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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Thursday March 07-2013 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Thursday March 07, 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

        “A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”

Thursday March 07, 2013

5:00 AM South Florida Beach Time


THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,210.00 to 14150.00
Resistance remains near the 14,530.00 to 14,590.00 region

JUNE E-MINI SP500
Resistance should appear 1552.00 and the 1569.00 to 1576.00 region
Support should appear near 1529.00 and 1512.50.

NASDAQ COMPOSITE
Resistance should appear near 3261.00 to 3270.00
Support should appear near 3213 to 3194 and the 3157.00 to 3148.00 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00.
Resistance should appear near 2820.00 to 2829.00

JUNE E-MINI RUSSELL 2000

Resistance should appear near 931.60 to 934.70 and the 942.90 to 944.50 region.
Support should appear near 923.70 and 915.60 to 914.00.

JUNE 30 YR BOND
Resistance should appear near 14307 and 143-21.
Support should appear near 142-21 and 142-07

JUNE 10 YR NOTE
Resistance should appear near 131-21 and 132-07 should cap a rally.
Support should appear near 130-21 and 130-07                                                          

 

                                                    THE FRENZIED FOREX FRONT

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

JUNE JAPANESE YEN
Resistance should appear near 10680 and 10750
Support should appear near 10580, below that a test of 10470 is likely.

JUNE EURO CURRENCY
Support should appear near 12817 and the 12740 to 12680 region
Resistance should appear near 13040 to 13100 and 13155

JUNE SWISS FRANC
Resistance should appear near 10580 and 10627
Support should appear near 10525 and 10470

JUNE BRITISH POUND
Support should appear near the 14960 to 14840 region, a close under is negative and augus for an eventual test of 14590 to 14530 region.
Resistance should appear near 15125 and 15290 to 15350.
JUNE CANADIAN DOLLAR
Resistance should appear near 9706 to 9737.
Support should appear near 9641 to 9425.

JUNE AUSSIE DOLLAR
Resistance should appear near 10237 and the 10320 to 10360 region.
Support should appear near the 10136 to 10104 region.

 

 

 

 

 

 

 

 

 

 

 

            THE PRECIOUS METALS
APRIL GOLD

Resistance should appear near 1592.5.Beyond that sellers should appear near 1609 to 1615
Support is near 1576 to 1569, below that a test of 1552 and the 1535 to 1529 region is likely.

MAY COPPER
Resistance should appear near 35530 to 35630 and the 36130 to 36230 region.
Support should appear near 35030 to 34930 and the 34430 to 34250 region,
BW Traders can buy at 34450 for a bounce and hold for higher prices.

MAY SILVER
Resistance should appear near the 2928 to 2937 region.
Support is at 2883 to 2874 and the 2829 to 2820 region. .

THE EXCITING ENERGIES
APRIL CRUDE OIL

Support should appear near 9044 and 8964 to 8934
Resistance should appear near 9140 to 9156. A close over is friendly and augurs for a test of
9316 to 9347

APRIL HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear near 30360 to 30450                    

APRIL UNLEADED GAS
Support should appear near 31020 to 30920.

Resistance should appear 31940 to 32130.
APRIL NATURAL GAS
Resistance should appear at 3553 to 3563 and 3613 to 3623.
Support should appear near 3443 to 3425 and 3386 to 3377
THE GRANDE’ GRAINS
MAY SOYBEANS

Support should appear near 1459 to 1453 and 1437 ½.
Resistance should appear near the 1484 to 1496 region.

MAY SOYOIL
Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.
Support should appear near 4995 to 4973 and the 4926 to 4915.

MAY SOYMEAL
Resistance should appear near 437.0 to 438.1 and 442.5 to 444.6
Support should appear near 431.5 to 430.4 and 424.9 to 423.8

 

 

MAY CORN
Support should appear 683 ¾ to 680 ¼ and 675 ½ to 674 ¾
Resistance should appear near 699 to 700 ¼ and 707 ½ to 708 ¾

MAY WHEAT

Resistance should appear near 690 ¾ to 690 ¼ and 699 to 700 ¼

Support should appear near 675 ½ to 674 ¾ and 667 ¼ to 665 ¾

 

THE LIVELY LIVESTOCK
APRIL CATTLE

Support should appear near the 12740 to 12680 region.

Resistance should appear 13040 to 13100

JUNE CATTLE
Support should appear near 12382 to 12317
Resistance should appear near 12527 and the 12680 to 12740 region.

APRIL HOGS

Support should appear near 7957 to 7937 and 7777 to 7762
Resistance should appear near 8027 to 8042 and 8117 to 8127
JUNE HOGS

Support should appear near 8852 to 8857 and 8777 to 8762
Resistance should appear near 9037 to 9062 and 9137 to 9157

THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 13830 to 13770 and 13100 to 13040
Resistance should appear near 14150 to 14210 and 14530 to 14590

 

MAY COCOA
Resistance should appear near 2126 to 2134.

Support should appear near 2042 to 2034

MAY SUGAR
Resistance is near 1858 to 1865 and the 1902 to 1909 region.
Support should appear near 1780 to 1774 and 1738 to 1731

 

MAY COTTON
Support should appear near 8683 to 8667 and 8589 to 8560
Resistance is near 8762 to 8777 and 8857 to 8872
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 March 06, 2013
8:15 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 March 07, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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