FuturesCom  Morning Investment Comments  Tuesday June 12, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2 .  “Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–” Reminiscences of a Stock operator.

Monday June 11, 2012
7:00 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 12,380.00 to 12,320.00 and 12,175.00

Resistance should appear near 12,530.00 and the 12,680.00 to 12,740.00 region.

SEPT E-MINI SP500
Resistance should appear near 1304.00 to 1310.00 and 1322.00.
Support should appear near 1289 and 1274.00 to 1268.00

 

NASDAQ COMPOSITE
Resistance should appear near the 2820.00 to 2829.00 region.
Support should appear near 2775.00 to 2758.00
SEPT E-MINI NASDAQ 100
Support should appear near 2469.00 to 2461.00
Resistance should appear near 2511.00 to 2519.00 and 2535.00

SEPT E-MINI RUSSELL 2000
Resistance should appear near 749.60 to 751.30 and 758.70 to 760.10
Support should appear near 742.80 to 741.40 and 734.20 to 732.80

SEPT 30 YR BOND
Resistance should appear near 150-07 and 150-21

Support should appear near 149-07 and 148-21

SEPT 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
SEPT DOLLAR INDEX
Resistance should appear near 8314 and 8352, beyond that a test of 8391 to 8406 is likely.
Support should appear near 8262 and the 8223 to 8194 region.
SEPT JAPANESE YEN
Resistance should appear near 12680 to12740 and 12890.
Support should appear near 12530 and the 12380 to 12320 region.

 

SEPT EURO CURRENCY
Support should appear near 12455 and the 12380 to 12320 region.
Resistance should appear near 12530 then 12605 and the 12680 to 12740 region.

SEPT SWISS FRANC
Resistance should appear near 10470 and the 10580 to 10680 region.
Support should appear near 10360 to 10320.  BW Traders should go short if a close under 10317 occurs

SEPT BRITISH POUND
Support should appear near 15350 to 15290.
Resistance should appear near 15525 and the 15690 to 15760 region, which should cap a rally.

SEPT CANADIAN DOLLAR
Resistance should appear near 9706 to 9737 then 9779 and the 9821 to 9837 region.
Support should appear near the 9642 to 9625 and 9542 to 9528

SEPT AUSSIE DOLLAR
Resistance should appear near 9821 to 9837 and 9921 to 9937.

Support should appear near 9737 to 9706 and 9641 to 9625.

 

 

 

 

 

 

            THE PRECIOUS METALS

 

AUGUST GOLD
Resistance should appear near 1609 to 1615 and 1629.0
Support is near 1576 to 1569 and 1535 to 1529

JULY COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860.
Support should appear near 32700 to 32610 and the 31570 to 31480 region

JULY SILVER
Resistance should appear near 2874 to 2883 and 2928 to 2937
Support is at 2829 to 2820 and 2775 to 2758.

 

THE EXCITING ENERGIES
AUGUST CRUDE OIL
Resistance should appear near 8194 to 8223 and 8300 to 8314
Support should appear near  8134 to 8119 and 8044 to 8029

JULY HEATING OIL
Support should appear near the 26100 to 26120 and 25680 to 25520

Resistance should appear near 26630 to 26720 and the 27160 to 27240 region.

JULY UNLEADED GAS
Support should appear near 26200 to 26120 and 25680 to 25520

Resistance should appear near the 27160 to 27240 region.

JULY NATURAL GAS
Support should appear at 2185 to 2170 and 2134 to 2126
Resistance should appear near 2219 to 2226 and 2315 to 2322

 

 

THE GRANDE’ GRAINS

 

JULY SOYBEANS
Support should appear near 1421 to 1415 and 1383 to 1377
Resistance should appear near 1453 to 1459 and 1484 to 1496

JULY SOYMEAL
Resistance should appear near  430.4 to 431.5 and 437.0 to 438.1
Support should appear near the 424.9 to 423.8 and 418.3 to 416.3

 

 

 

 

 

JULY BEAN OIL
Support should appear near 4926 to 4915 and 4845 to 4845
Resistance should appear near the 4973 to 4995 and 5056 to 5067 region.

 

 

JULY CORN
Support should appear near 588 to 585 ½ and 555 3/7 to 555 ¼
Resistance should appear near 602 ¼ to 603 ½ and 610 ¼ to 611 ¼
JULY WHEAT
Resistance should appear near 633 ¾ to 635 and the 657 ¾ to 659 region
Support should appear near 603 ½ to 602 ¼ and the 595 ¾ to 594 ½ region

THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11920 and 11822
Resistance should appear near 12030 then12157 and 12237

JULY HOGS
Support should appear near 9237 and the 9157 to 9137 region.
Resistance should appear near 9347 and  9427 to 9445

OCTOBER HOGS

Support should appear near 8222 to 8192 and 8137 to 8117

Resistance should appear near 8302 to 8317 and the 8392 to 8407 region.
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 15350 to 15290 and 14960 to 14840
Resistance should appear near 15690 to 15760 then 16090 to 16150 and the 16420 to 16550 region. BW Traders can sell at 16410 and hold for lower prices.

SEPT COCOA
Resistance should appear near 2219 to 2226 and 2267 to 2275.
BW Traders can sell at 2263 and risk a close over 2377 for three days in a row.
Support should appear near 2134 to 2126 and 2042 to 2034

 

OCTOBER SUGAR
Support is at 1953 to 1946 and 1909 to 1902. BW Traders can buy at 1911 and risk a close under 1857 for three days in a row
Resistance should appear near 2034 to 2042 and the 2080 to 2089 region.

JULY COTTON
Support should appear near 7255 to 7242 and 7170 to 7143
Resistance should appear 7486 to 7513 and 7675 to 7689

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 June 11, 2012
8:15 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 Comments  Tuesday June 12, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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