Futures Trading Investment Comments
Tuesday July 19, 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-
Monday July 18, 2016
2:00 PM, South Florida Beach Time
Stay tuned for flashes, updates and additional recommendations.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 18,400.00 and 18,220.00 to 18,080.00.
Resistance is at 18,580.00 to 18,650.00.
DOW JONES TRANSPORTS
Support should appear near 7864.00 to 7836.00 and 7777.00 to 7763.00. Resistance should appear near 8029.00 to 8044.00 and the 8119.00 to 8134.00 region.
SEPT E-MINI SP500
Resistance should appear near 2170 to 2185.00.
Support should appear near 2134.00 to 2126.00 .
NASDAQ COMPOSITE
Resistance should appear 5127.00 to 5139.00
Support should appear near 4995.00 to 4973.00.
SEPT E-MINI NASDAQ 100
Support should appear near 4582.00 to 4571.00 and 4514.00 to 4503.00.
Resistance is at 4639.00 to 4650.00. Beyond that sellers should appear near 4695.00 to 4717.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00.
Support should appear near the 1203.00 to 1192.00.
SEPT 30 YR BONDS
Resistance should appear near 172-07 and 172-21.
Support should appear near 170-21 and 169-21.
SEPT 10 YR NOTES
Resistance should appear near 132-21 and 133-07.
Support should appear near 131-21. Below that buyers should appear near 130-12.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9706 to 9737. Support should appear near 9641 to 9625 and 9583.
JAPANESE YEN
Resistance should appear 9526 to 9542. Support should appear near 9347 to 9316.
SEPT EURO CURRENCY
Support should appear near 11010 to 10960. Resistance should appear near 11155 and 11227.
SEPT SWISS FRANC
Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104.
SEPT BRITISH POUND
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460 and the 13770 to 13830 region.
BW Traders can sell at 13332 and hold for lower prices.
SEPT CANADIAN DOLLAR
Resistance should appear near 7763 to 7777.
Support should appear near 7689 to 7675.
SEPT AUSSIE DOLLAR Resistance should appear near 7587 to 7601 and the 7675 to 7689 region.
Support should appear near 7513 to 7486 and the 7428 to 7414 region.
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1346.0 and the 1377 to 1383 region.
Support should appear near 1322.0 and the 1310 to 1304 region.
SEPT COPPER
Resistance should appear 22670 to 22750 and 23150 to 23220. Support should appear near 22260 to 22190 and 21850 to 21700.
SEPT SILVER
Resistance should appear near 2034 to 2042 and 2061.0
Support is at 1989.0 and 1953.0 to 1946.0
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 4514 to 4503 and 4446 to 4425.
Resistance should appear near 4571 to 4582 and 4639 to 4650.
SEPTEMBER CRUDE OIL
Support should appear near 4582 to 4571 and 4514 to 4503.
Resistance should appear near 4639 to 4650 and 4695 to 4717.
SEPTEMBER BRENT CRUDE OIL
Support should appear near 4650 to 4639 and the 4582 to 4571 region.
Resistance should appear near 4775 to 4785 and the 4845 to 4956 region.
AUGUST HEATING OIL
Support should appear near 13770 and the 13460 to 13340 region.
Resistance should appear 13830 then 13990 and the 14150 to 14220 region.
AUGUST UNLEADED GAS
Support should appear near 13830 to 13770 and 13460 to 13340.
Resistance is at 13990 and 14150 to 14210
SEPT NATURAL GAS
Support should appear near 2672 to 2663 and 2620 to 2612 Resistance should appear near 2716 to 2724 and 2758 to 2775
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1068 to 1058 and the 1036 to 1032 region.
Resistance should appear near 1096 to 1101 and the 1130 to 1136 region.
NOVEMBER SOYBEANS
Support should appear near 1058 and 1047
Resistance should appear near 1082 and 1096 to 1101
SEPTEMBER SOYOIL Support should appear near 3102 to 3092 and 3045 to 3036.
Resistance should appear near 3148 to 3157 and 3194 to 3213. BW Traders can sell at 3143 and hold for lower prices.
OCTOBER SOYMEAL
Resistance should appear near 373.4 to 374.3 and the 385.8 to 386.7 region.
Support should appear near 368.2 to 366.3 and 362.3 to 361.3.
SEPTEMBER CORN
Support should appear near 356 ¼ to 355 ¼ and 350 ¼ to 349 ¼.
Resistance should appear near 361 ¼ to 362 ¼ and the 366 ¼ to 368 ¼ region.
SEPTEMBER WHEAT Support should appear near 418 ¼ to 416 ¼ and 405 ¾ to 404 ¾.
Resistance should appear near 430 ¼ to 431 ½ and the 437 to 438 ¼ region.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11157 and 11010 to 10960. Resistance should appear near 11300 to 11360 and 11427.
OCTOBER CATTLE
Support should appear near 11010 to 10960.
Resistance should appear near 11157 and the 11300 to 11360 region. BW Traders should sell at 10957 stop.
AUGUST HOGS
Resistance should appear near 7837 to 7867 and 7937 to 7957
Support should appear near 7777 to 7762 and the 7692 to 7672 region.
OCTOBER HOGS
Resistance should appear near 6577 to 6592 and 6657 to 6672.
Support should appear near 6512 to 6482 and the 6432 to 6417 region.
Stay tuned for livestock flashes
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near the 15290 to 15350 region. Support should appear near 14590 to 14530. SEPTEMBER COCOA Support should appear near 2990 to 2972 and the 2937 to 2928 region. Resistance should appear near 3092 to 3102 and the 3148 to 3157 region. BW Traders should go short if a close under 2971 occurs.
OCTOBER SUGAR Resistance is near 1982 to 1996 and the 2034 to 2042 region. Support should appear near 1909 to 1902 and the1822 to 1808 region. DECEMBER COTTON Support should appear near 7342 to 7328 and 7255 to 7242. Resistance should appear near 7486 to 7512 and 7587 to 7601.
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 July 18, 2016 3:00 PM South Florida Beach Time
FuturesCom Investment Publications © 1996 – 2016 All Rights Reserved
https://futurescom.com/futurescom-policies-and-terms-of-usage-and-agreement
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
Sorry, the comment form is closed at this time.