FuturesCom  Morning Investment Comments  Tuesday July 02, 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

“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 July 01, 2013  4:00 PM South Florida Beach Time

                                    THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE

Support should appear near the 14,840.00 region. Below that buyers should appear near

14,715.00.

Resistance should appear near 15,125.00 and the 15,290.00 to 15,350.00 region.

 

SEPTEMEBER E-MINI SP500

Resistance should appear near 1609.00 to 1615.00 a close over is friendly and augurs for a
test of 1628.50.

Support should appear near 1600.25 then 1592.50 and the 1576.00 to 1569.00 region.

BW Traders should go long if a close over 1615.50 occur and stay tuned for a stop.

NASDAQ COMPOSITE

Resistance should appear near 3443.00.a close over is friendly and augurs for a test of 3493.00 to 3503.00.

Support should appear near the 3388.00 to 3377.00 region.

SEPTEMBER E-MINI NASDAQ 100

Support should appear near the 2905 and 2883.00 to 2874.00

Resistance should appear near 2928.00 to 2937.00. An extended trade or close over is friendly and augurs for a test of 2972.00 to 2990

BW Traders should go long if a close over 2940 occurs.

SEPTEMBER E-MINI RUSSELL 2000

Resistance should appear at 992.10 to 993.70 and 1002.10 to 1003.70

Support should appear near 983.70 to 982.10 and 973.70 to 970.60

SEPTEMBER 30 YR BOND

Resistance should appear near 136-07 and 136-21.

Support should appear near 135-07 and 134-21
SEPTEMBER 10 YR NOTE

Resistance should appear near 127-07 and 127-21

Support should appear near 125-21 and 125-07

                

                                          THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 8391 to 8406.

Support should appear near 8314 to 8300.

SEPT JAPANESE YEN

Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021. Below that buyers should appear near 9937 to 9921

SEPT EURO CURRENCY

Support should appear near 13040 and 12890

Resistance should appear near 13100 and 13220 which should cap a rally

.

SEPT SWISS FRANC

Resistance should appear near 10630 to 10680.
Support should appear near 10580 and 10470.

BW Traders should go short if a close under 10577 occurs.

 

SEPT BRITISH POUND

Support should appear near 15125 and the 14960 to 14840 region, which should hold.

Resistance should appear near 15290 to 15350. BW Traders can sell at 15287 and risk a close over 15367 for three days in a row.

 

SEPT CANADIAN DOLLAR

Resistance should appear near 9526 to 9542 and the 9625 to 9641 region
Support should appear near 9445 to 9439

 

 

SEPTEMBER AUSSIE DOLLAR

Support should appear near 9156 to 9140 and the 9060 to 9044 region.
Resistance should appear near 9237 and the 9316 to 9347 region.        

 

                             

                                                         THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1268.00 to 1274.00 region. Beyond that sellers should appear near 1304.00 to 1310.00 region

Support is near 12328 to 1232 and 1203.00 to 1192.00.

SEPTEMBER COPPER
Resistance should appear near 31940 to 32130 and the 32610 to 32700 region.

Support should appear near 31020 to 30920 and the 30450 to 30360 region.

SEPTEMBER SILVER

Resistance should appear near 1982 to 1996, an extended trade or close over is friendly and augurs for a test of 2034 to 2042

Support is at 1953 to 1946 and 1909 to 1902
                                                            THE EXCITING ENERGIES
AUGUST CRUDE OIL

Resistance should appear near 9821 to 9837 and 9921 to 9937, above that sellers should appear near the 10104 to 10136

Support should appear near 9730 to 9706 and 9641 to 9625

AUGUST HEATING OIL

Support should appear near should appear near 28290 to 28200 and the 27750 to 27580 region.
Resistance should appear 29280 to 29370

AUGUST UNLEADED GAS

Support should appear near 26720 to 26630 and the 26200 to 26120 region.

Resistance should appear near 27580 to 27750 and the 28200 to 28290 region.

AUGUST NATURAL GAS

Resistance should appear at 3613 to 3623 and 3682 to 3663.

Support should appear near 3563 to 3553, below that buyers should appear near 3503 to 3493

 

                                                     THE GRANDE’ GRAINS

 

AUGUST SOYBEANS

Support remains near 1421 to 1415 and 1399.

Resistance should appear near 1453 to 1459, beyond that sellers should appear near the 1484 to 1496

 

NOVEMBER SOYBEANS

Support should appear near 1238 to 1232. Below that buyers should appear near 1203 to 1192

Resistance should appear near 1268 to 1274, a close over is friendly and augurs for a test of 1304 to 1310.

AUGUST SOYOIL

Resistance should appear near 4695 to 4717, a close over is friendly and augurs for a test of 4775 to 4785
Support should appear near the 4650 to 4639 and 4582 to 4571

AUGUST 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

 

SEPTEMBER CORN

Support should appear 520 ¼ to 521 ¼
Resistance should appear near 541 ¾ to 543

DECEMBER CORN

Support should appear near 499 ½ to 497 ¾ region.

Resistance should appear near 520 to 521 ¼.

SEPTEMBER WHEAT

Resistance should appear near 665 ¾ to 667 ¼ and 674 ¾ to 675 ½. .

Support should appear near 650 ¾ to 648 ¾ and the 635 to 633 ¾ region.

 

                                                            THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 12172 and the 12030 to 11920 region. BW Traders can buy at 12037 and risk a close under 11917 for three days in a row.

Resistance should appear near 12320 to 12380 region. Beyond that a test of 12530 and the 12680 to 12740 region is likely. BW Traders should go long if a close over 12387 occurs

 

OCTOBER CATTLE

Support should appear near 12537 and then 12247 and the 12380 to 12320 region.
Resistance should appear near the 12680 to 12740
AUGUST HOGS

Support should appear near the 9642 to 9622 and the 9542 to 9526 region.
Resistance should appear near 9822 to 9837, a close over is friendly and augurs for a test of the 10021 to 10037 region.
BW Traders should go long if a close over 9852 occurs

OCTOBER HOGS

Support should appear near 8562 and the 8502 to 8482 region. Below that buyers should appear near
8407 to 8391 and contain a decline. BW Traders can buy at 8407 for a bounce and risk a close under 8387 for three days in a row.

Resistance should appear near the 8667 to 8682 region. Beyond that a test of 8762 to 8777 is likely

 

Trade Accordingly and Stay Tuned for Livestock Flashes                                                                

                                           

                                        THE SATISFYING SOFTS

 

SEPTEMBER COFFEE

Support should appear near 12030 to 11920 and 11690 to 11640.

Resistance should appear near 12320 to 12380 and 12680 to 12740   BW Traders can sell at 12675 and risk a close over 12775 for three days in a row.

SEPTEMBER COCOA

Resistance should appear near 2170 to 2185 and 2219 to 2226.

Support should appear near 2134 to 2126 and the 2089 to 2080 region. .

OCTOBER SUGAR

Resistance is near 1689 to 1696 and 1731 to 1738,

Support should appear near 1655 to 1642 and the 1615 to 1609 region.

DECEMBER COTTON

Support should appear near 8499 to 8484 and 8406 to 8391.
Resistance is 8668 to 8683 and 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 July 01, 2013

5:40 PM South Florida Beach Time

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