Aug 262013
 

FuturesCom  Morning Investment Comments  Tuesday August 27, 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 

Monday August 26, 2013

4:00 PM South Florida Beach Time

 

                              THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 14,840.00 and 14,715.00

Resistance should appear near 14960.00 and 15,125.00

 

SEPT E-MINI SP500

Resistance should appear near 1672.00 and the1689 to 1696 region.
Support should appear near 1655.00 to 1642.00. Below that buyers should appear near 1628.50.

 

NASDAQ COMPOSITE

Resistance should appear near 3663 to 3682, beyond that a test of 3734.00 to 3743 is likely and should cap a rally for a bit.

Support should appear near 3623 to 3613 and 3563.00 to 3553.00 .

SEPT E-MINI NASDAQ 100

Support should appear near 3102.00 to 3092.00 and 3045.00 to 3036.00. BW Traders can buy at 3103.00 and risk a close under 3087.00 for three days in a row.
Resistance should appear near 3148.00 to 3157.00 region.


SEPT E-MINI RUSSELL 2000

Resistance should appear at 1047.00 and the 1058.00 to 1068.00 region.

Support should appear near the 1036.00 to 1032.00 and 1023.70


DEC 30 YR BOND

Resistance should appear near 131-07 and 131-21 and 132-07.
Support should appear near 130-07 and 129-21.

DEC 10 YR NOTE

Resistance should appear near 124-07 and 124-21. Beyond that sellers should appear near 125-07.

Support should appear near 123-07 and 123-21         

         

                                                  THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 8194 to 8223.

Support should appear near 8134 to 8119 region.

SEPT JAPANESE YEN

Resistance should appear near 10187. BW Traders can sell at 10182 and hold for lower prices.

Beyond that sellers should appear near 10237 and the 10320 to 10360 region and cap a rally.

Support should appear near 10136 to 10104, a close under is negative and augurs for a test of 10034 to 10021 and the 9937 to 9921 region.  BW Traders should go short if a close under 10101 occurs

 

SEPT EURO CURRENCY

Support should appear near 13340 then 13265 and 13220.
Resistance should appear near 13400 to 13460.


SEPT SWISS FRANC

Resistance should appear near 10960 to 11010.

Support should appear near 10820 and 10750.


SEPT BRITISH POUND

Support should appear near 15525 and the 15350 to 15290 region.
BW Traders can buy at 15527 and risk a close under 15487 for three days in a row.

Resistance should appear near the 15690 to 15760 region.


SEPT CANADIAN DOLLAR

Resistance should appear near 9525 to 9546 and 9625 to 9641.

Support should appear near 9445 to 9429, below that a test of 9347 to 9316 is likely.

SEPTEMBER AUSSIE DOLLAR

Support should appear near 8964 to 8934 and the 8871 to 8856 region.
Resistance should appear near 9044 to 9060 and the 9140 to 9156 region.

 

                                          THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1415 to 1421, a close over is friendly and augurs for a test of
1453 to 1459.

Support is near 1399 then 1392 and 1383 to 1377.

DEC COPPER
Resistance should appear near 33770 to 33860.

Support should appear near 32750 to 32610


DECEMBER SILVER

Support should appear near 2419 to 2411 and 2370 to 2354. BW Traders can buy at 2327 and hold for higher prices.

Resistance is at 2461 to 2469 and the 2511 to 2519 region.                                                                   

                  

                                                        THE EXCITING ENERGIES

OCT CRUDE OIL

Resistance should appear near 10680.  A close over is friendly and augurs for a test of 10815 and eventually the 10960 to 11010 region.

Support should appear near 10580 and 10470.


OCT HEATING OIL

Support should appear near should appear near the 30450 and 30360 region.
Below that 29900 to 29720 should hold.
Resistance should appear 30920 to 31020 and 31480 to 31570.


OCT UNLEADED GAS

Support should appear near 28290 to 28200 and the 28290 to 28200 region.

Resistance should appear near 29280 to 29370 and 30360 to 30450.


OCT NATURAL GAS

Resistance should appear at 3613 to 3623, beyond that a test of 3662 to 3682 is likely.

Support should appear near 3442 to 3425 and 3328 to 3319 which should hold.

              

 

 

 

 

 

 

 

                                             THE GRANDE’ GRAINS

NOV SOYBEANS

Support should appear near 1383 to 1377 and 1346 to 1334.

Resistance should appear near 1415 to 1421 and 1453 to 1459

DEC SOYOIL

Resistance should appear near 4503 to 4514 and 4571 to 4582
Support should appear near 4446 to 4425 and 4381 to 4370.

DEC SOYMEAL

Resistance should appear near 442.5 to 444.6 region. Beyond that sellers should appear near 457.1 to 458.2 and cap a rally.

Support should appear near 431.5 to 430.4 and 424.9 to 423.8.

 

DEC CORN

Support should appear near 499 ½ to 497 ¼ then 492 ¾ to 491 ½ and 485 ¾ to 484 ½

Resistance should appear near 512 ¾ to 513 ¾ and 525 ¾ to 528 ¼


DEC WHEAT

Resistance should appear near 674 ¾ to 675 ½ then 680 ¼ to 683 ¾ and 690 ¾ to 691 ¾

Support should appear near 659 ½ to 657 ¾ and 650 ¾ to 648 ¾.

THE LIVELY LIVESTOCK

OCT CATTLE

Support should appear near 12680 and 12607.
Resistance should appear near 12740, a close over is friendly and augurs for a test of 12817.

 

DEC CATTLE

Support should appear near 12967 and 12892.
Resistance should appear near 13040 to13100

 

 

 

 

OCT HOGS
Support should appear near 8587 to 8557 and 8507 to 8482.
Resistance should appear near 8667 to 8682 and 8777 to 8762.

DEC HOGS         

Support should appear near 8222 to 8192 and 8137 to 8117.

Resistance should appear near 8392 to 8407 and the 8482 to 8492 region.

 

FEB HOGS
Support should appear near 8502 to 8407 and 8407 to 8392.

Resistance should appear near 8557 to 8587 and 8668 to 8682.           

 

 

                                                               THE SATISFYING SOFTS

DEC COFFEE

Support should appear near 11690 to 11640 and 11360 to 11300
Resistance should appear near 11920 to 12030 and the 12320 to 122380 region.

 

DECEMBER COCOA

Resistance should appear near 2511 to 2519 and the 2552 to 2588 region.

Support should appear near the 2419 to 2411 region. Below that buyers should appear near 2370 to 2354. BW Traders can buy at 2377 and risk a close under 2312 for three days in a row.

OCTOBER SUGAR

Resistance is near 1689 to 1696 and 1731 to 1738 region.
Support should appear near 1655 to 1642 and 1615 to 1609.

 

 

 

 

 

 

DEC COTTON

Support should appear near 8406 to 8392 and 8314 to 8300.
Resistance is 8668 to 8683 and the 8762 to 8777.

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

Monday August 26, 2013 5:15 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.

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