Economic and Investment Trend Analysis - Socio Economics 
Forex - Bonds - Dow Jones - Nasdaq - SP500 - Precious Metals - Energy - Livestock - Grains - Softs
 Premier Service - Platforms - Quote - Online Signup - Bi-Weekly Outlook Archives - Special Reports - DIY Index
Economic Calendar

FuturesCom Investment Publications
Morning Comments Tuesday April  5th 2005
 Serving Professional and Individual Traders World Wide since 1988
7690 Rockport Circle ,  Lake Worth ,  Florida 33467 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 561-433-2995  http://www.futurescom.com 

Monday April 4th,  2005
2:00  PM  Eastern time   

Open BW Positions   


                                       The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance is near 10470 and 10580 to 10680.
Support should appear near 10360 to 10320..However if it fails badly a test of 10185 is likely and should contain a decline for some time...

June SP500
Recommended open position long  at 1185.50
Resistance should appear near  1180.50, a close over is friendly and augurs for a test of 
1192.00 to 1203.00... Which appears more likely than not to occur. 
Support should appear near 1169.00 to 1164.00.. Below that buyers should appear near 1150.00 and the 
1136.00 to 1130.00 region.  

Nasdaq Composite
Support should appear near 1982.. Below that buyers should appear near 1953 to 1946   
Resistance should appear near 1996.00 and the 2034 to 2042 region

June Mini Nasdaq 100  
Recommended open position Long at 1499.50
Resistance should appear near 1484 to 1496 and 1529 to 1535 
Support is at 1459 to 1453 , a slip under augurs for a test of 1421 to 1415 .
BW Traders can buy at 1422 for a bounce and risk a close under 1412 for three days in a row. .  

June Mini Russell 2000
Support is at  611.3 to 610.1 and 603.5 to 602.3 which should contain a decline… Below that buyers should appear near 595.7 to 594.5 .. BW Traders can buy at 603.6 and risk a close under 593.4 for three days in a row..
Resistance is at 616.5 to 619. A close over is friendly and augurs for a test of 633.70 to 635.00
BW Traders should go long if a close over 619.7 occurs.

June 10 Year T-Note  
Resistance should appear near 109-22 then 110-07 and 110-22 
Support  should appear near 109-07 then 108-22 and 108-07


                                           The Frenzied Forex Front

June Yen
Resistance should appear near 9316 to 9347 and 9429 to 9445 
Support should appear near 9237 and the 9156 to 9140 region. ..  

June Euro Currency (EC)
Support should appear near the 12740 to 12680 region. 
Resistance should appear near 12890 and 13040 to 13100

June Swiss Franc
Resistance should appear near  8314 and the 8391 to 8406 region 
Support should appear near the 8223 to 8194 region 
BW Traders should go short if a close under 8299 occurs 

June British Pound
Support should appear near 18650 to 18580 and the 18220 to 18080 region. .    
Resistance should appear near 18836, beyond that  19020 to 19090 should cap a rally. .

June Canadian Dollar
Support should appear near 8194 and 8134 to 8119
Resistance is at  8300 to 8314 and 8391 to 8406

June Aussie Dollar
Resistance should appear near 7674 to 7689 and the 7763 to 7777 region
Support should appear at 7601 to 7587, below that a test of 7513 to 7486  is likely.  
BW Traders should go short if a close under 7587 occurs.


                                                               Precious Metals
June Gold  
Resistance should appear at 430.4 to 431.5 and 437 to 438.1. 
Support is at 424.9 to 423.8 , a close under augurs for a test of 418.3 to 416.3 ..
BW Traders should go short if a close under 423.8 occurs.

May Copper
Recommended open position short at 14435
Support should appear near 14590 to 14530 and the 14210 to 14150 region
Resistance should appear near 14960 and 15290 to 15350
BW Traders can sell at 152.70 and risk a close over 1.5830 for three days in a row
BW Traders should go short if a close under 145.30 occurs.

May Silver  
Support should appear near 700.5 to 699.0 and 683.5 to 680.5.. 
Resistance is at the  714.5 to 717.0 region. Beyond that sellers should appear near 732.5 to 734.5 
BW Traders can sell at 732 and risk a close over 744 for three days in a row. 

                                               The Exciting Energies

May Crude Oil
Resistance should appear near 5716 to 5729 the 5792 to 5805 region
Support should appear near 5653 to 5640 and 5577 to 5553

May Unleaded Gas 
Recommended open position short at 16880
Resistance should appear near 17310 to 17380 and 17740 to 17800 
Support should appear near 16960 to 16890 and 16150 to 16090 

May Heating Oil
Resistance should appear near 16890 to 16960 and 17310 to 17350
Support should appear near 16420 and 15760 to 15690  

                                                  The Lively Livestock  

June Cattle
Support should appear near 8407 to 8392. A close under is negative
 and augurs for a test of 8317 to 8302
Resistance is at 8482 to 8502 and 8562 to 8592      
BW Traders should go short if a close under 8387 occurs 

June Hogs
Recommended open position Short at 7950
Support is at 7957 to 7937 and 7867 to 7837
Resistance should appear near 8027 to 8047 and 8117 to 8137    

May Pork Bellies
Recommended open position short at 9137
Resistance should appear near 9527 to 9542 and 9622 to 9642 
Support is at 9347 to 9317 and 9157 to 9142  

--Stay tuned for Updates and Flashes --

                                

                                              The Grande’ Grains

May Soybeans
Support is at 611 1/4 to 610 1/4 and the 603 1/2 to 602 1/4 region .. 
Below that buyers should appear near 588 to 585 1/2 
Resistance should appear near 616 1/2 to 619 and 625 3/4 to 627  

May Soymeal
Support should appear near 182.2 to 180.8 and 178.0 to 177.4
Resistance should appear near 185.8 to 186.5 and 190.2 to 190.9   

May Soybean Oil
Recommended open position Long at 2276
Resistance should appear near the 2315 to 2322 and 2354 to 2370 
Support should appear near 2276 to 2267and the 2226 to 2219 region.  

May Corn
Support should appear near  208 3/4 to 208
Resistance is at  212 3/4 to 213 1/2 

May CBOT Wheat
Resistance should appear near 319 1/2 to 321 1/4 and 326 1/4 to 327
Support should appear near 315 3/4 to 314 3/4 and the 310 1/4 to 309 1/2 region.  

Trade Accordingly –


 The Satisfying Softs  

May  'The Monster' Coffee
Recommended open position Long at 12600  
Nearby Support  should appear near 12185 and the 12030 to 11920 region 
Resistance should appear near 12320 to 12380 and the 12680 to 12740 region. 

July  'The Monster' Coffee’
Recommended open position Long 2 at 12360  
Nearby Support  should appear near the 12380 to 12320 region.
Resistance should appear near 12680 to 12740 

May Cocoa 
Support is at 1576 to 1569 and the 1535 to 1529 region 
Resistance is at 1609 to 1615 and 1642 to 1655  

July Sugar
Support should appear near 852 to 847 
Resistance should appear near 877 to 882 

July Cotton
Recommended open position Long at 5305
Support should appear near 5430 to 5415 and 5355 to 5345  
Resistance should appear near 5490 to 5505 and  the 5555 to 5575 region. 

Trade Accordingly.. .

- A Ship in Harbor is Safe...But that is not what ships are built for –

Happy Trading!   

Bill  wil@futurescom.com

1-866-409-3890  
 Monday  April 4th, 2005
3:30 PM South Florida Beach Time

BW Recommended Open Positions
Long June SP500 1185.50
Long June Mini Nasdaq 1499.50
Short May Unleaded Gas 16880
Short May Copper 144.35
Short June Hogs 7950
Short June Hogs 7800 / Long August Hogs 7322
Short May Pork Bellies 9137
Long May Bean Oil 2276 
Long  May Coffee 12600
Long 2 July Coffee 12360 
Long July Cotton 5305