FuturesCom
Morning Investment Comments
Thursday August 18, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs
Wednesday August 17, 2011
3:30 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support
should appear near 11,360.00 to 11,320.00 and
11,237.00
Resistance
should appear near the
11,640.00 to 11,690.00 region
SEPT E-Mini sp500
Resistance should appear near 1192.00 to
1203.00 and the 1232.00 to 1238.00 region
Support should
appear at near 1169.00 to 1164.00 and the 1136.00 to 1130.00
region
NAsdaq
Composite
Resistance
should appear near
2552.00 to 2568.00
and the 2612.00 to 2620.00 region
Support should appear near
2511.00 and the
2469.00 to 2461.00 region
SEPT
E-Mini NasdaQ 100
Resistance
should appear near 2219.00 to 2226.00 and the 227.00 to
2275.00 region
Support
should appear near 2170.00 and the 2134.00 to 2126.00 region
SEPT E-Mini RUSSELL 2000
Resistance
should appear near 714.30 to
717.00 and the 732.80 to 734.20 region
Support should appear near 683.60 to 680.90 and
667.30 to 665.90
SEPT 30 YR BOND
Resistance should appear near 138-21and 139-07
Support should
appear near 136-21 and 135-21.
SEPT 10 yr Note
Resistance
should appear near 130-21 and
131-07.
Support should
appear near 129-07 and 127-21
The Frenzied Forex Front
SEPT dOLLAR iNDEX
Resistance
should appear
near 7414 to 7428
Support should appear near 7342 to 7328
SEPT JAPANESE Yen
Resistance
should appear
near 13100 and 13340 to 13460
Support should appear near the 12890 and 12740 to
12680
SEPT EURO currency
Support
should appear near 14390 and 14210 to 14150
Resistance should
appear near the 14530 to 14590 region
SEPT SWISS FRANC
Resistance
should appear near 12680 to
12740
Support should
appear near
12380 to 12320
SEPT BRITISH POUND
Support
should appear near 16420 and 16237
Resistance should
appear near 16550 and 16720
SEPT CanadIAN Dollar
Resistance
should appear
near the 10237 and the 10320 to 10360 region.
Support should
appear near 10136 to 10104
SEPT AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
Support should
appear near 10360 to 10320
The Precious
Metals
december
gold
Resistance
should appear near 1808 to
1822 and 1858 to 1865
Support is near 1780 to 1774.0 and 1738 to 1731
SEPT COPPER
Resistance should
appear near 40460 to 40560 and the 41100 to 41200 region.
Support should
appear near 39290 to 39090 and the 38670 to 38580 region.
SEPT Silver
Resistance
should appear near 4046 to
4056.
Beyond that a test of the 4110 to 4120 region is likely
Support is at 3992 to 3982 and 3929 to 3909
The Exciting Energies
October
CRUDE Oil
Resistance should
appear near 8856 to 8871 and the 9044 to 9060 region
Support should appear near 8683 to 8668 and
8499 to 8484
september
HeaTING Oil
Support
should appear near 28290 to 28200 and the 2724 to
27160 region
Resistance should
appear near 29720 to 29900 and the 30360 to 30450 region
september UNLEADED Gas
Support
should appear at 27750 to 27580 and the 26720 to
26630 region
Resistance should
appear near 28830 to 28740 and the 29720 to 29900 region
september NATURAL Gas
Support
should appear at the 3867 to
3858
Resistance should
appear near 4046 to 4056
THE GRANDE’ GRAINS
NOVEMBER
SOYBEANS
Support
should appear near 1346 to 1334
Resistance should
appear near 1377 to 1383
DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362 and 366.3 to
368.2
Support should
appear near 350.3 to 349.3 and 344.4 to 342.5.
DECEMBER BEAN OIL
Resistance should appear near 5640 to 5653 and 5716 to
5729
Support should
appear near 5430 to 5418 and the 5356 to 5344 region.
BW Traders can buy at 5357 and hold for higher prices.
DEC CORN
Resistance should appear near 732 ¾ to 734 ¼ and 748 ¾
to 751 ¾
Support should
appear 717 to 714 ¾ and the 708 ¾ to 707 ½ region.
DECEMBER WHEAT
Resistance should appear near 759 ¾ to 760 ¾ and the 776
¼ to 777 ¾ region
Support should
appear near 742 ¾ to 741 ¾ and 734 ¼ to 732 ¾
THE
LIVELY LIVESTOCK
OCTOBER CATTLE
Support
should appear near 11690 to 11640.
Resistance should
appear near 11920 to 12030
Trade accordingly
OCTOBER HOGS
Resistance should appear near
8857 to 8872 and 8932
to 8967
Support should
appear near 8682 to 8667 and the 8592 to 8562 .
BW Traders can buy at 8687 and hold for higher prices.
DECEMBER HOGS
Resistance should appear near the 8557 to 8587 and 8667
to 8682.
Support should
appear near 8407 to 8392 and the 8317 to 8302 region
The Satisfying Softs
DEC COFFEE
Support should
appear near 25680 to 25520
Resistance should
appear near 27160 to 27240
DEC COCOA
Resistance should appear near
3092 to 3102
Support should
appear
near 2990 to 2972
OCT SUGAR
Resistance is at 2972 to 2990.
BW Traders can sell
at 2970 and hold for lower prices.
Beyond that sellers should appear near 3036 to 3045
Support should
appear near the 2937 to 2928 and 2883 to 2874.
DEC COTTON
Resistance should appear near the 10960 to 11010 region.
Support should
appear 10680 to 10580
--A Ship in Harbor is
Safe...But that is not what ships are built for --
Happy Trading!
Bill
wil@futurescom.com