Morning Investment and Day Trading Comments Tuesday March 25, 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

Courage in a Speculator is merely confidence to act on the decision of his mind

Monday March 24, 2014
2:30 PM, South Florida Beach Time.

Stay tuned for BW flashes and additional analysis for all markets.

                            

                                  THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,150.00 to 16090.00.
Resistance is at 16,420.00 to 16,550.00.

JUNE E-MINI SP500

Resistance is at 1858.00 to 1865.
Support should appear near 1840.00 and the 1822.00 to 1808.00 region.
BW Traders should go long if a close 1865.25 occurs.

 

 

NASDAQ COMPOSITE

Resistance should appear near 4238.00 to 4249.00.

Support should appear near the 4183.00 to 4163.00 region.

JUNE E-MINI NASDAQ 100

Support should appear near the 3563.00 to 3553.00 region.
BW Traders can buy at 3554.00 and hold for higher prices.
Resistance is at 3663.00 to 3682.00.
JUNE E-MINI RUSSELL 2000

Nearby Resistance should appear at 1192.00 to 1203.00.
Support should appear near the 1169.00 to 1164.00 region.
JUNE 30 YR BONDS

Resistance should appear near 133-07 and 133-21.
Support should appear near 132-21 and 132-07.

JUNE 10 YR NOTE

Resistance should appear near 123-21 and 124-07.

Support should appear near 123-07 and 122-21                                                  

 

                                               THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX

Resistance should appear near 8029 to 8044.

Support should appear near the 7954 to 7939 region

JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706.       

 

 

JUNE EURO CURRENCY

Support should appear near 13830 to 13770
Resistance should appear near 13990 and 14150 to 14210

JUNE SWISS FRANC

Resistance should appear near 11430 and 11500

Support is near 11360 to 11300.

JUNE BRITISH POUND

Support should appear near the 16420 region. Below that buyers should appear near 16287 and contain a decline.

Resistance remains near 16550 then 16720 and the 16890 to 16960 region.
JUNE CANADIAN DOLLAR

Resistance should appear near 8934 to 8964.
Support should appear near 8871 to 8856

JUNE AUSSIE DOLLAR

Support should appear near 9060 to 9044
Resistance should appear near 9140 to 9156.

 

                                                     THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1322 and 1334 to 1346.0.

Support is near 1304.0, below that a test of 1289.0 is likely.

MAY COPPER
Resistance should appear near 30360 to 30450 and 30920 to 31020

Support should appear near 29370 to 29280 and the 28830 to 28740 region.

 

MAY SILVER

Support should appear near 1996 to 1982 and 1953 to 1946.

Resistance is at 2034 to 2042 and the 2080 to 2089 region.
                                                                                      

                                                       THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 10104 to 10136

Support should appear near 9937 to 9921

JUNE CRUDE OIL

Resistance should appear near 9921 to 9937

Support should appear near 9837 to 9821.

 

MAY BRENT CRUDE OIL
Resistance should appear near 10680 and 10820
Support should appear near 10630 to 10580 and 10470.

 

MAY HEATING OIL

Support should appear near should appear near 28830 to 28740
Resistance should appear 29280 to 29370.

 

MAY UNLEADED GAS

Support should appear 28830 to 28740 and 28290 to 28200

Resistance should appear near 29280 to 29370.

MAY NATURAL GAS

Resistance should appear at 4303 to 4315.

Support should appear near 4249 to 4238.         

 

 

 

 

                                               THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1421 to 1415

Resistance should appear near 1453 to 1459

 

JULY SOYBEANS
Support should appear near 1383 to 1377.

Resistance should appear near 1415 to 1421.

 

NOVEMBER SOYBEANS
Support should appear near 1169 to 1164.

Resistance should appear near 1192 to 1203.

 

JULY SOYOIL
Resistance should appear near 4110 to 4120
Support should appear near 4056 to 4046.
BW Traders can buy at 4057 for a bounce and hold for higher prices, initially risk a close under 3977 for three days in a row.

MAY SOYMEAL

Resistance should appear near 463.9 to 465.0.

Support should appear near 458.2 to 457.1.
JULY CORN

Support should appear near 485 ¾ to 484 ½
Resistance should appear near 505 ¾ to 506 ¾

 

MAY WHEAT

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

Support should appear 683 ¾ to 680 ¾ and the 675 ½ to 674 ¾ region.       

 

                                                         THE LIVELY LIVESTOCK

APRIL CATTLE
Support remains near 14210 to 14150

Resistance should appear near 14530 to 14590

 

JUNE CATTLE

Support should appear near 13460 to 13340.

Resistance should appear near 13770 to 13830

APRIL HOGS

Support should appear near the 12380 to 12320 region.
Resistance should appear near 12680 to 12740

 

JUNE HOGS

Support should appear near the 12740 to 12680 region.

Resistance should appear near 13040 to 13100.                       

                                       

 

                                              THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 18580 to 18650

Support should appear near 16960 to 16890.

 

MAY COCOA

Resistance should appear near 2972 to 2990.

Support should appear near the 2883 to 2874 region.
BW Traders can buy at 2887 for a bounce and hold for higher prices.

MAY SUGAR

Resistance is near 1689 to 1696.
Support should appear near 1655 to 1642.
MAY COTTON

Support should appear near 9060 to 9044
Resistance is at 9140 to 9156
.

                                       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 24, 2014 3:40 PM South Florida Beach Time

 

 

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