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Day Trading Newsletter Feb-03-2015

Day Trading and Investment Comments

Tuesday  February 03, 2015 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.
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 Stay Tuned for Day Trading Flashes in all Markets

Monday February 2nd, 2015

12:00 Noon South Florida Beach Time

“There is only one side of the market and it is not the bull side or the bear side, but the right side.” -Jesse Livermore-

                                   THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support is near the 16,960.00 to 16,890.00 region.

Resistance is at 17 310.00 to 17,380.00

 

DOW JONES TRANSPORTS

Support should appear near 8589.00 to 8560.00 and the 8314.00 to 8304.00 region.

Resistance is at 8762.00 to 8777.00 and the 8856.00 to 8871.00 region.

 

MARCH E-MINI SP500

Resistance is at 2007 and 2015.00. Beyond that sellers should appear near the 2034.00 to 2042.00 region. Support should appear near 1968.50 and the 1953.00 to 1946.00 region. BW Traders can buy at 954.00 and risk 10 points. Below that a test of 1909.00 to 1902.00 is likely.

 

  

NASDAQ COMPOSITE

Resistance should appear at 4695.00 to 4717.00

Support should appear near 4582.00 to 4571.00.

 

MARCH E-MINI NASDAQ 100

Nearby support should appear near 4120.00 to 4110.00 and the 4056.00 to 4046.00 region. Resistance is at the 4163.00 to 4183.00 and the 4238.00 to 4249.00 region.

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1169.00 and 1180.50

Support should appear near 1150.00 and the 1136.00 to 1130.00 region.

 

MARCH 30 YR BONDS

Resistance should appear near 151-17 and 152-11

Support should appear near 150-07 then 149-22 and 149-07.

 

MARCH 10 YR NOTE

Resistance should appear near 131-07, beyond that sellers should appear near 131-22 and 132-07

Support should appear near 130-07 and 129-22.                                                

 

                           THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 9526 to 9542

Support should appear near 9445 to 9429.

 

MARCH JAPANESE YEN

Resistance should appear near 8560 to 8589

Support should appear near 8499 to 8484.

 

MARCH EURO CURRENCY

Support should appear near 11300 and 11155

Resistance should appear near 11360 and 11430

 

MARCH SWISS FRANC

Resistance should appear near 10960 to 11010

Support should appear near 10680 to 10580

 

MARCH BRITISH POUND

Support should appear near the 14960 to 14840 region.

Resistance should appear near 15122 and 15290 to 15350.

BW Traders should go short if a close under 14832 occurs.

 

MARCH CANADIAN DOLLAR

Resistance should appear near 7939 to 7954 and 8029 to 8044

Support should appear near 7864 to 7836 and 7777 to 7763

 

MARCH AUSSIE DOLLAR

Support should appear near 7763 and 7689 to 7675.

Resistance should appear near 7836 to 7864 and 7939 to 7954 Stay tuned for Forex flashes and updates.                                                

                                            

 

 

 

 

 

 

                                                    THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1289.0 and 1304.0 to 1310.0

Support should appear near 1268.0 and 1253.5

MARCH COPPER

Resistance should appear near 25110 to 25190 and 25520 to 25680.

Support should appear near 24690 to 24610 and 24190 to 24110.

 

MARCH SILVER

Support should appear near 1655 to 1642 and 1615 to 1609

Resistance is at 1731 to 1738 and 1774 to 1780.

      

                                                         THE EXCITING ENERGIES

MARCH CRUDE OIL

Support should appear near 4785 to 4775 then 4717 to 4695 and 4582 to 4571

Resistance should appear near 4973 to 4995 and the 5056 to 5067 region.

BW Traders should go short if a close under 4417 occurs.

 

APRIL CRUDE OIL

Support should appear near 4995 to 4973 and 5845 to 4845.

Resistance should appear near 5127 to 5139 and 5200 to 5210

 

MARCH BRENT CRUDE OIL

Support should appear near 5356 to 5344 and 5139 to 5127

Resistance should appear near 5492 to 5504 and the 5553 to 5577 region.

 

MARCH HEATING OIL

Support should appear near 168960 to 16890 and 16550 to 16420

Resistance should appear 17740 to 17800 and 18080 to 18220

MARCH UNLEADED GAS

Support should appear 14960 to 14840 and 14590 to 14530

Resistance should appear near 15690 to 15760 and 16090 to 16150.

 

MARCH NATURAL GAS

Support should appear near 2.620 to 2.612 and 2.568 to 2.552

Resistance should appear near 2.758 to 2.775 and 2.820 to 2.829

Stay Tuned for Energy Flashes
 

 

 

 

 

                                               THE GRANDE’ GRAINS

MARCH SOYBEANS

Support should appear near 954 ¼ to 952 ¾ and the 944 ½ to 942 ¾ region.

Resistance should appear near 970 ¾ to 973 ½ and 982 ¾ to 983 ¾

 

MARCH SOYOIL

Support should appear near 2990 to 2972 and 2937 to 2928

Resistance should appear near 3036 to 3045 and 3092 to 3102

 

MARCH SOYMEAL

Resistance should appear near 331.9 to 332.8 and 337.7 to 338.6.

Support should appear near 327.0 to 326.1 and 321.3 to 319.4

 

MARCH CORN

Support should appear near 368 ¼ to 366 ¼ and 362 ¼ to 361 ¼

Resistance should appear near 373 ½ to 374 ¾ and 379 ½ to 380 ¾

 

MARCH WHEAT

Support should appear near 485 ¾ to 484 ½ and 478 ½ to 477 ½ Resistance should appear near 497 ¼ to 499 ½ and 505 ¾ to 506 ¾

 

Stay tuned for Grain flashes and updates.                                                                         

 

                              

                                         THE LIVELY LIVESTOCK

FEBRUARY CATTLE

Support should appear near 15290 and 15117

Resistance should appear near 15517 and 15677

    

APRIL CATTLE

Support should appear near 14960 to 14840 and 14727

Resistance should appear near 15127 and 15290 to 15350

 

FEBRUARY HOGS

Support should appear near 6592 to 6577 and 6512 to 6482

Resistance should appear near 6742 to 6757 and 6807 to 6837.

APRIL HOGS

Support should appear near 7087 to 7072 and 7007 to 6992

Resistance should appear near 7242 to 7257 and 7327 to 7342

 

JUNE HOGS

Support should appear near 8317 to 8300 and 8222 to 8192

Resistance should appear near 8482 to 8502 and 8557 to 8592

 

Stay Tuned for Livestock Flashes.

                                        

 

                                               THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 16420 to 16550 and 16890 to 16960

Support should appear near 16090 and 15760 to 15690

 

MARCH COCOA

Resistance should appear near 2716 to 2724 and 2758 to 2774.

Support should appear near the 2672 to 2663 and 2620 to 2612

 

MARCH SUGAR

Resistance is near 1453 to 1459 and 1471

Support should appear near 1383 to 1377

 

MARCH COTTON

Support should appear near 5880 to 5855 and 5805 to 5792

Resistance is at the 6023 to 6035 and 6101 to 6113

 

                                     Stay tuned for Day Trading 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 February 2nd, 2015 1:45 PM South Florida Beach Time

 

 

 

 

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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