Futures Trading Investment Comments
Thursday March 3, 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 March 2nd 2016
6:00 PM, South Florida Beach Time
Stay tuned for Flashes and Updates in all Markets
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE Support is at 16,805.00 and 16,720.00
Resistance should appear near 16,960.00 and 17,125.00
DOW JONES TRANSPORTS
Support should appear near 7486.00 and 7428.00 to 7414.00
Resistance should appear near 7675.00 to 7689.00 and 7763.00 to 7777.00
MARCH E-MINI SP500
Resistance should appear 1096.00 and 2034.00 to 2042.00
Support should appear near 1974.25 and 1967.50
NASDAQ COMPOSITE
Resistance should appear 4775.00 to 4785.00 and 4845.00 to 4856.00
Support should appear near 4650.00 to 4639.00 and 4582.00 to 4572.00
MARCH E-MINI NASDAQ 100
Support should appear near 4249.00 to 4238.00
Resistance is at 4425.00 to 4446.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1082.00 and 1096.00 to 1101.00
Support should appear near 1058.00 and 1047.00.
JUNE 30 YR BONDS
Resistance should appear near 163-21and 164-07
Support should appear near 161-21 and 160-07
JUNE 10 YR NOTES
Resistance should appear near 129-21 and 130-07.
Support should appear near 128-21 and 128-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 9837 and 9879 Support should appear near 9779 and 9737 to 9706
JUNE JAPANESE YEN
Resistance should appear near 8934 to 8964 Support should appear near 8777 to 8762
JUNE EURO CURRENCY
Support should appear near 10890 then 10820 and the 10680 to 10580 region. Resistance should appear near 10922 and 10960 to 11010
JUNE SWISS FRANC
Resistance should appear near 10104 to 10136.
Support should appear near 10037 to 10021
JUNE BRITISH POUND
Support should appear near 13830 to 13770 Resistance should appear near the 14150 to 14210 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 7587 to 7601
Support should appear near 7428 to 7414
JUNE AUSSIE DOLLAR Resistance should appear near 7328 to 7342.
Support should appear near 7170 to 7143.
THE PRECIOUS METALS
APRIL GOLD
Resistance should appear near 1268.0 to 1274.0
Support should appear near 1217.5 and 1203.0 to 1192.0
MAY COPPER
Resistance should appear 22670 to 22750
Support should appear near 20890 to 20800
MAY SILVER
Support should appear near 1459.0 to 1453.0.
Resistance is at 1529.0 to 1535.0
THE EXCITING ENERGIES
APRIL CRUDE OIL
Support should appear near 3445 to 3425 and 3328 to 3319.
Resistance should appear near 3553 to 3563 and 3613 to 3623
MAY CRUDE OIL
Support should appear near 3563 to 35563 and 3503 to 3493.
Resistance should appear near 3734 to 3743 and 3858 to 3876
MAY BRENT CRUDE OIL
Support should appear near 3613 to 3593 and 3562 to 3553
Resistance should appear near 3734 to 3743 and the 3795 to 3806 region.
APRIL HEATING OIL
Support should appear near the 10820 and 10680 to 10580.
Resistance should appear 11300 to 11360 and 11640 to 11690
APRIL UNLEADED GAS
Support should appear near 12740 to 12680.
Resistance should appear 13340 to 13460.
APRIL NATURAL GAS
Support should appear near 16150 to 16090
Resistance should appear near 1.774 to 1.780
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near 849 ¾ to 848 ½ region.
Resistance should appear near 876 ¼ to 877 ¾
MAY SOYOIL Support should appear near 2937 to 2928
Resistance should appear near 3092 to 3102
MAY SOYMEAL
Resistance should appear near 266.3 to 267.2 and 271.6 to 272.4
Support should appear near 251.9 to 251.1 and 246.9 to 246.1
MAY CORN
Support should appear near 344 ¼ to 342 ½ Resistance should appear near 366 ¼ to 368 ¼
MAY WHEAT Support should appear near 438 ¼ to 437 ¼
Resistance should appear near 457 ¼ to 458 ¼
THE LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 13537 and 13460 to 13340
Resistance should appear near 13770 to 13830.
JUNE CATTLE
Support should appear 12532 and the 12382 to 12317 region.
Resistance should appear near 12680 to 12740
APRIL HOGS
Resistance should appear near 7072 to 7087 and 7142 to 7170
Support should appear near 6922 to 6907 and the 6837 to 6807 region.
JUNE HOGS
Resistance should appear near 8117 to 8137 and the 8192 to 8222 region
Support should appear near 8042 to 8027 and 7957 to 7937.
THE SATISFYING SOFTS
MAY COFFEE
Resistance should appear near 11640 to 11690 and the 11920 to 12030 region. BW Traders can sell at 11910 and hold for lower prices. Support should appear near the 11360 to 11300 region
MAY COCOA Support should appear near 2883 to 2874 and 2829 to 2820. Resistance should appear near 2972 to 2990 and 3036 to 3045. MAY SUGAR Resistance is near 1496 and 1529 Support should appear near 1421 to 1415 and 1383 to 1377 MAY COTTON Support should appear near 5577 to 5553 and 5504 to 5492. Resistance should appear near 5716 to 5729 and 5792 to 5805 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 March 2, 2016 7:30 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.