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 and Foreign Exchange TRADING IS 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, foreign exchange and options. Trading futures and foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please trade with capital you can afford to lose. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  No SOLICITATION IS made here for individuals to buy or sell futures contracts, foreign exchange or options market. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  Readers are solely responsible for how they use the information and for their results. You should be aware of all the risks associated with futures and foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The high degree of leverage that is often obtainable in futures and foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.  Internet Risks: There are risks associated with utilizing an Internet based Service including, but not limited to, the failure of hardware, software and Internet connection. Futurescom employs back-up systems and contingency plans to minimize the possibility of system failure

 

 

 

 

      

FuturesCom
Morning Investment Comments
Wednesday July 06, 2011 

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

 

    “The best thing about the future is that it comes only one day at a time.” Abraham Lincoln            
 Tuesday July 05, 2011
10:00 PM South Florida Beach Time
                         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
 Support should appear near 12,530 and the 12,380.00 to 12,320.00 region.
 Resistance should appear near 12,680.00 to 12,740.00 a close over is friendly and augurs for a test of 12,890.00.
SEPT E-Mini sp500
 Resistance should appear near 1340.00 to 1346.00 and the 1377.00 to 1383.00 region. 
Support should appear at near 1334.00 and 1322.

NAsdaq Composite
Resistance should appear near 2829.00 and 2874.00 to 2883.00
Support should appear near 2775.00 to 2758.00 .

SEPT E-Mini NasdaQ 100
 Resistance should appear near the 2411.00 to 2419.00 region..  
Support should appear near  2354 and 2322.00 to 2315.00

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 848.40 to 849.90 and the 856.00 to 858.90 .
Support should appear near 83140 to 8300 and 822.30 to 819.40  

SEPT 30 YR BOND
Resistance should appear near 123-21 and 124-07.
Support should appear near 122-21 and 122-07.

SEPT 10 yr Note
 Resistance should appear near 122-21 and 123-07.
Support should appear near 121-21 and 121-07.
                        

                            The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513 and the 7587 to 7601 region.        
Support should appear near 7428 to 7414 and the 7342 to 7328 region.   
 
SEPT JAPANESE Yen
 Resistance should appear near 12530 and the12680 to 12740 region.
Support should appear near 12320 and the 12030 to 11920 region.                    

SEPT EURO currency
 Support should appear near 14370 and the14210 to 14150 region. BW Traders can buy at 14207 and hold for higher prices. Risk a close under 14137 for three days in a row.
Resistance should appear near 14530 to 14590, a close over is friendly and augurs for a test of 14715 and the 14840 to 14960 region.   
SEPT SWISS FRANC
 Resistance should appear near 11920 to 12030 and the 12320 to 12380 region.  
Support should appear near 11690 to 11640 and the 11360 to 11300 region   

SEPT BRITISH POUND
Support should appear near 15927 and the 15760 to 15690 region.  
Resistance should appear near 16090 to 16150
SEPT CanadIAN Dollar
 Resistance should appear near 10470 and the 10580 to 10680 region.  
Support should appear near 10360 to 10320 and 10237. BW Traders can buy at 10241 and hold for higher prices.   
SEPT AUSSIE DOLLAR
 Resistance should appear near  10630 to 10680
Support should appear near 10580 and 10470.
                               The Precious Metals
 AUGUST gold
 Resistance should appear near the 1529.0 to 1535.0 region.    
Support is near 1496.0 to 1484.0

SEPT COPPER
 Resistance should appear near the 43700 to 43810 region.
Support should appear near 42490 to 42380    

SEPT Silver 
 Resistance should appear near 3553 to 3563 and 3613 to 3623  
Support is at 3443 to 3425 and 3386 to 3377                                           

                                 The Exciting Energies  
AUGUST CRUDE Oil
Resistance should appear near the  9706 to 9737 region Beyond that sellers should appear near 9921 to 9937
Support should appear near 9542 to 9526 and 9347 to 9316.   

august HeaTING Oil
 Support should appear near 28830 to 28740.
Resistance should appear near 30360 to 30450           
august UNLEADED Gas
 Support should appear at 28830 to 28720   
Resistance should appear near 30360 to 30450

august NATURAL Gas
Support should appear at 43150 to 4304     
Resistance should appear near 4425 to 4446.                                                                 


                                THE GRANDE’ GRAINS
 NOVEMBER SOYBEANS
Resistance should appear  1334 to 1346  
Support should appear near 1310 to 1304  

AUGUST SOYMEAL
Resistance should appear near  355.3 to 356.3  .          
Support should appear near 342.5 and the 338.6 to 337.7 region.

AUGUST BEAN OIL
Resistance should appear near 5553 to 5577 and  5640 to 5653         
Support should appear near 5504 to 5492 and 5430 to 5418.

DEC CORN
Resistance should appear near 610 ¼ to 611 ¾ and the 633 ¾ to 635 region.      
Support should appear 572 ¾ to 571 ¾ and the 557 ¾ to 555 ¼ region.

SEPT WHEAT
Resistance should appear near the 665 ¾ to 667 ¼ region.
Support should appear 603 ½ to 602 ¾. BW Traders can buy at 603 and hold for higher prices. . Risk  close under 584 ¾ for three days in a row.  
                                     
                                               THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 11300 and  11175.BW Traders can buy at 11182 for a bounce and
risk a close under 11157 for three days in a row.  
Resistance should appear near 11360, a close over is friendly and augurs for a test of the 11640 to 11690 region.   BW Traders should go long if a close over 11367 occurs.

 

AUGUST HOGS

Resistance should appear near 9427 to 9447 and the 9522 to 9542 region.   
Support should appear near 9347 to 9312 and 9237.
BW Traders should go long if a close over 9352 occurs.

OCTOBER HOGS

Resistance should appear near 8762 to 8777 and the 8857 to 8872 region.  
Support should appear near 8682 to 8667 and the 8592 to 8562 region
Stay tuned for livestock flashes and updates

                                   The Satisfying Softs
 SEPT COFFEE
Support should appear near 26720 to 26630    
Resistance should appear near the 27160 to 27240 region.    

SEPT COCOA
Resistance should appear near the 3261 to 3270 region.          
Support should appear near 3157 to 3148     

  

OCT SUGAR
Resistance is at the 2820 to 2829 region. Beyond that sellers should appear near 2874 to 2883.
BW Traders can sell at 2871 and hold for lower prices.
Support should appear near 2724 to 2716, a close under is negative and augurs for a test of
2672 to 2663.  BW Traders should go short if a close under 2713 occurs.    

DEC COTTON
Resistance should appear near 11920 to 12030 
Support should appear near the 11360 to 11300 region.
BW Traders can buy at 11370 for a bounce and risk a close under 10930 for three days in a row.
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Tuesday July 05, 2011 10:35 PM South Florida Beach Time