Jun 032013
 

FuturesCom  Morning Investment Comments  Tuesday June 04, 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

palm-tree

Monday June 3, 2013

2:00 PM South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near the 14,960.00 to 14,840.00 region.

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

JUNE E-MINI SP500

Resistance should appear near 1642.00 to 1655.00 and 1672.00

Support should appear near 1628.50 and the 1615.00 to 1609.00 region.

NASDAQ COMPOSITE

Resistance should appear near 3493.00 to 3503.00.

Support should appear near 3443.00 to 3425.00 and the 3388.00 to 3377.00 region.

JUNE E-MINI NASDAQ 100

Support should appear near 2937.00 to 2928.00 and the 2883.00 to 2874.00 region.

BW Traders can buy at 2905 and risk a close 2873 for three days in a row.

Resistance should appear near 2990 then 3013.00 and 3036 to 3045

JUNE E-MINI RUSSELL 2000

Resistance should appear near the 992.10 to 993.70 region. Beyond that sellers should appear near

1002.10 to 1003.70 and cap a rally.

Support should appear near 973.70 to 970.60. Below that buyers should appear near the

964.10 to 962.50 region.

SEPT 30 YR BOND

Resistance should appear near 141-21 and 142-07.

BW Traders can sell at 142-07 and risk a close over 142-22 for three days in a row.

Support should appear near 139-21 and 138-07.

SEPT 10 YR NOTE

Resistance should appear near 130-07 and 130-21.

Support should appear near 129-07 and 128-21.

THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near the 8300 to 8314 region.

Support should appear near 8261 and the 8223 to 8194 region.

JUNE JAPANESE YEN

Resistance should appear near the 10104 to 10136 region.

Support should appear near the 10037 to 10021 region

JUNE EURO CURRENCY

Support should appear near 13040 then 13007 and 12965.

Resistance should appear near 13100 and 13157.

.

JUNE SWISS FRANC

Resistance should appear near the 10580 to 10680 region.

Support should appear near 10525 then 10470 and the 10360 to 10320 region.

JUNE BRITISH POUND

Support should appear near 15290 and 15125

Resistance should appear near resistance should appear near 15350 and 15437

JUNE CANADIAN DOLLAR

Resistance should appear near 9779 and 9821 to 9837.

Support should appear near 9706 then 9673 and 9641 to 9625

JUNE AUSSIE DOLLAR

Support should appear near 9737 to 9706 and 9641 to 9625.

Resistance should appear near 9821 to 9837

THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1415 to 1421. Beyond that sellers should appear near

1437 and the 1453 to 1459 region.

Support is near 1399 and the 1383 to 1377 region

JULY COPPER

Resistance should appear near 33190 to 33280 and the 33770 to 33860 region. .

Support should appear near 32700 to 32610 and 32130 to 31940 region

JULY SILVER

Resistance should appear near 2315 to 2322 and the 2354 to 2370 region.

Support is at 2226 to 2219 and 2185 to 2170.

THE EXCITING ENERGIES

AUGUST CRUDE OIL

Resistance should appear near the 9429 to 9445 region Beyond that sellers should appear near

the 9526 to 9542 region.

Support should appear near 9347 to 9316 and 9237.

JULY HEATING OIL

Support should appear near the 28290 to 28200 and 27750 to 27580.

Resistance should appear 28740 to 28830 and the 29280 to 29370 region.

JULY UNLEADED GAS

Support should appear near 27240 to 27160 .

Resistance should appear near the 28200 to 28290

JULY NATURAL GAS

Resistance should appear at 4046 to 4056 and 4110 to 4120.

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

THE GRANDE’ GRAINS

JULY SOYBEANS

Support should appear near 1529 then 1512 ½ and 1496 to 1484..

Resistance should appear near 1535 and 1569 to 1576 region.

NOVEMBER SOYBEANS

Support should appear near 1310 to 1304 and 1274 to 1268.

Resistance should appear near the 1334 to 1346 and 1377 to 1383.

JULY SOYOIL

Resistance should appear near 4915 to 4926 and 4973 to 4995.

Support should appear near the 4785 to 4775 and 4717 to 4695.

JULY SOYMEAL

Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0.

Support should appear near 444.6 to 442.5 and 438.1 to 437.0

JULY CORN

Support should appear 643 to 641 ¼ and 635 to 633 ¾…

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

appear near 680 ¾ to 683 ¾.

DECEMBER CORN

Support should appear 557 ¾ to 555 ¼ and the 543 to 541 ¾ region.

Resistance should appear near 564 to 565 1/4 and 571 ¾ to 572 ¾

JULY WHEAT

Resistance should appear near 714 ¼ to 717 and 724 ¼ to 725 ½

Support should appear near 700 ¼ 699 and 692 to 690 ¾

THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 11920, a close under is negative and augurs for a test of 11817

and the 11690 to 11640 region.

Resistance should appear near 12030 and 12172.

OCTOBER CATTLE

Support should appear near 12172 and the 12030 to 11920 region

Resistance should appear near 12320 to 12380.

AUGUST HOGS

Support should appear near 9232 and the 9157 to 9140 region.

Resistance should appear near 9317 to 9347 and 9427 to 9442

OCTOBER HOGS

Support should appear near 8317 to 8300, a close under is negative and augurs for a test of 8222 to

8192 and the 8132 to 8117 region.

Resistance should appear near 8392 to 8407 and 8482 to 8507.

THE SATISFYING SOFTS

SEPTEMBER COFFEE

Support should appear near 12740 to 12680 and 12380 to 12320

Resistance should appear near the 13340 to 13460 region. Beyond that sellers should appear near

13770 to 13830. BW Traders can sell at 13760 and risk a close over 13870 for three days in a row.

SEPTEMBER COCOA

Resistance should appear near 2267 to 2276 and the 2315 to 2322 region.

Support should appear near the 2226 to 2219 and 2185 to 2170.

OCTOBER SUGAR

Resistance is near 1689 to 1696 and the 1731 to 1738 region.

Support should appear near 1655 to 1642 and the 1576 to 1569 region.

BW Traders can buy at 1657 and risk a close under 1637 for three days in a row.

JULY COTTON

Support should appear near 8044 to 8029

Resistance is near 8300 to 8314.

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 June 03, 2013

3:30 PM South Florida Beach Time

 

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.

FuturesCom Morning Futures Comments  Tuesday June 04, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996-2013 All Rights Reserved

Sorry, the comment form is closed at this time.