Day Trading and Investment Comments Wednesday December 17, 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 December 16, 2014

12:00 Noon, South Florida Beach Time   

Traders should stay nimble and stay tuned for flashes in all markets during the holidays.

 

                                      THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support is near 17,125.00 and the 16,960.00 to 16,890.00 region.
Resistance is at 17,310.00 to 17,380.00. Beyond that sellers should appear near 17,560.00.
DOW JONES TRANSPORTS

Support should appear near 8777.00 to 8762.00 and 8683.00 to 8668.00 region.

Resistance is at 8934.oo to 8964.00 and 9044.00 to 9060.00.

 

 MARCH E-MINI SP500

Resistance should appear near 1996.00 and 2015.00

Support should appear near 1967.50 and the 1953.00 to 1946.00 region.

 

NASDAQ COMPOSITE

Resistance should appear at 4650.00 then 4695.00 to 4717.00 and 4775.00 to 4785.00.
Support should appear near the 4572.00. Below that a test of 4514.00 to 4503.00 is likely.
MARCH E-MINI NASDAQ 100
Support should appear near 4110.00 and 4056.00 to 4046.00.
Resistance is at 4183.00 then 4210.00 and 4238.00 to 4249.00

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1150.00 and 1164.00 to 1169.00.
Support should appear near 1136.00 to 1130.00, a close under is negative and augur for a test of  1115.00.

 

MARCH 30 YR BONDS

Resistance should appear near 146-21 then 147-07 and 147-21
Support should appear near 145-07 then 144-21 and 144-07.

 

MARCH 10 YR NOTE

Resistance should appear near 128-08. Beyond that sellers should appear near 128-21.
Support should appear near 126-22 and 126-07.                                               

 

                                             THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 8856 to 8871 and 8934 to 8964

Support should appear near 8817 and the 8777 to 78762 region.
MARCH JAPANESE YEN
Resistance should appear near 8560 to 8589 and 8668 to 8683.
Support should appear near 8499 to 8484 and 8406 to 8391.
MARCH EURO CURRENCY

Support should appear near 12445 and the 12380 to 12320 region.

Resistance should appear near 12530 then 12607 and the 12680 to 12740 region.
MARCH SWISS FRANC

Resistance should appear near 10470 and the 10580 to 10680 region.

Support should appear near 10360 to 10320.

 

MARCH BRITISH POUND

Support should appear near 15690 then 15527 and 15350 to 15290
Resistance should appear near 15760 and 15837
MARCH CANADIAN DOLLAR

Resistance should appear near 8589 and 8668 to 8683
Support should appear near 8560, below that a test of 8499 to 8484 is likely.
MARCH AUSSIE DOLLAR
Support should appear near 8134 to 8119 and 8044 to 8029.
Resistance should appear near 8194 to 8223 and 8300 to 8314
BW Traders can sell at 8297 and risk a close over 8327 for three days in a row.                                                 

 

                                                         THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1203 then 1217.50 and 1232.0 to 1238.0

Support should appear near 1192.0 then 1180.5 and the 1169.00 to 1164.0 region.

 

 

 

MARCH COPPER
Resistance should appear near 28740 to 28830 and 29280 to 29370

Support should appear near 28290 to 28200, below that a test of 27750 to 27580 is likely.
MARCH SILVER

Support should appear near 1535 to 1529 and the 1496 to 1484 region.

Resistance is at 1609 to 1615 then 1642 to 1655 and 1689 to 1696
                                           THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 5577 to 5553 and the 5504 to 5492 region. Below that a test of 5430 to 5418 and the 5356 to 5344 region is likely
Resistance should appear near 5716 to 5729 then 5792 to 5805 and 5855 to 5880.
BW Traders should go short if a close under 5417 occurs.
FEBRUARY BRENT CRUDE OIL
Support should appear near 5957 to 5945 and the 5805 to 5792 region.
Resistance should appear near 6023 to 6035 then 6101 to 6123 and 6165 to 6190

 

FEBRUARY HEATING OIL

Support should appear near 18650 to 18580 and 18220 to 18080

Resistance should appear 19460 to 19530 and 19820 to 19960.
FEBRUARY UNLEADED GAS

Support should appear 15350 to 15290 below that a test of 14960 to 14840 is likely.
Resistance should appear near 15690 to 15670 then 16090 to 16150 and 16420 to 16550.

FEBRUARY NATURAL GAS

Support should appear near 3.623 to 3.613 and the 3.563 to 3.553 region.
Resistance should appear near 3.734 to 3.743 and 3.858 to 3.867                                                                                            

 

 

                                                 THE GRANDE’ GRAINS

 

MARCH SOYBEANS
Support should appear near 1013 ¾ to 1010 ½ and 103 ¾ to 1002 ¾

Resistance should appear near 1032 to 1036 then 1047 and the 1058 to 1068 region.

 

MARCH SOYOIL
Support should appear near 3195 and 3157 to 3148.
Resistance should appear near 3261 to 3270 and 3319 to 3328 .

 

MARCH SOYMEAL
Resistance should appear near 349.3 to 350.3 and 361.3 to 362.3.
Support should appear near 344.3 to 342.5 and 338.6 to 337.3
MARCH CORN

Support should appear near 399 ¼ to 398 ¼ and 386 ¾ to 385 ¾.
Resistance should appear near 411 to 412 and 416 ¼ to 418 ¼
MARCH WHEAT
Support should appear near 619 to 616 ½ and 603 ½ to 602 ¾
Resistance should appear near 625 ¾ to 627 and the 633 ¾ to 635 region.                                                                                                       

              

 

                                                     THE LIVELY LIVESTOCK

FEBRUARY CATTLE
Support should appear near 15690 and 15612

Resistance should appear near 15927 and 16090 to 16150

     

APRIL CATTLE

Support should appear near 15690 and 15527

Resistance should appear near 15927 and 16090 to 16150.

 

FEBRUARY HOGS

Support should appear near 8137 to 8117 and 8047 to 8027

Resistance should appear near 8192 to 8227 and the 8300 to 8317 region.
.
APRIL HOGS

Support should appear near 8317 to 8292 and the 8227 to 8192 region

Resistance should appear near 8392 to 8407 and 8482 to 8507

 

JUNE HOGS

Support should appear near 8967 to 8932 and 8872 to 8857

Resistance should appear near 9042 to 9062 then 9107 and 9137 to 9157

 

                                               THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 18080 to 18220. Beyond that sellers should appear near
18580 to 18650

Support should appear near 17380 to 17310.. Below that 16980 to 16890 should bring out buyers

MARCH COCOA

Resistance should appear near 2928 to 2937 and the 3036 to 3045 region…

Support should appear near 2829 to 2820 and 2775 to 2758. Trade Accordingly

 

MARCH SUGAR

Resistance is near 1484 to 1496 and 1529 to 1535.
Support should appear near 1459 to 1453 and the 1421 to 1415 region.

MARCH COTTON

Support should appear near 5957 to 5945 and 5880 to 5855

Resistance is at 6023 to 6035 and 6101 to 6123

 

 

                                      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 16, 2014 3:15 PM South Florida Beach Time
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