Apr 232012
 

FuturesCom   Morning Investment Comments Tuesday April 24, 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–

Monday April 23, 2012
3:00 PM South Florida Beach Time

 

                                  THE SENSATIONAL STOCK AND BOND MARKETS 

 

DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance should appear near 13,040.00 to 13,100.00

 

JUNE E-MINI SP500
Resistance should appear near 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 3036.00 to 3045.00.

Support should appear near the 2937.00 to 2928.00 region.

 

 

JUNE E-MINI NASDAQ 100
Resistance should appear near 2716.00 to 2724.00
Support should appear near 2620.00 to 2612.00

 

JUNE E-MINI RUSSELL 2000
Resistance should appear near the 811.90 to 813.50 and 819.40 to 822.30 region
Support should appear near 786.40 to 783.60 region.. Below that buyers should appear near 777.70 to 776.30 region… Trade accordingly.

JUNE 30 YR BOND
Resistance should appear near 142-21 and 143-07.

Support should appear near 141-07 and 140-21

JUNE 10 YR NOTE
Resistance should appear near 132-07, beyond that sellers should appear near 132-21 and cap a rally.
Support should appear near 131-07 and 130-21 a close under is negative and augurs
for a test of 129-21

 

 

        THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX
Resistance should appear near 7929 to 7954 and 8029 to 8044.
Support should appear near the 7864 to 7836 region, which should contain a decline.

JUNE JAPANESE YEN
Resistance should appear near the 12320 to 12380 region.
Support should appear near 12175 and the 12030 to 11920 region.

JUNE EURO CURRENCY
Support should appear near 13100 to 13040, a close under is negative and augurs for a test of 12890
Resistance should appear near 13265 and the 13340 to 13460 region. .
BW Traders should Go Short if a close under 13037occur.

JUNE SWISS FRANC
Resistance should appear near 11010 and 11085
Support should appear near 10960 and 10820.
BW Traders should go short if a close under 10817 occurs

JUNE BRITISH POUND
Support should appear near 16090 and 15927.
Resistance should appear near 16150 and 16227.

JUNE CANADIAN DOLLAR
Resistance should appear near 10136 and 10185.
Support should appear near 10037 to 10021 and 9937 to 9921.

JUNE AUSSIE DOLLAR
Resistance should appear near 10320 to 10360 and 10470.
Support should appear near 10237 and the 10136 to 10104 region.

 

            THE PRECIOUS METALS

 

JUNE GOLD
Resistance should appear near 1642 to 1655 then 1672 and the 1689 to 1696 region.
BW Traders can sell at 1688 and hold for lower prices.
Support is near 1628.5 and the1615 to 1609 region.

JULY COPPER
Resistance should appear near 37340 to 37430 and 37950 to 38060
Support should appear near 36820 to 366320 and 36230 to 36130

 

JULY SILVER
Resistance should appear near 3092 to 3102 and 3148 to 3157
Support is at 3045 to 3036 and 2990 to 2972

THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10470 and 100580 to 10680
Support should appear near 10360 to 10320 and 10185.

JUNE HEATING OIL
Support should appear near the 31020 to 30920

Resistance should appear near 31940 to 32130

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 2126 to 2134

 

 

 

 

 

 

 

 

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 430.4 to 431.5

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 603 ½ to 602 ¾ and 595 ¾ to 594 ½.
Resistance should appear near 616 ½ to 619 and the 633 ¾ to 635 region.
JULY WHEAT
Resistance should appear near 648 ¾ to 650 ¾ .
Support should appear near 627 to 625 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 8682 to 8667.

Resistance should appear near 8857 to 8872
OCTOBER HOGS

Support should appear near 8027 to 8042 and the 7957 to 7932 region.

Resistance should appear near 8300 to 8317 and 8392 to 8407

Stay tuned for Livestock Flashes and Updates.

 

 

 

 

 

 

 

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near the 18220 to 18080.
Resistance should appear near the 19020 to19090 region.
BW Traders can sell at 18570 and hold for lower prices.

JULY COCOA
Resistance should appear near 2315 to 2322.
Support should appear near 2185 to 2170 .

 

JULY SUGAR
Support is at the 2134 to 2126
Resistance should appear near 2219 to 2226.

JULY COTTON
Resistance should appear near 9316 to 9347 region
Support should appear 9156 to 9140

–A Ship in Harbor is Safe…But that is not what ships are built for —

 

Happy Trading!
Bill
wil@futurescom.com
Monday April 23, 2012
4:20 PM 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  Tuesday April  24, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications 1- 772-236-9294 Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 2012 All Rights Reserved.

Apr 222012
 

FuturesCom  Bi-Weekly Investment Outlook Saturday April 21  2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial   see  https://futurescom.com/free-trial-2 .

“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–

 

Saturday April 21, 2012
10:00 PM South Florida Beach Time

Stay tuned for updates and flashes in all markets.

 

 

                                  THE SENSATIONAL STOCK AND BOND MARKETS 
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 12,890.00 and the 12,740.00 to 12,680.00 region.
Resistance should appear near 13,100.00 then 13,220.00 and the 13,340.00 to 13,460.00 region.

JUNE E-MINI SP500
Resistance should appear near 1377.00 to 1383.00 then 1399.00 and the 1415.00 to 1421.00 region.
Support should appear near 1361.50, failure there augurs for a test of the 1346.00 to 1334.00 region,,   and now appears more likely than not to occur.  

NASDAQ COMPOSITE
Resistance should appear near 3036.00 to 3045.00 then 3092.00 to 3102.00 and the 3148.00 to 3157.00 region.
Support should appear near the 2990.00 to 2972.00 region, an extended
trade under augurs for a test of 2937.00 to 2928.00 and eventually the 2883.00 to 2874.00 region.

JUNE E-MINI NASDAQ 100
Resistance should appear near 2716.00 to 2724.00 region. Beyond that sellers should appear near 2758.00 to 2775.00 and the 2820.00 to 2829.00 region.
Support should appear near 2672.00 to 2663.00, failure there augurs for a test of 2620.00 to 2612.00 which should contain a decline.

 

JUNE E-MINI RUSSELL 2000
Resistance should appear near the 811.90 to 813.40 and the 819.40 to 822.30 region. Beyond that sellers should appear near 830.00 to 831.40 and cap a rally.
Support should appear near 795.40 to 793.90 and the 786.40 to 783.60 region… Below that buyers should appear near 777.70 to 776.30 region… Trade accordingly.

JUNE 30 YR BOND
Resistance should appear near 142-21 and 143-07 which should cap a rally.

Support should appear near 141-07 and 140-21. Below that a test of 139-21 is likely.

JUNE 10 YR NOTE
Resistance should appear near 131-21 and 132-07 , beyond that sellers should appear near 132-21  and cap a rally.
Support should appear near 131-07 and 130-21 a close under is negative and augurs
for a test of 129-21 and 129-07 which should hold for now.
        THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX
Resistance should appear near 7939 to 7954 and 8044 to 8029.
Support should appear near the 7864 to 7836 region, which should contain a decline.

JUNE JAPANESE YEN
Resistance should appear near the 12320 to 12380 region.
Support should appear near 12175 and the 12030 to 11920 region.

JUNE EURO CURRENCY
Support should appear near 13100 to 13040, a close under is negative and augurs for a test of 12890
Resistance should appear near 13220 and the 13340 to 13460 region. .
Traders should Go Short if a close under 13037occur.

JUNE SWISS FRANC
Resistance should appear near 11010 then 11082 and 11155.
Support should appear near 10960 and 10820.
Traders should go short if a close under 10817 occurs

JUNE BRITISH POUND
Support should appear near 15760 to 15690.
Resistance should appear near the 16090 to 16150 region.

JUNE CANADIAN DOLLAR
Resistance should appear near 10104 to 10136 and 10185.
Support should appear near 10037 to 10021 and 9937 to 9921.

JUNE AUSSIE DOLLAR
Resistance should appear near 10320 to 10360 and 10470.
Support should appear near 10237 and the 10136 to 10104 region.

            THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1655 then 1672 and the 1689 to 1696 region.
Traders can sell at 1688 and hold for lower prices… Beyond that sellers should appear near
1731 to 1738.
Support is near 1628.5 and the1615 to 1609 region, a close under is negative and augurs for a test of 1576 to 1569.

JULY COPPER
Resistance should appear near 37340 to 37430 and 37950 to 38060. Beyond that sellers should appear near 38580 to 38670 and cap a rally.
Support should appear near 36820 to 36630 and the 36230 to 36130 region…

JULY SILVER
Resistance should appear near 3194 to 3213 and 3261 to 3270, which should cap a rally. Beyond that sellers should appear near 3319 to 3328.
Support is at 3157 to 3148 and the 3102 to 3092 region. Below that a test of 3045 to 3036 is likely.

THE EXCITING ENERGIES
JUNE CRUDE OIL
Resistance should appear near 10470 and the 10580 to 10680 region  Beyond that a test of 10960 to 11010 is likely.
Support should appear near the 10360 to 10320 region.  Below that buyers should appear near 10185 and the 10136 to 10104 region.

JUNE HEATING OIL
Support should appear near the 31020 to 30920 region. Below that buyers should appear near the 30450 to 30360 region.

Resistance should appear near 31940 to 32130 and the 32610 to 32700 region. A close over is friendly and augurs for a test of 33190 to 33280 and beyond…

JUNE UNLEADED GAS
Support should appear near 31020 to 30920. Below that buyers should appear near 29900 to 29720 and contain a decline.

Resistance should appear near 31480 to 31570 and 32610 to 32700

JUNE NATURAL GAS
Support should appear at 19960 to 19820 and the 19530 to 19460 region
Resistance should appear near 20340 to 20420 and 21700 to 21850.

THE GRANDE’ GRAINS

JULY SOYBEANS
Support should appear near 1421 to 1415 and 1383 to 1377.
Resistance should appear near the 1453 to 1459 and the 1484 to 1496 region.

JULY SOYMEAL
Resistance should appear near 416.3 to 418.3 and the 423.8 to 424.9 region

Support should appear near 390.9 and the 386.7 to 385.8, a close under is negative and augurs for a test of 374.3 to 373.4 and the 368.2 to 366.3 region.


JULY BEAN OIL
Resistance should appear near 5716 to 5729 and the 5792 to 5805 region. Beyond that sellers should appear near 5855 to 5880 and cap a rally.
Support should appear near the 5577 to 5553 region. A close under is negative and augurs for a test of 5430 to 5418.

JULY CORN
Support should appear near 595 ¾ to 594 ½, a close under augurs for a test of 588 to 585 ½ and eventually the 572 ¾ to 571 ¾ region… Below that buyers should appear near 557 ¾ to 555 ¼
Resistance should appear near 616 ½ to 619 and the 633 ¾ to 635 region. Beyond that sellers should appear near 648 ¼ to 650 ¾ and cap a rally.
JULY WHEAT
Resistance should appear near 633 ¾ to 635 and 641 ¾ to 643.Beyond that sellers should appear near the 665 ¾ to 667 ¼ region and cap a rally.
Support should appear near 619 to 616 ½ region, a close under is negative and augurs for a test of 603 ½ to 602 ¾ and the 580 ¾ to 579 ½ region.

Stay tuned for Grain Flashes

THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11360 to 11300 and the 11010 to 10960 region , a close under is negative and augurs for a test of the 10680 to 10580 region
Resistance should appear near 11640 to 11690 and the 11920 to 12030 region , which should cap a rally.  Traders can sell at 11917 and risk a close over 12042 for three days in a row.

JUNE HOGS
Support should appear near 8682 to 8667 and the 8592 to 8557 region. Below that buyers should appear near 8502 to 8482.

Resistance should appear near 8857 to 8872, a close over is friendly and augurs for a test of 9042 to 9062… Beyond that sellers should appear near 9137 to 9157…

OCTOBER HOGS

Support should appear near 8027 to 8042 and the 7957 to 7932 region.

Resistance should appear near 8300 to 8317 and 8392 to 8407

Stay tuned for Livestock Flashes and Updates.

THE SATISFYING SOFTS
JULY COFFEE
Support should appear near the 17380 to 17310 and the 16960 to 16890 region.
Resistance should appear near 18080 to 18220 and the 19020 to19090 region.
Traders can sell at 18570 and hold for lower prices.

JULY COCOA
Resistance should appear near 2267 to 2275 and the 2315 to 2322 region. Beyond that sellers should appear near 2354 to 2370 and cap a rally.
Support should appear near 2185 to 2170 and 2089 to 2080. A close under is negative and augurs for a test of 1909 to 1902 and the 1865 to 1858 region.

 

JULY SUGAR
Support is at the 2134 to 2126 and the 2042 to 2034 region
Resistance should appear near 2219 to 2226 and the 2315 to 2322 region..

JULY COTTON
Resistance should appear near 9140 to 9156 and the 9316 to 9347 region
Support should appear 8964 to 8934 and 8777 to 8762. Below that a test of 8683 to 8668 and the 8314 to 8300 region is likely.     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
Sunday April 22, 2012
12:00 Noon 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 Bi-Weekly Investment  Outlook  Saturday April 21, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs

FuturesCom Investment Publications 1- 772-236-9294 Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 2012 All Rights Reserved.