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  Friday April  22nd,  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 


Thursday April 21st,  2005
4:00  PM  Eastern time   

Open BW Positions   


                                       The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance is near 10320 to 10360 
Support should appear near 10185 and 10136 to 10104

June SP500
 Recommended Open position Long at 1180.6
Resistance should appear near 1164.00 to 1169.00
Support should appear near 1136.00 to 1130.00

Nasdaq Composite
Support should appear near 1953 to 1946 
Resistance should appear near  1982 to 1996  

June Mini Nasdaq 100  
 Resistance should appear near 1453 to 1459
Support is at 1437 and 1421 to 1415 

June Mini Russell 2000
 Support is at  595.7 to 594.5 and 588 to 585.5 
Resistance is at 602.3 to 603.5 and 610.1 to 611.3

June 10 Year T-Note  
Resistance should appear near 111-07 and 111-22
Support  at  110-22  and 110-07

                              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)
Recommended open position short at 12844
Support should appear at 13040 then 12965 and 12890  
Resistance should appear near 13100 then 13165 and 13220

June Swiss Franc
Recommended open position short at 8277
Resistance should appear near 8484 to 8499 and 8560 to 8589 
Support should appear near 8406 to 8391 and 8314 to 8300

June British Pound
Support should appear near 19020 and 18836.
Resistance should appear near 19090 and 19270 

June Canadian Dollar
Support should appear near 8044 to 8029 
Resistance is at 8119 to 8134  

June Aussie Dollar
Resistance should appear near 7763 to 7777.  
 Support should appear at 7689 to 7675     


Precious Metals

June Gold  
Resistance should appear at 437 to 438.1 and 442.5 to 444.6 
Support is at 431.5 to 430.4 and 434.9 to 423.8

July Copper
Support should appear near 14590 to 14530 and 14210 to 14150
Resistance should appear near 14840 to 14960 and 15290 to 15350 

July Silver 
Support should appear near  717.5 to 714 and 700.5 to 699.0 
Resistance is at 732.5 to 734.5 and 741.5 to 742.5
                                                   
                                          The Exciting Energies

June Crude Oil
Resistance should appear near 5492 to 5504 
Support should appear near 5356 to 5344    

June Unleaded Gas 
Resistance should appear near 16420 to 16550 and 16890 to 16960
Support should appear near 16150 to 16090 and 15760 to 15690  

June Heating Oil
Resistance should appear near 15690 to 15760 and 16090 to 16150
Support should appear near 15350 to 15290 and 14960 to 14840

The Lively Livestock  

June Cattle
Recommended open Position Short 8350
Support should appear near 8502 to 8482 and 8407 to 8392 
Resistance is at 8560 to 8592 and the 8762 to 8777 region 

June Hogs
Recommended open position Short  2 at 7702 avg
Spread : Short 2  June Hogs 7800 /  2  Long August Hogs  365 avg spread 
Support is at 7692 to 7672 and 7602 to 7587
Resistance should appear near 7762 to 7777 and 7837 to 7867. 
BW Traders can sell at 7932  and risk a close over 8067 for three days in row. 

July Pork Bellies
 Resistance should appear near 8487 to 8502 then 8562 to 8592 and 8667 to 8682  
Support  should appear near 8407 to 8392 and the 8317 to 8302 region 

                                The Grande’ Grains
July Soybeans
Support is at 643 to 641 3/4 and the 635 to 633 1/2 region.   
Resistance should appear near 648.5 to 650 3/4 the 657 3/4 to 659 1/2 region.  

July Soymeal
Support should appear near 195.3 to 194.6 and 190.9 to 190.2 
Resistance should appear near 203.4 to 204.2 and 212.6 to 213.4 . BW Traders can sell at 212.4 and risk a close over 222.9 for three days in a row.   BW  Traders should go short if a close under 185.7 occurs
 
July Soybean Oil
Resistance should appear near 2322 and 2354 to 2370
Support should appear near 2275 to 2267 and 2226 to 2219

July Corn
Support should appear near 213 1/2 to 212 3/4.
Resistance is at 221 3/4 to 222 3/4

July CBOT Wheat
Recommended open position short July Wheat 318
Resistance should appear near  321 1./4 and 326 1/4  to 327..
Support should appear near 315 3/4 to 314 3/4 and 304 1/2 to 303 3/4 

 The Satisfying Softs  

July 'The Monster' Coffee
Recommended open position Long at 12150
Support  should appear near 12030 to 11920 and 11690 to 11640
Resistance should appear near 12320 to 12380 and 12680 to 12740   

July Cocoa 
Recommended open position short at 1562
Support is at 1535 to 1529 and 1496 to 1484
Resistance is at 1569 to 1576 and 1609 to 1615 

July Sugar
Support should appear 823 to 814 and 795 to 791
Resistance should appear near 847 to 852 and 877 to 882. BW Traders can sell 
at 876 and risk a close over 912 for three days in a row. 

July Cotton
Support should appear near 5355 to 5345 and 5285 to 5255 .
Resistance should appear near 5490 to 5505 and 5555 to 5575
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  
Thursday April 21st, 2005
5:15 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
Short June EC 12844
Short June Japanese Yen 9315
Short June Swiss Francs 8277
Short June Cattle 8350
Short 2 June Hogs 7702 avg
Short  2 June Hogs 7800 / Long 2  August Hogs avg 365 spread
Short July Wheat 318
Short July Cocoa 1562
Long  July Coffee 121.50