Futures Trading Investment Comments
Tuesday June 21, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Monday June 20, 2016
12:30 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.
Resistance is at 17,940.00 and the 18,080.00 to 18,220.00 region.
DOW JONES TRANSPORTS
Support should appear near 7601.00 to 7587.00. Resistance should appear near 7939.00 to 7954.00.
SEPT E-MINI SP500
Resistance should appear at 2107.50 and the 2126.00 to 2134.00 region.
Support should appear near 2080.00 and 2061.50.
NASDAQ COMPOSITE
Resistance should appear 4915.00 to 4926.00 and the 5056.00 to 5067.00 region.
Support should appear near 4785.00 to 4775.00 and 4717.00 to 4695.00
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 the 1192.00 to 1203.00 region.
Support should appear near the 1136.00 to 1130.00.
SEPT 30 YR BONDS
Resistance should appear near 168-21 and 169-07.
Support should appear near 166-07 and 165-21.
SEPT 10 YR NOTES
Resistance should appear near 131-21 and 132-07.
Support should appear near 130-21 and 130-07.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9429 to 9445 and 9526 to 9542. Support should appear near 9347 to 9316 and 9156 to 9140.
SEPT JAPANESE YEN
Resistance should appear 9706 to 9737 and the 9921 to 9937 region. Support should appear near 9542 to 9526 and the 9445 to 9429 region.
SEPT EURO CURRENCY
Support should appear near 11300 and 11227. Resistance should appear near 11500 and 11640 to 11690. SEPT SWISS FRANC
Resistance should appear near 10580 to 10680.
Support should appear near 10360 to 10320.
SEPT BRITISH POUND
Support should appear near 14590 to 14530 and 14372 Resistance should appear near 14840 to 14960 and the 15290 to 15350 region.
SEPT CANADIAN DOLLAR
Resistance should appear near 7836 to 7864 and 7939 to 7954.
Support should appear near 7777 to 7763 and 7689 to 7675.
SEPT AUSSIE DOLLAR Resistance should appear near the 7587 to 7601 region.
Support should appear near 7342 to 7328
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near the 1304.0 to 1310.0 and 1334.0 to 1346.0
Support should appear near 1274.0 to 1268.0 and the 1238.0 to 1232.0 region.
SEPT COPPER
Resistance should appear 21260 to 21340 and 21700 to 21850. Support should appear near 20420 to 20340 and 19960 to 19820.
SEPT SILVER
Support should appear near 1738.0 to 1731.0 and 1696.0 to 1689.
Resistance is at 1774.0 to 1780.0 and the 1808.0 to 1822.0 region. .
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 4926 to 4915 and the 4856 to 4845 region.
Resistance should appear near 5056 to 5067 and 5127 to 5139
SEPTEMBER CRUDE OIL
Support should appear near 4995 to 4973 and 4926 to 4915 Resistance should appear near 5127 to 5139 and 5200 to 5211 AUGUST BRENT CRUDE OIL
Support should appear near 4995 to 4973 and 4856 to 4845 Resistance should appear near 5127 to 5139 and 5259 to 5282
AUGUST HEATING OIL
Support should appear near 15125 and 14960 to 14840
Resistance should appear 15690 to 15760 and 16090 to 16150
AUGUST UNLEADED GAS
Support should appear near 15760 to 15690 and 15350 to 15290
BW Traders should go short if a close under 15672 occurs.
Resistance should appear near 16090 to 16150 and 16420 to 16550
BW Traders can sell at 16090 and hold for lower prices.
AUGUST NATURAL GAS
Support should appear near 2724 to 2716 and 2620 to 2612.
Resistance should appear near 2820 to 2829 and 2874 to 2883.
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1136 to 1130 and 1101 to 1096.
Resistance should appear near 1164 to 1169 and 1192 to 1203.
NOVEMBER SOYBEANS
Support should appear near 1130 and 1101 to 1096.
Resistance should appear near 1164 to 1169.
AUGUST SOYOIL Support should appear near 3157 to 3148 and the 3045 to 3036 region.
Resistance should appear near 3261 to 3270 and 3319 to 3328. BW Traders can sell at 3317 and hold for lower prices.
AUGUST SOYMEAL
Resistance should appear near 411.0 to412.0 and 416.3 to 418.3.
Support should appear near 392.9 to 390.9 and 386.7 to 385.8.
SEPTEMBER CORN
Support should appear near 418 ¼ to 416 ¼ and 405 ¾ to 404 ¾
Resistance should appear near 437 to 438 ¼ and 442 ½ to 444 ¾
SEPTEMBER WHEAT Support should appear near 485 ¾ to 484 ½ and 471 ¾ to 469 ½
Resistance should appear near 505 ¾ to 506 ½ and the 512 ¾ to 513 ¾ region.
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 10890 and the 10680 to 10580 region. Resistance should appear near 11010 then11157 and 11300 to 11360.
OCTOBER CATTLE
Support should appear near 10960 then 10890 and the 10680 to 10580 region.
Resistance should appear near 11157 and 11300 to 11360
JULY HOGS
Resistance should appear near 8667 to 8682 and 8762 to 8777
Support should appear near 8502 to 8482 and the 8317 to 8300 region.
AUGUST HOGS
Resistance should appear near 8932 to 8967 and the 9042 to 9067 region.
Support should appear near 8777 to 8762 and the 8682 to 8667 region.
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 14530 to 14590 and 14840 to 14960. Support should appear near 13830 to 13770 and 13460 to 13340. Aggressive BW traders should go short if a close under 13765 occurs.
SEPTEMBER COCOA Support should appear near 3101 to 3092 and 3045 to 3036 Resistance should appear near 3148 to 3157. BW Traders can sell at 3147 and risk a close over 3167 for three days in a row. Beyond that sellers should appear near 3194 to 3213.
OCTOBER SUGAR Resistance is near 2034 to 2042 and 2080 to 2089 Support should appear near 1953 to 1940 and 1909 to 1902.
BW Traders can buy October at 1912 and risk 25 points. DECEMBER COTTON Support should appear near 6509 to 6483 and 6430 to 6417. Resistance should appear near 6659 to 6673 and the 6743 to 6755 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
Monday June 20, 2016 1:00 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
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