FuturesCom Morning Investment Comments Friday June 15, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 . “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
Friday June 15, 2012
6:00 AM South Florida Beach Time
Stay tuned for updates and flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 12,380.00 to 12,320.00 region.
Resistance should appear near the 12,680.00 to 12,740.00 region.
SEPT E-MINI SP500
Resistance should appear near 1334.00 to 1346.00
Support should appear near 1310.00 to 1304.00
NASDAQ COMPOSITE
Resistance should appear near 2874.00 to 2883.00.
Support should appear near 2775.00 to 2758.00
SEPT E-MINI NASDAQ 100
Support should appear near 2519.00 to 2511.00 and 2469.00 to 2461.00
Resistance should appear near 2552.00 to 2568.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 767.50 to 768.90
Support should appear near 751.30 to 748.60
SEPT 30 YR BOND
Resistance should appear near 149-21 and 150-07
Support should appear near 148-21 and 148-07
SEPT 10 YR NOTE
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-07 and 132-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314.
Support should appear near the 8194 and 8134n to 8119
SEPT JAPANESE YEN
Resistance should appear near 12740 and 12890
Support should appear near 12680 and 12530.
SEPT EURO CURRENCY
Support should appear near he 12380 to 12320 region.
Resistance should appear near the 12680 to 12740 region.
SEPT SWISS FRANC
Resistance should appear near the 10580 to 10680 region.
Support should appear near 10360 to 10320. BW Traders should go short if a close under 10317 occurs
SEPT BRITISH POUND
Support should appear near 15525 and 15350 to 15290.
Resistance should appear near the 15690 to 15760 region, which should cap a rally.
SEPT CANADIAN DOLLAR
Resistance should appear near the 9821 to 9837 region.
Support should appear near 9737 to 9706 and 9642 to 9625
SEPT AUSSIE DOLLAR
Resistance should appear near 10021 to 10037
Support should appear near 9837 to 9821
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1629.0 and 1642 to 1655
Support is near 1615 to1609
JULY COPPER
Resistance should appear near 34250 to 34430
Support should appear near 33280 to 33190
JULY SILVER
Resistance should appear near 2928 to 2937
Support is at 2829 to 2820.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 8484 to 8499 and 8560 to 8589
Support should appear near 8223 to 8194 and 8134 to 8119
JULY HEATING OIL
Support should appear near 25680 to 25520
Resistance should appear near 26630 to 26720 .
JULY UNLEADED GAS
Support should appear near 26200 to 26120 and 25680 to 25520
Resistance should appear near the 27160 to 27240 region.
JULY NATURAL GAS
Support should appear at 2370 to 2354
Resistance should appear near 2663 to 2672
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1383 to 1377
Resistance should appear near 1415 to 1421
JULY SOYMEAL
Resistance should appear near 423.8 to 424.9 and 430.4 to 431.5
Support should appear near the 418.3 to 416.3 and 412.0 to 411.0
JULY BEAN OIL
Support should appear near 4785 to 4775
Resistance should appear near the 4915 to 4926
JULY CORN
Support should appear near 588 to 585 ½
Resistance should appear near 616 ½ to 618
JULY WHEAT
Resistance should appear near 633 ¾ to 635 and the 657 ¾ to 659 region
Support should appear near 603 ½ to 602 ¼ and the 595 ¾ to 594 ½ region
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11690 to 11640 and 11530
Resistance should appear near 11822 and 11920 to 12030
AUGUST HOGS
Support should appear near 9157 to 9137
Resistance should appear near 9317 to 9347
OCTOBER HOGS
Support should appear near 8137 to 8117
Resistance should appear near 8300 to 8317.
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 14960 to 14840
Resistance should appear near 15690 to 15760 then 16090 to 16150 and the 16420 to 16550 region. BW Traders can sell at 16410 and hold for lower prices.
SEPT COCOA
Resistance should appear near 2267 to 2275 and 2315 to 2322
Support should appear near 2134 to 2126 and 2042 to 2034
OCTOBER SUGAR
Support is at 1953 to 1946 and 1909 to 1902. BW Traders can buy at 1911 and risk a close under 1857 for three days in a row
Resistance should appear near 1982 to 1996 and 2034 to 2042.
JULY COTTON
Support should appear near 7513 to 7486
Resistance should appear 8300 to 8315
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
Friday June 15, 2012
7:35 AM 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 June 15, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
FuturesCom Investment Publications 1- 772-236-9294 Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 2012 All Rights Reserved.