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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Tuesday May 14-2013 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Tuesday May 14, 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

Monday May 13, 2013

1:30 PM South Florida Beach Time

   

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,960.00 to 14,840.00.
Resistance should appear near 15,125.00 and the 15,290.00 to 15,350.00 region.

 

JUNE E-MINI SP500

Resistance should appear near the 1642.00 to 1655.00 region

Support should appear near 1628.50 and the 1615.00 to 1609.00 region.

NASDAQ COMPOSITE
Resistance should appear near 3443.00 and 3468.00
Support should appear near 3425.00 and the 3386.00 to 3377.00 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2972.00 and 2955.00.
Resistance should appear near 2990.00 and 3036.00 to 3045.00

 

 

 

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near 973.70 and 982.10 to 983.70
Support should appear near 964.10 to 962.50

JUNE 30 YR BOND
Resistance should appear near 145-07 and 145-21
Support should appear near 144-07 and 143-21
JUNE 10 YR NOTE
Resistance should appear near 132-07 and 132-21.
Support should appear near 131-07 and 13-21

                                           

                                                                  THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX
Resistance should appear near 8352 and the 8391 to 8406 region
Support should appear near 8314 to 8300 and 8262

JUNE JAPANESE YEN
Resistance should appear near  9821 to 9837 and 9921 to 9937
Support should appear near 9737 to 9706 and 9641 to 9625

JUNE EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region

Resistance should appear near 13040 to 13100.

JUNE SWISS FRANC
Resistance should appear near 10470 and 10530.
Support should appear near 10360 to 10320 and 10136 to 10104

JUNE BRITISH POUND
Support should appear near 15125 and 14960 to 14840
Resistance should appear near 15290 to 15350 and 15525

JUNE CANADIAN DOLLAR
Resistance should appear near 9921 to 9937 and 9979.
Support should appear near 9879 and 9837 to 9821.

JUNE AUSSIE DOLLAR
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9921 then 9837 to 9821 and the 9737 to 9706 region.

 

 

 

 

            THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1453 to 1459 and 1471.5.
Support is near 1421 to 1415 and 1383 to 1377

JULY COPPER
Resistance should appear near 33770 to 33860 and 34350 to 34430
Support should appear near 33280 to 33190 and 32700 to 32610

JULY SILVER
Resistance should appear near 2411 to 2419 and 2461 to 2469.
Support is at 2354 and 2322 to 2315

THE EXCITING ENERGIES

 

JULY CRUDE OIL
Resistance should appear near 9625 to 9641 and 9706 to 9737

Support should appear near 9445 to 9429 and 9347 to 9316

 

JUNE HEATING OIL
Support should appear near 28290 to 28200.

Resistance should appear the 29280 to 29370 region.
JUNE UNLEADED GAS
Support should appear near 27750 to 27580 and 27240 to 27160

Resistance should appear near 28740 to 28830. Beyond that sellers should appear near

29280 to 29370 and cap a rally.

JUNE NATURAL GAS
Resistance should appear at 3982 to 3992 and 4046 to 4056.
Support should appear near 3867 to 3858 and 3806 to 3795

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1415 then 1399 and 1383 to 1377.
Resistance should appear near 1437 and 1453 to 1459

NOVEMBER SOYBEANS
Support should appear near 1203 to 1192, below that a trade towards 1169 to 1164 is likely.   Resistance should appear near 1232 to 1238 and the 1268 to 1274 region.
BW Traders can sell at 1229 and risk a close over 1241 for three days in a row.

JULY SOYOIL
Resistance should appear near 4973 to 4995 and 5056 to 5067
Support should appear near 4856 to 4845 and the 4785 to 4775 region.

JULY SOYMEAL
Resistance should appear near 416.3 to 418.3 and 423.8 to 424.9
Support should appear near 405.6 to 404.6 and 399.2 to 398.2..

 

JULY CORN
Support should appear 643 to 641 ¾ and 635 to 633 ¾
Resistance should appear near 665 ¾ to 667 ¼ and 674 ½ to 675 ½  


JULY WHEAT

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

 

 

THE LIVELY LIVESTOCK

 


JUNE CATTLE
Support should appear near 12030 then 11922 and 11807.
Resistance should appear near 12102 and 12175

JUNE HOGS

Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near the 9137 to 9157 region

OCTOBER HOGS
Support should appear near 8047 to 8027 and 7957 to 7937
Resistance should appear near 8117 to 8137 and the 8192 to 8222 region.

 

 

 

 

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near the 14210 to 14150 region.
Resistance should appear near the 14840 to 14960 region

JULY COCOA
Resistance should appear near 2354 to 2370.

Support should appear near 2275 to 2267

JULY SUGAR
Resistance is near 1731 to 1738 and 1774 to 1780.

Support should appear near 1696 to 1689 and 1655 to 1642

 

JULY COTTON
Support should appear near 8589 to 8560 and 8314 to 8300
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 May 13, 2013
2:45 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 May 14, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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