FuturesCom Bi-Weekly Investment Outlook # 403 Sunday August 26 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 .
“Accomplishments will prove to be a journey, not a destination.” -Dwight D. Eisenhower-
Saturday August 25, 2012
8:00 PM South Florida Beach Time
The Forex markets remain a Trading affair, Sell Rallies in Aussie Dollar and Canadian Dollars… Gold made its all time highs during late August and Early September of last year and is worth watching to see if it follows thru on the upside or it begins to stall… Crude can remain firm into Mid-September where Crude can exceed the highs of August. Soybeans and Corn tend to dip a bit during September. Coffee remains a trading affair however coffee tends to act rather well all the way into year end once it passes through September weakness… The Hog market offers good spreading opportunities; in addition Buying Feb Hogs in the last week of August and exiting into the later part of the second week of Sept tends to make money. Sell Rallies in October and Dec Hogs and buy dips in February and April…
Traders should stay tuned for updates and Flashes
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,040.00 and 12,890.00. Below that a test of the 12,740.00 to 12,680.00
region is likely
Resistance should appear near 13,220.00, beyond that 13,340.00 to 13,460.00 should cap any rally.
SEPT E-MINI SP500
Resistance should appear near the 1415.00 to 1421.00 and 1437.00. Beyond that 1453.00 to 1459.00
should cap a rally.
Support should appear near 1383.00 to 1377, a close under is negative and augurs for a test of the
1346.00 to 1334.00 region
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00. Beyond that a test of a test of 3148.00 to 3157.00
is likely.
Support should appear near the 3045.00 to 3036.00, a close under augurs for a test of 2990.00 to
2972.00 and eventually 2883.00 to 2874.00 region.
SEPT E-MINI NASDAQ 100
Support should appear near the 2775.00 to 2758.00 and the 2724.00 to 2716.00 region. Below that
buyers should appear near 2672.00 to 2663.00 and the 2620.00 to 2612.00 region.
Resistance should appear near 2820.00 to 2829.00 and the 2874.00 to 2883.00 region. Beyond that
sellers should appear near 2928.00 to 2937.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 811.90 to 813.40. Beyond that sellers should appear near 819.40 to
822.30 and the 830.00 to 831.40 region, which should cap a rally.
Support should appear near the 804.40 to 802.80 and the 795.40 to 793.90 region. Below that a test of
786.50 to 783.60 and the 777.70 to 776.30 region is likely. Trade accordingly.
DECEMBER 30 YR BOND
Resistance should appear near 149-21. Beyond that a test of 150-07 and 151-21 is likely.
Support should appear near 148-21, below that buyers should appear near 147-21 and 147-07 which
should contain a decline.
DECEMBER 10 YR NOTE
Resistance should appear near 133-07 and 133-21. Beyond that Sellers should appear near 134-21.
Support should appear near 132-07 and 131-21. Below that 130-21 and 130-07 should hold for now.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8194 to 8223 and 8300 to 8314.
Support should appear near 8134 to 8119 and the 8044 to 8029 region.
SEPT JAPANESE YEN
Resistance should appear near 12740 then12890 and the 13040 to 13100 region.
Which should cap a rally.
Support should appear near 12680 and 12530, below that a test of 12380 to 12320 is likely to occur.
SEPT EURO CURRENCY
Support should appear near 12447 and 12380 to 12320.which should hold for now.
Resistance should appear near 12530. Beyond that sellers should appear near12615 and the 12680 to
12740 region, which should cap a rally
SEPT SWISS FRANC
Resistance should appear near 10470 and the 10580 to 10680 region
Support should appear near 10360 to 10320 region.
SEPT BRITISH POUND
Support should appear near 15760 to 15690, an extended trade or close under is negative and augurs
for a test of 15525 region.
Resistance should appear near 15922… Beyond that sellers should appear near the 16090 to 16150
region.
SEPT CANADIAN DOLLAR
Resistance should appear near the 10104 to 10136 and 10185… Beyond that sellers should appear
near the 10320 to 10360 region. .
Support should appear near 10037 to 10021region. A close under is negative and augurs for a test of
9937 to 9921.
SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and the 10580 to 10680 region.
Support should appear near 10360 to 10320 and the10136 to 10104 region
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1689 to1696 and the 1731to 1738 region.
Support is near 1655 to 1642 below that buyers should appear near 1615 to 1609
DECEMBER COPPER
Resistance should appear near 35530 to 35630 and the 36130 to 36230 region.
Support should appear near the 33860 to 33770 and 33280 to 33190 region.
DECEMBER SILVER
Resistance should appear near 3148 to 3157 and the 3194 to 3213 region.
Support is at 3045 to 3038 and the 2990 to 2972 region which should hold for now
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near 9706 to 9737 and the 9821 to 9837 region. Beyond that a test of 9921
to 9937 and the 10021 to 10037 region is likely. Above that 10320 to10360 should cap a rally.
Support should appear near 9542 to 9526 and the 9445 to 9429 region. Below that buyers should
appear near 9347 to 9316 and contain a decline.
OCTOBER HEATING OIL
Support should appear near 30450 to 30360 and the 29900 to 29730 region. Traders can buy at
29720 for a bounce and risk a close under 29270 for three days in a row. Below that buyers should
appear near 28830 to 28740 and the 28290 to 28200 region.
Resistance should appear near 31480 to 31570. A close over is friendly and augurs for a test of 3940
to 32130 and eventually the 33190 to 33280 region. .
OCTOBER UNLEADED GAS
Support should appear near 28830 to 28740 and the 28290 to 28200 region. Below that buyers should
appear near 27750 to 27580 which should hold. .
Resistance should appear near the 29720 to 29900 region. A close over is friendly and augurs for a
test of 30920 to 31020, beyond that sellers should appear near 31940 to 32190..
OCTOBER NATURAL GAS
Resistance should appear at 2820 to 2829 and the 2926 to 2947 region.
Support should appear near 2672 to 2663 and the 2568 to 2552 region
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1696 to 1689. Below that a test of and the 1655 to 1642 region is likely.
Resistance should appear near 1774 to 1780 and the 1808 to 1822 region.
DECEMBER SOYMEAL
Resistance should appear near 534.4 to 535.6 and the 5341.8 to 543.0 region. .
Support should appear near 506.7 to 505.6 and the 492.6 to 491.5 region.
DECEMBER BEAN OIL
Resistance should appear near 5855 to 5880 and the 6023 to 6035 region.
Support should appear near 5577 to 5553 and the 5356 to 5344 region.
DECEMBER CORN
Support should appear near 777 ¾ to 776 ¼ and the 734 ¼ to 732 ¾ region.
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 831 ½ to 830 804 ½ to 802 ¾
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320 and 12030 to 11920
Resistance should appear near 12680 to 12740 and 12890.
DECEMBER CATTLE
Support should appear near 12740 to 12680 and the 12380 to 12320 region.
Resistance should appear near the13040 to 13100 region
OCTOBER HOGS
Support should appear near 7170 to 7142 and the 7092 to 7072 region
Resistance should appear near 7327 to 7342 and the 7487 to 7512 region… Traders can sell at 7487
and hold for lower prices. Risk a close over 7617 for three days in a row. .
DECEMBER HOGS
Support should appear near 7007 to 6992 and the 6837 to 6807 region. Resistance should appear
near 7142 to 7172 and the 7242 to 7257 region. Traders can sell at 7237 and hold for lower prices …
Risk a close over 7357 for three days in a row.
FEBRUARY HOGS
Support should appear near 7777 to 7762 and the 7692 to 7672 region. Below that buyers should
appear near 7342 to 7327… Traders can buy at 7787 and risk a close under 7657 for three days in a
row.
Resistance should appear near 7937 to 7957 and the 8027 to 8047 region. Beyond that sellers should
appear near 8302 to 8317.
Aggressive traders should go long if a close over 7872 occurs.
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16150 to 16090 and contain a decline… Traders can buy at 16175 and
risk a close under 16050 for three days in a row. Below that support should appear near 15760 to
15690.
Resistance should appear near 16420 to 16550 and the 16890 to 16960 region. Beyond that sellers
should appear near 17710 to 17380 and the 17740 to 17800 region. Traders can sell at 17730 and risk
a close over 18250 for three days in a row.
Stay tuned for Flashes and Trade accordingly
DECEMBER COCOA
Resistance should appear near 2511 to 2519 and the 2552 to 2568 region… Beyond that a test of 2612
to 2620 is likely
Support should appear near the 2370 to 2354 region. Below that a test of 2275 to 2267 is likely…
Trade Accordingly.
OCTOBER SUGAR
Support is at 1953 to 1946 and the 1909 to 1902 region. Below that buyers should appear near
1865 to 1852 and the 1822 to 1808 region.
Resistance should appear near 2034 to 2042 and the 2080 to 2089. Traders can sell at 2077 and hold
for lower prices. Beyond that sellers should appear near 2126 to 2134.
DECEMBER COTTON
Support should appear near 7342 to 7328. Below that a test of 7003 to 6990 is likely
Resistance is the 7763 to 7777 region. Beyond that sellers should appear near 8029 to 8044 and cap a
rally. Traders can sell at 8027 and hold for lower prices…
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 August 26, 2012
1:30 PM South Florida Beach Time
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FuturesCom Bi-Weekly Investment Outlook # 403 Sunday August 26, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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