Wed. March 31, 1999

8:00 PM

On the Frenzied Forex Front

June Japanese-Yen

Support is at 8499 to 8476 and 8427 then 8399 to 8363

Resistance is at 8560 then 8576 and 8589 and 8629. A close over 8576 augurs for an eventual test of the 8668 to 8683 and the 8762 to 8777 region.

Be long

Support is at 5515 and 5504 to 5492. Below that support is at 5430 to 5418 where traders can buy at 5425 for a bounce, risk a close under 5418.

Resistance is at 5525 , a close over augurs for a test of 5553 to 5577 then 5605. A close over 5577 is friendly and augurs for an eventual test of 5640 to 5653 beyond that resistance is at 5671 and 5682

Support is at 6780 and 6761. Below that support is near the 6758 to 6741 region under that support is at 6673 to 6659.

Resistance is at 6809 and the 6831 to 6836 region. A close over 6836 augurs for a test of 6906 to 6919 beyond that resistance is at 6931 and 6958. Above that sellers should appear near 6990 to 7003.

Support is near 1.6090 to 1.6072.

Resistance is at 1.6150. A close over 1.6150 augurs for a test of 1.6286 and 1.6420.

BW Traders should go long if a close over 1.6286 occurs.

Support should appear at 6605 then 6591 to 6577 and 6548 to 6544. Below that a test of the 6509 to 6482 region is likely.

Resistance is at 6655 to 6677 and the 6741 to 6755 region, which should cap a rally. BW Traders can sell at 6741 for a turn lower, risk a close over 6755 for three days in a row.

Stay tuned for Forex flashes

Support is at 283 and 280 under that buyers should appear near 275

Resistance is at 285 A close over 285.00 is friendly and augurs for a test the 291

region Trade accordingly

Support is at 6250. Under that some support should appear near 6165 to 6150 and the 6035 to 6023 region. .

Resistance is at 6315 then 6355 , a close over 6355 indicates a test of 6450

Support is at 357 and 348.

Resistance is at 372.

Hold.

On the DownSide: Support is at 492 Under that buyers should appear near 480 to 475. BW Traders should buy at 475.5 and hold for higher prices.

On the Upside. Resistance is at 500 and 513 then 520.

BW Traders should go long if a close over 514 occurs.

Nearby Support is at 1660 to 1657 then 1635 under that BW traders can buy at 1578, risk close under 1560 for three days in a row.

Nearby Resistance is at 1685 . Beyond that a test of 1710 then 1724 to 1731 is likely.

Nearby Support is at 5345 and 5310 then 5290 below that 5140 offers support.

Resistance is at 5445 and 5545 .. A close over 5445 is friendly and augurs for an eventual test of 5645 to 5653.

Support is at 4345 to 4320 Day Traders can buy at 4345 and hold for higher prices. Below that support is at 4275 then 4185 to 4163.

Resistance is at 4435 and 4475. A close over 4475 indicates a likely test of 4552

Support is at 480 then 477 and 473.

Resistance is at 487 and 490 Beyond that resistance is at 494.

Support is at 486 Below that good buyers should appear near 480.

BW Traders can buy at 480 and hold.

Resistance is at 495 3/4 and 497 beyond that resistance is at 505.

Support is at 136.80 and 134.60 to 133.40. Below that support is at 131.9 to 130.40 where it should hold.

Resistance is at 139.80. A close over 139.80 is friendly and augurs for a test of 142.0

Resistance is at 1927 A close over 1927 is friendly and augurs for a test of the 1964 region. Beyond that resistance is at 1982

Support is at 223 and 218.

Resistance is at 226 to 228. A close over 228 augurs for a test of 233.

Support is at 290 and 287 , day traders can buy at 288 and risk 8 cents .

Resistance is at 296. A Close over 296 is friendly and augurs for a test of 300 to 302

On the Upside resistance 6023 to 6035 then 6123

On the DownSide support is at 5925 and 5880 to 5855 then 5825 Day Traders can buy at 5825 and hold for higher prices

Support is at 586 and 575 Below that 559 should hold.

Resistance is at 599 and 602 to 609. A close over 599 is friendly

On the DownSide, support is at 109.20 then 108.10 day traders can buy at 108.10 and hold for higher prices. Under that support is at 107.60 and the 106.80 to 105.80 region. Below that Buyers should appear near 105.10 to 104.60 . BW Traders can buy at 105.10 and hold for higher prices. Under that support is at 103.60 to 103.20 .

On the Upside, Resistance is at 110.10 to 110.50. A close over 110.50 is friendly and augurs for a test of 112.60 and most likely the 113..00 / 113.60 region.

Beyond that 116.40 to 116.90 offers resistance. A close over 116.90 indicates a test of 119.20 to 120.30

Buy dips and stay tuned for Flashes.

Buy dips and stay tuned for Flashes.

Nearby Support is at 1180, under that 1160 to 1147 should contain a decline.

Resistance is at 1197 to 1205 and the 1232 to 1238 region. A close over 1232 is friendly and augurs for a test 1268 to 1279, BW Traders can sell at 1274 risk a close over 1304 for three days in a row.

Support is at 6602 to 6597 Below that buyers should appear at 6527.

BW Traders can buy at 6517 and hold for higher prices.

Resistance is at 4217 and 4262 then 4357

Support is at 4167 , day traders can buy at 4167 and hold for higher prices. Below that support is at 4105 and 4067.

Stay Tuned for flashes...

Support is at 5202 and 5107 to 5102
Resistance is at 5267 then 5307 and 5397

Support is at 4982 to 4962 thren 4912 and 4817.

Resistance is at 5097 to 5112. A close over 5112 is freindly and augurs for a test of 5262 to 5287.

Stay Tuned for Flashes the Pork Complex.

On The DownSide nearby support is at 120-17 and 120-03 then 119-23

A close under 119-23 is negative and augurs for a test of the 118-22 region.

BW Traders can buy at 118-22 and hold for higher prices.

On the Upside: Resistance is at 120-23 and 121-07, beyond that sellers should

appear near 121-23. A close over 121-23 augurs for an eventual test of 122-14 to

122-18 and 123-04 Traders can sell at 123-04 for a turn lower, risk a close over

June SP 500
Support is at 1289 to 1288.20, a extended trade under 1288 augurs for a test of 1277.50 and eventually 1274 to 1271.90/ 1271 and 1268.

Resistance is at 1304 and 1307 then 1310 . Above that resistance is at 1319.90 then 1322 and 1334 to 1346.

BW Traders should go short if a close under 1289 occurs.

Resistance is near 9825 to 9837 and 9924 to 9937 beyond that sellers should appear near 10,021 to 10,037. Beyond that resistance is at 10,050.. Beyond that a test of 10,104 to 10,136 is likely.