Futures Trading Investment Comments
Wednesday February 10, 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.
Tuesday February 9th, 2016
3:00 PM, South Florida Beach Time
Traders should stay tuned for flashes and updates during extreme market volatility.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 15,925.00 and the 15,760.00 to 15,690.00 region.
Resistance should appear near 16,090.00 to 16,150.00 and 16,285.00
DOW JONES TRANSPORTS
Support should appear near 6919.00 to 6906.00 and 6836.00 to 6809.00
Resistance should appear near 7074.00 to 7088.00 and 7143.00 to 7170.00
MARCH E-MINI SP500
Resistance should appear 1858.00 to 1865.00 then 1883.50 and 1902.00 to 1909.00 Support should appear near 1822.00 to 1808.00 and 1780.00 to 1774.00
NASDAQ COMPOSITE
Resistance should appear at 4304.00 to 4315.00 and 4370.00 to 4381.00.
Support should appear near 4238.00 then 4183.00 to 4163.00 and 4120.00 to 4110.00
MARCH E-MINI NASDAQ 100
Support should appear near 3867.00 to 3858.00 and 3806.00 to 3795.00
Resistance is at 3982.00 to 3992.00 and 4046.00 to 4056.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 970.60 to 973.70 then 982.10 to 983.70 and 992.10 to 993.70. Support should appear near 952.60 then 944.50 to 942.90 and 934.70 to 931.60
MARCH 30 YR BONDS
Resistance should appear near 166-21 then 167-07 and 168-21
Support should appear near 165-07 and 164-21
MARCH 10 YR NOTES
Resistance should appear near 131-21 and 132-07
Support should appear near 130-22 and 130-07
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9625 to 9641 and 9706 to 9737 Support should appear near 9541 to 9526 and 9445 to 9429 MARCH JAPANESE YEN
Resistance should appear near 8762 to 8777 and 8856 to 8871 Support should appear near 8668 and 8589 to 8560
MARCH EURO CURRENCY
Support should appear near 11155 and 11010 to 10960. Resistance should appear near 11360 and 11497
MARCH SWISS FRANC
Resistance should appear near 10320 to 10360 and 10470
Support should appear near 10187 and 10136 to 10104
MARCH BRITISH POUND
Support should appear near 14370 and 14210 to 14150 Resistance should appear near 14530 to 14590 and 14712
MARCH CANADIAN DOLLAR
Resistance should appear near 7242 to 7255 and 7328 to 7342
Support should appear near 7170 to 7143 and 7107
MARCH AUSSIE DOLLAR Resistance should appear near 7074 to 7088 then 7117 and 7143 to 7170.
Support should appear near 7003 to 6990 and 6836 to 6809.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1192.0 to 1203.0 and 1232.0 to 1238.0
Support should appear near 1180.5 and 1169.00 to 1164.0
MARCH COPPER
Resistance should appear near 20800 to 20890 and 21260 to 21340
Support should appear near 19960 to 19820 and 19530 to 19460
MARCH SILVER
Support should appear near 1496.0 to 1484.0 and 1453.0 to 1459.0
Resistance is at 1529.0 to 1535.0 and 1569.0 to 1576.0
THE EXCITING ENERGIES
MARCH CRUDE OIL
Support should appear near 2775 to 2759 then 2724 to 2716 and 2672 to 2663.
Resistance should appear near 2874 to 2883 then 2928 to 2937 and 2972 to 2990.
APRIL CRUDE OIL
Support should appear near 2937 to 2928 and 2883 to 2874.
Resistance should appear near 3036 to 3045 then 3092 to 3102 and 3148 to 3157.
APRIL BRENT CRUDE OIL
Support should appear near 3047 then 2990 to 2972 and 2937 to 2928.
Resistance should appear near 3092 to 3102 then 3148 to 3157 and 3194 to 3213
MARCH HEATING OIL
Support should appear near 9921 to 9937 and 10021 to 10037
Resistance should appear 9737 to 9706 and 9641 to 9625
MARCH UNLEADED GAS
Support should appear near 9060 to 9044 then 8964 to 8934 and 8871 to 8856.
Resistance should appear 9316 to 9347 and 9429 to 9445.
APRIL NATURAL GAS
Support should appear near 2.134 to 2.126 and 2.089 to 2.080.
Resistance should appear near 2.170 to 2.185 and 2.219 to 2.226
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 858 ¾ to 856 and 840 ¾ to 839 ¾
Resistance should appear near 876 ¼ to 877 ¾ and 885 ¾ to 887 ¼
MAY SOYOIL Support should appear near 3045 to 3036 and 2990 to 2972. BW Traders can buy at 2997 and hold for higher prices.
Resistance should appear near 3148 to 3157 and 3194 to 3213
MAY SOYMEAL
Resistance should appear near 266.3 to 267.2 and 271.6 to 272.4
Support should appear near 262.0 to 261.2 and 256.8 to 255.2 MAY CORN
Support should appear near 362 ¼ to 361 ¼ and 356 ¼ to 355 ¼. Resistance should appear near 373 ¼ to 374 ¼ and 379 ½ to 380 ¾
MAY WHEAT Support should appear near 458 ¼ to 457 ¼ and 451 1/4 to 450 ¼
Resistance should appear near 463 ¾ to 465 and 469 ½ to 471 ¼.
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13100 to 13040 and 12967
Resistance should appear near 13217 and 13340 to 13460.
JUNE CATTLE
Support should appear near 12030 then 11975 and 11920
Resistance should appear near the 12172 and 12317 to 12377. BW Traders can sell at 12317 and hold for lower prices.
APRIL HOGS
Resistance should appear near 7072 to 7087 and 7137 to 7172
Support should appear near 6922 to 6907 and 6837 to 6812.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 11805 and 11920 to 12030 Support should appear near 11640 then 11505 and 11360 to 11300 MAY COCOA Support should appear near 2829 to 2820 and 2775 to 2758 Resistance should appear near 2874 to 2882 and 2928 to 2937 MAY SUGAR Resistance is near 1334 to 1346 and 1361. Support should appear near 1310 to 1304 and 1289.
MAY COTTON Support should appear near 5880 to 5855 and 5805 to 5792 Resistance is 5945 to 5957 and 6023 to 6035.
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 February 9, 2016 4:40 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.