Futures Trading Investment Comments

Wednesday February 17, 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.

The main purpose of the stock market is to make fools of as many men as possible. — Bernard Baruch.

                                    

Tuesday February 16th 2016

1:00 PM, South Florida Beach Time

Stay tuned for Flashes and Updates in all Markets

 

                                    THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE Support is at 16,090.00 and 15,925.00.

Resistance should appear near 16,285.00 and 16,420.00 to 16,550.00.

 

DOW JONES TRANSPORTS

Support should appear near 7143.00 and 7088.00 to 7074.00.

Resistance should appear near 7328.00 to 7342.00.

MARCH E-MINI SP500

Resistance should appear 1902.00 to 1909.00 and the 1946.00 to 1953.00 region. BW Traders can sell June SP500 at 1945.75 and risk a close over 1957.75 for three days in a row.

Support should appear near 1883.50 and the 1865.00 to 1858.00 region.

 

NASDAQ COMPOSITE

Resistance should appear 4503.00 to 4514.00 and the 4571.00 to 4582.00 region.

Support should appear near 4381.00 to 4370.00 and 4315.00 to 4304.00.

 

MARCH E-MINI NASDAQ 100

Support should appear near 4056.00 to 4046.00 and 3992.00 to 3982.00.

Resistance is at 4163.00 to 4183.00 and the 4238.00 to 4249.00 region. BW Traders can sell June at 4231.00 and risk a close over 4252.00 for three days in row. Stay tuned for flashes

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1002.10 to 1003.70 and 1010.40 to 1013.60.

Support should appear near 983.70 to 982.10 and 973.70 to 970.60.

 

MARCH 30 YR BONDS

Resistance should appear near 166-07 and 166-21.

Support should appear near 164-22 and 164-07

 

MARCH 10 YR NOTES

Resistance should appear near 131-21 and 132-07.

Support should appear near 130-07 and 129-21.                                                                

                                                             

                                                 THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 9706 to 9737 and 9779.   Support should appear near 9641 to 9625.

MARCH JAPANESE YEN

Resistance should appear near 8856 to 8871 and 8934 to 8964. Support should appear near 8683 to 8668 and the 8589 to 8560 region.

 

 

MARCH EURO CURRENCY

Support should appear near 11010 to 10960. Resistance should appear near 11300 to 11360.   MARCH SWISS FRANC

Resistance should appear near 10187 and 10227.

Support should appear near 10104 and 10037 to 10021.

 

MARCH BRITISH POUND

Support should appear near 14210 to 14150 and 13992 Resistance should appear near14370 and 14447.

 

MARCH CANADIAN DOLLAR

Resistance should appear near 7242 to 7255 and the 7328 to 7342 region.

Support should appear near 7170 to 7143 and the 7088 to7074 region.

 

MARCH AUSSIE DOLLAR Resistance should appear near the 7143 to 7170 region.

Support should appear near 7074 and the 7003 to 6990 region.                                           THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1217.5 and 1232.0 to 1236.0

Support should appear near 1203.00 to 1192.00 and 1169.0 to 1164.0.

MAY COPPER

Resistance should appear near 20800 to 20890 and the 21260 to 21340 region.

Support should appear near 19960 to 19820 and 19530 to 19460.

 

MAY SILVER

Support should appear near 1496.0 to 1484.0.

Resistance is at 1569.0 to 1576.0.

 

                                                     THE EXCITING ENERGIES

APRIL CRUDE OIL

Support should appear near 3045 to 3036 and 2937 to 2928.

Resistance should appear near 3148 to 3157 and 3194 to 3213 region.

 

MAY CRUDE OIL

Support should appear near 3213 to 3194 and 3157 to 3148.

Resistance should appear near 3319 to 3328 and 3377 to 3386

BW Traders should go short if a close under 3191 occurs.

 

APRIL BRENT CRUDE OIL

Support should appear near 3213 to 3194 and the 3157 to 3148 region.

Resistance should appear near 3261 to 3270 and 3319 to 3328.      

MARCH HEATING OIL

Support should appear near 10136 to 10104 and 10037 to 10021

Resistance should appear 10320 to 10360 and 10580 to 10680.

 

MARCH UNLEADED GAS

Support should appear near 9445 to 9429 and 9156 to 9140

Resistance should appear 10021 to 10037 and 10104 to 10136.
APRIL NATURAL GAS

Support should appear near 1.953 to 1.946 and 1.865 to 1.858.

Resistance should appear near 2.034 to 2.042 and 2.080 to 2.089                                                                                                                                      

 

                                                 THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 877 ¾ to 876 ¼ and 868 ¼ to 866 ¾

Resistance should appear near the 885 ¾ to 887 ¼ region and 893 ½ to 896 ½. MAY SOYOIL Support should appear near 3102 to 3092 and 3045 to 3036.

Resistance should appear near 3213 and 3261 to 3270.
MAY SOYMEAL

Resistance should appear near 271.6 to 272.4 and 275.8 to 277.4.

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         Resistance should appear near 373 ½ to 374 ¼

 

MAY WHEAT Support should appear near 465 to 463 ¾ and 458 ¼ to 457 ¼.

Resistance should appear near 471 ¾ and the 477 ¾ to 478 ½ region. BW Traders can sell at 477 ¾ and hold for lower prices.                                                                                                                                                                                                                 THE LIVELY LIVESTOCK  

APRIL CATTLE

Support should appear near the 13100 to 13040 region.

Resistance should appear near the 13340 to 13460 region

JUNE CATTLE

Support should appear 12177 and 12030 to 11920.

Resistance should appear near 12320 and 12380

APRIL HOGS

Resistance should appear near 7142 to 7170 and 7242 to 7257

Support should appear near the 7007 to 6987 and the 6857 to 6742 region.

 

JUNE HOGS

Resistance should appear near 8027 to 8042 and 8117 to 8137

Support should appear near 7957 to 7937 and 7867 to 7832.

       

                                           THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 11820 and the 11920 to 12030 region. Support should appear near 11640 and the 11360 to 11300 region. MAY COCOA Support should appear near 2829 to 2820 and 2724 to 2716. Resistance should appear near 2874 to 2883 and the 2928 to 2937 region. Beyond that sellers should appear near 2972 to 2990 and cap a rally. BW Traders can sell at 2971 and hold for lower prices. MAY SUGAR Resistance is near the 1334 to 1343 region. Beyond that sellers should appear near 1377 to 1383. BW Traders can sell at 1372 and hold for lower prices. Support should appear near 1274 to 1268 and the 1232 to 1238 region. MAY COTTON Support should appear near 5880 to 5855 and 5805 to 5792.    Resistance should appear near 5957 and the 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 16, 2016 2:45 PM 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.