FuturesCom Morning Investment Comments Thursday April 5, 2012 Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs. Free Two Week Trial see https://futurescom.com/free-trial-2 .
“There is only one side of the market and it is not the bull side or the bear side,
but the right side.” –Jessie Livermore–
Wednesday April 04, 2012
5:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
Dow Jones Industrial Average
Support should appear near 13,040.00 and 12,890.00
Resistance should appear near 13,000.00 and 13220. 00
JUNE E-MINI SP500
Resistance should appear near the 1399.00 and the 1415.00 to 1421.00 region
Support should appear near the 1383.00 to 1377.00 region
NASDAQ COMPOSITE
Resistance should appear near 3092.00 to 3102.00.
Support should appear near 3045.0 to 3036.00.
JUNE E-MINI NASDAQ 100
Resistance should appear near the 2758.00 to 2775.00 region
Support should appear near the 2672.00 to 2668 region
JUNE E-MINI RUSSELL 2000
Resistance should appear near 830.00 to 831.40 and the 839.10 to 840.60 region
Support should appear near 813.40 to 811.90 and the 804.40 to 802.980 region
JUNE 30 YR BOND
Resistance should appear near 137-21 and 138-07
Support should appear near 136-21 and 136-07.
JUNE 10 YR NOTE
Resistance should appear near 129-21 and 130-07
Support should appear near 128-21 and 128-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near the 8029 to 8044 region
Support should appear near the 7954 to 7939
JUNE JAPANESE YEN
Resistance should appear near 12175 and the 12320 to 12380 region.
BW Traders can sell at 12312 and hold for lower prices.
Support should appear near the 12030 to 11920 region
JUNE EURO CURRENCY
Support should appear near the 13100 to 13040 region.
Resistance should appear near 13160 and 13220
JUNE SWISS FRANC
Resistance should appear near 10960 to 11010
Support should appear near 10815 and 10680 to 10580
JUNE BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 15927 and the 16090 to 16150 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 10104 to 10136.
Support should appear near 9937 to 9921
JUNE AUSSIE DOLLAR
Resistance should appear near 10237 and the 10320 to10360 region
Support should appear near the 10136 to 10104 region
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near the 1642 to 1655
Support is near 1615 to 1609 and 1576.00 to 1569.00
MAY COPPER
Resistance should appear near 38580 to 38670 and 39090 to 39290
Support should appear near 37430 to 37340 and 36820 to 36630
MAY SILVER
Resistance should appear near 3148 to 3157 and 3194 to 3213
Support is at 3045 to 3036 and 2990 to 2972
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104.
MAY HEATING OIL
Support should appear near 31020 to 30920.
Resistance should appear near 31940 to 32130.
MAY UNLEADED GAS
Support should appear near 32700 to 32610
Resistance should appear near 33760 to 33860
MAY NATURAL GAS
Support should appear at the 2089 to 2080 region
Resistance should appear near 2219 to 2226
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 1421 to 1415 and 1383 to 1377
Resistance should appear near 1453 to 1459
MAY SOYMEAL
Resistance should appear near 390.9 to 392.9 and 398.2 to 399.2
Support should appear near 386.7 to 385.8 and 380.6 to 379.5
MAY BEAN OIL
Resistance should appear near 5640 to 5653 and 5716 to 5729
Support should appear near 5577 to 5553 and 5504 to 5492
MAY CORN
Support should appear near 650 ¾ to 648 ¾
Resistance should appear near 674 ¾ to 675 ¾
MAY WHEAT
Resistance should appear near 648 ¾ to 650 ¾
Support should appear near 627 to 625 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near the 11360 to 11300 region
Resistance should appear near the 11640 to 11690 region
JUNE HOGS
Support should appear near 9162 to 9137 and 9062 to 9042
Resistance should appear near 9237 and 9312 to 9347
OCTOBER HOGS
Support should appear near 8317 to 8300
Resistance should appear near 8482 to 8502
THE SATISFYING SOFTS
JULY COFFEE
Support should appear near 18220 to 18080
Resistance should appear near 19090 to 19290
JULY COCOA
Resistance should appear near 2170 to 2185
Support should appear near 1996 to 1982
JULY SUGAR
Support is at the 2275 to 2267 region.
Resistance should appear near 2411 to 2419
JULY COTTON
Resistance should appear near 9044 to 9060
Support should appear 8777 to 8762
–A Ship in Harbor is Safe…But that is not what ships are built for —
Happy Trading!
Bill wil@futurescom.com
Wednesday April 4, 2012
7:40 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 Thursday April 05, 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.
