FuturesCom Morning Investment Comments Tuesday June 18, 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
” The first rule is not to lose. The second rule is not to forget the first rule.” – Warren Buffet-
Monday June 17, 2013
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,125.00 and the 14,960.00 to 14,840.00 region.
Resistance should appear near the 15,290.00 to 15,350.00 region. Beyond that sellers should appear near 15,520.00.
SEPTEMEBER 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 and the 3553.00 to 3583.00 region.
Support should appear near 3443.00 to 3425.00 and the 3388.00 to 3377.00 region. .
SEPTEMBER E-MINI NASDAQ 100
Support should appear near the 2937.00 to 2928.00 region. Below that buyers should appear near
2883.00 to 2874.00 and should contain a decline.
Resistance should appear near 2972.00 to 2990.00 and the 3036.00 to 3045.00 region. .
BW Traders should go long if a close over 2992.00 occurs.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 992.10 to 993.70 and the 1002.10 to 1003.70 region.
Support should appear near 983.70 to 982.10 and 973.70 to 970.60. Below that buyers should appear near 964.10 to 962.50 and the 954.20 to 952.60 region. Under that buyers should appear near 944.50 to 942.90 and the 934.70 to 931.60 region,. BW Traders who sleep on a bed of Nails can buy at 935.00 and hold for higher prices, initially risk a close under 931.00 for three days in a row.
SEPT 30 YR BOND
Resistance should appear near 140-07 and 140-21.
Support should appear near 139-07 and 138-21.
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
SEPT DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029.
SEPT JAPANESE YEN
Resistance should appear near 10630 to 10680.
Support should appear near 10580 and 10470.
SEPT EURO CURRENCY
Support should appear near 13340 then 13235 and 13100 to 13040.
Resistance should appear near 13400 to 13460.
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SEPT SWISS FRANC
Resistance should appear near 10960 to 11010.
Support should appear near 10820 then 10750 and the 10680 to 10580 region
SEPT BRITISH POUND
Support should appear near 15690 and 15525.
Resistance should appear near 15760, beyond that a trade towards 16090 to 16150 is likely.
BW Traders should go long if a close over 15767 occurs.
SEPT CANADIAN DOLLAR
Resistance should appear near 9821 to 9837 and the 9921 to 9937 region. BW Traders can sell at 9917 and risk a close over 9942 for three days in a row.
Support should appear near 9737 to 9706 and 9641 to 9625
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9445 to 9429, a close under is negative and augurs for a test of the 9347
to 9316 region. BW Traders can buy at 9351 and risk a close under 9315 for three days in a row.
Resistance should appear near 9526 to 9542 and 9625 to 9641.
Stay Tuned for additional Forex Flashes
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near the 1399 and the 1415 to 1421 region. .
Support is near 1383 to 1377 then 1361.5 and 1346 to 1334
JULY COPPER
Resistance should appear near 32130 and 32610 to 32700. .
Support should appear near 31570 to 31480 and the 30450 to 30360 region.
JULY SILVER
Resistance should appear near 2219 to 2225 and 2315 to 2322
Support is at 2170 and 2134 to 2126
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 9921 to 9937 and 10021 to 10037.
Support should appear near 9736 to 9706 and 9641 to 9625
AUGUST HEATING OIL
Support should appear near 29370 to 29280 and the 28830 to 28740 region.
Resistance should appear 30360 to 30450 and the 30920 to 31020 region.
AUGUST UNLEADED GAS
Support should appear near 28290 to 28200 and 27750 to 27580
Resistance should appear near 29280 to 29370 and 29720 to 29900
AUGUST NATURAL GAS
Resistance should appear at 3909 to 3929 and 4046 to 4056.
Support should appear near 3867 to 3858 and 3806 to 3795.
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1421 to 1415 and 1399.
Resistance should appear near 1453 to 1459, beyond that sellers should appear near 1484 to 1496
NOVEMBER SOYBEANS
Support should appear near 1274 to 1268 and 1238 to 1232.
Resistance should appear near 1304 to 1310 and the 1334 to 1346 region.
AUGUST SOYOIL
Resistance should appear near 4915 to 4926. Beyond that sellers should appear
near the 4973 to 4995 region and cap a rally.
Support should appear near the 4785 to 4775 region. Below that a test of 4717 to 4695 is likely.
AUGUST SOYMEAL
Resistance should appear near 430.4 to 431.6 and the 442.5 to 444.6 region
Support should appear near 418.3 to 416.3 and the 412.0 to 411.0 region.
SEPTEMBER CORN
Support should appear 565 to 564 and 557 ¾ to 555 ¼.
Resistance should appear near 585 ½ to 588 and the 594 ½ to 595 ¾ region.
DECEMBER CORN
Support should appear 535 ½ to 534 and 528 ¼ to 525 ½
Resistance should appear near 541 ¾ to 543 and 549 ¼ to 550 ½ .
SEPTEMBER WHEAT
Resistance should appear near 690 ¾ to 691 ¾ and the 699 to 700 ¾ region.
Support should appear near 683 ¾ to 680 ¾ and the 675 ½ to 674 ¾ region.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11817 and the 11690 to 11640 region.
Resistance should appear near 11920 to 12030 and 12172.
OCTOBER CATTLE
Support should appear near 12172 and the 12030 to 11920 region.
Resistance should appear near 12320 to 12380 and 12447
AUGUST HOGS
Support should appear near 9642 to 9622 and the 9542 to 9526 region.
Resistance should appear near 9707 to 9737, a close over is friendly and augurs for a test of 9822 to 9837 BW Traders should go long if a close over 9742 occurs
OCTOBER HOGS
Support should appear near 8407 to 8392 and 8317 to 8300
Resistance should appear near 8482 to 8507 and 8557 to 8587
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Support should appear near 12380 to 12320… Below that a test of 12030 to
11920 is likely
Resistance should appear near 13040 to 13100 and the 13340 to 13460 region.
SEPTEMBER COCOA
Resistance should appear near 2267 to 2275 and the 2315 to 2322 region
Support should appear near the 2185 to 2170 and 2134 to 2126 and the 2089 to 2080 region.
OCTOBER SUGAR
Resistance is near the 1731 to 1738 region. Beyond that sellers should appear near 1774 to 1780 and
cap a rally.
Support should appear near 1696 to 1689 then 1655 to 1642 and the 1615 to 1609 region.
DECEMBER COTTON
Support should appear near 8777 to 8762 and 8683 to 8668.
Resistance is 8934 to 8964 and 9029 to 9044.
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 17, 2013
3:45
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.
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