X

SP500 – Bonds – Forex – Precious Metals – Energy – Grains – Livestock – Softs – Friday August 3-2012 Morning Commodity and Investment Comments Newsletter by FuturesCom

FuturesCom  Morning Investment Comments  Friday August  3, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2

“’A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’”

Thursday August 2, 2012 2:00 PM South Florida Beach Time

                                    THE SENSATIONAL STOCK AND BOND MARKETS

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 12,740.00 to 12,680.00 region.

Resistance should appear near 12,890.00 and the 13,040.00 to 13,100.00 region.

SEPT E-MINI SP500
Resistance should appear near 1361.50 and 1377.00 to1383.00
Support should appear near the 1346.00 to 1334.00 region


NASDAQ COMPOSITE
Resistance should appear near 2928 to 2937 and 2972.00 to 2990.
Support should appear near the 2883.00 to 2874.00 and 2829 to 2820
SEPT E-MINI NASDAQ 100
Support should appear near 2612.00 and 2590.00
Resistance should appear near 2641and 2663.00 to 2672.00

 

 

 

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 767.50 to 768.90 and 777.30 to 777.70.
Support should appear near 760.10 to 758.70 and 751.30 to 748.60

SEPT 30 YR BOND
Resistance should appear near 151-21 and 152-07

Support should appear near 150-21 and 150-07

SEPT 10 YR NOTE
Resistance should appear near 134-21 and 135-07
Support should appear near 133-21 and 133-07

        THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8391 to 8406.
Support should appear near 8314 to 8300.

SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12740 to 12680.

 

SEPT EURO CURRENCY
Support should appear near 12175 and 12030 to 11920
Resistance should appear near 12247 and 12320 to 12380.

SEPT SWISS FRANC
Resistance should appear near 10237 and 10320 to 10360

Support should appear near 10136 to 10104 and 10037 to 10021

SEPT BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15607 and 15690 to 15760.

SEPT CANADIAN DOLLAR
Resistance should appear near the 9921 to 9937 and 10021 to 10037 region.
BW Traders can sell at 10017 and hold for lower prices…
Support should appear near 9837 to 9821

SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320

 

 

 

 

 

 

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1609 to 1615.
Support is near 1576 to 1569

 

SEPT COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860
Support should appear near 32700 to 32610  and 32130 to 31940

SEPT SILVER
Resistance should appear near 2758 to 2775
Support is at 2620 to 2612
THE EXCITING ENERGIES

 

SEPTEMBER CRUDE OIL
Resistance should appear near 8856 to 8871 and the 9044 to 9060 region. A close over is friendly and augurs for a test of 9140 to 9156. BW Traders should go long if a close over 9067 occurs. .
Support should appear near 8683 to 8668 and 8589 to 8560

SEPTEMBER HEATING OIL
Support should appear near 28280 to 28200 and 27750 to 27580
Resistance should appear near 28740 to 28830 and 29280 toi 29370

SEPTEMBER UNLEADED GAS
Support should appear near 28280 to 28200 and 27750 to 27580.

Resistance should appear near 28740 to 28830 and 29280 to 29350.

SEPTEMBER NATURAL GAS
Resistance should appear at 3036 to 3045
Support should appear near 2829 to 2820
THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1609 and 1576 to 1569
Resistance should appear near 1642 to 1655 and the 1689 to 1696 region.

DECEMBER SOYMEAL
Resistance should appear near 497.3 to 499.5 and 505.6 to 506.7
Support should appear near 485.6 to 484.5 and 471.7 to 469.5

 

DECEMBER BEAN OIL
Resistance should appear near 5259 to 5282 and 5344 to 5356
Support should appear near 5211 to 5200 and 5139 to 5127 region.  

 

DECEMBER CORN
Support should appear near 777 ¾ to 776 ½
Resistance should appear near 830 to 831 ½


DECEMBER WHEAT
Resistance should appear near 893 ¾ to 896 ½ and 914 to 915 ¾
Support should appear near 858 ¾ to 856 and 840 ¾ to 839 ¼

 

THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near the 12680 to 12740 region.

OCTOBER HOGS

Support should appear near 7837 and 7777 to 7762

Resistance should appear near 7937 to 7957 and 8027 to 8047

DECEMBER HOGS

Support should appear near 7602 to 7587 and 7512 to 7487

Resistance should appear near 7672 to 7687 and 7762 to 7777

THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 16960 to 16890
Resistance should appear near 17740 to 17800

SEPT COCOA
Resistance should appear near the 2411 to 2419 region
Support should appear near 2275 to 2267.

 

OCTOBER SUGAR
Support is at 2185 to 2170 and 2134 to 2126
Resistance should appear near 2219 to 2226 and 2267 to 2275

DECMBER COTTON
Support should appear near 7003 to 6990 and 6919 to 6906
Resistance is 7143 to 7170 and 7328 to 7342.

Stay tuned for Flashes and Updates in all Markets

–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill
wil@futurescom.com
Thursday August 2, 2012
3:30 PM South Florida Beach Time 

 

 

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 INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY 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 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, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE

FuturesCom Morning Comments  Friday August 3, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 2012 All Rights Reserved

wmc: