Jan 072015
 

 Day Trading and Investment Comments Thursday January 08, 2015 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial  see  https://futurescom.com/free-trial

Wednesday January 07, 2015

12:00 Noon, South Florida Beach Time

 

Traders should stay nimble and stay tuned for flashes and updates for all markets.

                                     THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE
Support is near 17,380.00 to 17,310.00 and 17,135.
Resistance is at the 17,740.00 to 17,800 region.
DOW JONES TRANSPORTS

Support should appear near 8683.00 to 8668.00 and the 8589.00 to 8560.00 region.

Resistance is at 8856.00 to 8871.00 and 8934.00 to 8964.00

 

MARCH E-MINI SP500

Resistance should appear near 2034.00 to 2042.00

Support should appear near 1996.00 to 1982.00

 

NASDAQ COMPOSITE

Resistance should appear at 4695.00 to 4727.00 and 4775.00 to 4785.00
Support should appear near 4571.00 then 4514.00 to 4503.00 and 4446.00 to 4425.00
MARCH E-MINI NASDAQ 100
Support should appear near 4110.00 then 4056.00 to 4046.00 and 3992.00 to 3982.00
Resistance is at 4163.00 to 4183.00 and 4238.00 to 4249.00


MARCH E-MINI RUSSELL 2000

Resistance should appear near 1169.00 then 1180.50 and 1192.00 to 1203.00
Support should appear near 1150.00 then 1136.00 to 1130.00 and 1115.00

 

MARCH 30 YR BONDS

Resistance should appear near 148-07 then 148-22 and 149-07

Support should appear 147-12 and 146-22.

 

MARCH 10 YR NOTE

Resistance should appear near 129-07 and 129-22

Support should appear near 127-22 and 127-12                                               

 

                                            THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near the 9316 to 9347 region.

Support should appear near 9156 to 9144.

 

MARCH JAPANESE YEN
Resistance should appear near the 8484 to 8499. BW Traders can sell at 8481 and hold for lower prices.  Risk a close over 8507 for three days in a row.
Support should appear near the 8314 to 8300 region.
BW Traders should go short if a close under 8388 occurs.
MARCH EURO CURRENCY

Support should appear near 11805 and the 11690 to 11640 region.
Resistance should appear near 11920 to 12030.

 

MARCH SWISS FRANC

Resistance should appear near 9921 to 9937 and 9979. BW Traders can sell at 9917 and hold for lower prices.
Support should appear near 9837 to 9821, below that a test of 9737 to 9706 is likely.
Trade Accordingly

 

MARCH BRITISH POUND

Support should appear near the 14960 to 14840 region.
Resistance should appear near 15122 and the 15290 to 15350 region.
MARCH CANADIAN DOLLAR

Resistance should appear near 8484 to 8499 and 8560 to 8589. BW Traders can sell at 8527 and risk a close over 8593 for three days in a row.
Support should appear near 8406 to 8391, below that as test of 8314 to 8300 is likely.
MARCH AUSSIE DOLLAR
Support should appear near 7954 to 7939 and the 7864 to 7836 region.
Resistance should appear near 8044 and the 8119 to 8134 region.                                                                                                  

                                                  

                                               THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1217.5 and the 1232.0 to 1238.0 region.

Support should appear near 1203.0 to 1192.0.

 

MARCH COPPER
Resistance should appear near 27750 then 28200 to 28290 and 28740 to 28830

Support should appear near 26720 to 26630 and 26200 to 26120
MARCH SILVER

Support should appear near 1642 then 1615 to 1609 and 1576 to 1569

Resistance is at 1689 to 1696 and 1731 to 1738

 

                                                 THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 4717 to 4695 and the 4514 to 4503 region.
Resistance should appear near 4915 to 4926 and 5056 to 5067.
MARCH BRENT CRUDE OIL
Support should appear near 5127 then 5067 to 5056 and the 4926 to 4915 region.
Resistance should appear near 5259 to 5282 and 5344 to 5356

 

FEBRUARY HEATING OIL

Support should appear near 16550 to 16420 and the 16150 to 16090 region.

Resistance should appear 17310 to 17380 and 17740 to 17800.
 

FEBRUARY UNLEADED GAS

Support should appear 13100 to 13040 and the 12740 to 12680 region.
Resistance should appear near 13460 and 13770 to 13830
FEBRUARY NATURAL GAS

Support should appear near 2.775 to 2.758 and 2.724 to 2.716
Resistance should appear near 2.874 to 2.883 and 2.972 to 2.990                                                                                              

Stay Tuned for Energy Flashes

 

                                                 THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1047 and 1036 to 1032

Resistance should appear near 1058 to 1068 then 1083 and 1096 to 1101

 

MARCH SOYOIL
Support should appear near 3270 to 3261 and 3213 to 3194
Resistance should appear near 3377 to 3386 and 3425 to 3443

 

MARCH SOYMEAL
Resistance should appear near 355.3 to 356.2 and the 361.3 to 362.3 region.

Support should appear near 350.3 to 349.3 and 338.6 to 337.7
MARCH CORN

Support should appear near 392 ¾ to 390 ¾ and the 386 ¾ to 385 ¾ region.
Resistance should appear near 398 ½ to 399 then 404 ¾ to 405 ¾ and the 411 to 412 region.
MARCH WHEAT
Support should appear near 579 ¼ and 572 ¾ to 571 ¾, below that a test of 565 ¼ to 564 is likely
Resistance should appear near 585 ½ to 688 and the 594 ½ to 595 ¾ region.                                                                                                              

 

 

 

 

                                                    THE LIVELY LIVESTOCK

FEBRUARY CATTLE
Support should appear near 16550 to 16422 and 16357

Resistance should appear near 16722 and 16807

     

APRIL CATTLE

Support should appear near 16417 and 16227

Resistance should appear near 16557 then 16672 and 16722.

 

FEBRUARY HOGS

Support should appear near 7867 to 7837 and the 7777 to 7762 region.

Resistance should appear near 7992 then 8027 to 8047 and the 8117 to 8132 region
APRIL HOGS

Support should appear near 8137 to 8117 and the 8047 to 8027 region.

Resistance should appear near 8227 and the 8302 to 8317 region.


JUNE HOGS

Support should appear near 9062 to 9042 then 8967 to 8932 and the 8872 to 8857 region.

Resistance should appear near 9100 and the 9137 to 9157 region. Beyond that sellers should appear near 9237 and the 9312 to 9347 region.

Stay Tuned for Livestock Flashes.

 

                                               THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 17740 to 17800 and the 18080 to 18220 region.

Support should appear near 17380 to 17310 and the 16960 to 16890 region.

 

MARCH COCOA

Resistance should appear near 2928 to 2937 and 2972 to 2990.

Support should appear near 2883 to 2874 and the 2775 to 2758 region.

 

MARCH SUGAR

Resistance is near 1484 to 1496 and 1529 to 1535
Support should appear near 1459 to 1453 and 1421 to 1415


MARCH COTTON

Support should appear near 5957 to 5945 and 5880 to 5855

Resistance is at 6023 to 6035 and 6101 to 6113

 

                                      Stay tuned for Flashes and Updates in all Markets

 

–A Ship in Harbor is Safe…But that is not what ships are built for –

Happy Trading!

Bill wil@futurescom.com

 

Wednesday January 07, 2015 2:30 PM South Florida Beach Time
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