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Futures Daily Comments February 8-2016

Futures Trading Investment Comments

Monday February 8, 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.

Saturday February 6th, 2016

7:15 PM, South Florida Beach Time

Traders should stay tuned for flashes and updates during extreme market volatility.

 

                                    THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support is at the 16,150.00 to 16,090.00 and 15,920.00.

Resistance should appear near 16,420.00 to 16,550.00 and 16,720.00

 

DOW JONES TRANSPORTS

Support should appear near 6919.00 to 6906.00 and 6836.00 to 6809.00

Resistance should appear near 6990.00 to 7003.00 and 7074.00 to 7088.00

 

MARCH E-MINI SP500

Resistance should appear 1983.50 and 1902.00 to 1909.00 and 1927.50

Support should appear near 1865.00 to 1858.00 then 1840.00 and 1822.00 to 1808.00
 

NASDAQ COMPOSITE

Resistance should appear at 4370.00 to 4381.00 and 4425.00 to 4446.00.

Support should appear near 4315.00 to 4304.00 and 4249.00 to 4238.00

 

MARCH E-MINI NASDAQ 100

Support should appear near 3992.00 to 3982.00 and 3929.00 to 3909.00

Resistance is at 4046.00 to 4056.00 and 4110.00 to 4120.00

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 992.10 to 993.70 and 1002.1 to 1003.70.

Support should appear near 983.70 to 982.10 then 973.70 to 970.60

 

MARCH 30 YR BONDS

Resistance should appear near 164-21 and 165-07

Support should appear near 162-21 and 161-22

 

MARCH 10 YR NOTES

Resistance should appear near 130-21 and 131-07

Support should appear near 129-12 and 129-07                                                                

 

                                                 THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 9706 to 9721 and 9779.

Support should appear near 9641 to 9625 and 9542 to 9526.

 

MARCH JAPANESE YEN

Resistance should appear near 8668 to 8683 and 8762 to 8677.

Support should appear near 8499 to 8484 and 8406 to 8391
MARCH EURO CURRENCY

Support should appear near 11010 to 10960.

Resistance should appear near 11155 and 11300 to 11360
MARCH SWISS FRANC

Resistance should appear near 10320 to 10360

Support should appear near 10037 to 10021

 

MARCH BRITISH POUND

Support should appear near 14370 and 14210 to 14150.

Resistance should appear near 14530 to 14590 and 14712.

MARCH CANADIAN DOLLAR

Resistance should appear near 7206 and 7242 to 7255.

Support should appear near 7170 to 7143 and 7107.

MARCH AUSSIE DOLLAR

Resistance should appear near 7074 to 7088 and 7117.

Support should appear near 7003 to 6990.       

 

                                          THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near 1192.0 to 1203.0.

Support should appear near 1169 to 1164 and 1150.

MARCH COPPER

Resistance should appear near 21260 to 21340.

Support should appear near 20420 to 20340.

MARCH SILVER

Support should appear near 1484 and 1459 to 1453.

Resistance is at 1529 to 1535.

                      THE EXCITING ENERGIES

MARCH CRUDE OIL

Support should appear near 3045 to 3038 and 2990 to 2972.

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

APRIL CRUDE OIL

Support should appear near 3261 and 3213 to 3194.

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

APRIL BRENT CRUDE OIL

Support should appear near 3386 to 3377 then 3328 to 3319 and 3270 to 3261.

Resistance should appear near 3443 then 3493 to 3503 and 3553 to 3563.

MARCH HEATING OIL

Support should appear near 10470 and 10360 to 10320.

Resistance should appear 10680 and 10960 to 11010.

 

MARCH UNLEADED GAS

Support should appear near 9737 to 9706 and 9542 to 9526.

Resistance should appear 9937 and 10021 to 10037 and 10101 to 10136.            

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 2.180 2.219 to 2.226.

                                                THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 868 ¼ to 866 ¾ and 858 ¾ to 856.

Resistance should appear near 876 ¼ to 877 ¾ 885 ¾ to 887 ¼.

MAY SOYOIL

Support should appear near 3102 to 3092.

Resistance should appear near 3194 to 3213
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 368 ¼ to 366 ¼ and the 362 ¼ to 361 ¼ region.

Resistance should appear near 373 ¼ to 374 ¼ and 379 ½ to 380 ¾.

 

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

Resistance should appear near 477 ½ to 478 ½ and 484 1/2  to 486

 

                                                   THE LIVELY LIVESTOCK  

 

APRIL CATTLE

Support should appear near 13340 and 13227.

Resistance should appear near 13460 then 13537 and 13612.

JUNE CATTLE

Support should appear near 12380 to 12320 and 12177.

Resistance should appear near the 12452 then 12527 and 12677.

BW Traders can sell at 12672 and hold for lower prices.
APRIL HOGS

Resistance should appear near 7072 to 7087 and 7137 to 7172

Support should appear near 7002 to 6992 and 6922 to 6907.

       

                                           THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 12320 to 12380 and 12530.

Support should appear near 12175 and 12030 to 11920.

MAY COCOA

Support should appear near 2775 to 2758 and 2724 to 2716.

Resistance should appear near 2820 to 2829 and 2874 to 2882.

MAY SUGAR
Resistance is near 1334 to 1346 and 1361.

Support should appear near 1304 and 1274 to 1268
MAY COTTON

Support should appear near 6035 to 6023 and 5855 to 5850.

Resistance is 6101 to 6113 and 6165 to 6190.
               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

Saturday February 6, 2016 9:00 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.

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