Morning Investment and Day Trading Comments Tuesday June 10, 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 June 09, 2014 1:00 PM, South Florida Beach Time.
Traders should stay tuned for Flashes and Updates for all Markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,890.00 and 16,720.00. Resistance is at 17,135.00 and the 17,310.00 to 17,380.00 region.
DOW JONES TRANSPORTS
Support should appear near 8134.00 to 8119.00
Resistance is at the 8300.00 to 8314.00 region.
JUNE E-MINI SP500
Resistance is at 1982.00 to 1996.00
Support should appear 1946.00 and 1927.00.
SEPT E-MINI SP500
Resistance is at 1953.00 and 1967.50
Support should appear 1927.50 and 1909.00 to 1902.00
NASDAQ COMPOSITE
Resistance should appear at 4370.00 to 4381.00. Support should appear near 4315.00 to 4304.00.
SEPT E-MINI NASDAQ 100
Support should appear near 3743.00 to 3734.00. Resistance is at 3858.00 to 3867.00
SEPT E-MINI RUSSELL 2000
Resistance should appear at 1180.50 and 1192.00 to 1203.00
Support should appear near 1169.00 to 1164.00.
SEPTEMBER 30 YR BONDS
Resistance should appear near 135-21 and 136-07 Support should appear near 134-21 and 134-07
SEPTEMBER 10 YR NOTE
Resistance should appear near 124-21 and 125-07.
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near 8044 to 8029.
SEPTEMBER JAPANESE YEN
Resistance should appear near 9821 to 9837. Support should appear near 9737 to 9706.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance is at 13613 and 13687.
SEPTEMBER SWISS FRANC
Resistance should appear near 11155 and the 11300 to 11360 region.
Support is near the 11010 to 10960 region.
SEPTEMBER BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region. Resistance remains near the 16890 to 16960 region.
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9156 and 9227 Support should appear near 9100 and 9060 to 9044
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9231 and 9156 to 9140 Resistance should appear near 9316 to 9347
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0
JULY COPPER Resistance should appear near 30670 and 30920 to 31020
Support should appear near 29900 to 29720 and 29370 to 29280
JULY SILVER
Support should appear near 1865.0 to 1858.0
Resistance is at 1946.0 to 1953.0
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 10360 then 10470 and 10577
Support should appear near 10232 and 10136 to 10104
AUGUST BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010. Supportshould appear near the 10680 to 10580 region
JULY HEATING OIL
Support should appear near should appear near 28840 to 28720. Resistance should appear 29280 to 29370
JULY UNLEADED GAS
Support should appear 29370 to 29280
Resistance should appear near 30360 to 30450
AUGUST NATURAL GAS
Resistance should appear 4.695 to 4.715 and 4.775 to 4.785
Support should appear near 4.639 and 4.582 to 4.571
THE GRANDE’ GRAINS
JULY SOYBEANS Support 1453 then 1437 and 1421 to 1415
Resistance should appear near 1471 ½ and 1484 to 1496
AUGUST SOYBEANS
Support should appear near 1383 to 1377
Resistance should appear near 1399 and 1415 to 1421
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region.
Resistance should appear near 1232 to 1238
JULY SOYOIL Resistance should appear near 4046 to 4056 Support should appear near 3909 and 3867 to 3858
JULY SOYMEAL
Resistance should appear near 484.5 to 485.6 and 491.5 to 492.6
Support should appear near 478.5 to 477.5 and 471.7 to 469.5
AUGUST SOYMEAL
Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0
Support should appear near 451.4 to 450.3 and 444.6 to 442.5
JULY CORN
Support should appear near 444 ¾ to 442 ½ Resistance should appear near 463 ¾ to 465
JULY WHEAT
Support should appear near the 603 ½ to 602 ¾ region. Resistance should appear near 633 ¾ to 635
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 14210 to 14150.
Resistance should appear near the 14530 to 14590
OCTOBER CATTLE Support should appear near 14532 and 14372.
Resistance should appear near 14717 and 14890 to 14960
JUNE HOGS
Support should appear near 11360 to 11300
Resistance should appear near 11502 and 11637 to 11687
JULY HOGS
Support should appear near 12532 and 12380 to 12320 Resistance should appear near 12680 to 12740
AUGUST HOGS
Support should appear near 12892 and 12740 to 12680 Resistance should appear near 13040 to 13100
OCTOBER HOGS
Support should appear near 10682 then 10582 and 10472
Resistance should appear near 10812 and 10960 to 11010
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 16890 to 16960
Support should appear near 16150 to 16090
SEPTEMBER COFFEE
Resistance should appear near 17310 to 17380
Support should appear near 16550 to 16420
SEPTEMBER COCOA
Resistance should appear near 3092 to 3102 and 3148 to 3157
Support should appear near 3067 and the 3045 to 3036 region. BW Traders should go long if a close over 3103 occurs.
JULY SUGAR
Resistance is near 1713 and 1731 to 1738
Support should appear near 1696 to 1689 and 1655 to 1642
OCTOBER SUGAR
Resistance is near 1780 and 1808 to 1822 Support should appear near 1774 then 1752 and 1738 to 1731
JULY COTTON
Support should appear near 8406 to 8391 and 8314 to 8300 Resistance is at 8560 to 8589 and 8668 to 8683
DECEMBER COTTON
Resistance should appear near 7763 to 7777 and 7836 to 7864
Support is at 7689 to 7675 and 7601 to 7587
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 9, 2014 2:00 PM South Florida Beach Time Terms of Use and Agreement https://www.futurescom.com/policies.html
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