FuturesCom  Morning Investment Comments  Wednesday May 8, 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

 

    “Accomplishments will prove to be a journey, not a destination” — Dwight D. Eisenhower —

 

Tuesday May 07, 2013

12:00 Noon South Florida Beach Time

   

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 14,960.00 to 14,840.00 and the 14,590.00 to 14,530.00 region.
Resistance should appear near the 15,290.00 to 15,350.00 region.

 

JUNE E-MINI SP500

Resistance should appear near the 1642.00 to 1655.00 region

Support should appear near 1615.00 to 1609.00.

NASDAQ COMPOSITE
Resistance should appear near 3425.00 to 3443.00 region.
Support should appear near 3386.00 to 3377.00.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2937.00 to 2928.
Resistance should appear near 2972.00 to 2990.00.

 

 

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near the 962.50 to 964.10 region. Beyond that sellers should appear near 970.60 to 973.70.
Support should appear near 954.20 to 952.60 and 944.50 to 942.90.

JUNE 30 YR BOND
Resistance should appear near 146-21 and 147-07.
Support should appear near 145-21 and 145-07.
JUNE 10 YR NOTE
Resistance should appear near 133-07 and 133-21.
Support should appear near 132-07 and 131-21.

                                           

                                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8300 to 8314.
Support should appear near 8223 to 8194.

JUNE JAPANESE YEN
Resistance should appear near 10104 to 10136 then 10237 and the 10320 to 10360 region.
BW Traders can sell at 10317 and risk a close over 10367 for three days in a row.
Support should appear near 10037 to 10021 and the 9937 to 9921 region

JUNE EURO CURRENCY
Support should appear near 13040, a close under is negative and augurs for a test of 12890
and the 12740 to 12680 region.

Resistance should appear near 13100 and 13155
.  

JUNE SWISS FRANC
Resistance should appear near 10680 and 10725
Support should appear near 10630 and 10580. A close under is negative and augurs for a test of the 10360 to 10320 region.

JUNE BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near 15520 and the 15690 to 15760 region,

BW Traders can sell at 15687 and risk a close over 15770 for three days in a row.

JUNE CANADIAN DOLLAR
Resistance should appear near 9979 and the 10021 to 10037 region. BW Traders can sell at 9971 and risk a close over 10042 for three days in a row.
Support should appear near 9937 to 9921and 9837 to 9821.

JUNE AUSSIE DOLLAR
Resistance should appear near 10235 and 10267.
Support should appear near the 10136 to 10104 region

 

 

            THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1453.0 to 1459.0 and 1471.50.
Support is near 1437.0 and 1421.0 to 1415.0 region.

JULY COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860.
Support should appear near 32700 to 32610 and the 32130 to 31940 region

JULY SILVER
Resistance should appear near 2411 to 2419 and 2461 to 2469.
Support is at 2370 to 2354 then 2322 to 2315 and 2275 to 2267

THE EXCITING ENERGIES

 

JULY CRUDE OIL
Resistance should appear near 9625 to 9641 and 9706 to 9737.

Support should appear near 9445 to 9429 and 9347 to 9316

 

JUNE HEATING OIL
Support should appear near 28830 to 28740 and 28290 to 28200.

Resistance should appear the 29720 to 29900 and the 30360 to 30450 region.
JUNE UNLEADED GAS
Support should appear near 28290 to 28200 and 27750 to 27580.

Resistance should appear near 28740 to 28830. Beyond that sellers should appear near

29280 to 29370 and cap a rally.

JUNE NATURAL GAS
Resistance should appear at 4046 to 4056 and 4110 to 4120.
Support should appear near 3929 to 3909 and 3867 to 3858.

 

 

 

 

 

 

 

 

 

 

 

THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1361 ½ and the 1346 to 1334 region.
Resistance should appear near 1377 to 1383 and 1399.

NOVEMBER SOYBEANS
Support should appear near 1203 to 1192, below that a trade towards 1169 to 1164 is likely.   Resistance should appear near 1232 to 1238 and the 1268 to 1274 region.
BW Traders can sell at 1229 and risk a close over 1241 for three days in a row.

JULY SOYOIL
Resistance should appear near 4915 to 4926 and 4973 to 4995.
Support should appear near 4856 to 4845 and the 4785 to 4775 region.

JULY SOYMEAL
Resistance should appear near 404.6 to 405.6 and 411.0 to 412.0.
Support should appear near 399.2 to 398.2 and 392.9 to 390.9…

 

JULY CORN
Support should appear 627 to 625 ¾ and 619 to 616 ½
Resistance should appear near 648 ¾ to 650 ¾ and 657 ¾ to 659 ¼   

JULY WHEAT

Resistance should appear near 714 ¼ to 717
Support should appear near the 691 ¾ to 690 ¾ region.

 

THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 12030 to 11920 and 11807
Resistance should appear near 12175 and 12320 to 12380

JUNE HOGS

Support should appear near  9102 and 9062 to 9042
Resistance should appear near  9237 and 9312 to 9347

OCTOBER HOGS
Support should appear near 8047 to 8027.
Resistance should appear near the 8192 to 8222 region.

 

 

 

 

 

 

 

 

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13830 to 13770
Resistance should appear near 14530 to 14590.

JULY COCOA
Resistance should appear near 2411 to 2419 and 2461 to 2469.

Support should appear near 2370 to 2354 and 2322 to 2315

JULY SUGAR
Resistance is near 1774 to 1780 and 1808 to 1822.

Support should appear near 1731 to 1738 and 1696 to 1689

 

JULY COTTON
Support should appear near 8683 to 8668 and 8589 to 8560.
Resistance is near 8762 to 8777 and 8858 to 8871

 

 

                                    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 May 07, 2013

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 May 09, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996-2013 All Rights Reserved