FuturesCom  Morning Investment Comments  Tuesday March 05, 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

 

“A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”

Monday March 04, 2013

4:00 PM South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,990.00 and the 13,830.00 to 13,770.00
Resistance remains near the 14,150.00 to 14,210.00 region

MARCH E-MINI SP500
Resistance should appear 1529.00 to 1535.00
Support should appear near 1512.50 and the 1496.00 to 1484.00 region

NASDAQ COMPOSITE
Resistance should appear near the 3194.00 to 3213.00 region.
Support should appear near 3157.00 to 3148.00.

 

MARCH E-MINI NASDAQ 100
Support should appear near 2758.00 and 2741.00.
Resistance should appear near 2775.00 and 2797.50.

MARCH E-MINI RUSSELL 2000

Resistance should appear near 923.70 and 931.60 to 934.70
Support should appear near 915.60 to 914.00 and 910.00.

JUNE 30 YR BOND
Resistance should appear near 144-07 and 144-21.
Support should appear near 143-21 and 143-07

JUNE 10 YR NOTE
Resistance should appear near 132-07 and 132-21 should cap a rally.
Support should appear near 131-07 and 130-21                                                          

 

                                                    THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near the 8300 to 8314 region.
Support should appear near 8223 to 8194 and 8164.

MARCH JAPANESE YEN
Resistance should appear near 10750 and 10820.
Support should appear near the 10680 to 10580 region.

MARCH EURO CURRENCY
Support should appear near 12967 and 12820.
Resistance should appear near 13040 to13100.
Trade according and pick your poison.

MARCH SWISS FRANC
Resistance should appear near 10630 to10680.
Support should appear near 10580 an extended trade or close under is negative and augurs for a test of 10525 and eventually 10470.

MARCH BRITISH POUND
Support should appear near the 14960 to 14840 region…
Resistance should appear near 15125 and 15290 to 15350.
MARCH CANADIAN DOLLAR
Resistance should appear near 9737 and 9779.
Support should appear near 9706 and 9641 to 9425.

MARCH AUSSIE DOLLAR
Resistance should appear near 10237 and the 10320 to 10360 region.
Support should appear near the 10136 to 10104 region.

 

 

 

 

 

 

 

            THE PRECIOUS METALS
APRIL GOLD

Resistance should appear near 1592.5.Beyond that sellers should appear near 1609 to 1615
Support is near 1569, below that a test of 1552 and the 1535 to 1529 region is likely.

MAY COPPER
Resistance should appear near 35530 to 35630 and the 36130 to 36230 region.
Support should appear near 35030 to 34930 and the 34430 to 34250 region,
BW Traders can buy at 34450 for a bounce and hold for higher prices.

MAY SILVER
Resistance should appear near 2874 to 2883 and the 2928 to 2937 region.
Support is at 2829 to 2820 and the 2775 to 2758 region. .

THE EXCITING ENERGIES
APRIL CRUDE OIL

Support should appear near 8964 to 8934
Resistance should appear near 9140 to 9156.

APRIL HEATING OIL
Support should appear near 28830 to 28740.
Resistance should appear near 29720 to 29900                    

APRIL UNLEADED GAS
Support should appear near 30450 to 30360.

Resistance should appear 31480 to 31570.
APRIL NATURAL GAS
Resistance should appear at 3553 to 3563 and 3613 to 3623.
Support should appear near 3503 to 3493 3443 to 3425
THE GRANDE’ GRAINS
MAY SOYBEANS

Support should appear near 1459 to 1453 and 1437 ½.
Resistance should appear near the 1484 to 1496 region.

MAY SOYOIL
Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.
Support should appear near 4995 to 4973 and the 4926 to 4915.

MAY 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

MAY CORN
Support should appear 700 ¼ to 699 and 691 ¾ to 690 ¾.
Resistance should appear near 714 ½ to 717 and the 724 ¼ to 725 ½ region.

MAY WHEAT

Resistance should appear near 707 ½ to 708 ¾ and  714 ¼ to 717

Support should appear near 700 ¼ to 699 and 691¾ to 690 ¾

 

THE LIVELY LIVESTOCK
APRIL CATTLE

Support should appear near 13040 and 12967.

Resistance should appear 13100 . A close over is friendly and augurs for a test of the 13340 to 13460 region. .

JUNE CATTLE
Support should appear near the 12532 and 12467.
Resistance should appear near the 12680 to 12740 region.

APRIL HOGS

Support should appear near 7957 to 7937
Resistance should appear near 8117 to 8137.
JUNE HOGS

Support should appear near 8967 to 8932
Resistance should appear near 9140 to 9157

 

THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 14590 to 14530.
Resistance should appear near 14840 to 14960

 

MAY COCOA
Resistance should appear near 2126 to 2134.

Support should appear near 2042 to 2034

MAY SUGAR
Resistance is near 1858 to 1865 and the 1902 to 1909 region.
Support should appear near 1780 to 1774 and 1738 to 1731

 

MAY COTTON
Support should appear near 8589 to 8560 and 8499 to 8484.
Resistance is near 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 March 04, 2013
5:00 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 March 05, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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