FuturesCom Morning Investment Comments Wednesday December 12, 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
“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 11, 2012
8:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040.00.
Resistance remains near the 13,340.00 to 1346.00 region.
MARCH E-MINI SP500
Resistance appear near 1437.00 and the 1453.00 to 1459.00 region.
Support should appear near 1421.00 to 1415.00.
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00
Support should appear near 2990.00 to 2972.00
MARCH E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00
Resistance should appear 2758.00 to 2775.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 856.00 to 858.90
Support should appear near 822.30 to 819.40
MARCH 30 YR BOND
Resistance should appear near 150-07 and 150-21
Support should appear near 148-07 and 147-21
MARCH 10 YR NOTE
Resistance should appear near 134-07 and 134-21
Support should appear near 132-07 and 131-21.
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 12175 and the 12320 to 12380.
Support should appear near the 12030 to 11920 region.
Stay tuned for flashes
MARCH EURO CURRENCY
Support should appear near 12965 and 12890
Resistance should appear near 13040 to 13100 and 13220
MARCH SWISS FRANC
Resistance should appear near 10750 and 10820.
Support should appear near the 10680 to 10580 region
MARCH BRITISH POUND
Support should appear near 16090 and 15922
Resistance should appear near 16285 and 16420 to 16550
MARCH CANADIAN DOLLAR
Resistance remains near 10185 and 10235
Support should appear near 10037 to 10021
MARCH AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
BW Traders can sell at 10577, risk a close over 10687 for three days in a row.
Support should appear near 10360 to 10320
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1731.0 to 1738.0 and 1774.00 to 1780.00
Support is near 1696.0 to 1689.0 and 1655.00 to 1642.00
MARCH COPPER
Resistance should appear near 37340 to 37450 and 37950 to 38060
Support should appear near 36820 to 36630 and 36230 to 36130.
MARCH SILVER
Resistance should appear near 3377 to 3386 and 3425 to 3443
Support is at 3270 to 3261 and 3213 to 3194
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Resistance should appear near 8668 to 8683 and the 8762 to 8777 region.
Support should appear near 8499 to 8484 and 8314 to 8300
JANUARY HEATING OIL
Support should appear near 28290 to 28200
Resistance should appear near 29720 to 29900
JANUARY UNLEADED GAS
Resistance should appear near 26630 to 26720 and 27160 to 27240
Support should appear near 25680 to 25520 and the 25190 to 25110 region.
JANUARY NATURAL GAS
Resistance should appear at 3613 to 3623 and 3663 to 3682
Support should appear near 3386 to 3377 and 3270 to 3261
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1459 to 1453 and 1421 to 1415
Resistance should appear near 1484 to 1496 then1512 ½ and the 1529 to 1535 region.
JANUARY SOYOIL
Resistance should appear near 5056 to 5067 then 5127 to 5139 and 5200 to 5211
Support should appear near 4995 to 4973 and 4926 to 4915
JANUARY SOYMEAL
Resistance should appear near 450.3 to 451.4 and 457.1 to 458.2
Support should appear near 438.1 to 437.0 and 431.5 to 430.4
MARCH CORN
Support should appear near 717 to 714 ¼ and 691 ¾ to 690 ¾
Resistance should appear near 732 ¾ to 734 ¼ and 748 ¾ to 751 ¼.
MARCH WHEAT
Resistance should appear near 830 to 831 ½ and 839 ¼ to 840 ¾
Support should appear near 804 ½ to 802 ¾ and 795 ½ to 793 ¾
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460
APRIL CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13770 to 13830
FEBRUARY HOGS
Resistance should appear near 8560 to 8592
Support should appear near 8317 to 8302
APRIL HOGS
Support should appear near 8872 to 8857
Resistance should appear 9037 to 9067 region.
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and 14210 to 14150
Resistance should appear near 15290 to 1530 and 15690 to 15760
MARCH COCOA
Resistance should appear near 2411 to 2419 and 2461 to 2469
Support should appear near 2370 to 2354 and 2322 to 2315
MARCH SUGAR
Support is at 1865 to 1858 and 1822 to 1808
Resistance should appear 1902 to 1909 and 1982 to 1996
MARCH COTTON
Support should appear near 7255 to 7242
Resistance is near 7763 to 7777 .. BW Traders can sell at 7755 and hold for lower prices.
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 11, 2012
10:00 PM South Florida Beach Time
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FuturesCom Morning Futures Comments Wednesday December 12 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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