Futures Trading Newsletter , Bi-Weekly Investment Outlook #479.
FuturesCom Futures Trading Newsletter Sunday July 26, 2015. SP500 and Equity Indices • Bonds • Currency Trading • Forex • Precious Metals • Energy • Grains • Livestock • Coffee • Sugar • Cocoa • Cotton. for a Free Two Week trial to our Futures Trading Newsletter see https://futurescom.com/free-trial-2
Sunday July 26, 2015
3:00 AM, South Florida Beach Time
Traders should continue to expect wide movements in all markets. Stay tuned for flashes, updates and additional recommendations. Analysis for global equity and foreign exchange markets are available upon request. For cross-country or country-by-country analysis for trading and hedging, please call or email a request.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 17,560.00. Below that a test of 17,380.00 to 17,310.00 is likely. Failure to hold is negative and augurs for an eventual test of 16,960.00 to 16,890.00
Resistance is at 17,774.00 to 17,800.00, beyond that sellers should appear near 17,94.00 and the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS
Support should appear near 8044.00 to 8029.00 , below that buyers should appear near and the 7777.00 to 7763.00 region. Failure to hold indicates an eventual test of 7342.00 to 7328.00
Resistance is at 8194.00 to 8223.00 and the 8300.0 to 8314.00 region. Beyond that sellers should appear near 8391.00 to 8406.00 and cap a rally
SEPT E-MINI SP500
Resistance should appear near 2080.00 to 2089.00 and 2107.50. Beyond that sellers should appear near 2126.00 to 2134.00. BW Traders can sell at 2125.75 and risk a close over 2135.75 for three days in a row. Support should appear near 2061.500 the 2042.00 to 2034.00 region. Below that 1996.00 to 1982.00 should hold. BW Traders can buy at 1996.25 and risk a close under 1981.75 for three days in a row.
NASDAQ COMPOSITE
Resistance should appear at 5127.00 to 5139.00 and the 5259.00 to 5282.00 region. Beyond that a test of 5344.00 to 5456.00 is likely. Support should appear near 4995.00 to 4973.00 and the 4926.00 to 4915.00 region.
SEPT E-MINI NASDAQ 100
Support should appear near 4514.00 to 4504.00 and the 4446.00 to 4425.00 region. Where buyers should appear and contain a decline. Resistance is at 4571.00 to 4582.00 region. Beyond that sellers should appear near 4639.00 to 4650.00 and the 4695.00 to 4717.00 region.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00 and the 1268.00 to 1274.00 region.
Support should appear near support is near 1203.00 to 1192.00, failure to hold is negative and augurs for a test of 1169.00 to 1164.00
SEPT 30 YR BONDS
Resistance should appear near 155-07. Beyond that sellers should appear near 156-21 and 157-07 and cap a rally.
Support should appear near 153-21 and 152-22. Below that 151-17 should contain a decline.
SEPT 10 YR NOTE
Resistance should appear near 127-12 and 128-22. Beyond that sellers should appear near 130-07 and cap a rally. Support should appear near 125-21 then 125-07 and 124-21.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9821 to 9837, a close over is friendly and augurs for a test of 9921 to 9937. Support should appear near 9706 and the 9641 to 9625 region. Which should contain a decline for a bit. SEPT JAPANESE YEN
Resistance should appear near 8119 to 8134 and the 8194 to 8223 region. Support should appear near 8044 to 8029. Below that buyers should appear near 7954 to 7939.
SEPT EURO CURRENCY
Support should appear 10960, a close under is negative and augurs for a test of 10680 to 10580. Resistance should appear near 11010 and 11155. Beyond that sellers should appear near 11300 to 11360.
SEPT SWISS FRANC
Resistance should appear near 10470 and the 10580 to 10680 region, which should cap a rally.
Support should appear near 10360 to 10320, below that a test of 10136 to 10104 is likely.
SEPT BRITISH POUND
Support should appear near the 15350 to 15290 region. Below that a test of 14960 to 14840 is likely. Resistance should appear near 15690 to 15760 and 15917.
SEPT CANADIAN DOLLAR
Resistance should appear near 7575 to 7689 and 7763 to 7777. Traders can sell at 7761 and risk a close over 7781 for three days in a row.
Support should appear near 7601 to 7587, below that an eventual test of 7342 to 7328 is likely.
SEPT AUSSIE DOLLAR Resistance should appear near 7328 to 7342 and 7414 to 7428
Support should appear near 7170 to 7143, failure there augurs for a test of 7088 to 7074. Stay tuned for Forex Flashes
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1096 to 1101 and the 1130 to 1136 region.
Support should appear near 1069 to 1064, below that a test of 1036 to 1032 and eventually the 1005 to 1000 region..
SEPT COPPER Resistance should appear near 24110 to 24190 and the 24610 to 24690 region. Where sellers should appear and cap a rally. Above that 25110 to 25190 should being out sellers.
Support should appear near 23700 to 23540, a close under is negative and augurs for a test of
23220 to 23150 and the 22750 to 22670 region. Below that buyers should appear near 21850 to 21700 and contain a decline.
SEPT SILVER
Support should appear near 1421 to 1415 and the 1383 to 1377 region. Below that a test of 1346 to 1334 is likely and should contain a decline.
Resistance is at 1453 to 1459 and the 1484 to 1496 region. Beyond that sellers should appear near 1529 to 1535 and cap a rally.
THE EXCITING ENERGIES
SEPT CRUDE OIL
Support should appear near 4785 to 4775 and the 4717 to 4695 region.
Below that a test of 4650 to 4639 is likely.
Resistance should appear near 4845 to 4856 and the 4915 to 4926 region. Beyond that sellers should appear near 4973 to 4995 and the 5056 to 5067 region.
OCT CRUDE OIL
Support should appear near 4717 to 4695 and the 4582 to 4571 region
Resistance should appear near 4915 to 4926 and the 5127 to 5139 region
SEPT BRENT CRUDE OIL
Support should appear near 5356 to 5344 and the 5067 to 5056 region
Resistance should appear near 5553 to 5577 and 5640 to 5653. Beyond that sellers should appear near 6716 to 5729 and cap a rally.
SEPT HEATING OIL
Support should appear near 16150 to 16090. A close under is negative and augurs for a test of 15769 to 15690 and the 15350 to 15290 region.
Resistance should appear 16420 to 16550 and the 17310 to 17380 region.
SEPT UNLEADED GAS
Support should appear near 17800 to 17740 and 17380 to 17310. Below that a test of 16960 to 16890 is likely to occur.
Resistance should appear 18080 to 18220 and 18580 to 18650. Beyond that sellers should appear near 19020 to 19090.
SEPT NATURAL GAS
Support should appear near 2.775 to 2.758 Resistance should appear near 2.874 to 2.883
Stay tuned for Energy Flashes
THE GRANDE’ GRAINS
NOVEMBER SOYBEANS
Support should appear near 934 ¾ to 931 ¾ and 906 to 904 ½
Resistance should appear near 970 ¾ to 973 ¾ and 982 ¼ to 9823 ½ Beyond that sellers should appear near 992 ¼ to 993 ¾ cap a rally. Traders can sell at 992 and risk a close over 1004 for three days in a row.
DECEMBER SOYOIL Support should appear near 2990 to 2972 and the 2883 to 2874 region.
Resistance should appear near 3148 to 3157 and the 3194 to 3213 region, where sellers should appear and cap a rally.
DECEMBER SOYMEAL Resistance should appear near 337.7 to 338.6 and 342.5 to 344.3 . Beyond that sellers should appear near 349.3 to 350.3 and cap a rally.
Support should appear near the 327.0 to 326.1 region. A close under is negative and augurs for a test of 315.7 to 314.8
DECEMBER CORN
Support should appear near 386 3./4 to 385 ½ and the 374 ¼ to 373 ½ region. Resistance should appear near 416 ¼ to 418 ½ and 423 ¾ to 424 3/4 .
DECEMBER WHEAT Support should appear near 485 ¾ to 484 ½ and 465 to 463 ¾
Resistance should appear near 525 ¾ to 528 ¼ and 534 ½ to 535 ¾
Stay tuned for Grain flashes and updates.
THE LIVELY LIVESTOCK
OCTOBER CATTLE Support should appear near 14212 to 14150 region. Below that a test of 13830 to 13770 is likely.
Resistance should appear near 14530 to 14590 and 14712. Beyond that sellers should appear near
14840 to 14960 and cap a rally.
DECEMBER CATTLE
Support should appear near 14590 to 14530 and the 14210 to 14150 region.
Resistance should appear near 14840 to 14960 and the 15290 to 15350 region.
AUGUST HOGS Support should appear near 7687 to 7672 and the 7602 to 7587 region. Below that a test of 7342 to 7327 is likely.
Resistance should appear near 7832 to 7867 and 7937 to 7957
OCTOBER HOGS
Support should appear near 6352 to 6327, an extended trade under or close under is negative and augurs for a test 6270 to 6257 and eventually the 6192 to 6162 and 6117 to 6102 region. Below that a test of 6037 to 6022 is likely.
Resistance should appear near 6417 to 6432. Beyond that sellers should appear near 6577 to 6592 and the 6657 to 66672 region. Traders can sell at 6572 and hold for lower prices.
Stay tuned for Livestock flashes and updates.
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 12680 to 12740. Traders can sell at 12675 and hold for lower prices.
Beyond that sellers should appear near 13040 to 13100 and the 13340 to 13460 region. Support should appear near the 12030 to 11920 region. Below that a test of 11690 to 11640 is likely.
SEPTEMBER COCOA
Support should appear near 3102 to 3092, failure there is negative and augurs for a test of
3045 to 3036 and the 2990 to 2972 region.
Resistance should appear near 3194 to 3213 and the 3319 to 3326 region. Beyond that sellers should appear near 3377 to 3386.
OCTOBER SUGAR
Resistance is near 1130 to 1130 and the 1164 to 1169 region. Beyond that sellers should appear near 1192 to 1203 Support should appear near 1101 to 1096 and the 1036 to 1032 region. Below that a test of 1005 to 1000 is likely.
DECEMBER COTTON
Support should appear near 6430 to 6417 and 6350 to 6327 region. Below that a test of 6035 to 6023 is likely.
Resistance is at 6483 to 6509 and the 6659 to 6673 region. Beyond that sellers should appear near 6743 to 6755 and cap a rally.
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 Sunday July 26, 2015 2:15 PM South Florida Beach Time
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