Morning Investment and Day Trading Comments Tuesday June 17, 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
“A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Monday June 16, 2014 2:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,550.00 to 16,420.00. Resistance is at 16,890.00 to 16,960.00.
DOW JONES TRANSPORTS
Support should appear near 7964.00 to 7934.00 and 7864.00 to 7836.00.
Resistance is at 8029.00 to 8044.00 and the 8119.00 to 8134.00
SEPTEMBER E-MINI SP500
Resistance is at 1946.00 to 1953.00. BW Traders can sell at 1945.25 for a trade and initially risk a close over 1953.75 for three days in a row. Support should appear near the 1909.0 to 1902.0 region.
NASDAQ COMPOSITE
Resistance should appear at 4370.00 to 4381.00. Support should appear near 4249.00 to 4238.00.
SEPTEMBER E-MINI NASDAQ 100 Support should appear near the 3682 to 3663 region.
Resistance is at 3770.00 then 3795.00 to 3806.00 and the 3858.00 to 3867.00 region.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1164.00 to 1169.00.
Support should appear near 1136.00 to 1130.00.
SEPTEMBER 30 YR BONDS
Resistance should appear near 136-07 and 136-21. Support should appear near 135-21 and 135-07.
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 9921 to 9937. Support should appear near 9779 and the 9737 to 9706 region.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance is at 13615 and 13687. BW Traders can sell at 13687 and hold for lower prices.
SEPTEMBER SWISS FRANC
Resistance should appear near 11155 then 11227 and 11300 to 11360.
Support is near the 11010 to 10960 region. S
EPTEMBER BRITISH POUND
Support should appear near 16960 to 16890 and 16720. BW Traders can buy at 16892 and risk 50 points. Resistance should appear near 17130 and the 17310 to 17380 region. SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9237 and the 9316 to 9347 region. Support should appear near 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR Support should appear near 9316 and 9231 Resistance should appear near 9347. Beyond that a test of 9429 to 9445 is likely.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1289 and 1304.0 to 1310.0 region.
Support should appear near 1268.00 then 1253.0 and 1238.0 to 1232.0 SEPTEMBER COPPER Resistance should appear near the 30920 to 31020 region.
Support should appear near 29900 to 29720. SEPTEMBER SILVER
Support should appear near 1953.0 to 1946.0.
Resistance is at 1982.0 to 1996.0.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 10630 to 10580 and the 10320 to 10360 region.
Resistance should appear near 10960 to 11010.
AUGUST BRENT CRUDE OIL Resistanceshould appear near 11300 to 11360 and 11500. Supportshould appear near 11155 and 11010 to 10960 region.
JULY HEATING OIL
Support should appear near should appear near 29900 to 29720. Resistance should appear 30360 to 30450.
JULY UNLEADED GAS
Support should appear 30450 to 30360.
Resistance should appear near 30920 to 31020.
AUGUST NATURAL GAS
Resistance should appear 4.775 to 4.785.
Support should appear near 4.650 to 4.639
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1415 and 1399.
Resistance should appear near 1437 and the 1453 to 1459 region.
AUGUST SOYBEANS
Support should appear near 1346 to 1334.
Resistance should appear near 1377 to 1383. Trade Accordingly
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 3929 to 3909.
JULY SOYMEAL
Resistance should appear near 463.9 to 465.0 and 469.5 to 471.7
Support should appear near 451.4 to 450.3 and 438.1 to 437.0
AUGUST SOYMEAL
Resistance should appear near 450.3 to 451.4.
Support should appear near 438.1 to 437.0.
JULY CORN
Support should appear near the 438 ¼ to 437 1/4 region. Resistance should appear near 450 ¼ to 451 ¼.
JULY WHEAT Support should appear near 580 ½ to 579 ¼ and 572 ¾ to 571 ¾ Resistance should appear near 602 ¾ to 603 ¾ and the 616 ½ to 619 region.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 14530 to 14590
Resistance should appear near 14840 to 14960
OCTOBER CATTLE Support should appear near 14840 and 14710
Resistance should appear near 14960 and 15122
JULY HOGS
Support should appear near 12380 to 12320 Resistance should appear near 12527 and 12617
AUGUST HOGS
Support should appear near 12740 to 12680. Resistance should appear near 12887 and 12972.
OCTOBER HOGS
Support should appear near 10815 and 10680 to 10580 Resistance should appear near 10960 to 11010 and 11155
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17740 to 17800 and 18080 to 18220.
Support should appear near the 17380 to 17310 and the 16960 to 16890 region.
SEPTEMBER COCOA
Resistance should appear near 3148 to 3157.
Support should appear near 3092 and the 3045 to 3036 region.
OCTOBER SUGAR
Resistance is near the 1858 to 1865 region. Support should appear near the 1738 to 1731 region.
DECEMBER COTTON
Support should appear near 7689 to 7875 Resistance is at 7939 to 7954
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 16, 2014 3:00 PM South Florida Beach Time
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