Futures Trading Investment Comments
Tuesday April 12, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
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Monday April 11th 2016
1:30 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 17,380.00 to 17,310.00.
Resistance remains near 17,740.00 to 17,800.00.
DOW JONES TRANSPORTS
Support should appear near 7689.00 to 7675.00 and 7601.00 to 7587.00
Resistance should appear near 7763.00 to 7777.00 and 7836.00 to 7864.00
JUNE E-MINI SP500
Resistance should appear at 2042.00 and 2061.00.
Support should appear near 2015.00 and 1996.00 to 1982.00
NASDAQ COMPOSITE
Resistance should appear 4856.00 and 4915.00 to 4926.00
Support should appear near 4785.00 to 4775.00.
JUNE E-MINI NASDAQ 100
Support should appear near 4446.00 to 4425.00, a close under augurs for a test of 4381.00 to 4370.
Resistance is at 4503.00 to 4514.00 region. Beyond that sellers should appear near 4571.00 to 4582.00 region.
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1096.00 to 1101.00 and 1115.00
Support should appear near 1082.00 and 1068.00 to 1058.00.
JUNE 30 YR BONDS
Resistance should appear near 166-21 and 168-07.
Support should appear near 165-07 and 164-21.
JUNE 10 YR NOTES
Resistance should appear near 131-07 and 131-22.
Support should appear near 130-22 and 130-07.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9429 to 9445. Support should appear near 9347 to 9316.
JUNE JAPANESE YEN
Resistance should appear near 9316 to 9347. A close over is friendly and augurs for a test of
9429 to 9445 Support should appear near 9237 and 9156 to 9140
JUNE EURO CURRENCY
Support should appear near 11360 to 11300 Resistance should appear near 11500 and 11640 to 11690. BW Traders can sell at 11633 and risk a close over 11697 for three days in a row.
JUNE SWISS FRANC
Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10360 to 10320.
JUNE BRITISH POUND
Support should appear near 14210 to 14150. Resistance should appear near 14367 and 14530 to 14590.
JUNE CANADIAN DOLLAR
Resistance should appear near 7763 to 7777, beyond that a test of 7836 to 7864 is likely to occur.
Support should appear near 7689 to 7675 and the 7601 to 7586 region.
JUNE AUSSIE DOLLAR Resistance should appear near 7675 to 7689.
Support should appear near 7552 and 7601 to 7587.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near the 1268.0 to 1274.0 region.
Support should appear near 1253.0 and 1238.0 to 1232.0.
MAY COPPER
Resistance should appear 21260 to 21340. BW traders can sell at 21260 and hold for lower prices.
Support should appear near 20420 to 20340 and 19960 to 19820.
MAY SILVER
Support should appear near 1576.0 to 1569.0.
Resistance is at 1609.0 to 1615.0
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 3992 to 3982 and 3867 to 3858.
Resistance should appear near 4110 to 4120 and the 4163 to 4183 region.
JUNE CRUDE OIL
Support should appear near 4120 to 4110 and 4056 to 4046.
Resistance should appear near 4238 to 4249 and 4304 to 4315.
JUNE BRENT CRUDE OIL
Support should appear near 4183 to 4163 and 4120 to 4110.
Resistance should appear near 4304 to 4315 and 4370 to 4381.
MAY HEATING OIL
Support should appear near 12030 to 11920 and 11820.
Resistance should appear 12320 to 12380 and the 12680 to 12740 region.
MAY UNLEADED GAS
Support should appear near 14960 to 14840 and 14590 to 14530.
Resistance should appear 15290 to 15340 and 15690 to 15760.
MAY NATURAL GAS
Support should appear near the 1.909 to 1.902 and 1.865 to 1.858 Resistance should appear near 1.982 to 1.996 and 2.034 to 2.042.
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 915 ¾ to 914 and 906 to 904 ½
Resistance should appear near 931 ¾ to 934 ¾ and 942 ¾ to 944 ½
MAY SOYOIL Support should appear near 3386 to 3377 and 3328 to 3319.
Resistance should appear near 3425 to 3443 and 3493 to 3503.
MAY SOYMEAL
Resistance should appear near 282.0 to 282.9 and the 287.4 to 288.3 region.
Support should appear near 277.5 to 275.8 and 272.4 to 271.6
MAY CORN
Support should appear near the 356 ¼ to 355 ¼ region. Below that a test of 350 1/2 to 349 ¼ is likely.
Resistance should appear near 366 ¼ to 368 ¼ and 373 ½ to 374 ¼ region.
MAY WHEAT
Support should appear near 444 ¾ to 442 ½, below that a test of 438 ¼ to 437 is likely.
Resistance should appear near 450 ¼ to 451 ½ and 463 ¾ to 465.
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear 12320. A close under augurs for a test of 12030 to 11920.
Resistance should appear near 12380 and 12527.
AUGUST CATTLE
Support should appear 11807 and 11690 to 11640.
Resistance should appear near 11920 to 12030
JUNE HOGS
Resistance should appear near 8027 to 8047 and 8117 to 8137.
Support should appear near 7867 to 7837 and the 7777 to 7762 region.
AUGUST HOGS
Resistance should appear near 7957 and 8027 to 8047.
Support should appear near 7867 to 7837 and the 7777 to 7762 region.
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 12530 and 12680 to 12740. Support should appear near 12380 to 12320 and 12175
JULY COCOA Support should appear near 2928 and the 2883 to 2874 region. Resistance should appear 2972 to 2990 and 3036 to 3045. BW Traders can sell at 2967 and hold for lower prices.
JULY SUGAR
Resistance is near 1421 and 1453 to 1459. Support should appear near 1383 to 1377.
JULY COTTON Support should appear near 5957 to 5945 and the 5880 to 5855 region. Resistance should appear near 6101 to 6113 and 6165 to 6190.
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 April 11, 2016 3:00 PM South Florida Beach Time
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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