Sep 102012
 

FuturesCom  Morning Investment Comments  Tuesday September 11, 2012 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2

Monday September 10, 2012
2:00 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 13,220.00 and the 13,100.00 to 13,040.00 region.
Resistance should appear near 13,340.00 to 13,460.00

 

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

NASDAQ COMPOSITE
Resistance should appear near 3148.00 to 3157.00.
Support should appear near 3102.00 to 3092 and the 3045.00 to 3036.00 region.

 

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 2820.00 to 2829.00 and the 2874.00 to 2883.00 region.

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 848.40 to 849.90 and the 848.40 to 849.90 region. .
Support should appear near 831.40 to 830.00, a sustained declined under augurs for a test of 804.40 to 802.90.

DECEMBER 30 YR BOND
Resistance should appear near 149-21. Beyond that a test of 150-07 is likely.

Support should appear near 148-21, below that buyers should appear near 147-21.

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

        THE FRENZIED FOREX FRONT

DECEMBER DOLLAR INDEX

Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029 and 7954 to 7939
BW Traders should go long if a close over 8137 occurs.

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 to 12680
DECEMBER EURO CURRENCY
Support should appear near 12740 to 12680
Resistance should appear near 12890 and the 13040 to 13100 region.

DECEMBER SWISS FRANC
Resistance should appear near 10630 to10680 ands 10820.
Support should appear near 10580 and 10470.

DECEMBER BRITISH POUND
Support should appear near 15922 and 15847
Resistance should appear near the 16090 to 16150 region.

 

DECEMBER CANADIAN DOLLAR
Resistance should appear near 10237 and the 10320 to 10360 region.
Support should appear near 10136 to 10104.

DECEMBER AUSSIE DOLLAR
Resistance should appear near 10320 to 10360 and 10470.
BW Traders can sell at 10317 and hold for lower prices… Initially plan a risk over 10367 for three days in a row.
Support should appear near 10237 and the 10136 to 10104 region
Trade accordingly and Stay tuned for Forex Flashes ….

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1731 to 1738 and 1774.00 to 1780.00
Support is near 1713.5 and 1696 to 1689. BW Traders can buy at 1697 and risk 10.00

DECEMBER COPPER
Resistance should appear near 36820 and the 37340 to 37430 region.
Support should appear near the 36230 to 36120 and the 35630 to 35530 region.

DECEMBER SILVER
Resistance should appear near 3377 to 3386 and the 3425 to 3443 region.
Support is at 3328 to 3319 and the 3270 to 3261 region.
THE EXCITING ENERGIES
NOVEMBER CRUDE OIL
Resistance should appear near 9706 to 9737, a close over is friendly and augurs for a test of
9821 to 9837
Support should appear near 9542 to 9526 and the 9445 to 9429 region.

OCTOBER HEATING OIL
Support should appear near 31020 to 30920 and 30450 to 30360.  BW Traders can buy at 30470
and risk a close under 29700 for three days in a row.
Resistance should appear near 31940 to 32130 and the 32610 to 32700 region. .

OCTOBER UNLEADED GAS
Support should appear near 29900 to 29720 and the 28830 to 28740 region.

Resistance should appear near the 30920 to 31020 region. Beyond that sellers should appear near 31940 to 32190.

NOVEMBER NATURAL GAS
Resistance should appear at 2972 to 2990 and 3036 to 3045
Support should appear near 2937 to 2928 and 2883 to 2874
Stay tuned for Energy Flashes and Updates

 

 

THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1696 to 1689 then 1672 and 1655 to 1642
Resistance should appear near 1731 to 1738 and 1774 to 1780

DECEMBER SOYMEAL
Resistance should appear near 526.1 to 527.0 and 534.4 to 535.6.
Support should appear near 506.7 to 505.6 and the 492.6 to 491.5 region.

 

 

 

DECEMBER BEAN OIL
Resistance should appear near 5716 to 5729 and 5792 to 5805 region.
Support should appear near 5653 to 5640, a close under is negative and augurs for a test of
5577 to 5553.

 

DECEMBER CORN
Support should appear near 777 ¾ to 776 ¼ and 760 ¾ to 759 ¾
Resistance should appear near 793 ¾ to 795 ½ and 802 ¾ to 804 ½

DECEMBER WHEAT
Resistance should appear near 893 ½ to 896 ½ and 904 ½ to 906
Support should appear near 858 ¾ to 856 and 831 ½ to 830

 

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. BW Traders can buy at 12747 and risk a close under 12677 for three days in a row.

Resistance should appear near the13040 to 13100 region.

OCTOBER HOGS

Support should appear near 7172 to 7142 and 7092 to 7072.

Resistance should appear near 7327 to 7342 and 7412 to 7427.

DECEMBER HOGS

Support should appear near 7092 to 7072 and 7007 to 6992.
Resistance should appear near 7142 to 7172 and 7242 to 7257.

BW Traders should go short if a close under 6987 occurs.

FEBRUARY HOGS

Support should appear near 7692 to 7672 region.

Resistance should appear near 7837 to 7867 and the 7937 to 7957 region.

Stay tuned for Livestock Flashes and Updates.

 

 

 

 

 

 

 

THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16960 to 16890 and 16550 to 16420
Resistance should appear near 17740 to 17800 and 18080 to 18220
Stay tuned for Flashes and Trade accordingly


DECEMBER COCOA
Resistance should appear near 2716 to 2724 then 2758 to 2775.  BW Traders can sell at 2757 and risk a close over 2787 for three days in a row.
Support should appear near the 2620 to 2612 region. Below that a test of 2568 to 2552 is likely. BW Traders can buy at 2571 and risk 30 points.

Trade Accordingly.


MARCH SUGAR
Support is at 1953 to 1946 and the 1909 to 1902 region.
Resistance should appear near 2034 to 2042 and the 2080 to 2086. BW Traders can sell at 2077 for a turn lower and risk a close over 2091 for three days in a row.

DECEMBER COTTON
Support should appear near 7513 to 7486 and the 7342 to 7328 region.
Resistance is the 7763 to 7777 region. Beyond that sellers should appear near 7939 to 7954.
BW Traders can sell at 7938 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 September 10, 2012
3:45 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 September 11-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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