Nov 052013
 

Morning Investment and Day Trading Comments Wednesday November 6, 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

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty. — Winston Churchill —

Tuesday November 05 2013
3:00 PM South Florida Beach Time


THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE

Support should appear near the 15,520.00 and the 15,350.00 to 15,290.00 region.
Resistance remains near the 15,690.00 to 15,760.00 region. A close over is friendly and augurs for a test of 15,925.00 and eventually the 16,090.00 to 16,150.00 region.

DEC E-MINI SP500

Resistance should appear near 1774.00 to 1780 region. A close over is friendly and augurs for a test of the 1808.00 to 1822.00 region.
Support should appear near 1757.00 then 1747.00 and the 1738.00 to 1731.00 region.
Aggressive BW Traders should go long if a close over 1780.75 occurs.

 

 

 

NASDAQ COMPOSITE

Resistance should appear near 3955.50 and the 3982.00 to 3992.00 region.

Support should appear near 3929 to 3909.00 and 3888.00.

DEC E-MINI NASDAQ 100

Support should appear near 3377.00 then 3352.50 and the 3328.00 to 3319.00 region.

Resistance should appear near 3386.00 then 3405.50 and the 3425.00 to 3443.00 region.
BW Traders should go long if a close over 3387.00 occurs.    

 

DEC E-MINI RUSSELL 2000

Resistance should appear at 1115.50 and 1130.00 to 1136.00 region.

Support should appear near 1101.00 to 1096.00 and 1082.50.
Stay tuned for Index Flashes.

DEC 30 YR BOND

Resistance should appear near 133-07 and 133-21

Support should appear near 132-07 and 131-21

DEC 10 YR NOTE

Resistance should appear near 126-21 and 127-07.

Support should appear near 126-07 and 125-21                 

 

                                                  THE FRENZIED FOREX FRONT

DEC DOLLAR INDEX

Resistance should appear near 8119 to 8134.

Support should appear near 8044 to 8029.

DEC JAPANESE YEN
Resistance should appear near 10185 and 10227.
Support should appear near 10136 to 10104, a close under is negative and augurs for at test of 10037 to 10021.

 

DEC EURO CURRENCY

Support should appear near 13460 to 13400 and 13340.
Resistance should appear near 13537 and 13615. BW Traders can sell at 13617 and risk 50 points.


DEC SWISS FRANC

Resistance should appear near 10985 and 11010.

Support should appear near 10927 and 10890

 

DEC BRITISH POUND

Support should appear near 16007 and 15927.

Resistance should appear near 16090 to 16150.

 

DEC CANADIAN DOLLAR

Resistance should appear near 9625 to 9641

Support should appear near 9542 to 9526 and the 9445 to 9428 region.

DEC AUSSIE DOLLAR

Support should appear near 9445 to 9429 and 9347 to 9316.
Resistance should appear near 9526 to 9542 and 9625 to 9641

                                                       THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1322.0 and the 1334.0 to 1346.0 region.

Support is near 1310.00 to 1304.0 and 1289.00.

DEC COPPER
Resistance should appear near 33190 to 33280.

Support should appear near 32130 to 31940.

 

 

 

DECEMBER SILVER

Support should appear near 2134.0 to 2126.0

Resistance at the 2219.0 to 2226.0                                                                               

          

                                                   THE EXCITING ENERGIES

JANUARY CRUDE OIL

Resistance should appear near 9429 to 9445

Support should appear near 9156 to 9140

JANUARY HEATING OIL

Support should appear near should appear near the 28290 to 28200 region. BW Traders with Ice Water running thru their veins can buy at 28310 and risk a close under 28190 for three days in a row.

Resistance should appear 28740 to 28830 and 29280 to 29370.

JANUARY UNLEADED GAS

Support should appear near 24690 to 24610
Resistance should appear near 25620 to 25680.

 

JANUARY NATURAL GAS

Resistance should appear at 3613 to 3623.

Support should appear near the 3503 to 3493 region.

 

                                                THE GRANDE’ GRAINS

JAN SOYBEANS

Support should appear near 1238.00 to 1232.00 below that buyers should appear near 1203 to 1192.

Resistance should appear near 1268 to 1274

DEC SOYOIL
Resistance should appear near 4163 to 4183
Support should appear near 4056 to 4046.

DEC SOYMEAL

Resistance should appear near 404.6 to 405.6 and 416.3 to 418.3.

Support should appear near 390.9 and the 386.7 to 385.8 region.

 

DEC CORN

Support should appear near and 418 ¼ to 416 ¼ and 399 ¼ to 398 ¼

Resistance should appear near 442 ¼ to 448 ½ and 463 ¾ to 465.


DEC WHEAT

Resistance should appear near 665 ¾ to 667 ¼

Support should appear near 635 to 633 ¾

                                                           THE LIVELY LIVESTOCK

DEC CATTLE

Support should appear near 13100 to 13040 and 12892.

Resistance should appear near 13340 to 13460 and 13530.

 

FEB CATTLE
Support should appear near 13340 then 13217 and 13100 to 13040

Resistance should appear near 13460, a close over is friendly and augurs for a test of 13530.

 

DEC HOGS         

Support should appear near 8777 to 8762 and 8682 to 8662.

Resistance should appear near 8932 to 8967 and 9037 to 9062

FEB HOGS
Support should appear near 9157 to 9140 and 9062 to 9037.

Resistance should appear near 9237 and 9317 to 9347


APRIL HOGS

Support should appear near 9347 to 9317 and 9237.
Resistance should appear near 9427 to 9447 and 9527 to 9542

 

JUNE HOGS

Support should appear near 9937 to 9922 and 9837 to 9822.

Resistance should appear near 10022 to 10037  and 10102 to 10137

                                          

                                          THE SATISFYING SOFTS

DEC COFFEE

Support should appear near 10140 to 10105

Resistance should appear near 11300 to 11360.

 

DECEMBER COCOA

Resistance should appear near 2820 to 2829

Support should appear near 2724 to 2716

MARCH SUGAR

Resistance is near 1858 to 1865 and 1902 to 1909.

Support should appear near the 1822 to 1808 and the 1780 to 1774 region.

 

DEC COTTON

Support should appear near 7513 to 7486
Resistance is at 7836 to 7864

 

                                       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 November 05, 2013 4:05 PM South Florida Beach Time

 

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