May 012013
 

FuturesCom  Morning Investment Comments  Thursday May 2, 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

palm-tree

Wednesday May 01, 2013

4:00 PM South Florida Beach Time

                                    THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 14,590.00 to 14,530.00 region.
Resistance should appear near 14,715.00 and the 14,840.00 to 14.960.00 region.

JUNE E-MINI SP500

Resistance should appear near 1591.50 and the the 1609.00 to 1615.00 region.

Support should appear near 1576.00 to 1569.00 and 1552.00

NASDAQ COMPOSITE
Resistance should appear near 3319.00 to 3328.00 and 3377.00 to 3386.00
Support should appear near 3270.00 to 3261.00 and 3213.00 to 3194.00

 

JUNE E-MINI NASDAQ 100
Support should appear near 2851 and the 2829 to 2820 region.
Resistance should appear near 2874.00 to 2883.00 and 2928.00 to 2937.00

JUNE E-MINI RUSSELL 2000

Resistance should appear near 931.60 to 934.70 and 942.90 to 944.50.
Support should appear near 915.60 to 914.00 and 906.00 to 904.40

JUNE 30 YR BOND
Resistance should appear near 149-21 and 150-07
Support should appear near 148-21 and 148-07.
JUNE 10 YR NOTE
Resistance should appear near 134-07 and 134-21
Support should appear near 133-21 and 133-07

                                           

                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8194 to 8223.
Support should appear near the 8134 to 8119 region

JUNE JAPANESE YEN
Resistance should appear near 10320 to 10360 region.
Support should appear near 10136 to 10104.

JUNE EURO CURRENCY
Support should appear near 13100 to 13040

Resistance should appear near 13220 and 13340
.   

JUNE SWISS FRANC
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10580

JUNE BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near resistance should appear near 15690 to 15760

JUNE CANADIAN DOLLAR
Resistance should appear near 9921 to 9937 and 10021 to 10037
Support should appear near 9837 to 9821

JUNE AUSSIE DOLLAR
Resistance should appear near 10267 and 10320 to 10360.
Support should appear near 10185 and 10136 to 10104.

 

 

 

 

 

            THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1471.50 and 1484.00 to 1496.00
Support is near 1453.00 then1437.0 and the 1421 to 1415 region.

JULY COPPER
Resistance should appear near 30920 to 31020 and 31480 to 31570
Support should appear near 29900 to 29720 and 29370 to 29280

JULY SILVER
Resistance should appear near 2411 to 2419 and 2461 to 2469.
Support is at 2354 then 2322 to 2315 and 2275 to 2267

THE EXCITING ENERGIES

JUNE CRUDE OIL
Resistance should appear near 9140 to 9156 and 9237

Support should appear near 8964 to 8934.

 

JUNE HEATING OIL
Support should appear near the 27240 to 27160 region.

Resistance should appear the 28200 to 28290
JUNE UNLEADED GAS
Support should appear near 26720 to 26630

Resistance should appear near 27580 to 27750

JUNE NATURAL GAS
Resistance should appear at 4370 to 4381 and 4425 to 4446
Support should appear near 4249 to 4238 and 4183 to 4163

 

 

THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1361 ½ and the 1346 to 1334 region.
Resistance should appear near 1377 to 1383 and 1399
JULY SOYOIL
Resistance should appear near 4915 to 4926
Support should appear near the 4785 to 4775.

JULY SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 418.3
Support should appear near 399.2 to 398.2 and 392.9 to 390.9

 

 

 

JULY CORN
Support should appear 643 to 641 ¼ and 635 to 633 ¾
Resistance should appear near 648 ¾ to 650 ¾ and 657 ¾ to 659 ¼


JULY WHEAT

Resistance should appear near 724 ¼ to 725 ½ and 732 ¾ to 734 ¼
Support should appear near 717 to 714 ¼ and 708 ¾ to 707 ½

 

 

THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12177 and 12030 to 11920
Resistance should appear near 12320 to 12380

JUNE HOGS

Support should appear near 9237 and the 9157 to 9142 region.
Resistance should appear near the 9312 to 9347 region

OCTOBER HOGS
Support should appear near the 8137 to 8117 region.
Resistance should appear near the 8300 to 8317 region

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13100 to 13040
Resistance should appear near 13770 to 13830.

JULY COCOA
Resistance should appear near 2411 to 2419

Support should appear near 2322 to 2315

JULY SUGAR
Resistance is near 1774 to 1780.

Support should appear near the 1696 to 1689 region.

 

JULY COTTON
Support should appear near 8314 to 8300 and the 8223 to 8194 region
Resistance is near 8484 to 8499 and 8560 to 8589

–A Ship in Harbor is Safe…But that is not what ships are built for –

Happy Trading!
Bill
wil@futurescom.com
Wednesday May 01, 2013
5:20 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 May 2, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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