Morning Investment and Day Trading Comments Tuesday November 19, 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
We can easily forgive a child who is afraid of the dark.
The real tragedy of life is when men are afraid of the light
–Plato–
Monday November 18 2013
3:00 PM South Florida Beach Time
Traders should stay nimble and tune in for Day Trades, BW flashes and Updates for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,925.00 and the 15,760.00 to 15,690.00 region.
Resistance is near the 16,090.00 to 16,150.00, a close or extended trade over is friendly and augurs for a test of 16,420.00 to 16,550.00.
DEC E-MINI SP500
Resistance should appear near 1792.00 and the 1808.00 to 1822.00 region
Support should appear near 1780.00 to 1774.00 region.
BW Traders should go long if a close over 1822.75 occurs
NASDAQ COMPOSITE
Resistance remains should and appear near 3955.00 and 3982.00 to 3992.00.
Support should appear near the 3929.00 to 3909.00 region.
DEC E-MINI NASDAQ 100
Support should appear near 3386.00 to 3377.00 and 3352.50.
Resistance should appear near 3405, a close over augurs for a test of the 3425.00 to 3443.00 region.
BW Traders should go long if a close over 3443.75 occurs
DEC E-MINI RUSSELL 2000
Resistance should appear at 1108.50 and 1115.50, a close over is friendly and augurs for an eventual test of 1130.00 to 1136.00.
Support should appear near 1101.00 to 1096.00.
BW Traders should go long if a close over 1115.60 occurs and stay tuned for Index Flashes.
DEC 30 YR BOND
Resistance should appear near 133-07 and 133-21
Support should appear near 132-21 and 132-07.
DEC 10 YR NOTE
Resistance should appear near 127-21 and 128-07.
Support should appear near 126-21 and 126-07.
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029.
DEC JAPANESE YEN
Resistance should appear near 10021 to 10037 and 10104 to 10138.
BW Traders can Sell at 10103 and hold for lower prices.
Support should appear near 9937 to 9921
DEC EURO CURRENCY
Support should appear near 13460 to 13400 and 13340.
Resistance should appear near 13537 and 13615. BW Traders can sell at 13612 and risk 50 points.
DEC SWISS FRANC
Resistance should appear near 10960 to 11010
Support is near 10890 and 10820.
DEC BRITISH POUND
Support should appear near the 16090 and 15927.
Resistance should appear near 16150, beyond that a test of 16237 is likely.
DEC CANADIAN DOLLAR
Resistance should appear near 9625 to 9641
Support should appear near 9542 to 9526.
DEC AUSSIE DOLLAR
Support should appear near 9347 to 9316 and 9237.
Resistance should appear near 9429 to 9445
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1289 and the 1304.0 to 1310.0 region.
Support is near the 1274.0 to 1268.0 region. Below that buyers should appear near 1238.0 to 1232.0
MARCH COPPER
Resistance should appear near 31940 to 32130 and 32610 to 32700.
Support should appear near 31570 to 31480 and the 31020 to 30920 region.
MARCH SILVER
Support should appear near 2042 to 2034. Below that buyers should appear near 1996 to 1982
Resistance is at 2080 to 2089.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 9429 to 9445 and 9526 to 9542
Support should appear near 9347 to 9316. Under that a test of 9156 to 9140 is likely.
JANUARY HEATING OIL
Support should appear near should appear near 28830 to 28740 and the 28290 to 28200 region.
Resistance should appear 29280 to 29370 and the 29720 to 29900 region.
BW Traders can sell at 29710 and risk a close over 29910 for three days in a row.
JANUARY UNLEADED GAS
Support should appear near the 26200 to 26120 then 25680 to 25620
Resistance should appear near 26630 to 26720, beyond that sellers should appear near 27160 to 27240
JANUARY NATURAL GAS
Resistance should appear at 3734 to 3743 and 3795 to 3806
Support should appear near 3563 to 3553 and the 3503 to 3493 region.
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1274 to 1268
Resistance should appear near 1304 to 1310
MARCH SOYOIL
Resistance should appear near 4163 to 4183.
Support should appear near 4056 to 4046 and 3992 to 3982.
MARCH SOYMEAL
Resistance should appear near 404.6 to 405.6
Support should appear near 392.9 to 390.9 and the 386.7 to 385.8 region.
MARCH CORN
Support should appear near and 418 ¼ to 416 ¼ and 412 to 411
Resistance should appear near 423 ¾ to 424 ¾ and 430 ½ to 431 ½
MARCH WHEAT
Resistance should appear near 665 ¾ to 667 ½
Support should appear near 635 to 633 ¾.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13237 and 13100 to 13040
Resistance should appear near 13340 and 13397.
DEC HOGS
Support should appear near 8502 to 8482 region.
Resistance should appear near 8662 to 8687.
FEB HOGS
Support should appear near 8957 to 8932 and the 8872 to 8857 region.
Resistance should appear near 9137 to 9157 and 9317 to 9347
APRIL HOGS
Support should appear near 9157 to 9142.
Resistance should appear near 9317 to 9347.
JUNE HOGS
Support should appear near 9737 to 9707
Resistance should appear near 9922 to 9937
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 10820 and 10680 to 10580.
Resistance should appear near 10960 to 11010, a close over is friendly and augurs for a test of
11300 to 11360.
MARCH COCOA
Resistance should appear near 2820 to 2829.
Support should appear near 2775 to 2758 and 2724 to 2716, below that buyers should appear near 2672 to 2663. BW Traders can buy at 2697 and hold for higher prices.
MARCH SUGAR
Resistance is near 1774 to 1780 and the 1808 to 1822 region.
Support should appear near 1738 to 1731 and the 1696 to 1689 region
MARCH COTTON
Support should appear near the 7589 to 7560 region.
Resistance is at 7939 to 7954
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 18, 2013 4:35 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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2013 All Rights Reserved