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FuturesCom Investment Publications
Morning Comments Monday August 22nd, 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 


Saturday  August 20,  2005
10:00 PM  Eastern time   
Open BW Positions                         

" We can easily forgive a child who is afraid of the dark.
The real tragedy of life is when men are afraid of the light "
- Plato -

                                                                  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.and 643 to 641.7   
Resistance should appear near 657.70 to 659.10 and 665.90 to 667.30 

Sept 10 Year T-Note  
Resistance should appear near 111-22 and 112-07 
Support  at 111-07 and 110-22

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 9140 to 9156 
Support should appear near 9060 to 9044  

Trade accordingly .

Sept Euro Currency (EC)
Support
should appear at 12175 then 12102 and the 12030 to 11920 region 
Resistance
should appear near 12247and 12320 to 12380

Sept Swiss Franc
Recommended open Position Short at 7990 
Resistance
should appear near 7901 and 7939 to 7954 
Support should appear near 7864 to 7836 and 7807 

Sept British Pound
Support
should appear near 17800 to 17740
Resistance
should appear near 18080 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 7513 and 7587 to 7601  
Support should appear near 7486 and 7428 to 7414

 

                                                 Precious Metals
Dec Gold
Recommended open Position Short 2 at 435.8
Resistance
should appear at  442.5 to 444.6 and 450.4 to 451.4   
Support is at 438.1 to 437.0 and 431.5 to 430.4

Dec Copper
Support
should appear near 15760 to 15690.  
Resistance
should appear near the 16420 to 16550 region   

Dec Silver 
Support
should appear near 700.5 to 699.0 and 692 to 690.5 
Resistance is at 714.5 to 717.0 and 724.0 to 725.5

The Exciting Energies

Oct Crude Oil
Resistance
should appear near 6659 to 6673 and 6743 to 6755
Support
should appear near the 6509 to 6483 and 6350 to 6335

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

Oct Heating Oil
Re
sistance should appear near 18580 to 18650 and 19020 to 19090  
Support should appear near  18220 to 18080 and 17800 to 17740 


The Lively Livestock 
 

October  Cattle
Recommended Open Position Short at 8117 
Support
should appear near 8137 to 8117 and 8047 to 8027  
Resistance is at  8222 then 8302 to 8317and the 8392 to 8407 region 

October Hogs
Recommended open positions  Short at 2 at 6112  avg  
Support is 6192 to 6167 and 6112   
Resistance is at  6257 to 6272 and 6337 to 6352   

Stay tuned  for Flashes and Updates  

Recommended open Spread :  Short Oct  / long Dec at 140

February Pork Bellies
Resistance
should appear near 8392 to 8407 and 8482 to 8502    .
Support  is at 8317 to 8302 and 8222 to 8192   
                                  

                                           The Grande’ Grains

November Soybeans
Resistance
at 610 1/4 to 611 1/4 and 616 1/2 to 619 
Support
should appear near 603 1/2 to 602 1/4 and the 595 3/4 to 594 1/2 region

Dec Soymeal
Recommended open position Short at 193.4 
Support should appear near 186.5 to 185.8.and the 18220 to 18080 region 
Resistance should appear near 19020 to 19090 and 194.6 to 195.3 .

Dec  Soybean Oil
Resistance should appear near 2267 to 2275 and 2315 to 2322 
S
upport
should appear near 2226 to 2219 and 2185 to 2170

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 2 at 336 1/2 avg 
Resistance should appear near 342 1/2 to 344 1/4 349 1/4 to 350 1/4. 
Support
should appear near 338 3/4 to 337 3/4 and the 332 3/4 to 331 3/4 region.  .


                                                      
 
The Satisfying Softs  

Dec 'The Monster' Coffee
Support  
should appear near 9935 to 9920 and the  9735 to 9705 region. .. Below that 9545 to 9525 should contain a decline 
BW
Traders Who sleep on a bed of Nails can buy at 9735 and hold for higher prices...
Resistance
should appear near 10105 to 10135 and 10320 to 10360

Dec Cocoa
Support
is at 1383 to 1377 and the 1346 to 1334 region. BW Traders can buy at 1346 for a bounce 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 941 to 932 
Resistance
should appear near 972 and 1000 to 1005 

Dec Cotton
Recommended open position Short at 4795 
Support should appear near  4855 to 4845 and 4875 to 4775 
Resistance should appear near 4915 to 4925 and 5055 to 5070
BW Traders can sell at 5045 and risk a close over 5230 for three days in a row. 

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
Saturday  August 20th , 2005
11:25 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 2 Oct Hogs 6112 avg 
Spread Short Oct / Long Dec Hogs 140 
Short Dec Soymeal 193.4
Short Dec Wheat 331
Short Dec Cotton 4795