FuturesCom  Morning Investment Comments  Tuesday October 09, 2012 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2

            “We are what we repeatedly do. Excellence, then, is not an act, but a habit.”-Aristotle-

 Monday October 08, 2012
2:00 PM South Florida Beach Time

 

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 13,615.00 and the 13,770.00 to 13,830.00 region.

 

DECEMBER E-MINI SP500
Resistance should appear near 1453.00 to 1459.00.
Support should appear near 1437.00 and the 1421.00 to 1415.00 region.

NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near 3102.oo to 3092.00 and 3045 to 3036.00.

 

DECEMBER E-MINI NASDAQ 100
Support should appear near the 2775.00 to 2758.00 and the 2724.00 to 2716.00 region.
Resistance should appear near 2820 to 2829.00 and the 2874.00 to 2883.00 region.

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 839.10 to 840.60 and the 848.40 to 849.90 region.
Support should appear near 831.40 to 830.00.Below that a test of 822.30 to 819.40 is likely.

DECEMBER 30 YR BOND
Resistance should appear near 148-21 and 149-09.

Support should appear near 147-21 and 147-07.

DECEMBER 10 YR NOTE
Resistance should appear near the 133-21 to 134-07 region.
Support should appear near 132-07 and 131-21.

 

        THE FRENZIED FOREX FRONT

DECEMBER DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939
BW Traders should go long if a close over 7991 occurs.

DECEMBER JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
BW Traders can sell at 12890 and hold for lower prices.  .

Support should appear near 12740 to 12680.  BW Traders should go short if a close under 12679 occurs.
Stay tuned for flashes
DECEMBER EURO CURRENCY
Support should appear near 12890 and the 12740 to 12680 region.
BW Traders can buy at 12897 and risk 50 points
Resistance should appear near 13040 to 13100.

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

DECEMBER BRITISH POUND
Support should appear near 15922 and the 15760 to 15690 region
Resistance should appear near 16090 to 16150

 

DECEMBER CANADIAN DOLLAR
Resistance should appear near 10228 and the 10320 to10360 region.
BW Traders can sell at 10317 for a trade and risk a close over 10367.
Support should appear near 10185 and 10138 to 10104.

DECEMBER AUSSIE DOLLAR
Resistance should appear near 10237.Beyond that sellers should appear near
10320 to 10360 and cap a rally
Support should appear near 10136 to 10104. BW Traders should go short if a close under 10103 occurs and stay tuned for flashes

 

 

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near the 1780.00 and 1794
Support is near 1774.00 and 1757.0

DECEMBER COPPER
Resistance should appear near 37340 to 37430 and 37950 to 38060.
Support should appear near 36820 to 36630 and 36230 to 36130

DECEMBER SILVER
Resistance should appear near 3425 to 3443 and 3493 to 3503.
Support is at 3386 to 3377, below that a test of 3328 to 3391 is likely.

 

THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Resistance should appear near 9044 to 9060 and 9140 to 9156.
Support should appear near 8934 and 8871 to 8856

NOVEMBER HEATING OIL
Support should appear near 31020 to 30920 and the 30450 to 30360 region.
Resistance should appear near 31940 to 32130, beyond that a test of 32610 to 32700 is likely.

NOVEMBER UNLEADED GAS
Resistance should appear near 29280 to 29370 and 29720 to 29900

Support should appear near 28830 to 28740 and 28290 to 28200

NOVEMBER NATURAL GAS
Resistance should appear at 3425 to 3443 and the 3553 to 3563 region.
Support should appear near 3270 to 3261 and the 3157 to 3148 region.

 

THE GRANDE’ GRAINS

 

JANUARY SOYBEANS
Support should appear near 1535 to 1529 and the 1496 to 1489 region.
BW Traders can buy at 1497 for a bounce and risk 15 cents
Resistance should appear near 1569 to 1576 and the 1609 to 1615 region

DECEMBER SOYMEAL
Resistance should appear near 477.5 to 478.5 and the 484.5 to 485.6 region .
Support should appear near 465.0 to 463.9 458.2 to 457.1

 

DECEMBER BEAN OIL
Resistance should appear near 5200 to 5211 and the 5259 to 5282 region.
Support should appear near 5067 to 5056, a close under is negative and augurs for a test of 4995 to 4973.

 

DECEMBER CORN
Support should appear near 734 ¼ to 742 ¾. Below that buyers should appear near 717 to 714 ¾
Resistance should appear near 758 ¾ to 760 ¼ and 767 ½ to 768 ¾… .

DECEMBER WHEAT
Resistance should appear near 866 ¾ to 868 ½ and 876 ¼ to 877 ¾
Support should appear near 849 ¾ to 848 ½ and  831 ½ to 830.

THE LIVELY LIVESTOCK

 

DECEMBER CATTLE

Support should appear near 12532 and 12380 to 12320
Resistance should appear near 12680 to 12740 and 12890.

 

FEBRUARY CATTLE

Support should appear near 12890 and 12742 to 12677 region

Resistance should appear near 13040 to 13100

 

DECEMBER HOGS

Support should appear near 7687 to 7672 and 7602 to 7587
Resistance should appear near 7762 to 7777 and 7832 to 7867

FEBRUARY HOGS

Support should appear near 8047 to 8027 and the 7957 to 7937 region.

Resistance should appear near 8300 to 8317 and the 8392 to 8407 region.

Stay tuned for Livestock Flashes and Updates.

 

THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16550 to 16420 and the 16150 to 16090 region…
BW Traders can buy at 16175 and hold for higher prices.
Resistance should appear near 16890 to 16960 and the 17310 to 17380 region.

Stay tuned for Flashes and Trade accordingly

DECEMBER COCOA
Resistance should appear near 2411 to 2419 and the 2461 to 2469 region. .
Support should appear near 2370 to 2354 and the 2322 to 2315 region.

MARCH SUGAR
Support is at 2089 to 2080 and the 1996 to1982 region.
Resistance should appear near 2170 to 2185 and the 2219 to 2226 region

DECEMBER COTTON
Support should appear near 7088 to 7074 and 7003 to 6990.
Resistance is near 7328 to 7342 and the 7414 to 7428 region. BW Traders can sell at 7327 and hold for lower prices.
                               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
Monday October 08, 2012
3:00 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 Futures Comments  Tuesday October 09-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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