FuturesCom  Morning Investment Comments  Wednesday May 22, 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 May 21, 2013

3:00 PM South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290 and 15,125.00
14,960.00 to 14.840.00
Resistance should appear near 15,520.00 and the 15,690.00 to 15760.00 region.

JUNE E-MINI SP500

Resistance should appear near 1672.00 and the 1689.00 to 1696.00 region.

Support should appear near 1655.00 to 1642.00.

NASDAQ COMPOSITE
Resistance should appear near 3503.00 then 3528.00 and the 3553.00 to 3563.00 region.
Support should appear near 3493.00 and 3443.00 to 3425.00.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2990.00 to 2972.00. BW Traders can buy at 2992.00 and risk a close under 2967.00 for three days in a row.
Resistance should appear near 3036.00 to 3045.00, a close over is friendly and augurs for a test of the 3092.00 to 3102.00 and should cap a rally.
JUNE E-MINI RUSSELL 2000

Resistance should appear near 1002.10 to 1003.70 and 1010.40 to 1013.60 region.
Support should appear near 993.70 to 992.10 then 983.70 to 982.10

JUNE 30 YR BOND
Resistance should appear near 144-21 and 145-07
Support should appear near 143-21 and 143-07..

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 8406 and 8484 to 8499
Support should appear near 8391 and the8314 to 8300 region. BW Traders can buy at 8353 and risk a close under 8299 for three days in a row.

JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837 then 9921 to 9937.
Support should appear near 9737 to 9706 and the 9641 to 9625 region.

JUNE EURO CURRENCY
Support should appear near 12740 to 12680.

Resistance should appear near 12965 and the 13040 to 13100 region.
.  

JUNE SWISS FRANC
Resistance should appear near 10320 to 10360 and 10430.
Support should appear near 10237 and the 10136 to 10104 region.

JUNE BRITISH POUND
Support should appear near 15125 and the 14960 to 14840 region
BW Traders can buy at 14967 and risk a close under 14837 for three days in a row.
Resistance should appear near resistance should appear near 15207 and the 15290 to 15350 region.

JUNE CANADIAN DOLLAR
Resistance should appear near 9779 and 9821 to 9837.
Support should appear near 9706 and the 9641 to 9625 region.
JUNE AUSSIE DOLLAR
Support should appear near 9737 to 9706 and 9542 to 9526
Resistance should appear near 9821 to 9837 and 9921 to 9937. BW Traders can sell at 9917 for a turn lower and risk a close over 9942 for three days in a row.
 

 

                                             

                                            THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1377 to 1383 then 1399 and the 1415 to 1421 region. BW Traders can sell at 1414.00 and risk a close over 1422 for three days in a row.
Support is near 1346 to 1334 and 1310 to 1304.

JULY COPPER
Resistance should appear near 33770 to 33860 then 34250 to 34430 and the 34950 to 35030 region
BW Traders can sell at 34900 and risk a close over 351.00 for three days in a row.
Support should appear near 32700 to 32610 and the 32130 to 31940 region
JULY SILVER
Resistance should appear near 2267 to 2275 and 2315 to 2322.
Support is at 2226 to 2219 and the 2185 to 2170 region. Below that a test of 2134 to 2126 is likely.

 

THE EXCITING ENERGIES

 

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

Support should appear near 9542 to 9526 and 9347 to 9316.

 

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

Resistance should appear 29280 to 29370 and 29720 to 29900
JULY UNLEADED GAS
Support should appear near 28290 to 28200 and the 27750 to 27580 region.
Resistance should appear near 28740 to 28830 and 29280 to 29370.

JULY NATURAL GAS
Resistance should appear at 4304 to 4315 and 4370 to 4381.
Support should appear near 4183 to 4163 and 3929 to 3909.

 

 

 

 

 

 

 

 

 

 

 

 

THE GRANDE’ GRAINS

JULY SOYBEANS

Support should appear near 1421 to 1415.
Resistance should appear near the 1484 to 1496 region.

NOVEMBER SOYBEANS
Support should appear near 1203 to 1192.

Resistance should appear near 1232 to 1238.

JULY SOYOIL
Resistance should appear near 4973 to 4995.
Support should appear near the 4856 to 4845.

JULY SOYMEAL
Resistance should appear near 442.5 to 444.6
Support should appear near 418.3 to 416.3.  

 

JULY CORN
Support should appear 635 to 633 ¾ and 619 to 616 ½
Resistance should appear near 641 ¾ to 643 and 648 ¼ to 650 ¾
DECEMBER CORN
Support should appear 513 ¾ to 512 ¾ and the 499 ½ to 497 ¼ region
Resistance should appear near 525 ¾ to 528 ¼ and the 534 ½ to 535 ¾ region.

JULY WHEAT

Resistance should appear near 690 ¾ to 691 ¾ and the 699 to 700 ¼ region.
Support should appear near 667 ¼ to 665 ¾ and the 659 ¼ to 657 1/.4 region. .

 

 

THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11920 and the 11690 to 11640 region.
Resistance should appear near 12030 and 12172.

JUNE HOGS

Support should appear near 9157 to 9142.
Resistance should appear near 9312 to 9347.

JULY HOGS
Support should appear near 9062 to 9042 region.

Resistance should appear near 9237 and 9312 to 9347.

OCTOBER HOGS
Support should appear near 8047 to 8027 and 7957 to 7932
Resistance should appear near 8192 to 8222 region..

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 13100 to 13040 and 12740 to 12680
Resistance should appear near 13340 to 13460 and 13770 to 13830

JULY COCOA
Resistance should appear near 2354 to 2370 and 2411 to 2419

Support should appear near 2275 to 2267 and 2226 to 2219.

JULY SUGAR
Resistance is near 1689 to 1696 and the 1731 to 1738 region.
Support should appear near 1655 to 1642 and 1615 to 1609

 

JULY COTTON
Support should appear near 8314 to 8300 and 8044 to 8029
Resistance is near 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 May 21, 2013
4:10 PM South Florida Beach Time 

 

 

 

 

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 22, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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