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FuturesCom Investment Publications
Morning Comments Thursday August 11th, 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 August 10th,  2005
3:30  PM  Eastern time   
Open BW Positions                         

                                                                        

                                            The Sensational Stock and Bond Markets  


Dow Jones Industrial Average
Resistance
should appear near 10630 to 10680
Support
should appear near 10580 then 10525 and 10470 

Sept SP500
Recommended open position Long 1239.70
Support
should appear near 1217.50 and the 1203.00 to 1192.00 region
BW Traders can buy at 1217.60 for a good bounce and hold for higher prices  


Resistance
should appear near 1235.00 to 1238.00  and 1253.00
Aggressive BW Traders should go long if a close over 1253.10 occurs  


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

Sept Mini Nasdaq 100
Resistance
should appear near the 1609 to 1615 
Support is at 1576 to 1569  BW Traders can buy at 1577 and hold for higher prices., risk close 
under 1527 for three days in a row,   


Sept Mini Russell 2000
Recommended Open Position Long 675.60
Support
is at 659.10 to 657.70 and 650.90 to 648.30 . 
Resistance should appear near 665.90 to 667.30 and 674.30 to 675.50..

Sept 10 Year T-Note  
Resistance should appear near 110-07 and 110-22 
Support  at 109-22 and 109-12

Sept 30 Yr   T-Bond 
Resistance
should appear near 114-07 and 114-22.
Support  is  at  113-21 and 113-07


                                                                       
  The Frenzied Forex Front

 

Sept  Yen
Resistance
should appear near 9140 to 9156 .
Support should appear near  9060 to 9044

Sept Euro Currency (EC)
Support should appear at 12380 to 12350 and 12320  
Resistance
should appear near 12455 and 12530

Sept Swiss Franc
Resistance
should appear near 8029 to 8044
Support
should appear near  7954 to 7939 

Sept British Pound
Recommended open position Short at 17740
Support should appear near 17800 to 17740 and 17560
Resistance
should appear near 17940 and 18080 to 18220

Sept  Canadian Dollar
Resistance should appear near 8300 to 8314 and the 8391 to 8406 region.  
BW
Traders can sell at  8300 and risk a close over 8319 for three days in a row.
Support should appear near 8223 to 8194 and 8134 to 8119
 
Sept Aussie Dollar
Resistance
should appear near the  7675 to 7689 region 
Support should appear near 7601 to 7587  
 


                                                 
Precious Metals
Dec Gold
Recommended open position short 2 at 435.8
Resistance
should appear at  442.50 to 444.6 and 450.3 to 451.4
Support is at  438.1 to 437.0 and 431.5 to 430.4 

Sept Copper
Support
should appear near  16150 to 16090
Resistance
should appear near 16420 to 16550  

Sept Silver 
Support
should appear near  709 to 707.5 and 683.5 to 680.5 
Resistance is at the 714.5 to 717.0 and 724.0 to 725.5

The Exciting Energies

Sept Crude Oil
Resistance
should appear near 6577 to 6591 and 6659 to 6673
Support
should appear near 6430 to 6417 and  6270 to 6257 ..…

Sept Unleaded Gas 
Re
sistance should appear near  19020 to 19090.and 20340 to 20420
Support should appear near 18220 to 18080 and 17380 to 17310

Sept Heating Oil
Re
sistance should appear near 18580 to 18650 and 19020 to 19090  
Support should appear near 18220 to 18080 and  17380 to 17310

Trade Accordingly

   The Lively Livestock  

October  Cattle
Support
should appear near 8047 to 8027 and 7867 to 7837
Resistance is at 8117 to 8137 and 8197 to 8222  .

October Hogs
Recommended open position short 6022
Support
is 5807 to 5792  then 5732 to 5717 and the 5642 to 5637 region     . 
Resistance should appear near 5852 to 5882 and the 5942 to 5957 region 

February Pork Bellies
Resistance
should appear near 8197 to 8222 and 8302 to 8317 
Support  is at 8137 to 8117 and 8047 to 8027  


                                          
The Grande’ Grains

November Soybeans
Resistance
at 657 3/4 to 659 1/4 and the 665 3/4 to 667 1/4 region  . 
Support should appear near 650 3/4 to 648 3/4 and the 635 to 633 3/4 region 

Dec Soymeal
Support should appear near 204.2 to 203.4  and the 199.6 to 198.2 region 
Resistance should appear near 208.0 to 208.9  and the 217 to 218.5 region 
Trade Accordingly

Dec  Soybean Oil
Resistance
should appear near  2315 to 2322 and 2354 to 2370
Support should appear near the 2275 to 2267 and 2267 to 2219

Dec Corn
Resistance should appear near 237 and 241 1/4 to 241 3/4 
Support is at 232 1/4 to 231 1/2 and 227 1/2 to 226 3/4 

Dec Wheat
Resistance should appear near 337 3/4 to 338 3/4 and 342 1/2 to 344 1/4  
Support should appear near 332 3/4 to 331 3/4 and 327 to 326 1/4


                                                            
 
The Satisfying Softs  

Sept 'The Monster' Coffee
Support 
should appear near 10360 to 10320 and 10135 to 10105
Resistance should appear near 10580 to 10680 and the 10960 to 11010 region 

Sept Cocoa
Support
is at 1383 to 1377 and 1310 to 1304 
BW Traders can buy at 1311 and risk a close under 1264 for three days in a row
Resistance is at  1415 to 1421 and 1453 to 1459 .

Oct Sugar
Support
should appear near 972 to 968 
Resistance should appear near 1000 to 1005  

Dec Cotton
Recommended Open Position Short at 5170
S
upport should appear near 4995 to 4970 and the 4930 to 4915 region  
Resistance
should appear near 5055 to 5070 and the 5125 to 5140 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  

Wed August 10th , 2005

4:55  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 8-10-2005
Long Sept SP500 1239.70
Long Sept Mini Russell 675.6
Short Sept British Pounds 17740 
Short 2 Dec  Gold 435.8

Short Oct Hogs 6022
Short Dec Cotton 5170