X

Futures Daily Comments July 29-2016

Futures Trading Investment Comments

Friday July 29, 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.

Thursday July 28, 2016

12:30 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 18,560.00 to 18,650.00

 

DOW JONES TRANSPORTS

Support should appear near 7777.00 to 7763.00 and 7689.00 to 7675.00   Resistance should appear near 7939.00 to 7954.00 and 8029.00 to 8044.00.

 

SEPT E-MINI SP500

Resistance should appear near the 2170.00 to 2185.00 region.

Support should appear near 2152.00 and 2134.00 to 2126.00.

 

NASDAQ COMPOSITE

Resistance should appear 5200.00 to 5211.00

Support should appear near 5126.00 and 5067.00 to 5057.00.

 

SEPT E-MINI NASDAQ 100

Support should appear near 4650.00 to 4639.00.

Resistance is at 4775.00 to 4785.00

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 1217.50 and 1232.00 to 1238.00.

Support should appear near 1203.00 to 1192.00 and 1180.50

 

SEPT 30 YR BONDS

Resistance should appear near 174-21 and 175.07

Support should appear near 172-21 and 171-07

 

SEPT 10 YR NOTES

Resistance should appear near 133-21 and 134-07

Support should appear near 132-07 and 131-21.                                                                                                                                                                

                                           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 9706 to 9737   Support should appear near 9445 to 9429 and 9347 to 9316

 

SEPT EURO CURRENCY

Support should appear near 11010 to 10960 Resistance should appear near 11155 and 11300 to 11360
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 and 12890

Resistance should appear near 13220 and the 13340 to 13460 region.

BW traders can sell at 13332 and hold for lower prices.

 

SEPT CANADIAN DOLLAR

Resistance should appear near 7638 and 7675 to 7689

Support should appear near 7586 and 7513 to 7486.

 

SEPT AUSSIE DOLLAR Resistance should appear near 7587 to 7601

Support should appear near 7513 to 7486

                                        THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1361.5 and 1377.0 to 1383.0

Support should appear near the 1334.0 and 1322.0

SEPT COPPER

Resistance should appear 22670 to 22750. Support should appear near 21850 to 21700.

 

SEPT SILVER

Resistance should appear near 2080 to 2089

Support is at 1953.0 to 1946.0

                                       

                                                

 

 

 

                                                   THE EXCITING ENERGIES

 

SEPTEMBER CRUDE OIL

Support should appear near 3992 to 3982 and 3929 to 3909.

Resistance should appear near 4163 to 4183 and 4238 to 4249.

OCTOBER CRUDE OIL

Support should appear near 4120 to 4110 and 4056 to 4046

Resistance should appear near 4238 to 4249 and 4304 to 4315
OCTOBER BRENT CRUDE OIL

Support should appear near 4249 to 4238 and 4183 to 4163

Resistance should appear near 4370 to 4381 and 4425 to 4446.

SEPT HEATING OIL

Support should appear near 12740 to 12680

Resistance should appear near 13100 and 13340 to 13460.

 

SEPT UNLEADED GAS

Support should appear near 12740 to 12680 and 12380 to 12320

Resistance is at 10304 to 13100 and 13340 to 13460

SEPT NATURAL GAS

Support should appear near 2829 to 2820     Resistance should appear near 2972 to 2990
 

 

 

 

 

                                                        THE GRANDE’ GRAINS

SEPTEMBER SOYBEANS

Support should appear near 973 ¾ to 970 ¾ and 954 ¼ to 952 ¼

Resistance should appear near 102 ¼ to 1003 ¼ and 1010 ½ to 1013 ¾

 

NOVEMBER SOYBEANS

Support should appear near 954 ¼ to 952 ¼ and 934 ¾ to 931 ¾

Resistance should appear near 982 ¼ to 983 ¾ and 992 ¼ to 993 ¼

 

SEPTEMBER SOYOIL Support should appear near 2937 to 2926 and 2883 to 2874

Resistance should appear near 2972 to 2990 and 3038 to 3042
OCTOBER SOYMEAL

Support should appear near 332.8 to 331.9 and 321.3 to 319.4

Resistance should appear near 342.5 to 344.5 and 349.3 to 350.3

SEPTEMBER CORN

Support should appear near 327 to 326 ¼ and 315 ¾ to 314 ¾

Resistance should appear near 337 ¾ to 338 ¾ and 342 ½ to 344 ¼

 

SEPTEMBER WHEAT Support should appear near 399 ¼ to 398 ¼

Resistance should appear near 423 ¾ to 424 ¾                                                                                                                                                                                  

 

 

 

 

 

 

 

                                                THE LIVELY LIVESTOCK  

AUGUST CATTLE

Support should appear near 11300 and 11157 Resistance should appear near 11427 and 11497

OCTOBER CATTLE

Support should appear near 11010 to 10960.

Resistance should appear near 11300 to 11360

 

AUGUST HOGS

Support should appear near 6757 to 6742

Resistance should appear near 7072 to 7087

 

OCTOBER HOGS

Resistance should appear near 6022 to 6037 and 6102 to 6117

Support should appear near 5880 to 5855 and 5732 to 5717
Stay tuned for livestock flashes

 

                                        THE SATISFYING SOFTS

SEPTEMBER COFFEE

Resistance should appear near 14530 to 14590. Support should appear near 13830 to 13770   SEPTEMBER COCOA Support should appear near 2829 to 2820 and 2775 to 2758 Resistance should appear near 2874 to 2883 and 2928 to 2937. OCTOBER SUGAR Resistance is near 1946 to 1953 Support should appear near 1822 to 1880
DECEMBER COTTON Support should appear near 7170 to 7143 and 7088 to 7074         Resistance should appear near 7414 to 7428 and 7486 to 7513

           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 July 28, 2016 1:55 PM South Florida Beach Time

 

Terms of Use and Agreement  

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.

wmc: