Morning Investment and Day Trading Comments Tuesday November 5, 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

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty. — Winston Churchill —

 

Monday November 04 2013
3:00 PM South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE

Support should appear near the 15,520.00 and the 15,350.00 to 15,290.00 region.
Resistance remains near the 15,690.00 to 15,760.00 region. A close over is friendly and augurs for a test of 15,925.00 and eventually the 16,090.00 to 16,150.00 region.

 

DEC E-MINI SP500

Resistance should appear near 1774.00 to 1780 region. A close over is friendly and augurs for a test of the 1808.00 to 1822.00 region.
Support should appear near 1757.00 then 1747.00 and the 1738.00 to 1731.00 region.
Aggressive BW Traders should go long if a close over 1780.75 occurs.

 

 

 

NASDAQ COMPOSITE

Resistance should appear near 3955.50 and the 3982.00 to 3992.00 region.

Support should appear near 3929 to 3909.00 and 3888.00.

DEC E-MINI NASDAQ 100

Support should appear near 3377.00 then 3352.50 and the 3328.00 to 3319.00 region.

Resistance should appear near 3386.00 then 3405.50 and the 3425.00 to 3443.00 region.
BW Traders should go long if a close over 3387.00 occurs.    

 

DEC E-MINI RUSSELL 2000

Resistance should appear at 1115.50 and 1130.00 to 1136.00 region.

Support should appear near 1101.00 to 1096.00 and 1082.50.
Stay tuned for Index Flashes.

 

DEC 30 YR BOND

Resistance should appear near 134-07 and 134-21, above that a test of 135-07 is likely.

Support should appear near 133-21 and 133-07. Below that buyers should appear near 132-21

 

DEC 10 YR NOTE

Resistance should appear near 127-07 then 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 10185 and 10227.
Support should appear near 10136 to 10104, a close under is negative and augurs for at test of 10037 to 10021.

 

DEC EURO CURRENCY

Support should appear near 13460 to 13400 and 13340.
Resistance should appear near 13537 and 13615. BW Traders can sell at 13617 and risk 50 points.

DEC SWISS FRANC

Resistance should appear near 11010 and 11087.

Support remains near 10960. A close under is negative and augurs for a test of 10820.

 

DEC BRITISH POUND

Support should appear near 15927 and the 15760 to 15690 region.

Resistance should appear near 16090 to 16150 and should cap early rallies.

 

DEC CANADIAN DOLLAR

Resistance should appear near 9625 to 9641 and the 9706 to 9737 region.
BW Traders can sell at 9705 and risk a close over 9742 for three days in a row.

Support should appear near 9542 to 9526 and the 9445 to 9428 region.

DEC AUSSIE DOLLAR

Support should appear near 9445 to 9429 and 9347 to 9316.
Resistance should appear near 9526 to 9542 and 9625 to 9641

 

                                                       THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1334.0 to 1346.0

Support is near 1310.00 to 1304.0 and 1289.00.

 

DEC COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33280.

Support should appear near 32130 to 31940.

 

 

DECEMBER SILVER

Support should appear near 2134.0 to 2126.0

Resistance at the 2219.0 to 2226.0                                                                               

          

                                                   THE EXCITING ENERGIES

JANUARY CRUDE OIL

Resistance should appear near 9526 to 9542 and 9625 to 9641

Support should appear near 9445 to 9429 and 9347 to 9316.

JANUARY HEATING OIL

Support should appear near should appear near 28740 and the 28290 to 28200 region.
BW Traders with Ice Water running thru their veins can buy at 28310 and risk a close under 28190 for three days in a row.

Resistance should appear 29280 to 29370.

 

JANUARY UNLEADED GAS

Support should appear near 25190 to 25110 and the 24690 to 24610 region.

Resistance should appear near 25620 to 25680 and the 26120 to 26200 region.

 

JANUARY NATURAL GAS

Resistance should appear at 3613 to 3623 and the 3663 to 3682 region.

Support should appear near 3553 and the 3503 to 3493 region.

 

                                                THE GRANDE’ GRAINS

JAN SOYBEANS

Support should appear near 1238.00 to 1232.00 below that buyers should appear near 1203 to 1192.

Resistance should appear near 1268 to 1274, a close over is friendly and augurs for a test of 1304 to 1310.

DEC SOYOIL
Resistance should appear near 4238 to 4249
Support should appear near 4120 to 4110 and the 4056 to 4046 region.

DEC SOYMEAL

Resistance should appear near 404.6 to 405.6 and 416.3 to 418.3.

Support should appear near 392.9 to 390.9 and the 386.7 to 385.8 region.

 

DEC CORN

Support should appear near and 418 ¼ to 416 ¼ and 399 ¼ to 398 ¼

Resistance should appear near 442 ¼ to 448 ½ and 463 ¾ to 465.

DEC WHEAT

Resistance should appear near 665 ¾ to 667 ¼ and 674 ¼ to 675 ½

Support should appear near 659 ¼ to 657 ¾ and 635 to 633 ¾

 

                                                           THE LIVELY LIVESTOCK

DEC CATTLE

Support should appear near 13100 to 13040 and 12892.

Resistance should appear near 13340 to 13460 and 13530.

 

FEB CATTLE
Support should appear near 13340 then 13217 and 13100 to 13040

Resistance should appear near 13460, a close over is friendly and augurs for a test of 13530.

 

DEC HOGS         

Support should appear near 8777 to 8762 and 8682 to 8662.

Resistance should appear near 8932 to 8967 and 9037 to 9062

FEB HOGS
Support should appear near 8957 to 8932 and the 8872 to 8857 region.

Resistance should appear near 9237 and 9317 to 9347

 

 

 

APRIL HOGS

Support should appear near 9237 and 9157 to 9142.
Resistance should appear near 9317 to 9347 and 9427 to 9447

 

JUNE HOGS

Support should appear near 9837 to 9822 and 9737 to 9707.

Resistance should appear near 9922 to 9937 and 10022 to 10037

                                          

                                          THE SATISFYING SOFTS

DEC COFFEE

Support should appear near 10360 to 10320

Resistance should appear near 11300 to 11360.

 

DECEMBER COCOA

Resistance should appear near 2758 to 2775

Support should appear near the 2620 to 2612 region

MARCH SUGAR

Resistance is near 1858 to 1865 and 1902 to 1909.

Support should appear near the 1822 to 1808 and the 1780 to 1774 region.

 

DEC COTTON

Support should appear near 7342 to 7328
Resistance is at 7836 to 7864

 

                                       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 04, 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.

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