FuturesCom  Morning Investment Comments  Wednesday August 8-2012  Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see  https://futurescom.com/free-trial-2

Tuesday August 7, 2012
4:00 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 13,100.00 to 13,040.00

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
Support should appear near the 1383.00 to 1377.00

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00.
Support should appear near the 2937.00 to 2928.00
SEPT E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2716.00 to 2724.00 and 2758.00 to 2775.00

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 811.90 to 813.40
Support should appear near 786.40 to 783.60

SEPT 30 YR BOND
Resistance should appear near 149-07 and 149-21

Support should appear near 147-21 and 146-21

SEPT 10 YR NOTE
Resistance should appear near 133-21 and 134-21
Support should appear near 133-07 and 132-07

        THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314
Support should appear near 8223 to 8194. Below that buyers shoud appear near 8134 to 8119
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 the13040 to 13100 region.
Support should appear near 12680 and 12615

 

SEPT EURO CURRENCY
Support should appear near 12380 to 12320 and 12247
Resistance should appear near 12455 and 12530
BW Traders can sell at 12521 and hold for lower prices.

SEPT SWISS FRANC
Resistance should appear near 10360 and 10415

Support should appear near 10320 and 10237

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

SEPT CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 9937 to 9921

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

 

 

 

 

 

 

 

 

 

 

            THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1615 then 1628.5 and 1642 to 1655
Support is near 1591.5 and 1576 to 1569

 

SEPT COPPER
Resistance should appear near 34930 to 35030
Support should appear near 33280 to 33190

SEPT SILVER
Resistance should appear near 2820 to 2829
Support is at 2724 to 2716
THE EXCITING ENERGIES

 

SEPTEMBER CRUDE OIL
Resistance should appear near the 9526 to 9542 region.
Support should appear near 9347 to 9316 and 9237

SEPTEMBER HEATING OIL
Support should appear near 29900 to 29720 and 29370 to 29280
Resistance should appear near 30360 to 30450 and 30920 to 31020

SEPTEMBER UNLEADED GAS
Support should appear near 29720 and 29370 to 29280

Resistance should appear near 30360 to 30450 and 31480 to 31570

SEPTEMBER NATURAL GAS
Resistance should appear at 3036 to 3045
Support should appear near 2829 to 2820
THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS
Support should appear near 1535 to 1529
Resistance should appear near 1569 to 1576 and 1591 ½ .

DECEMBER SOYMEAL
Resistance should appear near 477.5 to 478.5 and 484.5 to 485.6
Support should appear near 465.0  to 463.9 and 458.2 to 457.1

 

DECEMBER BEAN OIL
Resistance should appear near 5259 to 5282
Support should appear near 5139 to 5127

 

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

DECEMBER WHEAT
Resistance should appear near 914 to 915 ¾ and 931 ¾ to 934 ¾
Support should appear near 877 ¾ to 876 ¾ and 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 7342 to 7327

Resistance should appear near 7762 to 7777

DECEMBER HOGS

Support should appear near 7172 to 7142

Resistance should appear near 7587 to 7602

THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 16960 to 16890
Resistance should appear near 17740 to 17800

SEPT COCOA
Resistance should appear near the 2511 to 2519
Support should appear near 2370 to 2354.

 

OCTOBER SUGAR
Support is at 2134 to 2126 and 2089 to 2080
Resistance should appear near 2170 to 2185 and 2219 to 2226

DECMBER COTTON
Support should appear near 7342 to 7328 and 7170 to 7142
Resistance is 7675 to 7689 and 7762 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
Tuesday August 7, 2012
5:00 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 Comments  Wednesday August 8-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

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