Morning Investment and Day Trading Comments Thursday March 13, 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
Observation, Experience, Memory and Mathematics. These are what a successful trader must depend on. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory…-Reminiscences of a Stock operator-
Wednesday March 12, 2014
2:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,275.00 and the 16,150.00 to 16090.00 region.
Resistance is at 16,420.00 to 16,550.00
JUNE E-MINI SP500
Resistance should appear near 1858.00 to 1865.00, a close over is friendly and augurs for a test of
1883.50 and the 1902.00 to 1909.00 region.
Support should appear near 1840.00and the 1822.00 to 1808.00 region
BW Traders should go long if a close 1865.25 occurs.
NASDAQ COMPOSITE
Resistance should appear near 4370.00 to 4381.00.
Support should appear near 4304.00 and the 4249.00 to 4238.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 3663.00 and the 3623.00 to 3613.00 region.
Resistance is at 3734.00 to 3743.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1192.00 to 1203.00.
Support should appear near 1180.50 and the 1169.00 to 1164.00 region.
Stay tuned for Flashes and trade accordingly
JUNE 30 YR BONDS
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21and 131-07.
JUNE 10 YR NOTE
Resistance should appear near 124-21 and 125-07
Support should appear near 123-21 and 123-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7991 and 8029 to 8044.
Support should appear near the 7954 to 7939 region, below that a test of 7864 to 7836 is likely and
should bring out buyers. BW Traders can buy at 7867 and risk close under 7834 for three days in a
row.
JUNE JAPANESE YEN
Resistance should appear near 9779 and 9821 to 9837
Support should appear near 9737 to 9706
JUNE EURO CURRENCY
Support should appear near 13830 to13770.
Resistance should appear near 13990 and 14150 to 14210
BW Traders can sell at 14140 and risk a close over 14217 for three days in a row.
JUNE SWISS FRANC
Resistance should appear near 11500 and the 11640 to 11690 region
Support is near 11360 to 11300.
MARCH BRITISH POUND
Support should appear near the 16550 to 16420 region.
Resistance remains near 16890 to 16960.
JUNE CANADIAN DOLLAR
Resistance should appear near 9040 to 9060
Support should appear near 8964 to 8934
JUNE AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762.
Resistance should appear near 8934 to 8964 and 9044 to 9060.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1377.0 to 1383.0.
Support should appear near 1346.0 to 1334.0.
MAY COPPER
Resistance should appear near 30360 to 30450
Support should appear near 29370 to 29280
MAY SILVER
Support should appear near 2089 to 2080
Resistance is at 2170 to 2185.
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 9921 to 9937 and 10021 to 10037
Support should appear near 9737 to 9706 and 9641 to 9625
MAY BRENT CRUDE OIL
Resistance should appear near 10960 to 11010.
Support should appear near the 10680 to 10580 region
APRIL HEATING OIL
Support should appear near should appear near 28830 to 28740
Resistance should appear near 29720 to 29900
APRIL UNLEADED GAS
Support should appear 29370 to 29280 and 28830 to 28740
Resistance should appear near 29720 to 29900, a close over is friendly and augurs for a test of the
30360 to 30450 region.
MAY NATURAL GAS
Resistance should appear at 4503 to 4514 and 4639 to 4650.
Support should appear near 4381 to 4370 and 4183 to 4163
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1383 to 1377 and 1346 to 1334
Resistance should appear near 1399 and 1415 to1421
JULY SOYBEANS
Support should appear near 1361 ½ and the 1346 to 1334 where buyers should appear and contain a
decline.
Resistance should appear near 1377 to 1383 and 1399.
MAY SOYOIL
Resistance should appear near 4370 to 4381 and 4425 to 4446
Support should appear near 4315 to 4304, below that a test of 4249 to 4238 is likely.
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, below that a test of 418.3 to 416.3 is likely
MAY CORN
Support should appear near 471 ¾ to 469 ½ and 451 ½ to 450 ¼
Resistance should appear near 491 ½ to 492 ¾ and 505 ¾ to 506 ¾
MAY WHEAT
Resistance should appear near 690 ¾ to 691 ¾
Support should appear 643 to 641 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support is near 14210 to 14150.
Resistance should appear near 14530 to 14590
JUNE CATTLE
Support should appear near 13460 to 13340.
Resistance should appear near 13770 to 13830
APRIL HOGS
Support should appear near 11360 to 11300
Resistance should appear near 11817 and 11920 to 12030
JUNE HOGS
Support should appear near 12360 to 12320
Resistance should appear near 12680 to 12740.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 22190 to 22260 and 23540 to 23700 region.
Support should appear near 19530 to 19450 and 17900 to 17740 region.
MAY COCOA
Resistance should appear near 3036 to 3045.
Support should appear near the 2883 to 2874 region.
BW Traders can buy at 2887 and hold for higher prices.
MAY SUGAR
Resistance is near 1774 to 1780 and 1808 to 1822
Support should appear near 1738 to 1731 and 1696 to 1689
MAY COTTON
Support should appear near 9156 to 9140 and 9060 to 9044.
Resistance is at 9316 to 9347, beyond that a test of 9429 to 9445 is likely
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 12, 2014 3:45 PM South Florida Beach Time
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