Morning Investment and Day Trading Comments Wednesday January 08, 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
“Perfection is not attainable, but if we chase perfection we can catch excellence.” — Vince Lombardi —
Tuesday January 07, 2014
9:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,420.00 and 16,285.00.
Resistance is at 16,550.00 then 16,635.00 and 16,720.00.
MARCH E-MINI SP500
Resistance should appear near 1840.00. Beyond that a test of the 1858.00 to 1865.00 region is likely.
Support should appear near the 1822.00 to 1808.00 region. Below that buyers should appear
near 1794.00
NASDAQ COMPOSITE
Resistance should appear near 4163.00 to 4183.00.
Support should appear near the 4141.50 and 4120.00 to 4110.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3528.50 and the 3503.00 to 3493.00 region.
BW Traders can buy at 3504.00 and hold for higher prices.
Resistance is at the 3553.00 to 3563.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear at the 1164.00 to 1169.00 region.
Support should appear near 1150.00 and the 1136.00 to 1130.00 region.
MARCH 30 YR BOND
Resistance should appear near 129-21 and 130-07
Support should appear near 128-21 and 128-07
MARCH 10 YR NOTE
Resistance should appear near 123-21 and 124-07
Support should appear near 123-07 and 122-21.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029
MARCH JAPANESE YEN
Resistance should appear near 9542 then 9583 and the 9625 to 9641 region.
Support should appear near 9526, below that a test of 9485 and the 9445 to 9429 region is likely
MARCH EURO CURRENCY
Support should appear near 13615 and the 13460 to 13340 region.
Resistance should appear near 13690 and 13770 to 13830.
MARCH SWISS FRANC
Resistance should appear near 11087 and 11155 and 11300 to 11360
Support is near the 11010 to 10960 and 10820
MARCH BRITISH POUND
Support should appear near 16357 and 16285.
Resistance should appear near 16420 to 16550
MARCH CANADIAN DOLLAR
Resistance should appear near 9316 to 9347.
Support should appear near 9237 and the 9156 to 9140 region.
MARCH AUSSIE DOLLAR
Support should appear near 8871 to 8856 and 8777 to 8762.
Resistance should appear near 8934 to 8964 and 9044 to 9060
THE PRECIOUS METALS
FEBRUARYGOLD
Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support should appear near 1217.5 and 1203.0 to 1192.0
MARCH COPPER
Resistance should appear near 33770 to 33860 and 34250 to 34430.
Support should appear near 33280 to 33190 and 32700 to 32610.
BW Traders can buy at 32720 and hold for higher prices.
MARCH SILVER
Support should appear near 1953 to 1946 and 1909 to 1902
Resistance is at 1982 to 1996 and 2034 to 2042
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Resistance should appear near 9429 to 9445 and 9526 to 9542
Support should appear near 9347 to 9316, below that a test of 9156 to 9140 is likely.
FEBRUARY BRENT CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10580
FEBRUARY HEATING OIL
Support should appear near should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear 29720 to 29900 and 30360 to 30450
FEBRUARY UNLEADED GAS
Support should appear near 26630 and 26200 to 26120.
Resistance should appear near 27160 to 27240
FEBRUARY NATURAL GAS
Resistance should appear at 4370 to 4381 and 4425 to 4446
Support should appear near 4315 to 4304 and 4249 to 4238.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1268 and 1238 to 1232.
Resistance should appear near 1289 and 1304 to 1310.
MARCH SOYOIL
Resistance should appear near 3795 to 3806 and 3858 to 3867.
Support should appear near the 3743 to 3734 and 3682 to 3663
MARCH SOYMEAL
Resistance should appear near 416.3 to 418.3.
Support should appear near 405.6 to 404.6
MARCH CORN
Support should appear near and 424 ¾ to 423 ¾ and 418 ¼ to 416 ¼
Resistance should appear near 430 ½ to 431 ½ and 437 to 438 ¼
MARCH WHEAT
Resistance should appear near 610 to 611 ½ and 616 ½ to 619.
Support should appear near 603 ½ to 602 ¾ and 588 to 585 ½
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 13617 and 13537.
Resistance should appear near 13770 to 13820
APRIL CATTLE
Support should appear near the 13617 and 13537.
Resistance should appear near 13770 to 13830
FEB HOGS
Support should appear near 8502 to 8482 and 8407 to 8392
Resistance should appear near 8562 to 8592 and 8667 to 8682
APRIL HOGS
Support should appear near 9062 to 9042 and 8967 to 8932
Resistance should appear near 9142 to 9157 then 9237 and 9317 to 9347
JUNE HOGS
Support should appear near 10037 to 10022 and 9937 to 9922
Resistance should appear near 10102 to 10137 then 10187 and 10317 to 10362
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 11690 to 11640 and 11500
Resistance should appear 11920 to 12030 and 12320 to 12380.
MARCH COCOA
Resistance should appear near 2716 to 2724 and 2758 to 2775
Support should appear near 2672 to 2663 and 2620 to 2612
MARCH SUGAR
Resistance is near 1609 to 1615 and 1642 to1655
Support should appear near 1576 to 1569 and 1535 to 1529
MARCH COTTON
Support should appear near 8406 to 8391 and 8314 to 8300.
Resistance is at 8484 to 8499 and 8560 to 8589
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 January 07, 2014 10:30 PM South Florida Beach Time
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