Day Trading and Investment Comments Thursday January 29, 2015 Equity Futures • Indices • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa. Free Two Week Trial see https://futurescom.com/free-trial
“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-
Wednesday January 28, 2015
2:00 PM South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 16,960.00 to 16,890.00
Resistance is at 17,310.00 to 17,380.00
DOW JONES TRANSPORTS
Support should appear near 8762.00 and 8683.00 to 8668.00
Resistance is at 8856.00 to 8871.00 and 8934.00 to 8964.00
MARCH E-MINI SP500
Resistance is at 2015.00 and 2034.00 to 2042.00 Support should appear near 1953.00 to 1946.00. BW Traders can buy at 1954.00 and risk 10 points.
NASDAQ COMPOSITE
Resistance should appear at 4695.00 to 4717.00 and 4775.00 to 4785.00
Support should appear near 4582.00 to 4571.00, below that a test of 4514.00 to 4503.00 is likely.
MARCH E-MINI NASDAQ 100
Support should appear near 4120.00 to 4110.00 and the 4056.00 to 4046.00 region.
Resistance is at the 4163.00 to 4183.00 and 4238.00 to 4249.00.
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1180.50 and 1192.00 to 1203.00.
Support should appear near 1169.00 to 1164.00 and 1136.00 to 1130.00
MARCH 30 YR BONDS
Resistance should appear near 152-07 then 152-21 and 153-17
Support should appear near 149-22 and 149-07.
MARCH 10 YR NOTE
Resistance should appear near 131-07 and 131-22
Support should appear near 129-22 and 129-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 9526 to 9542 and 9625 to 9641
Support should appear near 9445 to 9429 and the 9347 to 9316 region.
MARCH JAPANESE YEN
Resistance should appear near 8560 to 8589 and 8668 to 8683
Support should appear near 8499 to 8484 and 8406 to 8391.
MARCH EURO CURRENCY
Support should appear near 11155 and 11010 to 10960
Resistance should appear near 11300 to 11360 and 11430
MARCH SWISS FRANC
Resistance should appear near 11155 and 11300 to 11360
Support should appear near 11010 to 10960 and 10820
MARCH BRITISH POUND
Support should appear near the 14960 to 14840 region.
Resistance should appear near 15290 to 15350.
BW Traders should go short if a close under 14832 occurs.
MARCH CANADIAN DOLLAR
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939 and 7864 to 7836
MARCH AUSSIE DOLLAR
Support should appear near 7864 to 7836 and 7777 to 7763.
Resistance should appear near 7939 to 7954 and the 8029 to 8044 region.
BW Traders can sell at 8027 and risk a close over 8131 for three days in a row.
Stay tuned for Forex flashes and updates.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1303.0 to 1310.0.
Support should appear near 1274.0 to 1268.0.
MARCH COPPER
Resistance should appear near 24610 to 24690 and 25110 to 25190.
Support should appear near 24190 to 24110 and 23700 to 23540
MARCH SILVER
Support should appear near 1780.0 to 1774.0 and the 1738.0 to 1731.0 region.
Resistance is at 1808.0 to 1822.0 and 1858 to 1865.
THE EXCITING ENERGIES
MARCH CRUDE OIL
Support should appear near 4381 to 4370 and the 4349 to 4238 region.
Resistance should appear near 4504 to 4515 and 4571 to 4582
BW Traders should go short if a close under 4417 occurs.
APRIL CRUDE OIL
Support should appear near 4446 to 4425 and 4315 to 4304
Resistance should appear near 4571 to 4582 and 4639 to 4650.
MARCH BRENT CRUDE OIL
Support should appear near 4785 to 4775 and 4717 to 4695
Resistance should appear near 4915 to 4926 and 4973 to 4995
MARCH HEATING OIL
Support should appear near 15760 to 15690 and the 15350 to 15290 region.
Resistance should appear 16420 to 16550 and 16890 to 16960.
MARCH UNLEADED GAS
Support should appear 13100 to 13040 and the 12740 to 12680 region.
Resistance should appear near 13770 to 13830. Beyond that sellers should appear near the 14150 to 14210 region.
MARCH NATURAL GAS
Support should appear near 2.829 to 2.820 and 2.775 to 2.758.
Resistance should appear near 2.972 to 2.990 and 3.036 to 3.045
Stay Tuned for Energy Flashes
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 964 ¼ to 962 ½ and 954 ¼ to 952 ¾
Resistance should appear near 982 ¼ to 983 ¼ and the 992 ¼ to 993 ¾ region.
MARCH SOYOIL
Support should appear near 2990 to 2972 and 2937 to 2928
Resistance should appear near 3092 to 3102 and 3148 to 3157
MARCH SOYMEAL
Resistance should appear near 342.5 to 344.3 and the 349.3 to 350.3 region.
Support should appear near 332.8 to 331.9 and 327.0 to 326.1
MARCH CORN
Support should appear near 368 ¼ to 366 ¼ and 362 ¼ to 361 ¼
Resistance should appear near 379 ½ to 380 ¾ and 385 ¾ to 386 ¾
MARCH WHEAT
Support should appear near 492 ¾ to 491 ¾ and 485 ¾ to 484 ½ Resistance should appear near 512 ¾ to 513 ½ and 520 to 521 ¼
Stay tuned for Grain flashes and updates.
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 15290 and 15117
Resistance should appear near 15442 and 15517
APRIL CATTLE
Support should appear near 14960 to 14840
Resistance should appear near 15290 to 15350
FEBRUARY HOGS
Support should appear near 7007 to 6992 and 6837 to 6807
Resistance should appear near the 7072 to 7087 then 7142 to 7172 and 7242 to 7257.
APRIL HOGS
Support should appear near 7257 to 7252 and 7170 to 7142.
Resistance should appear near 7487 to 7512 and 7587 to 7602
JUNE HOGS
Support should appear near 8317 to 8300
Resistance should appear near 8557 to 8592
Stay Tuned for Livestock Flashes.
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 16890 to 16960 and 17310 to 17380
Support should appear near 16550 to 16420 and 16150 to 16090
MARCH COCOA
Resistance should appear near 2758 to 2774.
Support should appear near the 2672 to 2663 region.
MARCH SUGAR
Resistance is near 1529 to 1535 and 1569 to 1576.
Support should appear near 1496 to 1484 and 1459 to 1453
MARCH COTTON
Support should appear near 5805 to 5792 and 5653 to 5640.
Resistance is at 5945 to 5957 and the 6023 to 6035 region.
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 January 28th, 2015 4:00 PM South Florida Beach Time
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