Futures Trading Newsletter , Bi-Weekly Investment Outlook #507

FuturesCom Futures Trading Newsletter Sunday August 28  2016.  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

 

‘Make a Plan and Trade it’

 

Saturday August 27th, 2016

8:00 AM, South Florida Beach Time

Traders should expect wide movements as markets move towards the end of the month. Stay tuned for flashes and updates.

              

                                        THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE Support is at 18,220.00 to 18,080.00 and the 17,800.00 to 17,740.00 region.

Resistance is at 18,580.00 to 18650.00 and the 19,020.00 to 19,090.00 region.

 

DOW JONES TRANSPORTS

Support should appear near 7777.00 to 7763.00 and the 7689.00 to 7675.00 region.   Resistance should appear near 7836.00 to 7864.00 and 7939 to 7954

SEPT E-MINI SP500

Resistance should appear near 2185 and the 2219.00 to 2226.00 region. Traders can sell at 2218.75 and risk 10 points.

Support should appear near 2152.00 then 2134.00 to 2126.00 and 2107.50. Traders can buy at 2108.00 and risk 10 points.

 

NASDAQ COMPOSITE

Resistance should appear near 5259.00 to 5282.000 and the 5344.00 to 5356.00 region. Support should appear near 5211.00 to 520.00 and the 5139.00 to 5127.00 region.

 

SEPT E-MINI NASDAQ 100

Support should appear near 4775 and 4717.00 to 4695.00

Resistance is at 4845.00 to 4856.00 and the 4915.00 to 4926.00 region.

 

SEPT E-MINI RUSSELL 2000

Resistance should appear near the 1268.00 to 1274.00 region.

Support should appear near the 1203.00 to 1192.00 region.

 

DEC 30 YR BONDS

Resistance should appear near 170-07 and 171-21. Beyond that sellers should appear near 173-07 and cap a rally.

Support should appear near 167-21 and 165-21. Below that buyers should appear near 165-09 and 164-21

 

DEC 10 YR NOTES

Resistance should appear near 131-07 and 132-21. Beyond that sellers should appear near 133-12 and 134-21.

Support should appear near 130-07 and 128-21. Below that buyers should appear near 127-07

 

                                           THE FRENZIED FOREX FRONT

SEPT DOLLAR INDEX

Resistance should appear near 9625 to 9641 and 9706 to 9737. Support should appear near 9526 then 9487 and the 9445 to 9429 region.

JAPANESE YEN

Resistance should appear 9879 then 9921 to 9937 and 10021 to 10037.   Support should appear near 9737 to 9706 and 9641 to 9625.

SEPT EURO CURRENCY

Support should appear near 11155 and 11010 to 10960. Below that a test of 10820 is likely. Resistance should appear near 11227 and 11300 to 11360. Beyond that sellers should appear near 11500 and 1164o to 11690
SEPT SWISS FRANC

Resistance should appear near 10320 to 10360 and 10470.

Beyond that sellers should appear near 10580

Support should appear near 10136 to 10104 and 10037 to 10021.

 

SEPT BRITISH POUND

Support should appear near 13100 to 13040 and 12740 to 12680 region.

Resistance should appear near 13220 and 13340 to 13460 region.

SEPT CANADIAN DOLLAR

Resistance should appear near 7726 and 7763 to 7777. Beyond that sellers should appear near 7836 to 7864.

Support should appear near 7675 and 7601 to 7587.

 

SEPT AUSSIE DOLLAR Resistance should appear near the 7597 to 7601 and 7675 to 7689.

Support should appear near 7513 to 7486 and the 7428 to 7414 region.
                                        THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1334.00 to1346.00 and 1377 to 1383

Support should appear near 1310.0 to 1304.0 and the 1274.00 to 1268.00 region.

DECEMBER COPPER

Resistance should appear near 21260 to 21340 and 21700 to 21850. Support should appear near 20420 to 20340 and the 19960 to 19820 region.

 

DECEMBER SILVER

Resistance should appear near 1902.0 to 1909.0 and 1946.0 to 1953.0. Beyond that sellers should appear near 1982.0 to 1996.00

Support is at 1865.0 to 1858.0 and 1822.0 to 1808.0. Below that a test of 1780.0 to 1774.0 is likely.                                                                                                    

 

 

                                                         THE EXCITING ENERGIES

 

OCTOBER CRUDE OIL

Support should appear near 4717 to 4695 and 4650 to 4639. Below that a test of 4582 to 4571 is likely.

4249 to 4238 is likely.

Resistance should appear near 4775 to 4785 and 4845 to 4856. Beyond that sellers should appear near 4915 to 4926

 

NOVEMBER CRUDE OIL

Support should appear near 4717 to 4695 and 4650 to 4639. Below that a test of 4582 to 4571 is likely.

4249 to 4238 is likely.

Resistance should appear near 4775 to 4785 and 4845 to 4856. Beyond that sellers should appear near 4915 to 4926

 

NOVEMBER BRENT CRUDE OIL

Support should appear near 4785 to 4775 and the 4650 to 4639 region. Below that a test of 4381 to 4370 is likely.

Resistance should appear near the 4915 to 4926 region. Beyond that sellers should appear near

5056 to 5067 and the 5127 to 5139 region.

OCTOBER HEATING OIL

Support should appear near 14960 to 14840 and 14590 to 14530

Resistance should appear near 15290 to 15350 and 15690 to 15760

OCTOBER UNLEADED GAS

Support should appear near 14150 and 13830 to 13770. Below that a test of the 13460 to 13340 region is likely.

Resistance is at 14370 and 14530 to 14590. Beyond that sellers should appear near 14840 to 14960.

 

OCTOBER NATURAL GAS

Support should appear near 2775 to 2758

Resistance should appear near 2972 to 2990 and 3148 to 3157. Beyond that sellers should appear near the 3194 to 3213 region.

 

                                                      THE GRANDE’ GRAINS

 

NOVEMBER SOYBEANS

Support should appear near 954 ¼ to 952 ¾ and the 934 ¾ to 931 ¾ region.

Resistance should appear near 970 ¾ to 973 ¾ and 992 ¼ to 993 ¼. Beyond that sellers should appear near 1002 ¼ to 1003 ¾. Traders can sell at 992 and risk a close over 1004 ¼ for three days in a row.

 

JANUARY SOYBEANS

Support should appear near 954 ¼ to 952 ¾ and the 934 ¾ to 931 ¾ region.

Resistance should appear near 970 ¾ to 973 ¾ and 982 ¼ to 983 ¾. Beyond that sellers should appear near 1002 ¼ to 1003 ¾. Traders can sell at 982 and risk a close over 992 ¾ for three days in a row.

 

DECEMBER SOYOIL Support should appear near 3213 to 3194 and the 2990 to 2972 region.

Resistance should appear near 3377 to 3386 and the 3425 to 3443 region.
DECEMBER SOYMEAL

Resistance should appear near 319.4 to 321.3 and 331.9 to 332.8.

beyond that sellers should appear near 342.5 to 344.3.

Support should appear near 310.2 to 309.2 and the 288.3 to 287.4 region.

DECEMBER CORN

Support should appear 321 ¼ to 319 ½ and the 304 ½ to 303 ¾ region. Below that buyers should appear near 299 to 297 ¼.

Resistance should appear near 331 3/4 to 332 ¾ and 337 ¾ to 338 ¾ Beyond that sellers should appear near 342 ½ to 344 ¼.

 

DECEMBER WHEAT Support should appear near 380 ¾ to 379 ½ and the 368 ¼ to 366 ¼ region. Resistance should appear near 411 to 412 then 416 ¼ to 418 ¼ region and the 430 ¼ to 431 ½ region.

 

                                               THE LIVELY LIVESTOCK  

 

OCTOBER CATTLE

Support should appear near 10580. A close under augur for a test 10360 to 10320.

Resistance should appear near 10680 and 10820. Beyond that sellers should appear near 10960 to 11010 and the 11300 to 11360 region.

 

DECEMBER CATTLE

Support should appear near 10680 to 10580. A close under augur for a test 10360 to 10320

Resistance should appear near 10820 then 10960 to 11010 and the 11300 to 11360 region.

 

OCTOBER HOGS

Resistance should appear near 6165 to 6190 and the 6257 to 6270 region. Beyond that seller should appear near 6337 to 6352 and the 6412 to 6432 region.

Support should appear near 6035 to 6022 and 5880 to 5855. Below that a test of 5577 to 5552 is likely.
DECEMBER HOGS

Resistance should appear near 5712 to 5737 and the 5852 to 5882 region.

Support should appear near 5577 to 5552 and the 5282 to 5252 region.     Stay tuned for livestock flashes

                                             THE SATISFYING SOFTS

 

DECEMBER COFFEE

Resistance should appear near the 14840 to 14960 region. Beyond that sellers should appear near 15290 to 15350 Support should appear near 14210 to 14150 and the 13830 to 13770 region. Trade accordingly

DECEMBER COCOA
Support should appear near 2937 to 2928 and the 2883 to 2874 region. Below that a test of 2829 to 2820 is likely. Resistance should appear near 3036 to 3045 and the 3092 to 3102 region. Beyond that sellers should appear near 3148 to 3157.
OCTOBER SUGAR
Resistance is near 2080 to 2089 and the 2126 to 2134 region Support should appear near 1996 to 1982 and the 1909 to 1902 region.

DECEMBER COTTON
Support should appear near 6755 to 6743 and 6673 to 6659. Below that a test of 6350 to 6337 is likely       Resistance should appear near6906 to 6919 and 7143 to 7170.  

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 28, 2016 4:55 AM South Florida Beach Time

 

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