FuturesCom Morning Investment Comments Tuesday September 04, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
Observation, Experience, memory and mathematics–These are what a successful trader must depend on. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory. -Reminiscences of a Stock operator-
Sunday September 02, 2012
4:00 AM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region
Resistance should appear near 13,100.00 and 13,220.00.
SEPT E-MINI SP500
Resistance should appear near the 1415.00 to 1421.00 region.
Support should appear near 1399.00, below that a test of the 1383.00 to 1377 region is likely.
NASDAQ COMPOSITE
Resistance should appear near 3068.50 and the 3092.00 to 3102.00 region.
Support should appear near 3045.00 to 3036.00, below buyers should appear near
2990.00 to 2972.00.
SEPT E-MINI NASDAQ 100
Support should appear near the 2758.00 and the 2724.00 to 2716.00 region.
Resistance should appear near 2775.00 and 2797.50. Beyond that Sellers should appear near
2820.00 to 2829.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 811.90 to 813.40 and the 819.40 to 822.30 region.
Support should appear near 804.40 to 802.80 and the 7985.40 to 793.90 region.
DECEMBER 30 YR BOND
Resistance should appear near 152-07 and 152-21
Support should appear near 151-07 and 150-21
DECEMBER 10 YR NOTE
Resistance should appear near 134-07 and 134-21
Support should appear near 133-21 and 133-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8134.00 and the 8194 to 8223 region.
Support should appear near 8119 then 8081and the 8044 to 8029 region.
SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12740 to 12680 and 12617
SEPT EURO CURRENCY
Support should appear near 12530 and 12457
Resistance should appear near 12615 and the 12680 to 12740 region,
which should cap a rally
SEPT SWISS FRANC
Resistance should appear near the 10580 to 10680 region
Support should appear near the 10360 to 10320 region.
SEPT BRITISH POUND
Support should appear near 15760 to 15690.
Resistance should appear near 15922 and the 16090 to 16150 region
SEPT CANADIAN DOLLAR
Resistance should appear near 10185 and 10237
Support should appear near the 10136 to 10104.
SEPT AUSSIE DOLLAR
Resistance should appear near 10320 to 10360
Support should appear near 10237 then 10187 and the 10136 to 10104 region
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1689 to 1696 and the 1731.0 to 1738.0 region.
Support is near 1655 to 1642
DECEMBER COPPER
Resistance should appear near 34930 to 35030 and 35530 to 35630.
Support should appear near the 34430 to 34250 and 33860 to 33770.
DECEMBER SILVER
Resistance should appear near 3148 to 3157 and 3194 to 3213
Support is at 3102 to 3092 and 3045 to 3038 region
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near 9706 top 9737. Beyond that a trade towards the 9821 to 9837 region and 9921 to 9937 is likely
Support should appear near the 9641 to 9625 and 9542 to 9526.
OCTOBER HEATING OIL
Support should appear near 31570 to 31480 and 31020 to 30920.
Resistance should appear near 31940 to 32130 and 32610 to 32700.
OCTOBER UNLEADED GAS
Support should appear near 29370 to 29280 and 28830 to 28740.
Resistance should appear near 30360 to 30450 and the 30920 to 31020 region
OCTOBER NATURAL GAS
Resistance should appear at 2820 to 2829 and 2874 to 2883
Support should appear near 2775 to 2758 and 2672 to 2663
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1738 to 1731.
Resistance should appear near 1774 to 1780
DECEMBER SOYMEAL
Resistance should appear near 541.8 to 543.0.
Support should appear near 528.2 to 525.9
DECEMBER BEAN OIL
Resistance should appear near 5792 to 5805
Support should appear near 5653 to 5640.
DECEMBER CORN
Support should appear near 795 ½ to 793 ¾ and the 777 ¾ to 776 ¼ region
Resistance should appear near 802 ¾ to 804 ½ and 819 ½ to 822 ¼
DECEMBER WHEAT
Resistance should appear near 904 ½ to 906 and 931 ¾ to 934 ¾
Support should appear near 887 ¼ to 885 ¾ and 858 ¾ to 856
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12532 and 12380 to 12320
Resistance should appear near 12680 to 12740
DECEMBER CATTLE
Support should appear near 12740 to 12680.
Resistance should appear near 13040 to 13100
OCTOBER HOGS
Support should appear near 7342 to 7327 and 7257 to 7242
Resistance should appear near 7487 to 7512 and the 7587 to 7602 region… BW Traders can sell at 7487 and hold for lower prices. Risk a close over 7617 for three days in a row. .
DECEMBER HOGS
Support should appear near 7172 to 7142 and 7092 to 7072
Resistance should appear near 7242 to 7257 and the 7327 to 7342 region.
FEBRUARY HOGS
Support should appear 7957 to 7932 and the 7867 to 7837.
Resistance should appear near the 8117 to 8137 and the 8192 to 8222 region
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16150 to 16090… BW Traders can buy at 16175 and risk a close under 16050 for three days in a row.
Resistance should appear near 16550 and 16890 to 16960
DECEMBER COCOA
Resistance should appear near 2663 to 2672
Support should appear near 2568 to 2552
OCTOBER SUGAR
Support is at 1953 to 1946 and the 1909 to 1902 region. .
Resistance should appear near 2034 to 2042 and the 2080 to 2089. BW Traders can sell at 2077 and hold for lower prices.
DECEMBER COTTON
Support should appear near 7601 to 7587 and 7513 to 7486
Resistance is at 7763 to 7777 and 7836 to 7864
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
Sunday September 02, 2012
5:45 AM 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 September 04-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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