FuturesCom Morning Investment Comments Friday August 10, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2
Thursday August 9, 2012
11:00 PM South Florida Beach Time
’A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100.00 to 13,040.00
Resistance should appear near 13,220.00 and the 13,340.00 to 13,460.00 region
SEPT E-MINI SP500
Resistance should appear near 1415.00 to 1421.00
Support should appear near the 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00.
Support should appear near the 2990 to 2972.00
SEPT E-MINI NASDAQ 100
Support should appear near 2672.00 to 2663.00.
Resistance should appear near 2716.00 to 2724.00 and 2758.00 to 2775.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 802.90 to 804.40 and 811.90 to 813.40
Support should appear near 795.40 to 793.90 and 786.40 to 783.60
SEPT 30 YR BOND
Resistance should appear near 149-07 and 149-21
Support should appear near 148-07 and 147-21
SEPT 10 YR NOTE
Resistance should appear near 134-07
Support should appear near 133-07 and 132-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8300 to 8314
Support should appear near 8223 to 8194. Below that buyers shoud appear near 8134 to 8119
BW Traders can buy at 8141 and risk a close under 8112 for three days in a row.
SEPT JAPANESE YEN
Resistance should appear near 12740 and 12890.
Support should appear near 12680 and 12615
SEPT EURO CURRENCY
Support should appear near 12247 and 12175
Resistance should appear near 13220 to 12380 then 12455 and 12530
BW Traders can sell at 12521 and hold for lower prices.
SEPT SWISS FRANC
Resistance should appear near 10320 to10360
Support should appear near 10237 then 10187 and 10136 to 10104
SEPT BRITISH POUND
Support should appear near 15525 and 15350 to 15290
Resistance should appear near 15690 to 15760.
SEPT CANADIAN DOLLAR
Resistance should appear near 10104 to 10136
Support should appear near 9937 to 9921
SEPT AUSSIE DOLLAR
Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10360 to 10320
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1628.5 and 1642 to 1655
Support is near 1615 to 1609 and 1576 to 1569
SEPT COPPER
Resistance should appear near 34250 to 34430 and 34930 to 35030
Support should appear near 33860 to 33770 and 33280 to 33190
SEPT SILVER
Resistance should appear near 2820 to 2829
Support is at 2724 to 2716
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Resistance should appear near the 9526 to 9542 region.
Support should appear near 9316 and 9237
SEPTEMBER HEATING OIL
Support should appear near 29900 to 29720
Resistance should appear near 30920 to 31020
SEPTEMBER UNLEADED GAS
Support should appear near 29900 to 29720 and 29370 to 29280
Resistance should appear near 30360 to 30450 and 31480 to 31570
SEPTEMBER NATURAL GAS
Resistance should appear at 3036 to 3045
Support should appear near 2829 to 2820
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 1576 to 1569
Resistance should appear near 1689 to 1696
DECEMBER SOYMEAL
Resistance should appear near 512.7 to 513.9
Support should appear near 471.7 to 469.5
DECEMBER BEAN OIL
Resistance should appear near 5418 to 5430
Support should appear near 5211 to 5200
DECEMBER CORN
Support should appear near 786 ½ to 783 ¾
Resistance should appear near 866 ¾ to 868 1/4
DECEMBER WHEAT
Resistance should appear near 962 ½ to 964 ¼
Support should appear near 896 ½ to 893 ¾
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 12380 to 12320
Resistance should appear near the 12680 to 12740 region.
OCTOBER HOGS
Support should appear near 7342 to 7327
Resistance should appear near 7762 to 7777
DECEMBER HOGS
Support should appear near 7172 to 7142
Resistance should appear near 7587 to 7602
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 16150 to 16090
Resistance should appear near 17310 to 17380
SEPT COCOA
Resistance should appear near the 2511 to 2519
Support should appear near 2370 to 2354.
OCTOBER SUGAR
Support is at 2042 to 2034
Resistance should appear near 2170 to 2185
DECMBER COTTON
Support should appear near 7342 to 7328 and 7170 to 7142
Resistance is 7675 to 7689 and 7762 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
Friday August 10, 2012
12:05 AM 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 Comments Friday August 10-2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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