X

Futures Daily Comments August 22-2016

Futures Trading Investment Comments

Monday August 22, 2016 Day Trading  Stock Index Futures •   Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.

Futures trading  flash alerts for day trading and  for most Futures markets are delivered frequently. Please stay tuned for our Stock Index and Futures day trading flashes

“Perfection is not attainable, but if we chase perfection we can catch excellence.” — Vince Lombardi

 

Sunday August 21st, 2016

5:00 AM, South Florida Beach Time

 

 

 

                                             THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE Support is at 18,400.00 and 18,220.00 to 18,080.00

Resistance is at 18,650.00 and 18,835.00.

 

DOW JONES TRANSPORTS

Support should appear near 7864.00 to 7836.00   Resistance should appear near 7939.00 to 7954.00 and 8029.00 to 8044.00.

 

SEPT E-MINI SP500

Resistance should appear near 2185.00 and 2202.00.

Support should appear near 2170.00 and 2146.00 to 2134.00

 

 

 

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 1238.00 and 1253.00

Support should appear near 1232.00 and 1217.50

 

SEPT 30 YR BONDS

Resistance should appear near 171-17 and 172-07

Support should appear near 170-07 and 169-21

SEPT 10 YR NOTES

Resistance should appear near 132-07 and 133-07.

Support should appear near 131-21 and 131-07                                                                                                                                                                

 

                                           THE FRENZIED FOREX FRONT

 

SEPT DOLLAR INDEX

Resistance should appear near 9542 to 9526 Support should appear near 9445 to 9429 and 9388

JAPANESE YEN

Resistance should appear 10021 to 10037 and 10104 to 10136   Support should appear near 9937 to 9921 and 9837 to 9821

 

SEPT EURO CURRENCY

Support should appear near 11300 and 11155. Resistance should appear near 11360 and 11427 SEPT SWISS FRANC

Resistance should appear near 10470 and10580 to 10680

Support should appear near 10360 to 10320

 

SEPT BRITISH POUND

Support should appear near 13040.

Resistance should appear near 13100 and 13220

SEPT CANADIAN DOLLAR

Resistance should appear near 7836 to 7864.

Support should appear near 7763 and 7727.

 

SEPT AUSSIE DOLLAR Resistance should appear near 7638 and 7675 to 7689.

Support should appear near 7601 to 7587 and 7513 to 7486 BW Traders should can sell at 7761 and risk 50 points.

                                        THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1361.50 and 1377.0 to 1383.0

Support should appear near 1340.0 and 1334.0

DECEMBER COPPER

Resistance should appear near 21850 and 22190 to 22260 Support should appear near 21340 to 21260 and 20890 to 20800.

 

DECEMBER SILVER

Resistance should appear near 1946.0 to 1953 and 1989.0 to 1996.0.

Support is at 1909.0 to 1902.0 and 1865.0 to 1858.0                                                        

                                    

                                                         THE EXCITING ENERGIES

OCTOBER CRUDE OIL

Support should appear near 4856 to 4845 and 4775 to 4785

Resistance should appear near 4915 to 4926 and 4973 to 4995

NOVEMBER CRUDE OIL

Support should appear near 4926 to 4915 and 4856 to 4845

Resistance should appear near 5056 to 5067 and 5127 to 5139

OCTOBER BRENT CRUDE OIL

Support should appear near 4856 to 4845 and 4785 to 4775

Resistance should appear near 5127 to 5139 and 5200 to 5211

OCTOBER HEATING OIL

Support should appear near 14960 to 14840 and 14590 to 14530

Resistance should appear near 15690 to 15760 and 16090 to 16150

OCTOBER UNLEADED GAS

Support should appear near 14210 to 14150 and 13830 to 13460

Resistance is at 14840 to 14960 and 15290 to 15350

OCTOBER NATURAL GAS

Support should appear near 2568 to 2552 Resistance should appear near 26630 to 26720                                                         THE GRANDE’ GRAINS

NOVEMBER SOYBEANS

Support should appear near 1003 ¾ to 1002 ¼ and 983 ¾ to 982 ¾

Resistance should appear near 1010 ½ to 1013 ¾ and 1032 to 1036. BW Traders can sell at 1031 ¾ and risk a close over 1047 ½ for three days in a row.

DECEMBER SOYOIL Support should appear near 3386 to 3377 and 3328 to 3319

Resistance should appear near 3493 to 3503 and 3553 to 3563
DECEMBER SOYMEAL

Resistance should appear near 326.1 to 327.0 and 337.7 to 338.6.

Support should appear near 321.3 to 319.4 and 315.7 to 314.8

DECEMBER CORN

Support should appear 332 ¾ to 331 ¾

Resistance should appear near 349 ¼ to 350 ½

 

DECMBER WHEAT Support should appear near 438 ¼ to 437 and 431 ½ to 430 ¼

Resistance should appear near 450 ¼ to 451 ½ and 457 ¼ to 458 ½                                                                                                                                                                                 

                                                                                                THE LIVELY LIVESTOCK  

OCTOBER CATTLE

Support should appear near 11010 to 10960 and 10822

Resistance should appear near 11082 and 11155

DECEMBER CATTLE

Support should appear near 11157 then 11082 and 11010 to 10960

Resistance should appear near 11300 to 11360

 

OCTOBER HOGS

Resistance should appear near 6257 to 6272 and 6337 to 6352

Support should appear near 6165 and 6117 to 6102
DECEMBER HOGS

Resistance should appear near 5792 to 5807 and 5852 to 5880

Support should appear near 5732 to 5717 and 5652 to 5637

                                          THE SATISFYING SOFTS

 

DECEMBER COFFEE

Resistance should appear near 14370 and 14530 to 14590 Support should appear near 13990 and 13830 to 13770 DECEMBER COCOA Support should appear near 3045 to 3036 and 2990 to 2972 Resistance should appear near 3092 to 3102 and 3148 to 3157 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 6755 to 6743 and 6673 to 6659 Resistance should appear near 6809 to 6836 and 6906 to 6919  

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

Sunday August 21, 2016

8:05 AM South Florida Beach Time

 

Terms of Use and Agreement 

FuturesCom Investment Publications © 1996 – 2016 All Rights Reserved

https://futurescom.com/futurescom-policies-and-terms-of-usage-and-agreement

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.

wmc: