FuturesCom Morning Investment Comments  Friday March 09, 2012  Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

         Courage in a Speculator is merely confidence to act on the decision of his mind

Thursday March 8, 2012

9:00 PM South Florida Beach Time  

THE SENSATIONAL STOCK AND BOND MARKETS 
Dow Jones Industrial Average
Support should appear near 12,890.00 and 12,740.00 to 12,680.00 region.
Resistance should appear near the 13,040.00 to 13,100 region. .

JUNE MARCH E-MINI SP500
Resistance should appear near 1361.50 and the 1377.00 to 1383.00 region.
Support should appear near 1346.00 to 1340.00 and 1334.00.

NASDAQ COMPOSITE
Resistance should appear near 2972.00 to 2990.00.
Support should appear near 2883.00 to 2874.00.

JUNE- E-MINI NASDAQ 100
Resistance should appear near the 2663.00 to 2672.00 region
Support should appear near the 2568.00 to 2552.00 region. .

JUNE E-MINI RUSSELL 2000
Resistance should appear near 802.90 to 804.40.and 811.90 to 813.40.
Support should appear near 795.40 to 793.90 and 786.40 to 783.60.

 

JUNE 30 YR BOND
Resistance should appear near 141-07 and 141-21

Support should appear near 140-07 and 139-21 which should hold.

JUNE 10 YR NOTE
Resistance should appear near 131-21 and 132-07
Support should appear near 130-21 and 130-07

        THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near the 7954 to 7934

JUNE JAPANESE YEN
Resistance should appear near 12320 to 12380
Support should appear near 12175 and 12030 to 11920

JUNE EURO CURRENCY
Support should appear near 13220 and 13100 to 13040
Resistance should appear near 13340 to 13460.

JUNE SWISS FRANC
Resistance should appear near 11085 and 11155
Support should appear near 11010 to 10960 and 10890

JUNE BRITISH POUND
Support should appear near 15760 to15690
Resistance should appear near 15840 and 15925

JUNE CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021

JUNE AUSSIE DOLLAR
Resistance should appear near 10580 to 10630
Support should appear near 10470 and 10360 to 10320.
            THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1713.5 and 1731 to 1738
Support is near 1696 to 1689 and 1672.

MAY COPPER
Resistance should appear near 38580 to 38670
Support should appear near 37430 to 37340

MAY SILVER
Resistance should appear near 3425 to 3443 and 3493 to 3503
Support is at 3386 to 3377 and 3270 to 3261

 

 

THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10680 to 10580 and the 10360 to 10320 region,
BW Traders can buy at 10370 and risk a close under 10101 for three days in a row.

APRIL HEATING OIL
Support should appear near 32130 to 31940 and 31570 to 31480.

Resistance should appear near 33190 to 33280 and 33770 to 33860

APRIL UNLEADED GAS
Support should appear near 32700 to 32610 and 32130 to 31940

Resistance should appear near 33190 to 33280 and 33770 to 33860

APRIL NATURAL GAS
Support should appear at 2275 to 2268
Resistance should appear near 2461 to 2469.

THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1334 and 1322
Resistance should appear near 1346 and 1361 ½

MAY SOYMEAL
Resistance should appear near 373.4 to 374.3 and 385.8 to 386.7
Support should appear near 362.3 to 361.3 and 356.3 to 355.3

MAY BEAN OIL
Resistance should appear near 5418 to 5430 and 5492 to 5504
Support should appear near 5356 to 5344 and 5282 to 5259

 

MAY CORN
Support should appear near 635 to 633 3/4 and 619 to 616 ½
Resistance should appear near 641 ¾ to 643 and 648 ¾ to 650 3/4
MAY WHEAT
Resistance should appear near 648 ¼ to 650 ¾
Support should appear near 627 to 625 ¾

 

 

 

 

THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 12607 and 12530
Resistance should appear near 12680 to 12740 and 12890

APRIL HOGS
Support should appear near 8682 to 8667 and the 8592 to 8557 region.

Resistance should appear near 8762 to 8777 and 8857 to 8872
JUNE HOGS
Support should appear near 9542 to 9527 and 9447 to 9427.
Resistance should appear near 9627 to 9642 and 9707 to 9737

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
MAY COFFEE
Support should appear near 18650 to 18580 and 18220 to 18080
Resistance should appear near 19020 to 19090 and 19460 to 19530

MAY COCOA
Resistance should appear near 2411 to 2419 and 2461 to 2469
Support should appear near 2322 to 2315 and 2275 to 2267

 

MAY SUGAR
Support is at the 2370 to 2354 and 2322 to 2315.
Resistance should appear near 2411 to 2419 and 2461 to 2469

MAY COTTON
Resistance should appear near 9044 to 9060 and 9140 to 9156
Support should appear 8777 to 8762 and 8683 to 8668

–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Thursday March 08, 2012
10:00 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 RELAIBLE 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 Morning Comments Friday  March 9, 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.