FuturesCom  Morning Investment Comments  Thursday November 29, 2012 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial-2

 

Wednesday November 28, 2012
2:00 PM South Florida Beach Time

“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-
 

                                          THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,740.00 to 12,680.00.
Resistance should appear near the 13,040.00 to 13,100.00 region.

 

DECEMBER E-MINI SP500
Resistance should appear near the 1415.00 to 1421.00 region.
Support should appear near the 1383.00 to 1377.00 region

 

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00
Support should appear near the 2937.00 to 2928.00 region.

 

DECEMBER E-MINI NASDAQ 100
Support should appear near 2620.00 to 2612.00 and 2590.00.
Resistance should appear near 2663.00 to 2672.00 which should cap a rally.

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 811.90 to 813.40 and 819.40 to 822.30
Support should appear near the 795.40 to 793.90 and 786.40 to 783.60.

 

MARCH 30 YR BOND
Resistance should appear near 150-07 and 150-21.

Support should appear near 149-21 and 149-07.

MARCH 10 YR NOTE
Resistance should appear near 133-21 and 134-07.
Support should appear near 133-07 and 132-21
       

 

                                   THE FRENZIED FOREX FRONT

 

DECEMBER DOLLAR INDEX
Resistance should appear near 8081 and 8119 to 8134
Support should appear near 8029 and 7991.

DECEMBER JAPANESE YEN
Resistance should appear near 12247 and 12320
Support should appear near 12175 and 12102
Stay tuned for flashes

DECEMBER EURO CURRENCY
Support should appear near 12890 and 12817
Resistance should appear near 12967 and 13040 to 13100.

DECEMBER SWISS FRANC
Resistance should appear near 10750 then 10820 and 10960 to 11010
Support should appear near the 10680 to 10580 region.

 

DECEMBER BRITISH POUND
Support should appear near 15922 and 15867
Resistance should appear near 16090 to 16150.

 

DECEMBER CANADIAN DOLLAR
Resistance should appear near 10104 to 10136.
Support should appear near 10037 to 10021

DECEMBER AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10630
Support should appear near 10360 to 10320

Trade Accordingly and stay tuned for Forex Flashes ….

 

 

            THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1731.0 to 1738.0.
Support is near 1696.00 to 1689.00.

MARCH COPPER
Resistance should appear near the 35530 to 35630 region. Beyond that sellers should appear 36130 to 36230 and cap a rally.
Support should appear near 35030 to 34930 and 34430 to 34250

MARCH SILVER
Resistance should appear near 3377.0 to 3388.0 and 3425 to 3443
Support is at 3328 to 3319 and 3270.0 to 3261.0
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8663 to 8668 and 8856 to 8871
Support should appear near 8589 to 8560 and 8499 to 8484

JANUARY HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280.
Resistance should appear near 30360 to 30450 and 30920 to 31020

JANUARY UNLEADED GAS
Resistance should appear near 27160 to 27240 and 27580 to 27750

Support should appear near 26720 to 26630 and 26200 to 26120

JANUARY NATURAL GAS
Resistance should appear at 3909 to 3939 and 4046 to 4056
Support should appear near 3743 to 3734 and 3682 to 3663

THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near the 1453 to 1459 region.

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

 

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

 

MARCH CORN
Support should appear near 760 /4 to 759 ¾ and 751 ¼ to 748 ¾.
Resistance should appear near 767 ½ to 768 ¾ and 776 ¼ to 777 ¾.

MARCH WHEAT
Resistance should appear near 893 ½ to 896 ½ and 904 ½ to 906

Support should appear near 877 ¾ to 876 ¼ and 868 ¼ to 866 ¾.

THE LIVELY LIVESTOCK
DECEMBER CATTLE

Support should appear near 12740 to 12680
Resistance should appear near 12817 and 12967

 

FEBRUARY CATTLE

Support should appear near 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460

DECEMBER HOGS

Support should appear near 8317 to 8302 and 8222 to 8192
Resistance should appear 8392 to 8407 and 8482 to 8502

FEBRUARY HOGS

Resistance should appear near 8772 to 8777 and the 8867 to 8887 region.

Support should appear near 8682 to 8667 and 8592 to 8562 region.
Aggressive Traders should go short if a close under 8557 occurs.

                                                   THE SATISFYING SOFTS

MARCH COFFEE
Support should appear near 15350 to 15290 and 14960 to 14840
Resistance should appear near 15690 to 15760 and 16090 to 16150

 

MARCH COCOA
Resistance should appear near 2511 to 2519
Support should appear near 2419 to 2411

MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858
Resistance should appear near 1945 to 1953 and 2034 to 2042.

MARCH COTTON
Support should appear near 7170 to 7143 and the 7088 to 7074 region.
Resistance is near 7328 to 7342 and 7414 to 7428

                               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 November 28, 2012
3:00 PM ET 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 November 29-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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