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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  

Wednesday August, 17 4:30 PM South Florida Beach Time