Futures Trading Investment Comments
Thursday June 9, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Wednesday June 08, 2016
4:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support should appear near 17,940.00 and 17,800.00 to 17,740.00
Resistance is at 18,080.00 to 18,220.00.
DOW JONES TRANSPORTS
Support should appear near 7864.00 to 7836.00 Resistance should appear near the 8029.00 to 8044.00
SEPT E-MINI SP500
Resistance should appear at the 2126.00 to 2134.00 region.
Support should appear near the 2089.00 to 2080.00 region.
NASDAQ COMPOSITE
Resistance should appear 5127.00 to 5139.00
Support should appear near 4926.00 to 4915.00.
SEPT E-MINI NASDAQ 100
Support should appear near 4446.00 to 4425.00.
Resistance is at 4571.00 to 4582.00.
SEPT E-MINI RUSSELL 2000
Resistance should appear near 1232.00 to 1238.00
Support should appear near the 1169.00 to 1164.00
SEPT 30 YR BONDS
Resistance should appear near 168-07 and 169-21
Support should appear near 166-21 and 166-07.
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 Support should appear near 9347 to 9316
SEPT JAPANESE YEN
Resistance should appear near 9429 to 9445 Support should appear near 9347 to 9316
SEPT EURO CURRENCY
Support should appear near 11360 to 11300. Resistance should appear near 11500. Beyond that sellers should appear near 11640 to 11690. SEPT SWISS FRANC
Resistance should appear near 10580 to 10680
Support should appear near 10470 and the 10360 to 10320 region.
SEPT BRITISH POUND
Support should appear near 14370 and 14210 to 14150 Resistance should appear near 14530 to 14590 and 14840 to 14960
SEPT CANADIAN DOLLAR
Resistance should appear near 8029 to 8044
Support should appear near 7864 to 7836
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 1304.00 to 1310
Support should appear near 1238.0 to 1232.0.
JULY COPPER
Resistance should appear 20800 to 20890 Support should appear near 19090 to 19020.
JULY SILVER
Support should appear near 1696 to 1689 and 1655 to 1642
Resistance is at 1731 to 1738 and 1808 to 1822
THE EXCITING ENERGIES
JULY CRUDE OIL
Support should appear near 5127 and 5067 to 5056
Resistance should appear near 5344 to 5356 and 5553 to 5577
AUGUST CRUDE OIL
Support should appear near 5200 and 5067 to 5056 Resistance should appear near 5259 to 5282 and 5492 to 5504 AUGUST BRENT CRUDE OIL
Support should appear near 5259 and 5211 to 5200 Resistance should appear near 5492 to 5504
JULY HEATING OIL
Support should appear near 15690 and 15350 to 15290
Resistance should appear 16420 to 16550
JULY UNLEADED GAS
Support should appear near 15760 to 15690 and 15350 to 15290.
Resistance should appear 16890 to 16960 and 17310 to 17380
AUGUST NATURAL GAS
Support should appear near 2519 to 2511 and 2469 to 2461
Resistance should appear near 2612 to 2620 and 2663 to 2672
THE GRANDE’ GRAINS
JULY SOYBEANS
Support should appear near 1169 to 1164 and 1136 to 1130
Resistance should appear near 1232 to 1238
AUGUST SOYBEANS
Support should appear near 1169 to 1164 and 1136 to 1130
Resistance should appear near 1232 to 1238
NOVEMBER SOYBEANS
Support should appear near 1136 to 1130
Resistance should appear near 1192 to 1203
JULY SOYOIL Support should appear near 3213 to 3194
Resistance should appear near 3319 to 3328.
JULY SOYMEAL
Resistance should appear near 430.4 to 431.5
Support should appear near 392.9 to 390.9
JULY CORN
Support should appear near 412 to 411
Resistance should appear near 450 ¼ to 451 ½
JULY WHEAT Support should appear near 492 ¾ to 491 ½
Resistance should appear near 525 ¾ to 528 ½
THE LIVELY LIVESTOCK
AUGUST CATTLE
Support should appear near 11807 and 11690 to 11640 Resistance should appear near 11920 to 12030 and 12167
OCTOBER CATTLE
Support should appear 11690 to 11640
Resistance should appear near 11920 to 12030
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 8857 to 8872 and 8932 to 8967
Support should appear near 8587 to 8562 and 8502 to 8482
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 14840 to 14960 Support should appear near 13830 to 13770 and 13460 to 13340
JULY COCOA Support should appear near 3045 to 3036. Resistance should appear near 3194 to 3213 JULY SUGAR Resistance is near 2034 to 2042 and 2080 to 2089 Support should appear near 1953 to 1946 and 1909 to 1902 JULY COTTON Support should appear near 6350 to 6337. Resistance should appear near 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
Wednesday June 08, 2016 5:15 PM South Florida Beach Time
FuturesCom Investment Publications © 1996 – 2016 All Rights Reserved
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