FuturesCom Morning Investment Comments Monday August 20, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
“The hardest thing to understand in the world is the income tax.”
— Albert Einstein–
Sunday August 19, 2012
5:00 AM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,220.00 and 13,100.00 to 13,040.
Resistance should appear near 13,340.00 to 13,460.00.
SEPT E-MINI SP500
Resistance should appear near 1421.00 and 1437.00
Support should appear near 1415.00 and 1399.00.
NASDAQ COMPOSITE
Resistance should appear near 3092 to 3102.
Support should appear near the 3045 to 3036
SEPT E-MINI NASDAQ 100
Support should appear near 2775.00 to 2758.00.
Resistance should appear near 2820.00 to 2829.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 819.40 to 822.30 and 830.00 to 831.40. Support should appear near the 813.40 to 811.90 and 804.40 to 802.90
SEPT 30 YR BOND
Resistance should appear near 146-07 and 146-21
Support should appear near 145-07 and 144-21
SEPT 10 YR NOTE
Resistance should appear near 132-21 and 133-07.
Support should appear near 131-21 and 130-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314.
Support should appear near 8223 to 8194 and the 8134 to 8119 region.
BW Traders can buy at 8167 and risk a close under 8112 for three days in a row.
SEPT JAPANESE YEN
Resistance should appear near 12680 to12740.
Support should appear near 12530 and 12380 to 12320
SEPT EURO CURRENCY
Support should appear near 12320 and 12247
Resistance should appear near 12380 then 12455 and 12530
BW Traders can sell at 12521 and hold for lower prices.
SEPT SWISS FRANC
Resistance should appear near 10320 to 10360.
Support should appear near 10237 and 10185
SEPT BRITISH POUND
Support should appear near 15607 and 15525
Resistance should appear near 15760 and 15847
SEPT CANADIAN DOLLAR
Resistance should appear near 10136 and 10185.
Support should appear near 10104 and 10037 to 10021.
SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10525
Support should appear near the 10360 to 10320 region.
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1628.5 and 1642 to 1655
Support is near 1615 to 1609
SEPT COPPER
Resistance should appear near 34250 to 34430 and 349.30,to 350.30
Support should appear near 33860 to 33770 and 33280 to 33190
SEPT SILVER
Resistance should appear near 2874.0 to 2883.
Support is at 2775 to 2758
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near the 9706 to 9737 region.
Support should appear near 9542 to 9526
SEPTEMBER HEATING OIL
Support should appear near 30920 and 30450 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130
SEPTEMBER UNLEADED GAS
Support should appear near 29900 to 29730 region
Resistance should appear near the 30920 to 31020 region
SEPTEMBER NATURAL GAS
Resistance should appear at 2820 to 2829
Support should appear near 2672 to 2663.
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near the 1576 to 1569 region.
Resistance should appear near 1689 to 1696 .
DECEMBER SOYMEAL
Resistance should appear near 525.9 to 528.2
Support should appear near 471.7 to 469.5
DECEMBER BEAN OIL
Resistance should appear near 5492 to 5504
Support should appear near the 5282 to 5259.
DECEMBER CORN
Support should appear near 777 ¾ to 776 ¼
Resistance should appear near 839 1.4 toi 840 ¾
DECEMBER WHEAT
Resistance should appear near 931 ¾ to 934 ¾
Support should appear near 858 ¾ to 856
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near 12680 to12740.
DECEMBER CATTLE
Support should appear near the 12740 to 12680 region.
Resistance should appear near 12890 and the 13040 to 13100 region
OCTOBER HOGS
Support should appear near 7602 to 7587 and 7517 to 7487
Resistance should appear near 7672 to 7692 and 7762 to 7777
DECEMBER HOGS
Support should appear near 7342 to 7327 and 7257 to 7242
Resistance should appear near 7412 to 7427 and 7487 to 7512
FEBRUARY HOGS
Support should appear near 8047 to 8027 and 7957 to 7952
Resistance should appear near 8137 and 8192 to 8222
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16150 to 16090 and 15760 to 15690
Resistance should appear near 16420 to 16550 and 16890 to 16960
DECEMBER COCOA
Resistance should appear near 2511 to 2519
Support should appear near 2370 to 2354.
OCTOBER SUGAR
Support is at 1996 to 1982.
Resistance should appear near 2080 to 2089.
DECEMBER COTTON
Support should appear near 7255 to 7242 and 7088 to 7074 .
Resistance is 7486 to 7513and 7587 to 7602
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
Sunday August 19, 2012
7:30 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 Futures Comments Monday August 20-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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