Futures Trading Investment Comments
Thursday January 21st, 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 January 20th, 2016
7:30 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support should appear near 15,760.00 to 15,690.00, a close or extended trade under augurs for a test of the 15,350.00 to 15,290.00 region.
Resistance should appear near 15,925.00 and the 16,090.00 to 16,150.00 region.
DOW JONES TRANSPORTS
Support should appear near 6577.00 then 6509.00 to 6483.00 and the 6430.00 to 6417.00 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 1883.50 and the 1902.00 to 1909.00 region. Beyond that sellers should appear near 1927.00.
Support should appear near 1858.00, a close under augurs for a test of 1822.00 to 1808.00. Below that a trade towards 1780.00 to 1774.00 is likely. Stay tuned for flashes
NASDAQ COMPOSITE
Resistance should appear at 4503.00 to 4514.00 and 4571.00 to 4572.00. Beyond that sellers should appear near the 4639.00 to 4650.00 region. Support should appear near 4446.00 to 4425.00 and the 4381.00 to 4370.00 region. Below that a test of 4315.00 to 4304.00 is likely.
MARCH E-MINI NASDAQ 100
Support should appear near 4110.00 then 4056.00 to 4046.00 and the 3992.00 to 3982.00 region
Resistance is at 4163.00 to 4183.00 and 4238.00 to 4249.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1002.10 to 1003.7 and 1010.40 to 1013.70 Beyond that sellers should appear near 1032.00 to 1036.00 and cap a rally.
Support should appear near 983.70 to 982.10 and 973.70 to 970.60 region.
A close under is negative and augurs for a test of 934.70 to 931.60
MARCH 30 YR BONDS
Resistance should appear near 160-07 and 161-22
Support should appear near 158-07 and 157-21
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 9879 and the 9837 to 9821 region.
MARCH JAPANESE YEN
Resistance should appear near 8589 and the 8668 to 8683 region. Support should appear near 8499 to 8484 and the 8406.00 to 8391 region.
MARCH EURO CURRENCY
Support should appear near 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 14150 and 13990. Resistance should appear near 14210 and 14370.
MARCH CANADIAN DOLLAR
Resistance should appear near 6954 and the 6990 to 7003 region.
Support should appear near 6836 to 6809 and the 6755 to 6743 region.
MARCH AUSSIE DOLLAR Resistance should appear near the 6990 to 7003 region.
Support should appear near 6909 then 6836 to 6809 and 6755 to 6743.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1101.0 and 1115.50.
Support should appear near 1096.0 and 1082.00.
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 2829 to 2820 and 2775 to 2758
Resistance should appear near 2874 to 2883 and the 2972 to 2990 region.
APRIL CRUDE OIL
Support should appear near 2990 to 2972, a close under is negative and augurs for
a test of 2937 to 2928 and the 2883 to 2874 region
Resistance should appear near 3036 to 3045 and the 3092 to 3102 region.
Beyond that sellers should appear near 3148 to 3157.
BW Traders should go short if a close under 2967 occurs
MARCH BRENT CRUDE OIL
Support should appear near 2775 to 2758 and the 2724 to 2716 region.
Resistance should appear near 2874 to 2883 and 2928 to 2937.
FEBRUARY HEATING OIL
Support should appear near 8683 to 8668 and the 8589 to 8560 region. Below that a test of 8499 to 8484 is likely.
Resistance should appear 8856 to 8871 and the 8934 to 8964 region. Beyond that sellers should appear near 9044 to 9060.
MARCH HEATING OIL
Support should appear near 8777 to 8762 and the 8589 to 8560 region.
Resistance should appear 8934 to 8964 and 9044 to 9060.
FEBRUARY UNLEADED GAS
Support should appear near 10136 to 10104 and the 10037 to 10021 region.
Resistance should appear 10320 to 10360 and 10470.
MARCH UNLEADED GAS
Support should appear near 10360 to 10320 and the 10136 to 10104 region.
Resistance should appear 10580 to 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 2.170 to 2.185 and 2.219 to 2.226
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 868 ¼ to 866 ¾ and 858 ¾ to 856.
Resistance should appear near 885 ¾ to 887 ¼ and 893 1/2 to 896 ½. BW Traders should go short if a close under 855 ¼ occurs.
MARCH SOYOIL Support should appear near 2937 to 2928 and 2882 to 2874.
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.
BW traders should go short if a close under 266.1 occurs.
MARCH CORN
Support should appear near 366 ¼ and 362 ¼ to 361 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 12680 and 12537.
Resistance should appear near 12887 and 12962
APRIL CATTLE
Support should appear near 12740 to 12680 and 12607
Resistance should appear near 12887 and 12962
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 6742 to 6757 and the 6807 to 6837 region. Beyond that sellers should appear near 6902 to 6922.
Support should appear near 6672 to 6657 then 6592 to 6577 and 6512 to 6482.
BW Traders should go short if a close under 6657 occurs.
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 11300 to 11360 and 11525. Support should appear near 11010 to 10960.
MARCH COCOA Support should appear near 2775 to 2758 and the 2724 to 2716 region. Resistance should appear near 2829 then 2874 to 2883 and the 2928 to 2937 region.
MARCH SUGAR Resistance is near 1453 to 1459 and 1484 to 1496 region. Support should appear near 1383 to 1377 and the 1346 to 1334 region.
MARCH COTTON Support should appear near 6165 and 6113 to 6101. Resistance is at 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
Wednesday January 20, 2016 8:45 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.