Morning Investment and Day Trading Comments Thursday June 26, 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
Tuesday June 24, 2014 3:00 PM, South Florida Beach Time.
Stay tuned for Flashes and Updates in all Markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,720.00 and the 16,550.00 to 16,420.00 region. Resistance is at 16,890.00 to 16,960.00
DOW JONES TRANSPORTS
Support should appear near 8044.00 to 8029.00
Resistance is at 8119.00 to 8134.00 and 8300.00 to 8314.00
SEPTEMBER E-MINI SP500
Resistance is at 1946.00 to 1953.00 then 1967.50 and 1982.00 to 1992.00 Support should appear near 1927.50 and the 1909.00 to 1902.00 region
NASDAQ COMPOSITE
Resistance should appear at 4370.00 to 4381.00 and 4425.00 to 4446.00 Support should appear near 4315.00 to 4304.00 and 4249.00 to 4238.00
SEPTEMBER E-MINI NASDAQ 100 Support should appear near 3743.00 to 3734.00 and 3682.00 to 3663.00
Resistance is at 3795.00 to 3806.00 and 3858.00 to 3867.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1169.00 then 1180.50 and 1192.00 to 1203.00
Support should appear near 1164.00 then 1150.00 and 1136.00 to 1130.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 136-21 and 137-07 Support should appear near 135-21 and 135-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 125-07 and 125-21
Support should appear near 124-07 and 123-21.
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near 8029 and 7954 to 7939
SEPTEMBER JAPANESE YEN Resistance should appear near 9921 to 9937. Support should appear near 9779 and the 9737 to 9706 region.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance is at 13615 then 13687 and 13770 to 13830. BW Traders can sell at 13687 and hold for lower prices.
SEPTEMBER SWISS FRANC
Resistance should appear near 11227 and 11300 to 11360.
Support is near 11155 and the 11010 to 10960 region.
SEPTEMBER BRITISH POUND
Support should appear near 16890. BW Traders can buy at 16892 and risk 50 points. Resistance should appear near 17130 and the 17310 to 17380 region.
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near the 9316 to 9347 region. Support should appear near 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR Support should appear near 9237 and 9156 to 9140
Resistance should appear near 9429 to 9445
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1334 to 1346.
Support should appear near 1310 to 1304.
SEPTEMBER COPPER Resistance should appear near 31940 to 32130
Support should appear near 31020 to 30920
SEPTEMBER SILVER
Support should appear near 2089 to 2080 and 2042 to 2034
Resistance is at 2126 to 2134 and 2170 to 2185
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 10580 then 10470 and 10360 to 10320
Resistance should appear near 10960 to 11010.
AUGUST BRENT CRUDE OIL Resistanceshould appear near 11640 to 11690 Supportshould appear near 11360 to 11300.
AUGUST HEATING OIL
Support should appear near should appear near 29900 to 29720 Resistance should appear 30920 to 31020
AUGUST UNLEADED GAS
Support should appear 30450 to 30360.
Resistance should appear near 31480 to 31570
AUGUST NATURAL GAS
Resistance should appear 4639 to 4650
Support should appear near 4381 to 4370
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1383 to 1377
Resistance should appear near 1415 to 1421 and 1437
AUGUST SOYBEANS
Support should appear near 1346 to 1334.
Resistance should appear near 1377 to 1383
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region
Resistance should appear near 1232 to 1238
JULY SOYOIL Resistance should appear near 4110 to 4120 and 4163 to 4183 Support should appear near 3992 to 3982.
AUGUST SOYMEAL
Resistance should appear near 442.5 to 444.6
Support should appear near 418.3 to 416.3
DECEMBER SOYMEAL Resistance should appear near 404.6 to 405.6
Support should appear near 380.6 to 379.5 SEPT CORN
Support should appear near 412 to 411 Resistance should appear near 442 ½ to 444 ¾
SEPT WHEAT Support should appear near 572 ¾ to 571 ¾ and 565 ½ to 564 Resistance should appear near 602 ¾ to 603 ¾.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 14960 to 14840 and 14717
Resistance should appear near 15290 to 15350
OCTOBER CATTLE Support should appear near 14960 to 14840
Resistance should appear near 15290 to 15310
JULY HOGS
Support should appear near 13040 then 12890 and 12740 to 12680 Resistance should appear near 13100 and 13217
AUGUST HOGS
Support should appear near 13040 and 12892 Resistance should appear near 13340 to 13460
OCTOBER HOGS
Support should appear near 11010 to 10960 Resistance should appear near 11300 to 11360
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17740 to 17800 and 18080 to 18220
Support should appear near 16550 to 16420
SEPTEMBER COCOA
Resistance should appear near 3092 to 3102
Support should appear near 3045 to 3036
OCTOBER SUGAR
Resistance is near the 1902 to 1909 and 1946 to 1953. Support should appear near 1865 to 1858 and 1822 to 1808.
DECEMBER COTTON
Support should appear near 7342 to 7328 Resistance is at 7675 to 7689
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
Tuesday June 24, 2014 5:50 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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved