Futures Trading Investment Comments
Wednesday March 23, 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.
Tuesday March 22nd, 2016
1:15 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is at 17,560.00 and 17,380.00 to 17,310.00.
Resistance should appear near 17,740.00 to 17,800.00
DOW JONES TRANSPORTS
Support should appear near 7954.,00 to 7939.00 and 7864.00 to 7836.00
Resistance should appear near 8119.00 to 8134.00 and 8194.00 to 8223.00
JUNE E-MINI SP500
Resistance should appear 2061.00 and 2080.00 to 2089.00
Support should appear near 2042.00 to 2034.00. A close under augurs for a test of 1996.00 to 1982.00.
NASDAQ COMPOSITE
Resistance should appear 4845.00 to 4856.00 and 4915.00 to 4926.00
Support should appear near 4785.00 to 4775.00 and 4717.00 to 4695.00
JUNE E-MINI NASDAQ 100
Support should appear near 4381.00 to 4370.00 and 4315.00 to 4304.00
Resistance is at 4446.00 and 4503.00 to 4514.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1101.00 then 1115.50 and 1130.00 to 1136.00
Support should appear near 1082.00 and 1068.00 to 1058.00
JUNE 30 YR BONDS
Resistance should appear near 162-07 and 162-21
Support should appear near 161-07 and 160-21
JUNE 10 YR NOTES
Resistance should appear near 129-07 and 129-21
Support should appear near 128-07 and 127-21
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9625 to 9641 Support should appear near 9542 to 9526
JUNE JAPANESE YEN
Resistance should appear near 8964 and 9044 to 9060 Support should appear near 8871 to 8856
JUNE EURO CURRENCY
Support should appear near 11155 and 11010 to 10960 Resistance should appear near 11300 to 11360 and 11500 BW Traders can sell at 11327 and risk a close over 11367 for three days in a row.
JUNE SWISS FRANC
Resistance should appear near 10360 and 10470
Support should appear near 10187 and 10136 to 10104
JUNE BRITISH POUND
Support should appear near 14150 then 13990 and 13830 to 13770 Resistance should appear near 14287 and 14387
JUNE CANADIAN DOLLAR
Resistance should appear near 7675 to 7689 and 7763 to 7777
Support should appear near 7601 to 7587 and 7513 to 7486
JUNE AUSSIE DOLLAR Resistance should appear near 7601 and 7675 to 7689
Support should appear near 7513 to 7486 and 7428 to 7414
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1253.0 and 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0 and 1203.0 to 1192.0
MAY COPPER
Resistance should appear 23150 to 23220
Support should appear near 22260 to 22190
MAY SILVER
Support should appear near 1576.0 to 1569.0 and 1535 to 1529
Resistance is at 1609.0 to 1615.0 and 1642.0 to 1655.0
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 4056 to 4046 and 3992 to 3982
Resistance should appear near 4163 to 4183 and 4238 to 4249
JUNE CRUDE OIL
Support should appear near 4183 to 4163 and 4120 to 4110
Resistance should appear near 4304 to 4315 and 4370 to 4381
MAY BRENT CRUDE OIL
Support should appear near 4056 to 4046 and 3929 to 3909
Resistance should appear near 4238 to 4249 and 4304 to 4315
MAY HEATING OIL
Support should appear near 12380 to 12320 and 12030 to 11920.
Resistance should appear 12680 to 12740 and 13040 to 13100.
MAY UNLEADED GAS
Support should appear near 14960 to 14840 and 14590 to 14530
Resistance should appear 15290 to 15350 and 15690 to 15760
MAY NATURAL GAS
Support should appear near 1.865 to 1.858
Resistance should appear near 1.982 to 1.996
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 906 to 904 ½ and 896 ½ to 893 ½
Resistance should appear near 923 ¼ and 931 ¾ to 934 ¾.
MAY SOYOIL Support should appear near 3386 to 3377 and 3328 to 3319
Resistance should appear near 3425 to 3443 and 3493 to 3503
MAY SOYMEAL
Resistance should appear near 275.8 to 277.5
Support should appear near 267.2 to 266.3
MAY CORN
Support should appear near 362 ¼ to 361 1/4 Resistance should appear near 373 ½ to 374 ¾
MAY WHEAT Support should appear near 458 ¼ to 457 ½ and 446 ¾ to 442 ½
Resistance should appear near 469 ½ to 471 ¾ and 477 ½ to 478 ½ BW traders can sell July at 483 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13617 and 13462.
Resistance should appear near 13770 to 13830.
JUNE CATTLE
Support should appear 12532 and 12382 to 12317
Resistance should appear near 12680 to 12740
APRIL HOGS
Resistance should appear near 7072 to 7087 and 7142 to 7172 Support should appear near 6922 to 6907 and 6837 to 6807
JUNE HOGS
Resistance should appear near 8297 to 8317 and 8387 to 8407
Support should appear near 8222 to 8194 and 8137 to 8117.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 13770 to 13830 Support should appear near 13340 and 13100 to 13040
MAY COCOA Support should appear near 2990 to 2972 Resistance should appear near 3092 to 3102
MAY SUGAR Resistance is near 1689 to 1676 and 1731 to 1738 Support should appear near 1655 to 1642 and 1615 to 1609
MAY COTTON Support should appear near 5729 to 5716 and 5653 to 5640 Resistance should appear near 5855 to 5880 and 5945 to 5957
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 March 22nd, 2016 2:25 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