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FuturesCom Investment Publications
Morning Comments Monday June 13th,  2005
 Serving Professional and Individual Traders World Wide since 1988
1650 SW Malmo Rd , Port St. Lucie ,  Florida 34953 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 772-621-4234  http://www.futurescom.com 

Sunday  June 12th ,  2005
1:00  AM  Eastern time   
Open BW Positions

                                      The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance should appear near 10580 to 10680.
Support should appear near 10470 and 10360 to 10320.

Sept SP500
Recommended Open position Long 1203.6
Resistance should appear near 1217.50 and 1232.00 to 1238.00
Support should appear near 1203.00 and 1197.50 to 1192.00.

Nasdaq Composite
Support remains near 2042.00 to 2034.00  
Resistance should appear near 2080.00 to 2089.00

Sept Mini Nasdaq 100
Resistance should appear near 1569.00  to 1576.00
Support is at 1535.00 to 1529.00..Below that buyers should appear near the 1496.00 to 1484.00 region. 
Traders can buy at 1497.00 and risk a close under 1451.00 for three days in a row.  

Sept Mini Russell 2000
Support is at 627.00 to 625.70 and 619.00 to 616.50.
Resistance should appear near 633.70  to 635.00 and 641.70 to 643.00
BW Traders should go long if a close over 635.70 occurs

Sept 10 Year T-Note  
Resistance should appear near 113-07 and 113-22 
Support  at 112-22 and 112-07 

Sept 30 Yr  T-Bond 
Resistance should appear near 117-22 and 118-07 , beyond that sellers should appear near 118-22
Support  at  117-07 and 116-22, under that buyers should appear near 116-07 

                             The Frenzied Forex Front

Sept  Yen
Recommended open Position Short at 9297
Resistance should appear near 9316 to 9347 and 9429 to 9445.  
Support should appear near 9237 and the 9156 to 9140 region. 

Sept Euro Currency (EC)
Recommended open position Short at 12162
Support should appear at 12030 to 11920  
Resistance should appear near 12175 and 12247 

Sept Swiss Franc
Resistance should appear near 8029 to 8044 and 8119 to 8134
BW Traders can sell at 8117 and risk a close over 8232 for three days in a row
Support should appear near 7939 and 7864 to 7836

Sept British Pound
Support should appear near  17940 and 17800 to 17760 
Resistance should appear near 18080 to 18150 to 18220 
BW Traders should go short if a close under 17932 occurs

Sept  Canadian Dollar
Support should appear near 7954 to 7939 and  the 7864 to 7836 region 
Resistance is at 8029 to 8044 and the 8119 to 8134

Sept Aussie Dollar
Resistance should appear near 7587 to 7601 and 7675 to 7689. 
 BW Traders can sell at 7675 and risk a close over 7696 for three days in a row .
Support should appear near  7513 to 7486 and 7428 to 7413 
BW Traders should go short if a close under 7482 occurs

                                                         Precious Metals
August Gold  
Resistance should appear at 430.4 to 431.5 and the 437.0 to 438.1 region.
BW Traders can sell at 436.9 and risk a close over 444.9 for three days in a row.
Support is at   424.90 to  423.8  and the  418.3 to 416.4 region.  
BW Traders should go short if a close under 416.2 occurs.

July Copper
Support 15350 to 15290 and 14960 to 14840
Resistance should appear near 15690 to 15760 and the 16090 to 16150  region

July Silver 
Support should appear near 717 to 714.5 and 708.5 to 707.5
Resistance is at 732.5 to 734.5 and 741.5 to 742.5              

                             The Exciting Energies

July Crude Oil
Resistance should appear near  5418 to 5430 and 5492 to 5504 . 
Support should appear near 5283 to 5259  and the 5211 to 5200 region 

July Unleaded Gas 
Resistance should appear near 15690 to 15760 and 16090 to 16150.. 
Support should appear near 15350 to 15290 and 14960 to 14840

July Heating Oil
Resistance should appear near 16090 to 16150 and 16420 to 16550. 
Support should appear near 15760 to 15690 and 15350 to 15290

                                                       The Lively Livestock  

August  Cattle
Support should appear near 8192 and the 8137 to 8122 region. .Below that buyers should appear 
near the8047 to 8027 region 
Resistance is at near 8302 to 8317, beyond that sellers should appear near the 8392 to 8407 region   

July Hogs
Support is at 6807 then 6757 to 6742 and the 6672 to 6657 region. 
Resistance is at 6907 to 6922 and 6992 to 7002
 
October Hogs
Support is at 5882 to 5857 then 5807 to 5792    
Resistance is at 5947 to 5957 and  6022 to 6037.. Beyond that sellers should appear near 
the 6102 to 6112 region. BW Traders can sell at 6102 and risk a close over 6212 for three days in a row. .  

July Pork Bellies
Recommended open position short at 6922
Resistance should appear near 6992 to 7002 and the 7072 to 7087  region. 
Support is at 6922 to 6907 then 6837 to 6807 and the 6757 to 6742 region. . 

August Pork Bellies
Recommended open position Short at 6987
Resistance should appear near 6807 to 6837 and 6907 to 6922 
Support is at 6592 to 6577 and the 6512 to 6482 region.   

                                    The Grande’ Grains
July Soybeans
Recommended open position , short 667 1/4
Support is at 665 3/4 and 659 1/4 to 657 3/4.. Below that a trade towards 650 3/4 to 648 1/4 is likely  
Resistance should appear near 674 1/4 to 675 1/2 and the 680 3/4 to 683 3/4 region.. 

July Soymeal
Recommended Open Position Short at 212.4
Support should appear near 208.9 to 208.0.and the 204.2 to 203.4 
Resistance should appear near 212.6 to 213.4 and 217.0 to 218.5. 

July Soybean Oil
Resistance should appear near 2315 to  2322  and 2354 to 2370 .
Support should appear near 2267 and 2226 to 2219. 

July Corn
Support should appear near 208 3/4 to 208 and the 204 1/4 to 203 1/2 
Resistance is at 212 3.4 to 213 1/2 and 217 to 218 1/2 

July CBOT Wheat
Resistance should appear near 314 3/4 to 315 3/4 and 319 1/2 to 321 1/4 
Support should appear near 310 1/4 to 309 1/4 and 303 3/4 to 304 1/2. 

                                                         The Satisfying Softs  

July 'The Monster' Coffee
Support  should appear near 11010 to 10960 and the 10680 to 10580 region 
Resistance should appear near 11360 and 11640 to 11690   

Sept 'The Monster' Coffee
Recommended open position long at 12505
Support  should appear near 11360 to 11300 and 11010 to 10960 
Resistance should appear near 11690 and 11920 to 12030 ...

Sept Cocoa
Support is at  1421 to 1415
Resistance is at 1453 to 1459

Oct Sugar
Support should appear near 882 to 877 .  
Resistance should appear near 907 to 912.  

July Cotton
Support should appear near 4650 to 4635 and 4585 to 4570 ..
Resistance should appear near 4715 and the 4775 to 4795 region 

- 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  
Sunday  June 12th , 2005
2:00  AM 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  6-9-2005
Long Sept SP500 1203.6
Short Sept Yen 9297
Short Sept EC 12162
Short July Pork Bellies 6922
Short August Pork Bellies 6987
Short July Soybeans 667 1/4
Short July Soymeal 212.4
Long Sept  Coffee 12505