Futures Trading Investment Comments
Monday July 11, 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.
Welcome to the ‘Dog Days of Summer’ The period from about the first to second week of July to the second or third week of August has been known as ‘Dog Days of summer’; of course the period varies according to region……In the ancient Mediterranean it coincided with hot days that were plagued with disease and discomfort…
Saturday July 9, 2016
7:00 PM, South Florida Beach Time
Stay tuned for Flashes and Updates in all Markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 18,080.00 and 17,940.00.
Resistance is at 18,220.00. Beyond that sellers should appear near 18,400.00 and 18,579.00
DOW JONES TRANSPORTS
Support should appear near 7601.00 to 7587.00. Resistance should appear near 7763.00 to 7777.00.
SEPT E-MINI SP500
Resistance should appear at the 2126.00 to 2134.00 region. Beyond that a test of 2151.00 and the 2170.00 to 2185.00 is likely.
Support should appear near 2107.00 and 2089.00 to 2080.00
NASDAQ COMPOSITE
Resistance should appear 4973.00 to 4995.00 and 5056.00 to 5067.00
Support should appear near 4926.00 to 4915.00 and 4856.00 to 4845.00.
SEPT E-MINI NASDAQ 100
Support should appear near 4514.00 to 4503.00 and 4446.00 to 4425.00.
Resistance is at 4571.00 to 4582.00 and the 4639.00 to 4650.00 region.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1192.00 to 1203.00
Support should appear near 1169.00 to 1164.00 and 1150.00.
SEPT 30 YR BONDS
Resistance should appear near 177-21 and 178-07.
Support should appear near 176-21 and 176-07.
SEPT 10 YR NOTES
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-21 and 133-07
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9673 and 9706 to 9737 Support should appear near 9625 then 9583 and 9542 to 9526.
JAPANESE YEN
Resistance should appear 10021 to 10037 and 10104 to 10136 Support should appear near 9937 to 9921 and 9837 to 9821.
SEPT EURO CURRENCY
Support should appear near 11010 to 10960. Resistance should appear near 11087 and 11155
SEPT SWISS FRANC
Resistance should appear near 10320 to 10360.
Support should appear near 10136 to 10104.
SEPT BRITISH POUND
Support should appear near 12740 to 12680
Resistance should appear near 13040 to 13100
SEPT CANADIAN DOLLAR
Resistance should appear near 7675 to 7689 and 7727.
Support should appear near 7639 and 7601 to 7587
SEPT AUSSIE DOLLAR Resistance should appear near 7587 to 7601 and 7675 to 7689
Support should appear near 7513 to 7486 and 7456
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1377 to 1383 and the 1415 to 1421 region.
Support should appear near 1346 to 1334 and 1310 to 1304.
SEPT COPPER
Resistance should appear 21340 and 21700 to 21850
Support should appear near 20890 to 20800 and 20420 to 20340
SEPT SILVER
Resistance should appear near 2080.00 to 2089
Support is at 1996 to 1982.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 4446 to 4425 and the 4315 to 4304 region.
Resistance should appear near 4571 to 4582 and 4639 to 4650
SEPTEMBER CRUDE OIL
Support should appear near 4582 to 4571 then 4514 to 4503 and the 4446 to 4425 region.
Resistance should appear near 4639 to 4650 and the 4695 to 4717 region.
BW traders should go short if a close under 4567 occurs.
SEPTEMBER BRENT CRUDE OIL
Support should appear near 4582 to 4571 and 4514 to 4503.
Resistance should appear near 4695 to 4717 and 4775 to 4785
AUGUST HEATING OIL
Support should appear near 13990 and the 13830 to 13770 region.
Resistance should appear 14150 to 14210 and 14530 to 14590
AUGUST UNLEADED GAS
Support should appear near 13615 then 13460 to 13340 and the 13100 to 13040 region.
Resistance should appear near 13990 and 14150 to 14210
SEPT NATURAL GAS
Support should appear near 2775 to 2758 and 2672 to 2663.
Resistance should appear near 2820 to 2829 and 2874 to 2883.
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1068 to 1058 and 1047
Resistance should appear near 1096 to 1101 and 1115 ½
NOVEMBER SOYBEANS
Support should appear near 1047 and 1036 to 1032 and 1003 ¾ to 1002 ¼.
Resistance should appear near 1058 to 1068 and 1082
AUGUST SOYOIL Support should appear near 2990 to 2972 and 2937 to 2928
Resistance should appear near 3068 and 3092 to 3102
AUGUST SOYMEAL
Resistance should appear near 379.5 to 380.6 and 385.8 to 386.7
Support should appear near 374.3 to 373.4 and the 362.3 to 361.4
SEPTEMBER CORN
Support should appear near the 350 ¼ to 349 ¼ and 344 ¼ to 342 ½
Resistance should appear near 361 ¼ to 362 ½ and 366 ¼ to 368 ¼
SEPTEMBER WHEAT Support should appear near 431 ½ to 430 ½ and 418 ¼ to 416 ¼
Resistance should appear near 437 to 438 ¼ and 442 ¼ to 444 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11010 to 10960 Resistance should appear near 11300 to 11360 BW Traders should go short if a close under 11152 occurs
OCTOBER CATTLE
Support should appear near 11157 and 11017.
Resistance should appear near 11300 to 11360 and 11427.
JULY HOGS
Resistance should appear near 8027 to 8047 and 8117 to 8137
Support should appear near 7992 then 7957 to 7932 and 7867 to 7837
AUGUST HOGS
Resistance should appear near 7937 to 7957 then 8027 to 8047 and 8117 to 8137.
BW Traders can sell at 8117 and hold for lower prices.
Support should appear near 7777 to 7762 and 7692 to 7672
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 14530 to 14590 and 14715 Support should appear near 14210 to 14150 and 13990. SEPTEMBER COCOA Support should appear near 3092 and 3045 to 3036 Resistance should appear near 3148 to 3157 and 3194 to 3213
OCTOBER SUGAR Resistance is near 1982 to 1996 and 2034 to 2042 Support should appear near 1909 to 1902 and 1865 to 1858 DECEMBER COTTON Support should appear near 6509 to 6483 and 6430 to 6417 Resistance should appear near 6577 to 6591 and the 6659 to 6673 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
Saturday July 9th 2016 8:30 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