FuturesCom  Bi-Weekly Investment Outlook # 401 Sunday July 29 2012  SP500 and  Equity Indices • Bonds • Forex • Precious Metals • Energy • Grains • Livestock • Coffee •  Sugar • Cocoa  • Cotton. Free Two Week Trial see https://futurescom.com/free-trial-2 .

Saturday July 28, 2012
11:00 PM South Florida Beach Time    “’A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’”

Bonds tend rise from the second week of August until the first week of September, Crude and its products tend to remain firm during the early part of August and that can last into September, if any tropical developments occurCrude can easily turn into a weather market. The Euro tends to decline from mid August till the 3^rd   week , Forex Traders should expect a two way mkt for now. Copper tends to dip during early to mid August.  Selling Sept Coffee during early Aug and exiting into 3^rd week tends to be profitable. This time of year Sugar typically accelerates to the downside while Cocoa can be choppy.  Buying the back end of Hogs and Selling October and December tends to work over the next month or more, while Soybeans tend to drift lower for the first week of August… Stay tuned for Flashes and Updates.

 

                                    THE SENSATIONAL STOCK AND BOND MARKETS

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance should appear near 13,100.00 and the 13,340.00 to 13,460.00 region.

SEPT E-MINI SP500
Resistance should appear near 1399.00 and the 1415.00 to 1421.00 region.
Support should appear near 1377 and the 1346.00 to 1334.00 region.

NASDAQ COMPOSITE
Resistance should appear near 2972.00 to 2990.Beyond that sellers should appear near
3036.00 to 3045.00 and cap a rally.
Support should appear near the 2883.00 to 2874.00 and the 2829.00 to 2820 region.
SEPT E-MINI NASDAQ 100
Support should appear near the 2620.00 to 2612.00 and 2568.00 to 2552.00.
Resistance should appear near 2663.00 to 2672.00 and the 2716.00 to 2724.00 region.

SEPT E-MINI RUSSELL 2000

Resistance should appear near 802.90 to 804.40 and 811.90 to 813.40. Beyond that sellers should appear near 819.40 to 822.30 and cap a rally.
Support should appear near the 786.50 to 783.60 and the 777.70 to 776.30 region. Below that a test of 751.30 to 748.60 is likely. Trade accordingly.

SEPT 30 YR BOND
Resistance should appear near 150-21and 151-21 Beyond that a test of 152-07 is likely.
Support should appear near 149-21 and 148-21 which should contain a decline.

SEPT 10 YR NOTE
Resistance should appear near 134-21 and 135-07. Beyond that Sellers should appear near 135-21.
Support should appear near 133-21 and 132-21 which should hold for now.

        THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314 and 8391 to 8406.
Support should appear near 8223 to 8194 and the 8134 to 8119 region.
Traders can buy at 8141 and risk a close under 8112 for three days in a row.

SEPT JAPANESE YEN
Resistance should appear near 12740 and the 13040 to 13100 region.
Support should appear near 12530 and the 12380 to 12320 region.

 SEPT EURO CURRENCY
Support should appear near 12175 and the 12030 to 11920 region.
Resistance should appear near 12320 to 12380 and 12530.
Traders can sell at 12521 and Hold for lower prices.

SEPT SWISS FRANC
Resistance should appear near 10320 to 10360 and the 10580 to 10680 region.

Support should appear near 10135 to 10104 and the 10037 to 10021 region.

SEPT BRITISH POUND
Support should appear near 15690 and 15525, an extended trade or close under is negative and augurs for a test of the 15350 to 15290 region.
Resistance should appear near 16090 to 16150.
Traders can sell at 16087 and risk a close over 16170 for three days in a row.

SEPT CANADIAN DOLLAR
Resistance should appear near the 10021 to 10037 region. Traders can sell at 10017 and hold for lower prices…
Support should appear near 9836 to 9821 and 9737 to 9706.

SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320, a close under is negative and augurs for a test of 10136 to 10104. Trade accordingly and Stay tuned for Flashes ….

 

           THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near the1642 to1655 region. Beyond that sellers should appear near the 1689 to 1696 region.
Support is near 165 to 1609 and 1576 to 1569. Below that buyers should appear near 1535 to 1529.

 

SEPT COPPER
Resistance should appear near 35530 to 35630 and the 36630 to 36820 region.
Support should appear near the 33860 to 33770 and 33280 to 33190 region.

SEPT SILVER
Resistance should appear near 2758 to 2775 and 2820.0 to 2829.0 Beyond that sellers should appear near the 2928 to 2937 region.
Support is at 2724 to 2716 and the 2620 to 2612
THE EXCITING ENERGIES

 

SEPTEMBER CRUDE OIL
Resistance should appear near 9044 to 9060, a close over is friendly and augurs for a test of 9140 to 9156 and eventually the 9316 to 9347 region. Traders can go long if a close over 9063 occurs.
Support should appear near 8964 to 8934 and the 8777 to 8761 region.  Below that buyers should appear near 8683 to 8668. Traders can buy at 8787 and risk a close under 8661 for three days in a row. Below that buyers should appear near 8589 to 8580 and contain a decline.

SEPTEMBER HEATING OIL
Support should appear near 28830 to 28740 and the 28290 to 28200 region, Traders can buy at 28520 for a bounce and risk a close under 28190 for three days in a row. Below that buyers should appear near 27240 to 27160.
Resistance should appear near the 29280 to 29370 and the 29720 to 29900 region… Beyond that a test of 30360 to 30450 is likely. Trade accordingly

 

 

 

 

 

SEPTEMBER UNLEADED GAS
Support should appear near 27750 to 27580 and the 27240 to 27160 region. Traders can buy at 27770 and risk a close under 27140 for three days in a row… Below that buyers should appear near 26720 to 26630.

Resistance should appear near the 28200 to 28290. A close over is friendly and augurs for a test of   28740 to 28830 and the 29280 to 29370 region.

SEPTEMBER NATURAL GAS
Resistance should appear at 3036 to 3045 and 309.2 to 310.2
Support should appear near 299.0 to 297.2 and the 282.9 to 282.0 region.

 

 

 

THE GRANDE’ GRAINS

 

 

NOVEMBER SOYBEANS
Support should appear near 1535 to 1529 and the 1496 to 1489 region. Below that a test of and the 1459 to 1453 region is likely.
Resistance should appear near the 1609 to 1615 region. Beyond that sellers should appear near 1642 to 1655 and the 1689 to 1696 region.

DECEMBER SOYMEAL
Resistance should appear near 512.7 to 513.9 and 534.4 to 535.6.
Support should appear near 451.4 to 450.3 and the 431.5 to 430.4 region.

 

DECEMBER BEAN OIL
Resistance should appear near 5344 to 5356 and 5492 to 5504 region.
Support should appear near 5211 to 5200 and 5139 to 5127 region.  

 

DECEMBER CORN
Support should appear near 760 ¼ to 759 ¾ and 725 ½ to 724 ¾
Resistance should appear near 830 to 831 ½ and 856 to 858 ¾

DECEMBER WHEAT
Resistance should appear near 931 ¾ to 934 ½ and 970 ¾ to 973 ¾
Support should appear near 887 ¼ to 885 ¾ and the 831 ½ to 830 region…
 

 

 

 

 

 

 

THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320 and 12030 to 11920
Resistance should appear near  the 12680 to 12740 and 13040 to 13100 region.

OCTOBER HOGS

Support should appear near 8047 to 8027 and 7957 to 7937 region.
Below that a test of 7867 to 7837 is likely.

Resistance should appear near 8182 to 8222 and the 8300 to 8317 region

DECEMBER HOGS

Support should appear near 7867 to 7837 and the 7777 to 7762 region

Resistance should appear near 7937 to 7957 and the 8027 to 8047 region

Stay tuned for Livestock Flashes and Updates.

THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near the 16960 to 16890, a close under augurs for a test of 16550 to 16420.
Resistance should appear near 17740 to 17800 and the 18080 to 18220 region.
Traders can sell at 180.70 and hold for lower prices.. Stay tuned for flashes

SEPT COCOA
Resistance should appear near 2354 to 2370 and the 2411 to 2419 region
Support should appear near 2226 to 2219 and the 2185 to 2170 region .

 

OCTOBER SUGAR
Support is at 2226 to 2219 a close under is negative and augurs for a test of the 2185 to 2170  region
Resistance should appear near the 2267 to 2275 and the 2315 to 2322 region. Traders can sell at 2264 and hold for lower prices. Beyond that sellers should appear near 2354 to 2370.

DECMBER COTTON
Support should appear near 7088 to 7074 and 7003 to 6990. Below that a test of 6673 to 6659 is likely Resistance is 7328 to 7342 and the 7763 to 7777 region. Beyond that sellers should appear near 8029 to 8044 and cap a rally.

 

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
Sunday July 29, 2012
2:00 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 Bi-Weekly Investment Outlook # 401  Sunday July 29, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications 1- 772-236-9294 Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 2012 All Rights Reserved.