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FuturesCom Investment Publications
Morning Comments Tuesday June 27th 2006
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Tuesday  June 27th  2006
4:00 AM South Florida Beach Time

 

                                 The Sensational Stock and Bond Markets

 

Dow Jones Industrial Average
Support
 is at 11,010.00 to 10.960.00 
Resistance
should appear near 11,155.00 and 11,300.00 to 11,360.00

Sept  SP500
Support
is at   1253.00 and the 1238.00 to 1232.00 region. ..
Resistance should appear near 1268.00 to 1274.00 

NASDAQ Composite
Support
should appear near 2089.00 to 2080
Resistance
remains near 2126.00 to 2134.00 and 2170.00 to 2185.00 

Sept Mini Nasdaq 100
Resistance
should appear near  1569.00 to 1576.00 and 1592.50.
Support should appear near 1552.00 and 1535.00 to 1529.00 

Sept Mini Russell 2000
Support
is at  700.30 to 699.0 and the 683.60 to 680.90 region
Resistance
should appear near 707.40 to 708.80 and 714.30 to 717,00   

Sept  10 Year T-Note  
Resistance
should appear near  104-07 and 104-21    
Support  is
at 103-21 and 103-07

Sept  30 Year  T-Bond
Resistance
should appear near 106-07 and 106-21
Support should appear near 105-21 and 105-07

The Frenzied Forex Front 

Sept  Yen
Resistance
should appear near 8762 to 8777 and 8817
Support should appear near 8683 to 8668 and the 8589 to 8560 region

Sept  Euro Currency (EC)
Recommended Open Position Short at 12697
Support
should appear at 12530 and 12380 to 12320
Resistance should appear near 12605 and 12680 to 12740

Sept Swiss Franc
Recommended Open Position Short 2 at 8191
Resistance
should appear near 8119 to 8134 and 8164
Support 
should  appear near 8044 to 8029 and the 7954 to 7939 region   

Sept  British Pound
Support
should appear near 18220 to 18080
Resistance
should appear near  18400 and 18580 to 18650

Sept  Canadian Dollar
Resistance
should appear near  8964 and 9004
Support
is at  8871 to 8856 and 8777 to 8762

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

 
                                       Precious Metals

August  Gold
Resistance
should appear at 594.5 to 595.7 and 602.3 to 603.5 Beyond that 610.1 to 611.3 should cap a rally..
Support is at 580.5 to 579.2 then 572.9 to 571.6 and the 565.3 to 564.0 region.. which should contain a decline

July  Copper
Resistance  
should appear near 33770 to 33860 and 34250 to 34430 
Support
should appear near 30450 to 30360 and 28830 to 28740.  

July Silver 
Resistance
 should appear near  1032.0 to 1036.0 and 1058.0 to 1068.0
Support  is at 1005.0 to 1000 and 993.5 to 992.0 

  
                                       The Exciting Energies
 

August Crude Oil
Resistance
should appear near  7242 to 7255 and 7328 to 7342
Support  should  appear near 7170 to 7143 and 7088 to 7074.

August Unleaded Gas
Resistance
should appear near 21700 to 21850 and 22190 to 22260
Support
should appear near  20420 to 20340 and 19960 to 19820

August Heating Oil
Support
should appear near  19090 to 19020 and 18650 to 18580
Resistance
should appear near 20340 to 20420 and 20800 to 20880                   

 

The Lively Livestock
 

August  Cattle
Support
should appear near the 8592 to 8562 and 8502 to 8482
Resistance
is at 8762 to 8777 and 8857 to 8872  

August   Hogs
Support
is at 6922 to 6907 and 6837 to 6807.. Below that 6757 to 6742 should contain a decline       
Resistance should appear 7072 to 7087 and 7142 to 7172..Above that 7242 to 7257 should cap a rally  

July  Hogs
Recommended open position short 7 at 6497

August Pork Bellies
Resistance
9042 to 9062 and 9137 to 9157   
Support
 is at 8872 to 8857 and 8777 to 8762 
 
 

                                          The Grande’ Grains
August  Soybeans
Recommended open position long at 596 1/4
Resistance at 585 1/2 to 588 and 594 3/4 to 595 4/5
Support
should appear near 572 3/4 to 571 3/4 and 565 1/4 to 564 

August Soymeal
Recommended open position  Long 2  at 178.9  
Resistance should appear near 177.4 to 178.0 
Support  should appear near 169.6 to 168.9

August Soybean Oil
Recommended open position Long at 2521
Resistance should appear near the 2511 to 2519. and 2558 to 2568
Suppor
t should appear near  2461 and 2419 to 2411 

Dec Corn
Recommended open position Long 2 at  272 3/4
Resistance
should appear near  255 3/4 to 256 3/4  
Support is at 246 3/4 to 246 

Dec Wheat
Recommended open position Long at  418 3/4
Resistance should appear near 411 to 412 and 416 1/4 to 418 1/4  
Support
should appear near  399 1/4 to 398 1/4  and 392 3/4 to 390 3/4  

           
                                                      
   The Satisfying Softs

Sept ‘The Monster ' Coffee
Support
should appear near 9545 to 9525 and the 9345 to 9315 region..
Resistance  should appear near 9705 to 9735 and 9820 to 9835  

Sept Cocoa
Support
is at  1496 to 1484 
Resistance should appear near 1569  to 1576

Oct Sugar
Resistance
should appear near 1642 to 1655 
Support
 should appear near 1576 to 1569 

Dec Cotton.
Recommended open position long at 5510
Support should appear near 5345 and 5280 to 5255
Resistance should appear near 5415 to 5430 and 5490 to 5505  


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

Tuesday June 27th  2006
5:15  AM  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 6-26-2006
Short Sept EC 12697
Short 2 Sept Swiss Francs 8191  
Short 7 July hogs 6497
Long August Beans 596 1/4
Long August Bean Oil 2521
Long 2 August Soymeal  178.9 
Long Dec Wheat 418 3/4
Long 2 Dec Corn 272 3/4
Long Dec Cotton 5510