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Futures Daily Comments January 7-2016

Futures Trading Investment Comments

Thursday January 7th, 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 6th, 2016

2:00 PM, South Florida Beach Time

 

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE Support is at 16,720.00 and the 16,550.00 to 16,420.00 region.

Resistance should appear near 16,960.00 and 17,156.00.

 

DOW JONES TRANSPORTS

Support should appear near 7170.00 to 7143.00 and the 7088.00 to 7074.00 region.

Resistance is at 7242.00 to 7255.00 and 7328.00 to 7342.00.

MARCH E-MINI SP500

Resistance should appear near 1996.00 and 2015.00.

Support should appear near 1953.00 to 1946.00. Below that a test of 1909.00 to 1902.00 is likely.

BW Traders can buy at 1909.75 for a bounce and risk a close under 1901.00 for three days in a row.
NASDAQ COMPOSITE

Resistance should appear at 4845.00 to 4856.00 and the 4915.00 to 4926.00 region.

Support should appear near 4785.00 to 4775.00 and 4717.00 to 4695.00

MARCH E-MINI NASDAQ 100

Support should appear near 4381.00 to 4370.00, below that a test of 4315.00 to 4304.00 is likely.

Resistance is at 4445.00 and 4503.00 to 4514.00.

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1096.00 to 1101.00 and 1115.50.

Support should appear near the 1068.00 to 1058.00 region.

 

MARCH 30 YR BONDS

Resistance should appear near 156-21 and 157-07

Support should appear near 155-07 and 154-21

MARCH 10 YR NOTES

Resistance should appear near 127-07 and 127-22

Support should appear near 126-07 and 125-21.            

 

 

                                                 THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 9979 and the 10021 to 10037 region.

Support should appear near 9921 then 9879 and 9837 to 9821

MARCH JAPANESE YEN

Resistance should appear near 8484 to 8499. Support should appear near 8406 to 8391.   

MARCH EURO CURRENCY

Support should appear near 10680 to 10580. Resistance should appear near 10820 and 10890
MARCH SWISS FRANC

Resistance should appear near 10021 to 10037

Support should appear near 9837 to 9821.

 

MARCH BRITISH POUND

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

Resistance should appear near 14657 then 14717 and 14837

 

MARCH CANADIAN DOLLAR

Resistance should appear near 7113 and 7143 to 7170

Support should appear near 7088 to 7074 and the 7003 to 6990 region.

 

MARCH AUSSIE DOLLAR Resistance should appear near 7074 to 7088 and 7143 to 7170

Support should appear near 7003 to 6990 and the 6919 to 6906 region        

 

 

 

 

                                            THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near the 1096.0 to 1101.0 region.

Support should appear near 1082 and 1068.0 to 1058.0.

MARCH COPPER

Resistance should appear near 20890 and 21065.

Support should appear near the 20420 to 20430 region.

 

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 1453.0 to 1459.0

                                                     THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 3213 to 3194 and the 3157 to 3148 region

Resistance should appear near 3425 to 3443 and the 3493 to 3503 region.

MARCH CRUDE OIL

Support should appear near 3503 to 3493 and the 3443 to 3425 region.

Resistance should appear near 3553 to 3563 and 3613 to 3623.
MARCH BRENT CRUDE OIL

Support should appear near 3443 to 3425 and the 3386 to 3377 region.

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

FEBRUARY HEATING OIL

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

Resistance should appear 11300 to 11360.

 

FEBRUARY UNLEADED GAS

Support should appear near 11360 to 11300 and 11010 to 10960

Resistance should appear 11690 then 11805 and 11920 to 12030.

MARCH NATURAL GAS

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

Resistance should appear near 2.315 to 2.322 and 2.354 to 2370.                                                                                                                                      

 

                                                   THE GRANDE’ GRAINS

 

MARCH SOYBEANS

Support should appear near 858 ¾ to 856 and 849 ¾ to 848 ½.

Resistance should appear near 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 2883 to 2874

Resistance should appear near 2990 and 3036 to 3045

MARCH SOYMEAL

Resistance should appear near the 271.6 to 272.4 region.

Support should appear near the 262.0 to 261.2 region. 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.

Resistance should appear near 469 ½ to 471 ¾.

                              

 

 

 

 

                                                   THE LIVELY LIVESTOCK  

FEBRUARY CATTLE Support should appear near 13617 and 13460 to 13340.

Resistance should appear near 13767 to 13832.

APRIL CATTLE

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

Resistance should appear near 13772 and 13987.

FEBRUARY HOGS Support should appear near 6037 to 6022 and 5957 to 5942.

Resistance should appear near 6102 to 6117 and 6162 to 6187

APRIL HOGS

Resistance should appear near 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 12030 and 12175. Support should appear near 11920 and 11690 to 11640

MARCH COCOA Support should appear near 2937 to 2928 and 2883 to 2874.

Resistance should appear 2990 and 3036 to 3045.

MARCH SUGAR Resistance is near 1459 to 1453.    Support should appear near 1383 to 1377

MARCH COTTON

Support should appear near 6113 to 6101 and 6035 to 6023

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 6, 2016 4:00 PM South Florida Beach Time

 

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