Futures Trading Investment Comments
Monday February 22, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
Futures trading flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Stock Index and Futures day trading flashes.
Friday February 19th 2016
1:30 PM, South Florida Beach Time
Stay tuned for Flashes and Updates in all Markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 16,285.00 and 16,150.00 to 16,090.00
Resistance should appear near 16,420.00 then 16,485.00 and 16,550.00. Beyond that sellers should appear near 16,720.00 and 16,890.00.
DOW JONES TRANSPORTS
Support should appear near 7255.00 to 7242.00 and 7170.00 to 7143.00.
Resistance should appear near 7414.00 to 7428.00 and 7486.00 to 7513.00
MARCH E-MINI SP500
Resistance should appear near the 1946.00 to 1953.00 region. BW Traders can sell June SP500 at 1945.75 and risk a close over 1957.75 for three days in a row.
Support should appear near 1909.00 to 1902.00 and 1865.00 to 1858.00
NASDAQ COMPOSITE
Resistance should appear 4514.00 then 4571.00 to 4582.00 and the 4639.00 to 4650.00 region.
Support should appear near 4446.00 to 4425.00 and 4381.00 to 4370.00.
MARCH E-MINI NASDAQ 100
Support should appear near 4120.00 to 4110.00 and 4056.00 to 4046.00
Resistance is at 4238.00 to 4249.00 and the 4304.00 to 4315.00 region. BW Traders can sell June at 4231.00 and risk a close over 4252.00 for three days in row.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1010.40 to 1013.60 and 1032.00 to 1036.00
Support should appear near 993.70 to 992.10 and 983.70 to 982.10
MARCH 30 YR BONDS
Resistance should appear near 167-21 and 168-07
Support should appear near 165-21 and 165-07
MARCH 10 YR NOTES
Resistance should appear near 131-21 and 132-07
Support should appear near 130-07 and 129-21
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9706 to 9737 and 9779. Support should appear near 9641 to 9625 and 9583.
MARCH JAPANESE YEN
Resistance should appear near 8934 to 8964 and the 9029 to 9044 region. Support should appear near 8964 to 8934 and 8777 to 8762.
MARCH EURO CURRENCY
Support should appear near 11010 to 10960. Resistance should appear near 11155 and 11300 to 11360. MARCH SWISS FRANC
Resistance should appear near 10185 and 10237
Support should appear near 10037 to 10021.
MARCH BRITISH POUND
Support should appear near 14210 to 14150 and 13992 Resistance should appear near 14370 then 14447. Beyond that sellers should appear near 14530 to 14590. BW traders can sell at 14557 and risk a close over 14597 for three days in a row
MARCH CANADIAN DOLLAR
Resistance should appear near 7328 to 7342 and 7414 to 7428
Support should appear near 7202 and 7170 to 7143.
MARCH AUSSIE DOLLAR Resistance should appear near 7143 to 7170 and 7242 to 7255
Support should appear near 7088 to 7074 and 7003 to 6990
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1238.0 then 1253.0 and 1268.0 to 1274.0
Support should appear near 1217.50 and 1203.00 to 1192.00.
MAY COPPER
Resistance should appear near 20890 and the 21260 to 21340 region.
Support should appear near 20420 to 20340 then 19960 to 19820 and 19530 to 19460.
MAY SILVER
Support should appear near 1535.0 to 1529.0 and 1496.0 to 1484.0.
Resistance is at 1569.0 to 1576.0 and 1609.0 to 1615.0
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 3157 to 3148 then 3102 to 3092 and 3045 to 3036.
Resistance should appear near 3261 to 3270 then 3319 to 3328 and 3425 to 3443
MAY CRUDE OIL
Support should appear near 3328 to 3319 then 3270 to 3261 and 3213 to 3194
Resistance should appear near 3377 to 3386 then 3425 to 3443 and 3493 to 3503.
APRIL BRENT CRUDE OIL
Support should appear near 3270 to 3261 and 3157 to 3148
Resistance should appear near 3377 to 3386 and 3425 to 3443.
MARCH HEATING OIL
Support should appear near 10136 to 10104 and 9937 to 9921
Resistance should appear 10470 then 10580 to 10630 and 10680.
MARCH UNLEADED GAS
Support should appear near 9445 to 9429 and 9347 to 9316
Resistance should appear 9706 to 9737 then 9821 to 9837 and 9921 to 9937
APRIL NATURAL GAS
Support should appear near 1.858 and 1.822 to 1.808
Resistance should appear near 1.902 to 1.909 and 1.946 to 1.953
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 877 ¾ to 876 ¼ and 868 ¼ to 866 ¾
Resistance should appear near 885 ¾ to 887 ¼ and 893 ½ to 896 ½
MAY SOYOIL Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3328
MAY SOYMEAL
Resistance should appear near 267.2 and 271.6 to 272.4.
Support should appear near 262.0 to 261.2 and 256.8 to 255.2
MAY CORN
Support should appear near 362 ¼ to 361 ¼ Resistance should appear near 373 ½ to 374 ¼
MAY WHEAT Support should appear near 465 to 463 ¾ and 458 ¼ to 457 ¾
Resistance should appear near 477 ¾ to 478 ½ and the 484 ½ to 485 ¾ region. BW Traders can sell at 477 ¾ and hold for lower prices.
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near the 13340 and 13227
Resistance should appear near 13460 and 13537
JUNE CATTLE
Support should appear 12177 and 12030 to 11920.
Resistance should appear near 12380 and 12447
APRIL HOGS
Resistance should appear near 6907 to 6922 and 6987 to 7007
Support should appear near 6837 to 6807 and 6757 to 6742
JUNE HOGS
Resistance should appear near 7957 and 8027 to 8042
Support should appear near 7867 to 7832 and 7777 to 7762
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 11690 then 11820 and the 11920 to 12030 region. Support should appear near 11500 and the 11360 to 11300 region.
MAY COCOA
Support should appear near 2829 to 2820 and 2724 to 2716. Resistance should appear near 2928 to 2937 and 2972 to 2990. BW Traders can sell at 2971 and hold for lower prices.
MAY SUGAR
Resistance is near 1289 and the 1304 to 1310 region. Support should appear near 1253 and the 1232 to 1238 region.
MAY COTTON
Support should appear near 5880 to 5855 and 5805 to 5792. Resistance should appear near 6023 to 6035 and 6101 to 6113
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
Friday February 19, 2016 2:30 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.