FuturesCom
Morning Investment Comments
Tuesday April 19, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains •
Livestock • Softs
Monday April 18, 2011
6:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support
should appear near 12,030.00 to 11,920.00
Resistance
should appear near 12,320.00
to 12,380.00
jUNE e-Mini sp500
Resistance should appear near 1304.00 to
1310.00 and 1322.00
Support should appear at near
1274.00 to 1268.00. BW Traders can buy at 1274.75
for a bounce
and risk a close under 1267.00 for three days in a row. .
NAsdaq Composite
Resistance
should appear near 2758 to
2775.00
Support should appear near 2724.00 to 2716.00
jUNE E-Mini NasdaQ 100
Resistance
should appear near 2315.00 to 2322.00
Support
should appear near 2275.00 to 2267.00
JUNE E-Mini RUSSELL 2000
Resistance
should appear near
819.40 to 822.30 and the 830.00 to
831.40 region
Support should appear near 813.40 to 811.90 and the 804.40 to 802.90
region
JUNE 30 YR BOND
Resistance should appear near 121-07 and 121-21
Support should appear near 120-07
and 119-21
June 10 yr Note
Resistance
should appear near 120-07 and
120-21
Support should appear near 119-21
and 119-07
The Frenzied Forex Front
June dOLLAR iNDEX
Resistance
should appear
near 7587 to 7601
Support should appear near 7513 to 7486
June JAPANESE Yen
Resistance
should appear
near 12175 and 12320 to 12380
Support should appear near 12030 to 11920
June EURO currency
Support
should appear near 14210 to 14150 and 13990
Resistance should appear near
14370 and 14530 to 14590
June SWISS FRANC
Resistance
should appear near the 11300 to 11360 region
Support should appear near 11010
to 10960
JUNE BRITISH POUND
Support should appear near
16150 to 16090. BW Traders can
buy at
16150, risk a close under 16087 for three days in
row.
Resistance should appear near
16420 to 16550 BW Traders can sell at
16417, Risk a close over 16552 for three days in row.
JUNE CanadIAN Dollar
Resistance
should appear
near 10470 ands10580 to 10630
Support should appear near 10320
and 10237
JUNE
AUSSIE DOLLAR
Resistance should appear near 10470 and 10580
to 10680
Support should appear near 10360
to 10320
The Precious Metals
JUNE gold
Resistance
should appear near 1512.5.
Beyond that a test of 1529.0 to 1535.0 is likely.
Support is near 1496.0 to 1484.0 and 1471.5.
MAY COPPER
Resistance should
appear near 42380 to 42490 and 43040 to 43150
Support should appear near 41830
to 41630 41200 to 41100
MAY Silver
Resistance
should appear near 4370 to
4381
Support is at 4249 to 4238
The Exciting Energies
June Crude
Oil
Resistance should
appear near 10960 to 11010
Support should appear near 10680 to 10580
MAY HeaTING Oil
Support
should appear at 31570 to 31480 and 31020 to 30920
Resistance should appear near
31940 to 32130 and 32610 to 32700
MAY
UNLEADED Gas
Support
should appear near 32130
to 31940
Resistance should appear near
33190 to 33280
MAY NATURAL Gas
Support
should appear at 4056 to 4046
Resistance should appear near
4238 to 4249
THE GRANDE’ GRAINS
JULY SOYBEANS
Resistance
should appear 1377 to 1383
Support should appear near 1346
to 1334
JULY SOYMEAL
Resistance should appear near 361.3 to 362.3
Support should appear near 350.3
to 349.3 and 344.3 to 342.5
JULY BEAN OIL
Resistance should appear near 5855
to 5880
Support should appear near 5805
to 5792
JULY CORN
Resistance should appear near 767 ½ to 768 ¾ and 776 ¼ to 777 ¾
Support should appear 742 3/43 to
741 ½ and 734 ¼ to 732 ¾
JULY WHEAT
Resistance
should appear near 830 to
831 ½ and 848 ½ to 849 ¾
Support should appear near 804 ½
to 802 ¾ and 786 ½ to 783 ¾
Stay tuned for Flashes and additional Ideas for Grain Markets
THE
LIVELY LIVESTOCK
JUNE CATTLE
Support
should appear near 11572 then 11500 and 11362 to 11297
Resistance should appear near
11637 to 11687
JUNE HOGS
Resistance
should appear near
10320 to 10360
Support should appear near 10107
and 10037 to 10022
JULY HOGS
Resistance
should appear near
10237 and 10317 to 10357
Support should appear near 10037
to 10022
The Satisfying Softs
JULY COFFEE
Support should appear near 28290
to 28200
Resistance should appear near
29280 to 29370
JULY COCOA
Resistance should appear near
3092 to 3102
Support should appear
near 2990 to 2972
JULY SUGAR
Resistance is at 2315 to 2322 and 2411 to 2419
Support should appear near 2275
to 2267 and 2226 to 2219
JULY COTTON
Resistance
should appear near 18080
to 18220
Support should appear near 17380
to 17310
--A Ship in Harbor is Safe...But that
is not what ships are built for --
Happy Trading!
Bill
wil@futurescom.com