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The Bill Chippas Show
FuturesCom Investment Publications
Morning Comments Wed June 28th 2006
Serving Professional and Individual Traders World Wide since 1979
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Wed June 28th 2006
12:00 AM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support is at 10,820.00 and the 10680.00 to 10580.00 region
Resistance should appear near 11,960.00 to 11,010.00 and 11,155.00
Sept SP500
Support is at 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
Sept Mini Nasdaq 100
Resistance should appear near 1569.00 to 1576.00.
Support should appear near 1535.00 to 1529.00 and 1512.50
Sept Mini Russell 2000
Support is at 683.60 to 680.90 and the 675.50 to 674.30 region
Resistance should appear near 699.00 to 700.30 and 707.40 to 708.60
Sept 10 Year T-Note
Resistance should appear near 104-21 and 105-07
Support is at 104-07 and 103-21
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
Sept Euro Currency (EC)
Recommended Open Position Short at 12697
Support should appear at 12530 and 12380 to 12320
Resistance should appear near 12680 to 12740
Sept Swiss Franc
Recommended Open Position Short 2 at 8191
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029
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 8934 to 8964
Support is at 8871 to 8856
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 585.5 to 588.0 and 594.5 to 595.7
Support is at 580.5 to 579.2 and 572.9 to 571.6
Sept Copper
Resistance should appear near 31480 to 31570 and 31940 to 32130
Support should appear near 29900 to 29720 and 28830 to 28740.
Sept Silver
Resistance should appear near 1058.0 to 1068.0
Support is at 1005.0 to 10000
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 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 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 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 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 2558 to 2568 region
Support should appear near 2519 to 2511 and 2469 to 2461
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 416 1/4 to 418 1/4 and 423 3/4 to 424 3/4
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 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
Wed June 28th 2006
1:35 AM South Florida Beach Time
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