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FuturesCom Investment Publications
Morning Comments Thursday August 18th, 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 16th,  2005
5:00  PM  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 2 at  1238.70 avg
Support
should appear near   1217.50 and 1203.00 to 1192.00
Resistance should appear near 1232.00  to 1238.00 

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

Sept Mini Nasdaq 100
Recommended Open Position Long at 1577 
Resistance
should appear near 1609.00 to 1615.00
Support is at 1576.00  to 1569.00   

Sept Mini Russell 2000
Recommended Open Position Long at 675.6
Support
is at 650.9 to 648.30..  
Resistance should appear near 657.70 to 659.10 

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

Sept 30 Yr   T-Bond 
Resistance
should appear near 115-22.and 116-07
Support  is  at  115-07 and 114-22..

                                                         The Frenzied Forex Front

Sept  Yen
Resistance
should appear near 9140 to 9156 and 9237
Support should appear near 9060 to 9044  

Trade accordingly .

Sept Euro Currency (EC)
Support
should appear at 12175.and 12030 
Resistance
should appear near 12320 to 12380

Sept Swiss Franc
Recommended open Position Short at 7990 
Resistance
should appear near 7954 and 8029 to 8044.
Support should appear near 7864 to 7836 region

Sept British Pound
Support
should appear near 17800 to 17740
Resistance
should appear near 18080 and 18150 to 18220

Sept  Canadian Dollar
S
upport should appear near 8223 to 8194
Resistance is at 8300 to 8314

Sept Aussie Dollar
Resistance
should appear near 7587 to 7601 
Support should appear near 7513 to 7486 

 

                                                 Precious Metals
Dec Gold
Recommended open Position Short 2 at 435.8
Resistance
should appear at  450.4 to 451.4   
Support is at  444.6 to 442.5  and 438.1 to 437.0

Dec Copper
Support
should appear near 15760 to 15690.  
Resistance
should appear near 16090 to 16150.  

Dec Silver 
Support
should appear near 692 to 690.5  
Resistance is at the 707.5 to 708.5   ..

The Exciting Energies

Oct Crude Oil
Resistance
should appear near 6417 to 6430
Support
should appear near the  6270 to 6257

Oct Unleaded Gas 
Re
sistance should appear near 18080 to 18220 and 18580 to 18650 
Support
should appear near 17800 to 17740 and the 17380 to 17310 region 

Oct Heating Oil
Re
sistance should appear near 18220 and 18580 to 18650   
Support should appear near  17800 to 17740 and 17380 to 17310 


The Lively Livestock 
 

October  Cattle
Support
should appear near 7957 to 7932 and the 7867 to 7837 
Resistance is at 8047 and the 8117  to 8137 region.. BW Traders can sell at 
8117 for a turn lower and risk a close over 8232 for three days in a row,

BW Traders should go short if a close under 7927 occurs.

October Hogs
Recommended open positions  Short at 5942  
Support is 6037 to 6022 and  5957 to 5942  
Resistance is at 6102 to 6112 and the 6162  to 6192 region.  

Stay tuned  for Flashes and Updates  

Recommended open Spread :  Short Oct  / long Dec at 140

February Pork Bellies
Resistance
should appear near 8562 to 8587 and 86676 to 8682 .
Support  is at 8502 to 8482 and 8407 to 8392   
                                  

                                           The Grande’ Grains

November Soybeans
Resistance
at 625 3/4 to 627 and 633 3/4 to 635  
Support
should appear near 619 to 616 1/2  and the 603 1/2 to 602 1/4 region.

Dec Soymeal
Recommended open position Short at 193.4 
Support should appear near 190.9 to 190.2 and 186.5 to 185.8.
Resistance should appear near 194.6 to 195.3 and 198.2 to 199.6.

Dec  Soybean Oil
Resistance should appear near 2315 to 2322 and 2354 to 2370
S
upport
should appear near  2275 to 2267 and 2226 to 2219  .

Dec Corn
Resistance should appear near 226 3/4 to 227 1/2 and 231 1/2 to 232 1/4  . 

Support
is at  222 3/4 to 221 3/4 and the  218 ½ to 217 region .   

Dec Wheat
Recommended Open position Short at 331 
Resistance should appear near 331 3/4 to 332 3/4 and 337 3/4 to 338 3/4 .
Support
should appear near 327 to 326 1/4  and  321 1/4 to 319 1/2 .

                                                       The Satisfying Softs  

Dec 'The Monster' Coffee
Support  
should appear near 10040 to 10025 then 9935 to 9920 and the  9735 to 9705 region. 
BW
Traders Who sleep on a bed of Nails can buy at 9735 and hold for higher prices..
Resistance should appear near 10320.00  to 10360.00 and 10470.00 
Well Heeled BW traders should go long if a close over 11020  occurs

Dec Cocoa
Support
is at 1346 to 1334 and the 1310 to 1304 region... which should contain a decline. .
BW Traders can buy at 1346 for a bounce and risk a close under 1264 for three days in a row.
Resistance is at 1377 to 1383 and  1415 to 1421


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

Dec Cotton
Recommended open position Short at 4795 
Support should appear near  4855 to 4845 and 4725 to 4695. 
Resistance should appear near 4915 to 4925 and 4970 to 4995.   ..

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 17th , 2005
6:35 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.
FuturesCom Investment Publications © copyright 1996 – 2005 all rights reserved Terms

BW Recommended Open Positions 8-16-2005
Long Sept 2 SP500 1238.70 avg
Long Sept Mini Nasdaq 1577 
Long Sept Mini Russell 675.6
Short 2 Dec  Gold 435.8
Short Sept Swiss Francs 7990
Short Oct Hogs 5942
Spread Short Oct / Long Dec Hogs 140 
Short Dec Soymeal 193.4
Short Dec Wheat 331
Short Dec Cotton 4795