Futures Trading Investment Comments
Wednesday April 20, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Tuesday April 19th 2016
5:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at the 17,800.00 to 17.740.00 region.
Resistance remains near the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS
Support should appear near 8044.00 to 8029.00
Resistance should appear near 8300.00 to 8314.00
JUNE E-MINI SP500
Resistance should appear near 2126.00 to 2134.00
Support should appear near 2080.00 and 2061.00.
NASDAQ COMPOSITE
Resistance should appear 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 and 4381.00 to 4370.00
Resistance is at 4571.00 to 4582.00 and 4639.00 to 4650.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00
Support should appear near 1130.00 and 1115.50.
JUNE 30 YR BONDS
Resistance should appear near 165-21 and 166-21.
Support should appear near 164-22 and 164-07
JUNE 10 YR NOTES
Resistance should appear near 130-21 and 131-07.
Support should appear near 129-21 and 129-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9429 to 9445 Support should appear near 9347 to 9316.
JUNE JAPANESE YEN
Resistance should appear near 9237 and 9316 to 9347 Support should appear near 9156 to 9140 and 9060 to 9044
JUNE EURO CURRENCY
Support should appear near 11360 to 11300 and 11155 Resistance should appear near 11500 and 11640 to 11690 BW Traders can sell at 11633, risk a close over 11697 for three days in a row.
JUNE SWISS FRANC
Resistance should appear near 10580 to 10680
Support should appear near 10360 and 10320
JUNE BRITISH POUND
Support should appear near 14210 to14150 Resistance should appear near 14530 to 14590
JUNE CANADIAN DOLLAR
Resistance should appear near 7939 to 7954
Support should appear near 7777 to 7763
JUNE AUSSIE DOLLAR Resistance should appear near 7807 and 7836 to 7864
Support should appear near 7689 to 7675
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0
MAY COPPER
Resistance should appear 23150 to 23220
Support should appear near 21340 to 21260.
MAY SILVER
Support should appear near 1655 to 1642
Resistance is at 1731 to 1738
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 3992 to 3982 and 3929 to 3909
Resistance should appear near 4163 to 4183 and 4238 to 4249
JUNE CRUDE OIL
Support should appear near 4120 to 4110 and 4056 to 4046
Resistance should appear near 4238 to 4249 and 4304 to 4315
BW Traders should go Short if July Crude Oil closes under 4162
JUNE BRENT CRUDE OIL
Support should appear near 4249 to 4238 then 4183 to 4163
Resistance should appear near 4370 to 4381 and 4425 to 4446
MAY HEATING OIL
Support should appear near 12030 to 11920 and 11690 to 11640
Resistance should appear 12680 to 12740 and 13040 to 13100
MAY UNLEADED GAS
Support should appear near 14210 to 14150 and 13830 to 13770
Resistance should appear 14840 to 14960 and 15290 to 15350
JUNE NATURAL GAS
Support should appear near 2089 to 2080 Resistance should appear near 2315 to 2322
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 973 ¾ to 970 ¾
Resistance should appear near 1002 ¼ to 1003 1/4
MAY SOYOIL Support should appear near 3386 to 3377
Resistance should appear near 3553 to 3563
MAY SOYMEAL
Resistance should appear near 319.4 to 321.3
Support should appear near 299.0 to 297.2
MAY CORN
Support should appear near 374 ¼ to 373 ½ Resistance should appear near 398 ¼ to 399 ¼
MAY WHEAT Support should appear near 478 ½ to 477 ½
Resistance should appear near 505 ¾ to 506 ¾
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear 11690 to 11640
Resistance should appear near 11920 to 12030.
AUGUST CATTLE
Support should appear 11360 to 11300
Resistance should appear 11640 to 11690
JUNE HOGS
Resistance should appear near 7937 to 7957 and 8027 to 8042
Support should appear near 7687 to 7672 and 7602 to 7587
AUGUST HOGS
Resistance should appear near 7837 to 7867 and 7937 to 7957.
Support should appear near 7777 to 7762 and 7607 to 7587
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 13040 to 13100 Support should appear near 12500 and 12380 to 12320
JULY COCOA Support should appear near 2990 to 2972 Resistance should appear 3092 to 3102 JULY SUGAR Resistance is near 1609 to 1615 Support should appear near 1535 to 1529
JULY COTTON Support should appear near 6035 to 6023 and 5957 to 5945. Resistance should appear near 6337 to 6350 and 6417 to 6430
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 April 19, 2016 6:10 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