Futures Trading Investment Comments
Thursday February 25, 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.
Wednesday February 24, 2016
3:00 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 16,285.00 and the 16,150.00 to 16,090.00 region
Resistance should appear near 16,550.00 then 16,720.00 and 16,890.00.
DOW JONES TRANSPORTS
Support should appear near 7255.00 to 7242.00 and 7088.00 to 7074.00
Resistance should appear near 7414.00 to 7428.00 and 7486.00 to 7513.00
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. A close under is negative and augurs for a test of 1883.50 and the 1865.00 to 1858.00 region.
NASDAQ COMPOSITE
Resistance should appear 4571.00 to 4582.00 and the 4639.00 to 4650.00 region.
Support should appear near 4504.00 and the 4446.00 to 4425.00 region.
MARCH E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00 and 4056.00 to 4046.00.
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 164-23
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 9779 and 9821 to 9837 Support should appear near 9737 to 9706 and 9673.
MARCH JAPANESE YEN
Resistance should appear near 9044 to 9060. Support should appear near 8871 to 8856.
MARCH EURO CURRENCY
Support should appear near 10960, a close under is negative and augurs for a test of 10820 and eventually the 10680 to 10580 region. Resistance should appear near 11082 and 11155. MARCH SWISS FRANC
Resistance should appear near 10187 and 10317
Support should appear near 10037 to 10021
MARCH BRITISH POUND
Support should appear near 13830 to 13770 and 13617. Resistance should appear near 13987 then 14067 and 14150 to 14210
MARCH CANADIAN DOLLAR
Resistance should appear near 7328 to 7342 and 7414 to 7428
Support should appear near 7255 to 7242 and 7206.
MARCH AUSSIE DOLLAR Resistance should appear near 7242 to 7255.
Support should appear near 7170 to 7143. THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support should appear near 1217.50 and 1203.0 to 1192.0.
MAY COPPER
Resistance should appear near 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.
Resistance is at 1569.0 to 1576.0
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 3194 then 3157 to 3148 and 3102 to 3092.
Resistance should appear near 3261 to 3271 and the 3319 to 3328 region.
MAY CRUDE OIL
Support should appear near 3328 to 3319 then 3270 to 3261 and 3213 to 3194.
Resistance should appear near 3425 to 3443 then 3493 to 3503 and 3553 to 3563.
MAY BRENT CRUDE OIL
Support should appear near 3443 to 3425 and 3386 to 3377
Resistance should appear near 3613 to 3623 and 3663 to 3682
APRIL HEATING OIL
Support should appear near 10360 to 10320
Resistance should appear 10960 to 11010
APRIL UNLEADED GAS
Support should appear near 12740 to 12680 and 12380 to 12320
Resistance should appear 13040 to 13100 and 13340 to 13460
APRIL NATURAL GAS
Support should appear near 1.822 to 1.808 and 1.780 to 1.774
Resistance should appear near 1.858 to 1.865 and 1.902 to 1.909
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 858 ¾ to 856
Resistance should appear near 885 ¾ to 887 ¼ MAY SOYOIL Support should appear near 3045 to 3038
Resistance should appear near 3148 to 3157
MAY SOYMEAL
Resistance should appear near 266.3 to 267.1
Support should appear near 262.0 to 261.2
MAY CORN
Support should appear near 362 ¼ to 361 ½ and 356 ¼ to 355 ¼ Resistance should appear near 366 ¼ to 368 ½ and 373 1/21 to 374 ½
MAY WHEAT Support should appear near 444 ¾ to 442 ½ and 438 ¼ to 437
Resistance should appear near 457 to 458 ½ and 463 ½ to 465
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13460 to 13400
Resistance should appear near 13770 to 13830
JUNE CATTLE
Support should appear 12382 to 12317
Resistance should appear near 12680 to 12740
APRIL HOGS
Resistance should appear near 7242 to 7257 and 7327 to 7342
Support should appear near 7087 to 7072 and 7007 to 6987.
JUNE HOGS
Resistance should appear near 8192 to 8222
Support should appear near 8047 to 8027
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 11920 to 12030 Support should appear near 11505 and 11360 to 11300 MAY COCOA Support should appear near 2883 to 2874 and 2829 to 2820. Resistance should appear near 2972 to 2990 and the 3036 to 3045 region. BW Traders can sell at 2971 and hold for lower prices. MAY SUGAR Resistance is near the 1415 to 1421 and 1453 to 1459 Support should appear near 1346 to 1334 and 1310 to 1304 MAY COTTON Support should appear near 5653 to 5640 Resistance should appear near 5855 to 5880 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 24, 2016 4:15 PM South Florida Beach Time
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.