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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Wednesday February 6-2013 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Wednesday February 6, 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

 

 

 

 

 

Tuesday February 5, 2013
2:30 PM South Florida Beach Time

                                          THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 13,830.00 to 13,770.00 region.
Resistance remains near the 14,150.00 to 14,210.00 region.

MARCH E-MINI SP500
Resistance should appear near 1512.50 and the 1529.00 to 1535.00 region.
Aggressive BW Traders who sleep on a bed of Nails can sell 1528.50 and risk 10 points
Support should appear near 1496.00 then 1490.00 and 1484.00.
NASDAQ COMPOSITE
Resistance should appear near the 3194.00 to 3213.00 region.
Support should appear near 3157.00 to 3148.00 and 3125.00.

 

MARCH E-MINI NASDAQ 100
Support should appear near 2741.50 and the 2724.00 to 2716.00 region.
Resistance should appear near 2758.00 to 2775.00 and 2797.50

 

MARCH E-MINI RUSSELL 2000

Resistance is at 910.00 and the 914.00 to 915.60 region.
Support should appear near 906.00 to 904.40 and the 896.40 to 893.40 region. Below that buyers should appear near the 887.10 to 885.60 region. BW Traders can buy at 888.90 for a bounce and risk a close under 885.30 for three days in a row.

MARCH 30 YR BOND
Resistance should appear near 143-07 and 143-21.
Support should appear near 142-07 and 141-21

MARCH 10 YR NOTE
Resistance should appear near 131-21 and 132-07.
Support should appear near 130-21 below that 129-21 should hold.                                                           

 

                                                    THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 7991 and the 8029 to 8044 region
Support should appear near 7954 to 7939 and 7901.

MARCH JAPANESE YEN
Resistance should appear near 10750 and 10820
Support should appear near 10680 then 10630 and 10580.

MARCH EURO CURRENCY
Support should appear near 13537 and the 13460 to 13340 region.
Resistance should appear near 13615 then 13692 and the 13770 to 13830 region
which should cap a rally.

MARCH SWISS FRANC
Resistance should appear near 11087 and 11155
Support should appear near 11010 to 10960.

MARCH BRITISH POUND
Support should appear near 15525, below that a trade towards the 15350 to 15290 region is likely. .
Resistance should appear near 15690 to 15760.

MARCH CANADIAN DOLLAR
Resistance should appear near the 10021 to 10037 and 10079.
Support should appear near 9979 and the 9937 to 9921 region.

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

            THE PRECIOUS METALS
APRIL GOLD

Resistance should appear near 1689 to 1696.
Support is near 1671.5 and 1655 to 1642.
BW Traders should go long if a close over 1697.7 occurs.

MARCH COPPER
Resistance should appear near 37950 to 38060 and 38580 to 38670
Support should appear near 37430 to 37340 and the 36820 to 36630 region, which should hold.

MARCH SILVER
Resistance should appear near 3194 to 3213 and 3261 to 3270
Support is at 3157 to 3148 and the 3102 to 3092 region.

 

 

THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 9706 to 9737and the 9821 to 9837 region.
Support should appear near 9641 to 9625 then 9542 to 9526 and the 9445 to 9429 region.
BW Traders can buy at 9457 and hold for higher prices.

MARCH HEATING OIL
Support should appear near 31570 to 31480 and 31020 to 30920.

Resistance should appear near 32130 and the 32620 to 31940 region.

MARCH UNLEADED GAS
Resistance should appear near 30450 then 30920 to 31020

Support should appear near 30360 and the 29900 to 29720 region.

Stay tuned for Flashes

MARCH NATURAL GAS
Resistance should appear at 3493 to 3503 and 3553 to 3563.
Support should appear near 3386 to 3377 and 3270 to 3261

THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1496 then 1484 and 1471 ½
Resistance should appear near 1512 ½ and the 1529 to 1535 region

MARCH SOYOIL
Resistance should appear near 5344 to 5356 and the 5418 to 5430 region.
Support should appear near 5282 to 5199 and 5211 to 5200.

 

MARCH SOYMEAL
Resistance should appear near 442.5 to 444.6 and 450.3 to 451.4
Support should appear near 438.1 to 437.0 and 431.5 to 430.4         

 

MARCH CORN
Support should appear 725 ½ to 724 ¼ and the 717 to 714 ¼ region
Resistance should appear near 732 ¾ to 734 ¼ and 741 ½ to 742 ¾

MARCH WHEAT
Resistance should appear near 759 ¾ to 760 ¼ and the 767 ½ to 768 ¾ region.

Support should appear near 751 ¼ to 748 ¾ region. Below that buyers should appear near the 742 ¾ to 741 ½ region. BW Traders can buy at 742 ¾ and risk a close under 731 ¾ for three days in a row.

Stay tuned for Grain Flashes

 

 

THE LIVELY LIVESTOCK
APRIL CATTLE

Support should appear near 13100 to 13040

Resistance should appear near 13340 to 13400

JUNE CATTLE
Support should appear near 12740 to 12680.

Resistance should appear near 12887 and the 13040 to 13100 region.
APRIL HOGS

Support should appear near 8777 to 8762 and the 8682 to 8667 region.

Resistance should appear near 8857 to 8872 and 8932 to 8967

JUNE HOGS

Support should appear near 9642 to 9622 and 9542 to 9527
Resistance should appear near 9707 to 9737 and 9822 to 9837.
 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE SATISFYING SOFTS


MARCH COFFEE
Support should appear near 14210 to 14150.
Resistance should appear near 14530 to 14590

 

MAY COCOA
Resistance should appear near 2267 to 2275 region.

Support should appear near 2185 to 2170 and the 2134 to 2126 region.

MAY SUGAR
Resistance is near 1902 to 1902 and the 1946 to 1953 region
Support should appear near 1858 and the 1822 to 1807 region

MARCH COTTON
Support should appear near 8134 to 8119 and 8044 to 8029. Below that buyers should appear near 7954 to 7939. BW Traders can buy at 7955 and hold for higher prices.
Resistance is near 8194 to 8223 and 8300 to 8314.

 

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 February 5, 2013
4:10 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 February 6, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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