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FuturesCom
Morning Investment Comments
Friday July 08, 2011 

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

 

    “The best thing about the future is that it comes only one day at a time.” Abraham Lincoln            

Thursday July 07, 2011
10:00 PM South Florida Beach Time
                         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near 12,680.00 and 12,530.
 Resistance should appear near 12,890.00 and 13,040.00 to 13,100.00

SEPT E-Mini sp500
 Resistance should appear near the 1377.00 to 1383.00 region. 
Support should appear at near 1346.00 to 1334.00.

NAsdaq Composite
Resistance should appear near 2874.00 to 2883.00
Support should appear near 2829.00 to 2820.00.

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2461.00 to 2469.00
Support should appear near 2370.00 to 2354.00

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 866.80 to 868.30
Support should appear near 849.90 to 848.40  

SEPT 30 YR BOND
Resistance should appear near 123-21 and 124-07.
Support should appear near 122-21 and 122-07.

SEPT 10 yr Note
 Resistance should appear near 122-21 and 123-07.
Support should appear near 121-21 and 121-07.
                          The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near the 7587 to 7601 region.        
Support should appear near 7513 to 7486.   
 
SEPT JAPANESE Yen
 Resistance should appear near 12320 to 12380
Support should appear near 12175 and 12030 to 11920 region.                    

SEPT EURO currency
 Support should appear near the14210 to 14150 region.  
Resistance should appear near 14530 to 14590.   
SEPT SWISS FRANC
 Resistance should appear near 11920 to 12030 and the 12320 to 12380 region.  
Support should appear near 11690 to 11640 and the 11360 to 11300 region   

SEPT BRITISH POUND
Support should appear near 15927 and the 15760 to 15690 region.  
Resistance should appear near 16090 to 16150
SEPT CanadIAN Dollar
 Resistance should appear near 10470 and the 10580 to 10680 region.  
Support should appear near 10360 to 10320 and 10237. BW Traders can buy at 10241 and hold for higher prices.   
SEPT AUSSIE DOLLAR
 Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10630 to10580
                               The Precious Metals
 AUGUST gold
 Resistance should appear near the 1569 to 1576    
Support is near 1529 and 1515.50

SEPT COPPER
 Resistance should appear near the 45030 to 45140
Support should appear near 43810 to 43700    

SEPT Silver 
 Resistance should appear near 3734 to 3743
Support is at 3563 to 3553                                           

                                  The Exciting Energies  
AUGUST CRUDE Oil
Resistance should appear near  9921 to 9937  and 10021 to 10037
Support should appear near 9542 to 9526 and 9347 to 9316.   

august HeaTING Oil
 Support should appear near 30450 to 30360
Resistance should appear near 31480 to 31570           
august UNLEADED Gas
 Support should appear at 31020 to 30920 and 30450 to 30360   
Resistance should appear near 31480 to 31570 and 31940 to 32130

august NATURAL Gas
Support should appear at  4120 to 4110    
Resistance should appear near  4304 to 4315                                                                


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Resistance should appear 1377 to 1383
Support should appear near 1334 and 1310 to 1304

AUGUST SOYMEAL
Resistance should appear near 355.3 to 356.3.          
Support should appear near 344.3 to 342.5 and the 338.6 to 337.7 region.

AUGUST BEAN OIL
Resistance should appear near 5716 to 5729         
Support should appear near 5577 to 5553.

DEC CORN
Resistance should appear near 633 ¾ to 635       
Support should appear 611 ¼ to 610 ¼  

SEPT WHEAT
Resistance should appear near the 665 ¾ to 667 ¼ region.
Support should appear 603 ½ to 602 ¾. BW Traders can buy at 603 and hold for higher prices. . Risk  close under 584 ¾ for three days in a row.                             

                                              THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 11360 to 11300   
Resistance should appear near the 11640 to 11690 region.    

 

AUGUST HOGS

Resistance should appear near 9707 to 9737   
Support should appear near  9542 to 9522

OCTOBER HOGS

Resistance should appear near 9042 to 9062
BW Traders can sell at 9037 and hold for lower prices.   
Support should appear near 8857 and 8777 to 8762
Stay tuned for livestock flashes and updates

                                  The Satisfying Softs
 SEPT COFFEE
Support should appear near 26720 to 26630    
Resistance should appear near the 27160 to 27240 region.    

SEPT COCOA
Resistance should appear near the 3261 to 3270 region.          
Support should appear near 3157 to 3148     

 

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

DEC COTTON
Resistance should appear near 11920 to 12030
Support should appear near the 11360 to 11300 region.
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Thursday July 07, 2011 11:45 PM South Florida Beach Time