FuturesCom Morning Investment Comments Friday April 27, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 . “A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
“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 April 26, 2012
9:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100 to 13,040.00.
Resistance should appear near 13,220 and 13,340.00 to 13,460.00
JUNE E-MINI SP500
Resistance should appear near 1399.00 and 1415.00 to 1421.00
Support should appear near 1383.00 to 1377.00 and 1346.00 to 1334.00 region
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00.
Support should appear near 3045.00 to 3036.00 and the 2990.00 to 2972.00 region.
JUNE E-MINI NASDAQ 100
Resistance should appear near 2758.00 to 2775.00.
Support should appear near 2672.00 to 2663.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 819.40 to 822.30 and the 830.00 to 831.40 region
Support should appear near 804.40 to 802.90 and 795.40 to 793.90 region.
JUNE 30 YR BOND
Resistance should appear near 143-07 and 143-21
Support should appear near 142-07 and 141-21
JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7929 to 7954 and 8029 to 8044.
Support should appear near the 7864 to 7836 region, which should contain a decline.
JUNE JAPANESE YEN
Resistance should appear near the 12380 and 12455
Support should appear near 12320 and 12175
JUNE EURO CURRENCY
Support should appear near 13165 and 13100
Resistance should appear near 13220 and 13265.
JUNE SWISS FRANC
Resistance should appear near 11010 and 11085
Support should appear near 10960 and 10820.
BW Traders should go short if a close under 10817 occurs
JUNE BRITISH POUND
Support should appear near 16150 to16090
Resistance should appear near 16227 and 16317
JUNE CANADIAN DOLLAR
Resistance should appear near 10185 and 10235
Support should appear near 10136 to 10104
JUNE AUSSIE DOLLAR
Resistance should appear near 10320 to 10360 and 10470.
Support should appear near 10237 and the 10136 to 10104 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1672 and 1688.
BW Traders can sell at 1688 and hold for lower prices.
Support is near 1655 and 1642, below that a test oif 1615.0 to 1609.0 is likely to occur.
JULY COPPER
Resistance should appear near 38580 to 38650
Support should appear near 36820 to 366320
JULY SILVER
Resistance should appear near 3148 to 3157
Support is at 3045 to 3036
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10470 and 100580 to 10680
Support should appear near 10360 to 10320 and 10185.
JUNE HEATING OIL
Support should appear near the 31570 to 31480 and 31020 to 30920
Resistance should appear near 31940 to 32130 and 32710 to 32700
JUNE UNLEADED GAS
Support should appear near 30450 to 30360
Resistance should appear near 31940 to 32130
JUNE NATURAL GAS
Support should appear at 2042 to 2034
Resistance should appear near 2267 to 2275
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1459 to 1453
Resistance should appear near 1529 to 1535
JULY SOYMEAL
Resistance should appear near 430.4 to 431.5
Support should appear near 412.0 to 411.0
JULY BEAN OIL
Resistance should appear near 5716 to 5729.
Support should appear near 5504 to 5492
JULY CORN
Support should appear near 595 ¾ to 594 ½
Resistance should appear near 616 ½ to 619
JULY WHEAT
Resistance should appear near 648 ¾ to 650 ¾.
Support should appear near 619 to 616 ½
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11010 to 10960
Resistance should appear near 11300 to 11360
JUNE HOGS
Support should appear near 8682 to 8667.
Resistance should appear near 8857 to 8872
OCTOBER HOGS
Support should appear near 8027 to 8042 and the 7957 to 7932 region.
Resistance should appear near 8300 to 8317 and 8392 to 8407
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 16960 to16890.
Resistance should appear near 18080 to18220
JULY COCOA
Resistance should appear near 2315 to 2322.
Support should appear near 2185 to 2170.
JULY SUGAR
Support is at the 2089 to 2080.
Resistance should appear near2170 mto 2185.
JULY COTTON
Resistance should appear near 9316 to 9347 region
Support should appear 9060 to 9044
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Thursday April 26, 2012
9:45 PM South Florida Beach Time
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FuturesCom Morning Comments Friday April 27, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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