Futures Trading Investment Comments
Monday June 27, 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.
Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable- ranks high. There are certain chances that the most prudent man is justified in taking – chances that he must take if he wishes to be more than a mercantile mollusk–” – Reminiscences of a Stock operator-
Saturday June 25, 2016
7:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 17,380.00 to 17,310.00 and the 16,960.00 to 16,890.00 region.
Resistance is at 17,560.00 and 17,740.00 to 17,800.00.
DOW JONES TRANSPORTS
Support should appear near 7342.0 and 7486.00 to 7513.00 Resistance should appear near 7170 to 7143 and the 7088.00 to 7064.00 region.
SEPT E-MINI SP500
Resistance should appear at 2034.00 to 2042.00 and 2061.00
Support should appear near 1996.00 to 1982.00, a close or extended trade under under augurs for a test of the 1953.00 to 1946.00 region.
NASDAQ COMPOSITE
Resistance should appear 4775.00 to 4785.00 and 4845.00 to 4856.00
Support should appear near 4695.00 and the 4582.00 to 4571.00 region
SEPT E-MINI NASDAQ 100
Support should appear near the 4183.00 to 4163.00 region.
Resistance is at 4304.00 to 4315.00 and 4342.50
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1130.00 to 1136.00 and 1150.00
Support should appear near 1101.00 to 1096.00 and 1068.00 to 1058.00
SEPT 30 YR BONDS
Resistance should appear near 171-07 then 173-07 and 173-21. Which should cap a rally.
Support should appear near 168-21 and 168-07. Below that 167-21 should hold.
SEPT 10 YR NOTES
Resistance should appear near 133-07. Beyond that sellers should appear near 133-21 and 134-07.
Support should appear near 131-21 and 130-07. Below that buyers should appear near 129-07.
THE FRENZIED FOREX FRONT
SEPT DOLLAR INDEX
Resistance should appear near 9625 to 9641 and 9706 to 9737 Support should appear near 9542 to 9525 and 9487
SEPT JAPANESE YEN
Resistance should appear 9921 to 9937 and 10021 to 10037 Support should appear near 9737 to 9706 and 9641 to 9625
SEPT EURO CURRENCY
Support should appear near 11010 to 10960 and 10580 to 10680 Resistance should appear near 11155 and 11300 to 11360 SEPT SWISS FRANC
Resistance should appear near 10360 and 10470.
Support should appear near 10320 then 10185 and 10136 to 10104
SEPT BRITISH POUND
Support should appear near 13100 to 13040 and 12740 to 12680 Resistance should appear near the 13770 to 13830 then 13990 and 14150 to 14210
SEPT CANADIAN DOLLAR
Resistance should appear near 7763 to 7777 and 7806
Support should appear near 7689 to 7675 and 7601 to 7587
SEPT AUSSIE DOLLAR Resistance should appear near 7486 to 7513 and 7587 to 7601
Support should appear near 7428 to 7414 and 7342 to 7328
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1334.0 to 1346.0 and 1377.0 to 1383.0
Support should appear near the 1310.0 to 1304.0 and 1289.0
SEPT COPPER
Resistance should appear 21260 to 21340 and 21700 to 21850 Support should appear near 20890 to 20800 and 20420 to 20340
SEPT SILVER
Support should appear near 1738.0 to 1731.0 and 1696.0 to 1689.0
Resistance is at 1808.0 to 1822.0 and the 1858.0 to 1865.0 region.
THE EXCITING ENERGIES
AUGUST CRUDE OIL
Support should appear near 4650 to 4639 and the 4582 to 4571 region.
Resistance should appear near 4775 to 4785 and the 4845 to 4856 region. BW traders can sell at 4635 stop.
SEPTEMBER CRUDE OIL
Support should appear near 4785 to 4775 and 4650 to 4639.
Resistance should appear near 4845 to 4856 and 4915 to 4926. AUGUST BRENT CRUDE OIL
Support should appear near 4785 to 4775 and 4650 to 4639.
Resistance should appear near 4845 to 4856 and 4915 to 4926.
AUGUST HEATING OIL
Support should appear near 14590 to 14530, below that a test of 13830 to 13770 is likely.
Resistance should appear 14840 to 14960 and15290 to 15350
AUGUST UNLEADED GAS
Support should appear near 14960 to 14840. A close under augurs for a test of 14590 to 14530 and the 14210 and the 14150 region.
Resistance should appear near 15350 then 15690 to 15760 and 16090 to 16150
AUGUST NATURAL GAS
Support should appear near 2620 to 2612.
Resistance should appear near 2716 to 2724
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1101 to 1096 then 1082 and 1068 to 1058
Resistance should appear near 1115 ½ then 1130 to 1136 and 1150
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058 and 1036 to 1032
Resistance should appear near 1096 to 1101 and 1115 ½.
AUGUST SOYOIL Support should appear near 3102 to 3092 and the 3045 to 3036 region.
Resistance should appear near 3148 to 3157 and 3194 to 3213. AUGUST SOYMEAL
Resistance should appear near 379.5 to 380.6 and 385.8 to 386.7
Support should appear near 374.3 to 373.4 and 362.3 to 361.3
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 463 ¾ then 458 ¼ to 457 and 451 ½ to 450 ¼
Resistance should appear near 469 ½ to 471 ¾ and 477 ¾ to 478 ½
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11010 to 10960 and 10897
Resistance should appear near 11152 and 11300 to 11360
OCTOBER CATTLE
Support should appear near 11010 to 10960 and 10897
Resistance should appear near 11152 and 11300 to 11360
JULY HOGS
Resistance should appear near 8407 and 8482 to 8502
Support should appear near 8317 to 8300 and 8222 to 8197
AUGUST HOGS
Resistance should appear near 8562 to 8587 and 8662 to 8687
Support should appear near 8482 then 8407 to 8382 and 8317 to 8302
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 13770 to 13830 and 14150 to 14210. Support should appear near 13460 to 13340 and 13100 to 13040
SEPTEMBER COCOA Support should appear near 2990 to 2972 and 2937 to 2928 Resistance should appear near 3036 to 3045 and 3092 to 3101.
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 6430 to 6417 and 6350 to 6337 Resistance should appear near 6577 to 6591 and 6659 to 6673
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
Saturday June 25, 2016 9:30 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