FuturesCom Morning Investment Comments Wednesday March 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
“We can easily forgive a child who is afraid of the dark.
The real tragedy of life is when men are afraid of the light”- Plato –
Tuesday March 19, 2013
8:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,370.00 and the 14,210.00 to 14,150.00 region
Resistance is at 14,530.00 to 14,590.00 and 14,710.00.
JUNE E-MINI SP500
Resistance should appear near 1552 and the 1569.00 to 1576.00 region.
BW Traders can sell at 1568.75 for a trade and risk 12 points.
Support should appear near 1535.00 to 1529.00 and 1512.50. BW Traders can buy at
1513.00 and risk a close under 1511 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear near 3261.00 to 3270.00 and 3319.00 to 3328.00
Support should appear near 3213 to 3194 and 3157.00 to 3148.00
JUNE E-MINI NASDAQ 100
Support should appear near 2758.00 and 2742.00. Below that buyers should appear near
2724.00 to 2516.00. BW Traders can buy at 2727.00 and risk a close under 2715.00 for three days in
a row.
Resistance should appear near 2792 and 2820.00 to 2829.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 942.90 to 944.50 and 952.60 to 954.20.
Support should appear near 934.70 to 931.60 and 923.70.00. Below that buyers should appear near 915.60 to 914.00. BW Traders can buy at 915.90 and hold for higher prices.
JUNE 30 YR BOND
Resistance should appear near 144-07 and 144-21
Support should appear near 143-07 and 142-21
JUNE 10 YR NOTE
Resistance should appear near 132-07 and 132-21
Support should appear near 131-07 and 130-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 8391 to 8406
Support should appear near 8314 to 8300 and 8267
JUNE JAPANESE YEN
Resistance should appear near the 10580 to 10630 region.
Support should appear near 10470 and 10360 to 10320.
BW Traders should go short if a close under 10317 occurs. .
JUNE EURO CURRENCY
Support should appear near the 12740 to 12680 region.
Resistance should appear near 12890 then 12965 and the 13040 to 13100 region.
JUNE SWISS FRANC
Resistance should appear near 10580 then 10630 and 10680.
Support should appear near 10525 and 10470, a close under is negative and augurs for a test of the
10360 to 10320 region. BW Traders should go short if a close under 10467 occurs.
JUNE BRITISH POUND
Support should appear near 15042 and the 14960 to14840 region.
Resistance should appear near resistance should appear 15125 and the 15290 to 15350 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9737 then 9779 and the 9821 to 9837 and 9879 region.
BW Traders can sell at 9821 and hold for lower prices. Risk a close over 9887 for three days in a row.
Support should appear near 9641 to 9625.
JUNE AUSSIE DOLLAR
Resistance should appear near 10320 to10360 and 10415 and 10470
Support should appear near 10237 and 10185
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1609 to 1615 and 1628.0
Support is near 1592 and 1576 to 1569.
MAY COPPER
Resistance should appear near 34250 to 34430 and 34930 to 35030.
Support should appear near 33860 to 33770 and 33280 to 33190
MAY SILVER
Resistance should appear near 2928 to 2937 and the 2972 to 2990 region.
Support is at 2883 to 2874 and 2829 to 2820.
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 9429 to 9445 and 9485.
Support should appear near 9237 and 9156 to 9140
MAY HEATING OIL
Support should appear near 28830 to 28740
Resistance should appear near 30360 to 20450
APRIL UNLEADED GAS
Support should appear near 30450 to 30360 29900 to 29720
Resistance should appear 31480 to 31570 and 31940 to 32130
MAY NATURAL GAS
Resistance should appear at 4046 to 4056 and 4110 to 4120
Support should appear near 3867 to 3858 and 3743 to 3734
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1399 and 1383 to 1374
Resistance should appear near 1415 to 1421 and 1437.
MAY SOYOIL
Resistance should appear near 5056 to 5067.
Support should appear near 4926 to 4915
MAY SOYMEAL
Resistance should appear near 416.3 to 418.3 and 423.8 to 424.9
Support should appear near 412.0 to 411.0 and 405.6 to 404.6
MAY CORN
Support should appear 725 ½ to 724 ¼ and 717 ½ to 714 ¼
Resistance should appear near 732 ¾ to 734 ¼ and 748 ¾ to 751 ¾
MAY WHEAT
Resistance should appear near 741 ½ to 742 ¾ and 759 ¾ to 760 ¼
Support should appear near 717 to 714 ¾ and 708 ½ to 707 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12320 to 12380
JUNE HOGS
Support should appear near 8777 to 8752
Resistance should appear near 9037 to 9062.
THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 13100 to 13040
Resistance should appear near 13770 to 13830
MAY COCOA
Resistance should appear near 2170 to 2185
Support should appear near 2089 to 2080
MAY SUGAR
Resistance is near 1902 to 1909
Support should appear near 1822 to 1808.
MAY COTTON
Support should appear near 9060 to 9044 and 8964 to 8934
Resistance is near 9316 to 9347 and 9429 to 9445
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 March 19, 2013
9:20 PM South Florida Beach
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 March 20, 2013 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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