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FuturesCom
Morning Investment Comments
Thursday April 28, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

 

Wednesday April 27, 2011
7:00 PM South Florida Beach Time
                       The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,680.00 and 12,530.00
Resistance should appear near 12,740.00 and 12,890.00 to 13,100.00
jUNE e-Mini sp500
 Resistance should appear near the 1377.00 to 1383.00.
Support should appear at near 1346.00 to 1334.00

 

NAsdaq Composite
Resistance should appear near 2874.00 to 2883.00     
Support should appear near 2829.00 to 2820.00   

jUNE E-Mini NasdaQ 100
 Resistance should appear near 2411.00 to 2419.00.  
Support should appear near 2370.00 to 2354.00

JUNE  E-Mini RUSSELL 2000
 Resistance should appear near 866.80 to 868.30
Support should appear near 858.90 to 856.00
  
JUNE 30 YR BOND
Resistance should appear near 122-07 and 122-21   
Support should appear near 121-07 and 120-21.

June 10 yr Note
 Resistance should appear near 120-21 and 121-07. 
Support should appear near 119-21 and 119-07

                             The Frenzied Forex Front
 June dOLLAR iNDEX
 Resistance should appear near 7342 and 7414 to 7428       
Support should appear near 7255 to 7242   
 
June JAPANESE Yen
 Resistance should appear near 12320 to 12380
Support should appear near 12030 to 11960                  

June EURO currency
 Support should appear near  14590 to 14530
Resistance should appear near 14840 to 14960
June SWISS FRANC
 Resistance should appear near 11640 to 11690
Support should appear near  11360 to 11300

JUNE BRITISH POUND
Support should appear near 16550 to 16420
Resistance should appear near 16890 to 16960
JUNE CanadIAN Dollar
 Resistance should appear near 10580 to 10680             
Support should appear near 10360 to 10320  
BW Traders can buy at 10367 and hold for higher prices

JUNE AUSSIE DOLLAR
 Resistance should appear near  10960 to 11010
Support should appear near 10680 to 10580.        

                                 The Precious Metals
 JUNE gold
 Resistance should appear near 1529 to 1535 and the 1569.0 to 1576.0 region
Support is near 1496.0 to 1484.0.
Aggressive BW Traders should go long if a close over 1537 occurs. Stay tuned for Flashes …
JulY COPPER
 Resistance should appear near 44250 to 44460.
Support should appear near the 42490 to 42380 region.  

 July Silver 
 Resistance should appear near 4973 to 4995 and 5056 to 5067                    
Support is at 4650 to 4639 and 4514 to 4503                                            
                                   The Exciting Energies  
JUNE Crude Oil
Resistance should appear near 11500. Beyond that a test of 11640 to 11690 is likely. 
BW Traders should go long is a close over 11367 occurs.
Support should appear near 11300 and 11175      
JUNE HeaTING Oil
 Support should appear near 31570 to 31480
Resistance should appear near 33190 to 33280     
JUNE UNLEADED Gas
 Support should appear at 33280 to 33190  
Resistance should appear near 34250 to 34430.

June NATURAL Gas
Support should appear at 4381 to 4370 and 4315 to 4304   
Resistance should appear near 4503 to 4514 and 4639 to 4650                                                                
                              THE GRANDE’ GRAINS
 JULY SOYBEANS
Resistance should appear 1415 to 1421         
Support should appear near 1383 to 1377

JULY SOYMEAL
Resistance should appear near 366.2 to 368.3 and 373.4 to 374.3         
Support should appear near 362.3 to 361.3 and 356.3 to 355.3        
BW Traders should go long if a close over 368.3 occurs.

JULY BEAN OIL
Resistance should appear near 5945 to 5957         
Support should appear near 5805 to 5792  

JULY CORN
Resistance should appear near 793 ¾ to 795 ½         
Support should appear 760 ¼ to 759 ¾              

JULY WHEAT
Resistance should appear near 830 to 831 ½
Support should appear near 804 ½ to 802 ¾
 

                                           THE LIVELY LIVESTOCK

JUNE CATTLE
Support should appear near 11300 then 11157 and 11010
Resistance should appear near 11362 and 11470      

JUNE HOGS

Resistance should appear near 9707 to 9737
Support should appear near 9447 to 9427

JULY HOGS

Resistance should appear near 9822 to 9837
Support should appear near  9542 to 9527  
                            The Satisfying Softs
 JULY COFFEE
Support should appear near 28830 to 28740 and 28290 to 28200.   
Resistance should appear near 29720 to 29900 and the 30360 to 30450 region.

JULY COCOA
Resistance should appear near 3261 to 3270      
Support should appear near 3157 to 3148    

 

JULY SUGAR
Resistance is at 2411 to 2419
Support should appear near 2275 to 2267    
BW Traders should go long if a close over 2422 occurs.  

JULY COTTON
Resistance should appear near 16090 to 16150.
Support should appear near 14590 to 14530   

           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Wednesday April 27, 2011  8:45 PM South Florida Beach Time