Sep 122012
 

FuturesCom  Morning Investment Comments  Thursday September 13, 2012 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2

Wednesday September 12, 2012
4:30 PM South Florida Beach Time

 

“A bank is a place that will lend you money if you can prove that you don’t need it. “- Bob Hope

Stay tuned for Flashes and Updates in all Markets.


THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,220.00 and the 13,100.00 to 13,040.00 region.
Resistance remains appear near the 13,340.00 to 13,460.00 region.

 

DECEMBER E-MINI SP500
Resistance should appear near the 1453.00 to 1459.00 region. .
Support should appear near 1421.00 to 1415.00.

NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near the 3102 to 3092.

 

DECEMBER E-MINI NASDAQ 100
Support should appear near the 2775.00 to 2758.00 region.
Resistance should appear near 2820.00 to 2829.00.

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 848.40 to 849.90.
Support should appear near 831.40 to 830.00.

DECEMBER 30 YR BOND
Resistance should appear near 148-07 and 148-21.

Support should appear near 146-21and 146-07.

DECEMBER 10 YR NOTE
Resistance should appear near 132-21 and 133-07.
Support should appear near 131-21 and 13-07

        THE FRENZIED FOREX FRONT

DECEMBER DOLLAR INDEX

Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939

DECEMBER JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region, Aggressive
BW Traders can sell at 13030 and risk a close over 13110.

Support should appear near 12740 to 12680
DECEMBER EURO CURRENCY
Support should appear near 12890 and 12815
Resistance should appear near 12965 and the 13040 to 13100 region.

DECEMBER SWISS FRANC
Resistance should appear near 10747 and 10820.
Support should appear near 10680 to 10630 and 10580.

DECEMBER BRITISH POUND
Support should appear near 16017 and 15922
Resistance should appear near the 16090 to 16150 region.

 

DECEMBER CANADIAN DOLLAR
Resistance should appear near the 10320 to 10360 region.
Support should appear near 10136 to 10104.

DECEMBER AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to10320.
Trade accordingly and Stay tuned for Forex Flashes ….

 

 

 

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1774.00 to 1780.00.
Support is near 1731 then 1713.5 and 1696 to 1689.  BW Traders can buy at 1697 and risk 10.00

DECEMBER COPPER
Resistance should appear near the 37340 to 37430 region.
Support should appear near the 36230 to 36120 region.

DECEMBER SILVER
Resistance should appear near 3377 to 3386 and the 3425 to 3443 region.
Support is at 3270 to 3261and 3213 to 3194
THE EXCITING ENERGIES
NOVEMBER CRUDE OIL
Resistance should appear near 9821 to 9837 and 9921 to 9937
Support should appear near 9651 to 9625 and 9542 to 9526.

OCTOBER HEATING OIL
Support should appear near 31940 and 31570 to 31480
Resistance should appear near 32610 to 32700 and 33190 to 33280.

OCTOBER UNLEADED GAS
Support should appear near 29720 and the 28830 to 28740 region.

Resistance should appear near the 30920 to 31020 region. Beyond that sellers should appear near 31940 to 32190.

NOVEMBER NATURAL GAS
Resistance should appear at 3261 to 3270
Support should appear near 3157 to 3148
Stay tuned for Energy Flashes and Updates

 

 

THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1696 to 1689
Resistance should appear near 1774 to 1780

DECEMBER SOYMEAL
Resistance should appear near 541.8 to 543
Support should appear near 521.1 to 520.0.

 

 

 

DECEMBER BEAN OIL
Resistance should appear near 5716 to 5729.
Support should appear near 5577 to 5553

 

DECEMBER CORN
Support should appear near 760 ¾ to 759 ¾  and 751 ¼ to 748 ¾
Resistance should appear near 783 ¾ to 786 ½ and 793 ¾ to 795 ½

DECEMBER WHEAT
Resistance should appear near 893 ½ to 896 ½ and 904 ½ to 906
Support should appear near 858 ¾ to 856 and 831 ½ to 830

THE LIVELY LIVESTOCK

 

OCTOBER CATTLE
Support should appear near 12740 to 12680
Resistance should appear near 13040 to 13100

DECEMBER CATTLE

Support should appear near 13100 to 13040

Resistance should appear near the 13340 to 13460 region

OCTOBER HOGS

Support should appear near 7172 to 7142 and 7092 to 7072.

Resistance should appear near 7327 to 7342 and 7412 to 7427.

DECEMBER HOGS

Support should appear near 7092 to 7072.
Resistance should appear near 7242 to 7257.

FEBRUARY HOGS

Support should appear near 7687 to 7672 and 7602 to 7587

Resistance should appear near 7762 to 7777 and 7837 to 7867

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 17380 to 17310
Resistance should appear near 18080 to 18220
Stay tuned for Flashes and Trade accordingly


DECEMBER COCOA
Resistance should appear near 2716 to 2724 then 2758 to 2775.  BW Traders can sell at 2757 and risk a close over 2787 for three days in a row.
Support should appear near the 2620 to 2612 region. Below that a test of 2568 to 2552 is likely. BW Traders can buy at 2571 and risk 30 points.   Trade Accordingly.


MARCH SUGAR
Support is at 1953 to 1946 and the 1909 to 1902 region.
Resistance should appear near the 2080 to 2086. BW Traders can sell at 2077 for a turn lower and risk a close over 2091 for three days in a row.

DECEMBER COTTON
Support should appear near 7170 to 7143 and 7003 to 6990.
Resistance is near 7414 to 7428 and 7486 to 7513
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 September 12, 2012
6:30 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 September 13-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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