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FuturesCom
Morning Investment Comments
Tuesday August  30, 2011 

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

 

     

 

 

 

 

Monday August 29, 2011
12:00 Noon South Florida Beach Time
Dow Jones Industrial Average
 Support should appear near 11,360.00 to 11,300.00.
 Resistance should appear near the 11,640.00 to 11,690.00 region   

SEPT E-Mini sp500
 Resistance should appear near 1232.00 to 1238.00. 
BW Traders can sell at 1231.50 and hold for lower prices.
Support should appear at near 1192.00 then 1180.50 and 1169.00 to 1164.00 
 

NAsdaq Composite
Resistance should appear near 2552.00 to 2568.00. Beyond that sellers should appear near 2612.00 to 2620.00 and cap a rally.
Support should appear near 2519.00 to 2511.00.

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2219.00 to 2226.00 and the 2267.00 to 2275 region  
Support should appear near 2185 to 2170 and the 2134 to 2126 region.
BW Traders can Buy at 2135 and risk a close under 2079 for three days in a row.

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 724.20 to 725.50 and the 732.80 to 734.20 region.
Support should appear near 691.90 to 690.60 and 675.50 to 674.30

DEC 30 YR BOND
Resistance should appear near 136-07 and 136-21.
Support should appear near 134-21. Below that 134-07 should hold...

DEC 10 yr Note
 Resistance should appear near 130-21 and 131-07
Support should appear near 127-07 and 126-21. 


 

                              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 the 13040 to 13100 region.  
Support should appear near the 12740 to 12680                    


 

 

 

 

 

 

SEPT EURO currency
 Support should appear near 14390 and 14210 to 14150
Resistance should appear near the 14530 to 14590 region. Beyond that sellers should appear
near 14840 to 14960 and cap a rally
 
 SEPT SWISS FRANC
 Resistance should appear near 12320 to 12380   
Support should appear near the 12030 to 11920 region    

SEPT BRITISH POUND
Support should appear near 16150 to 16090.. BW Traders can buy at 16155 and risk a close under 16090 for three days in a row.     
Resistance should appear near 16420 to 16550  

SEPT CanadIAN Dollar
 Resistance should appear near the 10320 to 10360 region
Support should appear near 10136 to 10140 BW Traders can buy at 10137 and hold for higher prices.

SEPT AUSSIE DOLLAR
 Resistance should appear near 10680 and 10960 to 11010
Support should appear near 10580 and 10470

 

 

                              The Precious Metals
 december gold
 Resistance should appear near 1808 to 1822 and 1858 to 1865      
Support is near 1780 to 1774 and the 1738 to 1731 region.  
BW Traders can buy at 1739 and hold for higher prices. Below that 1696 to 1689 should hold.

DEC COPPER
 Resistance should appear near 41100 to 41200 and 41630 to 41830.  
Support should appear near 40560 to 40460 and the 39920 to 39820 region and should hold...
BW Traders can buy at 39950 and risk a close under 39050 for three days in a row,     

DEC Silver 
 Resistance should appear near 4110 to 4120 and the 4238 to 4249 region.   
Support is at 3867 to 3857 and the 3743 to 3734 region.                                           
                                 The Exciting Energies  
October CRUDE Oil
Resistance should appear near 8762 to 8777.  A close over is friendly and augurs for a test of 8856 to 8871 and the 9044 to 9060 region.
Support should appear near 8589 to 85609 and 8499 to 8484  

OCTOBER HeaTING Oil
 Support should appear near 29900 to 29720 and the 28290 to 28200 region
Resistance should appear near 30450 and the 30920 to 310120 region           

OCTOBER UNLEADED Gas
 Support should appear at 27750 to 27580 and the 26720 to 26630 region  
BW Traders can buy at 26750 and hold for higher prices...
Resistance should appear near 28830 to 28740 and the 29720 to 29900 region 

OCTOBER NATURAL Gas
Support should appear at 3743 to 3734 and the 3682 to 3663 region     
Resistance should appear near 4046 to 4056 and 4163 to 4183                                                                 


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear the 1421 to 1415 and the 1383 to 1377 region
Resistance should appear near the 1453 to 1459 and the 1484 to 1496 region

DECEMBER SOYMEAL
Resistance should appear near 385.8 to 386.7 and the 398.2 to 399.2 region            
Support should appear near 380.6 to 379.5 and the 374.3 to 373.4 region

DECEMBER BEAN OIL
Resistance should appear near 5855 to 5880 and the 5945 to 5957 region.          
Support should appear near 5729 to 5716 and the 5653 to 5640 region.  
BW Traders can buy at 5655 and hold for higher prices.

DEC CORN
Resistance should appear near 776 ¾ to 777 ¾ and the 783 ¾ to 786 ½ region.    
Support should appear 760 ¼ to 759 �� and the 7751 ¼ to 748 ¾ region  
 
DECEMBER WHEAT
Resistance should appear near region 811 ¾ to 813 ¾ and 819 ½ to 822 ¼
Support should appear 786 ¾ to 783 ¾ and 777 ¾ to 776 ¼. 

 

 

 

 

 

                                              THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 11360 to 11300
Resistance should appear near 11640 to 11690

OCTOBER HOGS

Resistance should appear near 8667 to 8682
Support should appear near the 8592 to 8557 

DECEMBER HOGS

Support should appear near the 8317 to 8302 region. 
Resistance should appear near 8392 to 8407  
Stay tuned for livestock flashes and updates                       
                    

                           The Satisfying Softs
 DEC COFFEE
Support should appear near 28290 to 28200 and 27750 to 27580   
Resistance should appear near 28740 to 28830 and 29280 to 29370

DEC COCOA
Resistance should appear near 3148 to 3157 and the 3194 to 3213 region         
Support should appear near 3045 to 3036 and the 2990 to 2972 region  

 

OCT SUGAR
Resistance is at 3036 to 3045 and the 3092 to 3102 region 
Support should appear near 2937 to 2928 and the 2883 to 2874 region.  

DEC COTTON
Resistance should appear near 10580 to 10680 and 10960 to 11010
Support should appear 10360 to 10320 and the 10136 to 10104 region 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  
Monday August 29 1:00 PM South Florida Beach Time