FuturesCom  Morning Investment Comments  Thursday April 25, 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

“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–” – Reminiscences of a Stock operator. –

Wednesday April 24, 2013

12:00 Noon South Florida Beach Time

                                    THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,590.00 to 14,530.00 and 14,370.00…
Resistance remains near 14715.00 and the 14,840.00 to 14.960.00 region.

JUNE E-MINI SP500

Resistance should appear near 1591.50 and the 1609.00 to 1615.00 region.

Support should appear near 1569.00 then 1552.00 and the 1535.00 to 1529.00 region.

 

NASDAQ COMPOSITE
Resistance should appear near the 3319.00 to 3328.00 region
Support should appear near the 3213.00 to 3194.00 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2797 and the 2775.00 to 2758.00 region.
Resistance should appear near 2874.00 to 2883.00. BW Traders can sell at 2873 and risk 30 points.

 

 

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near 931.60 to 934.70 and 942.90 to 944.50
Support should appear near 906.00 to 904.40 and the 887.10 to 885.80 region.

JUNE 30 YR BOND
Resistance should appear near 148-21 and 149-07
Support should appear near 147-21 and 147-07.
JUNE 10 YR NOTE
Resistance should appear near 133-21 and 134-07
Support should appear near 132-21 and 132-07.

                                           

                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near the 8391 to 8406 region.
Support should appear near 8300 and 8262

JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136 then 10185 and 10237.
Support should appear near 10037 to 10021 and the 9937 to 9921 region.

JUNE EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region
Resistance should appear near 13040 to 13100. BW Traders can sell at 13097 and risk a close over 13107 for three days in a row.   

 

JUNE SWISS FRANC
Resistance should appear near 10580 to 10630
Support should appear near 10470 and the 10360 to 10320 region

JUNE BRITISH POUND
Support should appear near 15125 and the 14960 to 14840 region
Resistance should appear near resistance should appear near the 15290 to 15350 region.

JUNE CANADIAN DOLLAR
Resistance should appear near 9737 and 9779.
Support should appear near 9706 and 9641 to 9425.

JUNE AUSSIE DOLLAR
Resistance should appear near 10237 and the 10320 to 10360 region. BW Traders can sell at 10317 and hold for lower prices
Support should appear near 10185 and the 10136 to 10104 region

 

 

 

            THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near the 1453 to 1459 region. Beyond that Sellers should appear near the 1484 to 1496 region and cap a rally. BW Traders can sell at 1483.00 and risk a close over 1497 for three days in a row.
Support is near 1383.00 to 1377.00 and 1346 to 1334

JULY COPPER
Resistance should appear near 31940 to 32130 and the 32610 to 32700 region.
Support should appear near 31570 to 31480 then 31020 to 30920 and 30450 to 30360

JULY SILVER
Resistance should appear near 2315 to 2322 and 2354 to 2370.
Support is at 2275 to 2267 and 2226 to 2219

THE EXCITING ENERGIES

JUNE CRUDE OIL
Resistance should appear near 9140 to 9156 then 9235 and the 9316 to 9347 region

Support should appear near 9060 to 9044 and 8964 to 8934

 

JUNE HEATING OIL
Support should appear near 28200 and the 27750 to 27580 region
Resistance should appear near the 28740 to 28830 and 29280 to 29370
JUNE UNLEADED GAS
Support should appear near 27240 to 27160 and 26720 to 26630

Resistance should appear 27580 to 27750 and 28200 to 28290
BW Traders should go long of a close over 27770 occurs.
JUNE NATURAL GAS
Resistance should appear at 4304 to 4316 and 4425 to 4446
Support should appear near 4183 to 4163 and 4120 to 4110
THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1346 to 1334 and 1310 to 1304
Resistance should appear near 1361 ½ and 1377 to 1383
JULY SOYOIL
Resistance should appear near 4915 to 4926
Support should appear near 4785 to 4775

JULY SOYMEAL
Resistance should appear near 398.2 to 399.2 and 404.6 to 405.6.
Support should appear near 386.7 to 385.8 and 380.6 to 379.5.

 

JULY CORN
Support should appear 611 ¼ to 610 ¼ and 603 ½ to 602 ¼
Resistance should appear near 625 ¾ to 627 and 633 ¾ to 635  

JULY WHEAT

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

Support should appear near 691 ¾ to 690 ¾ and 683 ¾ to 680 ¾

 

THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12172 and 12320 to 12380

JUNE HOGS

Support should appear near 9062 to 9042 and 8967 to 8937
Resistance should appear near the 9142 to 9162 region. BW Traders can sell at 9137 and hold for lower prices.  Beyond that sellers should appear near 9232 and the 9312 to 9347 region
BW Traders should go short if a close under 8932 occurs.

OCTOBER HOGS
Support should appear near 8047 to 8027 and 7957 to 7937
Resistance should appear near 8117 to 8137 and 8192 to 8222.

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13460 to 13340
Resistance should appear near 14150 to 14210.

JULY COCOA
Resistance should appear near 2338 and the 2354 to 2370 region.

Support should appear near 2275 to 2267 and the 2226 to 2219 region.

JULY 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.

 

JULY COTTON
Support should appear near 8300 and 8223 to 8194
Resistance is near 8391 to 8406 and 8484 to 8499

–A Ship in Harbor is Safe…But that is not what ships are built for –

Happy Trading!
Bill wil@futurescom.com
Wednesday April 24, 2013
1:45 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.

FuturesCom Morning Futures Comments  Thursday April 25, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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