X

Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs -Tuesday February 04-2014 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

Morning Investment and Day Trading Comments Tuesday February 4, 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

Monday February 03, 2014

4:00 PM, South Florida Beach Time.

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 14,960.00 to 14,840.00 and 14,590.00 to 14,530.00

Resistance is at 15,690.00 to 15,760.00 and the16.090.00 to 16,150.00 region.

MARCH E-MINI SP500

Resistance should appear near 1756.00 and 1774.00 to 1780.00.

Support should appear near 1731.00 and 1713.50

NASDAQ COMPOSITE

Resistance should appear near 4046.00 to 4056.00 and 4110.00 to 4120.00

Support should appear near 3992.00 to 3982.00 and 3929.00 to 3909.00

MARCH E-MINI NASDAQ 100

Support should appear near 3386.00 to 3377.00

Resistance is at 3493.00 to 3503.00

MARCH E-MINI RUSSELL 2000

Resistance should appear at 1096.00 to 1101.00 and 1130.00 to 1136.00

Support should appear near 1068.00 to 1058.00

Stay tuned for Flashes and trade accordingly

MARCH 30 YR BOND

Resistance should appear near 135-07 and 135-21

Support should appear near 134-21 and 134-07.

MARCH 10 YR NOTE

Resistance should appear near 126-21 and should cap the rally.

Beyond that sellers should appear near 127-07

Support should appear near 126-07 and 125-21

THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 8119 to 8134 and the 8194 to 8223 region.

Support should appear near 8081 and 8044 to 8029

MARCH JAPANESE YEN

Resistance remains near 9921 to 9937

Support should appear near 9737 to 9706.

Stay tuned for Flashes.

MARCH EURO CURRENCY

Support remains near 13460 to 13340 region

Resistance should appear near 13615 and 13690

MARCH SWISS FRANC

Resistance should appear near 11155 and 11187

Support is near 11010 to 10960.

MARCH BRITISH POUND

Support should appear near 16150 to 16090

Resistance remains near 16420 to 16550

MARCH CANADIAN DOLLAR

Resistance should appear near 9044 to 9060, beyond that a test of 9140 to 9156 is likely and should

cap a rally. BW Traders can sell at 9137 and risk a close over 9157 for three days in a row.

Support should appear near the 8964 to 8934 region. Below that a trade toward 8871 to 8856 is likely.

MARCH AUSSIE DOLLAR

Support should appear near 8683 to 8668, failure to hold is negative and augurs for a test of 8589 to

8560 and eventually the 8314 to 8300 region.

Resistance should appear near 8762 to 8777 and 8856 to 8871. Beyond that sellers should appear

near 9044 to 9060.

THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1268.0 to 1274.0 and 1304.0 to 1310.0

Support should now appear near 1238.0 to 1232.0, below that some buyers should appear near

1203.0 to 1192.0.

MARCH COPPER

Resistance should appear near 31940 to 32140, a close over is friendly and augurs for a test of 32610

to 32700

Support should appear near the 31570 to 31480 region.

MARCH SILVER

Support should appear near 1909 to 1902, below that a test of 1865 to 1858 is likely

Resistance is at 1946 to 1953 and 1982 to 1996

THE EXCITING ENERGIES

MARCH CRUDE OIL

Resistance should appear near 9821 to 9837

Support should appear near the 9542 to 9526 region.

MARCH BRENT CRUDE OIL

Resistance should appear near 10680 and 10820.

Support should appear near 10580 region failure to hold is negative and augurs for a test of 10360 to

10320. Where buyers should appear and contain declines.

MARCH HEATING OIL

Support should appear near should appear near 29900 to 29720 and 29370 to 29280 region.

Resistance should appear the 30360 to 30450 region.

MARCH UNLEADED GAS

Nearby Support should appear 26120 and 25680 to 25520.

Resistance should appear near 27160 to 27240 and 27580 to 27750

MARCH NATURAL GAS

Resistance should appear at 5056 to 5067 and 5127 to 5139

Support should appear near 4926 to 4915 and 4856 to 4845

THE GRANDE’ GRAINS

MARCH SOYBEANS

Support should appear near 1274 to 1268.

Resistance should appear near the 1304 to 1310 region.

MARCH SOYOIL

Resistance should appear near 3858 to 3867 and 3909 to 3929.

Support should appear near 3743 to 3734 and the 3682 to 3663 region which should contain a decline.

MARCH SOYMEAL

Resistance should appear near 437.0 to 438.1 and 442.5 to 444.6

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

MARCH CORN

Support should appear near the 431 ½ to 430 ½

Resistance should appear near 437 to 438 ¼

MARCH WHEAT

Resistance should appear near 564 to 565 ¼ and 571 ¾ to 572 ¾.

Support should appear the 550 ¼ to 549 ¼ region. Below that a test of 535 ¾ to 534 ½ region is likely.

THE LIVELY LIVESTOCK

APRIL CATTLE

Support should appear near 13830 to 13770

Resistance should appear near 13990 and the 14150 to 14210 region.

JUNE CATTLE

Support should appear near 13100 to 13040

Resistance should appear near the 13340 to 13460.

FEB HOGS

Support should appear near 8407 to 8392

Resistance should appear near 8557 to 8592

APRIL HOGS

Support should appear near 9157 to 9142 and the 9062 to 9042 region.

Resistance should appear near 9317 to 9347 and 9427 to 9442.

JUNE HOGS

Support should appear near 10362 to 10322

Resistance should appear near 10467 and 10580 to 10680

Stay tuned for Livestock flashes.

THE SATISFYING SOFTS

MARCH COFFEE

Support should appear near 13460 to 13340 and 13100 to 13040

Resistance should appear 13770 to 13830 and 14150 to 14210

MARCH COCOA

Resistance should appear near 2928 to 2937 and the 2972 to 2990 region.

Support should appear near 2883 to 2874 and 2829 to 2820

MARCH SUGAR

Resistance is near 1609 to 1615.

Support should appear near 1535 to 1529.

MARCH COTTON

Support should appear near 8499 to 8484 region.

Resistance is at 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 February 03, 2014 6:10 PM South Florida Beach Time

Terms of Use and Agreement https://www.futurescom.com/policies.html

FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved

 

 

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.

Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved

wmc: