FuturesCom  Morning Investment Comments  Tuesday June 19, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2

Courage in a Speculator is merely confidence to act on the decision of his mind.

Monday June 18, 2012
12:00 Noon South Florida Beach Time

                                  THE SENSATIONAL STOCK AND BOND MARKETS 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 12,680.00 and the 12,380.00 to 12,320.00 region.

Resistance should appear near 12,890.00 and the 13,040.00 to 13,100.00 region.

SEPT E-MINI SP500
Resistance should appear near 1346.00 and the 1377.00 to 1383.00 region
Support should appear near 1334.00 then 1322.00 and the 1310.00 to 1304.00 region
NASDAQ COMPOSITE
Resistance should appear near the 2928.00 to 2937.00 region.

Support should appear near the 2829.00 to 2820
SEPT E-MINI NASDAQ 100
Support should appear near the 2568.00 to 2552.00.
Resistance should appear near 2612.00 to 2629.00.

SEPT E-MINI RUSSELL 2000
Resistance should appear near 776.30 to 777.70 and the 783.60 to 786.40 region.
Support should appear near the 760.10 to 759.70 and the 751.30 to 748.60 region.

SEPT 30 YR BOND
Resistance should appear near 150-07 and 151-07.

Support should appear near 149-07 and 148-21

SEPT 10 YR NOTE
Resistance should appear near 134-21 and 135-07.
Support should appear near 133-21.  Below that buyers should appear near 133-07

 

        THE FRENZIED FOREX FRONT

 

 

SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314 and 8391 to 8406.
Support should appear near 8194 and 8134 to 8119
SEPT JAPANESE YEN
Resistance should appear near 12680 and 12890
Support should appear near 12530 and the 12380 to 12320 region.

 

SEPT EURO CURRENCY
Support should appear near 12530 and the 12380 to 12320 region.
Resistance should appear near 12680 to 12740 and 12890.

SEPT SWISS FRANC
Resistance should appear near 10580 to 10680

Support should appear near 10470 then 10360 to 10320 and 10135 to 10104

SEPT BRITISH POUND
Support should appear near 16007 then 15525 and 15350 to 15290.
Resistance should appear near 15690 to15760

 

SEPT CANADIAN DOLLAR
Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706, below that a slip towards 9641 to 9625 is likely and should hold.

SEPT AUSSIE DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 9937 to 9921

Stay tuned for Flashes ….
            THE PRECIOUS METALS

 

AUGUST GOLD
Resistance should appear near the1642 to 1655 region.
Support is near 1615 to 1609 and 1592

SEPT COPPER
Resistance should appear near 34430 to 3425 region, beyond that sellers should appear near
34930 to 35030
Support should appear near 33280 to 33190 and 32700 to 32610

SEPT SILVER
Resistance should appear near 2928 to 2937 region.
Support is at 2829 to 2820.

 

THE EXCITING ENERGIES

 

AUGUST CRUDE OIL
Resistance should appear near 8484 to 8499 and 8560 to 8589.
Support should appear near 8314 to 8300 and 8223 to 8194.

AUGUST 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.

AUGUST UNLEADED GAS
Support should appear near 25680 to 25520 and the 25190 to 25110 region…BW Traders can buy at 25200 and risk a close under 24600 for three days in a row…

Resistance should appear near 26630 to 26720 and 27160 to 27240

AUGUST NATURAL GAS
Support should appear at 2469 to 2461 and 2322 to 2315.
Resistance should appear near 2672 to 2663 and 2716 to 2724

 

 

 

 

 

 

 

 

 

 

 

THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1310 to 1304 and the 1274 to 1268 region.
Resistance should appear near 1346 and the 1377 to 1383 region.
BW Traders can sell at 1376 and hold for lower prices… Risk a close over 1387 for three days in a row.

DECEMBER SOYMEAL
Resistance should appear near 404.6 to 405.6 and 411.0 to 412.2. BW Traders can Sell at 404.5 and risk a close over 413.0 for three days in a row.
Support should appear near 386.7 to 385.8 and 380.6 to 379.5

DECEMBER BEAN OIL
Support should appear near 4856 to 4845
Resistance should appear near 4973 to 4995 and the 5056 to 5067 region.

 

DECEMBER CORN
Support should appear near 521 ¼ to 520 and 513 ¾ to 512 ¾
Resistance should appear near 541 ¾ to 543 and 555 ½ to 557 ¾
BW Traders can sell at 540 ¾ and risk a close over 551 for three days in a row.
DECEMBER WHEAT
Resistance should appear near 674 ¼ to 675 ½ region.
Beyond that sellers should appear near 680 ¾ to 683 ¾
Support should appear near 659 ¼ to 657 ¾ and 635 to 633 ¾

Stay tuned for Grain Flashes

 

 

 

THE LIVELY LIVESTOCK

 

AUGUST CATTLE
Support should appear near 11690 to 11640 and 11537
Resistance should appear near 11817… Beyond that sellers should appear near
11920 to 12030.

AUGUST HOGS
Support should appear near 9237 and 9157 to 9142
Resistance should appear near 9347 and 9427 to 9442

OCTOBER HOGS

Support should appear near 8192 and 8137 to 8117

Resistance should appear near 8300 to 8317

 

THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near the 14960 to 14840 and the 14590 to 14530 region.
Resistance should appear near 15290 to 15350 and 15690 to 15760…BW Traders can sell at 15680 and hold for lower prices.

SEPT COCOA
Resistance should appear near 2219 to 2226 and 2267 to 2275
Support should appear near 2134 to 2128 and 2089 to 2080.

 

OCTOBER SUGAR
Support is at 1909 to 1902 and the 1865 to 1848 region.  BW Traders can buy at 1954 and risk a close under 1899 for three days in a row
Resistance should appear near the 2034 to 2042 region. Beyond that sellers should appear near 2080 to 2089.

DECMBER COTTON
Support should appear near 7088 to 7074 and 7003 to 6990

Resistance is 7328 to 7342 and 7486 to 7513

–A Ship in Harbor is Safe…But that is not what ships are built for —

Happy Trading!
Bill wil@futurescom.com
Monday June 18, 2012
1:30 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 Comments  Tuesday June 19, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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