FuturesCom
Morning Investment Comments
Monday July 11, 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
“The best thing about the
future is
that it comes only one day at a time.”
Abraham Lincoln
Sunday
July 10, 2011
3:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support
should appear near 12,530 and the 12,380.00 to
12,320.,00 region
Resistance
should appear near 12,680.00
to 12,740.00
SEPT E-Mini sp500
Resistance should appear near 1346.00
then 1262.00 and the 1377.00 to 1383.00 region.
Support should
appear at near 1334.00 and
1310.00 to 1304.00
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 2411.00 to 2419.00 and 2461.00 to 2469.00
Support
should appear near 2370.00 to 2354.00
SEPT E-Mini RUSSELL 2000
Resistance
should appear near 8556.00 to
858.90 and 866.80 to 868.30
Support should appear near 849.90 to 848.40 and
840.60 to 839.10
SEPT 30 YR BOND
Resistance should appear near 125-07and 125-21
Support should
appear near 124-07
and 123-21
SEPT 10 yr Note
Resistance
should appear near 124-07 and
124-21
Support should
appear near 123-07 and 122-21
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 12530 and 12680 to 12640
Support should appear near 12380 to 12320
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 12030 and the 12320 to 12380 region.
Support should
appear near 11920 and 11690 to 11640
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 1535 to 1529
SEPT COPPER
Resistance should
appear near 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 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 648 ¾ to 650 ¾
Support should
appear 6129 to 616 ½ and 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 and 9137 to 9157
BW Traders can sell at 9037 and hold for lower prices.
Support should
appear near 8872 to 8857 and 8777 to 8762
Stay tuned for livestock flashes and updates
The Satisfying Softs
SEPT COFFEE
Support should
appear near 26200 to 26120 and 25680 to 25520
Resistance should
appear near the 27160 to 27240 region.
SEPT COCOA
Resistance should appear near
the 3148 to 3157
Support should
appear
near 2990 to 2972
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
Sunday July 10, 2011 3:45 PM
South Florida Beach Time