FuturesCom Morning Investment Comments Wednesday August 22, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
“The hardest thing to understand in the world is the income tax.”
— Albert Einstein–
Tuesday August 21, 2012
3:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 13,100.00 to 13,040.region
Resistance should appear near 13,220.00 and the 13,340.00 to 13,460.00 region.
SEPT E-MINI SP500
Resistance should appear near 1415.00 to 1421.00 and 1437.00
Support should appear near 1399.00 and 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 3092 to 3102 region.
Support should appear near the 3045 to 3036 region
SEPT E-MINI NASDAQ 100
Support should appear near 2758.00 and 2724.00 to 2716.00.
Resistance should appear near 2775.00 and 2820.00 to 2829.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 819.40 to 822.30 and 830.00 to 831.40.
Support should appear near the 813.40 to 811.90 and 804.40 to 802.90
SEPT 30 YR BOND
Resistance should appear near 146-21and 147-21
Support should appear near 145-21 and 145-07
SEPT 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
SEPT DOLLAR INDEX
Resistance should appear near 8194 to 8223.
Support should appear near the 8134 to 8119 region.
BW Traders can buy at 8167 and risk a close under 8112 for three days in a row.
SEPT JAPANESE YEN
Resistance should appear near 12680 to12740.
Support should appear near 12530 and 12380 to 12320
SEPT EURO CURRENCY
Support should appear near 12380 to12320
Resistance should appear near 12530 and 12605
BW Traders can sell at 12521 and hold for lower prices.
SEPT SWISS FRANC
Resistance should appear near 10470 and 10580 to 10680.
Support should appear near 10360 to 10320
SEPT BRITISH POUND
Support should appear near 15760 to15690
Resistance should appear near 16090 to 16150. BW Traders can sell at 16087 and risk a close over 16170 for three days in a row.
SEPT CANADIAN DOLLAR
Resistance should appear near 10136 and 10185.
Support should appear near 10037 to 10021.
SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10525
Support should appear near the 10360 to 10320 region.
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1642 to 1655 and 1689 to 1696
Support is near 1615 to 1609
SEPT COPPER
Resistance should appear near 34930 to 35030.
Support should appear near 33860 to 33770
SEPT SILVER
Resistance should appear near 2928 to 2937 and 2972 to 2990.
Support is at 2883 to 2874 and 2829 to 2820
THE EXCITING ENERGIES
OCTOBER CRUDE OIL
Resistance should appear near the 9706 to 9737 and 9821 to 9837.
Support should appear near 9641 to 9625 and 9542 to 9526
SEPTEMBER HEATING OIL
Support should appear near 31020 to 30920 and 30450 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130
SEPTEMBER UNLEADED GAS
Support should appear near 30450 to 30360 and 29900 to 29730 region
Resistance should appear near 30920 to 31020 and 31480 to 31570
SEPTEMBER NATURAL GAS
Resistance should appear at 2928 to 2937
Support should appear near 2829 to 2820.
Stay tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near the 1696 to 1689
Resistance should appear near 1731 to 1738
DECEMBER SOYMEAL
Resistance should appear near 525.9 to 528.2
Support should appear near 513.9 to 512.7
DECEMBER BEAN OIL
Resistance should appear near 5640 to 5653
Support should appear near the 5504 to 5492
DECEMBER CORN
Support should appear near 822 ¼ to 819 ½
Resistance should appear near 848 ½ to 849 ¾
DECEMBER WHEAT
Resistance should appear near 931 ¾ to 934 ¾
Support should appear near 896 ½ to 893 ¾
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near 12680 to12740.
DECEMBER CATTLE
Support should appear near the 12740 to 12680 region.
Resistance should appear near the 13040 to 13100 region
OCTOBER HOGS
Support should appear near 7517 to 7487
Resistance should appear near 7672 to 7692
DECEMBER HOGS
Support should appear near 7170 to 7142
Resistance should appear near 7412 to 7427
FEBRUARY HOGS
Support should appear near 8047 to 8027
Resistance should appear near 8192 to 8222
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16150 to 16090 and 15760 to 15690
Resistance should appear near 16420 to 16550 and 16890 to 16960
DECEMBER COCOA
Resistance should appear near 2461 to 2469
Support should appear near 2322 to 2315.
OCTOBER SUGAR
Support is at 1953 to 1946.
Resistance should appear near 2080 to 2089.
DECEMBER COTTON
Support should appear near 7428 to 7414
Resistance is 8029 to 8044
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 August 21, 2012
4:50 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 Wednesday August 22-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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