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FuturesCom Investment Publications
Morning Comments  Tuesday June 28th  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 

Monday  June 27th ,  2005
6:00  PM  Eastern time   
Open BW Positions

                                                                 The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance
should appear near 10320 to 10360 .
Support
should appear near 10257 then 10185a and the  10136 to 10104 region

Sept SP500
Recommended Open Position 1217.50 
Resistance should appear near 1197.50 and 1203 
Support
should appear near 1192.00  and 1180.50

Nasdaq Composite
Support
remains near 2042 to 2034  
Resistance should appear near 2080 to 2089 

Sept Mini Nasdaq 100
Recommended Open position long at 1535
Resistance should appear near 1529 to 1535 .
Support is at 1496 to 1484. 

Sept Mini Russell 2000
Recommended open position Long at 627.1
Support is at 619.00 to 616.50
Resistance should appear near 633.7 to 635

Sept 10 Year T-Note  
Resistance should appear near 114-07 and 114-22
Support  at 113-22 and 113-07. 

Sept 30 Yr  T-Bond 
Resistance
should appear near  119-22 and 120-07
Support  at  118-22 and 118-07

 

                                  The Frenzied Forex Front

Sept  Yen
Recommended Open Position Short at  9316
Resistance should appear near  9316 to 9347 
Support
should appear near 9156 to 9140 

Sept Euro Currency (EC)
Support
should appear at 12175 and 12105
Resistance
should appear near 12247.. Beyond that sellers should appear near 12320 to 12380.. 
 BW  Traders can sell at 12349 and hold for lower prices., initially plan on risking a close over 12392 for three days in a row. …

Sept Swiss Franc
Resistance
should appear near 7939 to 7954 and 8029 to 8044
Support should appear near 7864 to 7836 and  the 7777 to 7763 region.  

Sept British Pound
Support
should appear near 18220 to 18150 and 18080
Resistance
should appear near 18310 and 18400 
BW Traders should go short if a close under 18077 occurs

Sept  Canadian Dollar
S
upport should appear near 8134 to 8119. 
Resistance
is at 8194 to 8223

Sept Aussie Dollar
Recommended open position short at 7635
Resistance should appear near  7675 to 7689 and 7762 to 7777
Support
should appear near 7601 to 7587 and 7513 to 7486 
   
                                                               
Precious Metals  

August Gold
Recommended open position Short at 436.9  
Resistance
should appear at  442.5 to 444.6 
Support is at the 438.1 to 437. 

Sept Copper
Support
should appear near 15350 to 15290. Below that, a trade towards the14960 to 14840 region is likely
Resistance should appear near 15690 to 15760 and  the 16090 to 16150  region

Sept Silver 
Support
should appear near 725.5 to 724.0 and  the 717.0 to 714.5 region .
Resistance is at 741.5 to 742.5 and  748.5 to 751.5


The Exciting Energies

August Crude Oil
Resistance
should appear near  6101 to 6113 and 6165 to 6190 
Support
should appear near 6035 to 6023 and 5957 to 5945  

August Unleaded Gas 
Re
sistance should appear near 16890 to 16960 .. Beyond that sellers should appear near and  17310 to 17380 region.  
BW 
Traders who have Ice Water in their Veins can sell at 17290 and risk a close over 17530 for three days in a row.
Support
should appear near 16550 to 16490 and 16150 to 16090. 

August Heating Oil
Re
sistance should appear near 16960 and 17740 to 17800
Support
should appear near  16150 to 16090 and 15760 to 15690 

                                               The Lively Livestock  

August  Cattle
Support
should appear near 8047 to 8027 and 7957 to 7937 
Resistance is at near 8117 to 8137 region ... Beyond that sellers should appear near 8192 to 8222 and the 8297 to 8317 
BW Traders can sell at 8297 and risk a close over 8497 for three days in a row

BW Traders should go short if a close under 7932 occurs.

July Hogs
Recommended open position short at 6570
Support is a 6592 to 6577 and 6512 to 6482 
Resistance is
at  6657 to 6672 and 6742 to 6757..  BW Traders can sell at 6742 for a turn lower and risk a close over 
6842 for three days in a row..  

August Hogs 
Support is at 6432 to 6417 and the 6352 to 6337 region. 
Resistance is
at 6657 to 6672 and the 6742 to 6757 region.. 
BW  Traders can sell at 6657 for a turn lower and risk a close over 6772 for three days in a row,…

October Hogs
Recommended open position short at 5480
Support is  5577 to 5552 and 5507 to 5492
Resistance is at 5642 to 5652 and 5717 to 5732  

July Pork Bellies
Support
should appear near 5957 to 5942 then 5882 to 5857and the 6805 to 5792 region . 
Resistance
should appear near 6037 and 6102 to 6112 Beyond that sellers should appear near  6257 to 6272 

Aug Pork Bellies
Support
should appear near 5957 to 5942 and 5882 to 5857. 
Resistance
should appear near 6037 then 6102 to 6112 and 6162 to 6192
Trade accordingly and stay tuned for flashes and updates

 

                                    The Grande’ Grains
August  Soybeans
Support
is at  675 1/2 to 674 3/4 and 667 1/4 to 665 3/4
Resistance should appear near 714 1/4 to 717 and 724 1/4 to 725 1/2 .  

November Soybeans
Support
is at 700 1/4 to 699 and 683 3/4 to 680 3/4 
Resistance should appear near  717 and 724 1/4 to 725 1/2 , Beyond that sellers should appear near 732 3/4 to 734 1/4  

Dec Soymeal
Support
should appear near  218.5 to 217.0 and 213.4 to 212.6 
Resistance should appear near  226.7 to 227.5 and 231.5 to 232.3

Dec  Soybean Oil

Resistance
should appear near 2511 to 2519 and 2558 to 2568 
Support
should appear near 2469 to 2461 and 2419 to 2411

Sept Corn
Support
should appear near 227 1/2 to 226 3/4 then 222 3/4 to 221 3/4 and 218 1/2 to 217 
Resistance is at 2311/2 to 232 1/4 then 235 1/2 to 237 and 241 1/4 to 241 3/4   

Sept Wheat
Resistance
should appear near 342 1/2 to 344 1/4 and the 349 1/4 to 350 1/4 region ..
 Beyond that sellers should appear near 355 1/4 to 356 1/4 
Support should appear near 338 3/4 to 337 3/4 and the 332 3/4 to 331 3/4 region.. 
Below that test of 327 to 326 1/2 is likely 

BW Traders should go short if a close under 331 1/2 occurs

                                                       The Satisfying Softs  
Sept 'The Monster' Coffee
Support 
should appear near 10360 to 10320 and 10050 to 10000
Resistance
should appear near 10580 to 10680 and 10960 to 11010 

Sept Cocoa
Support
is at 15356 to 1529 and 1496 to 1484.. 
Resistance is at 1569 to 1576 and 1609 to 1615..

Oct Sugar
Support
should appear near 922 and the 912 to 907 region 
Resistance should appear near 941 and the 968 to 972. region 

Dec Cotton
S
upport should appear near  5430 to 5415 and the 5355 to 5345 region 
Resistance should appear near 5555 to 5575 and the 5635 to 5645 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  
Monday June 27th, 2005
7:35  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.

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BW Recommended Open Positions 
6-27-2005

Long Sept  SP500  1217.50 
Long Sept Mini Nasdaq  1536 
Long Sept Mini Russell   627.10 
Short Sept Yen 9316
Short Sept Aussie Dollar 7635
Short August Gold 436.90
Short July Hogs 6570
Short Oct Hogs 5480