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FuturesCom Investment Publications
Morning Comments  Tuesday March 21st 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                                                    


 

Monday March 20th  2006
3:00 PM South Florida Beach Time
             

                                                  The Sensational Stock and Bond Markets               

Dow Jones Industrial Average
Resistance
remains  near the 11,300.00 to 11,360 region. An extended trade or close over is friendly and augurs for a test of  11,500.00
Support should appear near 11,155.00 and the 11,010.00  to 10,960 region.  .  .

June SP500
Support should
appear near 1310.00 to 1304.00 and 1289.00
BW Traders can  buy at 1289.30 and hold for higher prices..
Resistance should appear near 1322.. Beyond that a test of the 1334 to 1346 region is likely to occur..

Stay tuned for Flashes and Updates..

NASDAQ Composite
Support
should appear near 2295 and 2275 to 2267.00   
Resistance should appear near 2315 to 2322 and 2354 to 2370

June Mini Nasdaq 100
Resistance should appear near 1731.00 to 1738.00..
Support should appear near the 1696.00 to 1689.00 region..

June Mini Russell 2000
Support
is at  742.80 to 741.40 and 734.20 to 732.80 ..
Resistance should appear near the 758.70 to 760.10 region.

June 10 Year T-Note  
Resistance
should appear near 108-07 and 108-21
Support  is at
107-07 and 106-07

June 30 Year  T-Bond
Resistance
should appear near 111-21 and 112-07
Support  is
at  111-07 and 110-21                     

                                         
                                            The Frenzied Forex Front

June  Yen
Recommended open position Short at 8559
Resistance should appear near 8762 to 8777 and 8856 to 8871
Support should appear near.8683 to 8668 and 8589 to 8560

June  Euro Currency (EC)
Recommended open position Short  2 at 12047
Support
should appear at 12175 and the 12030 to 11920 region
Resistance should appear near  the 12320 to 12360 region

June Swiss Franc
Recommended open position Short  2 at 7757.

Resistance
should appear near  7836 to 7864
Support
should appear near  7777 to 7763 

June  British Pound
Support
should appear near 17380 to  17320
Resistance
should appear near 17740 to 17800

June  Canadian Dollar

Resistance
should appear near 8668 to 8683 .
Support is at  8589 to 8560 .  
 

June Aussie Dollar
Support should appear near 7170 to 7143 
Resistance should appear near 7242 to 7255   

                                             
                                                 Precious Metals

April Gold
Resistance
should appear  near 555.3 to 557.7 and 564.0 to 565.3 
Support is at  550.4 to 549.2 and 543.0 to 541.8 

May Copper
Support
should appear near 23220 to 23150 and 22260 to 22190
Resistance
should appear near 23550 to 23700 and 2410 to 24190.
Trade Accordingly

May Silver 
Support
should appear near the 1018.50 and 1013.5 to 1010.5 .
Resistance
is at 1032.0 to 1036.0 and 1047.0 


The Exciting Energies

May Crude Oil
Resistance
should appear near at 6257 to 6270 and 6337 to 6350
Support
should appear  6113 to 6101 and 6035 to 6023

April Unleaded Gas 
Resistance
should appear near 18560 to 18650 and 19020 to 19090
Support 
should appear near 18220 to 18080 and 17800 to 17740

April Heating Oil
Re
sistance
should appear at 17740 to 17800 and 18080 to 18150 
Support should appear near  17380 to 17310 and 16960  to 16890  


                                          The Lively Livestock
 

April  Cattle
Support
should appear near 8222 to 8192 and 8137 to 8117
Resistance is at  8392 to 8407 and the 8482 to 8502.. region.
BW Traders can sell at 8482  and risk a close over 8632  for three days in a row.. .. .

April Hogs
Support
 should appear near 5882 to 5852 and 5807 to 5792 . 
Resistance is at should appear near 5942 to 5957 and the 6022 to 6037 region
Beyond that sellers should appear near 6102 to 6112.. BW Traders can sell at 6102 and risk a close over 6212 for three days in row. 

June  Hogs
Recommended open position Short 2 at 6645
Support
is at 6672 to 6657 and the 6592 to 6577 region..
Resistance
should appear near 6742 to 6757 and 6807 to 6837.

May Pork Bellies

Resistance should appear n
ear 8482 to 8502 and 8557 to 8587 .
Support
 
is at 8407 to 8392 and 8317 to 8302  

                                      The Grande’ Grains

May Soybeans
Recommended open position Long at 580 3/4
Resistance at  579 1/4 to 580 1/2 and 585 1/2 to 588 
Support should appear near 571 3/4 and the 565 1/4 to 564 region.
Aggressive  BW Traders should go long if a close over 596 1/4 occurs.

May Soymeal
Recommended open position Long at 173.8
Resistance  should appear near 177.4 to 178.0
Support
should appear near the 169.6 to 168.9 region 
BW  Traders can buy at 169.8 and risk a close under 156.4 for three days in a row.

BW Traders should go long if a close over 178.4 occurs.


May  Soybean Oil
Recommended open position Long 2 at 2352 avg
Resistance should appear near 2315 to 2322 and 2354 to 2370
Support should appear near 2275 to 2267 and 2226 to 2219

May Corn
Resistance
should appear near 221 3/4 to 222 3/4 
Support is at 213 1/2 to 212 3/4    

May Wheat
Resistance
should appear near 361 1/4 to 362 1/4 and 366 1/4 to 368 1/4
Support
should appear near 350 1/4 to 349 1/4  and 344 1/4 to 342 1/2                              
 

                                                           The Satisfying Softs

May  ‘ The Monster ' Coffee
Support
  should appear near 10360 to 10320 and 10135 to 10105
Resistance  should appear near  10580 to 10680 and 10960 to 10010

May Cocoa
Recommended open position Short 2 at 1464 avg
Support is at 1459 to 1453 and 1421 to 1415
Resistance
should appear near 1496 and 1529 to 1535

May  Sugar
Resistance
should appear near 1689 to 1696. 
Support  should appear near  1615 to 1609

May Cotton
Support
should appear near 5285 to 5255. and 5210 to 5200 
Resistance should appear near 5415 to 5430 and 5490 to 5505

                                                                        
- 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

Monday  March 20th  2006
3:55 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 – 2006 all rights reserved Terms
 

BW Recommended Open Positions 3-20-2006
Short June Yen 8559
Short 2 June EC 12047 avg
Short 2 June Swiss Francs 7757
Short 2 June Hogs 6645
Long May Soybeans 580 3/4

Long 2 May Soybean Oil 2352
Long May Soymeal 173.8
Short 2  May Cocoa 1464 avg