Day Trading and Investment Comments Tuesday December 30, 2014 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“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 December 29, 2014
12:00 Noon, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes and updates for all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,800.00 to 17,740.00
Resistance is at 18,080.00 to 18,220.00
DOW JONES TRANSPORTS
Support should appear near 9,156.00 to 9,140.00 and 9,060.00 to 9,044.00.
Resistance is at 9,316.00 to 9,347.00 and the 9,429.00 to 9,445.00 region.
MARCH E-MINI SP500
Resistance should appear near 2089.00 then 2108.00 and the 2126.00 to 2134.00 region.
Support should appear near 2080.00 and 2061.50.
NASDAQ COMPOSITE
Resistance should appear at 4845.00 to 4856.00 and 4915.00 to 4926.00
Support should appear near 4785.00 to 4775.00 and the 4717.00 to 4695.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 4304.00 and the 4249.00 to 4238.00 region.
Resistance is at 4370.00 to 4381.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00.
Support should appear near 1203.00 to 1192.00.
MARCH 30 YR BONDS
Resistance should appear near 144-07 then 144-19 and 145-11.
Support should appear 143-07 and 142-21.
MARCH 10 YR NOTE
Resistance should appear near 126-12 and 126-22. Beyond that sellers should appear near 127-07.
Support should appear near 125-22. Below that a test of 125-07 and 124-22 is likely. Failure there augurs for a test of 123-22.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9060. An extended trade over is friendly and augurs for a test of 9100.
Support should appear near 9006 and 8964 to 8934.
MARCH JAPANESE YEN
Resistance should appear near 8300 to 8314 and 8391 to 8406.
Support should appear near the 8223 to 8194
MARCH EURO CURRENCY
Support should appear near the 12030 to 11920 region.
Resistance should appear near 12175 then 12247 and the 12320 to 12380 region.
MARCH SWISS FRANC
Resistance should appear near 10183 then 10227. BW Traders can sell at 10227 and hold for lower prices.
Support should appear near 10104, below that a test of 10037 to 10021 is likely.
Trade Accordingly
MARCH BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15532 then 15612 and 15690 to 15760.
MARCH CANADIAN DOLLAR
Resistance should appear near 8668 to 8683. BW Traders can sell at 8661
and risk a close over 8687 for three days in a row.
Support should appear near 8560, below that a test of 8499 to 8484 is likely.
MARCH AUSSIE DOLLAR
Support should appear near 8044 to 8029.
Resistance should appear near 8119 to 8134 and 8194 to 8223
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1192 to 1203.00 and 1217.0
Support should appear near the 1169.00 to 1164.0 region.
MARCH COPPER
Resistance should appear near 28290 and the 28740 to 28830 region.
Support should appear near 27750 to 27580, below that as test of the 26720 to 26630 region is likely
MARCH SILVER
Support should appear near 1576 to 1569 and the 1535 to 1529 region.
Resistance is at 1609 to 1615 and 1642 to 1655.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Support should appear near the 5282 to 5259 region. Below that a test of 5067 to 5056 is likely.
Resistance should appear near 5418 to 5430 then 5492 to 5504 and 5640 to 5653
BW Traders should go short if a close under 5252 occurs
FEBRUARY BRENT CRUDE OIL
Support should appear near the 5729 to 5716 region. Below that a test of 5577 to 5553 is likely.
Resistance should appear near 5855 to 5880 and 6023 to 6035.
FEBRUARY HEATING OIL
Support should appear near 18220 to 18080 and 17800 to 17740
Resistance should appear 18580 to 18650 and 19020 to 19090.
FEBRUARY UNLEADED GAS
Support should appear 14590 to 14530 and 13830 to 13770
Resistance should appear near 14840 to 14960 and 15290 to 15350
FEBRUARY NATURAL GAS
Support should appear near 3.102 to 3.092 and 2.990 to 2.970.
Resistance should appear near 3.194 to 3.213 and 3.261 to 3.270
Stay Tuned for Energy Flashes
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1036 to 1032 and 1013 ¾ to 1010 ½.
Resistance should appear near the 1058 to 1068 region.
MARCH SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and the 3377 to 3386 region. Beyond that sellers should appear near 3425 to 3443 and cap a rally.
MARCH SOYMEAL
Resistance should appear near 361.3 to 362.3 and the 368.3 to 369.3 region. Beyond that sellers should appear near 379.5 to 380.6
Support should appear near 356.3 to 355.3, below that a test of 350.3 to 349.3 is likely.
MARCH CORN
Support should appear near 399 ¼ to 398 ¼
Resistance should appear near 416 ¼ to 418 ¼ and the 423 ¾ to 424 ¾ region.
MARCH WHEAT
Support should appear near 588 to 585 ½ and 572 ¾ to 571 ¾.
Resistance should appear near 616 ½ to 619 and the 633 ¾ to 635 region.
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 16422 and 16357
Resistance should appear near 16722 and 16890 to 16960 region.
APRIL CATTLE
Support should appear near 16227 and 16150 to 16090
Resistance should appear near 16422 to 16557. Beyond that sellers should appear near 16672.
FEBRUARY HOGS
Support should appear near 8137 to 8117 and the 8047 to 8027 region.
Resistance should appear near 8192 to 8222 and the 8297 to 8317 region.
APRIL HOGS
Support should appear near 8407 to 8392 and the 8317 to 8292 region.
Resistance should appear near 8482 to 8502 then 8557 to 8592 and the 8667 to 8682 region.
JUNE HOGS
Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near 9237 and the 9312 to 9347 region.
Stay Tuned for Livestock Flashes.
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 16890 to 16960 and 17310 to 17380.
Support should appear near 16150 to 16090 and the 15760 to 15690 region.
MARCH COCOA
Resistance should appear near 2972 to 2990 and the 3036 to 3045 region.
Support should appear near 2883 to 2874 and the 2775 to 2758 region.
MARCH SUGAR
Resistance is near 1484 to 1496 and 1529 to 1535.
Support should appear near 1453 and the 1421 to 1415 region.
MARCH COTTON
Support should appear near 6035 to 6023 and the 5880 to 5855 region.
Resistance is at 6257 to 6270 and the 6335 to 6350 region.
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
Monday December 29th, 2014 3:30 PM South Florida Beach Time
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