Jul 262015
 

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

Terms of Use and Agreement  

FuturesCom Investment Publications © 1996 – 2015 All Rights Reserved

https://futurescom.com/futurescom-policies-and-terms-of-usage-and-agreement

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.

 

Jul 122015
 

Futures Trading Newsletter , Bi-Weekly Investment Outlook #478.

 


FuturesCom Futures Trading Newsletter Sunday July 12, 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

Welcome to the ‘Dog Days of Summer’

The period from about the first to second week of July to the second or third week of August has been

known as ‘Dog Days of summer’; of course the period varies according to region……In the ancient

Mediterranean it coincided with hot days that were plagued with disease and discomfort…

Sunday July 12, 2015

5:00 AM, South Florida Beach Time

Traders should 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.

Resistance is at 18,080.00 to 18,150 and 18,220. Beyond that seller should appear near 18,580.00 and 18,650.00.

 

 

 

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 8300.0 to 8314.00 and the 8391.00 to 8406.00 region. Beyond that sellers should appear near 8484.00 to 8499.00 and cap a rally

SEPT E-MINI SP500

Resistance should appear near 2107.50 then 2126.00 to 2134.00 and the 2170.00 to 2185.00 region. BW Traders can sell at 2125.25 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 1997.25 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. Support should appear near 4973.00 and the 4926.00 to 4915.00 region. Below that a test of 4856.00 to 4845.00 is likely.
SEPT E-MINI NASDAQ 100

Support should appear near 4381.00 to 4370.00. Below that a test of 4315.00 to 4304.00 is more likely than not to occur. Resistance is at 4503.00 to 4514.00 and the 4571.00 to 4582.00 region. Beyond that sellers should appear near 4639.00 to 4650.00 and cap a rally.

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 1268.00 to 1274.00 and the 1304.00 to 1310.00 region.

Support should appear near support is near 1232.00 and the 1203.00 to 1192.00 region. SEPT 30 YR BONDS

Resistance should appear near 150-07 and 151-21. Beyond that sellers should appear near 152-21 and 153-21 and cap a rally.

Support should appear near 148-21 and 147-12. Below that 145-22 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 124-22 then 123-21 and 123-07 . Below that buyers should appear near 120-17 and 119-07 .                                                                

                                           THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 9641 and the 9707 to 9737 region. A close over is friendly and augurs for a test of 9821 to 9837 Support should appear near 9542 to 9526 then 9445 to 9429 and the 9347 to 9316 region. SEPT JAPANESE YEN

Resistance should appear near 8194 to 8223 region. Beyond that a test of 8300 to 8314 is likely. Support should appear near 8119 and 8044 to 8029. Below that buyers should appear near 7954 to 7939. Traders can buy at 7957 and risk 50 points.

 

SEPT EURO CURRENCY

Support should appear 11010 to 10960, a close under is negative and augurs for a test of 10680 to 10580. Resistance should appear near 11300 to 11360 then 11500 and the 11640 to 11690 region .

 

SEPT SWISS FRANC

Resistance should appear near 10820 and the 10960 to 11010 region, which should cap a rally.

Support should appear near 10580 , below that a test of 10360 to 10320 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. Traders can sell at 1.5687 and hold for lower prices. Beyond that sellers should appear near the 16090 to 16150 region.
 

 

SEPT CANADIAN DOLLAR

Resistance should appear near 7939 to 7954 and 8029 to 8044. Traders can sell at 8027 and risk a close over 8051 for three days in a row.

Support should appear near 7777 to 7763 and 7689 to 7675. Below that a test of 7601 to 7587 is likely,

 

SEPT AUSSIE DOLLAR Resistance should appear near 7486 to 7513 and 7675 to 7689.

Support should appear near 7342 to 7328 and 7170 to 7143

                                    

 

                                              THE PRECIOUS METALS

 

AUGUST GOLD

Resistance should appear near 1164.0 to 1169.0 and 1192.0 to 1203.0

Support should appear near 1136.0 to 1130.00 and 1101 to 1096 is likely

SEPT COPPER Resistance should appear near 26120 to 26200 and 26630 to 26720.

Support should appear near 25190 to 25110 and the 24690 to 24610 region.

 

SEPT SILVER

Support should appear near 1535.0 to 1529.0 and the 1496.0 to 1484.0 region. Below that a test of 1459.00 to 1453.00 is likely.

Resistance is at 1609.0 to 1615.0 and the 1689.0 to 1696.0 region, where sellers should appear and cap a rally.              

                                                              

 

 

 

 

 

 

                                           THE EXCITING ENERGIES

AUGUST CRUDE OIL

Support should appear near 5211 to 5200 and 5067 to 5056

Resistance should appear near 5344 to 5356 and 5418 to 5430

SEPT CRUDE OIL

Support should appear near 5282 to 5259 and the 5139 to 5127 region. Below that a test of 5056 to 5056 is likely.

Resistance should appear near 5418 to 5430 and 5492 to 5504 Traders can sell at 5491 and hold for lower prices.
AUGUST BRENT CRUDE OIL

Support should appear near 5805 to 5792, below that a test of 5577 to 5553 is likely

Resistance should appear near 6023 to 6035 and the 6101 to 6113 region.

 

AUGUST HEATING OIL

Support should appear near 16960 to 16890, below that a test of 16550 to 16420 is likely

Resistance should appear 17740 to 17800 and the 18080 to 18220 region.

AUGUST UNLEADED GAS

Support should appear near 19960 to 19820 and the 19090 to 19020 region.

Resistance should appear 20800 to 20890 and the 21260 to 21340 region.

AUGUST NATURAL GAS

Support should appear near 2.672 to 2.663 and the 2.568 to 2.552 region. Resistance should appear near 2.820 to 2.829 and 2.874 to 2.883                                        

 

 

 

 

 

 

                                                    THE GRANDE’ GRAINS

AUGUST SOYBEANS Support should appear near 1013 ¾ to 1010 ½ and 1003 3./4 to 1002 ¼. A close under augurs for a test of 973 ¾ to 970 ¾.

Resistance should appear near 1036 and 1058 to 1068. Beyond that sellers should appear near

1082

 

NOVEMBER SOYBEANS

Support should appear near 1003 ¾ to 1002 ¼ and 993 ¾ to 992 ¼. Below that a test of 934 ¾ to

931 ¾ is likely to occur.

Resistance should appear near 1032 to 1036 and 1047. Beyond that sellers should appear near 10658 to 1068 and cap a rally.

 

DECEMBER SOYOIL Support should appear near 3213 to 3194 , failure there is negative and augurs for a test of 3157 to 3148 and the 3102 to 3092 region.

Resistance should appear near 3377 to 3386, beyond that sellers should appear near 3425 to 3443 and cap a rally.

 

 

DECEMBER SOYMEAL Resistance should appear near 355.3 to 356.3 and the 361.3 to 362.3 region. Where sellers should appear and cap a rally.

Support should appear near 338.6 to 337.7, below that a test of 327.0 to 326.1 region is likely.

 

DECEMBER CORN

Support should appear near the 438 to 437 and the 431 ½ to 430 ½ region. Below that a test of 424 ¾ to 423 ¾ and the 418 ¼ to 416 ¼ region is likely.       Resistance should appear near 450 ¼ to 451 ½ and the 464 ¾ to 465 region.

 

DECEMBER WHEAT Support should appear near 580 ½ to 579 ¼ and 572 ¾ to 571 ½. Below that supports should appear near 557 ¾ to 555 ¾

Resistance should appear near 602 ¼ to 603 ½ and 610 to 611 ¼ . Beyond that sellers should appear near 633 ¾ to 635 and cap a rally.

Stay tuned for Grain flashes and updates.

 

                                                 THE LIVELY LIVESTOCK  

AUGUST CATTLE Support should appear near 14592 to 14532 and the 14212 to 14150 region.

Resistance should appear near 14837 then 14960 and 15117. Beyond that sellers should appear near 15287 to 15352.

 

OCTOBER CATTLE

Support should appear near 14960 to 14840, a close under augurs for a test of 14732.

Resistance should appear near 15290 to 15350 and the 15690 to 15760 region,. Where sellers should appear and cap a rally.

 

 

 

 

AUGUST HOGS Support should appear near 7257 to 7242 and 7172 to 7142. Below that a test of 7087 to 7972 is likely.

Resistance should appear near 7412 to 7427 and 7487 to 7512 . beyond that sellers should appear near 7762 to 7777

OCTOBER HOGS

Support should appear near 6192 to 6162 and 6117 to 6102. Below that a test of 6037 to 6022 is likely.

Resistance should appear near 6327 to 6352 and 6417 to 6432. Beyond that sellers should appear near 6577 to 6592      

Stay tuned for Livestock flashes and updates.

 

                                        THE SATISFYING SOFTS

SEPTEMBER COFFEE

Resistance should appear near 12680 to 12740. Beyond that sellers should appear near 13040 to 13100 and the 13340 to 13460 region.   Traders can sell at 13035 and hold for lower prices. Support should appear near 12380 to 12320 and 12030 to 11920. Below that a test of 11690 to 11640 is likely. Traders should go short is a close under 12310 occurs SEPTEMBER COCOA

Support should appear near 3270 to 3261 and the 3213 to 3194. Below that a test of 3102 to 3092 is likely

Resistance should appear near 3319 to 3326 and the 3377 to 3386 region.

 

OCTOBER SUGAR

Resistance is near 1268 to 1274 and 1304 to 1310 Support should appear near 1232 and the 1203 to 1192 region. Failure there is negative and augurs for a test of the 1169 to 1164 region.

 

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 6659 to 6673 and 6762 to 6777. Beyond that sellers should appear near 6906 to 6919 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 12, 2015 4:50 PM South Florida Beach Time

 

Terms of Use and Agreement  

FuturesCom Investment Publications © 1996 – 2015 All Rights Reserved

https://futurescom.com/futurescom-policies-and-terms-of-usage-and-agreement

 

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.