FuturesCom Morning Investment Comments Thursday May 30, 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 May 29, 2013
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,290.00 then 15,125.00 and the 14,960.00 to 14.840.00 region.
Resistance should appear near 13,350.00 and 15,520.00.
JUNE E-MINI SP500
Resistance should appear near 1655.00 then 1672.00 and the 1689.00 to 1696.00 region.
Support should appear near 1642.00 then 1628.50 and the 1615.00 to 1609.00 region.
BW Traders can buy at 1616.00 for a bounce and risk a close under 1609.00 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear near 3493.00 to 3503.00 then 3528.00 and the 3553.00 to 3563.00 region.
Support should appear near 3443.00 to 3425.00 and the 3386.00 to 3377.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 2992.00 to 2972.00, below that a test of 2937.00 to 2928.00 is likely.
Resistance should appear near the 3036.00 to 3045.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1002.10 to 1003.70 and 1010.40 to 1013.60 region.
Support should appear near 983.70 to 982.10 and 973.70 to 970.60. Below that a test of 964.10 to 962.50 is likely to occur… BW Traders can buy at 964.30 for a bounce and risk a close under 961.80 for three days in a row.
SEPTEMBER 30 YR BOND
Resistance should appear near 141-07 and 141-21
Support should appear near 139-21 and 139-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 129-21 and 130-07
Support should appear near 128-21 and 128-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8391 to 8406 and 8484 to 8499.
Support should appear near 8353 and 8314 to 8300
JUNE JAPANESE YEN
Resistance should appear near 9921 to 9937 and 10021 to 10037
Support should appear near 9837 to 9821 and 9641 to 9625
JUNE EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region.
Resistance should appear near 12965 and the 13040 to 13100 region.
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JUNE SWISS FRANC
Resistance should appear near 10415 and 10470
Support should appear near 10360 then 10320 and the 10136 to 10104 region
JUNE BRITISH POUND
Support should appear near 14960 to 14840 region. BW Traders can buy at 14967 and risk a close under 14837 for three days in a row.
Resistance should appear near resistance should appear near 15125 and 15207.
JUNE CANADIAN DOLLAR
Resistance should appear near 9706 to 9737 and 9821 to 9837
Support should appear near 9542 to 9526 and 9445 to 9429
JUNE AUSSIE DOLLAR
Support should appear near 9542 to 9526 and 9445 to 9429
Resistance should appear near 9706 to 9737 and 9821 to 9837
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1399 and the 1415 to 1421 region.
Support is near 1383 to 1377 then1346 to 1334 and 1310 to 1304.
JULY COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860.
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 2185 to 2170 and 2134 to 2126
THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 9316 to 9347 and 9429 to 9445
Support should appear near 9156 to 9140 and the 9060 to 9044 region.
JULY HEATING OIL
Support should appear near 28290 to 28200 and the 27750 to 27580 region
Resistance should appear 28740 to 28830 and 29280 to 29370
JULY UNLEADED GAS
Support should appear near 27240 to 27160 and the 26720 to 26630 region
Resistance should appear near 28200 to 28290 and 28740 to 28830
JULY NATURAL GAS
Resistance should appear at 4238 to 4249 and 4304 to 4315.
Support should appear near 4120 to 4110 and 3929 to 3909.
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1496 to 1484 and 1459 to 1453.
Resistance should appear near 1529 to 1535 and 1569 to 1576.
NOVEMBER SOYBEANS
Support should appear near 1274 to 1268 and 1238 to 1232
Resistance should appear near 1304 to 1310 and 1334 to 1346
JULY SOYOIL
Resistance should appear near 4915 to 4926 and 4973 to 4995
Support should appear near 4856 to 4845 and 4785 to 4775
JULY SOYMEAL
Resistance should appear near 457.1 to 458.2 and 469.5 to 471.7
Support should appear near 438.1 to 437.0 and 431.5 to 430.4
JULY CORN
Support should appear 643 to 641 ¾ and 635 to 633 ¾
Resistance should appear near 674 ¼ to 675 ½ and 680 ¾ to 683 ¾
DECEMBER CORN
Support should appear 543 to 541 ¾ and 535 ¾ to 534 ½
Resistance should appear near 579 ¼ to 580 ½ and 585 ½ to 588
JULY WHEAT
Resistance should appear near 707 to 708 ¾. and 714 ¼ to 717
Support should appear near 691 ¾ to 690 ¾ and 675 ½ to 674 ¼
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11922 and 11817.
Resistance should appear near 12030 and 12172
OCTOBER CATTLE
Support should appear near 12382 to 12322.
Resistance should appear near 12457 and 12527
AUGUST HOGS
Support should appear near 9157 to 9140.
Resistance should appear near the 9317 to 9347 region.
OCTOBER HOGS
Support should appear near 8222 to 8192 and the 8132 to 8117 region.
Resistance should appear near 8300 to 8317 and 8392 to 8407.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 12380 to 12320
Resistance should appear near 13040 to 13100
JULY COCOA
Resistance should appear near 2219 to 2226 and 2267 to 2275
Support should appear near 2185 to 2170 and 2134 to 2126
JULY SUGAR
Resistance is near 1689 to 1696 and the 1731 to 1738 region.
Support should appear near 1655 to 1642 and 1615 to 1609
JULY COTTON
Support should appear near 8044 to 8029 and 7777 to 7763
Resistance is near 8194 to 8223 and 8300 to 8314
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 May 29, 2013
4:30 PM South Florida Beach Time
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FuturesCom Morning Futures Comments Thursday May 30, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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