Day Trading and Investment Comments Friday October 17, 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
Thursday October 16, 2014
1:00 PM, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 15,760.00 to 15,690.00 and the 15,350.00 to 15,290.00 region
Resistance is at 16,150.00 then 16,272.00 and 16,420.00 to 16,550.00
DOW JONES TRANSPORTS
Support should appear near 7954.00 to 7939.00 then 7777.00 to 7763.00 and 7513.00 to 7487.00
Resistance is at 8119.00 to 8134.00 and 8194.00 to 8223.00
DECEMBER E-MINI SP500
Resistance should appear near 1858.00 to 1865.00 and 1883.50
Support should appear near 1822.00 to 1808.00 and 1780.00 to 1774.00
NASDAQ COMPOSITE
Resistance should appear at 4238.00 to 4249.00 and 4304.00 to 4315.00
Support should appear near 4056.00 to 4044.00 and the 3929.00 to 3909.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 3682.00 to 3663.00 and 3623.00 to 3613.00
Resistance is at 3795.00 to 3806.00 and 3858.00 to 3867.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1096.00 to 1101.00
Support should appear near 1068.00 to 1058.00 then 1036.00 to 1032.00 and the 1013.60 to 1010.40 region.
DECEMBER 30 YR BONDS
Resistance should appear near 144-21 then 145-07 and 146-21
Support should appear near 142-21 and 141-18
DECEMBER 10 YR NOTE
Resistance should appear near 130-21 and 131-21
Support should appear near 127-17 and 126-12
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8560 to 8589 and 8668 to 8683
Support should appear near 8499 to 8484 and 8406 to 8391
DECEMBER JAPANESE YEN
Resistance should appear near 9706 to 9737
Support should appear near 9347 to 9316
DECEMBER EURO CURRENCY
Support should appear near 12740 to 12680 and 12530 and the 12380 to 12320 region.
Resistance should appear near 12812 then 12890 and the 13040 to 13100 region
DECEMBER SWISS FRANC
Resistance should appear near 10630 to 10680 and 10752
Support should appear near 10580 then 10530 and 10470
DECEMBER BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8934 to 8964
Support should appear near 8777 to 8762
DECEMBER AUSSIE DOLLAR
Support should appear near 8683 to 8668 and 8689 to 8560
Resistance should appear near 8762 to 8777 and 8856 to 8871
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1253.0 and 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0 and 1203.0 to 1192.0
DECEMBER COPPER
Resistance should appear near 30360 to 30450
Support should appear near 29370 to 29280 and 28830 to 28740
DECEMBER SILVER
Support should appear near 1696.00 to 1689.0 and 1655.0 to 1642.0.
Resistance is at 1774.0 to 1780.0 and 1808.0 to 1822.0
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 8044 to 8029 then 7954 to 7939 and 7864 to 7836
Resistance should appear near 8300 to 8314 and 8391 to 8406
DECEMBER BRENT CRUDE OIL
Resistance should appear near 8668 to 8682 and 8762 to 8777
Support should appear near 8406 to 8392 and 8314 to 8300
NOVEMBER HEATING OIL
Support should appear near 24190 to 24110 and 23700 to 23540
Resistance should appear 25110 to 25190 and 25520 to 25680
NOVEMBER UNLEADED GAS
Support should appear 20890 to 20800 and 19960 to 19820
Resistance should appear near 22190 to 22260 and 22670 to 22750.
NOVEMBER NATURAL GAS
Resistance should appear 3.858 to 3.867 and 3.909 to 3.929 and
Support should appear near 3.682 to 3.663 and 3.553 to 3.563.
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 934 ¾ to 931 ¾ and 915 ¾ to 914
Resistance should appear near 970 ¾ to 973 ¾ and 982 ¼ to 983 ¾
DECEMBER SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148
Resistance should appear near 3319 to 3328 and the 3377 to 3386 region.
DECEMBER SOYMEAL
Resistance should appear near 337.7 to 338.6 and 342.5 to 344.5
Support should appear near 315.7 to 314.8 and 310.2 to 309.2
DECEMBER CORN
Support should appear near 338 ¾ to 337 ¾ and 321 ¼ to 319 ¼
Resistance should appear near 355 ¼ to 356 ¼ and 361 ¼ to 362 ¼
DECEMBER WHEAT
Support should appear near 492 ¾ to 491 ¾ and 485 ¾ to 484 ½
Resistance should appear near 520 to 521 ¼ and 525 ¾ to 528 ¾
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16272 and 16150 to 16090
Resistance should appear near 16420 to 16550 and 16737
FEBRUARY CATTLE
Support should appear near 16272 and 16152 to 16092
Resistance should appear near 16422 to 16552 and 16722
DECEMBER HOGS
Support should appear near 8967 to 8932 and 8872 to 8862
Resistance should appear near 9327 to 9347 and 9422 to 9442
FEBRUARY HOGS
Support should appear near 8682 to 8667 and 8502 to 8482
Resistance should appear near 8762 to 8777 and 8852 to 8872
APRIL HOGS
Support should appear near 8782 to 8557 and 8502 to 8482
Resistance should appear near 8762 to 8777 and 8932 to 8967
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 22190 to 22260 and 22670 to 22750
Support should appear near 21340 to 21260 and 20890 to 20800
DECEMBER COCOA
Resistance should appear near 3148 to 3157 and 3194 to 3123
Support should appear near 3045 to 3036 and 2990 to 2972
MARCH SUGAR
Resistance is near 1689 to 1696.
Support should appear near 1615 to 1609
DECEMBER COTTON
Support should appear near 6350 to 6337 and 6190 to 6165
Resistance is at 6577 to 6591 and 6659 to 6673.
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
Thursday October 16, 2014 4:15 PM South Florida Beach Time
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