Day Trading and Investment Comments Tuesday December 02, 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
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk-” -Reminiscences of a Stock operator-
Monday December 01, 2014
12:00 Noon, South Florida Beach Time
Traders should stay nimble and stay tuned flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,740.00 and 17,560.00
Resistance is at the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS
Support should appear near 8871.00 to 8856.00
Resistance is at 9044.00 to 9060.00
DECEMBER E-MINI SP500
Resistance should appear near 2061.50 and 2080.00 to 2089.00
Support should appear near 2042.00 to 2034.00 and 2015.00
NASDAQ COMPOSITE
Resistance should appear at 4775.00 to 4785.00 and 4845.00 to 4856.00.
Support should appear near 4717.00 to 4695.00 and 4650.00 to 4639.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 4249.00 to 4238.00 and 4183.00 to 4163.00
Resistance is at 4304.00 to 4315.00 and 4370.00 to 4381.00.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00
Support should appear near 1150.00 and 1136.00 to 1130.00.
MARCH 30 YR BONDS
Resistance should appear near 142-21 and 143-17
Support should appear near 141-21 and 141-08
MARCH 10 YR NOTE
Resistance should appear near 127-21 and 128-08
Support should appear near 126-22 and 126-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8856 to 8871.
Support should appear near 8777 to 8762 and 8722
MARCH JAPANESE YEN
Resistance should appear near 8560 to 8589 and 8668 to 8683.
Support should appear near 8406 to 8391, below that a test of 8314 to 8300 is likely
MARCH EURO CURRENCY
Support should appear near the 12380 to 12320
Resistance should appear near 12530 and the 12605.
MARCH SWISS FRANC
Resistance should appear near 10470 and 10580 to 10630
Support should appear near 10360 to 10320.
MARCH BRITISH POUND
Support should appear near 15527 and 15350 to 15290
Resistance should appear near 15760 and 15812.
MARCH CANADIAN DOLLAR
Resistance should appear near 8856 to 8871region. BW Traders can sell at 8817 and hold for lower prices. Risk a close over 8877 for three days in a row.
Support should appear near 8777 to 8762 and 8683 to 8668.
MARCH AUSSIE DOLLAR
Support should appear near 8406 to 8391 and 8314 to 8300
Resistance should appear near 8484 to 8499 and 8560 to 8589
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1232.0 to 1238.0
Support should appear near 1203 to 1192.
MARCH COPPER
Resistance should appear near the 29280 to 29370 region. Beyond that sellers should appear near
29720 to 29900.
Support should appear near 28290 to 28200 then 27750 to 27580 .
MARCH SILVER
Support should appear near 1615.0 to 1609.0 and 1535.0 to 1529.0.
Resistance is at 1689.0 to 1696.0 and 1731 to 1738
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Support should appear near 6755 to 6743 and 6673 to 6659
Resistance should appear near 6919 and the 6990 to 7003 region.
FEBRUARY CRUDE OIL
Support should appear near 6755 to 6743 and the 6591 to 6577 region.
Resistance should appear near 6990 to 7003 and 7074 to 7088
BW Traders should go short if a close under 6737 occurs.
JANUARY BRENT CRUDE OIL
Support should appear near 7170 to 7143 then 7003 to 6990 and 6836 to 6809
Resistance should appear near 7328 to 7342 and 7414 to 7428
JANUARY HEATING OIL
Support should appear near 21850 to 21700 then 21340 to 21260 and the 20890 to 20800 region.
Resistance should appear 22190 to 22260. Beyond that sellers should appear near 22670 to 22750 and 22900. BW Traders can sell at 22650 and hold for lower prices.
JANUARY UNLEADED GAS
Support should appear 18220 to 18080 and the 17800 to 17740 region.
Resistance should appear near 19020 to 19090 and 19460 to 19530
JANUARY NATURAL GAS
Support should appear near 3.929 to 3.909 and the 3.867 to 3.868 region.
Resistance should appear near 4.046 to 4.056 and 4.110 to4.120
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1013 ¾ to 1010 ½ and 973 ¾ to 970 ¾.
Resistance should appear near 1032 to 1036.
JANUARY SOYOIL
Support should appear near 3157 to 3148 and the 3102 to 3092 region.
Resistance should appear near 3261 to 3270 and the 3377 to 3386 region.
BW Traders can sell at 3371 and hold for lower prices.
JANUARY SOYMEAL
Resistance should appear near 366.3 to 368.2 and 373.4 to 373.4
Support should appear near 356.3 to 355.3 and 344.3 to 342.5
MARCH CORN
Support should appear near 380 ¾ to 379 ½ and 374.3 to 373.4
Resistance should appear near 390 ¾ to 392 ¾ and 398 ¼ to 399 ¼
MARCH WHEAT
Support should appear near 588 to 585 ½
Resistance should appear near 616 ½ to 619
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 16960 to 16890
Resistance should appear near 17310 to 17380
APRIL CATTLE
Support should appear near 16890 and 16722
Resistance should appear near 17122 and 17227
FEBRUARY HOGS
Support should appear near 8777 to 8762 and the 8682 to 8667 region.
Resistance should appear near 8932 to 8967 and 9037 to 9067.
BW Traders can sell at 9037 and hold for lower prices
APRIL HOGS
Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9237 and the 9312 to 9347 region.
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 19460 to 19530 and 19820 to 19960
Support should appear near the 18220 to 18020 and 17380 to 17310
MARCH COCOA
Resistance should appear near 2928 to 2937 and the 3036 to 3045 region…
Support should appear near 2829 to 2820 and 2775 to 2758.
MARCH SUGAR
Resistance is near 1569 to 1575 and the 1609 to 1615 region.
Support should appear near 1535 to 1529 below that a test of 1459 to 1453 is likely.
MARCH COTTON
Support should appear near 5880 to 5855 and 5729 to 5716
Resistance is at 6023 to 6035 and 6165 to 6190
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 01, 2014 2:40 PM South Florida Beach Time
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