FuturesCom Morning Investment Comments Wednesday April 11, 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.”
Tuesday April 10, 2012
4:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,680.00 and the 12,380.00 to 12,320.00 region.
Resistance should appear near 12,890.00 and the 13040.00 to 13,100.00 region.
JUNE E-MINI SP500
Resistance should appear near 1361.50 and the 1377.00 to 1383.00 region.
Support should appear near the 1346.00 to 1334.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00 and 3092.00 to 3102.00
Support should appear near 2990.00 to 2972.00 and 2937.00 to 2928.00
JUNE E-MINI NASDAQ 100
Resistance should appear near 2716.00 to 2724.00 and 2758.00 to 2775.00.
Support should appear near 2672.00 to 2663.00 and 2620.00 to 2612.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near the 793.90 to 795.40 and 811.90 to 813.40
Support should appear near 777.70 to 776.30 and the 768.90 to 767.50 region.
JUNE 30 YR BOND
Resistance should appear near 141-21, beyond that sellers should appear near 142-07 and cap a rally.
Support should appear near 141-07 and 140-21.
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 a close over is friendly and augurs for a test of
8119 to 8134.
Support should appear near 7954 to 7939.
JUNE JAPANESE YEN
Resistance should appear near 12530 and 12680 to 12740
Support should appear near 12380 to 12320
JUNE EURO CURRENCY
Support should appear near 13040 and 12890
Resistance should appear near 13100 and 13220.
BW Traders can sell at 13217 and hold for lower prices.
JUNE SWISS FRANC
Resistance should appear near 10960 to 11010
Support should appear near 10890 and 10820.
JUNE BRITISH POUND
Support should appear near 15760 to 15690 and 15525
Resistance should appear near 15927 and the 16090 to 16150 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 10021 to 10037.
Support should appear near 9937 to 9921 and 9837 to 9821
JUNE AUSSIE DOLLAR
Resistance should appear near 10237 and the 10320 to 10360 region.
Support should appear near 10136 to 10104 and the 10037 to 10021 region.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1672 and the 1689 to1696 region. BW Traders can sell at 1688 and hold for lower prices.
Support is near 1655 to 1642 and 1615 to 1609
MAY COPPER
Resistance should appear near 37340 to 37450
Support should appear near the 36230 to 36130.
MAY SILVER
Resistance should appear near 3194 to 3213 and 3261 to 3270.
Support is at 3157 to 3148 and the 3102 to 3092 region.
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10104 to 10136 and 10187.
Support should appear near the 10037 to 10021 and 9937 to 9921
MAY HEATING OIL
Support should appear near the 30450 to 30360 region.
Resistance should appear near 31940 to 32130
MAY UNLEADED GAS
Support should appear near 32130 to 31940 and contain a decline.
Resistance should appear near 33190 to 33280
MAY NATURAL GAS
Support should appear at 19960 to 19820.
Resistance should appear near 20800 to 20890
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1421 to 1415 and 1383 to 1377.
Resistance should appear near the 1453 to 1459 and the 1484 to 1496 region.
MAY SOYMEAL
Resistance should appear near 398.2 to 399.2 and the 404.6 to 405.6 region.
Support should appear near 386.7 to 385.8, a close under is negative and augurs for a test of 374.3 to 373.4 and the 368.2 to 366.3 region.
MAY BEAN OIL
Resistance should appear near 5716 to 5729 and the 5792 to 5805 region.
Support should appear near 5653 to 5640 and the 5577 to 5553 region.
MAY CORN
Support should appear near 619 to 616 ½ and 603 ½ to 602 ¾
Resistance should appear near 641 ¾ to 643 and 648 ¾ to 650 ¾.
JULY WHEAT
Resistance should appear near 641 ¾ to 643 and 665 ¾ to 667 ¾.
Support should appear near 619 to 616 ½ 588 to 585 ½
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11360 to 11300 and 11157
Resistance should appear near 11500 and 11640 to 11690
JUNE HOGS
Support should appear near the 9157 to 9142 region. Which should hold, failure there is negative and augurs for a test of 9062 to 9042
Resistance should appear near 9347 and the 9427 to 9447 which should cap a rally.
OCTOBER HOGS
Support should appear near 8407 to 8392
Resistance should appear near the 8667 to 8682 region
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 17380 to 17310 and the 16960 to 16890 region.
Resistance should appear near 18080 to 18220 and 18580 to 18620.
JULY COCOA
Resistance should appear near 2080 to 2089 and 2170 to 2185
Support should appear near the 1953 to 1946 region.
JULY SUGAR
Support is at the 2275 to 2267 region
Resistance should appear near 2411 to 2419.
JULY COTTON
Resistance should appear near 8856 to 8871 and 8934 to 8964. Beyond that sellers should appear near 9044 to 9060 and the 9140 to 9156 region.
Support should appear 8777 to 8762 and the 8683 to 8668 region.
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Tuesday April 10, 2012
5:25 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 RELIABLE 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 Wednesday April 11, 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.