Economic and Investment
Trend Analysis - Socio Economics
Forex - Bonds - Dow Jones - Nasdaq -
SP500 - Precious Metals - Energy - Livestock - Grains -
Softs
Premier Service
- Platforms - Quotes - Online Signup -
Bi-Weekly Outlook Archives
- Special Reports -
DIY Index
FuturesCom Investment Publications
Morning
Comments Thursday April 14th 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
'We can easily forgive a child who is afraid of
the dark.
The real tragedy of life is
when men are afraid of the light.'
--Plato--
Wed April 13th, 2005
7:00
PM Eastern time
The Sensational Stock and Bond Markets
Dow Jones
Industrial Average
Resistance
is near 10580.00 to
10680.00
Support should appear near 10360 to 10320 to
10320
June SP500
Recommended Open position Long at
1180.6
Resistance should appear near 1192.00 to 1203.00
Support should appear
near 1169.00 to 1164.00.
Nasdaq Composite
Support should
appear near 1946.00 to 1953.00 .
Resistance should appear
near 1982.00 to 1996.00
June Mini
Nasdaq 100
Recommended
Open Position Long at 1499.50
Resistance should appear near
1494.00 to 1496.00 .
Support is at 1459.00 to 1453.00 a slip
under augurs for a test of 1421.00 to 1415.00 ..
BW Traders can buy at
1422.00 for a bounce and risk a close under 1412.00 for three days in a row.
.
BW Traders should go long if a close over 1513.00 occurs
June Mini
Russell 2000
Recommended Open
Position Long at 621.50
Support is at 603.50 to 602.30.. Below that buyers should
appear near 595.70 to 594.50 ..
BW Traders can buy at 595.80 and risk a
close under 584.40 for three days in a row..
Resistance is
at 616.50 to 619.00 and the 625.70 to 627.00 region
June 10
Year T-Note
Resistance
should appear
near 110-22 which should cap
the rally
Support at 109-22 and 109-07 .
The Frenzied Forex Front
June Yen
Recommended open position short at
9315
Resistance should appear near 9429 to 9445 and 9526 to
9542
Support should appear near 9347 to 9316 and 9156 to 9140
BW Traders should go short if a
close under 9237 occurs
June Euro
Currency (EC)
Support should appear at the 12740 to 12680
region.
Resistance should
appear near 13040 to 13100 .
BW
Traders should go short if a close under 12889 occurs
June Swiss Franc
Recommended
open position short at 8391
Resistance should appear near the 8391 to
8406 and the 8484 to 8499 region.
Support should appear near 8314 to 8300
and the 8223 to 8194 region
Aggressive BW
Traders should go short if a close under 8299. ..
June British
Pound
Support should appear near 18650 to 18580 ..
Resistance should appear near 19020 to
19090
June Canadian Dollar
Support should appear near 8044 to
8029, a slip under augurs for a test of below that a test of 7954 to
7939.
Resistance is
at 8119 to 8134 and 8194 to 8223 BW Traders should sell at 8194 and
risk a close over 8231 for three days in a row
June Aussie
Dollar
Recommended open position short at 7762
Resistance
should appear near the 7763 to
7777 region. Beyond that, 7836 to 7864 should bring out sellers and should cap a
rally.
Support should appear at 7689 to
7675 and 7601 to 7587. BW Traders should go short if a close
under 7587 occurs.
Precious Metals
June Gold
Recommended open position Short at
430.3
Resistance should appear at 431.5 and 437 to
438.1.
Support is at 424.9 to 423.8
BW Traders should go
short if a close under 423.8 occurs.
July Copper
Support should
appear near 14210 to 14150 and 13830 to 13770
Resistance should appear near 14530 to
14590 and 14840 to 14960.
July Silver
Support should appear near 717 to
714.5 and 683.5 to 680.5
Resistance is at 732.5 to 734.5 and the 741.5
to 742.5 region
The Exciting
Energies
May Crude Oil
Resistance should appear near 5129 to 5137 and
5200 to 5210
Support
should appear near 4995 to 4973 and 4926 to 4915
May
Unleaded Gas
Resistance
should appear near 15290 to 15350 and 15690 to 15760 .
Support should appear near 14590 to
14530 and 13830 to 13770
May Heating Oil
Resistance should appear near 14840
to 14960
Support should
appear near 14210 to 14150
The Lively Livestock
June Cattle
Recommended open Position Short
8350
Support should appear near 8407 to 8392 and 8317 to
8302
Resistance is at 8482 to 8497 and 8560 to 8592
BW Traders should go
short if a close under 8297 occurs
June
Hogs
Recommended open position
Short 2 at 7702
Spread : Short 2
June Hogs 7800 / 2 Long August Hogs 365 avg
spread
Support is at 7692 to 7672 and the 7602 to 7587
region
Resistance should appear near 7762 to 7777 and 7837 to
7867.
July Pork
Bellies
Recommended open position short at 9485
Resistance
should appear near 8937 to 8967
and 9042 to 9062.
Support should appear near 8872 to 8857 and 8777 to
8762
The Grande’ Grains
July Soybeans
Support is at 627 to 625 3/4 and 619 to 616
1./2
Resistance should appear near 633 3/4 to 635 and 648 1/4 to 650 3/4.
July
Soymeal
Support should appear near 186.5 to 185.8 and 182.2 to 180.8
region..
Resistance should appear near 190.2 to 190.9 and 203.4 to
204.2
BW
Traders should go short if a close under 185.7
occurs
July Soybean Oil
Resistance should appear
near 2315 to 2322 and the 2354 to 2370 region .
Support should appear
near 2275 to 2267 and 2226 to 2219.
July Corn
Support should
appear near 213 1/2 to 212 3/4 and 208 3/4 to
208.
Resistance is at 217 to 218 1/2 and 221 3/4 to 222 3/4
July CBOT
Wheat
Resistance
should appear near 326 1/4 to 327 and 331 3/4 to 332 3/4 .
.BW
Traders can sell at 331 1/4 and risk a close over 339 1/4 for three days in a row
Support should appear
near 319 1/2 then 315 3/4 to 314 3/4 .and 310 1/4 to 309 1/4
BW Traders should go short if a close
under 318 3/4
occurs.
The Satisfying Softs
July 'The
Monster' Coffee
Support should appear near 11690 to
11640 then 11360 to 11300 and 11010 to 10960 .
BW Traders can buy at
11370 and risk a close under 11130
for three days in a row
Resistance should appear near 11920 to
12030 and the 12320 to 12380 region.
BW Traders should go long if a
close over 12035 occurs.
Sept ‘ The
Monster' Coffee’
Recommended open position Long at 12235
July
Cocoa
Recommended open position short at 1562
Support is
at 1576 to 1569 and the 1535 to 1529 region
Resistance is
at 1609 to 1615 and 1642 to 1655 BW Traders can sell at 1641
and hold for lower prices..
Risk a close over 1693 for three days in a
row.
July Sugar
Support should appear 847 and the 823 to
814 region.
Resistance should appear near 877 to 882 and 907 to
912 BW Traders can sell at 876 and risk a close over
917
for three days in a row.
July Cotton
Recommended
open position long at 5435
Support should appear near 5255 and 5140 to 5125
.
Resistance should appear near 5345 to 5355 and 5490 to
5505
BW Traders should go long if a close over 5510 occurs.
- 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
Wed April 13th, 2005
8:25 PM South Florida Beach Time
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 TRADING ARE 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.
PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. SOURCES ARE BELIEVED TO BE RELIABLE BUT
NO ASSURANCE IS MADE FOR ACCURACY.
ADDITIONAL RISK DISCLOSURE IS AVAILABLE.
FuturesCom Investment Publications © copyright 1996 – 2005 all rights
reserved Terms
BW Recommended Open Positions
Long
June SP500 1180.6
Long June Mini
Nasdaq 1499.50
Long June Mini
Russell 621.50
Short June
Japanese Yen 9315
Short June Swiss Francs 8391
Short June Aussie Dollar
7762
Short June Gold 430.3
Short June Cattle 8350
Short June Hogs
7670
Short 2 June Hogs 7800 / Long 2 August Hogs avg 365 spread
Short July Pork Bellies 9485
Short July Cocoa 1562
Long Sept
Coffee 12235
Long July Cotton 5435