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FuturesCom
Morning Futures and Investment Comments
Tuesday December 20, 2011
 


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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

     

      

      

 

 

 

 


"

    ‘Courage in a Speculator is merely confidence to act on the decision of his mind’

 


Monday December 19, 2011

2:00 PM South Florida Beach Time

      
           The Sensational Stock and Bond Markets


Dow Jones Industrial Average
Support should appear near 11,805.00 and the 11,690.00 to 11,640.00 region
Resistance should appear near 12,320.00 to 12,380.00

march DEc E-Mini sp500
Resistance should appear near 1232.00 to 1238.00 and the 1268.00 to 1274.00 region
Support should appear near 1203.00 to 1192.00, a close under is negative and augurs for a test of
1169.00 to 1164.00


 

NAsdaq Composite
Resistance
should appear near 2612.00 to 2620
Support should appear near 2519.00 to 2511.00  

march E-Mini NasdaQ 100
Resistance
should appear near 2267.00 to 2275.00        
Support
should appear near the 2185.00 to 2170 region

march E-
Mini RUSSELL 2000
Resistance
should appear near  732.80 to 734.20 and the 741.40 to 742.80 region. 
Support should appear near 708.80 to 707.40 and the 700.30 to 699.00 region. Below that a test of 691.90 to 690.60 is likely.  


MARCH 30 YR BOND
Resistance
should appear near 146-07. Beyond that sellers should appear near 147-07
Support should appear near 144-21 and 143-21.

MARCH 10 yr Note
Resistance should appear near 132-07 and 132-21
Support should appear near 130-21 and 130-07
.  
                          The Frenzied Forex Front
March dOLLAR iNDEX
Resistance
should appear near 8119 to 8134.          
Support should appear near 8044 to 8029

march JAPANESE Yen
Resistance
should appear near 13040 to 13100.      
Support should appear near 12740 to 12680      
           

march EURO currency
Support should appear near 12890 and the 12740 to 12680 region        
Resistance should appear near 13040 to 13100 and 13215.


march SWISS FRANC
Resistance should appear near 10805 and the 10960 to 11010 region
Support should appear near 10680 to 10580    

MARCH BRITISH POUND
Support should appear near the 15350 to 15290 region
Resistance should appear near 15690 to 15760.

MARCH CanadIAN Dollar
Resistance
should appear near 9706 to 9737
Support should appear near 9542 to 9526    


MARCH AUSSIE DOLLAR
Resistance
should appear near 10021 to 10037
Support should appear near 9737 to 9706 and 9542 to 9526.


                              The Precious Metals
FEB gold
Resistance
should appear near 1609 to 1615 and the 1642 to 1655 region.         
Support is near 1576 to 1569 below that a test of 1535 to 1529    

MARCH COPPER
Resistance should appear near 33770 to 33860 and 34250 to 34430 region.  
Support should appear near 32130 to 31940 and  30450 to 30360 .  
    
MARCH Silver 
Resistance
should appear near 3034 to 3045 and the 3194 to 3213 region  
Support is at the 2775 to 2758 region. Below that a test of 2620 to 2612 is likely.


 

                                      The Exciting Energies  
FEB CRUDE Oil
Resistance should appear near 9429 to 9445 and 9526 to 9542
Support should
appear near 9347 to 9316 and the 9156 to 9140 region  

february HeaTING Oil
Support
should appear near 27240 to 27160 and 26720 to 26630.  
Resistance should appear near 28740 to 28830 and the 29280 to 29370 region.              

february UNLEADED Gas
Support
should appear at 24690 to 24610 and the 23700 to 23540 region  
Resistance should appear near 25520 to 25680 and the 26120 to 26200 region.   

february NATURAL Gas
Support
should appear at 3102 to 3092 and 2990 to 2972          
Resistance should appear near 3319 to 3328.             
                                                      

                                THE GRANDE’ GRAINS
MARCH SOYBEANS
Support
should appear near 1136 to 1130.    
Resistance should appear near 1164 to 1169

MARCH SOYMEAL
Resistance
should appear near the 297.2 to 299.0. Beyond that sellers should appear near 303.6 to 304.5.                
Support should appear near the 288.3 to 287.4
 Trade accordingly


 

MARCH BEAN OIL
Resistance
should appear near 5056 to 5067        
Support should appear near 4915 to 4926 .   

MARCH CORN
Resistance should
appear near 602 ¼ to 603 ½ and  610 ¼ to 611 ¼           
Support should appear near  588 to 585 ½ and 572 ¾ to 571 ¾     
 
MARCH WHEAT
Resistance should
appear near 610 ¼ to 611 ¼ region        
Support should appear near the 572 ¾ to 571 ¾ region. .
  
   
                                      
THE LIVELY LIVESTOCK
FEB CATTLE
Support
should appear near 12030 to 11920.   
Resistance should appear near 12155 and the 123220 to 12380 region, which should cap a rally.    

FEB HOGS
Support
should appear near 8227 to 8192 and the 8137 to 8117 region
Resistance should appear near 8492 to 8502
                             
                     
The Satisfying Softs
MARCH COFFEE

Support should appear near 21260 to 21340 and the 20420 to 20340 region.
Resistance should appear near 22190 to 22260 and the 22670 to 22750 region
 
MARCH COCOA
Resistance
should appear near 2170 to 2185 and the 2219 to 2226 region
Support should appear near  2042 to 2034 and the 1996 to 1982 region.         


MARCH SUGAR
Support
is at the 2275 to 2267 and the 2226 to 2219 region.          
Resistance should appear near 2354 to 2370 and the 2411 to 2419   

MARCH COTTON
Resistance
should appear near the 8762 to 8777 region. Beyond that sellers should appear near
9044 to 9060 and cap a rally.
Support should appear 8589 to 8560 and the 8499 to 8484 region.       

 

              --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill
wil@futurescom.com
Monday December 19, 2:40 PM South Florida Beach Time