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FuturesCom Investment Publications
Morning Comments  Monday January 23rd 2006
 Serving Professional and Individual Traders World Wide since 1979
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 January 21st  2006
12:45 PM  South Florida Beach Time
                                   

                                                  The Sensational Stock and Bond Markets               

Dow Jones Industrial Average
Nearby
Resistance
is at 10,680.00 and 10,820.00 ..
Support remains near 10,630,00 to 10580.00.  .

March SP500
Recommended open position long at 1289.7
Support should appear near 1260.5 and 1253.00
Resistance should appear near 1268.00 to 1274.00.
Nasdaq Composite
Support
should appear near 2246.5 and 2226 to 2219 ..
Resistance should appear near 2267 to 2275  

March Mini Nasdaq 100
Resistance
 remains should appear near  1713.5 and 1731 to 1738.00
Support  should appear near 1672.0 and 1655 to 1642.00 .


March Mini Russell 2000
Recommended Open Position Long 2  at 709.20 avg
Support is at 708.80 to 707.40
and 700.3 to 699.0
Resistance
should appear near 724.20 to 725.50   .

March 10 Year T-Note  
Resistance
should appear near  109-21 and 110-07
Support 
should appear near 109-07 and 108-21

March 30 Year  T-Bond
Resistance
should appear near 114-21 and 115-07
Support  is
at 114-07.and 113-21

                                            The Frenzied Forex Front
March  Yen
Recommended open position short 2  at 8691 avg
Resistance
should appear near 8762 to 8777   
Support should appear near 8683 to 8667

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

March Swiss Franc
Recommended open position short 2 at 7799
Resistance
should appear near  7836 to 7864 and the 7939 to 7954.region
Support should appear near 7777 to 7763 and the 7689 to 7675 region

March British Pound
Recommended open position short at 17540
Support
should appear near the 17380 to 17320 region .
Resistance should appear near 17740 to 17800

March  Canadian Dollar
Resistance
should appear near 8668 to 8683
Support is at 8499 to 8484

March Aussie Dollar
Recommended open position short at 7412
Support
should appear near 7428 to 7414 and 7342 to 7328 
Resistance should appear near 7486 to 7513 and 7587 to 7601 .

 

                                              Precious Metals

Feb Gold
Resistance should appear at 6564.0 to 565.3 and 571.6 to 572.9  
Support
is at  557.7 to 555.3 and 550.4 to 549.2

March Copper
Support
should appear near 20890 to 2080  and 19960 to 19820  
Resistance
should appear near 2126 to 2134 and 21700  to 21850  

March Silver 
Support
should appear near 906.0 to 904.5 and 896.5 to 893.5 .
Resistance is at 915.0 and 931.5 to 934.5  

The Exciting Energies

March Crude Oil
Resistance
should appear near 6743 to 6755and 6809 to 6836
Support
should appear near 6591 to 6577 and the 6509 to 6483 region

Feb Unleaded Gas 
Resistance
should appear near 17800 then 18080 to 18220 and 18580 to 18650
Support 
should appear near 17380 to 17310 and the 16960 to 16890 region 

Feb Heating Oil
Re
sistance
should appear at 18080 to 18220 and 19090 to 19220
Support should appear near  17380 to 17310 and 16960 to 16890


                                    The Lively Livestock
 
Feb  Cattle
Recommended open position Short at 9422
Support should appear near 9542 to 9527 and 9347 to 9317
Resistance is at 9622 to 9642 and 9707 to 9737 BW  Traders can sell at 9707 for a turn lower  and hold for lower prices. initially plan on risking  a close over 9952 for three days in a row.. 

BW Traders should  go short if a close under 9517 occurs.

Feb Hogs
Support
 should appear near  5807 to 5792 and 5732 to 5717
Resistance is at 5942 to 5957 to 6022 to 6037


April Hogs

Recommended Open  Spread position Short 4 April /   Long 4  August at - 75 avg (Aug under April)
Recommended open position Short at 6462
Support
is at  6272 to 6257 then 6192 to 6162
Resistance
is at 6357 then 6417 to 6432.and 6482 to 6512
Stay Tuned for Flashes and Updates..

Feb Pork Bellies
Resistance
should appear near 8302 to 8317 and 8392 to 8407
Support
 
is at 8222 to 8192 and 8137 to 8117  .
 

                                        The Grande’ Grains

March Soybeans
Resistance at  571 3/4 to 572 3/4 and 579 1/4 to 580 1/2 
Support should appear near 565 1/4 to 564 and  557 3/4 to 555 1/2


March Soymeal
Recommended open position short at 180.3
Resistance  should appear near 180.8 to 182.2.. Beyond that sellers should appear near 185.8 to 186.5.
BW Traders can sell at 185.6  and risk a close over 191.20   for three days in a row. ..
Support should appear near 178.0 to 177.4 and 173.8 to 173.1   

March  Soybean Oil
Recommended open position Short at  2122
Resistance
should appear near 2126 to 2134 and 2170 to 2185
Support should appear near 2089 to 2088 and  2042 to 2034

March Corn
Recommended open position short at 208 3/4
Resistance should appear near 208 to 208 3/4 and 212 3/4 to 213 1/2.. beyond that sellers should appear near 217 to 218 1/2 
BW Traders cam sell at 216 3/4 and hold for lower prices.

Support
is at 204 1/4 to 203 1/2 and 199 3/4 to 198 1/4  ..

March Wheat

Recommended open position Short at  330 3/4
Resistance should appear near 327 then 331 3/4 to 332 3/4 and 337 3/4 to 338 3/4

Support
should appear near 321 1/4 to 319 1/2 and the 315 3/4 to 314 3/4 region                                  

 

                                                  The Satisfying Softs 

March  ‘ The Monster ' Coffee
Recommended open position long at 12350
Support  should appear near 12030 to 11920... Below that 11690 to 11640 should hold.. BW Traders can buy at 11710 for a turn higher. 
Resistance should appear near 12320 to  12380 and 12680 to 12740

March Cocoa
Support
is at 1535 to 1529 then 1496 to 1484 and 1459 to 1453
Resistance
should appear near 1569 to 1576 then 1609 to 1615.
and the 1642 to 1655 region. BW  Traders can sell at 1607 and risk a close over 1659 for three says in a row.

BW Traders should go short if a close under 1481 occur

March  Sugar
Resistance
should appear near 1642 to 1655 and 1689  to 1696 
Support
 should appear near 1576 to1569 and 1535 to 1529

March Cotton
Support should appear near 5505 to 5495 and 5430 to 5415

Resistance
should appear near 5640 to 5655 and 5715 to 5730

- 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
Thursday January 19th  2006
4:15 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 – 2006 all rights reserved Terms

BW Recommended Open Positions 1-19-2006
Long March SP500 1289.7
Long 2 March Mini Russell 709.20 avg
Short 2  March Yen 8691 avg
Short 2 March Swiss Francs 7799 avg
Short March British Pounds 17540
Short March Aussie Dollar 7412
Short April Cattle 9422
Short April Hogs 6462
Short 4 April Hogs / long 4 August Hogs  - 75 avg (august under April)
Short March Soymeal 180.3
S
hort March Bean Oil 2122
Short March Corn 208 3/4 
Short March Wheat 330 3/.4
Long March Coffee 12350