Futures Trading Investment Comments
Friday June 17, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Thursday June 16, 2016
7:30 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support should appear near the 17,380.00 to 17,310.00 region.
Resistance is at 17,800.00 and 17,940.00
DOW JONES TRANSPORTS
Support should appear near 7513.00 to 7486.00 and 7428.00 to 7414.00 Resistance should appear near 7587.00 to 7601.00 and 7675.00 to 7689.00
SEPT E-MINI SP500
Resistance should appear near 2080.00 to 2089.00.
Support should appear near 2042.00 to 2034.00
NASDAQ COMPOSITE
Resistance should appear near 4875.50 and 4915.00 to 4926.00
Support should appear near 4650.00 to 4639.00 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 4474.50 and 4503.00 to 4514.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00
Support should appear near 1130.00 and 1115.00
SEPT 30 YR BONDS
Resistance should appear near 170-07 and 171-21
Support should appear near 168-21 and 168-07
SEPT 10 YR NOTES
Resistance should appear near 132-21 and 133-07.
Support should appear near 131-07 and 130-21
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9529 to 9545 and 9583 Support should appear near 9445 to 9429 and 9388
SEPT JAPANESE YEN
Resistance should appear near 9707 to 9737 and 9821 to 9837 Support should appear near 9549 to 9529 and 9445 to 9429
SEPT EURO CURRENCY
Support should appear near 11155 and 11010 to 10960 Resistance should appear near 11330 to 11360 and 11427 SEPT SWISS FRANC
Resistance should appear near 10470 and 10580 to 10680
Support should appear near the 10360 to 10320 region.
SEPT BRITISH POUND
Support should appear near 14210 to 14150 and 13830 to 13770 Resistance should appear near 14370 and 14530 to 14590
SEPT CANADIAN DOLLAR
Resistance should appear near 7763 to 7777 and 7836 to 7864
Support should appear near 7689 to 7675 and 7601 to 7587
SEPT AUSSIE DOLLAR Resistance should appear near 7414 to 7428
Support should appear near 7255 to 7242
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1304.0 to 1310.0
Support should appear near 1274.0 to 1268.0.
JULY COPPER
Resistance should appear 20800 to 20890 and 21260 to 21340 Support should appear near 19530 to 19460 and 19090 to 19020
JULY SILVER
Support should appear near 1696 to 1689 and 1655 to 1642
Resistance is at 1774 to 1780 and 1808 to 1822
THE EXCITING ENERGIES
JULY CRUDE OIL
Support should appear near 4582 to 4571 and 4446 to 4425
Resistance should appear near 4685 to 4717 and 4775 to 4785
AUGUST CRUDE OIL
Support should appear near 4650 to 4639 then 4582 to 4571 and 4446 to 4425
Resistance should appear near 4775 to 4785 and 4845 to 4856
AUGUST BRENT CRUDE OIL
Resistance should appear near 4775 to 4785 and 4845 to 4856 Support should appear near 4650 to 4639 and 4582 to 4571
JULY HEATING OIL
Support should appear near 14210 to 14150 and 13830 to 13770
Resistance should appear 14530 to 14590 and 14840 to 14960
JULY UNLEADED GAS
Support should appear near 14590 to 14530 and 14210 to 14150
Resistance should appear 14840 to 14960 and 15290 to 15350
AUGUST NATURAL GAS
Support should appear near 2568 to 2552 and 2519 to 2511
Resistance should appear near 2663 to 2672 and 2716 to 2724
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1136 to 1130 and 1101 to 1096
Resistance should appear near 1150 to 1164 to 1169
AUGUST SOYBEANS
Support should appear near 1136 to 1130 and 1115 ½
Resistance should appear near 1150 and 1164 to 1169
NOVEMBER SOYBEANS
Support should appear near 1115 ½ and 1101 to 1096
Resistance should appear near 1130 to 1136
AUGUST SOYOIL Support should appear near 3102 to 3092 and 3045 to 3036
Resistance should appear near 3157 and 3194 to 3213. JULY SOYMEAL
Resistance should appear near 404.6 to 405.6 and 411.0 to 412.0
Support should appear near 392.9 to 390.9 and 386.7 to 385.8
JULY CORN
Support should appear near 424 ¾ to 423 ¾ and 418 ¼ to 416 ¼.
Resistance should appear near 430 ½ to 431 ½ and 442 ½ to 444 ¾.
JULY WHEAT Support should appear near 471 ¾ to 469 ½ and 465 to 463 ½
Resistance should appear near 478 ½ and 484 ½ to 485 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11232 and 11157 Resistance should appear near 11360 and 11507
OCTOBER CATTLE
Support should appear 11300 and 11157
Resistance should appear near 11362 and 11427
JULY HOGS
Resistance should appear near 8762 to 8777 and 8857 to 8872
Support should appear near 8592 to 8562 and 8502 to 8482
AUGUST HOGS
Resistance should appear near 9042 to 9062 and 9137 to 9157
Support should appear near 8967 to 8937 and 8777 to 8762
THE SATISFYING SOFTS
SEPT COFFEE
Resistance should appear near 14150 to 14210 and 14530 to 14590 Support should appear near 13820 to 13770 and 13460 to 13340
SEPT COCOA Support should appear near 2990 to 2972 Resistance should appear near 3092 to 3102
OCTOBER SUGAR Resistance is near 2034 to 2042 Support should appear near 1953 to 1946
DECEMBER COTTON Support should appear near 6430 to 6417 and 6350 to 6337 Resistance should appear near 6577 to 6591 and 6659 to 6672
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 June 16, 2016 9:15 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