Morning Investment and Day Trading Comments Tuesday October 8, 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 October 7, 2013
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 14,960.00 to 14,840.00 region.
Resistance should appear near 15.125.00 and 15,290.00 to 15,350.00
DEC E-MINI SP500
Resistance should appear near 1680.50 and the 1689.00 to 1696.00 region.
Support should appear near the 1655.00 to 1642.00 region. BW Traders who have ice water running thru their veins can buy at 1656.25 and risk a close under 1641.00 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear near 3795.00 to 3806.00 and 3858.00 to 3867.00 region
Support should appear near 3769.00 and the 3743.00 to 3734.00 region.
DEC E-MINI NASDAQ 100
Support should appear near 3213.00 to 3194.00 the 3157.00 to 3148.00 region.
BW Traders can buy at 3158.00 and risk a close under 3144.00 for three days in a row.
Resistance should appear near 3237.00 and the 3261.00 to 3270.00 region.
DEC E-MINI RUSSELL 2000
Resistance should appear at 1082.00 and the 1096.00 to 1101.00 region.
Support should appear near 1058.00 and 1047.00.
DEC 30 YR BOND
Resistance should appear near 133-21 and 134-07 which should cap a rally.
Support should appear near 132-21 and 132-07.
DEC 10 YR NOTE
Resistance should appear near 126-21 and 127-07
Support should appear near 125-21 and 125-07.
THE FRENZIED FOREX FRONT
DEC DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939.
DEC JAPANESE YEN
Resistance should appear near 10320 to 10360.
Support should appear near 10237 and 10185.
DEC EURO CURRENCY
Support should appear near 13537 and 13460 to 13340.
Resistance should appear near 13615 and the 13770 to 13830 region.
DEC SWISS FRANC
Resistance should appear near 11082 and 11155
Support should appear near 11010 to 10960
DEC BRITISH POUND
Support should appear near 15925 and the 15760 to 15690 region.
Resistance should appear near 16090 to 16150
DEC CANADIAN DOLLAR
Resistance should appear near 9706 to 9737 and 9821 to 9845.
Support should appear near 9641 to 9625 and 9542 to 9526.
DEC AUSSIE DOLLAR
Support should appear near 9347 to 9316.
Resistance should appear near 9429 to 9445
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1334.0 to 1346.0 and 1377.0 to 1383.0
Support is near 1322.0 and 1310.0 to 1304.0
DEC COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860
Support should appear near 32700 to 32610 and 32130 to 31940 region.
DECEMBER SILVER
Support should appear near 2226.0 to 2219.0 and 2185.0 to 2170.0
Resistance at 2267.0 to 2274.0 and 2354.0 to 2370.0
THE EXCITING ENERGIES
NOV CRUDE OIL
Resistance should appear near 10320 to 10360
Support should appear near 10185 and 10136 to 10104.
DEC CRUDE OIL
Resistance should appear near 10360 and 10470
Support should appear near 10237 and 10185
DEC HEATING OIL
Support should appear near should appear near 29900 to 29720 and 29370 to 29280.
Resistance should appear 30360 to 30450, beyond that a test of 30920 to 31020 is likely.
DEC UNLEADED GAS
Support should appear near 25680 to 25620.
Resistance should appear near 26630 to 26720
DEC NATURAL GAS
Resistance should appear at 3795 to 3806 and the 3858 to 3867 region.
Support should appear near 3663 and the 3563 to 3553 region which should hold.
THE GRANDE’ GRAINS
JAN SOYBEANS
Support should appear near 1289 and the 1274 to 1268 region.
Resistance should appear near 1304 to 1310.
DEC SOYOIL
Resistance should appear near 4046 to 4056
Support should appear near 3929 to 3909
DEC SOYMEAL
Resistance should appear near 430.4 to 431.5 and the 442.5 to 444.6 region.
Support should appear near 405.6 to 404.6 and the 399.2 to 398.2 region
DEC CORN
Support should appear near and 438 ¼ to 437.
Resistance should appear near 463 ¾ to 465.
DEC WHEAT
Resistance should appear near 699 to 700 ¼ and 707 ½ to 708 ¾.
Support should appear near 675 ½ to 674 ¾ and the 667 ¼ to 665 ¾.
THE LIVELY LIVESTOCK
DEC CATTLE
Support should appear near 13100 to 13040.
Resistance should appear near 13340 to 13460.
FEB CATTLE
Support should appear near 13340 and 13217
Resistance should appear near 13460 and 13530
OCT HOGS
Support should appear near 9157 to 9137 and the 8967 to 8932 region.
Resistance should appear near 9312 to 9347.
DEC HOGS
Support should appear near 8682 to 8667 and 8592 to 8562.
Resistance should appear near 8857 to 8872 and 8932 to 8967
FEB HOGS
Support should appear near 8956 to 8932 and the 8872 to 8857 region.
Resistance should appear near 9042 to 9062 and the 9137 to 9157 region.
APRIL HOGS
Support should appear near 8956 to 8932 and the 8872 to 8857 region.
Resistance should appear near 9042 to 9062 and the 9137 to 9157 region.
JUNE HOGS
Support should appear near 9447 to 9427 and the 9347 to 9312 region.
Resistance should appear near the 9622 to 9642 region.
THE SATISFYING SOFTS
DEC COFFEE
Support should appear near 11360 to 11300 and the 11010 to 10960 region.
Resistance should appear near 11640 to 11690
DECEMBER COCOA
Resistance should appear near 2716 to 2724.
Support should appear near the 2672 to 2663 region
MARCH SUGAR
Resistance is near1865 and the 1902 to 1909 region.
Support should appear near 1822 to 1808
DEC COTTON
Support should appear near 8314 to 8300
Resistance is at 8560 to 8589.
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 October 7, 2013
3:45 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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2013 All Rights Reserved
Sorry, the comment form is closed at this time.