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FuturesCom Investment Publications
Morning Comments  Friday April 7th 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                                                    


"Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable- ranks high.
There are certain chances that the most prudent man is justified in taking
- chances that he must take if he wishes to be more than a mercantile mollusk-
” Reminiscences of a Stock operator ”

Thursday April 6th  2006
4:30 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.. 
Support should appear near 11,155 and the11,010.00  to 10,960 region.

June SP500
Recommended open position Long at 1318.90
Support should
appear near 1310 to 1304.00 and 1289.00.. 
Resistance should appear near 1322.00 and 1334.00 to 1346.00

NASDAQ Composite
Support
should appear near the 2354 and the 2322.00 to 2315.00 region 
Resistance should appear near  2370.00 and the 24110 to 2419 region


June Mini Nasdaq 100
Resistance
should appear near  1756.00 and the 1774.00  to 1780.00 region .
Support should appear near  1738.00  to 1731.00 


June Mini Russell 2000
Support
is at  768.90 to 767.50 then 760.10 to 758.70 and the 751.30 to 748.60 region ..
BW  Traders can buy at 748.70 and risk a close under 738.40 for three days in a row   

Resistance
should appear near 776.30 to 777.70.and the 783.60 to 786.40 region

Trade Accordingly. and Stay tuned for updates.

June 10 Year T-Note  
Resistance
should appear near 106.21 and 107-07    
Support  is at
 105-21 and 105-07
 

June 30 Year  T-Bond
Resistance
should appear near 108-21 then 109-07 and 109-21.
Support  is at 108-07 then 107-21.and 107-07                   

                               The Frenzied Forex Front

June  Yen
Resistance
should appear near 8668 to 8683 
Support
should appear near.8560 and the 8499 to 8484 region

June  Euro Currency (EC)
Recommended open position Short at 12319
Support should appear at 12247.and 12175
Resistance should appear near the 12320 to 12350 and 12380 

June Swiss Franc
Recommended open position Short at 7820
Resistance should appear near 7836 to 7864.and 7939 to 7954
Support should appear near 7777 to 7763 and the 7687 to 7675 region   

June  British Pound
Support
should appear near 17380 to 17320
Resistance
should appear near 17650 and the 17740 to 17800 region. .

June  Canadian Dollar
Resistance
should appear near 8762 to 8777
Support
is at  8589 to 8560

June Aussie Dollar
Support
should appear near 7255 to 7242 
Resistance
should appear near 7328 to 7342  

 
                                              Precious Metals

June Gold
Resistance
should appear at 602.3 to 603.5 and 610.1 to 611.3
Support is at 595.7 to 594.5 and 588.0 to 585.5. .

May Copper
Support
should appear near 25680 to 25580 and 25190 to 25110 
Resistance should appear near 26630 to 26720 region

 

May Silver 
Support
should appear near 1169.0 to 1164.0
Resistance
is at 1232.0 to 1238.0

  

The Exciting Energies

May Crude Oil
Resistance
should appear near at 6809 to 6836 and 6906 to 6919
Support
should appear 6673 to 6659 and 6591 to 6577 

May Unleaded Gas 
Resistance
should appear near 20340 to 20420
Support 
should appear near 19090 to 19020   

May Heating Oil
Re
sistance
should appear at 19020 to 19090.
Support
should appear near  18220 to 18080

                           The Lively Livestock

June Cattle
Support
should appear near 7427 to 7412 and 7342 to 7327 
Resistance is at 7487 to 7512 and 7587 to 7602

June  Hogs
Support
is at  6352 to 6337 and 6272 to 6257 .
Resistance should appear near 6417 to 6432 and 6482 to 6512

May Pork Bellies
Resistance
should appear near 8297 to 8317 and 8392 to 8407
Support
 
is at 8137 to 8117 then 8047 to 8027 and 7957 to 7937   

                                       The Grande’ Grains              

May Soybeans
Resistance
at 571 3/4 to 572 3/4 and 579 1.4 to 580 1/2
Support should appear near 557 3/4 to 555 1/4 and 550 1/2 to 549 1/4   

May Soymeal
Resistance  should appear near 173.1 to 173.8
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..

May  Soybean Oil
Resistance should appear near 2267 to 2275 and 2315 to 2322
Support should appear near 2226 to 2219 and 2185 to 2170


May Corn
Resistance
should appear near 246 1/4 to 246 3/4   
Support
is at 237 to 235 1/2     . 

May Wheat
Resistance
should appear near 355 1/4 to 356 1/4  
Support
should appear  near 344 1/4 to 342 1/4 

                            

                                                           The Satisfying Softs

July ‘ The Monster ' Coffee
Support
  should appear near 11010 to 10960 and the 10680 to 10580 region
Resistance  should appear near 11300 to 11360 and 11640 to 11690 

July Cocoa
Support
is at 1496 to 1484 and 1459 to 1453
Resistance
should appear near 1529 to 1535 and 1569 to 1576 

July  Sugar
Resistance
should appear near 1808 to 1822 and 1858 to 1865
Support  should appear near  17809 to 1774 and 1738 to 1731

July Cotton
Support
should appear near 5505 to 5490 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 April 6th 2006
5:30 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.

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BW Recommended Open Positions 4-06-2006
Long June SP500 1318.90
Short June EC 12319
Short June Swiss Franc 7820