Day Trading and Investment Comments
Friday February 10, 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
“A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Monday February 9, 2015
1:00 PM , South Florida Beach Time
Stay tuned for flashes and updates.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 17,570.00 and the 17,380.00 to 17,310.00 region. Resistance is at the 17,800.00 and the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS
Support should appear near 8777.00 to 8762.00 and the 8683.00 to 8668.00 region.
Resistance is at 8871.00 and the 8934.00 to 8964.00 region.
MARCH E-MINI SP500
Resistance is at 2061.50 and the 2080.00 to 2089.00 region.
Support should appear near 2034.00, an extended trade below or close under is negative and augurs for a test of 2015.00 and likely the 1996.00 to 1982.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4785.00 and the 4845.00 to 4856.00 region. Support should appear near 4717.00 to 4695.00 and 4650.00 to 4639.00
MARCH E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00, a close under is negative and augurs for a test of 4120.00 to 4110.00 Resistance is at 4238.00 to 4249.00 and the 4304 to 4315 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1203.00 then 1217.50 and 1232.00 to 1238.00. Support should appear near 1192.00 and 1180.50. Below that a test of 1169.00 to 1164.00 is likely.
MARCH 30 YR BONDS
Resistance should appear near 148-07 and 148-21. Beyond that, sellers should appear near 149-12.
Support should appear near 147-08 then 146-22 and 146-07.
MARCH 10 YR NOTE
Resistance should appear near 129-08 and 130-17. Support should appear near 127-22 then 127-08 and 126-17.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9526 to 9542.
Support should appear near 9445 to 9429 and the 9347 to 9316 region.
MARCH JAPANESE YEN
Resistance should appear near 8484 to 8492 and the 8560 to 8589 region.
Support should appear near 8406 to 8391, an extended trade or close under is negative and augurs for a test of the 8314 to 8300 region.
MARCH EURO CURRENCY
Support should appear near 11155 and 11010 to 10960
Resistance should appear near 11360 then 11500 and the 11640 to 11690 region.
MARCH SWISS FRANC
Resistance should appear near 10960 to 11010 and 11300 to 11360. Support should appear near 10680 to 10580 and 10360 to 10320.
MARCH BRITISH POUND
Support should appear near 15127 and the 14960 to 14840 region. Resistance should appear near 15290 to 15350 and 15527.
MARCH CANADIAN DOLLAR
Resistance should appear near 8029 to 8044 and the 8119 to 8134 region.
Support should appear near 7954 to 7939 and the 7777 to 7763 region. BW Traders should go short if a close under 7932 occurs. Sell rallies
MARCH AUSSIE DOLLAR Resistance should appear near 7836 to 7864 and the 7939 to 7954 region. BW Traders can sell at 7939 and risk a close over 7967 for three days in a row.
Support should appear near the 7777 to 7763 and 7689 to 7675. BW Traders should go short if a close under 7672 occurs.
Stay tuned for Forex flashes and updates.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1253.0 and the 1268.0 to 1274.0 region.
Support should appear near 1238.0 to 1232.0 and 1203.0 to 1192.0
MARCH COPPER Resistance should appear near 26120 to 26200 and the 26630 to 26720 region.
Support should appear near 24690 to 24610 and 23700 to 23540.
MARCH SILVER
Support should appear near 1689 and 1655 to 1642.
Resistance is at 1731.0 to 1738.0 and the 1774.0 to 1780.0 region.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Support should appear near 5211 to 5200 and 4995 to 4973
Resistance should appear near 5344 to 5350 and 5492 to 5504
APRIL CRUDE OIL
Support should appear near 5282 to 5259 and 5139 to 5127
Resistance should appear near 5418 to 5430 and 5553 to 5577
APRIL BRENT CRUDE OIL
Support should appear near 5880 to 5855 and 5805 to 5792
Resistance should appear near 6023 to 6035 and 6119 to 6134
MARCH HEATING OIL
Support should appear near 18220 to 18080 and 17380 to 17310
Resistance should appear 19020 to 19090 and 19460 to 19530
MARCH UNLEADED GAS
Support should appear 15350 to 15290
Resistance should appear near 16090 to 16150
MARCH NATURAL GAS
Support should appear near 2.568 to 2.552 and 2.519 to 2.510
Resistance should appear near 2.663 to 2.672 and 2.716 to 2.724.
Stay Tuned for Energy Flashes
THE GRANDE’ GRAINS
MARCH SOYBEANS Support should appear near 964 ¼ to 962 ½. Below that a test of 934 ¾ to 931 ¾ is likely.
Resistance should appear near 982 ¼ to 983 ½ and the 992 ¼ to 993 ¾ region. Beyond that sellers should appear near 1010 ½ to 1013 ¾ and cap a rally.
MARCH SOYOIL Support should appear near 3102 to 3092 and the 3045 to 3036 region. Resistance should appear near the 3261 to 3270 region. Beyond that sellers should appear near the 3319 to 3328 region and cap a rally.
MARCH SOYMEAL Resistance should appear near 337.7 to 338.6 and 342.5 to 344.3. Support should appear near 327.0 to 326.1, below that a test of 321.3 to 319.4 is likely.
MARCH CORN
Support should appear near 380 ¾ to 379 ½ and 374 ¼ to 373 ¼ Resistance should appear near the 398 ¼ to 399 ¼ region. Beyond that sellers should appear near 411 to 412 and cap a rally.
MARCH WHEAT Support should appear near 521 ¼ to 520 and the 506 ¾ to 505 ¾ region.
Resistance should appear near 541 ¾ to 543 and 555 ¼ to 557 ¾
Stay tuned for Grain flashes and updates.
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 15350 to 15290 and 15127.
Resistance should appear 15527 and 15680 to 15760.
JUNE CATTLE Support should appear near 14590 to 14530 and 14372.
Resistance should appear near 14717 and 14840 to 14960.
APRIL HOGS
Support should appear near 6672 to 6657 and the 6592 to 6572 region.
Resistance should appear near 6742 to 6757 and 6807 to 6837.
JUNE HOGS
Support should appear near 7957 to 7932 and 7867 to 7837
Resistance should appear near 8027 to 8042 and 8117 to 8132
Stay Tuned for Livestock Flashes.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 17310 to 17380 and the 17740 to 17800 region.
Support should appear near 16960 to 16890 and 16540 to 16430
MAY COCOA
Resistance should appear near 2874 to 2883. Beyond that sellers should appear near 2928 to 2937.
Support should appear near 2829 to 2820 and 2775 to 2758.
MAY SUGAR
Resistance is near 1484 to 1496 Support should appear near 1453 and 1421 to 1415
MAY COTTON
Support should appear near 6035 to 6023 and the 6957 to 5945 region, and should hold for now.
Resistance is at 6335 to 6350 and 6430 to 6417
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
Monday February 9th, 2015 3:15 PM South Florida Beach Time
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