FuturesCom  Morning Investment Comments  Thursday August 16, 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–

Wednesday August 15, 2012
3:30 PM South Florida Beach Time

THE SENSATIONAL STOCK AND BOND MARKETS

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040 and 12,890.00.

Nearby Resistance should appear near 13,220.00, beyond that 13,340.00 to 13,460.00 should cap any rally.

SEPT E-MINI SP500
Resistance should appear near the 1415.00 to 1421.00 region
Support should appear near 1399.00 and the 1383.00 to 1377 region.

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00.
Support should appear near the 2990.00 to 2972.00.
SEPT E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2758.00 to 2775.00

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 804.40 and 811.90 to 813.40.
Support should appear near the 795.40 to 793.90 and the 777.70 to 776.30 region.

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 133-07 and 133-21.
Support should appear near 132-07 and 131-21

        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 12740 and 12890.
Support should appear near 12605 and 12530

 

SEPT EURO CURRENCY
Support should appear near 12247 and 12175
Resistance should appear near 12320 to12380.

SEPT SWISS FRANC
Resistance should appear near 10320 to 10360.

Support should appear near 10185 and 10135 to 10104

SEPT BRITISH POUND
Support should appear near 15607 and 15525, an extended trade or close under is negative and augurs for a test of the 15350 to 15290 region.
Resistance should appear near 15690 to 15760

SEPT CANADIAN DOLLAR
Resistance should appear near the 10104 to 10136 region.
Support should appear near 10037 to 10021.

SEPT AUSSIE DOLLAR
Resistance should appear near 10525 and the 10580 to 10680 region
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 1609 to 1615 and 1628.5.
Support is near 1591.5 and the 1576 to 1569 region.

SEPT COPPER
Resistance should appear near 33770 to 33860 and 34250 to 34430.
Support should appear near 33280 to 33190 and the 32700 to 32610 region.

SEPT SILVER
Resistance should appear near 2820.0 to 2829.0.
Support is at 2724 to 2716
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near 9526 to 9542 and the 9706 to 9737 region.
Support should appear near 9445 to 9429 and 9347 to 9317.

SEPTEMBER HEATING OIL
Support should appear near 30450 to 30360 and the 29900 to 29730 region
Resistance should appear near 30920 to 31020 and the 31480 to 31570 region

SEPTEMBER UNLEADED GAS
Support should appear near 30450 to 30360 and the 29900 to 29730 region
Resistance should appear near 30920 to 31020 and the 31480 to 31570 region
SEPTEMBER NATURAL GAS
Resistance should appear at 2928 to 2937
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 1642 to 1655.

DECEMBER SOYMEAL
Resistance should appear near 505.6 to 506.7
Support should appear near 485.6 to 484.5

 

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 819 ½ to 822 ¼

DECEMBER WHEAT
Resistance should appear near 885 ¾ to 887 ¼
Support should appear near 840 ¾ to 839 ¾

THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 12607 and 12532
Resistance should appear near 12680 to12740.

DECEMBER CATTLE

Support should appear near 12817 and the 12740 to 12680 region

Resistance should appear near the 12890 and the 13040 to 13100 region

OCTOBER HOGS

Support should appear near 7517 to 7487 and the 7427 to 7412 region

Resistance should appear near 7587 to 7602 and 7672 to 7692

DECEMBER HOGS

Support should appear near 7257 to 7242 and 7172 to 7142

Resistance should appear near 7327 to 7342 and 7412 to 7427

FEBRUARY HOGS
Support should appear near 8047 to 8027 and 7957 to 7952
Resistance should appear near 8117 to 8137 and 8192 to 8222

THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16150 to 16090 andf 15760 to 15690
BW Traders can buy at 16175 and risk a close under 16050 for three days in a row.
Resistance should appear near 16890 to 16960 and 17310 to 17380

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 7088 to 7074 and 7003 to 6990.
Resistance is 7328 to 7342 and the 7486 to 7513 region.

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
Wednesday August 15, 2012
4:40 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 Futures Comments  Thursday August 16-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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