FuturesCom  Morning Investment Comments  Wednesday February 20, 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.

 

Tuesday February 19, 2013

3:00 PM South Florida Beach Time

                                       THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,990.00 then 13,910.00 and the 13830.00 to 13,770.00 region.
Resistance should appear near 14,070.00 and the 14,150.00 to 14,210.00 region.

MARCH E-MINI SP500
Resistance should appear the 1529.00 to 1535.00 and 1552.00
support should appear near 1520.75 and 1512.50.

 

NASDAQ COMPOSITE
Resistance should appear near 3213.00 and 3237.00
Support should appear near 3194.00 and 3176.00

 

MARCH E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00 then 2741.00 and the 2724.00 to 2716.00 region.
BW Traders can buy at 2727 and hold for higher prices, risk a close under 2714 for three days in a row.
Resistance should appear near 2797.50 and the 2820.00 to 2829.00 region.

 

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 931.60 to 934.70 and 938.80
Support should appear near 923.70 and the 915.60 to 914.00 region.

JUNE 30 YR BOND
Resistance should appear near 142-07 and 142-21
Support should appear near 141-07 and 140-21

JUNE 10 YR NOTE
Resistance should appear near 130-07 and 130-21
Support should appear near 129-21 and 129-07                                                           

 

 

                                                    THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX
Resistance should appear near 8081 and 8119 to 8134
Support should appear near 8044 to 8029.

MARCH JAPANESE YEN
Resistance should appear near 10750 and 10820.
Support should appear near 10680 and the 10630 to 10580 region.

MARCH EURO CURRENCY
Support should appear near 13340 and 13267
Resistance should appear near 13400 to 13460.

MARCH SWISS FRANC
Resistance should appear near 10890 and the 10960 to 11010 region.
BW Traders can sell at 10957 and hold for lower prices.
Support should appear near 10822 and 10787.

MARCH BRITISH POUND
Support should appear near the15350 to 15290 region.
Resistance should appear near 15530 the 15690 to 15760 region.

MARCH CANADIAN DOLLAR
Resistance should appear near 9921 to 9937.
Support should appear near 9837 to 9821.

Trade Accordingly

MARCH AUSSIE DOLLAR
Resistance should appear near 10360 and 10415
Support should appear near 10320 and 10237.

 

            THE PRECIOUS METALS
APRIL GOLD

Resistance should appear near 1609.0 to 1615.0 beyond that sellers should appear near 1628.5.
Support is near 1592.5 and the 1576.0 to 1569.0 region.

MAY COPPER
Resistance should appear near 37340 to 37430
Support should appear near 36230 to 36130

MAY SILVER
Resistance should appear near 2972 to 2990 and 3036 to 3045
Support is at 2937 to 2928 and 2883 to 2874

THE EXCITING ENERGIES
APRIL CRUDE OIL

Support should appear near 9641 to 9625 then 9542 to 9526 and the 9445 to 9429 region.
BW Traders can buy at 9487 and hold for higher prices
Resistance should appear near 9737 and 9821 to 9837.

APRIL HEATING OIL
Support should appear near 31570 to 31480 and 31020 to 30920
Resistance should appear near 31`940 to 32130 and 32610 to 32700.                   

APRIL UNLEADED GAS
Support should appear near 32700 to 32610 and the 32130 to 31940 region.

Resistance should appear 33190 to 33280 and the 33770 to 33830 region.
APRIL NATURAL GAS
Resistance should appear at 3377 to 3386 and 3425 to 3443
Support should appear near 3270 to 3261 and 3213 to 3194.
THE GRANDE’ GRAINS
MAY SOYBEANS

Support should appear near 1437 and the 1421 to 1415 region.

Resistance should appear near 1471 ½ and the 1484 to 1496 region.
MAY SOYOIL
Resistance should appear near 5344 to 5356 and 5418 to 5430
Support should appear near 5282 to 5259 and 5211 to 5200.

MAY SOYMEAL
Resistance should appear near 430.4 to 431.5 and 437.0 to 438.1
Support should appear near 418.3 to 416.3 and 412.0 to 411.0           

 

MAY CORN
Support should appear 691 ¾ to 690 ¾ and 683 ¾ to 680 ¾.
Resistance should appear near 699 to 700 ¼ and the 707 ½ to 708 ¾ region.

MARCH WHEAT
Resistance should appear near 748 ¾ to 751 ¼.

Support should appear near 717 ¾ to 714

MAY WHEAT

Resistance should appear near 748 ¾ to 751 ¼.

Support should appear near 734 ¼ to 732 ¾ region.
THE LIVELY LIVESTOCK
APRIL CATTLE

Support should appear near 12890 and the 12740 to 12680 region. .

Resistance should appear 13040 to13100.

JUNE CATTLE
Support should appear near 12532 then 12457 and the 12380 to 12320 region.

Resistance should appear near 12680 to 12740

APRIL HOGS

Support should appear near 8227 to 8192 and the 8137 to 8117 region
Resistance should appear near 8392 to 8407 and 8482 to 8502.

 

JUNE HOGS

Support should appear near 9157 to 9142 region.
Resistance should appear near 9317 to 9347.

THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 13460 to 13340
Resistance should appear near 14150 to 12410

 

MAY COCOA
Resistance should appear near 2170 to 2185

Support should appear near 2089 to 2080.

MAY SUGAR
Resistance is near 1808 to 1822.
Support should appear near 1738 to 1731

 

MAY COTTON
Support should appear near 8406 to 8391 and 8317 to 8300.
Resistance is near 8484 to 8499 and 8560 to 8589.
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Tuesday February 19, 2013
4:40 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 February 20, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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