Day Trading and Investment Comments Wednesday September 24, 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 September 23, 2014
12:00 Noon South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near the 16,960.00 to 16,890.00 region.
Resistance is at 17,135.00 and 17,310.00 to 17,380.00.
DOW JONES TRANSPORTS
Support should appear near 8406.00 to 8391.00 and 8314 to 8300.00
Resistance is at 8484.00 to 8499.00 and 8560.00 to 8589.00.
DECEMBER E-MINI SP500
Resistance is at 1882.00 to 1989.00 and 1996.00.
Support should appear near 1967.50 and the 1953.00 to 1946.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4571.00 to 4582.00 and the 4639.00 to 4650.00 region.
Support should appear near 4503.00 and the 4446.00 to 4425.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 3992.00 to 3982.00 and 3939.00 to 3909.00
Resistance is at 4046.00 to 4056.00 and 4110.00 to 4120.00.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1115.50 and 1130.000 to 1136.00
Support should appear near 1101.00 to 1096.00 and 1082.00
DECEMBER 30 YR BONDS
Resistance should appear near 137-22 and 138-07
Support should appear near 136-21 and 136-07.
DECEMBER 10 YR NOTE
Resistance should appear near 125-07 and 125-22
Support should appear near 124-07 and 123-07.
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8499 and 8560 to 8589.
Support should appear near 8445 and the 8406 to 8391 region.
DECEMBER JAPANESE YEN
Resistance should appear near 9237 and 9316 to 9347.
BW Traders can sell at 9312 and hold for lower prices.
Support should appear near 9156 to 9140 and 9060 to 9044.
DECEMBER EURO CURRENCY
Support should appear near 12740 to 12680.
Resistance is at 12890 and the 13040 to 13100 region.
DECEMBER SWISS FRANC
Resistance should appear near 10680 and 10817.
Support should appear near 10630 and 10580. Aggressive BW Traders should go short if a close under 10577 occurs. Trade accordingly
DECEMBER BRITISH POUND
Support should appear near 16150 to 16090.
Resistance should appear near 16420 to 16550.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 9044 to 9060 and 9100.
Support should appear near 8964 to 8934 and 8904
DECEMBER AUSSIE DOLLAR
Support should appear near 8777 to 8762 and 8683 to 8668.
Resistance should appear near 8856 to 8871 and 8934 to 8964.
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support should appear near the 1203.0 to 1192.0 region.
DECEMBER COPPER
Resistance should appear near 30920 to 31020.
Support should appear near 29900 to 29720 and 29370 to 29280.
DECEMBER SILVER
Support should appear near 1738.0 to 1731.0 and the 1696.0 to 1684.0 region.
Resistance is at 1808.0 to 1822.0 and the 1858.0 to 1865.0 region.
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 9060 to 9044 then 8964 to 8934 and the 8871 to 8856 region.
Resistance should appear near 9140 to 9156 and the 9316 to 9347 region.
BW Traders can sell at 9312 and hold for lower prices.
DECEMBER BRENT CRUDE OIL
Resistance should appear near 9821 to 9837 and 9921 to 9937.
Support should appear near 9641 to 9625 and 9542 to 9526.
NOVEMBER HEATING OIL
Support should appear near should appear near 26720 to 26630 and the 25680 to 25520 region.
Resistance should appear 27160 to 27240 and 27580 to 27750
NOVEMBER UNLEADED GAS
Support should appear the 24690 to 24610 region. Below that a test of 24190 to 24110 is likely.
Resistance should appear near 25110 to 25190 and 25520 to 25680.
NOVEMBER NATURAL GAS
Resistance should appear 3.982 to 3.992 and 4.046 to 4.056.
Support should appear near 3.806 to 3.795 and 3.743 to 3.734
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 934 ¾ to 931 ¾ and 915 ¾ to 914.
Resistance should appear near 952 ¾ to 954 ¾ and 962 ¼ to 964 ¼
DECEMBER SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3326
DECEMBER SOYMEAL
Resistance should appear near 309.2 to 310.2 then 314.8 to 315.7 and 319.4 to 321.3.
Support should appear near 304.5 to 303.6 and 299.0 to 297.2
DECEMBER CORN
Support should appear near 321 ¾ to 319 ¾ and 315 ¾ to 314 ¾ region.
Resistance should appear near 331 ¾ to 332 ¾ and 337 ¾ to 338 ¾
DECEMBER WHEAT
Support should appear near 471 ¾ to 469 ½ and 446 ¾ to 442 ¾
Resistance should appear near 491½ to 492 ¾ and 505 ¾ to 506 ¾
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 15350 to 15290 and 15137
Resistance should appear near 15690 to 15760
DECEMBER CATTLE
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150
OCTOBER HOGS
Support should appear near 10687 to 10582.
Resistance should appear near the 10960 to 11010 region.
DECEMBER HOGS
Support should appear near 9447 to 9427 and 9347 to 9317
Resistance should appear near 9622 to 9642 and 9707 to 9737.
BW Traders can sell at 9702 and risk a close over 9757 for three days in a row.
FEBRUARY HOGS
Support should appear near 9062 to 9042 and 8967 to 8932
Resistance should appear near 9317 to 9347 and the 9427 to 9447 region.
BW Traders can sell at 9407 and risk a close over 9557 for three days in a row.
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 18220 and the 18580 to 18650 region.
Support should appear near 17800 to 17740 then 17380 to 17310 and the 16960 to 16890 region.
DECEMBER COCOA
Resistance should appear near 3319 to 3328 and 3377 to 3386
Support should appear near 3213 to 3194 and 3157 to 3148
MARCH SUGAR
Resistance is near 1609 to 1615 and 1731 to 1738
Support should appear near 1535 to 1529 and 1496 to 1484.
DECEMBER COTTON
Support should appear near 6190 to 6165 and 6035 to 6029
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 September 23, 2014 4:30 PM South Florida Beach Time
Terms of Use and Agreement https://www.futurescom.com/policies.html
FuturesCom Investment Publications © 1996 – 2014 All Rights Reserved
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.
Terms of Use and Agreement https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Right Reserved
