Apr 152014
 

Morning Investment and Day Trading Comments Wednesday April 16, 2014 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial

Tuesday April 15, 2014
5:00 PM, South Florida Beach Time.

 

                                       THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,150.00 to 16,090.00.   Resistance is at the 16,420.0 to 16,550.00 region.   


JUNE E-MINI SP500

Resistance is at 1858.00 to 1865.00
Support should appear 1822.00 to 1808.00.
 

 

 

NASDAQ COMPOSITE

Resistance should appear at 4110.00 to 4120.00

Support should appear near 3992.00 to 3982.00

JUNE E-MINI NASDAQ 100

Support remains near the 3443.00 to 3425.00 region. Below that buyers should appear near 3386.00 to 3377.00
Resistance is at 3553.00 to 3563.00 beyond that a test of 3613.00 to 3623.00 is likely
JUNE E-MINI RUSSELL 2000

Resistance should appear at 1130.00 to 1136.00.
Support should appear near 1101.00 to 1092.00

JUNE 30 YR BONDS

Resistance should appear near 135-07 and 135-21
Support should appear near 134-07 and 133-21

JUNE 10 YR NOTE

Resistance should appear near 125-07 and 125-21

Support should appear near 124-07 and 123-21                                                   

 

                                               THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near 7991 and 8029 to 8044

Support should appear near 7954 to 7939.

JUNE JAPANESE YEN
Resistance should appear near 9879, beyond that a test of the 9921 to 9937 region is likely.
Support should appear near 9821 and 9779.       

 

 

 

 

JUNE EURO CURRENCY

Support should appear near 13770 and 13692.
Resistance should appear near 13830 and 13910.

JUNE SWISS FRANC

Resistance should appear near 11500 and 11640 to 11690

Support is near 11360 to 11300

JUNE BRITISH POUND

Support should appear near 16637 and the 16550 to 16420 region.

Resistance should appear near the 16890 to 16960 region.

 

JUNE CANADIAN DOLLAR

Resistance should appear near 9140 to 9156
Support should appear near 9060 to 9044

JUNE AUSSIE DOLLAR

Support should appear near 9237 and 9156 to 9140
Resistance should appear near 9429 to 9445                                                                                        

                                 

                                                  THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1304.0 to 1310.0

Support should appear near 1274.0 to 1268.0
 

MAY COPPER
Resistance should appear near 30920 to 31020.

Support should appear near 29720 and 29370 to 29280

 

 

MAY SILVER

Support should appear near 1865 to 1858 and 1822 to 1808

Resistance is at 1982 to 1996 and 2034 to 2042
                                                                                      

 

                                                     THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 10415, beyond that a test of 10470 and 10580 to 10680 is likely.

Support should appear near 10360 to 10320 and 10230.

JUNE CRUDE OIL

Resistance should appear near 10320 to 10360

Support should appear near 10227 and 10187

 

JUNE BRENT CRUDE OIL
Resistance should appear near the 10960 to 11010 region.
Support should appear near 10815 and the 10680 to 10580 region.

 

MAY HEATING OIL

Support should appear near should appear near 29720 then 29555 and the 29370 to 29280 region.
Resistance should appear near 30130 , beyond that a test of 30360 to 30450 is likely.

 

MAY UNLEADED GAS

Support should appear near should appear near 30130 and the 29900 to 29720 region.
Resistance should appear near 30360 to 30450 and 30685.
JUNE NATURAL GAS

Resistance should appear at 4639 to 4650 and 4695 to 4717

Support should appear near 4514 to 4503 and 4446 to 4425                 

                          

 

 

                                             THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1496 to 1484.

Resistance should appear near 1529 to 1535.

 

JULY SOYBEANS
Support should appear near 1484 and 1471 ½.

Resistance should appear near 1496 and 1512 ½

 

NOVEMBER SOYBEANS
Support should appear near 1217 ½ and the 1203 to 1192 region.

Resistance should appear near 1232 to 1238.

 

JULY SOYOIL
Resistance should appear near 4370 to 4381
Support should appear near 4249 to 4238

JULY SOYMEAL

Resistance should appear near 477.5 to 478.5 and 484.5 to 485.6

Support should appear near 471.7 to 469.5 and 465.0 to 463.9 and 458.2 to 457.1.

 

JULY CORN

Support should appear near 506 ¾ to 505 3/4 and 499 ½ to 497 ¼
Resistance should appear near 512 ¾ to 513 ¾ , beyond that sellers should appear near 520 to 521 ¼.

 

JULY WHEAT

Resistance should appear near 732 ¾ to 734 ¼

Support should appear 700 ¼ to 699 ½.         

 

 

 

 

                                                        THE LIVELY LIVESTOCK

JUNE CATTLE

Support should appear near 13537 and the 13462 to 13342 region.

Resistance should appear near 13612 and 13687, beyond that a test of the 13770 to 13830 region is likely.

 

AUGUST CATTLE
Support should appear near 13342 and 13237.

Resistance should appear near 13400 and 13460.

 

JUNE HOGS

Support should appear near 12030 to 11920.

Resistance should appear near 12320 to 12380.                         


AUGUST HOGS

Support should appear near 11807 and the 11690 to11640 region.

Resistance should appear near 11920 to 12030, beyond that an eventual test of 12175 is likely.                          

 

                                         THE SATISFYING SOFTS

JULY COFFEE

Resistance should appear near 20340 to 20430 and 21260 to 21340.

Support should appear near 19530 to 19460 and 19090 to 19020

 

JULY COCOA

Resistance should appear near 3036 to 3045.

Support should appear near 2937 to 2928.
BW Traders should go long if a close over 3047 occurs
JULY SUGAR

Resistance is near 1774 to 1780 region.
Support should appear near 1738 to 1731.
JULY COTTON

Support should appear near 9156 to 9140 and 9100
Resistance is at 9236, beyond that a trade to 9316 to 9347 is likely.

 

                                       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

 

Tuesday April 15, 2014 6:00 PM South Florida Beach Time

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