Futures Trading Investment Comments
Friday March 18, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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“Our greatest weakness lies in giving up. The most certain way to succeed is always to try
just one more time.” –Thomas A. Edison—
Thursday March 17th 2016
9:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET DOW JONES INDUSTRIAL AVERAGE Support is at 17,360.00 to 17,310.00.
Resistance should appear near 17,740.00 to 17,800.00
DOW JONES TRANSPORTS
Support should appear near 7864.00 to 7834.00
Resistance should appear near 8119.00 to 8134.00
JUNE E-MINI SP500
Resistance should appear 2034.00 to 2042.00
Support should appear near 2015.00 and 1996.00.
NASDAQ COMPOSITE
Resistance should appear 4845.00 to 4856.00
Support should appear near 4717.00 to 4695.00
JUNE E-MINI NASDAQ 100
Support should appear near 4381.00 to 4370.00
Resistance is at 4425.00 to 4446.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1096.00 to 1101.00
Support should appear near 1068.00 to 1058.00
JUNE 30 YR BONDS
Resistance should appear near 164-07 and 164-21
Support should appear near 162-21 and 162-07
JUNE 10 YR NOTES
Resistance should appear near 129-21 and 130-7
Support should appear near 128-21 and 128-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9526 to 9542 Support should appear near 9347 to 9316
JUNE JAPANESE YEN
Resistance should appear near 9150 to 9156 Support should appear near 8964 to 8934
JUNE EURO CURRENCY
Support should appear near 11300 and 11232 Resistance should appear near 11470 and 11500 JUNE SWISS FRANC
Resistance should appear near 10470 and 10577
Support should appear near 10360 to 10320
JUNE BRITISH POUND
Support should appear near 14390 and 14210 to 14150 Resistance should appear near 14530 to 14590
JUNE CANADIAN DOLLAR
Resistance should appear near 7763 to 7777
Support should appear near 7689 to 7675
JUNE AUSSIE DOLLAR Resistance should appear near 7675 to 7689
Support should appear near 7601 to 7587
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1268.0 to 1274.0 and 1289.0
Support should appear near 1253.0 and 1238.0 to 1232.0
MAY COPPER
Resistance should appear 23540 to 23700
Support should appear near 22750 to 22670
MAY SILVER
Support should appear near1609.0 and 1576.0 to 1569.0
Resistance is at 1642.0 to 1655.0
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 3992 to 3982 and 3867 to 3858
Resistance should appear near 4056 and 4110 to 4120
MAY CRUDE OIL
Support should appear near 3992 to 3982
Resistance should appear near 4304 to 4315
MAY BRENT CRUDE OIL
Support should appear near 3992 to 3982 and 3929 to 3909
Resistance should appear near 4238 to 4249
MAY HEATING OIL
Support should appear near 12030 to 11920
Resistance should appear 13040 to 13100
MAY UNLEADED GAS
Support should appear near 13830 to 13770
Resistance should appear 1.569 to 1.576
MAY NATURAL GAS
Support should appear near 1.953 to 1.946
Resistance should appear near 2.080 to 2.089
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 887 ¼ to 885 ¾
Resistance should appear near 914 to 915 ¾
MAY SOYOIL Support should appear near 3270 to 3261
Resistance should appear near 3425 to 3443
MAY SOYMEAL
Resistance should appear near 271.6 to 272.4
Support should appear near 266.3 and 262.0 to 261.2
MAY CORN
Support should appear near 362 ¼ to 361 1/4 Resistance should appear near 373 ½ to 374 ¾
MAY WHEAT Support should appear near 446 ¾ to 442 ½
Resistance should appear near 469 ½ to 471 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 14047 and 13990
Resistance should appear near 14150 to 14210 and 14390
JUNE CATTLE
Support should appear 12962 and 12892
Resistance should appear near 13100 and 13217
APRIL HOGS
Resistance should appear near 7327 to 7342 Support should appear near 7007 to 6992
JUNE HOGS
Resistance should appear near 8482 to 8502
Support should appear near 8222 to 8192.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 13770 to 13830 Support should appear near 13100 to 13040
MAY COCOA Support should appear near 3045 to 3036 Resistance should appear near 3148 to 3157 MAY SUGAR Resistance is near 1642 to 1655 Support should appear near 1576 to 1569
MAY COTTON Support should appear near 5729 to 5716 Resistance should appear near 5945 to 5957
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
Thursday March 17th, 2016 10:15 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