Futures Trading Investment Comments

Wednesday February 3, 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 2nd, 2016

3:00 PM, South Florida Beach Time

                                    THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE Support is at the 16,090.00 then 15,920.00 and the 15,760.00 to 15,690.00 region.

Resistance should appear near 16,285 and the 16,420.00 to 16,550.00 region.

 DOW JONES TRANSPORTS

Support should appear near 6591.00 to 6577.00 and the 6509.00 to 6483.00 region.

Resistance should appear near 6809.00 to 6836.00 and the 6906.00 to 6919.00 region.

MARCH E-MINI SP500

Resistance should appear 1902.00 to 1909.00 and 1927.50. Support should appear near 1865.00 to 1858.00

NASDAQ COMPOSITE

Resistance should appear at 4571.00 to 4582.00 and 4639.00 to 4650.00.

Support should appear near 4446.00 to 4425.00 and 4381.00 to 4370.00

MARCH E-MINI NASDAQ 100

Support should appear near 4120.00 to 4110.00 and 4056.00 to 4046.00

Resistance is at 4238.00 to 4249.00 and 4304.00 to 4314.00.

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1010.40 to 1013.60 then 1018.50 and 1032.0 to 1036.0 Support should appear near 993.70 to 992.10 and 983.70 to 982.10

 

MARCH 30 YR BONDS

Resistance should appear near 164-21 and 165-21.

Support should appear near 163-07 then 162-21 and 161-21

MARCH 10 YR NOTES

Resistance should appear near 130-21 and 131-07

Support should appear near 129-22 and 129-12.                                                                

 

                                                 THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 9921 to 9937. Support should appear near the 9837 to 9821 region. MARCH JAPANESE YEN

Resistance should appear near 8391 to 8406. BW Traders can sell at 8351 and hold for lower prices.   Support should appear near 8314 to 8300 and 8223 to 8194.

BW Traders should go short if a close under 8191 occurs.
MARCH EURO CURRENCY

Support should appear near 10890 and 10820. Resistance should appear near the 10960 to 11010 region
 

MARCH SWISS FRANC

Resistance should appear near 9837 and the 9921 to 9937 region.

Support should appear near 9737 to 9706.

 

MARCH BRITISH POUND

Support should appear near 14370 and 14210 to 14150. Resistance should appear near the 14530 to 14590 region. BW Traders can sell at 14527 and risk a close over 14597 for three days in a row.

MARCH CANADIAN DOLLAR

Resistance should appear near 7143 to 7170 and 7242 to 7255

Support should appear near 7088 to7074.

MARCH AUSSIE DOLLAR Resistance should appear near 7074 to 7088.

Support should appear near 7003 to 6990.       

                                          THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1150.0 and 1164.0 to 1169.0

Support should appear near 1115.0 and the 1101.0 to 1096.0 region.

MARCH COPPER

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

Support should appear near 20340 and 19960 to 19820.

MARCH SILVER

Support should appear near 1421.0 to 1415.0.

Resistance is at the 1453.0 to 1459.0 region.

 

 

 

                                                     THE EXCITING ENERGIES

 

MARCH CRUDE OIL

Support should appear near 2937 to 2928 and the 2873 to 2820 region.

Resistance should appear near 3036 to 3045 then 3067 and the 3092 to 3102 region.

APRIL CRUDE OIL

Support should appear near 3102 to 3092 and the 3045 to 3036 region.

Resistance should appear near 3194 to 3213 and 3261 to 3270.

 

APRIL BRENT CRUDE OIL

Support should appear near 3213 to 3194 and 3102 to 3092.

Resistance should appear near 3270 then 3319 to 3328 and 3377 to 3386.    

MARCH HEATING OIL

Support should appear near 9937 to 9921 and 9837 to 9821

Resistance should appear 10104 to 10136 and 10320 to 10360

 

MARCH UNLEADED GAS

Support should appear near 9347 to 9316 and 9060 to 9044.

Resistance should appear 10032 to 10037 then 10104 to 10136 and 10320 to 10360            

APRIL NATURAL GAS

Support should appear near 2.089 to 2.080 and 2.042 to 2.034

Resistance should appear near 2.170 to 2.185 and 2.219 to 2.226                                                                                                                            

 

  

                                                 THE GRANDE’ GRAINS

 

MARCH SOYBEANS

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

Resistance should appear near 893 ½ to 896 ½ and the 904 ½ to 906 region.

BW Traders can sell at 903 ¾ and stay tuned for flashes.

MAY SOYOIL

Support should appear near 3045 to 3036 and 2990 to 2972. BW Traders can buy at 2997 for a bounce and hold for higher prices.

Resistance should appear near 3148 to 3157 and 3194 to 3213.
MARCH SOYMEAL

Resistance should appear near 275.8 to 277.4 and 282.0 to 282.9

Support should appear near 272.4 to 271.6 and 267.2 to 266.3. BW traders should go short if a close under 266.1 occurs.
MARCH CORN

Support should appear near 368 ¼ to 366 ¼ and the 362 ¼ to 361 ¼ region.           Resistance should appear near 373 ½ to 374 ¼ and the 379 ½ to 380 ¾ region.

 

MARCH WHEAT Support should appear near 471 ¾ to 469 ½ and the 465 to 463 ¾ region.

Resistance should appear near 477 ¾ to 478 ½ and the 485 ½ to 484 ¾ region.

  

                                                   THE LIVELY LIVESTOCK  

 

APRIL CATTLE

Support should appear near 13400 to 13340.

Resistance should appear near 13537 and 13612

BW Traders should go short if a close under 13337 occurs.

 

JUNE CATTLE

Support should appear near 12380 to 12320.

Resistance should appear near 12527 and the 12680 to 12740 region. BW Traders can sell at 12672 and hold for lower prices.
APRIL HOGS

Resistance should appear near 6957 and the 6987 to 7007 region.

Support should appear near 6837 to 6807 and 6757 to 6742 region.

       

                                           THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 12175 and 12320 to 12380 Support should appear near 11805 and 11690 to 11640

MAY COCOA

Support should appear near 2724 to 2716 and 2672 to 2663 Resistance should appear near 2820 to 2829 and 2874 to 2882.

MAY SUGAR

Resistance is near 1304 to 1310 and the 1334 to 1343 region. Support should appear near 1274 to 1268 and the 1232 to 1238 region.
 

MARCH COTTON

Support should appear near 6190 to 6165 and 6113 to 6101.    Resistance is 6257 to 6270 and 6337 to 6350
               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 2, 2016 5:00 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.