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FuturesCom
Morning Investment Comments
Wednesday August 10, 2011 


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

 

     

Wednesday August 10, 2011
6:00 AM South Florida Beach Time

                        The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Support should appear near 11,010 to 10,960
Resistance should appear near 11,300 to 11,360   

SEPT E-Mini sp500
Resistance should appear near 1192.00 to 1203.00
Support should appear at near 1136.00 to 1130.00  

NAsdaq Composite
Resistance
should appear near 2511.00 to 2519.00
Support should appear near 2419.00 to 2411.00

 

SEPT E-Mini NasdaQ 100
Resistance
should appear near 2170.00 to 2185.00
Support
should appear near the 2089.00 to 2080.00 region  

SEPT E-
Mini RUSSELL 2000
Resistance
should appear near 699.00 to 700.30
Support should appear near  659.10 to 657.70

SEPT 30 YR BOND
Resistance
should appear near 137-21and 138-08
Support should appear near 135-21 and 134-21


SEPT 10 yr Note
Resistance should appear near 130-07 and 131-21
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 13340 to 13460
BW Traders can sell at 13399 , 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  14530 to 14590
BW Traders should go long if a close over 14390 occurs
 
SEPT SWISS FRANC
Resistance should appear near 14150 to 14210  
Support should appear near 13460 to 13340  

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 10320 to 10360
Support should appear near 9937 to 9921


SEPT AUSSIE DOLLAR
Resistance should
appear near 10320 to 10360
Support should appear near 9937 to 9921

.

                               The Precious Metals
december gold
Resistance
should appear near 1774 to 1780and 1808 to 1822.    
Support is near  1738 to 1731 and 1696 to 1689


SEPT COPPER
Resistance should appear near 4110 to 4120  
Support should appear near 37430 to 37340  

SEPT Silver 
Resistance
should appear near 4046 to 4056 and the 4110 to 4120 region  
Support is at 3743 to 3734 and 3682 to 3663 
                                        


                                
The Exciting Energies  
Sept CRUDE Oil
Resistance should appear near 8668 to 8683
Support should
appear near 7689 to 7675

september HeaTING Oil
Support
should appear near the 26720 to 26630.
Resistance should appear near 30360 to 30450         

september UNLEADED Gas
Support
should appear at 25190 to 25110 
Resistance should appear near 29720 to 29900

september NATURAL Gas
Resistance
should appear at 4056 to 4046     
Support should appear near 3858 to 3867            
                                                      
                                THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support
should appear the 1238 to 1232
Resistance should appear near the 1334 to 1346

DECEMBER SOYMEAL
Resistance
should appear near the 355.3 to 356.3           
Support should appear near 332.8 to 331.9

DECEMBER BEAN OIL
Resistance
should appear near  5640 to 5653      
Support should appear near 5211 to 5200


 

DEC CORN
Resistance should
appear near 714 ¼ to 717
Support should appear 659 ¼ to 657 ¾

DECEMBER WHEAT
Resistance should
appear near region 748 ¾ to 751 ¼   
Support should appear 683 ¾ to 680 ¾ and 667 ¾ to 665 ¾
BW Traders can buy at 668 for the pull into Autumn.                          

                                              THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 11690 to11640.
 Resistance should appear near the 11920 to 12030 region.   Trade accordingly

 

OCTOBER HOGS

Resistance should appear near 9137 to 9157   
Support should appear near 8777 to 8762
 
DECEMBER HOGS

Resistance should appear near 8857 to 8872
Support should appear near 8317 to 8302
                                             


                           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 2928 to 2937
Support should appear near 2620 to 2612. 

DEC COTTON
Resistance
should appear near 10104 to 10136
Support should appear 9347 to 9316
 
           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill
wil@futurescom.com  

Wednesday August 10, 2011 7:30 AM South Florida Beach Time