FuturesCom  Morning Investment Comments Thursday March 01, 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

Wednesday February 29, 2012

1:35 PM South Florida Beach Time  

THE SENSATIONAL STOCK AND BOND MARKETS 
Dow Jones Industrial Average
Support should appear near 12,740.00 to 12,680.00 and 12,530.00.
Resistance should appear near 13,040.00 to 13,100 and cap a rally.

MARCH E-MINI SP500
Resistance should appear near  the 1377.00 to 1383.00 and the 1415.00 to 1421.00 region
Support should appear near  1361.50 and 1346.00 to 1334.00

NASDAQ COMPOSITE
Resistance should appear near the 3036.00 to 3045.00 region.
Support should appear near 2937.00 to 2928.00

MARCH E-MINI NASDAQ 100
Resistance should appear near the 2663.00 to 2672.00 region.

Support should appear near 2568.00 to 2552.

 MARCH E-MINI RUSSELL 2000
Resistance should appear near 822.30 and the 830.00 to 831.40 region.
Support should appear near 813.40 to 811.90 and 804.40 to 802.90,

 

JUNE 30 YR BOND
Resistance should appear near 142-07, beyond that sellers  should appear near 142-21

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

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

        THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX
Resistance should appear near 7939 to 7954
Support should appear near the 7864 to 7836

MARCH JAPANESE YEN
Resistance should appear near 12380 and 12455.
Support should appear near the 12320 and 12165

MARCH EURO CURRENCY
Support should appear near 13340 then 13265  and 13220
Resistance should appear near  13400 then 13460 13535

MARCH SWISS FRANC
Resistance should appear near 11155 and 11300 to 11360
Support should appear near 11010 to 10960

MARCH BRITISH POUND
Support should appear near 15760 to 15690.
Resistance should appear near the 16090 to 16150 region, which should cap a rally.

MARCH CANADIAN DOLLAR
Resistance should appear near 10136 and 10185
Support should appear near 10037 to 10021.

MARCH AUSSIE DOLLAR
Resistance should appear near 10820 and 10960 to 11010.
Support should appear near 10680 to10580.
 

 

 

 

            THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1731 to 1738 and 1756
Support is near 1696 to 1689 and 1655 to 1642

MAY COPPER
Resistance should appear near the 39090 to 39290.
Support should appear near 38060 to 37950,

MAY SILVER
Resistance should appear near 3553 to 3563 and 3613 to 3623
Support is at 3386 to 3377 and 3270 to 3261

 

 

THE EXCITING ENERGIES
APRIL CRUDE OIL
Resistance should appear near 10960 to 11010 and 11300 to 11360
Support should appear near 10470 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 31020 to 30920.

Resistance should appear near 32610 to 32700 and 33190 to 33280

APRIL UNLEADED GAS
Support should appear near 32130 to 31940 and 31570 to 31480. BW Traders can buy at 31600, risk a close under 30920 for three days in a row.

Resistance should appear near 33190 to 33280

APRIL NATURAL GAS
Support should appear at 2519 to 2511
Resistance should appear near 2716 to 2724.

THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1310 to 1304
Resistance should appear near 1334 to 1346

MAY SOYMEAL
Resistance should appear near 361.3 to 362.3
Support should appear near 344.3 to 342.5

MAY BEAN OIL
Resistance should appear near 5553 to 5577 and the 5460 to 5653 region.
BW Traders can sell at 5552 for a turn lower and risk a close over 5670 for three days in a row.
Support should appear near 5430 to 5418 and 5356 to 5344

MAY CORN
Support should appear near 643 to 641 ¾
Resistance should appear near 665 ¾ to 667 ¼.
MAY WHEAT
Resistance should appear near 674 ¾ to 675 ½ and 680 ¾ to 683 ¾
Support should appear near 650 ¾ to 684 ¼ and 643 to 641 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 12740 to 12680..BW Traders can buy at 12752 for a bounce and risk a close under 12672 for three days in a row.
Resistance should appear near 13040 to 13100.

APRIL HOGS
Support should appear near 8872 to 8857

Resistance should appear near 9042 to 9062
JUNE HOGS
Support should appear near 9837 to 9822 and 9737 to 9707.
Resistance should appear near 9922 to 9937 and 10022 to 10037

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS

 

MAY COFFEE
Support should appear near the 19960 to 19820
Resistance should appear near 20800 to 20890 and 12160 to 21340. Beyond that sellers should appear near 21700 to 21850 and cap a rally. BW Traders can sell at 21700 and hold for lower prices.

MAY COCOA
Resistance should appear near 2411 to 2419 and the 2552 to 2568 region. .
Support should appear near 2322 to 2315 and 2275 to 2267

 

MAY SUGAR
Support is at the 2419 to 2411 region.
Resistance should appear near 2552 to 2568 .

MAY COTTON
Resistance should appear near the 9140 to 9156 and 9316 to 9347 region.
BW Traders can sell at 9315 and hold for lower prices. .
Support should appear 8964 to 8934 and 8871 to 8856
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!
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FuturesCom Morning Comments Monday  March 1, 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.