Economic and Investment Trend Analysis - Socio Economics
Dow Jones - SP500 - NASDAQ - Russell 2000 - Treasuries - Forex - Precious Metals - Energy - Livestock - Grains - Softs
Premier Service - Platforms - Quotes - Online Signup - Bi-Weekly Outlook Archives - Special Reports - DIY Index
The Bill Chippas Show
FuturesCom Investment Publications
Morning Comments Friday June 9th 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 June 8th 2006
2:45 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support at 10,820.00.. below that support should appear near the 10680.00 to 10580.00 region
Resistance should appear near 10960.00 to 11,010.00 and 11,155.0
Sept SP500
Support is at 1250.00 and the 1238.00 to 1232.00 region..
Resistance should appear near 1268.00 to 1274.00 and 1289.00 ..
NASDAQ Composite
Support should appear near 2134.00 to 2126.00.
Resistance should appear near 2170.00 to 2185.00
Sept Mini Nasdaq 100
Resistance should appear near 1609 to 1615
Support should appear near 1576 to 1569 .
Sept Mini Russell 2000
Support is at 708.80 to 707.40 and 700.30 to 699.0 .
Resistance should appear near 714.30 to 717.0 and 724.20 to 725.50
Sept 10 Year T-Note
Resistance should appear near 106-07 and 106-21
Support is at 105-21 and 105 -07
Sept 30 Year T-Bond
Resistance should appear near 108-07 and 108-21
Support is at 107-21 and 107-07
The Frenzied Forex Front
Sept Yen
Resistance should appear near 8934 to 8964
Support should appear near 8777 to 8762
Sept Euro Currency (EC)
Support should appear at 12680 and 12530
Resistance should appear near 12740 and 12815
Sept Swiss Franc
Resistance should appear near 8223 and 8300 to 8314
Support should appear near 8194 and 8134 to 8119
Sept British Pound
Support should appear near 18220 to 18080
Resistance should appear near 18580 to 18650
Sept Canadian Dollar
Resistance should appear near 8964 and 9004
Support is at 8871 to 8856
Sept Aussie Dollar
Support should appear near 7342 to 7328
Resistance should appear near 7414 to 7428.
Precious Metals
August Gold
Resistance should appear at 619 and 625.7 to 627.0
Support is at 611.3 to 610.1 and 603.5 to 602.3
July Copper
Resistance should appear near 342.5 to 344.3
Support should appear near 332.80 to 331.90 and 310.20 to 309.20 .
July Silver
Resistance should appear near 1130.0 to 1136.0 and 1150.0
Support is at 1101.0 to 1096.0 and 1068.0 to 1058.0
The Exciting Energies
July Crude Oil
Resistance should appear near 7074 to 7088 and 7143 to 7170
Support Should appear near 7003 to 6990 and 6919 to 6906
July Unleaded Gas
Resistance should appear near 212.60 to 21340 and 21700 to 21850
Support should appear near 19960 to 19820 and 19530 to 19460
July Heating Oil
Support should appear near 19090 to 19020 and 18650 to 18580
Resistance should appear near 20340 to 20420 and 20800 to 20890
The Lively Livestock
August Cattle
Resistance should appear near the 8117 to 8137 and 8192 to 8222
Support is at 7957 to 7937 and 7777 to 7762 region..
July Hogs
Recommended open position short 7 at 6497
Support is at 7007 to 6992 and 6922 to 6907 .
Resistance should appear 7142 to 7172 and 7242 to 7257
July Pork Bellies
Resistance should appear near 8937 to 8967 and 9042 to 9062
Support is at 8777 to 8762 and 8682 to 8667
The Grande’ Grains
August Soybeans
Recommended open position Long at 596 1/4
Resistance at 602 1/4 to 603 1/2 and 610 1/4 to 611 1/4
Support should appear near 594 1/2 and 588 to 585 1/2
August Soymeal
Resistance should appear near 185.8 to 186.5 and 190.2 to 190.9
Support should appear near 180.8 and 178.0 to 177.4. BW Traders can buy at 178.0 and hold for higher prices. ..
Plan to risk a close under 172.7 for three days in a row..
August Soybean Oil
Recommended open position Long at 2521
Resistance should appear near 2511 to 2519 and 2558 to 2568
Support should appear near 2469 to 2461 and 2419 to 2411
Dec Corn
Recommended Open position Long at 278 1/4
Resistance should appear near 275 3/4 to 277 1/2
Support is at 267 1/4 to 266 1/4 should hold…
BW Traders can buy at 267 1/2 and risk a close under 254 3/4 for three days in a row..
Dec Wheat
Recommended open position Long at 418 3/4
Resistance should appear near 423 3/4 to 424 3/4 and 430 1/2 to 431 1/2 ..
Support should appear near 412 to 411 and 405 3/4 to 404 3/4
The Satisfying Softs
Sept ‘The Monster ' Coffee
Support should appear near 9735 to 9705 and 9640 to 9625
Resistance should appear near 9935 and 10020 to 10035
Sept Cocoa
Support is at 1484 and 1421 to 1415 ..
Resistance should appear near 1529 to 1535 and 1569 to 1576,
Oct Sugar
Resistance should appear near 1569 to 1576 and the 1609 to 1615 region .
Support should appear near 1535 to 1529 and the 1496 to 1484 region
Dec Cotton.
Support should appear near 5730 to 5715 and the 5580 to 5550 region.. Below that 5505 to 5490 should hold..
BW Traders can buy at 5510 and risk a close under 5405 for three days in a row.
Resistance should appear near 5855 to 5880 and the 6025 to 6040 region.
A Ship in Harbor is Safe...But that is not what ships are built for -
Traders should stay tuned for additional commentary and recommendations
for all markets via Updates and Flashes..
Happy Trading !
Bill wil@futurescom.com
1-866-409-3890
Thursday June 8th 2006
3:45 PM South Florida Beach Time
FuturesCom 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.