Morning Investment and Day Trading Comments Thursday June 19, 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
“A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Wednesday June 18, 2014 1:30 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,720.00 and the 16,550.00 to 16,420.00 region. Resistance is at 16,890.00 to 16,960.00 and 17,135.00
DOW JONES TRANSPORTS
Support should appear near 8044.00 to 8029.00 and 7964.00 to 7934.00.
Resistance is at 8194.00 to 8223.00 and 8300.00 to 8314.00
SEPTEMBER E-MINI SP500
Resistance is at 1946.00 to 1953.00. Support should appear near 1927.50 and the 1909.0 to 1902.0 region.
NASDAQ COMPOSITE
Resistance should appear at 4370.00 to 4381.00. Support should appear near 4249.00 to 4238.00.
SEPTEMBER E-MINI NASDAQ 100 Support should appear near the 3682 to 3663 region.
Resistance is at 3795.00 to 3806.00 and the 3858.00 to 3867.00 region.
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear at 1180.50 and 1192.00 to 1203.00
Support should appear near 1169.00 to 1164.00 and 1136.00 to 1130.00.
SEPTEMBER 30 YR BONDS
Resistance should appear near 136-07 and 136-21. Support should appear near 135-07 and 134-21
SEPTEMBER 10 YR NOTE
Resistance should appear near 124-21 and 125-07.
Support should appear near 123-21 and 123-07.
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134.
Support should appear near 8044 to 8029. SEPTEMBER JAPANESE YEN Resistance should appear near 9921 to 9937. Support should appear near 9779 and the 9737 to 9706 region.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region. Resistance is at 13615 and 13687. BW Traders can sell at 13687 and hold for lower prices.
SEPTEMBER SWISS FRANC
Resistance should appear near 11155 then 11227 and 11300 to 11360.
Support is near the 11010 to 10960 region.
SEPTEMBER BRITISH POUND
Support should appear near 16890 and 16720. BW Traders can buy at 16892 and risk 50 points. Resistance should appear near 16960 then 17130 and the 17310 to 17380 region. SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9237 and the 9316 to 9347 region. Support should appear near 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR Support should appear near 9156 to 9140 Resistance should appear near 9316 to 9347.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1289 and 1304.0 to 1310.0 region.
Support should appear near 1268.00 then 1253.0 and 1238.0 to 1232.0 SEPTEMBER COPPER Resistance should appear near the 30920 to 31020 region.
Support should appear near 29900 to 29720.
SEPTEMBER SILVER
Support should appear near 1953.0 to 1946.0 and 1909.0 to 1902.0
Resistance is at 1982.0 to 1996.0 and 2034.0 to 2042.0.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 10470 and the 10320 to 10360 region.
Resistance should appear near 10630 to 10680 then 10820 and 10960 to 11010.
AUGUST BRENT CRUDE OIL Resistanceshould appear near 11640 to 11690 Supportshould appear near 11360 to 11300 and 11155.
JULY HEATING OIL
Support should appear near should appear near 29900 to 29720 Resistance should appear 30920 to 31020
JULY UNLEADED GAS
Support should appear 30450 to 30360.
Resistance should appear near 31480 to 31570 AUGUST NATURAL GAS
Resistance should appear 4.775 to 4.785
Support should appear near 4.582 to 4.571
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 1399 and 1383 to 1377
Resistance should appear near 1415 to 1421.
AUGUST SOYBEANS
Support should appear near 1346 to 1334.
Resistance should appear near 1361 ½ and 1377 to 1383.
NOVEMBER SOYBEANS Support should appear near the 1203 to 1192 region
Resistance should appear near 1217 ½ and 1232 to 1238.
JULY SOYOIL Resistance should appear near 4046 to 4056 and 4110 to 4120 Support should appear near 3992 to 3982 and 3929 to 3909.
JULY SOYMEAL
Resistance should appear near 457.1 to 458.2 and 463.9 to 465.0
Support should appear near 444.6 to 442.5 and 438.1 to 437.0
AUGUST SOYMEAL
Resistance should appear near 442.5 to 444.6
Support should appear near 424.9 to 423.8
JULY CORN
Support should appear near 438 ¼ to 437 1/4 and 431 ½ to 430 ½ Resistance should appear near 450 ¼ to 451 ¼.
JULY WHEAT Support should appear near 580 ½ to 579 ¼ and 572 ¾ to 571 ¾ Resistance should appear near 602 ¾ to 603 ¾ and the 616 ½ to 619 region.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 14590 to 14530 and 14370
Resistance should appear near 14712 and 14840 to 14960
OCTOBER CATTLE Support should appear near 14710 and 14592 to 14522
Resistance should appear near 14837 to 14962 and 15122
JULY HOGS
Support should appear near 12532 and 12380 to 12320 Resistance should appear near 12617 and 12677 to 12732
AUGUST HOGS
Support should appear near 12740 to 12680. Resistance should appear near 12817 then 12887 and 12972.
OCTOBER HOGS
Support should appear near 10680 to 10580 Resistance should appear near 10960 to 11010
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 17310 to 17380 and 17740 to 17800.
Support should appear near 16890 and the 16550 to 16420 region.
SEPTEMBER COCOA
Resistance should appear near 3148 to 3157 and 3194 to 3213
Support should appear near 3102 to 3092 and the 3045 to 3036 region.
OCTOBER SUGAR
Resistance is near the 1858 to 1865 region. Support should appear near 1822 to 1808.
DECEMBER COTTON
Support should appear near 7601 to 7587 Resistance is at 7763 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
Wednesday June 18, 2014 3:30 PM South Florida Beach Time
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