FuturesCom Morning Investment Comments Monday August 6-2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
Sunday August 5, 2012
12:00 Noon South Florida Beach Time
’A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,040.00 and 12,890.00
Resistance should appear near 13,220.00 and the 13,340.00 to 13,460.00 region
SEPT E-MINI SP500
Resistance should appear near 1415.00 to 1421.00
Support should appear near the 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 2972.00 to 2990 and 3036.00 to 3045.00
Support should appear near the 2937.00 to 2928.00 and 2883.00 to 2874.00
SEPT E-MINI NASDAQ 100
Support should appear near 2663.00 and 2620.00 to 2612.00
Resistance should appear near 2672.00 and 2716.00 to 2724.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 793.90 to 795.40 and 802.90 to 804.40
Support should appear near 786.40 to 783.60 and 777.70 to 776.30
SEPT 30 YR BOND
Resistance should appear near 150-07 and 150-21
Support should appear near 148-21 and 147-21
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 8300 to 8314
Support should appear near 8223 to 8194. Below that buyers shoud appear near 8134 to 8119
BW Traders can buy at 8141 and risk a close under 8112 for three days in a row.
SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12680 and 12530
SEPT EURO CURRENCY
Support should appear near 12380 to 12320 and 12247
Resistance should appear near 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 18187
SEPT BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760.
SEPT CANADIAN DOLLAR
Resistance should appear near the 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 10580 to 10680
Support should appear near 10360 to 10320
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1615 then 1628.5 and 1642 to 1655
Support is near 1591.5 and 1576 to 1569
SEPT COPPER
Resistance should appear near 33770 to 33860 and 34250 to 34430
Support should appear near 33280 to 33190 and 32700 to 32610
SEPT SILVER
Resistance should appear near 2820 to 2829
Support is at 2724 to 2716
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Resistance should appear near 9140 to 9156., a close over is friendly and augurs for a test of
the 9316 to 9347 region.
Support should appear near 9060 to 9044 and 8964 to 8934
SEPTEMBER HEATING OIL
Support should appear near 28830 to 28740 and 28280 to 28200
Resistance should appear near 29280 to 29370 and 29720 to 29900
SEPTEMBER UNLEADED GAS
Support should appear near 29280 and 28830 to 28740
Resistance should appear near 29720 to 29900 and 30360 to 30450
SEPTEMBER NATURAL GAS
Resistance should appear at 2972 to 2990
Support should appear near 2775 to 2758
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1515 to 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 5344 to 5356
Support should appear near 5211 to 5200
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 914 to 915 ¾ and 931 ¾ to 934 ¾
Support should appear near 877 ¾ to 876 ¾ and 858 ¾ to 856
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 7342 to 7327
Resistance should appear near 7762 to 7777
DECEMBER HOGS
Support should appear near 7172 to 7142
Resistance should appear near 7587 to 7602
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 2461 to 2469 region
Support should appear near 2322 to 2315.
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 7170 to 7142
Resistance is 7675 to 7689
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 5, 2012
2:00 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 Monday August 6-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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