FuturesCom Morning Investment Comments Tuesday September 18, 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 17, 2012
3:00 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 13,460.00 to 13,340.00.
Resistance remains appear near the 13,770.00 to 13,830.00 region.
DECEMBER E-MINI SP500
Resistance should appear near 1459.00 and the 1484.00 to 1496.00 region
Support should appear near 1437.00 and 1421.00 to 1415.00
NASDAQ COMPOSITE
Resistance should appear near 3194.00 to 3213.00
Support should appear near 3157.00 to 3148.00, below that a test of 3102 to 3092 is likely.
DECEMBER E-MINI NASDAQ 100
Support should appear near the 2829.00 to 2820.00 region.
Resistance should appear near 2874.00 to 2883.00 and 2928.00 to 2937.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 856.00 to 858.90 and 866.80 to 868.30.
Support should appear near 849.90 to 848.40 and 840.60 to 839.10
DECEMBER 30 YR BOND
Resistance should appear near 146-07 and 146-21
Support should appear near 144-21 and 143-21
DECEMBER 10 YR NOTE
Resistance should appear near 132-07 and 132-21
Support should appear near 131-07 and 130-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 7939 to 7954
Support should appear near 7864 to 7836
DECEMBER JAPANESE YEN
Resistance should appear near the 13040 to 13100 region, Aggressive
BW Traders can sell at 13030 and risk a close over 13110.
Support should appear near 12680 and 12617
DECEMBER EURO CURRENCY
Support should appear near 13100 to 13040
Resistance should appear near 13220 and the 13340 to 13460 region
DECEMBER SWISS FRANC
Resistance should appear near 10820 and 10960 to 11010
Support should appear near 10757 and 10680 to 10630 then 10580.
DECEMBER BRITISH POUND
Support should appear near 16150 to16090.
Resistance should appear near 16420 to 16550
DECEMBER CANADIAN DOLLAR
Resistance should appear near the 10320 to 10360 region.
Support should appear near 10185 and 10138 to 10104
DECEMBER AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to10320.
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1774.00 to 1780.00 and 1792.00
Support is near 1757 and 1738 to 1731
DECEMBER COPPER
Resistance should appear near 37950 to 38060 and 38580 to 38650
Support should appear near 37430 to 37340 and 36820 to 36630
DECEMBER SILVER
Resistance should appear near 3425 to 3443 and 3493 to 3503.
Support is at 3386 to 3377 and 3328 to 3319
THE EXCITING ENERGIES
NOVEMBER CRUDE OIL
Resistance should appear near 9706 to 9737 and 9821 to 9837
Support should appear near 9625 and 9542 to 9526
OCTOBER HEATING OIL
Support should appear near 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 29820 to 29900 and the 30920 to 31020 region.
NOVEMBER NATURAL GAS
Resistance should appear at 3261 to 3270 and 3319 to 3328
Support should appear near 2990 to 2972 and 2883 to 2874
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1655 to 1642 and 1615 to 1609.
Resistance should appear near 1672 and 1689 to 1696.
DECEMBER SOYMEAL
Resistance should appear near 505.6 to 506.7 and 512.7 to 513.9
Support should appear near 492.6 to 491.5 and 485.6 to 484.5
DECEMBER BEAN OIL
Resistance should appear near 5553 to 5577 and 5640 to 5653
Support should appear near 5504 to 5492 and 5430 to 5418
DECEMBER CORN
Support should appear near 734 ¼ to 742 ¾ and 717 to 714 ¼
Resistance should appear near 758 ¾ to 760 ¼ and 767 ½ to 768 ¾
DECEMBER WHEAT
Resistance should appear near 885 ¾ to 887 ¼ and 893 ½ to 896 ½
Support should appear near 868 ¼ to 866 ¾ and 840 ¾ to 839 ¼
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 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, risk a close under 12677 for three days in a row.
Resistance should appear near 12890 and 13040 to 13100
OCTOBER HOGS
Support should appear near 7257 to 7242 and 7172 to 7142
Resistance should appear near 7412 to 7427 and 7487 to 7512
DECEMBER HOGS
Support should appear near 7257 to 7242 and 7092 to 7072
Resistance should appear near 7412 to 7427 and 7487 to 7512.
FEBRUARY HOGS
Support should appear near 7867 to 7837 and 7777 to 7762
Resistance should appear near 7937 to 7957 and 8027 to 8042
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 17380 to 17310 and 16960 to 16890
Resistance should appear near 18080 to 18220 and 18580 to 18650
Stay tuned for Flashes and Trade accordingly
DECEMBER COCOA
Resistance should appear near 2612 to 2620 then 2663 to 2672 and 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 2568 to 2552 and 2519 to 2511
Trade Accordingly.
MARCH SUGAR
Support is at 2042 to 2034 and 1996 to 1982.
Resistance should appear near the 2080 to 2086 and 2126 to 2134
DECEMBER COTTON
Support should appear near 7342 to 7328 and 7255 to 7242.
Resistance is near 7587 to 7601 and 7763 to 7777
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 17, 2012
5:35 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 18-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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