FuturesCom Morning Investment Comments Friday November 09, 2012 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial-2
Thursday November 8, 2012
3:00 PM South Florida Beach Time
“Accomplishments will prove to be a journey, not a destination.” -Dwight D. Eisenhower-
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,740.00 to 12,680.00.
Resistance should appear near 12,890.00 and the 13,040.00 to 13100.00 region.
DECEMBER E-MINI SP500
Resistance should appear near 1377.00 to 1383.00 and 1399.00.
Support should appear near 1361.50 and the 1346.00 to 1334.00 region
NASDAQ COMPOSITE
Resistance should appear near 2928.00 to 2937.00 and 2952.
Support should appear near the 2883.00 to 2874.00 region.
DECEMBER E-MINI NASDAQ 100
Support should appear near 2568.00 to 2552.00 and 2519.00 to 2511.00
Resistance should appear near 2590 and the 2612.00 to 2620.00 region.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 793.90 to 795.40 and 802.90 to 804.40.
Support should appear near 786.40 to 783.60 and the 777.70 to 776.30 region
DECEMBER 30 YR BOND
Resistance should appear near 151-21 and 152-07
Support should appear near 150-07 and 149-21
DECEMBER 10 YR NOTE
Resistance should appear near 134-07 and 135-07
Support should appear near 133-21 and 133-07.
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134, A close over is friendly and augurs
for a test of 8194 to 8223.
Support should appear near 8044 to 8029. BW Traders can buy at 8030 and hold for higher prices.
DECEMBER JAPANESE YEN
Resistance should appear near 12605 and the 12680 to 12740 region.
Support should appear near the 12380 to 12320, a close under is negative and augurs for a test of the 12030 to 11920 region. ..Aggressive BW traders should consider going short if a close under 12317 occurs. Stay tuned for flashes
DECEMBER EURO CURRENCY
Support should appear near the 12740 to 12680 region.
Resistance should appear near 12815 and 12890. BW Traders can sell at 12887 and initially risk a close over 12967 for three days in a row.
DECEMBER SWISS FRANC
Resistance should appear near 10580 then10630 and 10680.
Support should appear near 10470 and the 10360 to 10320 region. Trade Accordingly
DECEMBER BRITISH POUND
Support should appear near 15922, below that a test of the 15760 to 15690 region is likely.
Resistance should appear near 16017 and the 16090 to 16150 region.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 10021 to 10037.
Support should appear near 9979 and 9937 to 9921.
DECEMBER AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10630
Support should appear near 10360 to 10320.
Trade accordingly and stay tuned for Forex Flashes ….
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1738.0 and 1756.0
Support is near 1713.50 and 1696.00 to 1689.00.
DECEMBER COPPER
Resistance should appear near 34930 to 35030 and 35530 to 35630
Support should appear near 34430 to 34250 and 33860 to 33770
DECEMBER SILVER
Resistance should appear near 3261 to 3270 and 3319 to 3328.
Support is at 3213 to 3194 and 3157 to 3148.
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Resistance should appear near 8560 to 8589 and 8667 to 8683
Support should appear near 8406 to 8391 and 8314 to 8300
DECEMBER HEATING OIL
Support should appear near 29370 to 29280 and 28830 to 28740
Resistance should appear near 30360 to 30450 and 30920 to 31020
DECEMBER UNLEADED GAS
Resistance should appear near 26630 to 26720
Support should appear near 25680 to 25520
Stay tuned for Flashes…
DECEMBER NATURAL GAS
Resistance should appear at 3613 to 3623 and 3663 to 3682.
Support should appear near 3443 to 3425 and 3328 to 3319.
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1496 to 1489 and the 1459 to 1453 region.
Resistance should appear near 1529 to 1535 and the 1569 to 1576 region.
DECEMBER SOYMEAL
Resistance should appear near 463.9 to 465.0 and 469.5 to 471.6
Support should appear near 458.2 to 457.1 and 444.6 to 442.5
DECEMBER SOYBEAN OIL
Resistance should appear near 4973 to 4995.
Support should appear near 4785 to 4775
DECEMBER CORN
Support should appear near 734 ¼ to 732 ¾. and 717 to 714 ¼
Resistance should appear near 748 ¾ to 751 ¼ and 759 ¾ to 760 ¼
DECEMBER WHEAT
Resistance should appear near 904 ½ to 906 and 931 ¾ to 934 ¾
Support should appear near 887 ¼ to 885 ¾ and 877 ¾ to 876 ¼
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near the 12380 to 12320 region.
BW Traders can buy at 12387 and risk a close under 12307…
Resistance should appear near 12617 and 12677 to 12740
FEBRUARY CATTLE
Support should appear near the12742 to 12677 region.
Resistance should appear near 13040 to 13100
DECEMBER HOGS
Support should appear near 7957 to 7932 and 7867 to 7837
Resistance should appear near 8027 to 8047 and 8117 to 8132
FEBRUARY HOGS
Resistance should appear near 8667 to 8682
Support should appear near 8502 to 8492.
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
DECEMBER COFFEE
Support should appear near 14960 to 14840.
Resistance should appear near 15290 to 15350.
DECEMBER COCOA
Resistance should appear near 2354 to 2370 and 2411 to 2419
Support should appear near the 2322 to 2315 and 2275 to 2267
MARCH SUGAR
Support is at 1865 to 1858
Resistance should appear near 1902 to 1909
DECEMBER COTTON
Support should appear near 6919 to 6906 and 6755 to 6743
Resistance is near 7074 to 7088 and 7143 to 7170
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
Thursday November 08, 2012
4:15 PM ET 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 Friday November 09-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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