Jan 282014
 

Morning Investment and Day Trading Comments Wednesday January 29, 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

Tuesday January 28, 2014

2:00 PM, South Florida Beach Time.

Traders should stay nimble and tune in for additional analysis, BW flashes, Updates and Day Trades.

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 15,760.00 to 15,690.00 and the 15,350.00 to 15,290.00 region.

Resistance is at 16.090.00 to 16,150.00 and the 16,420.00 to 16,550.00 region.

MARCH E-MINI SP500

Resistance should appear near 1794.00 then 1808.00 to 1822.00 and the 1858.00 to 1865.00 region

Support should appear near 1780.00 to 1774.00 then 1756.00 and the 1738.00 to 1731.00 region.

NASDAQ COMPOSITE

Resistance should appear near 4110.00 to 4120.00.

Support should appear near the 4056.00 to 4046.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 3468.00 and the 3443.00 to 3425.00 region.

Resistance is at 3503.00 and the 3553.00 to 3563.00 region.

MARCH E-MINI RUSSELL 2000

Resistance should appear at 1136.00 then 1150.00 and the 1164.00 to 1169.00 region.

Support should appear near 1130.00 then 1115.50 and the 1101.00 to 1096.00 region.

Stay tuned for Flashes and trade accordingly

MARCH 30 YR BOND

Resistance should appear near 133-07 then 133-21 and 134-07

Support should appear near 132-07 then 131-21 and 131-07

MARCH 10 YR NOTE

Resistance should appear near 125-21 and 126-07.

Support should appear near 124-21 and 124-07.

THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near the 8119 to 8134 region.

Support should appear near 8044 to 8029.

MARCH JAPANESE YEN

Resistance should appear near 9821 to 9837 and 9921 to 9937

Support should appear near 9706 below that an eventual test of 9347 to 9316 is likely.

Stay tuned for Flashes.

MARCH EURO CURRENCY

Support should appear near 13615 and the 13460 to 13340 region.

Resistance should appear near the 13770 to 13830 region.

BW Traders can sell at 13761 for a trade and risk a close over 13837.

MARCH SWISS FRANC

Resistance should appear near 11227 and the 11300 to 11360 region.

BW Traders can sell at 11297 and hold for lower prices.

Support is near the 11010 to 10960 region.

MARCH BRITISH POUND

Support should appear near 16550 to 16420.

Resistance remains near 16720 and 16890 to 16960.

MARCH CANADIAN DOLLAR

Resistance should appear near 9044 to 9060

Support should appear near 8856 to 881

MARCH AUSSIE DOLLAR

Support should appear near 8683 to 8668, failure to hold is negative and augurs for a test of

8589 to 8560.

Resistance should appear near 8762 to 8777 and 8856 to 8871

THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1268.0 to 1274.0.

Support should now appear near 1238.0 to 1232.0.

MARCH COPPER

Resistance should appear near 33190 to 33280.

Support should appear near 32130 to 31940

MARCH SILVER

Support should appear near 1946. Below that a test of 1909 to 1902 is likely.

Resistance is at 1982 to 1996 and 2034 to 2042

THE EXCITING ENERGIES

MARCH CRUDE OIL

Resistance should appear near 9821 to 9837

Support should appear near 9347 to 9316

MARCH BRENT CRUDE OIL

Resistance should appear near 10820 then 10960 to 11010.

Support should appear near 10680 to10580.

MARCH HEATING OIL

Support should appear near should appear near 29720 and 29370 to 29280.

Resistance should appear the 30360 to 30450 region.

MARCH UNLEADED GAS

Nearby Support should appear 26200 to 26120 and 25680 to 25520.

Resistance should appear near 27160 to 27240 and 27580 to 27750

MARCH NATURAL GAS

Resistance should appear at 5056 to 5067 and 5127 to 5139

Support should appear near 4856 to 4845 and the 4582 to 4571 region

THE GRANDE’ GRAINS

MARCH SOYBEANS

Support should appear near 1274 to 1268.

Resistance should appear near 1289 and the 1304 to 1310 region.

Trade Accordingly…

MARCH SOYOIL

Resistance should appear near 3743 and 3795 to 3806

Support should appear near the 3682 to 3663 and 3623 to 3613

MARCH SOYMEAL

Resistance should appear near 430.4 to 431.5 and the 437.0 to 438.1 region.

Support should appear near 412.0 to 411.0 and the 405.6 to 404.6 region.

MARCH CORN

Support should appear near the 424 ¾ to 423 ¾ region.

Resistance should appear near 437 to 438 ¼.

MARCH WHEAT

Resistance should appear near 585 ½ to 588 and 602 ¼ to 603 ½.

Support should appear 557 ¾ to 555 ¼ and the 550 ¼ to 549 ¼ region.

THE LIVELY LIVESTOCK

APRIL CATTLE

Support should appear near 13830 to 13770

Resistance should appear near 14150 to 14210

JUNE CATTLE

Support should appear near 13100 to 13040

Resistance should appear near 13340 to 13460.

FEB HOGS

Support should appear near 8407 to 8392 and 8317 to 8302

Resistance should appear 8557 to 8587 and 8662 to 8682.

APRIL HOGS

Support should appear near 9347 to 9317 and the 9167 to 9137 region

Resistance should appear near 9427 to 9447 and the 9527 to 9542 region.

JUNE HOGS

Support should appear near 10237 and 10137 to 10102.

Resistance should appear near 10317 to 10357.

THE SATISFYING SOFTS

MARCH COFFEE

Support should appear near 11360 to 11300 and 11010 to 10960

Resistance should appear 11640 to 11690 and 11920 to 12030.

MARCH COCOA

Resistance should appear near 2928 to 2937 and 2972 to 2990.

Support should appear near 2883 to 2874 and 2829 to 2820.

MARCH SUGAR

Resistance is near 1529 to 1535

Support should appear near 1459 to 1453.

MARCH COTTON

Support should appear near 8314 to 8300

Resistance is at 8668 to 8682.

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 28, 2014 3:15 PM South Florida Beach Time

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