FuturesCom  Morning Investment Comments  Tuesday November 06, 2012 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial-2

Monday November 5, 2012
3:00 PM South Florida Beach Time

“The ballot is stronger than the bullet.” Abraham Lincoln

                                          THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 13,100.00 to 13,040.00 region. Below buyers should appear near 12,890.00.
Resistance should appear near 13,220.00, beyond that sellers should appear near the 13,340.00 to 13,460.00 region and cap a rally,

 

DECEMBER E-MINI SP500
Resistance should appear near 1415.00 to 1421.00 and 1437.00.
Support should appear near 1399.00 and the 1383.00 to 1377.00 region.

 

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00. Beyond that sellers should appear near 3092.00 to 3102.00..
Support should appear near 2990.00 to 2972.00 and the 2937.00 to 2928.00 region.

 

DECEMBER E-MINI NASDAQ 100
Support should appear near the 2620.00 to 2612.00 region.
Resistance should appear near the 2716.00 to 2724.00 region.

 

 

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 819.40 to 822.30 and the 830.00 to 831.40 region.
Support should appear near the 804.40 to 802.90 region… Below that a test of 795.40 to 793.90 is likely.

 

 

DECEMBER 30 YR BOND
Resistance should appear near 149-21 and 150-07

Support should appear near 148-21 and 148-07. .

DECEMBER 10 YR NOTE
Resistance should appear near 133-07 and the 133-21 to 134-07 region.
Support should appear near 132-07 and 131-21.

        THE FRENZIED FOREX FRONT

 

DECEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134, A close over is friendly and augurs
for a test of 8194 to 8223.
Support should appear near 8044 to 8029. BW Traders can buy at 8030 and hold for higher prices. Below that buyers should appear near the7954 to 7939 region.

DECEMBER JAPANESE YEN
Resistance should appear near 12530 and the 12680 to 12740 region.
BW Traders can sell at 12527 and hold for lower prices…
Support should appear near the 12380 to 12320, a close under is negative and augurs for a test of the 12030 to 11920 region.   ..Aggressive BW traders should consider going short if a close under 12317 occurs. Stay tuned for flashes

DECEMBER EURO CURRENCY
Support should appear near the 12740 to 12680 region.
Resistance should appear near 12890 and 12967. BW Traders can sell at 12887 and initially risk a close over 12967 for three days in a row.

DECEMBER SWISS FRANC
Resistance should appear near 10630 and 10680.
Support should appear near 10580 region.  A close under is negative and augurs for a test of 10470 and eventually the 10360 to 10320 region.  Trade Accordingly

 

DECEMBER BRITISH POUND
Support should appear near 15922, below that a test of the 15760 to 15690 region is likely.
Resistance should appear near 16017 and the 16090 to 16150 region.

 

DECEMBER CANADIAN DOLLAR
Resistance should appear near 10037
and 10104 to 10136 and 10228.
Support should appear near 10021 then 9979 and 9937 to 9921.

DECEMBER AUSSIE DOLLAR
Resistance should appear near 10320 to 10360 and 10470.
Support should appear near 10237, below that a test of 10185 is likely.

Trade Accordingly and stay tuned for Forex Flashes ….

 

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1689 to 1696 and 1713.5.
Support is near 1655.00 to 1642.00.

DECEMBER COPPER
Resistance should appear near 34930 to 35030 and the 35530 to 35630 region.
Support should appear near 34430 to 34250, a close under is negative and augurs for a test of 33860 to 33770 is likely  to occur

DECEMBER SILVER
Resistance should appear near the 3148 to 3157 region. Beyond that sellers should appear near 3194 to 3213 and cap a rally.
Support is at 3102 to 3092 and the 3045 to 3036 region.
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Resistance should appear near 8667 to 8683 and the 8762 to 8777 region.
Support should appear near 8560 and the 8499 to 8484 region.. Below that buyers should appear near 8406 to 8391.

DECEMBER HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear near the 30360 to 30450 region. Beyond sellers should appear near 30920 to 31020 and cap a rally.

DECEMBER UNLEADED GAS
Resistance should appear near the 26630 to 26720 region. Beyond that sellers should appear near 27160 to 27240.

Support should appear near 26200 to 26120 and 25680 to 25520.
Stay tuned for Flashes…

DECEMBER NATURAL GAS
Resistance should appear at 3613 to 3623 and 3663 to 3682.
Support should appear near 3443 to 3425 and 3328 to 3319.

 

THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1496 to 1489 and the 1459 to 1453 region.
Resistance should appear near 1529 to 1535 and the 1569 to 1576 region.
DECEMBER SOYMEAL
Resistance should appear near 469.5 to 471.6 and 477.5 to 478.5.
Support should appear near 465.0 to 463.9 and 458.2 to 457.1.

 

DECEMBER SOYBEAN OIL
Resistance should appear near 4845 to 4856 and 4973 to 4995.
Support should appear near 4785 to 4775 and 4717 to 4695

 

DECEMBER CORN
Support should appear near 734 ¼ to 742 ¾. Below that buyers should appear near 717 to 714 ¾ .
Resistance should appear near 741 ½ to 742 ¾ and 748 ¾ to 751 ¼

DECEMBER WHEAT
Resistance should appear near 876 ¼ to 877 ¾ and 885 ¾ to 887 ¼.
Support should appear near 858 ¾ to 856 and 849 ¾ to 848 ½.

THE LIVELY LIVESTOCK

DECEMBER CATTLE

Support should appear near 12530, below that a test of the12380 to 12320 region is likely.
BW Traders can buy at 12387 and risk a close under 12307…
Resistance should appear near 12617 and 12677 to 12740

 

FEBRUARY CATTLE

Support should appear near 12892 and the12742 to 12677 region.

Resistance should appear near 13040 to 13100 and 13220

 

DECEMBER HOGS

Support should appear near 7692 to 7682 and the 7602 to 7587 region
Resistance should appear near 7762 to 7777 and 7837 to 7867.

FEBRUARY HOGS

Resistance should appear near 8302 to 8317 and 8392 to 8407.

Support should appear near 8222 to 8192.

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 14960 to 14840.
Resistance should appear near 15290 to 15350.

 

DECEMBER COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519
Support should appear near the 2419 to 2411 region… A close under is negative and augurs for a test of 2370 to 2354.

 

 

MARCH SUGAR
Support is at 1909 to 1902 and the 1865 to 1858 region
Resistance should appear near 1946 to 1953 and 1982 to 1996.

DECEMBER COTTON
Support should appear near 6919 to 6906 and 6755 to 6743
Resistance is near 7074 to 7088 and 7143 to 7170
                               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 November 05, 2012
4:20 PM ET 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 November 06-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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