FuturesCom Morning Comments Thursday January 26, 2012
Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–”
-Reminiscences of a Stock operator-
Thursday January 26, 2012
6:00 AM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
Dow Jones Industrial Average
Support should appear near 12,740.00 to12680.00
Resistance should appear near 12,890.00 and 13,040.00 to 13,100.
MARCH E-MINI SP500
Resistance should appear near 133400 to 1346.00.
Support should appear near 1322.00 and 1310.00 to 1304.00
NASDAQ COMPOSITE
Resistance should appear near the 2874.00 to 2883.00 region.
Support should appear near 2775.00 to 2758.00.
MARCH E-MINI NASDAQ 100
Resistance should appear near 2511.00 to 2519.00 region
Support should appear near 2419.00 to 2411.00
MARCH E-MINIi RUSSELL 2000
Resistance should appear near 819.40 to 822.30
Support should appear near 768.90 to 767.50.
MARCH 30 YR BOND
Resistance should appear near 145-07 and 145-20
Support should appear near 140-21 and 139-07
MARCH 10 YR NOTE
Resistance should appear near 132-21 and 133-07
Support should appear near 129-21 and 128-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8029 to 8044.
Support should appear near 7864 to 7836
MARCH JAPANESE YEN
Resistance should appear near 13040 to 13100.
Support should appear near 12740 to 12680.
MARCH EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13220 and 13340 to 13460.
MARCH SWISS FRANC
Resistance should appear near 10960 to 11010.
Support should appear near 10680 to 10580.
MARCH BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near 15690 to 15760
MARCH CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 9737 to 9706.
MARCH AUSSIE DOLLAR
Resistance should appear near 10805
Support should appear near 10580.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1731 to 1738
Support is near 1696 to 1689
MARCH COPPER
Resistance should appear near 41100 to 41200
Support should appear near 36820 to 36630
MARCH SILVER
Resistance should appear near 3493 to 3503
Support is at 3102 to 3092. .
THE EXCITING ENERGIES
MARCH CRUDE OIL
Resistance should appear near 10320 to10360
Support should appear near 9737 to 9706
MARCH HEATING OIL
Support should appear near 29900 to 29720
Resistance should appear near 30920 to 31020
MARCH UNLEADED GAS
Support should appear at 27240 to 27160
Resistance should appear near 30360 to 30450.
MARCH NATURAL GAS
Support should appear at 2775 to 2758
Resistance should appear near 2928 to 2937
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1203 to 1192
Resistance should appear near the 1268 to 1274
MARCH SOYMEAL
Resistance should appear near 337.7 to 338.6
Support should appear near 315.7 to 314.8
MARCH BEAN OIL
Resistance should appear near 5344 to 5356
Support should appear near 5067 to 5056
MARCH CORN
Support should appear near 619 to 616 ½
Resistance should appear near 657 ¾ to 659 ¾
MARCH WHEAT
Resistance should appear near 665 ¾ to 667 ¼
Support should appear near 650 ¾ to 648 ¾.
THE LIVELY LIVESTOCK
FEB CATTLE
Support should appear near 12535.
Resistance should appear near 12890
APRIL CATTLE
Support should appear near 12740 to 12680
Resistance should appear near the 13220
FEB HOGS
Support should appear near 8502 to 8482.
Resistance should appear near 8932 to 8967
APRIL HOGS
Support should appear near the 8682 to 8667 region.
Resistance should appear near 9042 to 9067
THE SATISFYING SOFTS
MARCH COFFEE
Support should appear near the 21340 to 21260 region.
Resistance should appear near 22670 to 22750
MARCH COCOA
Resistance should appear near 2511 to 2519
Support should appear near 2322 to 2315
MARCH SUGAR
Support is at the 2370 to 2354
Resistance should appear near 2511 to 2519.
MARCH COTTON
Resistance should appear near the10021 to10037 region.
Support should appear 9347 to 9316
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Thursday January 26, 2012
7:00 AM South Florida Beach Time
FuturesCom Investment Publications 1- 772-236-9294
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FuturesCom Morning Comments Thursday January 26, 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