Futures Trading Newsletter , Bi-Weekly Investment Outlook #486.

FuturesCom Futures Trading Newsletter Sunday November 01, 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

 

” The first rule is not to lose. The second rule is not to forget the first rule.” – Warren Buffet-

 

Sunday November 1st, 2015

4:00 AM, South Florida Beach Time

Global geo-political concerns remain elevated. Those of you who need analysis for global equity, foreign exchange markets not covered in the Bi-Weekly please contact my office. Traders should continue to expect wide movements in all markets. The interest rate environment in the U.S. is still zero. Monetary policy and government support for global economies is still extreme. U.S. stock market are mixed on the year. Long-term support for U.S. stock markets remains well below current levels.

Stay tuned for flashes, updates and additional comments and recommendations.

                                                     

                                  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 should appear near the 17,740.00 to 17,780.00. Beyond that a test of 18,080.00 to 18,220.00.

 

DOW JONES TRANSPORTS

Support should appear near 8044.00 to 8029.00. Below that buyers should appear near 7777.00 to 7763.00 and should contain a decline.

Resistance is at the 8300.00 to 8314.00 region, where sellers should appear and cap a rally.   Beyond that a test of 8391.00 to 8406.00 is likely
 

DECEMBER E-MINI SP500

Resistance should appear near 2080.00 to 2089.00 and the 2126.00 to 2134.00 region.

Support should appear near 2042.00 to 2034.00 and the 1996.00 to 1982.00 region. Traders can buy at 2042.75 for a bounce and risk 10.00 points.

 

NASDAQ COMPOSITE

Resistance should appear at the 5127.00 to 5139.00 and the 5259.00 tom 5282.00 region. Beyond that, sellers should appear near the 5344 to 5356.00 region. Support should appear near 4926.00 to 4915.00 and the 4856.00 to 4845.00 region.

DECEMBER E-MINI NASDAQ 100

Support should appear near 4582.00 to 4571.00 and 4514.00 to 4503.00 region. Below that buyers should appear near 4446.00 to 4425.00. Resistance is at 4775.00 to 4785.00 and the 4915.00 to 4926.00 region. Beyond that a trade towards 4973.00 to 4995 is likely.

 

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near the 1164.00 to 1169.00 region. Beyond that sellers should appear near 1180.50 and the 1192.00 to 1203.00 region. Support should appear near 1136.00 to 1130.00 and the 1101.00 1096.00 region. Below that a test of 1068.00 to 1058.00 is likely.

DEC 30 YR BONDS

Resistance should appear near 157-21 and 158-07. Beyond that sellers should appear near 159-21.

Support should appear near 155-07 and 154-07. Below that buyers should appear near 153-22.

DEC 10 YR NOTE

Resistance should appear near 128-21 and 129-07. Beyond that sellers should appear near 130-07.

Support should appear near 127-07. Below that buyers should appear near 126-08 and 124-21

                                                               

 

                                                   THE FRENZIED FOREX FRONT

 

DECEMBER DOLLAR INDEX

Resistance should appear near the 9706 to 9737 region. An extended trade over is friendly and augurs for a test of 9821 to 9837 and eventually 10021 to 10037 Support should appear near the 9641 to 9625 and the 9541 to 9526 region. Below that buyer should appear near 9445 to 9429 and contain a decline. DECEMBER JAPANESE YEN

Resistance should appear near 8300 to 8314 and 8391 to 8406. Beyond that a test of 8484 to 8499 is likely. Traders can sell at 8483 and hold for lower prices. Support should appear near 8223 to 8194, below that a test of the 8044.00 to 8029 region is likely

 

DECEMBER EURO CURRENCY

Support should appear 10960. A close under is negative and augurs for a test of the10680 to 10580 region. Resistance should appear near 11010 and 11155. Beyond that sellers should appear near 11300 to 11360n. Traders should go short if a close under 10957 occurs.
DECEMBER SWISS FRANC

Resistance should appear near 10187 and the 10320 to 10360 region.

Support should appear near 10037 to 10021 and the 9937 to 9921 region./

DECEMBER BRITISH POUND

Support should appear near 15350 to 15290, a close under augurs for a test of 14960 to 14840. Resistance should appear near the 15690 to 15760 region, where sellers should appear and cap a rally.
DECEMBER CANADIAN DOLLAR

Resistance should appear near 7675 to 7689 then 7763 to 7777 and the 7834 to 7864 region. Traders can sell at 7674 and risk a close over 7732 for three days in a row. Support should appear near 7601 to 7587 , below that a test of 7513 to 7486 is likely

 

DECEMBER AUSSIE DOLLAR Resistance should appear near 7142 to 7170 and 7242 to 7255 region.

Support should appear near 7088 to 7074, a close under is negative and augurs for a test of the 7003 to 6990 region. Traders should go short is close under 7073 occurs. Trade accordingly

                                                  THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1164.0 to 1169.0 and the 1192.0 to 1203.0 region.

Support should appear near the 1136.0 to 1130.0 region. A close under is negative and augurs for a test of 1101.0 to 1096.00. Trade accordingly.

 

DECEMBER COPPER Resistance should appear near 23540 to 23700 and the 24110 to 24190 region. Beyond that sellers should appear near the 24610 to 24690 region and cap a rally.

Support should appear near 22750 to 22670, below that a test of 21850 to 21700 and the 20890 to 20880 region is likely to occur.

 

DECEMBER SILVER

Support should appear near 1535.0 to 1529.0. Below that buyers should appear near 1496.0 to 1489.0 and the 1421.0 to 1415.0 region.

Resistance is at 1569.0 to 1576.0 and the 1609.0 to 1615.0 region. Beyond that sellers should appear near 1642.0 to 1655.0.              

                                                     THE EXCITING ENERGIES

DECEMBER CRUDE OIL

Support should appear near 4582 to 4571 and the 4446 to 4425 region. Below that a test of 4183 to 4163 is likely.

Resistance should appear near 4775 to 4785 and the 4856 to 4856 region. Beyond that sellers should appear near 4915 to 4926. Stay tuned for flashes.

 

 

 

JANUARY CRUDE OIL

Support should appear near 4650 to 4639, a close under is negative and augurs for a test of 4446 to 4425.

Resistance should appear near 4845 to 4856 and 44915 to 4926. Beyond that sellers should appear near the 5056 to 5067 region.

 

DECEMBER BRENT CRUDE OIL

Support should appear near 4856 to 4845 and 4785 to 4775. A close under is negative and augurs for a test of 4650 to 4639.

Resistance should appear near 5056 to 5067 and 5127 to 5139. Beyond that 5200 to 5211 should cap a rally.

 

DECEMBER HEATING OIL

Support should appear near 14960 to 14840 and the 14590 to 14530 region. Below that buyers should appear near the 14210 to 14150 region.   Resistance should appear 15290 to 15350 and the 15690 to 15760 region. Beyond that sellers should appear near the 16090 to 16150 region. Traders can sell at 16085 and hold for lower prices.

 

DECEMBER UNLEADED GAS

Support should appear near 13100 to 13040 and the 12740 to 12680 region. Below that a test of 12380 to 13210 is likely.

Resistance should appear 13770 to 13830 and the 14150 to 14210 region, where sellers should appear and cap a rally.

 

DECEMBER NATURAL GAS

Support should appear near 2.275 to 2.267 and the 2.089 to 2.080 region. Below that a test of 1.953 to 1.946 is likely Resistance should appear near 2411 to 2419 and the 2.511 to 2.519 region Beyond that sellers should appear near 2.663 to 2.672 and cap a rally.        

                                                                                                                                   

                                              

 

                                                   THE GRANDE’ GRAINS

 

JANUARY SOYBEANS

Support should appear near 877 ¾ to 876 ¼ region. Failure to hold is negative and augurs for a test of 868 ¼ to 866 ¼ . Below that a trade towards 840 ¾ to 839 ½ is likely

Resistance should appear near 904 ½ to 906 and the 914 to 915 ¾ region. Beyond that sellers should appear near 931 ¾ to 934 ¾.

Traders should go short if a close under 876 occurs.

 

DECEMBER SOYOIL Support should appear near 2724 to 2716 and the 2629 to 2620 region. Below that a test of 2568 to 2552 is likely and should contain a decline.

Resistance should appear near 2874 to 2883 and 2928 to 2937. Beyond that sellers should appear near the 2972 to 2990 region and cap a rally.

 

DECEMBER SOYMEAL Resistance should appear near 309.2 to 310.2 and the 314.8 to 315.7 region.

Support should appear near the 299.0 to 297.2 region. Below that a test of 288.3 to 287.4 is likely.

 

DECEMBER CORN

Support should appear near the 374 ¼ to 373 ½ and the 362 ¼ to 361 ¼ region. Below that a test of 350 ¼ to 349 ¼ is likely.         Resistance should appear near the 385 ¾ to 386 ¾ region and 390 ¾ to 392 ¾ .

 

DECEMBER WHEAT Support should appear near 521 to 520 ¼ and the 513 ¾ to 512 ¾ region. A close under is negative and augurs for a test of 499 ½ to 497 ¼.

Resistance should appear near 534 ½ to 535 ¾ and the 541 ¾ to 543 region where sellers should appear and cap a rally.

 

                                    

 

                                              THE LIVELY LIVESTOCK  

 

 

DECEMBER CATTLE Support should appear near 13830 to 13770 and the 13460 to 13340 region.

Resistance should appear near the 14530 to 14590 region. Beyond that 14840 to 149650 should cap a rally.

FEBRUARY CATTLE

Support should appear near 14210 to 14150 and the 13830 to 13770 region. Below that buyers should appear near 13460 to 13340 and contain a decline.

Resistance should appear near 14530 to 14590 and the 14840 to 14960 region.
DECEMBER HOGS Support should appear near 5880 to 5855 and 5807 to 5792 . Below that an eventual test of 5577 to 5552 is likely.

Resistance should appear near 6022 to 6037 and the 6102 to 6117 region. Beyond that sellers should appear near 6337 to 6350
FEBRUARY HOGS

Support should appear near 6190 to 6162 and 6037 to 6022. Below that an eventual test of 5880 to 5855 is likely

Resistance should appear near 6337 to 6352 and 6417 to 6432. Beyond that sellers should appear near 6657 to 6672 . Stay tuned for Livestock flashes and updates.

 

 

 

 

 

 

 

 

                                        THE SATISFYING SOFTS

DECEMBER COFFEE

Resistance should appear near 12680 to 12740 and the 13040 to 13100 region, where sellers should appear and cap a rally. Support should appear near 12030 to 11920, a close under is negative and augurs for a test of 11690 to 11640 and eventually the 11360 to 11300 region.   DECEMBER COCOA Support should appear near 3102 to 3092 and the 3045 to 3036 region. Below that a test of 2990 to 2972 is likely. Resistance should appear near 3319 to 3328. Beyond that sellers should appear near the 3425 to 3443 region and cap a rally. MARCH SUGAR Resistance is near 1453 to 1459 and the 1484 to 1496 region. Traders can sell at 1483 and risk close over 1499 for three days in a row. Support should appear near 1421 to 1415 and the 1383 to 1377 region. A close under is negative and augurs for a test of the 1346 to 1334 region.

DECEMBER COTTON

Support should appear near 6190 to 6165 and the 6035 to 6023 region. Below that a test of 5880 to 5855 is likely.

Resistance is at 6483 to 6509. Beyond that sellers should appear near 6659 to 6773 and cap a rally.

               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 November 1st, 2015 10:00 AM South Florida Beach Time

 

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