Futures Trading Investment Comments
Tuesday February 23, 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.
Monday February 22, 2016
2:30 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 16,550.00 to 16,420.00.
Resistance should appear near 16,720.00 and 16,890.00.
DOW JONES TRANSPORTS
Support should appear near 7342.00 to 7328.00 and 7255.00 to 7242.00.
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 1927.50 and 1909.00 to 1902.00.
NASDAQ COMPOSITE
Resistance should appear 4571.00 to 4582.00 and the 4639.00 to 4650.00 region.
Support should appear near 4514.00 to 4503.00 and 4446.00 to 4425.00.
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 1013.60 to 1010.40
MARCH 30 YR BONDS
Resistance should appear near 166-21 and 167-07
Support should appear near 165-21 and 165-07
MARCH 10 YR NOTES
Resistance should appear near 131-07 and 131-21
Support should appear near 130-07 and 129-21
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9779 and 9821 to 9837 Support should appear near 9706 and 9641 to 9625.
MARCH JAPANESE YEN
Resistance should appear near 8934 to 8964. Support should appear near 8777 to 8762.
MARCH EURO CURRENCY
Support should appear near 11010 to 10960. Resistance should appear near 11082 and 11155. MARCH SWISS FRANC
Resistance should appear near 10104 to 10136
Support should appear near 9937 to 9921
MARCH BRITISH POUND
Support should appear near 13992 and 13830 to 13770 Resistance should appear near 14210 and 14370.
MARCH CANADIAN DOLLAR
Resistance should appear near 7328 to 7342
Support should appear near 7255 to 7242
MARCH AUSSIE DOLLAR Resistance should appear near 7242 to 7255 and 7327
Support should appear near 7170 to 7143
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1217.5 and 1232.0 to 1238.0
Support should appear near 1203.0 to 1192.0 and 1180.50
MAY COPPER
Resistance should appear near 21260 to 21340 and 21700 to 21850
Support should appear near 20890 to 20800 and 20420 to 20340.
MAY SILVER
Support should appear near 1496.0 to 1484.0 and 1459.0 to 1453.0
Resistance is at 1529.0 to 1535.0 and 1569.0 to 1576.0
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 3270 to 3261 and 3213 to 3194.
Resistance should appear near 3377 to 3386 and 3425 to 3443
MAY CRUDE OIL
Support should appear near 3328 to 3319 then 3270 to 3261 and 3213 to 3194.
Resistance should appear near 3553 to 3563 and 3613 to 3623. BW Traders can sell at 3612 and risk a close over 3637 for three days in a row.
APRIL BRENT CRUDE OIL
Support should appear near 3386 to 3377 and 3328 to 3319
Resistance should appear near 3553 to 3562 and 3613 to 3623
MARCH HEATING OIL
Support should appear near 10136 to 10104 and 9937 to 9921
Resistance should appear 10580 to 10630 and 10680.
MARCH UNLEADED GAS
Support should appear near 9737 to 9706 and 9347 to 9316
Resistance should appear 10320 to 10360 and 10580 to 10680
APRIL NATURAL GAS
Support should appear near 1.822 to 1.808 and 1.780 to 1.774
Resistance should appear near 1.902 to 1.909 and 1.946 to 1.953
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 877 ¾ to 876 ¼ and 868 ¼ to 866 ¾
Resistance should appear near 885 ¾ to 887 ¼ and 893 ½ to 896 ½ MAY SOYOIL Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3328
MAY SOYMEAL
Resistance should appear near 271.6 to 272.4.
Support should appear near 262.0 to 261.2
MAY CORN
Support should appear near 368 ¼ to 366 ½ Resistance should appear near 379 ½ to 380 ¾
MAY WHEAT Support should appear near 458 ¼ to 457 ¾
Resistance should appear near 469 ½ to 471 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near the 13400 and 13340
Resistance should appear near 13537 and 13607
JUNE CATTLE
Support should appear 13220 and 12177.
Resistance should appear near 12447 and 12527
APRIL HOGS
Resistance should appear near 6907 to 6922 and 6987 to 7007
Support should appear near 6837 to 6807 and 6757 to 6742
JUNE HOGS
Resistance should appear near 8027 to 8042 and 8117 to 8132
Support should appear near 7957 to 7937 and 7867 to 7832
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 12320 to 12380. Support should appear near 12030 to 11920. 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 1304 to 1310 region. Support should appear near 1274 to 1268. MAY COTTON Support should appear near 5880 to 5855 and 5805 to 5792. Resistance should appear near 6023 to 6035 and 6101 to 6113 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
Monday February 22, 2016 3:45 PM South Florida Beach Time
FuturesCom Investment Publications © 1996 – 2016 All Rights Reserved
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.