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FuturesCom
Morning Investment Comments
Friday July 01, 2011 

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

 

All US Exchanges are closed Monday in Celebration of Independence Day.
Some Electronic markets will be open Sunday night and have a shortened session on Monday.
Have a Great Holiday!

Thursday June 30, 2011 2:00 PM South Florida Beach Time 
"Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking - chances that he must take if he wishes to be more than a mercantile mollusk--"
--Reminiscences of a Stock Operator --

The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,380.00 to 12,320.00
 Resistance should appear near 12,530.00 12,680.00 to 1274.00  


SEPT E-Mini sp500
 Resistance should appear near 1322.00BW Traders can sell at 1320.75 and hold for lower prices.
Beyond that sellers should appear near 1334.00 to 1346.00
Support should appear at near 1310.00 to 1304.00 and 1289.00

 NAsdaq Composite
Resistance should appear near 2820.00 to 2829.00         
Support should appear near 2758.00 and 2724.00    

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2354.00 to 2370.00. BW Traders can sell at 2353.00 and risk a close over 2377 for three days in a row.  
Support should appear near  2315.00 and 2275.00

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 830.00 to 831.40 and 839.10 to 840.60
Support should appear near 822.30 to 819.40 and 804.40 to 802.90

SEPT 30 YR BOND
Resistance should appear near  123-21 and 124-07
Support should appear near 122-07 and 121-21

SEPT 10 yr Note
 Resistance should appear near  123-07 and 123-21
Support should appear near 122-07 and 121-21
                             The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513      
Support should appear near 7428 to 7414  
 
SEPT JAPANESE Yen
 Resistance should appear near the12680 to 12740 region. 
Support should appear near  12380 to 12320                   

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

SEPT SWISS FRANC
 Resistance should appear near  11920 to 12030 and 12175  
Support should appear near 11805 and 11690 to 11640    

SEPT BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150
SEPT CanadIAN Dollar
 Resistance should appear near 10580 to 10680
Support should appear near 10320 and 10136 to 10104

SEPT AUSSIE DOLLAR
 Resistance should appear near 10680 and 10805
Support should appear near 10470 and 10360 to 10320.

                               The Precious Metals
 AUGUST gold
 Resistance should appear near 1529 to 1535     
Support is near 1496 to 1484
SEPT COPPER
 Resistance should appear near 43040 to 43150 
Support should appear near 41200 to 41100  

SEPT Silver 
 Resistance should appear near 3553 to 3563
Support is at 3326 to 3319                                           
                                 The Exciting Energies  

AUGUST CRUDE Oil
Resistance should appear near 9706 to 9737
Support should appear near 9156 to 9140

august HeaTING Oil
 Support should appear near 28290 to 28200
Resistance should appear near 30360 to 30450           
august UNLEADED Gas
 Support should appear near 28290 to 28200
Resistance should appear near 30360 to 30450          

august NATURAL Gas
Support should appear at 41830 to 41630   
Resistance should appear near 4425 to 4446                                                                


                                THE GRANDE’ GRAINS
 AUGUST SOYBEANS
Resistance should appear  1304 to 1310
Support should appear near 1274 to 1268    

AUGUST SOYMEAL
Resistance should appear near  337.7 to 338.6           
Support should appear near the 321.3 to 319.4.

AUGUST BEAN OIL
Resistance should appear near 5640 to 5653           
Support should appear near 5430 to 5418

SEPT CORN
Resistance should appear near 657 ¾ to 659 ¾    
Support should appear 603 ½ to 602 ½    

SEPT WHEAT
Resistance should appear near 657 ¾ to 659 ¼        
Support should appear near 572 ¾ to 571 ¾  
                                    

                                               THE LIVELY LIVESTOCK

August Cattle
Support should appear near 11010 to 10960
Resistance should appear near 11300 to 11360  


AUGUST HOGS

Resistance should appear near 9312 to 9347    
Support should appear near 8967 to 8937   

                                  The Satisfying Softs
 SEPT COFFEE
Support should appear near 26200 to 26120
Resistance should appear near 266340 to 26720.   

SEPT COCOA
Resistance should appear near 3194 to 3213          
Support should appear near 3045 to 3036     

 

OCT SUGAR
Resistance is at the 2758 to 2775 region
Support should appear near 2519 to 2511  

OCT COTTON
Resistance should appear near 13040 to 13100   
Support should appear 11690 to 11640. 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Thursday June 30, 2011  2:45 PM South Florida Beach Time