Sep 192012
 

FuturesCom  Morning Investment Comments  Thursday September 20, 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 20, 2012
5:00 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 13,460.00 to 13,340.00.
Resistance remains appear near the 13,770.00 to 13,830.00 region.

 

DECEMBER E-MINI SP500
Resistance should appear near 1459.00 and the 1484.00 to 1496.00 region
Support should appear near 1437.00 and 1421.00 to 1415.00

NASDAQ COMPOSITE
Resistance should appear near 3194.00 to 3213.00
Support should appear near 3157.00 to 3148.00, below that a test of 3102 to 3092 is likely.

 

DECEMBER E-MINI NASDAQ 100
Support should appear near the 2829.00 to 2820.00 region.
Resistance should appear near 2874.00 to 2883.00 and 2928.00 to 2937.00

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 856.00 to 858.90 and 866.80 to 868.30.
Support should appear near 840.60 to 839.10 and 831.40 to 831.00

DECEMBER 30 YR BOND
Resistance should appear near 146-21 and 147-21

Support should appear near 146-07 and 144-21

DECEMBER 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

DECEMBER DOLLAR INDEX

Resistance should appear near 7939 to 7954
Support should appear near 7864 to 7836

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 to12680 and 12617
DECEMBER EURO CURRENCY
Support should appear near 13040 and 12967.
Resistance should appear near 13100 and 13220

DECEMBER SWISS FRANC
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10757 and 10680 to 10630 then 10580.

DECEMBER BRITISH POUND
Support should appear near 16150 to16090.
Resistance should appear near 16420 to 16550

 

DECEMBER CANADIAN DOLLAR
Resistance should appear near the 10320 to 10360 region.
Support should appear near 10185 and 10138 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 and 1792.00
Support is near 1757 and 1738 to 1731

DECEMBER COPPER
Resistance should appear near 38580 to 38650
Support should appear near 37430 to 37340

DECEMBER SILVER
Resistance should appear near 3553 to 3563 and 3613 to 3623
Support is at 3443 to 3425 and 3386 to 3377
THE EXCITING ENERGIES
NOVEMBER CRUDE OIL
Resistance should appear near 9316 to 9347
Support should appear near 9060 to 9044

OCTOBER HEATING OIL
Support should appear near 29900 to 29720
Resistance should appear near 30920 to 31020

OCTOBER UNLEADED GAS
Support should appear near 27750 to 27580

Resistance should appear near 28740 to 28830.

NOVEMBER NATURAL GAS
Resistance should appear at 2972 to 299 and 3092 to 3102
Support should appear near 2883 to 2874 and 2829 to 2820
Stay tuned for Energy Flashes and Updates

 

 

THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1655 to 1642.
Resistance should appear near 1689 to 1696.

DECEMBER SOYMEAL
Resistance should appear near 505.6 to 506.7 and 512.7 to 513.9
Support should appear near 492.6 to 491.5 and 485.6 to 484.5

 

DECEMBER BEAN OIL
Resistance should appear near 5640 to 5653 and 5716 to 5729
Support should appear near 5577 to 5553 and 5504 to 5492.

 

DECEMBER CORN
Support should appear near 742 ¾ to 741 ¾ and 734 ¼ to 742 ¾
Resistance should appear near 758 ¾ to 760 ¼ and 767 ½ to 768 ¾

DECEMBER WHEAT
Resistance should appear near 885 ¾ to 887 ¼ and 904 ½ to 906
Support should appear near 868 ½ to 866 ¾ and 849 ¾ to 848 ½

THE LIVELY LIVESTOCK

 

OCTOBER CATTLE
Support should appear near 12530 and 12380 to 12320
Resistance should appear near 12680 to 12740

DECEMBER CATTLE

Support should appear near  12890 and 12740 to 12680
BW Traders can buy at 12747, risk a close under 12677 for three days in a row.

Resistance should appear near 13040 to 13100

OCTOBER HOGS

Support should appear near 7432 to 7412

Resistance should appear near 7587 to 7602

DECEMBER HOGS

Support should appear near 7432 to 7412
Resistance should appear near 7587 to 7602

FEBRUARY HOGS

Support should appear near 7957 to 7937

Resistance should appear near 8117 to 8137

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16960 to 16890
Resistance should appear near 17740 to 17800
Stay tuned for Flashes and Trade accordingly


DECEMBER COCOA
Resistance
should appear near 2612 to 2620 and 2663 to 2672
Support should appear near 2519 to 2511 and 2469 to 2461
Trade Accordingly.

 

 

 

 

MARCH SUGAR
Support is at 1953 to 1946
Resistance should appear near 2034 to 2042

DECEMBER COTTON
Support should appear near 7342 to 7328
Resistance is near 7763 to 7777
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 19, 2012
6:15 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 20-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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