FuturesCom  Morning Investment Comments  Wednesday August 1, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2 

Tuesday July 31, 2012
1:00 PM South Florida Beach Time    “’A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’”

                                    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 the 13,340.00 to 13,460.00 region.

SEPT E-MINI SP500
Resistance should appear near 1399.00 and the 1415.00 to 1421.00 region
Support should appear near 1377 then 1361.50 and the 1346.00 to 1334.00 region

NASDAQ COMPOSITE
Resistance should appear near 2972.00 to 2990.
Support should appear near the 2883.00 to 2874.00
SEPT E-MINI NASDAQ 100
Support should appear near the 2620.00 to 2612.00
Resistance should appear near 2663.00 to 2672.00

 

 

 

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 793.90 to 795.40 and 802.90 to 804.40.
Support should appear near 783.60 and the 777.70 to 776.30 region.

SEPT 30 YR BOND
Resistance should appear near 151-21. Beyond that a test of 152-07 is likely.

Support should appear near 150-21 and 150-07

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

        THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314 and 8391 to 8406.
Support should appear near 8223 to 8194 and the 8134 to 8119 region.
BW Traders can buy at 8141 and risk a close under 8112 for three days in a row.

SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12740 to12680.

 

SEPT EURO CURRENCY
Support should appear near 12247 and 12175.
Resistance should appear near 12320 to 12380.

SEPT SWISS FRANC
Resistance should appear near 10320 to 10360

Support should appear near 10187 and 10135 to 10104.

SEPT BRITISH POUND
Support should appear near 15525 and 15350 to 15290
Resistance should appear near 15690 to 15760 and 15847.

SEPT CANADIAN DOLLAR
Resistance should appear near the 10021 to 10037 region.
BW Traders can sell at 10017 and hold for lower prices…
Support should appear near 9937 to 9921.

SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320

 

 

 

 

 

 

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near the1642 to1655 region.
Support is near 1615 to 1609 and 1591.5

 

SEPT COPPER
Resistance should appear near 34250 to 34430 and 35530 to 35630
Support should appear near the 33860 to 33770 and 33280 to 33190 region.

SEPT SILVER
Resistance should appear near 2820 to 2829 and  2874 to 2883
Support is at 2724 to 2716 and the 2620 to 2612
THE EXCITING ENERGIES

 

SEPTEMBER CRUDE OIL
Resistance should appear near 8856 to 8871 and 8934 to 8964.
Support should appear near 8683 to 8668 and 8589 to 8560

SEPTEMBER HEATING OIL
Support should appear near 28200 and 27750 to 27580
Resistance should appear near 28740 to 28830

SEPTEMBER UNLEADED GAS
Support should appear near 27580 and 27240 to 27160

Resistance should appear near the 28200 to 28290. A close over is friendly and augurs for a test of   28740 to 28830.

SEPTEMBER NATURAL GAS
Resistance should appear at 3319 to 3328
Support should appear near 3045 to 3036
THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1615 to 1609
Resistance should appear near the 1689 to 1696 region.

DECEMBER SOYMEAL
Resistance should appear near 512.7 to 513.9
Support should appear near 478.5 to 477.5

 

DECEMBER BEAN OIL
Resistance should appear near 5344 to 5356 and 5492 to 5504 region.
Support should appear near 5211 to 5200 and 5139 to 5127 region.  

 

DECEMBER CORN
Support should appear near 777 ¾ to 776 ½
Resistance should appear near 830 to 831 ½ and 856 to 858 ¾

DECEMBER WHEAT
Resistance should appear near 970 ¾ to 973 ¾
Support should appear near 858 ¾ to 856.

 

THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near the 12680 to 12740 region.

OCTOBER HOGS

Support should appear near 7957 to 7937 and 7867 to 7837.

Resistance should appear near 8027 to 8047 and 8117 to 8137

DECEMBER HOGS

Support should appear near 7777 to 7762

Resistance should appear near 7837 to 7867

THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 17380 to 17310 and 16960 to 16890
Resistance should appear near 17740 to 17800 and the 18080 to 18220 region.
BW Traders can sell at 180.70 and hold for lower prices.. Stay tuned for flashes

SEPT COCOA
Resistance should appear near 2370 and the 2411 to 2419 region
Support should appear near 2226 to 2219 and the 2185 to 2170 region .

 

OCTOBER SUGAR
Support is at 2226 to 2219
Resistance should appear near the 2315 to 2322 region.

DECMBER COTTON
Support should appear near 7003 to 6990.
Resistance is 7328 to 7342.

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
Tuesday July 31, 2012
3:30 PM South Florida Beach Time 

 

 

 

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FuturesCom Morning Comments  Wednesday August 1, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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