Futures Trading Investment Comments
Thursday April 7, 2016 Day Trading Stock Index Futures • Treasuries • Forex • Precious Metals • Crude Oil • Grains • Livestock • Coffee • Sugar • Cocoa.
Futures trading flash alerts for day trading and for most Futures markets are delivered frequently. Please stay tuned for our Stock Index and Futures day trading flashes.
Wednesday April 6th 2016
7:00 PM, South Florida Beach Time
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support should appear near 17,560.00 and the 17,380.00 to 17,310.00 region.
Resistance should appear near 17,740.00 to 17,800.00 and 17,940.00.
DOW JONES TRANSPORTS
Support should appear near 7689.00 to 7675.00 and the 7601.00 to 7587.00 region.
Resistance should appear near 7763.00 to 7777.00 and 7836.00 to 7864.00.
JUNE E-MINI SP500
Resistance should appear near 2080.00 to 2089.00
Support should appear near 2042.00 to 2034.00.
NASDAQ COMPOSITE
Resistance should appear near 4973.00 to 4995.00
Support should appear near 4915.00 and 4887.
JUNE E-MINI NASDAQ 100
Support should appear near 4514.00 to 4503.00 and 4856 to 4846.00
Resistance is at 4571.00 to 4582.00 and 4639.00 to 4650.00
JUNE E-MINI RUSSELL 2000
Resistance should appear near 1130.00 to 1136.00
Support should appear near 1096.00 and 1082.00
JUNE 30 YR BONDS
Resistance should appear near 165-21 and 166-07
Support should appear near 164-21 and 164-07.
JUNE 10 YR NOTES
Resistance should appear near 131-07 and 131-21
Support should appear near 130-12 and 129-21.
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9526 to 9542 Support should appear near 9429 and 9347 to 9316
JUNE JAPANESE YEN
Resistance should appear near 9316 to 9347 Support should appear near 9100 and 9060 to 9044.
JUNE EURO CURRENCY
Support should appear near 11360 to 11330. Resistance should appear near 11492 and 11637
JUNE SWISS FRANC
Resistance should appear near 10580 to 10630 and 10677.
Support should appear near 10470 and 10360 and 10320.
JUNE BRITISH POUND
Support should appear near 13990 and 13830 to 13770. Resistance should appear near 14150 to 14210 and 14287.
JUNE CANADIAN DOLLAR
Resistance should appear near 7675 to 7687
Support should appear near 7601 to 7587
JUNE AUSSIE DOLLAR Resistance should appear near 7638 and 7675 to 7689
Support should appear near 7551 and 7513 to 7486
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near 1232.0 to 1238.0 and 1253.0
Support should appear near 1203.0 to 1192.00
MAY COPPER
Resistance should appear 21700 to 21850 and 22190 to 22260.
Support should appear near 21340 to 21260 and the 20890 to 20800 region.
MAY SILVER
Support should appear near 1459.0 to 1453.0
Resistance is at the 1529.0 to 1535.0
THE EXCITING ENERGIES
MAY CRUDE OIL
Support should appear near 3743 to 3734 and 3682 to 3663.
Resistance should appear near 3858 to 3867 and 3909 to 3929
JUNE CRUDE OIL
Support should appear near 3867 to 3858 and 3806 to 3795
Resistance should appear near 3982 to 3992 and 4046 to 4056. Beyond that sellers should appear near 4110 to 4120.
JUNE BRENT CRUDE OIL
Support should appear near 3929 to 3909 and 3867 to 3858
Resistance should appear near 4046 to 4056 and 4110 to 4120.
MAY HEATING OIL
Support should appear near 11010 to 10960
Resistance should appear 11640 to 11690
MAY UNLEADED GAS
Support should appear near 13830 to 13770
Resistance should appear 14370 and 14150 to 14210
MAY NATURAL GAS
Support should appear near 18650 to 18580 Resistance should appear near 1.946 to 1.953
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 896 ½ to 893 ½ and 887 ¼ to 885 ¾
Resistance should appear near 910 and the 914 to 915 ¾ region.
MAY SOYOIL Support should appear near 3328 to 3319
Resistance should appear near 3493 to 3503.
MAY SOYMEAL
Resistance should appear near 271.6 to 272.4
Support should appear near 262.0 to 261.2
MAY CORN
Support should appear near 344 ¼ to 342 ¼ Resistance should appear near 361 ¼ to 362 ¼
MAY WHEAT Support should appear near 458 ¼ to 457 ¼, below that a test of 451 ½ to 450 ¼ is likely.
Resistance should appear near 465 ¾ to 465 and 469 ½ to 471 ¾
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13217 and 13340 to 13460
JUNE CATTLE
Support should appear 12030 to 11920
Resistance should appear near 12320 to 12380
APRIL HOGS
Resistance should appear near 6757 and 6807 to 6837
Support should appear near 6672 to 6657 and 6592 to 6577
JUNE HOGS
Resistance should appear near 8027 to 8047 and 8117 to 8137
Support should appear near 7937 and 7867 to 7837 BW traders should go short if a close under 7932 occurs.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 12175 and 12320 to 12380. Support should appear near 12030 to 11920.
MAY COCOA Support should appear near 2883 to 2874 and 2829 to 2820 Resistance should appear near 2928 to 2937 and 2972 to 2990 MAY SUGAR Resistance is near 1484 to 1496. Support should appear near 1421 to 1415 MAY COTTON Support should appear near 5805 to 5792 and 5729 to 5716 Resistance should appear near 5855 to 5880 and 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 Wednesday April 6th, 2016 8:15 PM South Florida Beach Time
FuturesCom Investment Publications © 1996 – 2016 All Rights Reserved
https://futurescom.com/futurescom-policies-and-terms-of-usage-and-agreement
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