THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES.  WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION.  FUTURES and Foreign Exchange TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS.  THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK.  THE USE OF STOPS May NOT LIMIT LOSSES TO INTENDED AMOUNTS.  SPREAD POSITIONS May NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, foreign exchange and options. Trading futures and foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please trade with capital you can afford to lose. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  No SOLICITATION IS made here for individuals to buy or sell futures contracts, foreign exchange or options market. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  Readers are solely responsible for how they use the information and for their results. You should be aware of all the risks associated with futures and foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The high degree of leverage that is often obtainable in futures and foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.  Internet Risks: There are risks associated with utilizing an Internet based Service including, but not limited to, the failure of hardware, software and Internet connection. Futurescom employs back-up systems and contingency plans to minimize the possibility of system failure

 

 

 

 

      
     

FuturesCom
Morning Investment Comments
Friday July 29, 2011 

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

 

     

"If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of the ten thousand brothers or cousins of the original. The mistake family is so large that there is always one of them around" -Reminiscences of a Stock operator--

Thursday July 28, 2011
2:00 PM South Florida Beach Time
                         The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near  the 12,030.00 to 11,920.00 region   
 Resistance should appear near 12,320.00 to 12,380

SEPT E-Mini sp500
 Resistance should appear near 1334.00 to 1346.00     
Support should appear at near  the 1274.00 to 1268.00 region  
BW Traders can buy at 1290.00 and risk a close under 1267.00 for three days in a row


NAsdaq Composite
Resistance should appear near 2820.00 to 2829.00   
Support should appear near 2724.00 to 2716.00

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2411.00 to 2419.00
Support should appear near 2322.00 to 2315.00

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 802.90 to 804.40
Support should appear near 768.90 to 767.50

SEPT 30 YR BOND
Resistance should appear near 126-21and 127-07
Support should appear near 125-21 and 125-07

SEPT 10 yr Note
 Resistance should appear near 125-07 and 125-21
Support should appear near 123-21 and 123-07

                              The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513       
Support should appear near 7342 to 7328
 
SEPT JAPANESE Yen
 Resistance should appear near 13040 to 13100.
BW Traders can sell at 13030 and risk a close over 13117 for three days in a row. 
Support should appear near 12740 to 12680                     


SEPT EURO currency
 Support should appear near  14210 to 14150   
Resistance should appear near 14530 to 14590

SEPT SWISS FRANC
 Resistance should appear near 12680 to 12740  
Support should appear near 12380 to 12320  

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

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

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 the 1642 to 1655 region     
Support is near  1615 to 1609 and 1591.5
SEPT COPPER
 Resistance should appear near the 45030 to 45140 region. 
Support should appear near 43810 to 43700 

SEPT Silver 
 Resistance should appear near 4110 to 4120
Support is at 3929 to 3909                                             

                               The Exciting Energies  
Sept CRUDE Oil
Resistance should appear near 9921 to 9937
Support should appear near 9347 to 9316

SEPT HeaTING Oil
 Support should appear near 31020 to 30920 and 30450 to 30360 region.
Resistance should appear near 31480 to 31570 and 31940 to 32130          
SEPT UNLEADED Gas
 Support should appear at 30450 to 30360   
Resistance should appear near 30920 to 31020  
SEPT NATURAL Gas
Support should appear at 4183 to 4163.     
Resistance should appear near 4370 to 4381                                                                


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear 1346 to 1334
Resistance should appear near  1377 to 1383  

DEC SOYMEAL
Resistance should appear near the 366.3 to 368.2 and 373.4 to 374.3 region          
Support should appear near 356.3 to 355.3 and 350.3 to 349.3  

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

DEC CORN
Resistance should appear near 707 ½ to 708 ¾
Support should appear 675 ½ to 674 ¾  

SEPT WHEAT
Resistance should appear near the 724 ¼ to 725 ½ region.
Support should appear 675 ½ to 674 ¾ .
                           
                                               THE LIVELY LIVESTOCK

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

OCTOBER HOGS

Resistance should appear near 9317 to 9347     
Support should appear near  9062 to 9042

DECEMBER HOGS

Resistance should appear near the 8937 to 8967  
Support should appear near 8777 to 8762  
Stay tuned for livestock flashes and updates

                                 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 3092 to 3102.         
Support should appear near 2937 to 2928     

 

OCT SUGAR
Resistance is at 3092 to 3102
Support should appear near 2883 to 2874 

DEC COTTON
Resistance should appear near 10320 to 10360  
Support should appear  9837 to 9821 and 9737 to 9706
  
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Thursday July 28, 2011 3:00 PM South Florida Beach Time