Futures Trading Investment Comments

Wednesday  May 18, 2016 Day Trading  Stock Index Futures •   Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.

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Tuesday May 17, 2016

9:00 PM, South Florida Beach Time

                                             THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE Support is at the 17,380.00 to 17,310.00 region.

Resistance is at 17,560.00 and the 17,740.00 to 17,800.00 region.

 

DOW JONES TRANSPORTS

Support should appear near 7513.00 to 7486.00 and the 7342.00 to 7328.00 region. Resistance should appear near 7675.00 to 7689.00 and 7763.00 to 7777.00 JUNE E-MINI SP500

Resistance should appear at 2061.50 and 2080.00 to 2089.00.

Support should appear near 2034.00 and the 1996.00 to 1989.00 region.
 

NASDAQ COMPOSITE

Resistance should appear 4775.00 to 4785.00 and 4845.00 to 4856.00

Support should appear near 4650.00 to 4639.00

 

JUNE E-MINI NASDAQ 100

Support should appear near 4249.00 to 4238.00

Resistance is at the 4370.00 to 4381.00

 

JUNE E-MINI RUSSELL 2000

Resistance should appear near 1101.00 and 1115.50.

Support should appear near 1082.00 and 1068.00 to 1058.00

JUNE 30 YR BONDS

Resistance should appear near 165-21 and 166-07

Support should appear near 164-21 and 164-07

 

JUNE 10 YR NOTES

Resistance should appear near 130-21 and 131-07

Support should appear near 129-21 and 129-07                                                                                                                                                              

                                           THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near 9526 to 9542.   Support should appear near 9445 to 9429.

 

JUNE JAPANESE YEN

Resistance should appear near 9316 to 9347 Support should appear near 9156 to 9140.

 

 

 

 

JUNE EURO CURRENCY

Support should appear near 11300 then 11227 and 11155. Resistance should appear near 11330 to 11360.
JUNE SWISS FRANC

Resistance should appear near 10237 and 10320 to 10330.

Support should appear near 10136 to 10104.

 

JUNE BRITISH POUND

Support should appear near 14370 and the 14210 to 14150 region.     Resistance should appear near 14530 to 14590.

 

JUNE CANADIAN DOLLAR

Resistance should appear near 7763 to 7777

Support should appear near 7689 to 7675

 

JUNE AUSSIE DOLLAR Resistance should appear near 7328 to 7342

Support should appear near 7170 to 7143

                                        THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1289.00 and 1304.0 to 1310.0

Support should appear near 1268.0 and 1253.0

JULY COPPER

Resistance should appear 21260 to 21340.

Support should appear near 19960 to 19820

 

JULY SILVER

Support should appear near 1696.0 to 1689.0 and 1655.0 to 1642.0

Resistance is at 1731.0 to 1738.0 and 1774.0 to 1780.0

                                                   THE EXCITING ENERGIES

JULY CRUDE OIL

Support should appear near 4845 to 4845 and 4717 to 4695

Resistance should appear near 4973 to 4995 and 5056 to 5067

 

AUGUST CRUDE OIL

Support should appear near 4856 to 4845 and 4785 to 4775

Resistance should appear near 5056 to 5067 and the 5127 to 5139 region.

 

JULY BRENT CRUDE OIL

Support should appear near 4856 to 4845

Resistance should appear near 5056 to 5067

 

JUNE HEATING OIL

Support should appear near 14210 to 14150

Resistance should appear 15290 to 15350

 

JUNE UNLEADED GAS

Support should appear near 16150 to 16090

Resistance should appear 16890 to 16960

 

JULY NATURAL GAS

Support should appear near 2134 to 2126

Resistance should appear near 2219 to 2226

 

                                             THE GRANDE’ GRAINS

JULY SOYBEANS

Support should appear near 1068 to 1058

Resistance should appear near 1096 to 1102

 

 

 

JULY SOYOIL

Support should appear near 3270 to 3261

Resistance should appear near 3377 to 3386    JULY SOYMEAL

Resistance should appear near 390.9 to 392.9

Support should appear near 362.3 to 361.3
JULY CORN

Support should appear near 386 ¾ to 385 ¾.

Resistance should appear near 411 to 412

JULY WHEAT Support should appear near 471 ¾ to 469 ½.

Resistance should appear near 497 ¼ to 499 ½                                                                                                                                                                              

 

                                                        THE LIVELY LIVESTOCK  

JUNE CATTLE

Support should appear 12247 and 12175

Resistance should appear near 12380 and 12530

 

AUGUST CATTLE

Support should appear near 11807 and 11690 to 11640

Resistance should appear near 12030 and 12172
JUNE HOGS

Resistance should appear 8300 to 8317 and 8392 to 8407

Support should appear near 8222 to 8192 and 8047 to 8027. BW Traders should sell July Hogs 8292 stop

       

 

 

AUGUST HOGS

Resistance should appear near 8297 to 8317 and 8392 to 8407

Support should appear near 8222 to 8192 and 8137 to 8117                                                                

 

                                                    THE SATISFYING SOFTS

JULY COFFEE

Resistance should appear near 13340 to 13460 Support should appear near 13100 to 13040.

JULY COCOA Support should appear near 2883 to 2874 and 2829 to 2820 Resistance should appear near 2928 to 2937 and 2972 to 2990 JULY SUGAR Resistance is near 1731 to 1738 Support should appear near 1655 to 1642 JULY COTTON Support should appear near 6035 to 6023 Resistance should appear near 6337 to 6350              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

Tuesday May 17, 2016 10:10 PM South Florida Beach Time

 

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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