FuturesCom Morning Investment Comments Thursday September 27, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
‘Fortune Favors the Bold’
Wednesday September 26, 2012
6:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,340.00 and 13,220.00
Resistance remains appear near 13.460.00 and 13,615.00.
DECEMBER E-MINI SP500
Resistance should appear near 1437.00 and the 1453.00 to 1459.00 region.
Support should appear near the 1421.00 to 1415.00 region.
NASDAQ COMPOSITE
Resistance should appear near 3125.00 and the 3148.00 to 3157.00 region.
Support should appear near 3092.00 and the 3045.00 to 3036.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near the 2775.00 to 2758.00 region.
Resistance should appear near 2297.00 and the 2820.00 to 2829.00 region.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 839.10 to 840.60.
Support should appear near the 822.30 to 819.90
DECEMBER 30 YR BOND
Resistance should appear near 150-21 and 151-07
Support should appear near 149-21 and 149-07.
DECEMBER 10 YR NOTE
Resistance should appear near 133-21and 134-07
Support should appear near 132-21 and 132-07
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8029 to 8044
Support should appear near 7954 to7939
DECEMBER JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
BW Traders can sell at 13030 and risk a close over 13110.
Support should appear near 12740 to12680…
BW Traders should go short if a close under 12672 occurs.
DECEMBER EURO CURRENCY
Support should appear near the 12740 to 12680 region.
Resistance should appear near 12965 and the 13040 to 13100 region.
DECEMBER SWISS FRANC
Resistance should appear near 10680 and 10757.
Support should appear near 10630 and 10580.
DECEMBER BRITISH POUND
Support should appear near 16150 to16090
Resistance should appear near 16282 and 16420 to 16550 and should cap rallies. BW Traders can sell at 16417 for a turn lower and risk a close over 16557.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 10185 and 10237.
Support should appear near 10136 to 10104 and 10037 to 10021.
DECEMBER AUSSIE DOLLAR
Resistance should appear near 10320 to 10360
Support should appear near 10237 and 10185
Trade accordingly and Stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1774.00 to 1780.
Support is near 1738 to 1731.
DECEMBER COPPER
Resistance should appear near 37340 to 37430
Support should appear near the 36820 to 36630 region
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 9140 to 9156 and 9237
Support should appear near 9060 to 9044 and 8964 to 8934
NOVEMBER HEATING OIL
Support should appear near 30920 and the 30450 to 30360 region.
Resistance should appear near 31480 to 31570, beyond that a test of 31940 to 32130 is likely.
NOVEMBER UNLEADED GAS
Resistance should appear near 28740 to 28830 and 29280 to 29370
Support should appear near 28290 to 28200 and 27750 to 27580.
NOVEMBER NATURAL GAS
Resistance should appear at 3319 to 3328
Support should appear near 3102 to 3092.
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near the 1576 to 1569 region.
Resistance should appear near the1609 to 1615.
DECEMBER SOYMEAL
Resistance should appear near 484.5 to 485.6 and 491.5 to 492.6.
Support should appear near 471.7 to 469.5 and 465.0 to 463.9
DECEMBER BEAN OIL
Resistance should appear near 5344 to 5356
Support should appear near 5139 to 5127
DECEMBER CORN
Support should appear near 717 to 714 1/4 and the 691 ¾ to 690 ¾ region..
Resistance should appear near 732 ¾ to 734 ¼ and 741 ¼ to 742 ¾ .
DECEMBER WHEAT
Resistance should appear near 885 ¾ to 887 ¼ and 893 ½ to 896 ½
Support should appear near 868 ½ to 866 ¾ and 840 ¾ to 839 ¾
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near the 12380 to 12320 region
Resistance should appear near 12680 to 12740
FEBRUARY CATTLE
Support should appear near 12890 and 12742 to 12682
Resistance should appear near 13040 to 13100.
OCTOBER HOGS
Support should appear near 7607 to 7587.
Resistance should appear near 7762 to 7777
DECEMBER HOGS
Support should appear near 7342 to 7327
Resistance should appear near 7487 to 7512
BW Traders should go short if a close under 7407 occurs.
FEBRUARY HOGS
Support should appear near 7957 to 7937 and 7777 to 7762
Resistance should appear near 8027 to 8047 and 8117 to 8137
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 16960 to 16890 and the 16550 to 16420 region…
BW Traders can buy at 16575 and hold for higher prices.
Resistance should appear near 17310 to 17380 and 17740 to 17800
DECEMBER COCOA
Resistance should appear near 2511 to 2519 and 2552 to 2568
Support should appear near 2469 to 2461 and 2419 to 2411 region.
MARCH SUGAR
Support is at the 1996 to1982 region.
Resistance should appear near the 2080 to 2089 region
DECEMBER COTTON
Support should appear near 7170 to 7143 and 7088 to 7074
Resistance is near 7328 to 7342 and the 7414 to 7428 region. Beyond that sellers ahould appear near and the 7486 to 7513 region. BW Traders can sell at 7485 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
Wednesday September 26, 2012
7:30 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 Thursday September 27-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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