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 NECESSARILY INDICATIVE OF FUTURE RESULTS.  No SOLICITATION IS made here for individuals to buy or sell futures contracts, foreign exchange or options market. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  Readers are solely 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 trading 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, the failure of hardware, software and Internet connection. Futurescom employs back-up systems and contingency plans to minimize the possibility of system failure

 

 

 

 

      
     

FuturesCom
Morning Investment Comments
Tuesday August 16, 2011 

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

 

     

 

Monday August 15, 2011
6:00 PM South Florida Beach Time
                         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near 11,360.00 to 10,320
Resistance should appear near the 11,640.00 to 11,690.00 region   

SEPT E-Mini sp500
 Resistance should appear near 1232.00 to 1238.00
Support should appear at near 1169.00 to 1164.00.

NAsdaq Composite
Resistance should appear near 2612.00 to 2620.00
Support should appear near 2469.00 to 2461.00

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2219.00 to 2226.00   
Support should appear near 2134.00 to 2126.00

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 714.30 to 717.00 and the 732.80 to 734.20 region
Support should appear near 683.60 to 680.90 and 667.30 to 665.90

SEPT 30 YR BOND
Resistance should appear near 137-07 and 138-21.
Support should appear near 133-21 and 131-07..

SEPT 10 yr Note
 Resistance should appear near 130-21 and 131-07.
Support should appear near 127-07 and 126-21
                     

 

                            The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513       
Support should appear near 7342 to 7328    
 
SEPT JAPANESE Yen
 Resistance should appear near the 13040 to 13100 region.  
Support should appear near the 12740 to 12680                    

SEPT EURO currency
 Support should appear near 14210 to 14150 
Resistance should appear near the 14530 to 14590 region
 
 SEPT SWISS FRANC
 Resistance should appear near 13040 to 13100   
Support should appear near  12740 to 12680    

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

SEPT CanadIAN Dollar
 Resistance should appear near the 10320 to 10360 region. 
Support should appear near 10136 to 10104 

SEPT AUSSIE DOLLAR
 Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320
                         

                                  The Precious Metals
 december gold
 Resistance should appear near 1774 to 1780 and the 1808 to 1822 region.      
Support is near 1738 to 1731 and the 1696 to 1689 region. BW Traders can buy at 1697 and risk a close under 1637 for three days in a row

SEPT COPPER
 Resistance should appear near 40460 to 40560 and the 41100 to 41200 region. 
Support should appear near 39290 to 39090 and the 38670 to 38580 region.    

SEPT Silver 
 Resistance should appear near 4046 to 4056. Beyond that a test of the 4110 to 4120 region  
is likely
Support is at 3929 to 3909 and 3867 to 3858.                                           
                      

                              The Exciting Energies  
October CRUDE Oil
Resistance should appear near 8856 to 8871 and the 9044 to 9060 region 
Support should appear near 8499 to 8484 and the 8406 to 8391 region.

september HeaTING Oil
 Support should appear near 28290 to 28200 and the 2724 to 27160 region 
Resistance should appear near 29720 to 29900 and the 30360 to 30450 region           
september UNLEADED Gas
 Support should appear at 27750 to 27580 and the 26720 to 26630 region  
Resistance should appear near 28830 to 28740 and the 29720 to 29900 region 

september NATURAL Gas
Support should appear at the 3939 to 3909 region      
Resistance should appear near 4163 to 4183                                                                  


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Support should appear near 1346 to 1334  
Resistance should appear near 1377 to 1383

DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362           
Support should appear near 344.4 to 342.5.

DECEMBER BEAN OIL
Resistance should appear near 5553 to 5577  and 5640 to 5653        
Support should appear near 5430 to 5418 and the 5356 to 5344 region. 
BW Traders can buy at 5357 and hold for higher prices.

DEC CORN
Resistance should appear near 724 ¼ to 725 ½ and the 732 ¾ to 734 ¼ region  
Support should appear 700 ¼ to 699 and the 691 ¾ to 690 ¾ region.  
BW Traders can buy at 692 ½ and hold for higher prices.

DECEMBER WHEAT
Resistance should appear near 759 ¾ to 760 3/4.
Support should appear near 717 to 714 ¼ BW Traders can buy at 717 ¾ and hold for higher prices.  
BW Traders should go long if a close over 743 occurs.                            

                                                 THE LIVELY LIVESTOCK
 OCTOBER CATTLE
Support should appear near 11920 and 11817
BW Traders can buy at 11817 and hold for higher prices.
Resistance should appear near 12185 and the 12320 to 12380 region.   Trade accordingly

OCTOBER HOGS
Resistance should appear near 9037 to 9067 a close over is friendly and augurs for a test of 9317 to 9347 and the 9522 to 9542 region.   Beyond that sellers should appear near 9707 to 9737
Support should appear near 8872 to 8857
BW Traders should go long if a close over 9067 occurs.

DECEMBER HOGS
Resistance should appear near the 8857 to 8872 region.
Support should appear near 8592 to 8562. Below that buyers should appear near 8407 to 8392                                          

                           The Satisfying Softs
 DEC COFFEE
Support should appear near 24690 to 24610  
Resistance should appear near 25520 to 25680

DEC COCOA
Resistance should appear near 2972 to 2990 and 3036 to 3045         
Support should appear near 2775 to 2758 and 2672 to 2663    


OCT SUGAR
Resistance is at 2829 to 2829  
Support should appear near the 2672 to 2663 region.

DEC COTTON
Resistance should appear near the 10580 to 10680 region.
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, 15 8:00 PM South Florida Beach Time