FuturesCom Morning Investment Comments Friday August 3, 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’
Thursday August 2, 2012 2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKETS
DOW JONES INDUSTRIAL AVERAGE
Support should appear near the 12,740.00 to 12,680.00 region.
Resistance should appear near 12,890.00 and the 13,040.00 to 13,100.00 region.
SEPT E-MINI SP500
Resistance should appear near 1361.50 and 1377.00 to1383.00
Support should appear near the 1346.00 to 1334.00 region
NASDAQ COMPOSITE
Resistance should appear near 2928 to 2937 and 2972.00 to 2990.
Support should appear near the 2883.00 to 2874.00 and 2829 to 2820
SEPT E-MINI NASDAQ 100
Support should appear near 2612.00 and 2590.00
Resistance should appear near 2641and 2663.00 to 2672.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 767.50 to 768.90 and 777.30 to 777.70.
Support should appear near 760.10 to 758.70 and 751.30 to 748.60
SEPT 30 YR BOND
Resistance should appear near 151-21 and 152-07
Support should appear near 150-21 and 150-07
SEPT 10 YR NOTE
Resistance should appear near 134-21 and 135-07
Support should appear near 133-21 and 133-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 8391 to 8406.
Support should appear near 8314 to 8300.
SEPT JAPANESE YEN
Resistance should appear near 12890 and the 13040 to 13100 region.
Support should appear near 12740 to 12680.
SEPT EURO CURRENCY
Support should appear near 12175 and 12030 to 11920
Resistance should appear near 12247 and 12320 to 12380.
SEPT SWISS FRANC
Resistance should appear near 10237 and 10320 to 10360
Support should appear near 10136 to 10104 and 10037 to 10021
SEPT BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15607 and 15690 to 15760.
SEPT CANADIAN DOLLAR
Resistance should appear near the 9921 to 9937 and 10021 to 10037 region.
BW Traders can sell at 10017 and hold for lower prices…
Support should appear near 9837 to 9821
SEPT AUSSIE DOLLAR
Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1609 to 1615.
Support is near 1576 to 1569
SEPT COPPER
Resistance should appear near 33190 to 33280 and 33770 to 33860
Support should appear near 32700 to 32610 and 32130 to 31940
SEPT SILVER
Resistance should appear near 2758 to 2775
Support is at 2620 to 2612
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Resistance should appear near 8856 to 8871 and the 9044 to 9060 region. A close over is friendly and augurs for a test of 9140 to 9156. BW Traders should go long if a close over 9067 occurs. .
Support should appear near 8683 to 8668 and 8589 to 8560
SEPTEMBER HEATING OIL
Support should appear near 28280 to 28200 and 27750 to 27580
Resistance should appear near 28740 to 28830 and 29280 toi 29370
SEPTEMBER UNLEADED GAS
Support should appear near 28280 to 28200 and 27750 to 27580.
Resistance should appear near 28740 to 28830 and 29280 to 29350.
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 1609 and 1576 to 1569
Resistance should appear near 1642 to 1655 and the 1689 to 1696 region.
DECEMBER SOYMEAL
Resistance should appear near 497.3 to 499.5 and 505.6 to 506.7
Support should appear near 485.6 to 484.5 and 471.7 to 469.5
DECEMBER BEAN OIL
Resistance should appear near 5259 to 5282 and 5344 to 5356
Support should appear near 5211 to 5200 and 5139 to 5127 region.
DECEMBER CORN
Support should appear near 777 ¾ to 776 ½
Resistance should appear near 830 to 831 ½
DECEMBER WHEAT
Resistance should appear near 893 ¾ to 896 ½ and 914 to 915 ¾
Support should appear near 858 ¾ to 856 and 840 ¾ to 839 ¼
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 7837 and 7777 to 7762
Resistance should appear near 7937 to 7957 and 8027 to 8047
DECEMBER HOGS
Support should appear near 7602 to 7587 and 7512 to 7487
Resistance should appear near 7672 to 7687 and 7762 to 7777
THE SATISFYING SOFTS
SEPT COFFEE
Support should appear near 16960 to 16890
Resistance should appear near 17740 to 17800
SEPT COCOA
Resistance should appear near the 2411 to 2419 region
Support should appear near 2275 to 2267.
OCTOBER SUGAR
Support is at 2185 to 2170 and 2134 to 2126
Resistance should appear near 2219 to 2226 and 2267 to 2275
DECMBER COTTON
Support should appear near 7003 to 6990 and 6919 to 6906
Resistance is 7143 to 7170 and 7328 to 7342.
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 August 2, 2012
3:30 PM South Florida Beach Time
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FuturesCom Morning Comments Friday August 3, 2012 Equity Indices – Treasuries – Forex – Precious Metals – Energy – Grains – Livestock – Softs
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