Jan 152015
 

Day Trading and Investment Comments  Friday January 16, 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

 

Thursday January 15, 2015

4:00 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 the 16,960.00 to 16,890.00 region.
Resistance is at the 17,740.00 to 17,800.00 region.
DOW JONES TRANSPORTS

Support should appear near 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 1996.00 then 2015.00 and the 2034 .00 to 2042.00 region.

Support should appear near the 1953.00 to 1946.00 region. BW Traders can buy at 1953.50 for a bounce and risk 10 points. Below that a test of 1909.00 to 1902.00 is likely

 

NASDAQ COMPOSITE

Resistance should appear at 4639 to 4650 then 4695.00 to 4717.00 and 4775.00 to 4785.00
Support should appear near 4514.00 to 4504.00 then 4446.00 to 4425.00 and the 4381.00 to 4370 region.
MARCH E-MINI NASDAQ 100
Support should appear near 3992.00 to 3982.00 and the 3867 to 3858 region.
Resistance is at 4163.00 to 4183.00 and 4238 to 4249.


MARCH E-MINI RUSSELL 2000

Resistance should appear near 1164 to 1169.00 and 1192.00 to 1203.00.
Support should appear near 1136.00 to 1130.00 then 1101.00 to 1096.00 and the 1068.00 to 1058.00 region.

 

MARCH 30 YR BONDS

Resistance should appear near 153-21 and 154-07
Support should appear near 148-21 and 147-22 and 147-17

 

MARCH 10 YR NOTE

Resistance should appear near 133-21 and 134-17
Support should appear near 128-21 and 128-07.                                                 

  

                                             THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 9706 to 9737

Support should appear near 9156 to 9140 and 9060 to 9044
MARCH JAPANESE YEN
Resistance should appear near 8668 to 8683 and 8762 to 8777
Support should appear near 8499 to 8484 then 8445 and 8406 to 8391
MARCH EURO CURRENCY

Support should appear near the 11360 to 11300 and 11010 to 10960
Resistance should appear near 11805 and 11920 to 120030.

Stay tuned for Flashes

 

MARCH SWISS FRANC

Resistance should appear near 11920 to 12030 and the 12320 to 12380 region
Support should appear near 11360 to 11300 and 11010 to 10960
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 and 8484 to 8499
Support should appear near 8223 to 8119

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 1268.0 to 1274.0 and 1304.0 to 1310.0

Support should appear near 1238.0 to 1232.0 then 1217.5 and 1203.0 to 1192.0

 

MARCH COPPER
Resistance should appear near 26120 to 26200 then 26630 to 26720 and 27160 to 27240

Support should appear near 23700 to 23540 and the 23220 to 23150 region. Below that a test of 21850 to 21700 is likely.
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

MARCH CRUDE OIL

Support should appear near 4315 to 4304 then 4120 to 4110 and the 3929 to 3909 region.
Resistance should appear near 4695 to 4717 then 4845 to 4856 and the 4915 to 4926 and 4973 to 4995 region.
MARCH BRENT CRUDE OIL

Support should appear near 4785 to 4775 and 4717 to 4695 and the 4582 to 4571 region.
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 16420 to 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 12740 to 12680 region. Below that a test of 12380 to 12320 is likely. Under that a trade towards 12030 to 11920 is likely to occur.
Resistance should appear near 13770 to 13830 and the 14150 to 14210 region.
MARCH NATURAL GAS
Support should appear near 3.102 to 3.092 and 2.937 to 2.928
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 973 34/ to 970 ¼

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 528 ¼ to 525 ¾ and the 506 ¾ to 505 ¾
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 and 15132

Resistance should appear near 15527 and 15690 to 15760

     

APRIL CATTLE

Support should appear near 15127 then 15077 and 14960 to 14840

Resistance should appear near 15347 to 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 1529 to 1535 and the 1569 to 1576 region
Support should appear near 1496 to 1484 then 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

 

Thursday January 15th, 2015 6:30 PM South Florida Beach Time
THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE.

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