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Futures Daily Comments January 20-2016

Futures Trading Investment Comments

Wednesday January 20th, 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 January 19th, 2016

4:00 PM, South Florida Beach Time

 

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE Nearby support remains near 15,935.00 and the 15,760.00 to 15,690 region.

Resistance should appear near 16,090.00 to 16,150.00 and 16,285.00.

 

DOW JONES TRANSPORTS

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

Resistance should appear near 6743.00 to 6755.00 and the 6809.00 to 6836.00 region.

MARCH E-MINI SP500

Resistance should appear 1982.00 and the 1902.00 to 1909.00 region. Beyond that sellers should appear near 1927.00.

Support should appear near 1865.00 to 1858.00, a close under augurs for a test of 1822.00 to 1808.00. Stay tuned for flashes

NASDAQ COMPOSITE

Resistance should appear at 4503.00 to 4514.00 and the 4571.00 to 4572.00 region. Support should appear near 4446.00 to 4425.00 and the 4381.00 to 4370.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 4110.00 to 4120.00 and the 4056.00 to 4046.00 region.

Resistance is at 4163.00 to 4183.00 and 4238.00 to 4249.00 region. Beyond that sellers should appear near 4304.00 to 4314.00.

 

MARCH E-MINI RUSSELL 2000

Resistance should appear near 992.10 to 993.70 and the 1002.10 to 1003.7 region. Beyond that sellers should appear near 1010.40 to 1013.60.

Support should appear near 983.709 to 982.10 and the 973.70 to 970.60 region.

 

MARCH 30 YR BONDS

Resistance should appear near 159-07 and 159-21. Beyond that sellers should appear near 160-07.

Support should appear near 158-07 then 157-21 and 156-07.

 

MARCH 10 YR NOTES

Resistance should appear near 129-07. Beyond that sellers should appear near 129-21 and 130-07.

Support should appear near 127-21 and 126-22. Below that 126-07 should hold.                                                                

 

 

                                                 THE FRENZIED FOREX FRONT

 

MARCH DOLLAR INDEX

Resistance should appear near 9921 to 9937 region. A close over augurs for a test of 10021 to 10037. Support should appear near 9870 and the 9837 to 9821 region.

 

MARCH JAPANESE YEN

Resistance should appear near 8560 to 8589 and the 8668 to 8683 region. Support should appear near 8484 and the 8406.00 to 8391 region.

 

MARCH EURO CURRENCY

Support should appear near 10890 and 10820. A close under is negative and augurs for a test of 10680 to 10580. Resistance should appear near 10960 to 11010 and 11155.

MARCH SWISS FRANC

Resistance should appear near 10021 to 10037 and 10104 to 10136.

Support should appear near 9937 to 9921 and the 9837 to 9821 region.

 

MARCH BRITISH POUND

Support should appear near 13990 and the 13830 to 13770 region. Resistance should appear near 14210 and 14370.

MARCH CANADIAN DOLLAR

Resistance should appear near 6906 to 6919 and the 6990 to 7003 region.

Support should appear near the 6836 to 6809 and the 6755 to 6743 region.

 

MARCH AUSSIE DOLLAR Resistance should appear near 6906 to 6919 and the 6990 to 7003 region.

Support should appear near 6836 to 6809 and 6755 to 6743.       

 

 

 

 

 

                                            THE PRECIOUS METALS

APRIL GOLD

Resistance should appear near the 1096.0 to 1101.0 region.

Support should appear near 1082.00 and the 1068.00 to 1058.0 region.

MARCH COPPER

Resistance should appear near 19820 to 19960 and the 20340 to 20420 region.

Support should appear near 19530 to 19460 and 19090 to 19020.

 

MARCH SILVER

Support should appear near 1383.0 to 1377.0 and the 1346.0 to 1334.0 region.

Resistance is at 1415.0 to 1421.0 and the 1453.0 to 1459.0 region.

 

                                                     THE EXCITING ENERGIES

MARCH CRUDE OIL

Support should appear near 2883 to 2874 and 2829 to 2820.

Resistance should appear near 2972 to 2990 and the 3036 to 3045 region. Beyond that sellers should appear near 3092 to 3102.

APRIL CRUDE OIL

Support should appear near 3045 to 3036 and 2990 to 2972.

Resistance should appear near 32092 to 3102 and 3148 to 3157.
MARCH BRENT CRUDE OIL

Support should appear near 2829 to 2820 and the 2724 to 2716 region.

Resistance should appear near 2874 to 2883 and 2928 to 2937.

 

 

FEBRUARY HEATING OIL

Support should appear near the 9060 to 9044 region. Below that a test of 8964 to 8934 is likely.

Resistance should appear 9140 to 9156 and the 9316 to 9347 region.

 

MARCH HEATING OIL

Support should appear near 9156 to 9140 and 9060 to 9044.

Resistance should appear 9316 to 9347 and 9429 to 9445.

 

FEBRUARY UNLEADED GAS

Support should appear near 10136 to 10104 and the 10037 to 10021 region.

Resistance should appear 10470 and the 10580 to 10680 region.

 

MARCH UNLEADED GAS

Support should appear near 10360 to 10320 and the 10136 to 10104 region.

Resistance should appear 10680 then 10820 and the 10960 to 11010 region.

MARCH NATURAL GAS

Support should appear near 2.089 to 2.080 and the 2.042 to 2.034 region.

Resistance should appear near 2.126 to 2.134 and 2.170 to 2.185.                                                                                                                                        

 

                                                 THE GRANDE’ GRAINS

MARCH 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 1/2 to 896 ½. Beyond that sellers should appear near the 904 ½ to 906 region. BW Traders can sell at 903 ¾ and hold for lower prices.

 

MARCH SOYOIL

Support should appear near 2990 to 2972 and 2937 to 2928.

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

 

MARCH SOYMEAL

Resistance should appear near 271.6 to 272.4 and the 275.8 to 277.4 region.

Support should appear near 267.2 to 266.3 and 262.0 to 261.2.

Aggressive BW traders should go short if a close under 266.1 occurs.
MARCH CORN

Support should appear near 362 ¼ to 361 ¼ and 356 ¼ to 355 ¼.         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 ½ to 478 ½ and the 485 ½ to 484 ¾ region.                                                                                                                                                               

 

                                                   THE LIVELY LIVESTOCK  

FEBRUARY CATTLE Support should appear near 12830 to 12740.

Resistance should appear near the 13040 to 13100 region.

APRIL CATTLE

Support should appear near 12890 and 12740 to 12680.

Resistance should appear near the 13040 to 13100 and 13217.

FEBRUARY HOGS Support should appear near 6270 to 6257 and 6192 to 6162.

Resistance should appear near 6337 to 6352 and 6417 to 6432
APRIL HOGS

Resistance should appear near the 6807 to 6837 region. Beyond that sellers should appear near

6902 to 6922.

Support should appear near 6742 and 6672 to 6657.

     

                                           THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 11640 to 11690 and the 11920 to 12030 region. Support should appear near 11360 to 11300, a close under is negative and augurs for a test of 11010 to 10960.

MARCH 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.

MARCH SUGAR Resistance is near 1484 to 1496 and the 1529 to 1535 region.   Support should appear near 1459 to 1453 and 1421 to 1415.

MARCH COTTON Support should appear near 6190 to 6165 and 6113 to 6101.    Resistance is at 6337 to 6350 and 6417 to 6430
               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 January 19, 2016 5:15 PM South Florida Beach Time

 

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