FuturesCom
Morning Investment Comments
Thursday August 4, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs
Wednesday August 3, 2011
7:00 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.
NAsdaq Composite
Resistance
should appear near 2716.00 to
2724.00
Support should appear near 2672.00 to 2663.00 and
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 131-21 and 133-07
Support should
appear near 130-07 and 129-21
SEPT 10 yr Note
Resistance
should appear near 127-21 and
128-07
Support should
appear near 126-07 and 125-21
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 region.
SEPT EURO currency
Support
should appear near 14210 to 14150.
Resistance should
appear near 14390 and 14530 to 14590
BW Traders should go long if a close over 14390 occurs
SEPT SWISS FRANC
Resistance
should appear near 13040 to 13100
Support should
appear near 12910 and 12740 to 12680
SEPT BRITISH POUND
Support
should appear near 16150 to 16090.
Resistance should
appear near the 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 43150 to 43040
SEPT Silver
Resistance
should appear near 4238 to
4249 and 4304 to 4315
Support is at 4120 to 4110 and 4056 to 4046 .
The Exciting Energies
Sept CRUDE
Oil
Resistance should
appear near 9316 to 9347
Support should appear near 9060 to 9044
September HeaTING Oil
Support
should appear near 29900
to 29720.
Resistance should
appear near 31480 to 31570
september UNLEADED Gas
Support
should appear at 28830 to 28740.
Resistance should
appear near 30360 to 30450
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 1415 to 1421
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 5653 to 5640
DEC CORN
Resistance should appear near 732 ¾ to 734 ¼
Support should
appear 700 ¼ to 699
DECEMBER WHEAT
Resistance should appear near region 793 ¾ to 795 ¾
Support should
appear 725 ½ to 724 ¼ .
THE
LIVELY LIVESTOCK
OCTOBER HOGS
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 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 2874 to 2883
Support should
appear near 2724 to 2716.
DEC COTTON
Resistance should appear near the 10580 to 10680.
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
Wednesday August 3, 2011 8:30
PM
South Florida Beach Time