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FuturesCom Investment Publications
Morning Comments Friday April 28th 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                                                    


                                                                              

Thursday April 27th  2006
6:00  PM South Florida Beach Time
             

 

                                     The Sensational Stock and Bond Markets               

Dow Jones Industrial Average
Resistance
should appear near  11.640.00 to 11690.00
Support
should appear near 11,360.00 to 11,300.00

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 1322.00 and the 1334 to 1346 region

NASDAQ Composite
Support
should appear near 2322 to 2315. 
Resistance remains near 2354.00 to 2370.00

June Mini Nasdaq 100
Resistance
should appear near the 1731.00 to 1738.00 region.. A close over augurs for a test of the  1774 to 1780 region 
Support should
appear near the 1696 to 1689 and 1671.50.  BW Traders can buy at 1697 and hold for higher prices..

June Mini Russell 2000
Support
is at  760.10 to 758.70 and 751.30 to 748.60 
Resistance should appear near 767.50 to 768.90 and 776.30 to 777.70

June 10 Year T-Note  
Resistance
should appear near 105-21 and 106-07    
Support  is at
105-07 and 
104-21.

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

                                       The Frenzied Forex Front

June  Yen
Recommended Open Position Short at 8560
Resistance
should appear near  8856 to 8871
Support
should appear near 8683 to 8668

June  Euro Currency (EC)
Recommended Open Position Short 3 at 12343 avg
Support
should appear at 12380 to 12320 .
Resistance should appear near 12680 to 12740

June Swiss Franc
Recommended Open Position Short 3 at 7835 avg
Resistance
should appear near 8029 to 8044
Support
should appear near 7864 to 7836    

BW Traders should go short if a close under 7836 occurs  

June  British Pound
Support
should appear near 17800 to 17740  
Resistance
should appear near 18080 to 18220

June  Canadian Dollar
Resistance
should appear near 8934 to 8964   
Support
is at  8777 to 8762.

June Aussie Dollar
Support
should appear near 7513 to 7487  
Resistance
should appear near 7587 to 7601    


                                                  Precious Metals

June Gold
Resistance
should appear at 641.7 to 643.0 and 648.3 to 650.9 
Support is at 627.0 to 625.7 and 619 to 616.5 

July Copper
Resistance  
should appear near 33190 to 33280 and 33370 to 33860
Support
should appear near 31940 and 31020 to 30920 

July Silver 
Support
should appear near 1203 to 1192.0 and 1169.0 to 1164.0
Resistance
is at 1268.0 to 1274.0 and 1334.0 to 1346.0

The Exciting Energies

 

June Crude Oil
Resistance
should appear near at 7242 to 7255 and  7328 to 7342..
Support should appear the 7088 to 7074 region ..   ..Failure there is negative and indicates a test of the 6836 to 6809 region..

June Unleaded Gas 
Resistance
should appear near 20800 to 20890 and 21250 to 21340    
Support 
should appear near  19530 to 19460 and 18220 to 18080.

June Heating Oil
Re
sistance
should appear at  20340 to 20420 and 20800 to 20890    
Support
should appear near 19090 to 19020 and 18220 to 18080

 

                                The Lively Livestock

June Cattle
Support
should appear near 7257 to 7252 and  7172 to 7142 region 
Resistance is at  7417 to 7427 and 7487 to 7512  BW  Traders can sell at 7487  and risk a close over 7607  for three days in row 

June  Hogs
Recommended Open Position Short at 2 at 6607 avg
Recommended Open Spread : Short 5 June at 6630 avg /  Long 5 August 6572 avg

Support
is at  6512 to 6482 and 6432 to 6417 
Resistance should appear near at 6657 to 6672  Beyond that  sellers should appear near 6742 to 6757 

July Pork Bellies
Resistance
should appear near  8762 to 8777 and 8857 to 8872
Support
 
is at 8682 to 8667 and 8592 to 8562   

 

                                           The Grande’ Grains

July Soybeans
Recommended open position long 590 1/2

Resistance
at 594 1/2 to 595 3/4 and  the 610 1/4 to 611 1/4 region .. 
Support should appear near 588 to 585 1/2 and 580 1/2  to 579 1/4   .

July Soymeal
Recommended open position Long  2 at 173.9 avg
Resistance 
should appear near 173.1 to 173.8   
Support should appear near 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

July Soybean Oil
Resistance
should appear near 2612 to 2620
Suppor
t should  appear near 2519 to 2511  

July corn
Recommended open position Long 249 1/2
Resistance
should appear near 246 1/4 to 246 3/4
Support
is at  the 241 3/4 to 241 1/4 region

July Wheat
Resistance
should appear near  361 1/4 to 362 1/4.  
Support
should appear near  350 1/2 to 349 1/4                     


                                                       
   The Satisfying Softs

July ‘ The Monster ' Coffee
Recommended Open Position Long at 11200
Support
  should appear near 10680 to 10580 and 10360 to 10320
Resistance  should appear near 10960 to 11010 and 11300 to 11360  

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  1731 to 1736 and 1774 to 1780.
Support  should appear near 1696 to 1689 and 1655 to 1642

July Cotton
Support
should appear near 5070 to 5055 and 4995 to 4975
Resistance should appear near 5125 to 5140 and 5200 to 5210

-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 26th  2006
7:00 PM  South Florida Beach Time

F
uturesCom Investment  Publications © copyright 1996 – 2006 all rights reserved Terms

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.
 

BW Recommended Open Positions 4-27-2006
Short June Yen 8560
Short 3  June EC 12343 avg
Short 3  June Swiss Franc 7835 avg
Short 2  June hogs 6607 avg
Spread :  Short  5 June Hogs 6630 avg / Long 5  August Hogs 6572 avg
Long July Soybeans 590 1/2
Long 2 July Soy Meal 173.9 avg 
Long July Corn 249 1/2
Long July Coffee 11200