Futures Trading Investment Comments
Thursday February 18, 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.
Wednesday February 17th 2016
5:30 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 16,420.00 and 16,285.00.
Resistance should appear near 16,720.00 and 16,890.00
DOW JONES TRANSPORTS
Support should appear near 7255.00 to 7242.00 and 7170.00 to 7143.00.
Resistance should appear near 7486.00 to 7513.00 and 7587.00 to 7601.00
MARCH E-MINI SP500
Resistance should appear near 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 1909.00 to 1902.00.
NASDAQ COMPOSITE
Resistance should appear 4639.00 to 4650.00 and 4695.00 to 4717.00
Support should appear near 4446.00 to 4425.00 and 4381.00 to 4370.00.
MARCH E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00 and 4120.00 to 4110.00
Resistance is at 4238.00 to 4249.00 and the 4304.00 to 4315.00 region. BW Traders can sell June at 4231.00 and risk a close over 4252.00 for three days in row.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1032.00 to 1036.00
Support should appear near 1003.70 to 1002.10
MARCH 30 YR BONDS
Resistance should appear near 165-07 and 165-21.
Support should appear near 163-21 and 162-07
MARCH 10 YR NOTES
Resistance should appear near 131-07 and 131-21.
Support should appear near 129-21 and 129-07
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 10104 to 10136
Support should appear near 10037 to 10021.
MARCH BRITISH POUND
Support should appear near 14210 to 14150 and 13992 Resistance should appear near 14370 and 14447.
MARCH CANADIAN DOLLAR
Resistance should appear near 7414 to 7428
Support should appear near 7255 to 7242
MARCH AUSSIE DOLLAR Resistance should appear near 7328 to 7342
Support should appear near 7088 to 7074 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 3328 to 3319 and 3171 to 3260
Resistance should appear near 3553 to 3563 and 3613 to 3623
MAY CRUDE OIL
Support should appear near 3443 to 3425 and 3386 to 3377
Resistance should appear near 3613 to 3623 and 3734 to 3743. BW Traders can sell at 3612, risk a close over 3637 for three days in a row.
APRIL BRENT CRUDE OIL
Support should appear near 3443 to 3425 and 3386 to 3377.
Resistance should appear near 3663 to 3682 and 3795 to 3806
MARCH HEATING OIL
Support should appear near 10680 to 10580
Resistance should appear 11640 to 11690
MARCH UNLEADED GAS
Support should appear near 10037 to 10021
Resistance should appear 10580 to 10680
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 893 ½ to 896 ½ and 904 ½ to 906 MAY SOYOIL Support should appear near 3157 to 3148
Resistance should appear near 3319 to 3328
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 379 ½ to 380 ¾
MAY WHEAT Support should appear near 471 ¾ to 469 ½ and 465 to 463 ¾.
Resistance should appear near 477 ¾ to 478 ½ and the 484 ½ to 485 ¾ region. BW Traders can sell at 477 ¾ and hold for lower prices. THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near the 13340 and 13227
Resistance should appear near 13460 and 13537
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 8117 to 8137 and 8192 to 8222
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 2928 to 2937 and 2972 to 2990. 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
Wednesday February 17, 2016 6:50 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.
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