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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Wednesday December 05-2012 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Wednesday December 05, 2012 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial-2

 

“There is only one side of the market and it is not the bull side or the bear side, but the right side.”

–Jesse Livermore–
    Tuesday December 04, 2012
7:30 PM South Florida Beach Time

 

                                          THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance remains near the 13,100.00 to 13,040.00 region .Beyond that sellers should appear near the 13,340.00 to 13,460.00 region and cap a rally.

 

DECEMBER E-MINI SP500
Resistance remains near the 1415.00 to 1421.00 region. Beyond that a trade towards 1437 and the 1454 to 1459 is likely.
Support should appear near 1399.00 and the 1383.00 to 1374.00 region, which should contain a decline.

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00, a close over is friendly and augurs for a test of the 3092.00 to 3102.00 region.
Support should appear near 2990.00 to 2972.00 , a close under is negative and augurs for a test of 2938.00 to 2937.00, below that buyers should appear near 2883.00 to 2874.00 and contain a decline.

 

 

 

DECEMBER E-MINI NASDAQ 100
Support should appear near 2663 and 2641.5 an extended trade under augurs for a test of the 2620.00 to 2512.00 region.
Resistance should appear near 2673 and the 2716.00 to 2724.00 region.

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 822.30 and 830.00 to 831.40.
Support should appear near 813.40 to 811.909 and the 804.40 to 802.90 region

 

MARCH 30 YR BOND
Resistance should appear near 150-07 and 151-21.

Support should appear near 149-21 and 149-07.

MARCH 10 YR NOTE
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-07 and 132-21.                                                         

 

                                                   THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near the 7954 to 7939 region.
BW Traders can buy at 7957 and hold for higher prices.
MARCH JAPANESE YEN
Resistance should appear near the 12320 to 12380 region. .
Support should appear near the 12030 to 11920 region.
Stay tuned for flashes

MARCH EURO CURRENCY
Support should appear near 13040 and 12965
Resistance should appear near 13155 and 13220

MARCH SWISS FRANC
Resistance should appear near 10890 and the 10960 to 11010 region.
Support should appear near 10750 below that a test of 10680 to 10580 is likely.

 

MARCH BRITISH POUND
Support should appear near 16017 and 15922.
Resistance should appear near 16090 to 16150.
MARCH CANADIAN DOLLAR
Resistance remains near 10104 to 10136.
Support should appear near 10037 to 10021

MARCH AUSSIE DOLLAR
Resistance should appear near 10415 and 10470
Support should appear near 10360 to 10320

            THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1713.5 and 1731.0 to 1738.0.
Support is near 1696.0 to 1689.0 and 1672.0

MARCH COPPER
Resistance should appear near 36630 to 36820 and the 37340 to 37450 region.
Support should appear near 36230 to 36130 and the 35630 to 35530 region.

MARCH SILVER
Resistance should appear near the 3319 to 3328 and the 3377 to 3386 region. .
Support is at 33270 to 3261 and 3213 to 3194

 

THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8856 to 8871 and the 8934 to 8964 region.
Support should appear near 8777 to 8762 and 8683 to 8668

JANUARY HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280. BW Traders can buy at 29400 for a bounce and hold for higher prices.
Resistance should appear near the 30360 to 30450 and 30920 to 31020

JANUARY UNLEADED GAS
Resistance should appear near 27160 to 27240 and 27580 to 27750.

Support should appear near 26720 to 26630 and 26200 to 26120

Stay tuned for Energy Flashes

JANUARY NATURAL GAS
Resistance should appear at 3613 to 3623 and the 3663 to 3682 region.
Support should appear near 3443 to 3425 and the 3386 to 3377 region
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1437 and the 1421 to 1415 region.
Resistance should appear near the 1484 to 1496 region.

JANUARY SOYOIL
Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.
Support should appear near 4995 to 4973 and 4926 to 4915

 

JANUARY SOYMEAL
Resistance should appear near 442.5 to 444.6 and the 450.30 to 451.40 region
Support should appear near 438.1 to 437.0 and 431.5 to 430.4.

 

 

MARCH CORN
Support should appear near 751 ¾ to 748 ¾ and the 742 ¾ to 741 ½ region.
Resistance should appear near 758 ¾ to 760 ¼ and the 776 ¾ to 777 ¾ region.

MARCH WHEAT
Resistance should appear near 866 ¼ to 868 ¾ and 876 ½ to 877 ¾

Support should appear near 856 and the 849 ¾ to 848 ½ region.
Stay Tuned for Grain Flashes

THE LIVELY LIVESTOCK
FEBRUARY CATTLE

Support should appear near 12957 and 12892
Resistance should appear near 13040 to 13100

APRIL CATTLE

Support should appear near 13400 to 13340

Resistance should appear near 13460 and 13557

 

FEBRUARY HOGS

Resistance should appear near 8562 to 8577 and 8662 to 8687.

Support should appear near 8502 to 8497 and 8407 to 8392

APRIL HOGS

Support should appear near 8967 to 8937 and 8872 to 8867
Resistance should appear 9037 to 9062 and 9100
Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and the 14210 to 14150 region.
Resistance should appear near 14840 to 14840 to 14960 and 15290 to 15350.

 

MARCH COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519

Support should appear near 2419 to 2411 and 2370 to 2354

MARCH SUGAR
Support is at 1909 to 1902 and the 1865 to 1858 region.
Resistance should appear near 1982 to 1996 and 2034 to 2042.
BW Traders can sell at 2032 and risk a close over 2091 for three days in a row.

MARCH COTTON
Support should appear near 7255 to 7242 and 7170 to 7143.
Resistance is near 7328 to 7342 and 7414 to 7428
.

 

                               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 December 4, 2012
9:10 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.

FuturesCom Morning Futures Comments  Wednesday December 05 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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