Morning Investment and Day Trading Comments Tuesday May 13, 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
Monday May 12, 2014 2:00 PM, South Florida Beach Time.
Stay tuned for Flashes and Updates in all markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 16550.00 to 16,420.00 region.
Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region.
JUNE E-MINI SP500
Resistance is at the 1902.00 to 1909.00 region. BW Traders can sell at 1901.75 for a turn lower and risk a close over 1911 for three days in a row. Support should appear near 1865.00 to 1858.00
NASDAQ COMPOSITE
Resistance should appear near the 4163.00 to 4183.00 and 4238.00 to 4249.00
Support should appear near the 4056.00 to 4046.00 region.
JUNE E-MINI NASDAQ 100
Support should appear near 3563.00 to 3553.00 and 3503.00 to 3493.00
Resistance is at 3613.00 to 3623.00 and 3663.00 to 3682.00
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1130.00 to 1136.00 and the 1164.00 to 1169.00 region.
Support should appear near the 1101.00 to 1096.00 region.
JUNE 30 YR BONDS
Resistance should appear near 136-21 and 137-07 Support should appear near 135-21 and 135-07
JUNE 10 YR NOTE
Resistance should appear near 125-21 and 126-07
Support should appear near 124-21 and 124-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939
JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837 , a close over is friendly and augurs for a test of the 9921 to 9937 region.
Support should appear near 9737 to 9706 and should hold.
JUNE EURO CURRENCY
Support should appear near 13617 and the 13460 to 13340 region. Resistance should appear near 13770 to 13830
JUNE SWISS FRANC
Resistance should appear near 11300 to 11360
Support is near 11010 to 10960
JUNE BRITISH POUND
Support should appear near 16720 and the 16550 to 16420 region
Resistance remains 16890 to 16960
JUNE CANADIAN DOLLAR
Resistance should appear near 9156 and 9237 Support should appear near 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9316 and 9239 Resistance should appear near 9347 and the 9429 to 9445 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near the 1304.0 to 1310.0 region.
Support should appear near 1274.0 to 1268.00
JULY COPPER Resistance should appear near 31480 to 31570 and 31940 to 32130.
Support should appear near 31020 to 30920 and 30450 to 30360.
JULY SILVER
Support should appear near 1909.0 to 1902.0 and 1865 to 1858
Resistance is at 1982.0 to 1996.0 and 2034 to 2042.
THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 10104 to 10136
Support should appear near 9937 to 9921.
JULY BRENT CRUDE OIL Resistanceshould appear near 10960 to 11010. Supportshould appear near 10680 to 10580.
JUNE HEATING OIL
Support should appear near should appear near 28830 to 28740 Resistance should appear near 29720 to 29900
JUNE UNLEADED GAS
Support should appear the 28830 to 28740 and 28290 to 28200
Resistance should appear near 29280 to 29370 and 29720 to 29900.
JULY NATURAL GAS
Resistance should appear 4425 to 4446
Support should appear near 4056 to 4046
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near the 1459 to 1453 region.
Nearby resistance should appear near 1484 to 1496
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region.
Resistance should appear near 1232 to 1238.
JULY SOYOIL Resistance should appear near 4163 to 4183. Support should appear near 4056 to 4046.
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
JULY CORN
Support should appear near 499 ½ to 497 ¾ and 492 ¾ to 491 ½ Resistance should appear near 513 ¾ to 513
JULY WHEAT
Resistance should appear near 732 ¾ to 734 ¾ Support should appear near 700 ¼ to 699
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13617 and 13532
Resistance should appear near 13770 to 13830
AUGUST CATTLE Support should appear near 13770 and 13692
Resistance should appear near 13830 then 13912 and 13987
JUNE HOGS
Support should appear near 11922 and 11817.
Resistance should appear near 11972 and 12030
JULY HOGS
Support should appear near 12380 to 12320
Resistance should appear near 12680 to 12740
AUGUST HOGS
Support should appear near 12380 to 12320 Resistance should appear near 12680 to 12740
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 19020 to 19090, beyond that a test of 19460 to 19530 is likely.
Support should appear near 18220 to 18080 and 17800 to 17400
JULY COCOA
Resistance should appear near 2972 to 2990
Support should appear near the 2829 to 2820.
JULY SUGAR
Resistance is near 1858 to 1865 Support should appear near 1780 to 1774 and 1752
JULY COTTON
Support should appear near 8934 to 8964 and 8871 to 8856 Resistance is near 9100 and 9150 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 May 12, 2014 3:00 PM South Florida Beach Time
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