If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of the ten thousand brothers or cousins of the original. The mistake family is so large that there is always one of them around… –Reminiscences of a Stock operator –

 Morning Investment and Day Trading Comments  Thursday October 24, 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 October 23 2013
4:25 PM South Florida Beach Time

                                         THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE

Support should appear near the 15,350.00 to 15,290.00. Below that 15,125.00 should hold.

Resistance should appear near 15,520.00. Beyond that sellers should appear near 15,690.00 to 15,760.00 and cap a rally.

DEC E-MINI SP500

Resistance should appear near 1756.00 and 1774.00 to 1780.00.
Support should appear near the 1738.00 to 1731.00.

 

 

NASDAQ COMPOSITE

Resistance should appear near 3909.00 to 3939.00 and 3982.00 to 3992.00.

Support should appear near 3867.00 to 3858.00

DEC E-MINI NASDAQ 100

Support should appear near 3328.00 to 3319.00.

Resistance should appear near 3377.00 to 3386.00

DEC E-MINI RUSSELL 2000

Resistance should appear at 1130.00 to 1136.00.

Support should appear near 1101.00 to 1096.00

DEC 30 YR BOND

Resistance should appear near 135-21 and 136-07
Support should appear near 135-07 and 134-07

DEC 10 YR NOTE

Resistance should appear near 128-07 and 128-21

Support should appear near 127-07 and 126-21.                 

 

                                                  THE FRENZIED FOREX FRONT

DEC DOLLAR INDEX

Resistance should appear near 7939 to 7954

Nearby support should appear near 7864 to 7836

DEC JAPANESE YEN
Resistance should appear near 10320 to 10360.

BW Traders can Sell at 10313 and hold for lower prices.
Support should appear near 10237 to 10228 and 10185.

 

 

 

DEC EURO CURRENCY

Support should appear near 13770 and 13690.
Resistance should appear near the 13830 region and should cap rallies.

DEC SWISS FRANC

Resistance should appear near 11227 and 11300 to 11360
BW Traders can sell at 11297 and hold for lower prices.

Support should appear near 11155 and 11010 to 10960.

 

DEC BRITISH POUND

Support should appear near 16150 to16090.

Resistance should appear near 16282 and the 16420 to 16550 region.

 

DEC CANADIAN DOLLAR

Resistance should appear near 9625 to 9641

Support should appear near 9542 to 9526

DEC AUSSIE DOLLAR

Support should appear near the 9542 to 9526 region.
Resistance should appear near 9625 to 9641

                                                        THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1334.0 to 1346.0 and 1362.0.

Support is near 1322.0 and 1310.0 to 1304.0

DEC COPPER
Resistance should appear near 33190 to 33280

Support should appear near 32130 to 31940

 

 

 

DECEMBER SILVER

Support should appear near 2226 to 2219.

Resistance is at 2315 to 2322.                                                                                

                                                         THE EXCITING ENERGIES

DEC CRUDE OIL

Resistance should appear near 9821 to 9837

Support should appear near 9706 and 9641 to 9625

DEC HEATING OIL

Support should appear near should appear near 28830 to 28740

Resistance should appear 29720 to 29900

DEC UNLEADED GAS

Support should appear near 25190 to 25110.

Resistance should appear near 25520 to 25680

 

DEC NATURAL GAS

Resistance should appear at 3734 to 3743 and 3795 to 3806

Support should appear near 3682 to 3663 and 3623 to 3613

 

                                            THE GRANDE’ GRAINS

JAN SOYBEANS

Support should appear near 1304 and 1289.

Resistance should appear near 1310 and 1322

DEC SOYOIL
Resistance should appear near 4238 to 4249.
Support should appear near 4120 to 4110.

DEC SOYMEAL

Resistance should appear near 423.8 to 424.9 and 430.4 to 431.5

Support should appear near 418.3 to 416.3 and 412.0 to 411.0

DEC CORN

Support should appear near and 442 ½ and 438 ¼ to 437.

Resistance should appear near 457 ¼ to 458 ¼ and 463 ¾ to 465.

DEC WHEAT

Resistance remains near 707 ½ to 708 ¾ and the 714 ¼ to 717 region.

Support should appear near support should appear near 691 ¾ to 690 ¾ and 675 ¾ to 674 ½.
                                                          THE LIVELY LIVESTOCK

DEC CATTLE

Support should appear near 13222 and 13100 to 13040.

Resistance should appear near 13340 to 13460.

 

FEB CATTLE
Support should appear near 13340 and 13227

Resistance should appear near 13462 and 13530

 

DEC HOGS         

Support should appear near 8777 to 8762 and 8682 to 8662.

Resistance should appear near 8857 to 8872 and 8932 to 8962

FEB HOGS
Support should appear near 8967 to 8932 and the 8872 to 8857 region.

Resistance should appear near 9042 to 9062 and the 9137 to 9157 region.

 

APRIL HOGS

Support should appear near 8967 to 8932.
Resistance should appear near the 9137 to 9157 region.

JUNE HOGS

Support should appear near 9642 to 9622 and 9542 to 9527.

Resistance should appear near 9707 to 9737 region.

 

                                                THE SATISFYING SOFTS

DEC COFFEE

Support should appear near the 11010 to 10960 region.

Resistance should appear near 11640 to 11690

 

DECEMBER COCOA

Resistance should appear near 2758 to 2775. Beyond that a trade towards 2820 to 2829 is likely.

Support should appear near the 2672 to 2663 and the 2620 to 2612 region.  BW Traders can buy at 2673 and hold for higher prices Stay tuned for Flashes

MARCH SUGAR

Resistance is near 1946 to 1953 and 2034 to 2042

Support should appear near the 1909 to 1902 and 1865 to 1858. BW Traders can buy at 1867 and risk a close under 1851 for three days in a row.

DEC COTTON

Support should appear near 8044 to 8029 and 7954 to 7939
Resistance is at 8119 to 8134 and 8194 to 8223.

 

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 October 23, 2013 5:30 PM South Florida Beach Time

 

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