FuturesCom Morning Investment Comments Monday April 30, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 . “A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable -ranks high. There are certain chances that the most prudent man is justified in taking -chances that he must take if he wishes to be more than a mercantile mollusk” –Reminiscences of a Stock Operator–
Sunday April 29, 2012
5:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 13,100 to 13,040.00.
Resistance should appear near the 13,340.00 to 13,460.00
JUNE E-MINI SP500
Resistance should appear near 1415.00 to 1421.00
Support should appear near 1383.00 to 1377.00
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00.
Support should appear near 3045.00 to 3036.00
JUNE E-MINI NASDAQ 100
Resistance should appear near 2758.00 to 2775.00.
Support should appear near 2724.00 to 2716.00.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40 and 839.10 to 840.60.
Support should appear near 83.40 to 811.90 and 804.40 to 802.90
JUNE 30 YR BOND
Resistance should appear near 143-07 and 143-21
Support should appear near 142-07 and 141-21
JUNE 10 YR NOTE
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 and 131-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7929 to 7954
Support should appear near the 7864 to 7836 region.
JUNE JAPANESE YEN
Resistance should appear near 12455 and 12530
Support should appear near 12380 to 12320
JUNE EURO CURRENCY
Support should appear near 13220 and 13100 to 13040
Resistance should appear near 13340 to 13460.
JUNE SWISS FRANC
Resistance should appear near 11085 and 11155
Support should appear near 11010 to 10960.
JUNE BRITISH POUND
Support should appear near 16150 to16090
Resistance should appear near 16420 to 16550
JUNE CANADIAN DOLLAR
Resistance should appear near 10185 and 10235
Support should appear near 10136 to 10104
JUNE AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1672 and 1688.BW Traders can sell at 1688 and hold for lower prices.
Support is near 1655 and 1642.
JULY COPPER
Resistance should appear near 39090 to 39290
Support should appear near 38060 to 37950
JULY SILVER
Resistance should appear near 3194 to 3213
Support is at 3102 to 3092
THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320
JUNE HEATING OIL
Support should appear near the 31570 to 31480
Resistance should appear near 32710 to 32700
JUNE UNLEADED GAS
Support should appear near 30450 to 30360
Resistance should appear near 31940 to 32130
JUNE NATURAL GAS
Support should appear at 2042 to 2034
Resistance should appear near 2267 to 2275
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1459 to 1453
Resistance should appear near 1529 to 1535
JULY SOYMEAL
Resistance should appear near 437 to 438.1
Support should appear near 418.3 to 416.3
JULY BEAN OIL
Resistance should appear near 5716 to 5729.
Support should appear near 5504 to 5492
JULY CORN
Support should appear near 611 ¼ to 610 ¼
Resistance should appear near 641 ¾ to 643
JULY WHEAT
Resistance should appear near 665 ¾ to 667 ¼
Support should appear near 635 to 633 ¾
Stay tuned for Grain Flashes
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11010 to 10960
Resistance should appear near 11300 to 11360
JUNE HOGS
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance should appear near 8762 to 8777 and 8857 to 8872
OCTOBER HOGS
Support should appear near the 7957 to 7932 region.
Resistance should appear near 8117 to 8137
Stay tuned for Livestock Flashes and Updates.
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 16960 to16890.
Resistance should appear near 18080 to18220
JULY COCOA
Resistance should appear near 2354 to 2370
Support should appear near 2226 to 2219.
JULY SUGAR
Support is at 2042 to 2034
Resistance should appear near 2170 mto 2185.
JULY COTTON
Resistance should appear near 9316 to 9347 region
Support should appear 9060 to 9044
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Sunday April 29, 2012
7:00 PM South Florida Beach Time
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FuturesCom Morning Comments Monday April 30, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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