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FuturesCom
Morning Investment Comments
Tuesday August 2, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

     

Monday August 1, 2011
5:00 PM South Florida Beach Time
                          The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near 12,030.00 to 11,920.00 and the 11,690.00 to 11,640.00 region.
Resistance should appear near 12,320.00 to 12,380.00  

SEPT E-Mini sp500
 Resistance should appear near 1304.00 to 1310.00 and 1334.00 to 1346.00
BW Traders can sell at 1334.00 and risk a close over 1347 for three days in a row.  
Support should appear at near 1274.00 to 1268.00 and the 1238.00 to 1232.00 region.
BW Traders can buy at 1238.75 and risk a close under 1231 for three days in a row.

NAsdaq Composite
Resistance should appear near 2775.00 and 2820.00 to 2829.00
Support should appear near 2724.00 to 2716.00 and 2672.00 to 2663.00.

SEPT E-Mini NasdaQ 100
 Resistance should appear near the 2411.00 to 2419.00 region. Beyond that sellers should appear near 2461.00 to 2469.00. 
Support should appear near 2322.00 to 2315.00 and the 2275.00 to 2267.00 region.
BW Traders should go long if a close over 2371 occurs.

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 802.90 to 804.40.Beyond that sellers should appear near
830.00 to 831.40.
Support should appear near 786.40 to 783.60 and 777.70 to 776.30. Below that buyers should appear near 751.30 to 748.60.  BW Traders should go long if a close over 804.50 occurs

SEPT 30 YR BOND
Resistance should appear near 129-07 and 130-21. Beyond that sellers should appear near 131-07
Support should appear near 127-21 and 127-07. Below that a test of 126-21 and 126-07 is likely.

SEPT 10 yr Note
 Resistance should appear near 126-21 and 127-07. Beyond that sellers should appear near 127-21
Support should appear near 125-07 and 124-21. Below that 124-07 should hold.
                    

                            The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513        
Support should appear near 7428 to 7414     
 
SEPT JAPANESE Yen
 Resistance should appear near the 13040 to 13100 region. Beyond that sellers should appear near
13340 to 13460. BW Traders can sell at 13399 and risk a close over 13467 for three days in a row. 
Support should appear near the 12740 to 12680 region.                    

SEPT EURO currency
 Support should appear near 14210 to 14150.  
Resistance should appear near 14390 and the 14530 to 14590 region
BW Traders should go long if a close over 14390 occurs
 
 SEPT SWISS FRANC
 Resistance should appear near 13040 to 13100.  
Support should appear near 12380 to 12320   

SEPT BRITISH POUND
Support should appear near 16285 and 16150 to 16090.  
Resistance should appear near 16420 to 16550 region.  

SEPT CanadIAN Dollar
 Resistance should appear near 10470 and the 10580 to 10680 region. 
Support should appear near 10360 to 10320 and 10237. BW Traders can buy at 10371 and hold for higher prices.  BW Traders should go long if a close over 10477 occurs

 


SEPT AUSSIE DOLLAR
 Resistance should appear near  10960 to 11010
Support should appear near 10820 and 10680 to 10580

.
                               The Precious Metals
 december gold
 Resistance should appear near 1642 to 1655 and 1689 to 1696.    
Support is near 1615 to 1609 and 1576 to 1569.
SEPT COPPER
 Resistance should appear near 45030 to 45140 region.  
Support should appear near 43810 to 43700 and the 43150to 43040 region   

SEPT Silver 
 Resistance should appear near 4046 to 4056 and the 4110 to 4120 region  
Support is at 3867 to 3857 and the 3743 to 3734 region .                                           
                                 The Exciting Energies  
Sept CRUDE Oil
Resistance should appear near 9706 to 9737. 
Support should appear near  9347 to 9316 and the 9060 to 9044 region.

BW Traders should go long if a close over 9741 occurs

september HeaTING Oil
 Support should appear near 30920 and the 30450 to 30360 region.
Resistance should appear near 31480 to 31570 and the 31940 to 32130 region          
september UNLEADED Gas
 Support should appear at 30450 to 30360 and the 29370 to 29280 region. 
Resistance should appear near 31480 to 31570

september NATURAL Gas
Support should appear at 4056 to 4046     
Resistance should appear near the 4304 to 4315 region                                                                 
                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear  the 1334 to 1346 region and the 1310 to 1304 region
BW Traders can buy at 1347 and hold for higher prices. 
Resistance should appear near 1377 to 1383 and the 1415 to 1421 region

DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362 and the 366.3 to 368.2 region.           
Support should appear near 344.4 to 342.5 and the 338.6 to 337.7 region.

DECEMBER BEAN OIL
Resistance should appear near 5716 to 5729 and 5855 to 5880        
Support should appear near 5577 to 5553 and the 5504 to 5492 region

DEC CORN
Resistance should appear near 707 ½ to 708 ¾
Support should appear 667 ¼ to 665 ¾.

DECEMBER WHEAT
Resistance should appear near region 732 ¾ to 734 ½
Support should appear 700 ¼ to 699 and the 683 ¾ to 680 region. BW Traders can buy at 684 and hold for higher prices.                             

                                              THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 11690 to11640 and the 11360 to 11300 region.
BW Traders can buy at 11697 and hold for higher prices.

Resistance should appear near the 11920 to 12030 region.   Trade accordingly

 

OCTOBER HOGS

Resistance should appear near 9427 to 9447 and the 9522 to 9542 region. 
Support should appear near 9157 to 9137. BW Traders can buy at 9162 and hold for higher prices.
BW Traders should go long if a close over 9347 occurs.

DECEMBER HOGS

Resistance should appear near 9042 to 9062 and the 9137 to 9162 region. .
Support should appear near 8872 to 8857 and 8777 to 8762.                                                

                           The Satisfying Softs
 SEPT COFFEE
Support should appear near 23220 to 23150 
Resistance should appear near 24610 to 24690 .

SEPT COCOA
Resistance should appear near 3036 to 3045         
Support should appear near 2829 to 2820    

 

OCT SUGAR
Resistance is at 3036 to 3045 region.
Support should appear near 2829 to 2820. 

DEC COTTON
Resistance should appear near the 10580 to 10680 region.
Beyond that sellers should appear near 11620 to 11690
Support should appear 10360 to 10320 .
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Monday August 1, 2011 6:00 PM South Florida Beach Time