Dec 182012
 

FuturesCom  Morning Investment Comments  Wednesday December 19, 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

Tuesday December 18, 2012
6:30 PM South Florida Beach Time

 

                                          THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,340.00 and the 13,100.00 to 13,040.00 region.
Resistance should appear near 13,460.00 and 13,770.00 to 13,830.00

MARCH E-MINI SP500
Resistance should appear near 1454 to 1459 and 1484.00 to 1496.00
Support should appear near 1421.00 to 1415.00.

NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00
Support should appear near 3045.00 to 3036.00

 

MARCH E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2758.00 to 2775.00

 

 

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 856.00 to 858.90 and 876.20 to 877.70
Support should appear near 840.60 to 839.10 and 822.30 to 819.40

MARCH 30 YR BOND
Resistance should appear near 146-21 and 147-07

Support should appear near 145-07 and 144-21

MARCH 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 131-07 and 130-07                                                       


THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near the 7864 to 7834 region.
MARCH JAPANESE YEN
Resistance should appear near 11920 to 12030.
Support should appear near the 11690 to 11640 region.

MARCH EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460.

MARCH SWISS FRANC
Resistance should appear near 11010 and 11155
Support should appear near 10960 and 10820.

MARCH BRITISH POUND
Support should appear near 16150 to 16090
Resistance should appear near 16420 to 16550.
MARCH CANADIAN DOLLAR
Resistance should appear near 10175 and 10235
Support should appear near 10104 and 10037 to 10021

MARCH AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320.
 

 

 

 

            THE PRECIOUS METALS

FEBRUARY GOLD
Resistance
should appear near 1689 to 1696.
Support is near 1655.0 to 1642

MARCH COPPER
Resistance should appear near the 37340 to 37450 region. Beyond that sellers should appear near 37950 to 38060.
Support should appear near 36230 to 36130 and the 35630 to 35530 region.

MARCH SILVER
Resistance should appear near 3261 to 3270
Support is at 3102 to 3092

 

 

THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 8934 to 8964 and 9140 to 9156
Support should appear near 8683 to 8668 and the 8589 to 8560 region..

JANUARY HEATING OIL
Support should appear near 29370 to 29280.  BW Traders can buy at 29410 for a bounce and hold for higher prices. Below that support should appear near 28830 to 28740.
Resistance should appear near 30360 to 30450 and 31480 to 31570

JANUARY UNLEADED GAS
Resistance should appear near 27580 to 27750 and 28200 to 28290

Support should appear near 26200 to 26120. Below that buyers should appear near 25680 to 25520…

JANUARY NATURAL GAS
Resistance should appear at 3553 to 3563 and 3663 to 3683
Support should appear near 3157 to 3148 and the 2990 to 2972 region.

THE GRANDE’ GRAINS

 

MARCH SOYBEANS
Support should appear near 1421 to 1415
Resistance should appear near 1484 to 1496

MARCH SOYOIL
Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.
Support should appear near 4926 to 4915 and the 4856 to 4845 region.

 

 

 

MARCH SOYMEAL
Resistance should appear near 457.1 to 458.2
Support should appear near 431.5 to 430.6

 

MARCH CORN
Support should appear 691 ¾ to 690 ¾
Resistance should appear near 748 ¾ to 751 ¾

MARCH WHEAT
Resistance should appear near 830 to 831 ¼ and 839 ¼ to 840 ¾, BW Traders can sell at 839 for a turn lower and risk a close over 843 for three days in a row. Beyond that sellers should appear near 856 to 858 ¾

Support should appear near 804 ½ to 802 ¾ and the 795 ½ to 792 ¾ region.

 

 

THE LIVELY LIVESTOCK
FEBRUARY CATTLE

Support should appear near 13220 and 13100 to 13040.
Resistance should appear near 13340 to 13460

APRIL CATTLE

Support should appear near 13617 and 13460

Resistance should appear near 13770 to 13830

 

FEBRUARY HOGS

Resistance should appear near 8667 to 8682 and 8762 to 8777

Support should appear near 8502 to 8482 and 8407 to 8392

 

APRIL HOGS

Support should appear near 9062 to 9042 and 8967 to 8937 region.

Resistance should appear near  9137 to 9157 and 9300 to 9317 to 9347

JUNE HOGS

Support should appear near 9937 to 9922 and the 9837 to 9822 region.
Resistance should appear near 10022 to 10037 and 10102 to 10137

 

THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14210 to 14150 and the 13830 to 13770 region.
Resistance should appear near 14840 to 14960 and the15290 to 15350 region.

.

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

Support should appear near 2370 to 2354 and the 2322 to 2315 region.

 

 

MARCH SUGAR
Support is at 1909 to 1902 and 1865 to 1858.
Resistance should appear near 1945 to 1953 and 1982 to 1996. BW Traders can Sell at 1977 and risk a close over 2002 for three days in a row.

MARCH COTTON
Support should appear near 7428 to 7414 and 7342 to 7328
Resistance is near 7763 to 7777 and the 7836 to 7864 region.

 

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 18, 2012
7:30 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 19 -2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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