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FuturesCom Investment Publications
Morning Comments  Tuesday April 18th 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 April 17th  2006
4:00 PM South Florida Beach Time
             

                             The Sensational Stock and Bond Markets                 

Dow Jones Industrial Average
Resistance remains near 11,300.00 to 11,360.00
Support  remains  near 11,010.00 to 10,960.00 

Trade accordingly

June SP500
Recommended open position 1318.90
Support should appear near 1289.00. Which should continue to contain a decline.. Below that Buyers should appear near 1274.00 to 1268.00
Resistance should appear near 1296.50, an extended trade over  augurs for test of 1304.00 to 1310.00

NASDAQ Composite
Support should appear near 2275.00 to 2267.00
Resistance should appear the 2315.00 to 2322.00
 

June Mini NASDAQ  100
Resistance should appear near the 1731.00 to 1738.00 region   
Support should appear near  the 1696 to 1689 region.

June Mini Russell 2000
Support is at 751.30 to 748.87.. below that buyers should appear near 742.80 to 741.40
Resistance should appear near 758.70 to 760.10 and the 767.50 to 768.90 region.
BW Traders  should go if a close over  760.30 occurs.      

June 10 Year T-Note  
Resistance should appear near 105-21 and 106-07...   
Support  is at 105-07.. Below that a trade towards 104-21 is likely..

June 30 Year  T-Bond
Resistance should appear near 107-21 and 108-07
Support  is at  117-07 and 106-21

                                   The Frenzied Forex Front

June  Yen
Recommended open position Short at 8560
Resistance should appear near 8589 and the 8668 to 8683 region
Support should appear near 8499 to 8484

June  Euro Currency (EC)
Recommended open Position Short 2  at 12235 avg
Support should appear at  12175 and 12030 to 11920
Resistance should appear near  12320 to 12380

June Swiss Franc
Recommended open position Short 2  at 7802 avg
Resistance should appear near  7901 and 7939 to 7954
Support should appear near  7864 to 7836 and 7807

June  British Pound
Support should appear near 17380 to 17320 , a close under augurs for a test of  17136
Resistance should appear near the 17740 to 17800 region.

June  Canadian Dollar
Resistance should appear near 8762 to 8777
Support is at 8683 to 8668

June Aussie Dollar
Support should appear near 7342 to 7328
Resistance should appear near 7414 to 7428.

                                              Precious Metals

June Gold
Resistance should appear at  633.5 to 635.5 
Support is at  595.5 to 594.5

May Copper
Resistance  should appear near 30360 to 30450and 30920 to 31020.
Support should appear near 28290 to 28200 and 27750 to 27580  

May Silver 
Resistance should appear near 1415.0 to 1421.0  .
Support  should appear near 1310 to 1304.0  

                                                                      The Exciting Energies

May Crude Oil
Resistance should appear near  7074 to 7088
Support should appear 6919 to 6906 .

May Unleaded Gas 
Resistance should appear near 22670 to 22750 and 23150 to 23200
Support  should appear near  20420 to 20340 and 19960 to 19820

May Heating Oil
Resistance should appear at 20800 to 20890 ands 21260 to 21340 
Support should appear near 19530 to 19460 and 19090 to 19020  ..               

                                 The Lively Livestock

June Cattle
Support should appear near 7512 to 7487 and 7427 to 7412...Below that a test of 7342 to 7327 is likely     
Resistance is at 7587 to 7602 and 7672 to 7687.Beyond sellers should appear near 7762 to 7777 and 7837 to 7867.
BW. Traders can sell at 7832   and risk a close over 7972  for three days in row 

June  Hogs
Support is at  6432 to 6417 , a slip under augurs for a test of 6352 to 6337 and eventually the 6112 to 6102 region.
Resistance should appear near at 6482 to 6507 and 6577 to 6592..Beyond that sellers should appear near 6657 to 6672

Trade Accordingly

May Pork Bellies
Resistance should appear near 7672 to 7692 and 7762 to 7777
Support  is at the 7512 to 7487 and 7427 to 7412 

Trade Accordingly..

                                   The Grande’ Grains

May Soybeans
Recommended open position long at 572 1/2
Resistance at 579 1/4 to 580 1/2 and 585 1/2 to 588 
Support should appear near 565 1/4 to 564 and 557 3/4 to 555 3/4    

May Soybean Meal
Recommended trade elected Long at 177.5
Resistance  should appear near 180.8 to 182.2 and 185.6 to 186.5
Support should appear near  173.1 and 171.4.. below that buyers should appear near the 169.6 to 168.9 region

May  Soybean Oil
Recommended Open Position Long at 2295
Resistance should appear near 2315 to 2322 .
Support should appear near the 2226 to 2219 region
BW Traders can buy at 2227 for a bounce and risk a close under 2157 for three days in a row.

May Corn
Recommended open position long at 235
Resistance should appear near 241 1/4 to 242 3/4 and 246 1/2 to 246 3/4
Support is at 235 1/2 and 232 1/4 to 231 1/2.
 

May Wheat
Resistance should appear near 350 1/4 and 355 1/4 to 356 1/4 
Support should appear  near 344 1/4 to 342 1/2 and 338 3/4 to 337 3/4                 

                                                   The Satisfying Softs

July ‘The Monster ' Coffee 
Recommended open position long at 11030     
Support should appear near 10680 to 10580 and the 10360 to 10320 region.
Resistance  should appear near 10960 to 11030 and 11300 to 11360

BW  Traders should go long if a closed over 11175 occurs.

July Cocoa
Support is at  1459 to 1453 and 1421 to 1415 .  
Resistance should appear near 1484 to 1496 and 1529 to 1535

July  Sugar
Resistance should appear near 1731 to  1738 and 1774 to 1780
Support  should appear near 1696 to 1689 and 1655 to 1642

July Cotton
Support should appear near 5355 to 5345 and 5285 to 5255 
Resistance should appear near 5490 to 5505 and 5555 to 5580


                                                                     - 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 April 17th 2006
5:00 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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