Futures Trading Investment Comments
Friday August 12, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Thursday August 11, 2016
4:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 18,580.00 and 18,400.00.
Resistance is at 18,885.00 and the 19,020.00 to 19,090.00 region.
DOW JONES TRANSPORTS
Support should appear near 7836.00 and 7777.00 to 7763.00 Resistance should appear near 7864.00 and 7939.00 to 7954.00
SEPT E-MINI SP500
Resistance should appear near 2202.00 and 2219.00 to 2226.00 Support should appear near 2170.00 and 2152.00.
NASDAQ COMPOSITE
Resistance should appear near 5259.00 to 5282.00
Support should appear near 5211.00 to 5200.00
SEPT E-MINI NASDAQ 100
Support should appear near 4785.00 to 4775.00
Resistance is at 4845.00 to 4856.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00
Support should appear near 1217.00 and 1203.00 to 1192.00.
SEPT 30 YR BONDS
Resistance should appear near 172-21 and 173-07
Support should appear near 170-21 and 169-21
SEPT 10 YR NOTES
Resistance should appear near 132-21 and 133-07
Support should appear near 131-21 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 9921 to 9937 Support should appear near 9737 to 9706
SEPT EURO CURRENCY
Support should appear near 11087 and 11010 to 10960 Resistance should appear near 11237 and 11300 to 11360 SEPT SWISS FRANC
Resistance should appear near 10320 to 10360
Support should appear near 10185 and 10136 to 10104
SEPT BRITISH POUND
Support should appear near 12890 and 12740 to 12680
Resistance should appear near 13040 to 13100
SEPT CANADIAN DOLLAR
Resistance should appear near 7763 to 7777 and 7836 to 7864
Support should appear near 7689 to 7675 and 7638.
SEPT AUSSIE DOLLAR Resistance should appear near 7763 to 7777
Support should appear near 7689 to 7675 and 7638 THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1361.5 and 1377.0 to 1373.0
Support should appear near 1334.0 and 1322.0
SEPT COPPER
Resistance should appear 22190 to 22260
Support should appear near 21340 to 21260.
SEPT SILVER
Resistance should appear 2034.0 to 2042.0 and 2080.0 to 2089.0
Support is at 1996.0 to 1989.0 and 1954.0 to 1946.0
THE EXCITING ENERGIES
SEPTEMBER CRUDE OIL
Support should appear near 4315 to 4304 and 4249 to 4238
Resistance should appear near 4370 to 4381 and 4425 to 4445
OCTOBER CRUDE OIL
Support should appear near 4315 to 4304 and 4183 to 4163
Resistance should appear near 4425 to 4445 and 4503 to 4514
OCTOBER BRENT CRUDE OIL
Support should appear near 4514 to 4503 and 4445 to 4425
Resistance should appear near 4639 to 4650 and 4695 to 4717
SEPT HEATING OIL
Support should appear near 13770 and 13460 to 13340
Resistance should appear near 13990 and 14150 to 14210
SEPT UNLEADED GAS
Support should appear near 13460 to 13340 and 13100 to 13040
Resistance is at 13770 to 13830 and 14150 to 14210
OCT NATURAL GAS
Support should appear near 2519 to 2511 and 2469 to 2461 Resistance should appear near 2612 to 2620 and 2663 to 2672
THE GRANDE’ GRAINS
SEPTEMBER SOYBEANS
Support should appear near 983 ¾ to 982 ¾ and 973 ¾ to 970 ¾
Resistance should appear near 1032 to 1036 and 1047
NOVEMBER SOYBEANS
Support should appear near 973 ¾ to 970 ¾ and 934 ¾ to 931 ¾
Resistance should appear near 992 ¼ to 993 ¾ and 1010 ½ to 1013 ¾
SEPTEMBER SOYOIL Support should appear near 3045 to 3036
Resistance should appear near 3261 to 3270
DECEMBER SOYMEAL
Resistance should appear near 337.7 to 338.6 and 342.5 to 344.3
Support should appear near 321.3 to 319.4 and 315.7 to 314.8
SEPTEMBER CORN
Support should appear near 315 ¾ to 314 ¾ and 304 ½ to 303 ¾
Resistance should appear near 331 ¾ to 332 ¾ and 337 ¾ to 338 ¾
SEPTEMBER WHEAT Support should appear near 405 ¾ to 404 ¾ and 386 ¾ to 385 ¾
Resistance should appear near 423 ¾ to 424 ¾ and 442 ½ to 444 ¾
THE LIVELY LIVESTOCK
OCTOBER CATTLE
Support should appear near 11360 to 11300 Resistance should appear near 11500 and the 11640 to 11690 region. BW Traders should go short if a close under 11297 occurs DECEMBER CATTLE
Support should appear near 11360 to 11300. Resistance should appear near the 11640 to 11690 region.
AUGUST HOGS
Support should appear near 6672 to 6657 and 6592 to 6577
Resistance should appear near 6742 to 6757 and 6807 to 6837
OCTOBER HOGS
Resistance should appear near 5855 to 5880 and 5947 to 5957
Support should appear near 5807 to 5792 and 5732 to 5712
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 13990 and 14150 to 14210 Support should appear near the 13460 to 13340 region. SEPTEMBER COCOA Support should appear near 2990 to 2972 and 2937 to 2928 Resistance should appear near 3036 to 3045 and 3092 to 3102 OCTOBER SUGAR Resistance is near 1982 to 1996 and 2034 to 2042 Support should appear near 1953 to 1946 and 1909 to 1902 DECEMBER COTTON Support should appear near 7088 to 7074 then 7003 to 6990 and 6919 to 6906 Resistance should appear near 7242 to 7255 then 7328 to 7342 and 7414 to 7428.
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 11, 2016 5:35 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.