“Years of practice at the game, of constant study, of always remembering, enables the trader to act when the unexpected happens as well as when the expected comes to pass. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory”  -Reminiscences of a Stock operator -1929

Tuesday January 08, 2013
5:30 PM South Florida Beach Time

 

                                          THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,220.00
Resistance should appear near 13,460.00 and 13,615.00.

MARCH E-MINI SP500
Resistance should appear 1454.00 to 1459.00 and 1471.50.
Support should appear near 1437.00 and the 1421.00 to 1415.00 which should contain a decline

NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
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 the 876.20 to 877.70 and the 885.60 to 887.10 region.
Support should appear near 868.30 to 866.80 and the 858.90 to 856.00 region.

MARCH 30 YR BOND
Resistance should appear near 145-21. Beyond that sellers should appear near 146-07.

Support should appear near 144-07 and 143-21. Below that a test of 143-07 is likely.

MARCH 10 YR NOTE
Resistance should appear near 132-07 and 132-21, beyond that sellers should appear near 133-07
Support should appear near 131-07 and 130-21.Below that a trade towards 130-07 should occur                                                          

 

 

                                                    THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 8119 to 8134 region.
Support should appear near 8044 to 8029 and 7991
MARCH JAPANESE YEN
Resistance should appear near 11500 and 11640 to 11690. BW Traders can sell at 11637 and hold for lower prices…
Support should appear near 11360 to 11330 and 11300. Below that a test of 11155 and the 11010 to 10960 region is likely to occur. BW Traders Should go short if a close under 11317 occurs
.
MARCH EURO CURRENCY
Support should appear near 13070 then 13040 and 12965
Resistance should appear near  13100 then 13155 and 13220

MARCH SWISS FRANC
Resistance should appear near 10890 and the 10960 to 11010 region.
Support should appear near 10820, an extended trade under is negative and augurs for a test of 10757 and the 10680 to 10580 region.

MARCH BRITISH POUND
Support should appear near 16017 and 15922
Resistance should appear near 16090 to 1615.
Trade accordingly and stay tuned for Flashes
MARCH CANADIAN DOLLAR
Resistance should appear near 10137 then 10175 and 10237.
Support should appear near 10104 and 10037 to 10021

MARCH AUSSIE DOLLAR
Resistance should appear near 10470 and the 10580 to 10680 region.
Support should appear near 10360 to 10320
            THE PRECIOUS METALS

FEBRUARY GOLD
Resistance should appear near the 1689 to 1696 region.
Support is near 1655 to 1642
MARCH COPPER
Resistance should appear near 37340 to 37450.
Support should appear 36230 to 36130.

MARCH SILVER
Resistance should appear near 3092 to 3102
Support is at 2990 to 2972.

 

 

THE EXCITING ENERGIES

FEBRUARY CRUDE OIL
Resistance should appear near 9429 to 9445.
Support should appear near 9237 and the 9156 to 9140 region.

FEBRUARY HEATING OIL
Support should appear near 29900 to 29720 and the 29370 to 29280 region, which should bring in buyers and contain a decline. BW Traders can buy at 29410 for a bounce and hold for higher prices.
Resistance should appear near the 30920 to 31020 region. Above that a trade towards 31480 to 31570 is likely.

FEBRUARY UNLEADED GAS
Resistance should appear near 28120 to 28200, a close over is friendly and augurs for a test of 28830 to 28740 and eventually the 29280 to 29370 region.

Support should appear near 27750 to 27580 and 27240 to 27160.
Stay tuned for Flashes

FEBRUARY NATURAL GAS
Resistance should appear at 3319 to 3328 and 3425 to 3443.
Support should appear near 3157 to 3148 and the 2990 to 2972 region.

THE GRANDE’ GRAINS

 

MARCH SOYBEANS
Support should appear near 1346 to 1334.
Resistance should appear near 1415 to 1421.

MARCH SOYOIL
Resistance should appear near 4973 to 4995 and 5056 to 5067.
Support should appear near 4926 to 4915 and 4856 to 4845

 

MARCH SOYMEAL
Resistance should appear near 411.0 to 412.0 and  416.3 to 418.3
Support should appear near 399.2 to 398.2 and 392.9 to 390.9

 

MARCH CORN
Support should appear 675 ½ to 674 ¾ and the 667 ¼ to 665 ¾ region.
Resistance should appear near 690 ¾ to 692 ¾ and 699 to 700 ¼

MARCH WHEAT
Resistance should appear near 767 ½ to 768 ¾

Support should appear near 734 ¼ to 732 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 13460 to13340 region.

Resistance should appear near 13770 to 13830.

 

FEBRUARY HOGS

Resistance should appear near 8667 to 8682 and 8762 to 8777

Support should appear near 8587 to 8562.and 8502 to 8482
APRIL HOGS

Support should appear near 8872 to 8857 and 8777 to 8762

Resistance should appear near 9037 to 9062 and 9137 to 9157

JUNE HOGS

Support should appear near 9747 to 9737.
Resistance should appear near 9922 to 9937.

Stay tuned for Livestock Flashes and Updates

 

 

THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near 14590 to 14530 and the 14210 to 14150 region
Resistance should appear near 14840 to 14960 and 15290 to 15350.

.

MARCH COCOA
Resistance should appear near 2267 to 2275 and the 2315 to 2322 region. Beyond that sellers should appear near 2354 to 2370. BW Traders can sell at 2351 and hold for lower prices. Risk a close over 2372 for three days in a row

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

MARCH SUGAR
Support is at 1822 to 1808 and 1780 to 1774
Resistance should appear near 1902 to 1909 and 1946 to 1954

MARCH COTTON
Support should appear near 7428 to 7414.
Resistance is near 7763 to 7777.

 

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 08, 2013
6:15 PM South Florida Beach Time 

 

 

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FuturesCom Morning Futures Comments  Wednesday January 09 -2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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