FuturesCom Morning Investment Comments Tuesday December 04, 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
“There is only one side of the market and it is not the bull side or the bear side, but the right side.” –Jesse Livermore–
Monday December 03, 2012
3:30 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance should appear near the 13,100.00 to 13,040.00 region .Beyond that sellers should appear near the 13,3400 to 13,460.00 region and cap a rally.
DECEMBER E-MINI SP500
Resistance remains near the 1415.00 to 1421.00 region. Beyond that a trade towards 1437 and the 1454 to 1459 is likely.
Support should appear near 1399.00 and the 1383.00 to 1374.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00, a close over is friendly and augurs for a test of the 3092.00 to 3102.00 region.
Support should appear near 2990.00 to 2972.00 , a close under is negative and augurs for a test of 2938.00 to 2937.00, below that buyers should appear near 2883.00 to 2874.00 and contain a decline.
DECEMBER E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00 and the 2620.00 to 2512.00 region.
Resistance should appear near 2716.00 to 2724.00, a close over is friendly and augurs for a test of
2758.00 to 2775.00, beyond that sellers should appear near 2820.00 to 2829.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 822.30 and 830.00 to 831.40.
Support should appear near 813.40 to 811.909 and the 804.40 to 802.90 region
MARCH 30 YR BOND
Resistance should appear near 150-07 and 151-21.
Support should appear near 149-21 and 149-07.
MARCH 10 YR NOTE
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-07 and 132-21.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7991 and the 7954 to 7939 region.
BW Traders can buy at 7957 and hold for higher prices.
MARCH JAPANESE YEN
Resistance should appear near 12175 and the 12320 to 12380 region. .
Support should appear near the 12030 to 11920 region.
Stay tuned for flashes
MARCH EURO CURRENCY
Support should appear near 13040 and 12965
Resistance should appear near 13100 then 13155 and 13220
MARCH SWISS FRANC
Resistance should appear near 10890 and the 10960 to 11010 region.
Support should appear near 10750 below that a test of 10680 to 10580 is likely.
MARCH BRITISH POUND
Support should appear near 15922 and the 15760 to 15690 region.
Resistance should appear near 16090 to 16150.
MARCH CANADIAN DOLLAR
Resistance remains near 10104 to 10136.
Support should appear near 10037 to 10021
MARCH AUSSIE DOLLAR
Resistance should appear near 10360 then 10415 and 10470
Support should appear near 10320, a close under is negative and augurs for a test of 10237
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1731.0 to 1738.0. Beyond that sellers should appear near
1756.0 and the 1774.0 to 1780.0 region.
Support is near 1696.00 to 1689.00 failure there is negative and augurs for a test of 1655.0 to 1642.
MARCH COPPER
Resistance should appear near 36630 to 36820 and the 37340 to 37450 region.
Support should appear near 36230 to 36130 and the 35630 to 35530 region.
MARCH SILVER
Resistance should appear near the 3377 to 3386 region. Beyond that sellers should appear near the 3425 to 3443 region.
Support is at 3328 to 3319 and 3213 to 3194
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8934 to 8964 and the 9044 to 9060 region, which should cap a rally.
Support should appear near 8871 to 8856 and the 8777 to 8762 region.
JANUARY HEATING OIL
Support should appear near 30450 to 30360 and the 29900 to 29720 region.
Resistance should appear near the 30920 to 31020. Above that a test of 31480 to 31570 is likely.
JANUARY UNLEADED GAS
Resistance should appear near 27580 to 27750 and the 28200 to 28290 region.
Support should appear near 26720 to 26630 and 26200 to 26120
Stay tuned for Energy Flashes
JANUARY NATURAL GAS
Resistance should appear at 3613 to 3623 and the 3663 to 3682 region.
Support should appear near 3443 to 3425 and the 3386 to 3377 region
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1421 to 1415.
Resistance should appear near 1459 and the 1484 to 1496 region.
JANUARY SOYOIL
Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.
Support should appear near 4995 to 4973 and 4926 to 4915
JANUARY SOYMEAL
Resistance should appear near 442.5 to 444.6 and the 450.30 to 451.40 region
Support should appear near 438.1 to 437.0 and 431.5 to 430.4.
MARCH CORN
Support should appear near 751 ¾ to 748 ¾ and the 742 ¾ to 741 ½ region.
Resistance should appear near 758 ¾ to 760 ¼ and the 776 ¾ to 777 ¾ region.
MARCH WHEAT
Resistance should appear near 866 ¼ to 868 ¾ and 876 ½ to 877 ¾
Support should appear near 858 ¾ to 856 and the 849 ¾ to 848 ½ region.
Stay Tuned for Grain Flashes
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13040 and 12957.
Resistance should appear near 13100 and 13157.
APRIL CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13557 and 13617
FEBRUARY HOGS
Resistance should appear near 8662 to 8687 and 8772 to 8777.
Support should appear near 8592 to 8562.. Below that a test of the 8502 to 8497 region is likely.
APRIL HOGS
Support should appear near 9062 to 9042 and 8967 to 8937.
Resistance should appear 9100 and 9137 to 9157
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14960 to 14840 and the 14210 to 14150 region.
Resistance should appear near 15290 to 15350 and 15690 to 15760.
MARCH COCOA
Resistance should appear near 2511 to 2519 and the 2552 to 2568 region. Beyond that sellers should appear near 2612 to 2620.. BW Traders can sell at 2609 and hold for lower prices. Risk a close over 2622 for three days in a row
Support should appear near 2469 to 2461 and the 2419 to 2411 region. .
MARCH SUGAR
Support is at 1909 to 1902 and the 1865 to 1858 region.
Resistance should appear near 1982 to 1996 and 2034 to 2042.
BW Traders can Sell at 2032 and risk a close over 2091 for three days in a row.
MARCH COTTON
Support should appear near 7170 to 7143 and the 7088 to 7074 region. Below that a test of 7003 to 6990 is likely.
Resistance is near 7414 to 7428. Beyond that sellers should appear near 7763 to 7777 and cap a rally.
BW Traders can sell at 7755 and Hold for lower prices..
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 December 3, 2012
4:10 PM South Florida Beach Time
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FuturesCom Morning Futures Comments Tuesday December 04 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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