Futures Trading Investment Comments
Thursday June 23, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Wednesday June 22, 2016
6:30 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 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 7513.00 to 7486.00 and 7428.00 to 7414.00 region. Resistance should appear near 7675.00 to 7689.00 and 7763.00 to 7777.00
SEPT E-MINI SP500
Resistance should appear at 2107.50 and the 2126.00 to 2134.00 region.
Support should appear near 2061.50 and the 2042 to 2034 region. BW Traders should go short if a close under 2033.75 occurs.
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 4425.00 to 4446.00 and 4503.00 to 4514.00
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1164.00 to 1169.00
Support should appear near the 1136.00 to 1130.00
SEPT 30 YR BONDS
Resistance should appear near 167-21 and 168-07.
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 11010 to 10960 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 14210 to 14150 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 7587 to 7601
Support should appear near 7428 to 7414
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1268.0 to 1274.0 and 1289.0.
Support should appear near the 1238.0 to 1232.0 region.
SEPT COPPER
Resistance should appear 21700 to 21850 and 22190 to 22260 Support should appear near 20890 to 20800 and 20420 to 20340.
SEPT SILVER
Support should appear near 1696.0 to 1689.0 and 1655.0 to 1642.0
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 4856 to 4845 and 4785 to 4775
Resistance should appear near 4973 to 4995 then 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 5056 to 5067 and 5127 to 5139 AUGUST BRENT CRUDE OIL
Support should appear near 4995 to 4973 and 4856 to 4845 Resistance should appear near 5056 to 5067 and 5127 to 5139
AUGUST HEATING OIL
Support should appear near 14960 to 14840 and 14590 to 14530
Resistance should appear 15290 to 15350 and 15690 to 15760
AUGUST UNLEADED GAS
Support should appear near 15350 to 15290 and 14960 to 14840
BW Traders should go short if a close under 15672 occurs.
Resistance should appear near 16090 to 16150 and 16420 to 16550
AUGUST NATURAL GAS
Support should appear near 2620 to 2612.
Resistance should appear near 2820 to 2829
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1130 and 1101 to 1096.
Resistance should appear near 1150 and 1164 to 1169.
NOVEMBER SOYBEANS
Support should appear near 1101 to 1096 and 1082
Resistance should appear near 1130 to 1136.
AUGUST SOYOIL Support should appear near 3102 to 3092 and the 3045 to 3036 region.
Resistance should appear near 3194 to 3213 and 3261 to 3270. AUGUST SOYMEAL
Resistance should appear near 398.2 to 399.2 and 404.6 to 405.6
Support should appear near 390.9 and 380.6 to 379.5
SEPTEMBER CORN
Support should appear near 386 ¾ to 385 ¾ and 374 ¼ to 373 ½
Resistance should appear near 404 ¾ to 405 ¾ and 411 to 412
SEPTEMBER WHEAT Support should appear near 465 to 463 ¾ and 458 ¼ to 457
Resistance should appear near 477 ¾ to 478 ½ and 484 1/3 to 485 ¾
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11010 to 10960 and 10890. Resistance should appear near 11227 and the 11300 to 11360 region.
OCTOBER CATTLE
Support should appear near 11010 to 10960 and 10890.
Resistance should appear near 11227 and the 11300 to 11360 region.
JULY HOGS
Resistance should appear near 8482 to 8502 and 8557 to 8587
Support should appear near 8407 to 8382 and the 8317 to 8300 region.
AUGUST HOGS
Resistance should appear near 8662 to 8687 and 8762 to 8777
Support should appear near 8407 to 8382 and the 8317 to 8300 region.
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 1450 to 14210 and 14530 to 14590. 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 Resistance should appear near 3194 to 3213.
OCTOBER SUGAR Resistance is near 1946 to 1953 and 1982 to 1996 Support should appear near 1909 to 1902 and 1865 to 1828. DECEMBER COTTON Support should appear near 6350 to 6337 and 6270 to 6257 Resistance should appear near 6483 to 6509 and 6577 to 6591
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 June 22, 2016 8:10 PM South Florida Beach Time
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