Day Trading and Investment Comments Thursday January 15, 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
“The best thing about the future is that it comes one day at a time.”- Abraham Lincoln
Wednesday January 14, 2015
1:00 PM South Florida Beach Time
Traders should continue to 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 17,310.00 and the 16,960.00 to 16,890.00 region.
Resistance is at 17,570.00 and the 17,740.00 to 17,800.00 region.
DOW JONES TRANSPORTS
Support should appear near 8668.00 and the 8590.00 to 8560 region. Below that a test of 8499.00 to 8484.00 is likely
Resistance is at 8762.00 to 8777.00 then 8856.00 to 8871.00 and 8934.00 to 8964.00
MARCH E-MINI SP500
Nearby Resistance is at 2015.00 and the 2034 .00 to 2042.00 region.
Support should appear near 1996.00 to 1982.00 and the 1953.00 to 1946.00 region. BW Traders can buy at 1953.50 for a bounce and risk 10 points.
NASDAQ COMPOSITE
Resistance should appear at 4695.00 to 4717.00 and 4775.00 to 4785.00
Support should appear near 4582.00 to 4571.00 and the 4514.00 to 4504.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 4110.00 and the 4056.00 to 4046.00 region. Below that a test of 3992.00 to 3982.00 is likely.
Resistance is at 4163.00 to 4183.00 and 4238 to 4249.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1192.00 to 1203.00.
Support should appear near 1150.00 and the 1136.00 to 1130.00 region.
MARCH 30 YR BONDS
Resistance should appear near 150-21 and 151-07
Support should appear near 148-21 and 147-22.
MARCH 10 YR NOTE
Resistance should appear near 130-07 and 131-07
Support should appear near 128-21 and 128-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near the 9316 to 9347 region.
Support should appear near 9156 to 9140.
MARCH JAPANESE YEN
Resistance should appear near the 8560 to 8589 and the 8668 to 8683 region.
Support should appear near 8499 to 8484 then 8445 and 8406 to 8391
MARCH EURO CURRENCY
Support should appear near the 11690 to 11640 region.
Resistance should appear near 11805 and 11920 to 120030.
Stay tuned for Flashes
MARCH SWISS FRANC
Resistance should appear near 9837 and 9921 to 9937
Support should appear near 9737 to 9706, below that a test of 9641 to 9625 is likely
Trade Accordingly
MARCH BRITISH POUND
Support should appear near the 14960 to 14840 region.
Resistance should appear near 15290 to 15350.
MARCH CANADIAN DOLLAR
Resistance should appear near 8391 to 8406.
Support should appear near 8314 to 8300.
MARCH AUSSIE DOLLAR
Support should appear near 8044 to 8029 and the 7954 to 7939 region.
Resistance should appear near 8194 to 8223 and 8300 to 8314. BW Traders can sell at 8297 and risk a close over 8321 for three days in a row. Stay tuned for Forex flashes and updates.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1238.0 then 1253.0 and the 1268 to 1274 region.
Support should appear near 1217.5 and 1203.0 to 1192.0
MARCH COPPER
Resistance should appear near 25520 to 25680 and the 26120 to 26200 where sellers should cap a rally.
Support should appear near 23700 to 23540 and the 23220 to 23150 region.
MARCH SILVER
Support should appear near 1655 to 1642 and the 1576 to 1569 region.
Resistance is at 1731 to 1738 and 1774 to 1780.
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Support should appear near 4785 to 4775 and the 4650 to 4639 region.
Resistance should appear near 4915 to 4926 and 4973 to 4995
MARCH CRUDE OIL
Support should appear near 4717 to 4695 then 4650 to 4639 and 4582 to 4571. Below that buyers should appear near 4514 to 4503.
Resistance should appear near 4915 to 4926 and the 4973 to 4995 region. Beyond that sellers should appear near 5056 to 5067.
MARCH BRENT CRUDE OIL
Support should appear near 4785 to 4775 and 4717 to 4695.
Resistance should appear near 5056 to 5067 and 5127 to 5139.
FEBRUARY HEATING OIL
Support should appear near 15760 to 15690 and the 15350 to 15290 region.
Resistance should appear 16550 then 16890 to 16960 and 17740 to 17800. BW Traders can sell at 17730 and hold for lower prices.
FEBRUARY UNLEADED GAS
Support should appear the 13100 to 13040 and the 12740 to 12680 region. Below that a test of 12380 to 12320 is likely.
Resistance should appear near 13770 to 13830 and the 14150 to 14210 region.
MARCH NATURAL GAS
Support should appear near 3.157 to 3.148 and 3.102 to 3.092
Resistance should appear near 3.319 to 3.328 and the 3.425 to 3.443 region.
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1003 ¾ to 1002 ¾, below that a test of 993 3/4 to 992 1/4 is likely.
Resistance should appear near 1010 ½ to 1013 ¾ and 1032 to 1036
MARCH SOYOIL
Support should appear near 3213 to 3194 region. Below that a test of 3102 to 3092 is likely.
Resistance should appear near 3319 to 3328 and 3425 to 3443
MARCH SOYMEAL
Resistance should appear near 337.7 to 338.6 and the 342.5 to 344.3 region.
Support should appear near 327.0 to 326.1 and 321.3 to 319.4
MARCH CORN
Support should appear near 374 ¾ to 373 ¾ and 368 ¼ to 366 ¼
Resistance should appear near 385 ¾ to 386 ¾ and 390 ¾ to 392 ¾
MARCH WHEAT
Support should appear near 535 ¾ to 534 ½ and the 528 ¼ to 525 ¾ region.
Resistance should appear near 541 ¾ to 543 and 549 ½ to 550 ¼
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760
APRIL CATTLE
Support should appear near 15290 and 15127
Resistance should appear near 15417 and 15527
FEBRUARY HOGS
Support should appear near 7512 to 7487 and 7427 to 7417
Resistance should appear near 7587 to 7602 and 7672 to 7687
APRIL HOGS
Support should appear near 7687 to 7672 and 7602 to 7587
Resistance should appear near 7837 to 7867 and 7937 to 7952
JUNE HOGS
Support should appear near 8772 to 8762 and the 8687 to 8667 region.
Resistance should appear near 8852 to 8872 and 8932 to 8967
Stay Tuned for Livestock Flashes.
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 18080 to 18220 and 18580 to 18650
Support should appear near 17380 to 17310 and the 16960 to 16890 region
MARCH COCOA
Resistance should appear near 2990 and 3036 to 3045.
Support should appear near 2937 to 2928 and the 2883 to 2872 region. .
MARCH SUGAR
Resistance is near 1496 and 1529 to 1535.
Support should appear near 1459 to 1453 and 1421 to 1415.
MARCH COTTON
Support should appear near 5880 to 5855 and the 5805 to 5790 region.
Resistance is at 5945 to 5957 and 6023 to 6035.
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 14th, 2015 3:40 PM South Florida Beach Time
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