Futures Trading Investment Comments
Tuesday May 31, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Friday May 27, 2016
2:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 17,800.00 to 17,740.00
Resistance is at 17,940.00 and 18,080.00 to 18,220.00
DOW JONES TRANSPORTS
Support should appear near 7689.00 to 7675.00. Resistance should appear near 7836.00 to 7864.00
JUNE E-MINI SP500
Resistance should appear at 2126.00 to 2142.00
Support should appear near 2089.00 to 2080.00 and 2061.00. NASDAQ COMPOSITE
Resistance should appear at 4973.00 to 4995.00
Support should appear near 4856.00 to 4845.00
JUNE E-MINI NASDAQ 100
Support should appear near 4446.00 to 4425.00.
Resistance is at 4571.00 to 4582.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00
Support should appear near 1136.00 to 1130.00.
SEPT 30 YR BONDS
Resistance should appear near 163-07 and 163-21
Support should appear near 161-21 and 161-07.
SEPT 10 YR NOTES
Resistance should appear near 129-21 and 130-07.
Support should appear near 128-21 and 128-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9625 to 9641 Support should appear near 9542 to 9529 and 9474.
JUNE JAPANESE YEN
Resistance should appear near 9140 to 9156 Support should appear near 8964 to 8934
JUNE EURO CURRENCY
Support should appear near the 11010 to 10960 region. Resistance should appear near 11155 and 11227 JUNE SWISS FRANC
Resistance should appear near 10104 to 10136
Support should appear near 10037 to 10021 and 9979
JUNE BRITISH POUND
Support should appear near 14590 to 14530 and 14370 Resistance should appear near 14617 and 14840 to 14960
JUNE CANADIAN DOLLAR
Resistance should appear near 7726 and 7763 to 7777
Support should appear near 7638 and 7601 to 7587
JUNE AUSSIE DOLLAR Resistance should appear near 7242 to 7255 and 7291
Support should appear near 7170 to 7143 and 7088 to 7074.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1232.0 to 1238.0
Support should appear near 1203.0 to 1192.0
JULY COPPER
Resistance should appear 21260 to 21340
Support should appear near 20420 to 20340.
JULY SILVER
Support should appear near 1576 to 1569
Resistance is at 1642 to 1655
THE EXCITING ENERGIES
JULY CRUDE OIL
Support should appear near 4915 then 4856 to 4845 and 4785 to 4775 Resistance should appear near 4973 to 4995 and 5056 to 5067
AUGUST CRUDE OIL
Support should appear near 4926 to 4915 and 4856 to 4845 Resistance should appear near 5056 to 5067 and 5127 to 5139
JULY BRENT CRUDE OIL
Support should appear near 4856 to 4845 and 4785 to 4775 Resistance should appear near 4973 to 4995 and 5056 to 5067
JULY HEATING OIL
Support should appear near 14840 and 14590 to 14530
Resistance should appear 15290 to 15350 and 15690 to 15760
JULY UNLEADED GAS
Support should appear near 16150 to 16090 and 15760 to 15690
Resistance should appear 16420 to 16550 and 16890 to 16960
JULY NATURAL GAS
Support should appear near 2089 to 2080 and 21260 to 21340
Resistance should appear near 2170 to 2185 and 2219 to 2226
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1068 to 1058.
Resistance should appear near 1096 to 1101 and 1115.50
JULY SOYOIL Support should appear near 3102 to 3092
Resistance should appear near 3194 to 3213 JULY SOYMEAL
Resistance should appear near 411.0 to 412.0 and 416.3 to 419.3
Support should appear near 392.9 to 390.9 and 386.7 to 385.8
JULY CORN
Support should appear near 405 ¾ to 404 ¾
Resistance should appear near 423 ¾ to 424 ¾
JULY WHEAT Support should appear near 471 ¾ to 469 ½
Resistance should appear near 491 ½ to 492 ¾ THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear 11920 and 11805
Resistance should appear near 12030 and 12175
AUGUST CATTLE
Support should appear near 11532 and 11427
Resistance should appear 11690 and 11807
JUNE HOGS
Resistance should appear near 8117 to 8137
Support should appear near 7957 to 7937
AUGUST HOGS
Resistance should appear near 8117 to 8137 and 8192 to 8222
Support should appear near 8047 to 8027 and 7957 to 7937
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 12320 to 12380 Support should appear near 12030 to 11920
JULY COCOA Support should appear near 2937 to 2928 Resistance should appear near 3036 to 3054
JULY SUGAR Resistance is near 1774 to 1780 and 1808 to 1822 Support should appear near 1731 to 1738 and 1696 to 1689.
JULY COTTON Support should appear near 6350 to 6337 and 6270 to 6257 Resistance should appear near 6483 to 6509 and 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
Friday May 27, 2016 2:40 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