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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Wednesday April 2 2014 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

Morning Investment and Day Trading Comments Wednesday April 2, 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

Courage in a Speculator is merely confidence to act on the decision of his mind

Tuesday April 1, 2014
4:00 PM, South Florida Beach Time.

                                  THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,420.00 and 16,275.00.
Resistance is at 16,550.00 and 16,720.00

JUNE E-MINI SP500

Resistance is at 1883.50 and the 1902.00 to 1909.00 region.
Support should appear near 1865.00 to 1858.00 and 1840.00

NASDAQ COMPOSITE

Resistance should appear near 4304.00 to 4315.00

Support should appear near the 4949.00 to 4238.00 region.

 

 

JUNE E-MINI NASDAQ 100

Support should appear near 3623.00 to 3613.00 and 3563.00 to 3553.00
Resistance is at 3663.00 to 3682.00 and 3734.00 to 3743.00
JUNE E-MINI RUSSELL 2000

Resistance should appear at the 1192.00 to 1203.00 region.
Support should appear near 1180.50 and the 1169.00 to 1164.00 region.
JUNE 30 YR BONDS

Resistance should appear near 133-07 and 133-21.
Support should appear near 132-07 and 131-27

JUNE 10 YR NOTE

Resistance should appear near 123-21 and 124-07

Support should appear near 123-07 and 122-21                                                 

 

                                               THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX

Resistance should appear near 8029 to 8044

Support should appear near 7992 and the 7954 to 7939 region

JUNE JAPANESE YEN
Resistance should appear near 9706 to 9737
Support should appear near 9641 to 9625       

 

JUNE EURO CURRENCY

Support should appear near 13770 and 13615
Resistance should appear near 13830 and 13915

 


JUNE SWISS FRANC

Resistance should appear near 11360 and 11415

Support is near 11300 and 11555

JUNE BRITISH POUND

Support should appear near the 16550 to 16420 region.

Resistance remains near 16720 and the 16890 to 16960 region.
JUNE CANADIAN DOLLAR

Resistance should appear near 9060 and 9140 to 9156
Support should appear near 9044 and 9004.

JUNE AUSSIE DOLLAR

Support should appear near 9156 to 9140
Resistance should appear near 9316 to 9347

                                                     THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1304.0 to 1310.0.

Support is near 1274.0 to 1268.0

MAY COPPER
Resistance should appear near 30920 to 31020

Support should appear near 29900 to 29720.

MAY SILVER

Support should appear near 1953 to 1946 and the 1090 to 1902 region.

Resistance is at 1982 to1996 and 2034 to 2042
                                                                                      

 

 

                                                       THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 10021 to 10037

Support should appear near 9937 to 9921

JUNE CRUDE OIL

Resistance should appear near 9921 to 9937 and 9979

Support should appear near 9879 and 9837 to 9821

 

MAY BRENT CRUDE OIL
Resistance should appear near 10580 and 10630
Support should appear near 10470 and 10360 to 10320

 

MAY HEATING OIL

Support should appear near should 28290 to 28200
Resistance should appear 29280 to 29370

 

MAY UNLEADED GAS

Support should appear 28290 to 28200

Resistance should appear near 28740 to 28830

MAY NATURAL GAS

Resistance should appear at 4425 to 4446

Support should appear near 4183 to 4163         

                                              THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1484 and 1471 ½

Resistance should appear near 1496 and 1529 to 1535

 

 

JULY SOYBEANS
Support should appear near 1453 then 1437 and 1421 to 1415.

Resistance should appear near 1471 ½ and 1484 to 1496

 

NOVEMBER SOYBEANS
Support should appear near 1203 to 1192

Resistance should appear near 1232 to 1238

 

JULY SOYOIL
Resistance should appear near 4238 to 4249
Support should appear near 4120 to 4110

MAY SOYMEAL

Resistance should appear near 484.5 to 485.6 and 491.5 to 492.6

Support should appear near 478.5 to 477.5 and 471.7 to 469.5
JULY CORN

Support should appear near 506 ¾ to 505 ¾ and 499 ½ to 497 ¾
Resistance should appear near 520 to 521 ¼ and 525 ¾ to 528 ¾

 

MAY WHEAT

Resistance should appear near 699 to 700 ¼ and 707 ½ to 708 ¾.

Support should appear 683 ¾ to 680 ¾ and 667 ¼ to 665 ¾        

 

 

 

 

 

 

 

 

 

 

                                                         THE LIVELY LIVESTOCK

JUNE CATTLE

Support should appear near 13617 and 13460 to 13340

Resistance should appear near 13770 to 13830

AUGUST CATTLE

Support should appear near 13342 and 13222

Resistance should appear near 13467 and 13517

APRIL HOGS

Support should appear near 12740 to 12680
Resistance should appear near 12887 and 13040 to 13100

 

JUNE HOGS

Support should appear near 12740 to 12680

Resistance should appear near 12892 and 13040 to 13100                   

                                       

 

 

                                              THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 18080 to 18220 and 18580 to 18650

Support should appear near 17380 to 17310 and 16960 to 16890

 

MAY COCOA

Resistance should appear near 3036 to 3045, beyond that a test of 3092 to 3102 is likely

Support should appear near 2928 and the 2883 to 2874 region.
BW Traders can buy at 2887 for a bounce and hold for higher prices.

 

 

 

MAY SUGAR

Resistance is near 1731 to 1738
Support should appear near 1655 to 1642
MAY COTTON

Support should appear near 9156 to 9140
Resistance is at 9526 to 9542
                                       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 1, 2014 5:10 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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