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FuturesCom Investment Publications
Morning Comments Thursday July 14th  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 

Wed July 13th ,  2005
5:20  PM  Eastern time   
Open BW Positions                                                              

                                       The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance
should appear near  the 10580 to 10680.region 
Support
should appear near 10470 and the 10360.00 to 10320.00 region  . 

Sept SP500
Resistance should appear near  1232.00 to 1238.00
Support should appear near 1217.50 and 1203.00 to 1192.00.. 

Nasdaq Composite
Support
remains near 2134 to 2126
Resistance should appear near 2170 to 2185

Sept Mini Nasdaq 100
Resistance should appear near 1569.00 to 1576.00 .
Support is at 1535.00 to 1529.00 

Sept Mini Russell 2000
Support
is at 667.30 to 665.90 and the 659.10 to 657.70 region    
Resistance should appear near 674.3 to 675.50 and the 680.9 to 683.6 region 

Sept 10 Year T-Note  
Resistance should appear near 112-07 and 112-22 
Support  at 111-22 and 111-07

Sept 30 Yr   T-Bond  
Resistance
should appear near 116-22 and 117-07.
Support  
is  at 116-07 and 115-22  

                                                                                 The Frenzied Forex Front


Sept  Yen
Resistance
should appear near the 9044 to 9060 region and the 9140 to 9156 region 
BW. Traders can sell at 9140 and risk a close over 9167 for three days in a row .  .
Support
should appear near 8964 to 8934.. Below that a test of 8777 to 8762 is likely. 

Sept Euro Currency (EC)
Support should appear at 12030 to 11920
Resistance should appear near 12175 and 12247   

Sept Swiss Franc
Resistance
should appear near 7807 and 7836 to 7864  Beyond that sellers should appear near 7939 to 7954 
BW Traders can sell at 7943 and risk a close over 8067 for three days in a row, 

Support
should appear near 7777 to 7762 and the 7689 to 7676 region 

Sept British Pound
Support
should appear near 17560 and 17310 and 17140
Resistance
should appear near 17740 to 17800.and 17940

Sept  Canadian Dollar
S
upport should appear near 8223 to 8194 
Resistance
is at  8314 and 8391 to 8408 

Sept Aussie Dollar
Resistance
should appear near 7486 to 7513 and the 7587 to 7601 region 
BW Traders can sell at 7586 and risk a close over 7692 for three days in a row.
 
Support should appear near 7428 to 7414 and the 7342 to 7328 region     

                                                  Precious Metals
August Gold
Recommended open position short at 423.6
Resistance
should appear at 430.4 to 431.5 and the 437 to 438.1 region.  
BW  Traders can sell at 430.3 and risk  a close over  438.9 for three days in a row. 
Support is at  423.8 and the  418.3 to 416.3 region. 

S
ept Copper
Support
should appear near 15350 to 15290 and 14960 to 14840.
Resistance should appear near 15690 to 15760 and 16090 to 16150

Sept Silver 
Support
should appear near 700.5 to 699.0 and 683.5 to 680.5
Resistance should appear near  714.5 to 717.0 and 732.5 to 734.5 

 The Exciting Energies

August Crude Oil
Resistance
should appear near  6023 to 6035 and 6101 to 6113 
Support
should appear near 5957 to 5945 then 5880 to 5855 and 5805 to 5782

August Unleaded Gas 
Re
sistance should appear near 17740 to17800 and 18080 to 18220  
Support
should appear near 16960 to 16890 and 16550 to 16420

August Heating Oil
Re
sistance should appear near  17310 to 17380 and 17740 to 17800 
Support
should appear near 16960 to 16890 and the 16550 to 16420 region 


The Lively Livestock 
 

August  Cattle
Support should appear near 7867 to  7837 and
7777 to 7762  
Resistance
is at 7937 to 7957 and  the 8027 to 8047 region.

August Hogs
Recommended open position short at 6902 
Support
is at 6672 to 6657 and 6592 to 6577 .  
Resistance
is at 6742 to 6757 and 6807 to 6837     

October Hogs
Recommended open position short at 5480
Support
is 5807 to 5792  region . Below that a test of 5732 to 5717 is likely. 
Resistance is at 5852 to 5882 and 5942 to 5957..  Above that sellers should appear near 6022 . .
BW Traders should go short if a close under 5787 occurs

August Pork Bellies
Resistance
should appear near 6657 to 6672 
Support is at 6432 to 6417  
 
                                                                                              The Grande’ Grains

August  Soybeans
Suppor
t is at 708 3/4 to 707 1/2 and 700 1/4 to 699 
Resistance should appear near
714 1/2 to 717 and 724 1/4 to 725 1/2 

November Soybeans
Support is at 717 to 714 1/2 and 708 3/4 to 707 1/2
Resistance
should appear near  725 1/2 and 741 1/2 to 742 3/4  

Dec Soymeal
Support
should appear near  222.6 to 221.9 and the 218.5 to 217.0 region. 
Resistance should appear near 226.7 to 227.5 and the 231.5 to 232.2 region. 

Dec  Soybean Oil

Resistance should appear near 2612 to 2620 and 2663 to 2672
Support should appear near 2568 to 2558 and 2519 to 2511 

Sept Corn
Recommended open position short at 235 1/4
Support should appear near 241 3/4 to 241 1/4 and 232 to 2311/2 
Resistance is at 246 1/4 to 246 3/4 and 251 1/4 to 251 3/4 

Sept Wheat
Resistance should appear near 342 1/2 to 344 1/4 and 349 1/.4 to 350 1/4   
Support should appear near 338 3/4 to 337 3/4 and 332 3/4 to 331 3/4. 


                   
                                                         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 1383 to 1377 
Resistance is at  1415 to 1421 .

Oct Sugar
Support
should appear near 941 to 932 
Resistance should appear near  968 to 972.. BW Traders can sell at 967 and Hold for lower prices..

Dec Cotton
S
upport should appear near 5070 to 5065 and 4995 to 4970  
Resistance
should appear near 5255 to 5280  and 5345 to 5355 

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  

Wed July 13th, 2005

6:20  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 7-13-2005
Short August Gold 423.6
Short August Hog 6902 
Short Oct Hogs 5480
Short Sept Corn 235 1/4