Futures Trading Newsletter , Bi-Weekly Investment Outlook #480.

FuturesCom Futures Trading Newsletter Sunday August 09, 2015.  SP500 and  Equity Indices • Bonds • Currency Trading • Forex • Precious Metals • Energy • Grains • Livestock • Coffee •  Sugar • Cocoa  • Cotton.  for a Free Two Week trial to our Futures Trading Newsletter  see https://futurescom.com/free-trial-2

“There is only one side of the market and it is not the bull side or the bear side, but the right side.” –Jesse Livermore—

Sunday August 09, 2015

3:00 AM, South Florida Beach Time

Stay tuned for flashes, updates and additional recommendations. Analysis for global equity and foreign exchange markets are available upon request. For cross-country or country-by-country analysis for trading and hedging, please call or email a request.

                                            

                                 THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE Support is at 17,310.00 is likely. Failure to hold is negative and augurs for an eventual test of 16,960.00 to 16,890.00

Resistance is at 17,560.00 to 17,774.00 to 17,800.00, beyond that sellers should appear near 17,94.00 and the 18,080.00 to 18,220.00 region.

 

DOW JONES TRANSPORTS

Support should appear near 8044.00 to 8029.00 , below that buyers should appear near and the 7777.00 to 7763.00 region. Failure to hold indicates an eventual test of 7342.00 to 7328.00

Resistance is at the 8300.0 to 8314.00 region. Beyond that sellers should appear near 8391.00 to 8406.00 and the 8484.00 to 8499 region. Above that 8560.00 to 8589.00 should cap a rally.

SEPT E-MINI SP500

Resistance should appear near 2080.00 to 2089.00 and 2107.50. Beyond that sellers should appear near the 2126.00 to 2134.0 region. Beyond that sellers should appear near 2152.00 Support should appear near 2061.50 the 2042.00 to 2034.00 region. Below that 1996.00 to 1982.00 should hold.

 

NASDAQ COMPOSITE

Resistance should appear at 5127.00 to 5139.00 and the 5259.00 to 5282.00 region. Support should appear near 4995.00 to 4973.00 and the 4926.00 to 4915.00 region.
SEPT E-MINI NASDAQ 100

Support should appear near 4514.00 to 4504.00 and the 4446.00 to 4425.00 region. Below that a test of 4381.00 to 4370.00 is likely. Resistance is at 4571.00 to 4582.00 region. Beyond that sellers should appear near 4639.00 to 4650.00 and the 4695.00 to 4717.00 region.

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near 1232.00 to 1238.00 and the 1268.00 to 1274.00 region.

Support should appear near support is near 1192.00, failure to hold is negative and augurs for a test of 1169.00 to 1164.00 Traders should go short if a close under 1191.90 occurs. SEPT 30 YR BONDS

Resistance should appear near 159-17 and 160-07.Beyond that sellers should appear near 161.21 Traders can sell at 161-21 and hold for lower prices.

Support should appear near 157-21 and 156-07. Below that 153-21 should contain a decline.

SEPT 10 YR NOTE

Resistance should appear near 128-22. Beyond that sellers should appear near 130-07 and cap a rally. Support should appear near 125-21 then 125-07 and 124-21.                                                                

 

 

                                           THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 9821 to 9837, a close over is friendly and augurs for a test of 9921 to 9937. Support should appear near 9706 and the 9641 to 9625 region. Which should contain a decline. Under that buyers should appear near 9542 to 9526. SEPT JAPANESE YEN

Resistance should appear near 8119 to 8134, a close over is friendly and augurs for a test of the 8194 to 8223 region. Support should appear near 8044 to 8029. Below that buyers should appear near 7954 to 7939.

 

SEPT EURO CURRENCY

Support should appear 10960, a close under is negative and augurs for a test of 10680 to 10580. Resistance should appear near 11010 and 11155. Beyond that sellers should appear near 11300 to 11360. Traders can sell at 11297 and risk a close over 11367 for three days in a row.

 

SEPT SWISS FRANC

Resistance should appear near 10320 to 10360 and 10470.

Support should appear near 10136 to 10104. A close under is negative and augurs for a test of 10037 to 10021

 

SEPT BRITISH POUND

Support should appear near the 15350 to 15290 region. Below that a test of 14960 to 14840 is likely. Resistance should appear near 15690 to 15760. Beyond that seller should appear near 15917 and cap a rally. Traders should go short if a close under 15287 occurs.
SEPT CANADIAN DOLLAR

Resistance should appear near 7675 to 7689 and 7763 to 7777. Traders can sell at 7672 and risk a close over 7693 for three days in a row.

Support should appear near 7601 to 7587, below that an eventual test of 7342 to 7328 is likely.

 

SEPT AUSSIE DOLLAR Resistance should appear near 7414 to 7428. Beyond that sellers should appear near 7486 to 7513 and the 7587 to 7601 region. Traders can sell at 7586 and hold for lower prices.

Support should appear near 7170 to 7143, failure there augurs for a test of 7088 to 7074. Stay tuned for Forex Flashes                                  

 

                                              THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1096 to 1101 and the 1130 to 1136 region.

Support should appear near 1069 to 1064, below that a test of 1036 to 1032 and eventually the   1005 to 1000 region..

SEPT COPPER Resistance should appear near 23540 to 23700 and the 24110 to 24190 region. Above that 24610 to 24690 should being out sellers.

Support should appear near 23700 to 23540, a close under is negative and augurs for a test of

23220 to 23150 and the 22750 to 22670 region. Below that buyers should appear near 21850 to 21700 and contain a decline.

 

SEPT SILVER

Support should appear near 1459 to 1453 and the 1421 to 1415 region. Below that a test of 1346 to 1334 should contain a decline.

Resistance is at 1484 to 1496 region. Beyond that sellers should appear near 1529 to 1535 and the 1569 to 1576 region and cap a rally. Trade accordingly              

 

 

 

 

 

 

 

                                           THE EXCITING ENERGIES

OCTOBER CRUDE OIL

Support should appear near 4315 to 4304 , below that a test of 4056 to 4046 is likely.

Resistance should appear near 4639 to 4650 and the 4845 to 4856. Beyond that sellers should appear near the 4915 to 4926 region.

 

NOVEMBER CRUDE OIL

Support should appear near 4446 to 4425 and the 4315 to 4304 region. Below that a test of 4056 to 4120 to 4110 is likely.

Resistance should appear near 4639 to 4650 and the 4845 to 4856. Beyond that sellers should appear near the 4915 to 4926 region.
OCTOBER BRENT CRUDE OIL

Support should appear near 4785 to 4775 and the 4582 to 4571 region. Below that a test of 4446 to 4425 is likely

Resistance should appear near 4973 to 4995 and the 5056 to 5067 region. Beyond that sellers should appear near 5333 to 5356

 

OCTOBER HEATING OIL

Support should appear near 15350 to 15290 and 14960 to 14840. Below that a test of 14590 to 14530 is likely and should hold for a bit.

Resistance should appear 15690 to 15760 and the 1609 to 16150 region. Above that sellers should appear near 16420 to 16550 and cap a rally.

OCTOBER UNLEADED GAS

Support should appear near 14210 to 14150 and the 13830 to 13770 region.

Resistance should appear 14650 and the 14840 to 14960 region. Beyond that sellers should appear near 15290 to 15350 and a cap a rally OCTOBER NATURAL GAS

Support should appear near 2.775 to 2.758 , below that attest of 2.672 to 2.663 is likely Resistance should appear near 2.874 to 2.883 and the 2.928 to 2.937 region.                                          

                                                  THE GRANDE’ GRAINS

NOVEMBER SOYBEANS

Support should appear near 934 ¾ to 931 ¾ and 906 to 904 ½

Resistance should appear near 970 ¾ to 973 ¾ and 982 ¼ to 9823 ½ Beyond that sellers should appear near 992 ¼ to 993 ¾ cap a rally. Traders can sell at 982 ¼ and risk a close over 1004 for three days in a row.

 

DECEMBER SOYOIL Support should appear near 2990 to 2972 and the 2883 to 2874 region.

Resistance should appear near 3148 to 3157 and the 3194 to 3213 region, where sellers should appear and cap a rally. Traders can sell at 3187 and risk a close over 3221 for three days in a row

 

DECEMBER SOYMEAL Resistance should appear near 337.7 to 338.6 and 342.5 to 344.3 . Beyond that sellers should appear near 349.3 to 350.3 and cap a rally.

Support should appear near the 327.0 to 326.1 region.  A close under is negative and augurs for a test of 315.7 to 314.8

 

DECEMBER CORN

Support should appear near the 374 ¼ to 373 ½ region. Below that a test of 338 ¼ to 366 ¼ is likely.         Resistance should appear near 390 ¾ to 392 ¾ and the 404 ¾ to 405 ¾ region.

 

DECEMBER WHEAT Support should appear near 485 ¾ to 484 ½ and 465 to 463 ¾

Resistance should appear near 525 ¾ to 528 ¼ and 534 ½ to 535 ¾ where sellers should appear and cap a rally

Stay tuned for Grain flashes and updates.

 

 

 

 

                                                 THE LIVELY LIVESTOCK  

OCTOBER CATTLE Support should appear near 1459 to 14530 and the 14212 to 14150 region.

Resistance should appear near 14960 and 15122. Beyond that sellers should appear near 15290 to 15350 and cap a rally .

 

DECEMBER CATTLE

Support should appear near 14840 and 14590 to 14530. Below that a test of 14210 to 14150 is likely.

Resistance should appear near 15122 and the 15290 to 15350 region.         Traders should go short if a close under 14837 occurs

 

OCTOBER HOGS

Support should appear near 6352 to 6327, an extended trade under or close under is negative and augurs for a test 6270 to 6257 and eventually the 6192 to 6162 and 6117 to 6102 region. Below that a test of 6037 to 6022 is likely.

Resistance should appear near 6417 to 6432. Beyond that sellers should appear near 6577 to 6592 and the 6657 to 6672 region. Traders can sell at 6577 and hold for lower prices. DECEMBER HOGS

Support should appear near 6035 to 6022 and the 5957 to 5952 region , an extended trade under or close under is negative and augurs for a test 5880 to 5855. Below that a test of 5507 to 5492 is likely.

Resistance should appear near 6102 to 6112 and the 6165 to 6190 region.
Stay tuned for Livestock flashes and updates.

 

 

 

 

 

 

 

 

 

                                        THE SATISFYING SOFTS

DECEMBER COFFEE

Resistance should appear near the 13340 to 13460 region. Beyond that sellers should appear near 13770 to 13830 and cap a rally.   Support should appear near the 12740 to 12680 and the 12380 to 12320 region.

 

DECEMBER COCOA

Support should appear near 3092, failure there is negative and augurs for a test of

3045 to 3036 and the 2990 to 2972 region.

Resistance should appear near 3194 to 3213 and the 3261 to 3270 region.

 

OCTOBER SUGAR

Resistance is near 1096 to 1101 and the 1130 to 1130 region. Beyond that sellers should appear near the 1164 to 1169 region. Support should appear near 1036 to 1032 region. Below that a test of 1005 to 1000 is likely.

 

DECEMBER COTTON

Support should appear near 6035 to 6023. Below that a test of 5880 to 5855 is likely.

Resistance is at 6337 to 6350 and 6483 to 6509. Beyond that sellers 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

Sunday August 9, 2015 07:15 AM South Florida Beach Time

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