Forex and Futures Investment Comments
Tuesday May 19 ,2015 Day Trading Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Observation, Experience, memory and mathematics–These are what a successful trader must depend on. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory. -Reminiscences of a Stock operator-
Monday May 18, 2015
12:00 noon South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 18,220.00 and 18,8080.00
Resistance is at 18,580.00 and 18,650.00.
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
DOW JONES TRANSPORTS
Support should appear near 8589.00 to 8560.00 and 8499.00 to 8484.00
Resistance is at 8762.00 to 8777 and 8856.00 to 8871.00
JUNE E-MINI SP500
Resistance should appear near 2134.00 and the 2170.00 to 2185.00 region. BW Traders can sell at 2169.75 and initially risk a close over 2186.00 for three days in row.
Support should appear near 2107.60 and 2089.00.
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
NASDAQ COMPOSITE
Resistance should appear at 5127.0 to 5139.00 Support should appear near 4973.00 and 4926.00
JUNE E-MINI NASDAQ 100
Support should appear near 4446.00 and 4370.00 Resistance is at 4582.00 and 4639.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1268.00 to 1274.00 Support should appear near 1232.00 and 1203.00 to 1192.00
JUNE 30 YR BONDS
Resistance should appear near 154.07 and 15421. Beyond that sellers should appear near
155-07
Support should appear near 151-07 , below that a test 149-21 is likely.
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
JUNE 10 YR NOTE
Resistance should appear near 128-07 and 128-21 . Beyond that sellers should appear near 129-07
Support should appear near 127-07, below that buyers should appear near 126-22 and contain a decline for a bit.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9429 to 9445, a close over augurs for a test of the 9706 to 9737 region. Trade accordingly Support should appear near 9347 to 9316 and 9156 to 9140
JUNE JAPANESE YEN
Resistance should appear near 8484 to 8499
Support should appear near 8314 to 8300
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
JUNE EURO CURRENCY
Support should appear 11300 and 11010 to 10960. Resistance should appear near 11500 and 11640 to 11690. BW Traders can sell at 11687 and risk 50 points.
JUNE SWISS FRANC
Resistance should appear near 10960 to 11010
Support should appear near 10680 and 10580
JUNE BRITISH POUND
Support should appear near 15350 to 15290
Resistance should appear near 15690 to 15760
JUNE CANADIAN DOLLAR
Resistance should appear near 8300 to 8314
Support should appear near 8194 and 8134 to 8119
JUNE AUSSIE DOLLAR Resistance should appear near 8029 to 8044
Support should appear near 7939 and 7864.
Stay tuned for Forex flashes and updates.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1232.0 to 1238.0 and 1268.0
Support should appear near 1217.5 and 1203.0
JULY COPPER Resistance should appear near 29280 to 29370 and the 29720 to 29900 region.
Support should appear near 28830 to 28740 and the 28290 to 28200 region.
JULY SILVER Support should appear near 1738 to 1731.0 and 1689.0
Resistance is at 1774 to 1780.0 and 1808.0
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
THE EXCITING ENERGIES
JULY CRUDE OIL
Support should appear near 5957 to 5945, a close under augurs for a test of 5880 to 5855. Resistance should appear near 6101 to 6113 and 6165 to 6190.
AUGUST CRUDE OIL
Support should appear near 6035 and 5957 to 5945
Resistance should appear near 6165 to 6190 and 6270
JULY BRENT CRUDE OIL
Support should appear near 6577 and 6350 to 6337.
Resistance should appear near 6809 to 6836 region. Beyond that sellers should appear near 6906 to 6919
JULY HEATING OIL
Support should appear near 19820 and 19530 to 19460
Resistance should appear 20340 to 20420 and 20800 to 20890.
JULY UNLEADED GAS
Support should appear near 19960 to 19820 and the 19090 to 19020 region.
Resistance should appear 20800 to 20890 and the 21700 to 21850 region.
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
JULY NATURAL GAS
Support should appear near 2.972 and 2.937 to 2.928
Resistance should appear near 3.148 to 3.157 and 3.261 to 3.270. Stay Tuned for Energy Flashes and Updates
THE GRANDE’ GRAINS
JULY SOYBEANS Support should appear near 944 ½ to 942 ¾ and 934 ¾ to 931 ¾.
Resistance should appear near 970 ¾ to 973 ¾ and 982 ¼ to 983 ¾.
NOVEMBER SOYBEANS
Support should appear near 931 ¾. Below that a test of 915 ¾ to 914 is likely.
Resistance should appear near 942 ¾ to 944 ½ and 952 ¾ to 954 ½
JULY SOYOIL Support should appear near 3261 and 3213 to 3194.
Resistance should appear near 3377 to 3386
JULY SOYMEAL Resistance should appear near 309.2 to 310.2 and 314.8 to 315.7
Support should appear near 299.0 to 297.2. Below that buyers should appear near 282.9 to 282.0.
JULY CORN
Support should appear near 362 ¼ to 361 ¼ Resistance should appear near 373 ½ to 374 ¼
JULY WHEAT Support should appear near 506 ½ to 505 ¾
Resistance should appear near 534 ½ to 535 ¾ Stay tuned for Grain flashes and updates.
Forex Flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Forex and Futures day trading flashes
THE LIVELY LIVESTOCK
JUNE CATTLE Support should appear near 14960 to 14840
Resistance should appear near 15290 to 15350
AUGUST CATTLE
Support should appear near 14840 and the14590 to 14530 region.
Resistance should appear near 15117 and 15290 to 15350
JUNE HOGS Support should appear near 8222 to 8192 and 8137 to 8117.
Resistance should appear near 8300 to 8317 and 8392 to 8407
OCTOBER HOGS
Support should appear near 7172 to 7142
Resistance should appear near 7412 to 7427
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 14530 to 1459 0 and 14840 to 14960. BW Traders can sell at 14520 and risk a close over 14610 for three days in a row.
Support should appear near 14210 to 14150 and 13830 to 13770
JULY COCOA
Support should appear near 3045 to 3036.
Resistance should appear near 3194 to 3213
JULY SUGAR
Resistance is near 130-4 to 1310. Support should appear near 1238 to 1232 Trade Accordingly.
JULY COTTON
Support should appear near 6350 to 6337 .
Resistance is at 6577 to 6591
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 Monday May 18, 2015 1:30 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.
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