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Futures Daily Comments January 5-2016

Futures Trading Investment Comments

Tuesday January 5th, 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

“Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk-” Reminiscences of a Stock Operator, 1929

 

 

Monday January 4th, 2016

5:00 PM, South Florida Beach Time

 

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE Support is at the 16,960.00 to 16,890.00 region.

Below that buyers should appear near the 16,550.00 to 16,420.00 region.

Resistance should appear near 17, 310.00 to 17,380.00 and 17,560.00.

 

DOW JONES TRANSPORTS

Support should appear near 7088.00 to 7074.00 and the 7003.00 to 6990.00 region.

Resistance is at 7414.00 to 7428.00 and 7486.00 to 7513.00
 

MARCH E-MINI SP500

Resistance should appear 2015.00 and the 2034.00 to 2042.00 region.

Support should appear near 1953.00 to 1946.00 and the 1909.00 to 1902.00 region Stay tuned for flashes

 

NASDAQ COMPOSITE

Resistance should appear at 4915.00 to 4926.00 and 4973.00 to 4995.00.

Support should appear near 4856.00 to 4845.00 and the 4785.00 to 4775.00 region.

MARCH E-MINI NASDAQ 100

Support should appear near 4446.00 to 4425.00 and the 4381.00 to 4370.00 region.

Resistance is at 4514.00 and the 4571.00 to 4583.00 region.

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1115.50 and the 1130.00 to 1136.00 region.

Support should appear near 1082.00 and the 1068.00 to 1058.00 region.

 

MARCH 30 YR BONDS

Resistance should appear near 155-07. Beyond that sellers should appear near 156-12.

Support should appear near 153-21 and 153-07.

MARCH 10 YR NOTES

Resistance should appear near 126-22 and 127-07.

Support should appear near 125-21 and 125-07.                                            

 

                                                 THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near the 9921 to 9937 region. A close over is friendly and 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 8406 and 8484 to 8499.

Support should appear near 8314 to 8300 and 8223 to 8194 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 10890 and 10960 to 11010.

BW Traders should go short if a close under 10817 occurs.
MARCH SWISS FRANC

Resistance should appear near 10021 to 10037 and 10069

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

 

MARCH BRITISH POUND

Support should appear near 14590 to 14530 and the 14210 to 14150 region

Resistance should appear near 14777 and 14840 to 14960.

 

MARCH CANADIAN DOLLAR

Resistance should appear near 7207 and 7242 to 7255

Support should appear near 7143 and the 7088 to 7074 region.

 

MARCH AUSSIE DOLLAR R

esistance should appear near 7170 then 7206 and the 7242 to 7255 region.

Support should appear near 7088 to 7074.        

                                            THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1082.00 and the 1096.0 to 1101.0 region.

Support should appear near 1068.0 to 1058.0.

MARCH COPPER

Resistance should appear near 20890 and 21065. Beyond that sellers should appear near 21260 to 21340.

Support should appear near the 20420 to 20430 region.

 

MARCH SILVER

Support should appear near the 1346.0 to 1334.0 region.

Resistance is at 1415.0 to 1421.0

 

                                                     THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 3623 to 3613 region and 3563 to 3553.

Resistance should appear near 3734 to 3743 and the 3795 to 3806 region. Beyond that sellers should appear near the 3858 to 3867 region. BW Traders can sell at 3851 and hold for lower prices. Stay tuned for day trade and updates.

 

MARCH CRUDE OIL

Support should appear near 3795 and the 3682 to 3663 region.

Resistance should appear near 3858 to 3867 and 3909 to 3929.

BW Traders should go short if a close under 3731 occurs.

 

MARCH BRENT CRUDE OIL

Support should appear near 3743 to 3734 and the 3623 to 3613 region.

Resistance should appear near 3895 to 3806 and 3858 to 3867.

 

FEBRUARY HEATING OIL

Support should appear near the 11010 to 10920 region. Below that a test of 10680 to 10580 is likely.

Resistance should appear 11520 and the 11690 to 11640 region.

 

FEBRUARY UNLEADED GAS

Support should appear near 12380 to 12320 and the 12030 to 11920 region.

Resistance should appear 13040 to 13100 and the 13340 to 13460 region.

MARCH NATURAL GAS

Support should appear near 2.275 to 2.267 and 2.226 to 2.219.

Resistance should appear near 2354 to 2370 and 2.411 to 2.419.                                                                                                                                      

 

 

                                                   THE GRANDE’ GRAINS

 

 

MARCH SOYBEANS

Support should appear near 849 ¾ to 848 ½ and the 831 ½ to 830 region.

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

BW Traders should go short if a close under 855 ¾ occurs.

MARCH SOYOIL

Support should appear near 2937 to 2928

Resistance should appear near 3036 to 3045

MARCH SOYMEAL

Resistance should appear near 266.3 to 267.2 and the 271.6 to 272.4 region.

Support should appear near 262.0 to 261.2. A close under is negative and augurs for a test of 251.9 to 251.1.

BW traders should go short if a close under 264.1 occurs.
 

 

 

MARCH CORN

Support should appear near 344 ¼ to 342 ¼ and the 338 ¾ to 337 ½ region.

 

Resistance should appear near 355 ¼ to 356 ¼ and 361 ¼ to 362 ¼.

 

MARCH WHEAT Support should appear near 451 ¼ to 450 ¼ and the 444 ¾ to 442 ½ region.

Resistance should appear near 463 ½ to 465 and 469 ½ to 471 ¾.

                              

                                                   THE LIVELY LIVESTOCK  

FEBRUARY CATTLE

Support should appear near 13617 and 13460 to 13340.

Resistance should appear near 13770 to 13830.

APRIL CATTLE

Support should appear near 13680 and the 13460 to 13340 region.

Resistance should appear near 13770 and 13987.

FEBRUARY HOGS

Support should appear near 5882 to 5857 the 5732 to 5717.

Resistance should appear near 6022 to 6037 and 6102 to 6112.

BW Traders can sell at 6102 and risk a close over 6192 for three days in a row.
APRIL HOGS

Resistance should appear near 6577 to 6592 and 6657 to 6672.

Support should appear near 6512 to 6482 and 6432 to 6417.

BW Traders should go short if a close under 6537 occurs.

 

Stay tuned for Livestock flashes and updates.

 

                                           THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 12530 and the 12680 to 12740 region.

Support should appear near 12320. A close under is negative and augurs for a test of 12030 to 11920.

MARCH COCOA

Support should appear near 3102 to 3092. Below that buyers should appear near 3045 to 3036.

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

MARCH SUGAR Resistance is near the 1529 to 1535 region.

Support should appear near the 1459 to 1453 region.

MARCH COTTON

Support should appear near 6190 to 6165 and 6113 to 6101

Resistance is at 6337 to 6350 and the 6417 to 6430 region.
               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

Monday January 4, 2016 6:35 PM South Florida Beach Time

 

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