Day Trading and Investment Comments Wednesday October 22, 2014 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
Tuesday October 21, 2014
12:00 Noon South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,420.00 and 16,150.00 to 16,090.00
Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region
DOW JONES TRANSPORTS
Support should appear near 8391.00 and 8314.00 to 8304.00
Resistance is at 8484.00 to 8499.00 and 8668.00 to 8683.00
DECEMBER E-MINI SP500
Resistance should appear near 1946.00 to 1953.00
Support should appear near 1909.00 to 1902.00
NASDAQ COMPOSITE
Resistance should appear at 4425.00 to 4446.00 and 4503.00 to 4514.00
Support should appear near 4249.00 to 4238.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 3929.00 to 3909.00 and 3867.00 to 3858.00
Resistance is at 3982.00 to 3992.00 and 4046.00 to 4056.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1130.00 to 1136.00
Support should appear near 1082.00 and 1068.00 to 1058.00
DECEMBER 30 YR BONDS
Resistance should appear near 143-21 and 144-08.
Support should appear near 142-07 and 141-22
DECEMBER 10 YR NOTE
Resistance should appear near 128-12 and 129-17
Support should appear near 127-07 and 126-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8560 to 8589 and 8668 to 8683
Support should appear near 8499 to 8484 and 8406 to 8391
DECEMBER JAPANESE YEN
Resistance should appear near 9429 to 9445 and 9526 to 9542.
Support should appear near 9347 to 9316 and the 9156 to 9140 region.
DECEMBER EURO CURRENCY
Support should appear near 12680 and 12530.
Resistance should appear near 12817 then 12890 and 13040 to 13100
DECEMBER SWISS FRANC
Resistance should appear near 10580 and 10630 to 10680
Support should appear near 10470.. Below that a test of 10360 to 10320 is likely.
DECEMBER BRITISH POUND
Support should appear near 16090 and 15922
Resistance should appear near 16150 and 16287.
BW Traders can sell at 16267 and hold for lower prices.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8934 to 8964.
BW Traders can sell at 8933 and hold for lower prices.
Support should appear near 8871 to 8856
DECEMBER AUSSIE DOLLAR
Support should appear near 8683 to 8668 and 8589 to 8560.
Resistance should appear near 8777 and 8856 to 8871.
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1253.0 and 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0 and 1203.0 to 1192.0
DECEMBER COPPER
Resistance should appear near 30360 to 30450 and the 30920 to 31020 region.
Support should appear near 29370 to 29280.
DECEMBER SILVER
Support should appear near 1696.00 to 1689.0.
Resistance is at 1774.0 to 1780.0 and 1808.0 to 1822.0
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 8134 to 8119 then 8044 to 8029 and 7954 to 7939
Resistance should appear near 8194 to 8223 and 8300 to 8314.
DECEMBER BRENT CRUDE OIL
Resistance should appear near 8668 to 8683 and 8762 to 8777
Support should appear near 8499 to 8484 and 8314 to 8300.
DECEMBER HEATING OIL
Support should appear near 24190 to 24110 and 23700 to 23540
Resistance should appear 25110 to 25190. BW Traders can sell at 25100 and hold for lower prices.
Beyond that sellers should appear near 25520 to 25680.
DECEMBER UNLEADED GAS
Support should appear 20890 to 20800 and 20420 to 20340
Resistance should appear near 21700 to 21850 and 22190 to 22260.
DECEMBER NATURAL GAS
Resistance should appear 3.795 to 3.806 and 3.858 to 3.867
Support should appear near 3.682 to 3.663 and 3.553 to 3.563.
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 944 ½ to 942 ¾ and 934 ¾ to 931 ¾.
Resistance should appear near 982 ¼ to 983 ¾ and 992 ¼ to 993 ¾
DECEMBER SOYOIL
Support should appear near 3157 to 3148, below that a test of 3102 to 3092 is likely
Resistance should appear near 3194 to 3213 and 3261 to 3270.
DECEMBER SOYMEAL
Resistance should appear near 355.3 to 356.3
Support should appear near 332.8 to 331.9
DECEMBER CORN
Support should appear near 344 ¼ to 342 ¼ and 338 ¾ to 337 ¾
Resistance should appear near 361 ¼ to 362 ¼ and 366 ¼ to 368 ¼
BW Traders can sell at 365 and hold for lower prices. Risk a close over 374 ¾ for three days in a row.
DECEMBER WHEAT
Support should appear near 499 ½ to 497 ¼ and 485 ¾ to 484 ½
Resistance should appear near 525 ¾ to 528 ¾ 534 ½ to 535 ¾
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16550 to 16420.
Resistance should appear near 16890 to 16960.
FEBRUARY CATTLE
Support should appear near 16550 to 16420 and 16290
Resistance should appear near 16890 to 16960.
DECEMBER HOGS
Support should appear near 8777 to 8762 and 8682 to 8667
Resistance should appear near 8937 to 8967 and 9027 to 9047
FEBRUARY HOGS
Support should appear near 8502 to 8482 and 8407 to 8392
Resistance should appear near 8667 to 8682 and 8762 to 8782.
APRIL HOGS
Support should appear near 8592 to 8562
Resistance should appear near 8857 to 8872
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 20340 to 20420 and 20800 to 20890
Support should appear near 19530 to 19460 and 19090 to 19020
DECEMBER COCOA
Resistance should appear near 3148 to 3157 and 3194 to 3223
Support should appear near 3102 to 3092 and 3045 to 3036
MARCH SUGAR
Resistance is near 1642 to 1655 and 1689 to 1696
Support should appear near 1615 to 1609 and 1576 to 1569
DECEMBER COTTON
Support should appear near 6190 to 6165 and 6113 to 6102
Resistance is at 6337 to 6350 and 6417 to 6430.
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 October 21, 2014 2:00 PM South Florida Beach Time
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