Futures Trading Investment Comments

Friday January 8th, 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

 

 

Thursday January 7th, 2016

3:00 PM, South Florida Beach Time

 

                                    THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE Support is at 16,285.00 and the 16,150.00 to 16,090.00 region.

Resistance should appear near 16,720.00 and 16,840.00 to 16,960.00.

 

DOW JONES TRANSPORTS

Support should appear near 6836.00 to 6809.00 and 6673.00 to 6659.00.

Resistance is at 7074.00 to 7088.00 and 7143.00 to 7170.00
 MARCH E-MINI SP500

Resistance should appear near 1946.00 to 1953.00 then 1967.00 and 1982.00 to 1996.00

Support should appear near the 1909.00 to 1902.00. BW Traders who have ice water in their veins can buy at 1909.75 for a bounce and risk a close under 1901.00 for three days in a row. Below that support should appear near 1865.00 to 1858.00.
NASDAQ COMPOSITE

Resistance should appear at 4717.00 and the 4775.00 to 4785.00 region.

Support should appear near 4582.00 to 4571.00 and the 4514.00 to 4503.00 region

MARCH E-MINI NASDAQ 100

Support should appear near 4249.00 to 4238.00 and 4183.00 to 4163.00 region.

Resistance is at 4304.00 to 4315.00 and the 4370.00 to 4381.00 region

MARCH E-MINI RUSSELL 2000

Resistance should appear near 1068.00 and 1082.00.

Support should appear near 1036.00 to 1032.00

 

MARCH 30 YR BONDS

Resistance should appear near 157-07 and 157-21

Support should appear near 155-07 and 154-21

MARCH 10 YR NOTES

Resistance should appear near 127-22 and 128-07

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

 

 

                                                 THE FRENZIED FOREX FRONT

MARCH DOLLAR INDEX

Resistance should appear near 9921 to 9937 and the 10021 to 10037 region.

Support should appear near 9837 to 9821and 9779.

MARCH JAPANESE YEN

Resistance should appear near 8560 to 8590 and 8668 to 8683

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

 

MARCH EURO CURRENCY

Support should appear near 10890 and 10680 to 10580.

Resistance should appear near 10960 to 11010 and 11155
MARCH SWISS FRANC

Resistance should appear near 10104 to 10136

Support should appear near 9937 to 9921

 

MARCH BRITISH POUND

Support should appear near 14590 to 14530 and 14377.

Resistance should appear near 14717 and 14840 to 14900

 

MARCH CANADIAN DOLLAR

Resistance should appear near 7113 and 7143 to 7170

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

 

MARCH AUSSIE DOLLAR

Resistance should appear near 6990 to 7003 and 7037

Support should appear near the 6919 to 6906 region    

 

                                            THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1115.5 and 1130.0 to 1136.0

Support should appear near 1102 to 1096 and 1082.0

MARCH COPPER

Resistance should appear near 20340 to 20420 and 20610

Support should appear near 19960 to 19820 and the 19530 to 19460 region

 

MARCH SILVER

Support should appear near 1421.0 to 1415.0 and 1383.0 to 1377.0

Resistance is at 1453.0 to 1459.0 and 1484.0 to 1459.0.

 

                                                     THE EXCITING ENERGIES

FEBRUARY CRUDE OIL

Support should appear near 3270 to 3261 then 3213 to 3194 and the 3157 to 3148 region

Resistance should appear near 3377 to 3386 then 3425 to 3443 and the 3493 to 3503 region.

MARCH CRUDE OIL

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

Resistance should appear near 3493 to 3503 and the 3553 to 3563 region. BW traders can sell at

3551 and hold for lower prices. Beyond that sellers should appear near 3613 to 3623
MARCH BRENT CRUDE OIL

Support should appear near 3328 to 3319 and 3270 to 3261

Resistance should appear near 3425 to 3443 and 3493 to 3503

FEBRUARY HEATING OIL

Support should appear near 10360 to 10320

Resistance should appear 10680 and 10890

 

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 2.322 to 2.315

Resistance should appear near 2.461 to 2.469                                                                                                                                      

 

                                                   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 2937 to 2928 and 2883 to 2874

Resistance should appear near 2972 to 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 458 ¼ to 457 ¼ and 451 ¼ to 450 ¼.

Resistance should appear near 469 ½ to 471 ¾ and 477 ½ to 478 ½

                              

 

 

 

                                                   THE LIVELY LIVESTOCK  

FEBRUARY CATTLE Support should appear near 13222 and 13167

Resistance should appear near 13400 then 13460 and 13527

APRIL CATTLE

Support should appear near 13340 and 13227

Resistance should appear near 13527 and 13617

FEBRUARY HOGS Support should appear near 5807 to 5792 and 5732 to 5717

Resistance should appear near 5942 to 5957 and 6022 to 6037

APRIL HOGS

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

Support should appear near 6482 then 6432 to 6417 and 6352 to 6337 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 11920 to 12030 and 12175.

Support should appear near 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 1484 to 1489.

Support should appear near 1421 to 1415

MARCH COTTON

Support should appear near 6113 to 6101 and 6035 to 6023

Resistance is at 6165 to 6190 and 6257 to 6270.
               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

Thursday January 7, 2016 4:50 PM South Florida Beach Time

 

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