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FuturesCom
Morning Investment Comments
Wednesday August 3, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

     

Tuesday August 2, 2011
5:00 PM South Florida Beach Time
                         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near the 11,690.00 to 11,640.00 region.
Resistance should appear near  11,920.00 to 12,030.00  

SEPT E-Mini sp500
 Resistance should appear near 1268.00 to 1274.00 
Support should appear at near the 1238.00 to 1232.00 region.
BW Traders can buy at 1238.75 and risk a close under 1231 for three days in a row.

NAsdaq Composite
Resistance should appear near 2716.00 to 2724.00
Support should appear near  2620.00 to 2612.00

 

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2315.00 to 2322.00
Support should appear near the 2275.00 to 2267.00 region.

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 776.30 to 777.70
Support  should appear near 760.10 to 759.70

SEPT 30 YR BOND
Resistance should appear near 133-07 and 134-21
Support should appear near 130-21 and 130-07

SEPT 10 yr Note
 Resistance should appear near 127-21 and 128-07
Support should appear near 126-21 and 126-07.
                      

                            The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513        
Support should appear near 7428 to 7414     
 
SEPT JAPANESE Yen
 Resistance should appear near the 13040 to 13100 region   
Support should appear near the 12740 to 12680 region.                    

SEPT EURO currency
 Support should appear near 13830 to 13770.  
Resistance should appear near  14210 and 14390
BW Traders should go long if a close over 14390 occurs
 
 SEPT SWISS FRANC
 Resistance should appear near 13340 to 13460  
Support should appear near 13040 and 12910   

SEPT BRITISH POUND
Support should appear near 16150 to 16090.  
Resistance should appear near 16420 to 16550 region.  

SEPT CanadIAN Dollar
 Resistance should appear near 10470 and the 10580 to 10680 region. 
Support should appear near 10360 to 10320 and 10237.

SEPT AUSSIE DOLLAR
 Resistance should appear near  10960 to 11010
Support should appear near 10680 to 10580

.
                               The Precious Metals
 december gold
 Resistance should appear near 1689 to 1696.    
Support is near 1655 to 1642
SEPT COPPER
 Resistance should appear near 45030 to 45140 region.  
Support should appear near 43810 to 43700 and the 43150to 43040 region   

SEPT Silver 
 Resistance should appear near 4046 to 4056 and the 4110 to 4120 region  
Support is at 3867 to 3857 and the 3743 to 3734 region .                                           


                                 The Exciting Energies  
Sept CRUDE Oil
Resistance should appear near 9706 to 9737. 
Support should appear near 9347 to 9316 and the 9060 to 9044 region.
BW Traders should go long if a close over 9741 occurs

september HeaTING Oil
 Support should appear near the 30450 to 30360 region.
Resistance should appear near 31480 to 31570          
september UNLEADED Gas
 Support should appear at 29370 to 29280. 
Resistance should appear near 30920 to 31020

september NATURAL Gas
Support should appear at 4056 to 4046     
Resistance should appear near the 4304 to 4315 region                                                                 
                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear  the 1334 to 1346 region
BW Traders can buy at 1347 and hold for higher prices. 
Resistance should appear near the 1415 to 1421 region

DECEMBER SOYMEAL
Resistance should appear near the 366.3 to 368.2 region.           
Support should appear near 344.4 to 342.5.

DECEMBER BEAN OIL
Resistance should appear near 5855 to 5880        
Support should appear near 5729 to 5716

DEC CORN
Resistance should appear near 732 ¾ to 734 ¼
Support should appear 708 ¾ to 707 ½  

DECEMBER WHEAT
Resistance should appear near region 793 ¾ to 795 ¾  
Support should appear 7725 ½ to 724 ¼ .                             

                                              THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 11690 to11640 and the 11360 to 11300 region.
BW Traders can buy at 11697 and hold for higher prices.

Resistance should appear near the 11920 to 12030 region.   Trade accordingly

 OCTOBER HOGS

Resistance should appear near 9427 to 9447 and the 9522 to 9542 region. 
Support should appear near 9157 to 9137. BW Traders can buy at 9162 and hold for higher prices.
BW Traders should go long if a close over 9347 occurs.

DECEMBER HOGS

Resistance should appear near 9042 to 9062 and the 9137 to 9162 region. .
Support should appear near 8872 to 8857 and 8777 to 8762.                                                

                           The Satisfying Softs
 SEPT COFFEE
Support should appear near 23220 to 23150
Resistance should appear near 24610 to 24690 .
 

SEPT COCOA
Resistance should appear near 3036 to 3045         
Support should appear near 2829 to 2820    

 

OCT SUGAR
Resistance is at 3036 to 3045 region.
Support should appear near 2829 to 2820. 

DEC COTTON
Resistance should appear near the 10960 to 11010 region.
Support should appear 10360 to 10320 .
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Tuesday August 2, 2011 6:00 PM South Florida Beach Time