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Forex – Bonds – SP500 – Precious Metals – Crude Oil – Grains – Livestock – Softs – Wednesday May 29-2013 Morning Commodity and Futures Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Wednesday May 29, 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

Tuesday May 28, 2013

2:00 PM South Florida Beach Time


THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 15,350.00 to 15,290.00 and the 14,960.00 to 14.840.00 region.
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 then 1642.00 and the 1616.00 to 1609.00 region.
BW Traders can buy at 1616.00 for a bounce and risk a close under 1609.00 for three days in a row.

NASDAQ COMPOSITE
Resistance should appear near 3493.00 to 3503.00 then 3528.00 and the 3553.00 to 3563.00 region.
Support should appear near 3443.00 to 3425.00 and the 3386.00 to 3377.00 region.

 

JUNE E-MINI NASDAQ 100
Support should appear near 2992.00 to 2972.00, below that a test of 2937.00 to 2928.00 is likely.
Resistance should appear near the 3036.00 to 3045.00 region.

 

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 983.70 to 982.10 and 973.70 to 970.60.

SEPTEMBER 30 YR BOND
Resistance should appear near 140-21 and 141-07
Support should appear near 139-21 and 139-07

SEPTEMBER 10 YR NOTE
Resistance should appear near 129-21 and 130-07
Support should appear near 128-21 and 128-07
                                           

                                                                  THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8484 to 8499.
Support should appear near 8406 to 8391.

JUNE JAPANESE YEN
Resistance should appear near 9821 to 9837 and 9921 to 9937
Support should appear near 9736 to 9721 and 9641 to 9625

JUNE EURO CURRENCY
Support should appear near the 12740 to 12680 region.

Resistance should appear near 12890 and 12965.
.  

JUNE SWISS FRANC
Resistance should appear near 10320 to 10360
Support should appear near 10237 and 10136 to 10104

JUNE BRITISH POUND
Support should appear near 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 15125 and 15207.

JUNE CANADIAN DOLLAR
Resistance should appear near 9625 to 9641 and 9706 to 9737
Support should appear near 9542 to 9526 and 9445 to 9429
JUNE AUSSIE DOLLAR
Support should appear near 9542 to 9526 and 9445 to 9429
Resistance should appear near 9706 to 9737 and 9821 to 9837

 

 

 

 

 

 

 

 

 

 

 

                                             THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1399 and the 1415 to 1421 region.
Support is near 1377 then1346 to 1334 and 1310 to 1304.

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 2267 to 2275 and 2315 to 2322.
Support is at 2185 to 2170 and 2134 to 2126

 

THE EXCITING ENERGIES

 

JULY CRUDE OIL
Resistance should appear near 9526 to 9542 and 9625 to 9641

Support should appear near 9445 to 9429 and the 9347 to 9316 region.

 

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 27750 to 27580.
Resistance should appear near 28740 to 28830 and 29280 to 29370

JULY NATURAL GAS
Resistance should appear at 4238 to 4249 and 4304 to 4315.
Support should appear near 4183 to 4163 and 3929 to 3909.

THE GRANDE’ GRAINS
JULY SOYBEANS

Support should appear near 1496 to 1484 and 1459 to 1453.
Resistance should appear near 1529 to 1535 and 1569 to 1576.

NOVEMBER SOYBEANS
Support should appear near 1274 to 1268 and 1238 to 1232

Resistance should appear near 1304 to 1310 and 1334 to 1346

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

JULY SOYMEAL
Resistance should appear near 457.1 to 458.2 and 469.5 to 471.7
Support should appear near 438.1 to 437.0 and 431.5 to 430.4   

 

JULY CORN
Support should appear 643 to 641 ¾ and 635 to 633 ¾
Resistance should appear near 680 ¾ to 683 ¾ and 690 ¾ to 691 ¾
DECEMBER CORN
Support should appear 543 to 541 ¾ and 535 ¾ to 534 ½
Resistance should appear near 555 ¼ to 557 ¾ and 564 to 556 ½


JULY WHEAT

Resistance should appear near 699 to 700 ¾ and 707 to 708 ¾.
Support should appear near 691 ¾ to 690 ¾ and 675 ½ to 674 ¼

 

THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11817 and the 11690 to 11640 region.
Resistance should appear near 11927 to 12030

OCTOBER CATTLE

Support should appear near 12177 and the 12030 to 11920 region.

Resistance should appear near 12380 and 12457

AUGUST HOGS
Support should appear near 9157 to 9140 and 9062 to 9042

Resistance should appear near 9232 and the 9317 to 9347 region.

OCTOBER HOGS
Support should appear near 8132 to 8117 and 8047 to 8027.
Resistance should appear near the 8300 to 8317 region…

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near the 12380 to 12320 and 12030 to 11920
Resistance should appear near 12680 to 12740 and 13040 to 13100

JULY COCOA
Resistance should appear near 2219 to 2226 and 2267 to 2275

Support should appear near 2185 to 2170 and 2134 to 2126

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 8044 to 8029 and 7777 to 7763
Resistance is near 8194 to 8223 and 8300 to 8314

 

                                    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 28, 2013
3:30 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 29, 2013  Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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