FuturesCom  Morning Investment Comments  Thursday May 24, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2 . “Courage is fear holding on a minute longer’’ – General George Patton

Wednesday May 23, 2012
1:30 PM 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 12,320.00 and 12,030.00 ro 11,920.00

Resistance should appear near 12,380.00 and 12,530.00.

JUNE E-MINI SP500
Resistance should appear near 1304.00 to 1310.00 and 1322.00. .
Support should appear near the 1274.00 to 1268.00 region
NASDAQ COMPOSITE
Resistance should appear near 2820.00 to 2829.00 and the 2874.00 to 2883.00 region.

Support should appear near 2775.00 to 2758.00 and the 2724.00 to 2716.00 region
JUNE E-MINI NASDAQ 100
Support should appear near 2469 to 2461.
Resistance should appear near the 2552.00 to 2568.00 region.

 

 

JUNE E-MINI RUSSELL 2000
Resistance should appear near 759.70 to 760.10 and 767.50 to 768.90
Support should appear near the 742.80 to 741.40 and the 733.20 to 732.80 region.

JUNE 30 YR BOND
Resistance should appear near 149-07 and 149-21.

Support should appear near 147-21 and 147-07

JUNE 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

 

JUNE DOLLAR INDEX
Resistance should appear near 8300 to 8314 and 8391 to 8406
Support should appear near 8223 to 8194 and 8134 to 8119

JUNE JAPANESE YEN
Resistance should appear near the 12680 to 12740 region.

Support should appear near the 12380 to 12320 region. .

 

JUNE EURO CURRENCY
Support should appear near 12530 and the 12380 to 12320 region.
Resistance should appear near 12680 to 12740.

JUNE SWISS FRANC
Resistance should appear near 10580 to 10680.
Support should appear near the 10360 to 10320 region.

JUNE BRITISH POUND
Support should appear near 15525 and the 15350 to 15290 region
Resistance should appear near  15690 to 15760 and 15925, which should cap a rally. BW Traders can sell at 15917 and initially plan on a risk if close over 15932 occurs for three days in a row.

JUNE CANADIAN DOLLAR
Resistance should appear near 9821 to 9837 and the 9921 to 9937 region.
Support should appear near 9737 to 9706 and 9641 to 9625

JUNE AUSSIE DOLLAR
Resistance should appear near the 9706 to 9737 and 9821 to 9837.

Support should appear near 9641 to 9625 and 9542 to 9526

 

 

 

 

 

            THE PRECIOUS METALS

 

AUGUST GOLD
Resistance should appear near 1569 to 1576 and 1591
Support is near 1535 to 1529 and 1496 to 1485

JULY COPPER
Resistance should appear near 34250 to 34430 and 34930 to 35030
Support should appear near 33860 to 33770 and 32700 to 32610.

JULY SILVER
Resistance should appear near 2758 to 2775 and 2820 to 2829.
Support is at the 2724 to 2716 and 2620 to 2612.

 

THE EXCITING ENERGIES
JULY CRUDE OIL
Resistance should appear near 9044 to 9060 and 9150 to 9156
Support should appear near 8964 to 8934 and 8871 to 8856
JULY HEATING OIL
Support should appear near the 27240 to 27160 region.

Resistance should appear near 28740 to 28830
JULY UNLEADED GAS
Support should appear near the 27750 to 27580 region.

Resistance should appear near the 29280 to 29370.

JULY NATURAL GAS
Resistance should appear at 2820 to 2829
Support should appear near 2568 to 2552

THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1346 to 1334.
Resistance should appear near 1377 to 1383

JULY SOYMEAL
Resistance should appear near 411.0 to 412.0

Support should appear near the 399.2 to 398.2 region.

 

JULY BEAN OIL
Support should appear near 4856 to 4845 and 4785 to 4775
Resistance should appear near 4915 to 4926 and 4973 to 4995.

 

JULY CORN
Support should appear near 595 ¾ to 594 ½ and 580 ½ to 579 ¼
Resistance should appear near 616 ½ to 619 and 633 ¾ to 635
JULY WHEAT
Resistance should appear near 690 ¾ to 691 ¾
Support should appear near 635 to 633 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE

Support should appear near 11920 and 11817

Resistance should appear near 12030 and 12157

JULY HOGS
Support should appear near 8502 to 8482 and 8407 to 8392.
Resistance should appear near 8567 to 8587 and 8667 to 8682

OCTOBER HOGS

Support should appear near 7867 to 7837

Resistance should appear near 8027 to 8047

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near the 16550 to 16420 and 16150 to 16090.
Resistance should appear near 16890 to 16960 and 17310 to 17380

JULY COCOA
Resistance should appear near the 2126 to 2134 and 2219 to 2226.
Support should appear near 2089 to 2080 and 2042 to 2034

 

JULY SUGAR
Support is at 1909 to 1902 and 1865 to 1858
Resistance should appear near  1982 to 1996 and 2034 to 2042 .

JULY COTTON
Support should appear near 7003 to 6990
Resistance should appear 7576 to 7601 .

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 May 23, 2012
2:30 PM  South Florida Beach Time 
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FuturesCom Morning Comments  Thursday May 24, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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