Futures Trading Investment Comments
Friday August 5, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Thursday August 4, 2016
10:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 18,220.00 to 18,080.00.
Resistance is at 18,400.00 and the 18,580.00 to 18,650.00 region.
DOW JONES TRANSPORTS
Support should appear near 7689.00 to 7675.00 and 7601.00 to 7587.00. Resistance should appear near 7763.00 to 7777.00 and the 7836.00 to 7864.00 region.
SEPT E-MINI SP500
Resistance should appear near the 2170.00 to 2185.00 region. Support should appear near 2152.00 and the 2134.00 to 2126.00 region.
NASDAQ COMPOSITE
Resistance should appear near 5200.00 to 5211.00
Support should appear near 5137.00 to 5127.00
SEPT E-MINI NASDAQ 100
Support should appear near 4717.00 to 4695.00 and 4650.00 to 4639.00
Resistance is at 4775.00 to 4785.00 and 4845.00 to 4856.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00.
Support should appear near 1203.00 to 1192.00.
SEPT 30 YR BONDS
Resistance should appear near 174-21 and 175-21
Support should appear near 172-07 and 171-21
SEPT 10 YR NOTES
Resistance should appear near 133-21 and 134-07
Support should appear near 132-07 and 131-07.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9625 to 9641 and 9706 to 9737 Support should appear near 9542 to 9526 and 9445 to 9429
JAPANESE YEN
Resistance should appear 10021 to 10037 and 10104 to 10136. Support should appear near 9837 to 9821 and 9737 to 9706
SEPT EURO CURRENCY
Support should appear near 11087 and the 11010 to 10960 region. Resistance should appear near 11227 and the 11300 to 11360 region. SEPT SWISS FRANC
Resistance should appear near 10320 to 10360 and 10470
Support should appear near 10227 and 10187.
SEPT BRITISH POUND
Support should appear near 13100 to 13040 and 12890
Resistance should appear near 13220 and 13340 to 13460
SEPT CANADIAN DOLLAR
Resistance should appear near 7727 and 7763 to 7777
Support should appear near 7638 and 7601 to 7587.
BW Traders can sell if a close under 7584 occurs.
SEPT AUSSIE DOLLAR Resistance should appear near 7675 to 7689 and 7726
Support should appear near 7601 to 7587. THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1377.0 to 1383 and 1415 to 1421
Support should appear near 1361.5 and 1346.0 to 1334.0
SEPT COPPER
Resistance should appear 21850 and 22190 to 22260
Support should appear near 21340 to 21260 and the 20890 to 20800 region.
SEPT SILVER
Resistance should appear near 2080.0 to 2089.0
Support is at 1996.0 to 1989.0.
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Support should appear near 4120 to 4110 and 4056 to 4046
Resistance should appear near 4163 to 4183 and 4238 to 4249
OCTOBER CRUDE OIL
Support should appear near 4183 to 4163 and 4120 to 4110
Resistance should appear near 4249 and 4304 to 4315.
OCTOBER BRENT CRUDE OIL
Support should appear near 4370 and 4315 to 4304
Resistance should appear near 4425 to 4446 and 4503 to 4514
SEPT HEATING OIL
Support should appear near 13040 and 12740 to 12680.
Resistance should appear near 13340 to 13460 and 13615
SEPT UNLEADED GAS
Support should appear near 13460 to 13340 and 13100 to 13040
Resistance is at 13770 to 13830 and 13990.
SEPT NATURAL GAS
Support should appear near 2775 to 2758 Resistance should appear near 2874 to 2883
THE GRANDE’ GRAINS
SEPTEMBER SOYBEANS
Support should appear near 964 ¼ to 962 1/2 and 954 ¼ to 952 ¾
Resistance should appear near 992 ¼ to 993 ¾ and 1002 ¼ to 1003 ¼
NOVEMBER SOYBEANS
Support should appear near 954 ¼ to 952 ¾ and 934 ¾ to 931 ¾
Resistance should appear near 970 ¾ to 973 ¾ 982 ¼ to 983 ¼
SEPTEMBER SOYOIL Support should appear near 2990 to 2972
Resistance should appear near 3092 to 3102
DECEMBER SOYMEAL
Resistance should appear near 331.9 to 332.8 and 337.7 to 338.6
Support should appear near 321.3 to 319.4 and 315.7 to 314.8
SEPTEMBER CORN
Support should appear near 321 ¼ to 319 ¼ and 315 ¾ to 314 ¾
Resistance should appear near 326 ¼ to 327 and 331 ¾ to 332 ¾
SEPTEMBER WHEAT Support should appear near 405 ¾ to 404 ¾ and 399 ¼ to 398 ¼.
Resistance should appear near 411 to 412 and 416 ¼ to 418 ¼
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 11360 to 11300 Resistance should appear near 11500 and the 11640 to 11690 region. DECEMBER CATTLE
Support should appear near 11360 to 11300. Resistance should appear near the 11640 to 11690 region.
AUGUST HOGS
Support should appear near 6757 to 6742 and 6672 to 6657
Resistance should appear near 6807 to 6837 and 6907 to 6922
OCTOBER HOGS
Resistance should appear near 5857 to 5882 and 5947 to 5957.
Support should appear near 5807 to 5792 and 5732 to 5717. BW Traders should go short if a close under 5787 occurs.
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 14530 to 14590. Support should appear near the 13830 to 13770 region. SEPTEMBER COCOA Support should appear near 2937 to 2928 Resistance should appear near 3038 to 3045
OCTOBER SUGAR Resistance is near 1982 to 1996 and 2034 to 2042 Support should appear near 1909 to 1902 and 1865 to 1858 DECEMBER COTTON Support should appear near 7428 to 7414 Resistance should appear near 7763 to 7777
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
Thursday August 4, 2016 11:25 PM South Florida Beach Time
FuturesCom Investment Publications © 1996 – 2016 All Rights Reserved
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.