Futures Trading Investment Comments
Thursday July 7, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Wednesday July 6, 2016
5:30 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 17,800.00 to 17,740.00 and 17,560.00
Resistance is at 17,940.00 and the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS
Support should appear near 7428.00 to 7414.00 and the 7342.00 to 7328.00 region. Resistance should appear near 7486.00 to 7513.00 and the 7587.00 to 7601 region.
SEPT E-MINI SP500
Resistance should appear at 2107.50 and 2126.00 to 2134.00
Support should appear near 2089.00 to 2080.00 and 2061.00.
NASDAQ COMPOSITE
Resistance should appear 4915.00 to 4926.00 and 4973.00 to 4995.00
Support should appear near 4856.00 to 4845.00 and 4785.00 to 4775.00.
SEPT E-MINI NASDAQ 100
Support should appear near 4381.00 to 4370.00 and 4315.00 to 4304.00.
Resistance is at 4446.00 and 4503.00 to 4514.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1150.00 and 1164.00 to 1169.00
Support should appear near 1136.00 to 1130.00 and the 1101.00 to 1096.00 region.
SEPT 30 YR BONDS
Resistance should appear near 177-21 and 178-07.
Support should appear near 175-21 and 174-21.
SEPT 10 YR NOTES
Resistance should appear near 134-07 and 134-21.
Support should appear near 133-07 and 132-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9625 to 9641 and 9673. Support should appear near 9583 and 9542 to 9526.
JAPANESE YEN
Resistance should appear 9921 to 9937 and 10021 to 10037. Support should appear near 9837 to 9821 and 9737 to 9706.
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 12892 and 12740 to 12680
Resistance should appear near 13040 to 13100 and 13217
SEPT CANADIAN DOLLAR
Resistance should appear near 7763 to 7777.
Support should appear near 7689 to 7675.
BW Traders should go short if a close under 7673 occurs
SEPT AUSSIE DOLLAR Resistance should appear near 7587 to 7601
Support should appear near 7428 to 7414.
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 21700 to 21850 and 22190 to 22260
Support should appear near 21340 to 21260 and 20890 to 20800.
SEPT SILVER
Resistance should appear near 2034 to 2042 and the 2080 to 2089 region.
Support is at 1953.0 to 1946.0 and 1909.0 to 1902.0.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 4717 to 4695 and 4650 to 4639.
Resistance should appear near 4775 to 4785 and 4845 to 4856
SEPTEMBER CRUDE OIL
Support should appear near 4785 to 4775 and 4717 to 4695.
Resistance should appear near 4845 to 4856 and 4915 to 4926
SEPTEMBER BRENT CRUDE OIL
Support should appear near 4856 to 4845 and 4785 to 4775.
Resistance should appear near 4915 to 4926 and 4973 to 4995
AUGUST HEATING OIL
Support should appear near 14590 to 14530 and 14210 to 14150.
Resistance should appear 14960 and 15290 to 15350
AUGUST UNLEADED GAS
Support should appear near 14210 to 14150
Resistance should appear near 14840 to 14960
AUGUST NATURAL GAS
Support should appear near 2672 to 2663 and 2620 to 2612.
Resistance should appear near 2820 to 2829 and 2874 to 2883.
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1082 and 1068 to 1058.
Resistance should appear near 1115.50 and 1130 to 1136
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058 and 1047
Resistance should appear near 1082 and 1096 to 1101
AUGUST SOYOIL Support should appear near 2990 to 2972
Resistance should appear near 3092 to 3102
AUGUST SOYMEAL
Resistance should appear near 385.8 to 386.7 and 390.9 to 392.9
Support should appear near 380.6 to 379.5 and 374.3 to 373.4
SEPTEMBER CORN
Support should appear near the 338 ¾ to 337 ¾ and 332 ¾ to 331 ¾.
Resistance should appear near 342 ½ to 344 ¼ and 355 ¼ to 356 ¼
SEPTEMBER WHEAT Support should appear near 418 ¼ to 416 ¼ and 405 ¾ to 404 ¾.
Resistance should appear near 430 ½ to 431 ½ and 437 to 438 ¼.
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 11300 and 11157.
Resistance should appear near 11360 and 11427.
JULY HOGS
Resistance should appear near 8192 to 8222 and 8300 to 8317
Support should appear near the 8137 to 8117 and 8047 to 8027.
AUGUST HOGS
Resistance should appear near 8117 to 8137 and 8192 to 8222
Support should appear near 7957 to 7937 and 7777 to 7762.
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 14530 to 14590 and 14840 to 14960. Support should appear near 14210 to 14150 and 13830 to 13770.
SEPTEMBER COCOA Support should appear near 3045 to 3036 and 2990 to 2972 Resistance should appear near 3092 to 3102 and 3148 to 3157
OCTOBER SUGAR Resistance is near 2080 to 2089 and 2126 to 2134. Support should appear near 2042 to 2034 and 1996 to 1982. 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
Wednesday July 6th 2016 6:30 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