Futures Trading Investment Comments
Tuesday March 01, 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.
Monday February 29th 2016
5:00 PM, South Florida Beach Time
Stay tuned for Flashes and Updates in all Markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 16,420.00 then 16,285.00 and 16,150.00 to 16,090.00
Resistance should appear near 16,550.00 then 16,72.00 and the 16,890.00 to 16,960.00 region.
DOW JONES TRANSPORTS
Support should appear near 7328.00 then 7255.00 to 7242.00 and the 7170.00 to 7143.00 region.
Resistance should appear near 7414.00 to 7428.00 and 7486.00 to 7513.00.
MARCH E-MINI SP500
Resistance should appear 1946.00 to 1953.00 and 1967.50.
Support should appear near the 1909.00 to 1902.00 region and 1883.50.
NASDAQ COMPOSITE
Resistance should appear 4571.00 to 4582.00 and 4639.00 to 4650.00.
Support should appear near 4542.00 and 4514.00 to 4504.00.
MARCH E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00 and the 4120.00 to 4110.00 region.
Resistance is at 4238.00 to 4249.00 and the 4304.00 to 4315.00 region.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1047.00 and the 1058.00 to 1068.00 region.
Support should appear near 1018.50 and 1003.70 to 1002.10.
JUNE 30 YR BONDS
Resistance should appear near 165-07. Beyond that sellers should appear 165-21.
Support should appear near 163-21 and 163-07.
JUNE 10 YR NOTES
Resistance should appear near 130-21 and 131-07.
Support should appear near 129-21 and 129-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9879 and the 9921 to 9737 region. Support should appear near 9821 and 9779.
MARCH JAPANESE YEN
Resistance should appear near 8934 to 8964 and 9029 to 9044. Support should appear near 8871 to 8856 and the 8777 to 8762 region.
MARCH EURO CURRENCY
Support should appear near 10820 and the 10680 to 10580 region. Resistance should appear near 10922 and 10960 to 11010
MARCH SWISS FRANC
Resistance should appear near 10037 and 10104 to 10136.
Support should appear near 9937 to 9921
MARCH BRITISH POUND
Support should appear near 13830 to 13770 Resistance should appear near 13990 and the 14150 to 14210 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 7414 to 7428. Beyond that sellers should appear near 7486 to 7513.
Support should appear near 7342 to 7328 and the 7255 to 7242 region.
MARCH AUSSIE DOLLAR Resistance should appear near the 7143 to 7170 region. Beyond that sellers should appear near
7206 and 7242 to 7255.
Support should appear near 7088 to 7074 and the 7003 to 6990 region. BW Traders can sell June at 7137 and hold for lower prices.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1253.0. A close over is friendly and augurs for a test of 1268.0 to 1274.0
Support should appear near 1238.0 to 1232.0 and 1217.5.
MAY COPPER
Resistance should appear 21340 and the 21700 to 21850 region.
Support should appear near 20890 to 20800 and 20420 to 20340
MAY SILVER
Support should appear near 1459.0 to 1453.0 and 1421.0 to 1415.0.
Resistance is at 1529.0 to 1535.0 and 1569.0 to 1576.0
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 3328 to 3319 and 3270 to 3261.
Resistance should appear near 3425 to 3443 and 3493 to 3503
BW Traders should go short if a close under 3257 occurs.
MAY CRUDE OIL
Support should appear near 3503 to 3493 and 3443 to 3425.
Resistance should appear near 3613 to 3623 and 3663 to 3682. BW Traders can sell at 3607 and risk a close over 3637 for three days in a row.
MAY BRENT CRUDE OIL
Support should appear near 3562 to 3553 and 3503 to 3493
Resistance should appear near 3734 to 3743 and the 3795 to 3806 region.
APRIL HEATING OIL
Support should appear near the 10820 and 10680 to 10580.
Resistance should appear 10960 to 11010. Beyond that sellers should appear near 11300 to 11360.
APRIL UNLEADED GAS
Support should appear near 13100 to 13040 and 12740 to 12680.
Resistance should appear 13340 to 13460 and 13770 to 13830.
APRIL NATURAL GAS
Support should appear near 1.696 to 1.689 and 1.655 to 1.642
Resistance should appear near 1.731 to 1.738 and 1.774 to 1.780
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 858 ¾ to 856 and the 849 ¾ to 848 ½ region.
Resistance should appear near 866 ¾ to 868 ¼ and the 876 ¼ to 877 ¾ region.
MAY SOYOIL Support should appear near 3045 to 3036 and 2990 to 2972.
Resistance should appear near 3092 to 3102 and 3148 to 3157.
MAY SOYMEAL
Resistance should appear near 266.3 to 267.2 and 271.6 to 272.4
Support should appear near 251.9 to 251.1 and 246.9 to 246.1
MAY CORN
Support should appear near 350 ¼ to 349 ¼ and 344 ¼ to 342 ½ Resistance should appear near 361 ¼ to 362 ¼ and 366 ¼ to 368 ¼.
MAY WHEAT Support should appear near 438 ¼ to 437 ¼ and 424 ¾ to 423 ¾
Resistance should appear near 457 ¼ to 458 ¼ and 463 ¾ to 465
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13617 then 13537 and 13460 to 13340
Resistance should appear near 13770 to 13830.
JUNE CATTLE
Support should appear 12532 and the 12382 to 12317 region.
Resistance should appear near 12680 to 12740
APRIL HOGS
Resistance should appear near 7072 to 7087 and 7142 to 7170
Support should appear near 6922 to 6907 and the 6837 to 6807 region.
JUNE HOGS
Resistance should appear near 8117 to 8137 and the 8192 to 8222 region
Support should appear near 8042 and 7957 to 7937.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 11640 to 11690 and the 11920 to 12030 region. BW Traders can sell at 11910 and hold for lower prices. Support should appear near the 11360 to 11300 region
MAY COCOA Support should appear near 2883 to 2874 and 2829 to 2820. Resistance should appear near 2972 to 2990 and 3036 to 3045. MAY SUGAR Resistance is near 1453 to 1459 and 1484 to 1496. Support should appear near 1421 to 1415 and 1383 to 1377 MAY COTTON Support should appear near 5577 to 5553 and 5504 to 5492. Resistance should appear near 5716 to 5729 and 5792 to 5805 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 February 29, 2016 7:00 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.
Sorry, the comment form is closed at this time.