Line in the Sand

            Trend
  Commodity Symbol Month Sentiment Support Resistance short medium long
Energy                
Crude oil CL V BULLISH 71.50/71.75 75.00 UP UP UP
Heating oil HO V NEUTRAL 1.88/1.90 1.96/1.98 SIDEWAYS UP UP
Gasoline XRB V NEUTRAL 1.8350/1.8450 1.94 SIDEWAYS UP UP
Natural gas NG V BEARISH 3.00 3.60 DOWN DOWN DOWN
Livestock                
Live cattle LC V NEUTRAL 88.25, 87.50 89.25/89.75 SIDEWAYS SIDEWAYS SIDEWAYS
Feeder cattle FC U NEUTRAL 99.60 101.60 SIDEWAYS UP SIDEWAYS
Lean hogs LH V BEARISH 44.50 47.85, 50.00 UP DOWN DOWN
Financials                
Dow DJ U BULLISH 9200, 9080 9500, 9900 UP UP UP
S&P 500 SP U BULLISH 990, 975 1050.00 UP UP UP
30-yr Bonds US U NEUTRAL 118’00 121’10 UP SIDEWAYS SIDEWAYS
10-yr Notes TY U NEUTRAL 116’00 119’00 UP SIDEWAYS SIDEWAYS
Euro-dollars ED M 10′ NEUTRAL 98.55, 98.25 98.84 UP SIDEWAYS SIDEWAYS
Currencies                
Euro EC U BULLISH 1.4100 1.4450 UP SIDEWAYS UP
Aussie AD U BULLISH 0.8150 0.8450 SIDEWAYS UP UP
Swissie SF   NEUTRAL 0.9325 0.9500 UP SIDEWAYS SIDEWAYS
Loonie CD U BULLISH 0.9075 0.9400 UP UP UP
Cable BP U NEUTRAL 1.6350 1.6800 SIDEWAYS SIDEWAYS UP
Yen JY U NEUTRAL 1.0500 1.0700 UP SIDEWAYS SIDEWAYS
Kiwi   U BULLISH 0.6670 0.6870 UP UP UP
Us dollar  DX U BEARISH 77.50 78.75 DOWN DOWN DOWN
Grains                
Corn C U BEARISH 310’0 340’0 SIDEWAYS DOWN DOWN
Soybeans S U NEUTRAL 985’0 1050’0 SIDEWAYS UP SIDEWAYS
Soybean oil BO U NEUTRAL 35.25/35.50 37.50 SIDEWAYS UP SIDEWAYS
Soy bean meal SM U NEUTRAL 275, 280 305, 310 SIDEWAYS UP SIDEWAYS
CBOT wheat W U BEARISH 450’0 480’0 DOWN DOWN DOWN
KC wheat KW U BEARISH 485’0 520’0 DOWN DOWN DOWN
Oats O U NEUTRAL 190’0 220’0 UP SIDEWAYS DOWN
Softs                
Cocoa CO  Z BULLISH 2800.00 3000, 3100 SIDEWAYS SIDEWAYS UP
Sugar #11 SB H 10′ BULLISH 22.00 25.00 SIDEWAYS UP UP
Cotton CT Z NEUTRAL 55.00 62.50 DOWN SIDEWAYS SIDEWAYS
Coffee KC Z BEARISH 120.00 131.00 DOWN SIDEWAYS SIDEWAYS
Orange
juice 
OJ X BEARISH 89.00 104.00, 107.00 DOWN UP SIDEWAYS
Lumber LB X BEARISH 170.00 185.00 DOWN DOWN SIDEWAYS
Metals                
Gold  GC Z BULLISH 933, 910 963, 975 SIDEWAYS SIDEWAYS SIDEWAYS
Silver SI U BULLISH 13.80, 13.40 14.50, 15.00 SIDEWAYS UP SIDEWAYS
Copper HG Z BULLISH 2.70 2.98 SIDEWAYS UP UP
   
Month
– Jan F, Feb G, Mar H, Apr J, May K, June M, July N, Aug Q, Sept U, Oct V,
Nov X, Dec Z
 
Trend
– short 7 day,medium 30 day, long 90 day
 
   
Risk
Disclosure: The risk of loss in trading commodity futures
and options can be substantial. Before 
trading 
MB
Wealth recommends that you should carefully consider your financial position
to determine if commodity trading is appropriate for you. 
All
funds committed should be purely risk capital. Past performance is no
guarantee of future trading results.

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