Morning Investment and Day Trading Comments Tuesday December 17, 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
“Our greatest weakness lies in giving up.
The most certain way to succeed is always to try just one more time.” — Thomas A. Edison–
Monday December 16, 2013
7:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,842.00 and the 15,760.00 to 15,690.00 region where buyers should contain declines.
Nearby resistance is at 15,925.00. A close or extended trade over is friendly and augurs for an eventual test of 16,090.00 to 16,150.00.
MARCH E-MINI SP500
Resistance should appear near 1787.00 and 1794.00.
Support should appear near 1774.00 then 1765.00 and 1756.00.
NASDAQ COMPOSITE
Resistance remains appear near the 4046.00 to 4056.00 region. Beyond that a test of 4110.00 to 4120.00 is likely.
Support should appear near 4017.00 and 3992.00 to 3982.00.
MARCH E-MINI NASDAQ 100
Support should appear near 3443.00 to 3425.00.
Resistance is at 3493.00 to 3503.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear at 1122.70 and the 1130.00 to 1136.00 region.
Support should appear near 1115.50 then 1108.20 and 1101.00 to 1096.00
MARCH 30 YR BOND
Resistance should appear near 129-21 and 130-07.
Support should appear near 129-07, under that buyers should appear near 128-21.
MARCH 10 YR NOTE
Resistance should appear near 124-21and 125-07.
Support should appear near 123-21 and 123-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8044 then 8081 and the 8119 to 8134 region.
Support should appear near 7991 and the 7954 to 7939 region.
MARCH JAPANESE YEN
Resistance should appear near 9737 and 9821 to 9837.
Support should appear near 9641 to 9625, below that a test of 9542 to 9525 is likely.
MARCH EURO CURRENCY
Support should appear near 13692 and 13615.
Resistance should appear near the 13770 to 13830 region.
MARCH SWISS FRANC
Resistance should appear near 11300 to 11360.
Support is near 11227 and 11155.
MARCH BRITISH POUND
Support should appear near 16222 and the 16150 to 16090 which should contain declines.
Resistance remains near 16420 to 16550.
MARCH CANADIAN DOLLAR
Resistance should appear near 9429 to 9445 and 9478 beyond that sellers should appear near
9529 to 9542 and cap a rally.
Support should appear near 9347 to 9316 and should contain declines in the short term.
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856, below that a trade towards 8777 to 8762 is likely to occur.
Resistance should appear near 8934 to 8964 and 9044 to 9060. Trade Accordingly….
THE PRECIOUS METALS
FEBRUARYGOLD
Nearby resistance should appear near 1253.00, beyond that a test of 1268.0 to 1274.0 is likely.
Support remains near 1238.0 to 1232.0.
MARCH COPPER
Resistance should appear near 33770 to 33860 and the 32250 to 34430.
Support should appear near 33190 and 32700 to 32610
MARCH SILVER
Support should appear near 1953 to 1946 and 1909 to 1902.
Resistance is at 2034 to 2042 and 2080 to 2089.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9821 to 9837 and 9921 to 9937
Support should appear near 9737 to 9706 and 9641 to 9625
FEBRUARY BRENT CRUDE OIL
Resistance should appear near 10960 to 11010 and the 11300 to 11360 region.
Support should appear near 10820 and 10680 to 10580.
FEBRUARY HEATING OIL
Support should appear near should appear near 29720 and 29370 to 29280.
Resistance should appear 30360 to 30450.
FEBRUARY UNLEADED GAS
Support should appear near the 26200 to 26120
Resistance should appear near 26630 to 26720 and 27160 to 27240.
FEBRUARY NATURAL GAS
Resistance should appear at 4370 to 4381 and 4571 to 4582
Support should appear near 4249 to 4238 and 4183 to 4163.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1310.00 1304 region.
Resistance should appear near 1334 to 1346
MARCH SOYOIL
Resistance should appear near 4110 to 4120.
Support should appear near 3992 to 3982 region.
MARCH SOYMEAL
Resistance should appear near 430.4 to 431.5 and the 437.0 to 438.1region.
Support should appear near 418.3 to 416.3 and 412.0 to 411.0.
MARCH CORN
Support should appear near and 418 ¼ to 416 ¼ and 412 to 411.
Resistance should appear near 430 ½ to 431 ½ and the 437 to 438 ¼ region.
MARCH WHEAT
Resistance should appear near 633 ¾ to 635 and 641 ¾ to 643.
Support should appear near 619 to 616 ½ and the 603 ½ to 602 ¾ region.
Stay tuned for Grain Flashes.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13237 and 13100 to 13040.
Resistance should appear near 13400 to 13460 and 13530.
FEB HOGS
Support should appear near the 8592 to 8557 region a close under is negative and augurs for a test of 8407 to 8392.
Resistance should appear near 8757 to 8772 and the 8857 to 8872 region.
APRIL HOGS
Support should appear near the 9062 to 9042 region. Below that buyers should appear near
8967 to 8932.
Resistance should appear near 9137 to 9157 and 9237.
JUNE HOGS
Support should appear near 9922 and the 9837 to 9822 region.
Resistance should appear near 10022 to 10037.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11500 and 11360 to 11300
Resistance should appear 11640 to 11690 above that a test of 11920 to 12030 is likely.
Stay tuned for Flashes.
MARCH COCOA
Resistance should appear near 2820 to 2829.
Support should appear near 2774 to 2758.
MARCH SUGAR
Resistance is near 1642 to 1655.
Support should appear near 1615 to 1609.
MARCH COTTON
Support should appear near 8314 to 8300 and 8223 to 8194.
Resistance is at 8392 to 8406 and 8484 to 8492
Stay tuned for flashes.
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 16, 2013 8:15 PM South Florida Beach Time
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