.

JUNE EURO CURRENCY
Support should appear near 13040 and 12890.

Resistance should appear near 13100 and 13155.
.  

JUNE SWISS FRANC
Resistance should appear near the10630 to 10680 region
Support should appear near 10580 then 10470 and the 10360 to 10320 region. .

JUNE BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near resistance should appear near 15412 and 15527.

JUNE CANADIAN DOLLAR
Resistance should appear near 9706 to 9737
Support should appear near 9641 to 9625.

JUNE AUSSIE DOLLAR
Support should appear near the 9445 to 9429 and the 9347 to 9316 region.
Resistance should appear near 9625 to 9641 and 9706 to 9737.
 

 

                                                      

                                                THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near the 1415 to 1421 region. Beyond that sellers should appear near  1437 and 1453 to 1459.
Support is near 1383 to 1377 and 1346 to 1334.

JULY COPPER
Resistance should appear near 33770 to 33860 then 34250 to 34430
Support should appear near 32700 to 32610 and the 32130 to 31940 region.

JULY SILVER
Resistance should appear near 2267 to 2275 and 2315 to 2322.
Support is at 2226 to 2219 and the 2185 to 2170 region.

THE EXCITING ENERGIES

 

AUGUST CRUDE OIL
Resistance should appear near 9429 to 9445 and 9525 to 9542.

Support should appear near 9347 to 9316 and 9156 to 9140

 

JULY HEATING OIL
Support should appear near 28290 to 28200 and the 27750 to 27580 region.

Resistance should appear near 28740 to 28830 and the 29280 to 29370 region.
JULY UNLEADED GAS
Support should appear near 27750 to 27580 region. Below that buyers should appear near 26720 to 26630.

Resistance should appear near 28290 and 28740 to 28830.

JULY NATURAL GAS
Resistance should appear at 4046 to 4056 and 4110 to 4120
Support should appear near 3929 to 3909 and 3867 to 3858.

 

THE GRANDE’ GRAINS

JULY SOYBEANS

Support should appear near 1496 to 1484 and 1459 to 1453
Resistance should appear near 1535 and 1569 to 1576.

NOVEMBER SOYBEANS
Support should appear near 1274 to 1268.

Resistance should appear near 1304 to 1310 and 1334 to 1346.

 

JULY SOYOIL
Resistance should appear near 4845 to 4856 and 4915 to 4926.
Support should appear near 4785 to 4775 and 4717 to 4695

JULY SOYMEAL
Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0.
Support should appear near 444.6 to 442.5 and 431.5 to 430.4  

 

JULY CORN
Support should appear 643 to 641 ¼ and 635 to 633 ¾
Resistance should appear near 665 ¾ to 667 ¾ and 674 ¼ to 675 ½. Beyond that sellers should appear near 680 ¾ to 683 ¾.

 

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


JULY WHEAT

Resistance should appear near 714 ¼ to 717 and 724 ¼ to 725 ½ .
Support should appear near 700 to 699 ¼ and 683 ¾ to 680 ¾ .

 

 

THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 11920 and 11817
Resistance should appear near 12030 and 12172.
OCTOBER CATTLE
Support should appear near 12257 and 12172
Resistance should appear near 12320 to 12380.

AUGUST HOGS

Support should appear near 9347 to 9317 and 9157 to 9142.
Resistance should appear near the 9427 to 9442 region which should cap a rally.

OCTOBER HOGS
Support should appear near 8317 to 8292.
Resistance should appear near 8392 to 8407 and 8482 to 8507.

 

Stay tuned for livestock flashes

 

 

 

 

 

 

THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 12740 to 12680 and 12380 to 12320
Resistance should appear near 13040 to 13100 and 13340 to 13460

 

SEPT COCOA
Resistance should appear near 2315 to 2322 and 2354 to 2370.

Support should appear near 2226 to 2219 and the 2185 to 2170 region.

OCTOBER SUGAR
Resistance is near 1689 to 1696 and the 1731 to 1738 region.

Support should appear near 1655 to 1642, BW Traders can buy at 1657 and risk a close under 1637 for three days in a row. Below that buyers should appear near the 1576 to 1569 region.

 

JULY COTTON
Support should appear near 8314 to 8300 and 8044 to 8029
Resistance is near 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 June 05, 2013
3:10 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.

FuturesCom Morning Futures Comments  Thursday June 06, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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