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FuturesCom Investment Publications
Morning Comments Monday May 1st 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 April 29th 2006
10:45 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 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 8119 to 8134 and 8194 to 8223
Support should appear near 7954 to 7939 and 7864 to 7836
* BW Traders should go short if a close under 8027 occurs
June British Pound
Support should appear near 18220 to 18080
Resistance should appear near 18560 to 18650
June Canadian Dollar
Resistance should appear near 9044 to 9060
Support is at 8871 to 8856.
June Aussie Dollar
Support should appear near 7513 to 7487
Resistance should appear near 7675 to 7689
Precious Metals
June Gold
Resistance should appear at 665.90 to 667.3
Support is at 643.0 to 641.3 and 635.0 to 633
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 1346.0 to 1334.0 and 1274.0 to 1268.0
Resistance is at 1415.0 to 1421.0 and 1453.0 to 1459.0
The Exciting Energies
June Crude Oil
Resistance should appear near at 7242 to 7255 and 7328 to 7342..
Support should appear at 7088 to 7074 and 7003 to 6990
June Unleaded Gas
Resistance should appear near 21250 to 21340 21700 to 21850
Support should appear near 20420 to 20340, an extended decline under is negative and augurs for a test of 19530 to 19460
and below toward the 17800 to 17740 region.. ..... Which now appears more likely than not to occur
June Heating Oil
Resistance should appear at 20340 to 20420 and 20800 to 20890
Support should appear near 19090 to 19020 and 17380 to 17310
The Lively Livestock
June Cattle
Support should appear near 7342 to 7327 and 7257 to 7252n
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 6672 to 6657 , a close under augurs for a test of 6592 to 6577
Resistance should appear near at 6742 to 6757 and the 6807 to 6837
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
Resistance at 602 1/4 to 603 1/2 and the 610 1/4 to 611 1/4 region.. Beyond that a test of 616 1/2 to 619 is likely.
Support should appear near 595 3/4 to 594 1/2 and 588 to 585 1/2..
July Soymeal
Recommended open position Long 2 at 173.9 avg
Resistance should appear near 177.4 to 178.0 and 180.8 to 182.2
Support should appear near 173.1 and 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
July Soybean Oil
Resistance should appear near 2612 to 2620
Support should appear near 2519 to 2511
July corn
Recommended open position Long 249 1/2
Resistance should appear near 255 1/4 to 255 3/4
Support is at the 246 3/4 to 246
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 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 1774 to 1780.and 1802 to 18322
Support should appear near 1696 to 1689 and 1655 to 1642
July Cotton
Support should appear near 5070 to 5055
Resistance should appear near 5345 to 5355
-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
Sunday April 30th 2006
11:45 AM South Florida Beach Time
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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.