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FuturesCom
Morning Investment Comments
Wednesday  JUNE 01, 2011 

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

 

“Accomplishments will prove to be a journey, not a destination.” -Dwight D. Eisenhower-

 

Wednesday June 1, 2011
5:00 AM South Florida Beach Time           
                          The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,380.00 to 12,320.00
 Resistance should appear near 12,680.00 to 12,740.00

JUNE e-Mini sp500
 Resistance should appear near 1377.00 to 1383.00  
Support should appear at near  1340.00 to 1334.00  
 Aggressive BW Traders can go long if a close over 1347.00 occurs

 

NAsdaq Composite
Resistance should appear near 2863.00 to 2872.00    
Support should appear near 2829.00 to 2820.00   

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2411.00 to 2419
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 840.60 to 839.10

SEPT 30 YR BOND
Resistance should appear near 125-07 and 125-21
Support should appear near 124-07 and 123-21.  

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

                             The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7513 and 7550     
Support should appear near the 7428 to 7414     
 
sept JAPANESE Yen
 Resistance should appear near 12380 and 12530
Support should appear near 12175 and 12030 to 11920                   

June EURO currency
 Support should appear near  14210 to 14150  
Resistance should appear near 14530 to 14590

June SWISS FRANC
 Resistance should appear near 11920 to 12030
Support should appear near 11690 to 11640

JUNE BRITISH POUND
Support should appear near 16420 and 16237
Resistance should appear near 16550 and 16720

JUNE CanadIAN Dollar
 Resistance should appear near 10320 to 10360            
Support should appear near 10237 and 10136 to 10104 region. .

JUNE AUSSIE DOLLAR
 Resistance should appear near 10817 and 10960 to 11010. BW Traders can sell at
10812 and hold for lower prices.
Support should appear near 10630 to10580
            

 

                                 The Precious Metals
 August gold
 Resistance should appear near the 1569.0 to 1576.0   
Support is near 1529 and 1515.50        
JulY COPPER
 Resistance should appear near 41830 and the 42380 to 42490 region
BW Traders can sell at 42370 and hold for lower prices.  
Support should appear near 41200 to 41100

july Silver 
 Resistance should appear near 3858 to 3867 and the 3909 to 3929 region , which should cap a rally  
Support is at 3623 to 3613 and the 3563 to 3553 region.                                            

                                   The Exciting Energies  

JUly Crude Oil
Resistance should appear near 10320 to 10360 and 10580 to 10680
Support should appear 10136 to 10104 and 9937 to 9921  
JUly HeaTING Oil
 Support should appear near 29900 to 29720
Resistance should appear near 30920 to 31020         


JUly UNLEADED Gas
 Support should appear at 29900 to 29730
Resistance should appear near 30920 to 31020. 

July NATURAL Gas
Support should appear at 4446 to 4425   
Resistance should appear near 4775 to 4785                                                                
 
                              THE GRANDE’ GRAINS
 JULY SOYBEANS
Resistance should appear 1377 to 1383
Support should appear near 1346 to 1334

JULY SOYMEAL
Resistance should appear near 366.2 to 368.3
BW Traders can sell at 373.10 and risk a close over 380.9 for three days in a row.         
Support should appear near 344.3 to 342.5 region.  

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

JULY CORN
Resistance should appear near 776 ¾ to 777 ¾.   
Support should appear 734 ¼ to 732 ¾

JULY WHEAT
Support should appear near 734 ¼ to 732 ¾  
Resistance  should appear near 783 ¾ to 786 ½  

                                    
                                               THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 10360 to 10320  
Resistance should appear near 10580 to 10680. 

JULY HOGS

Resistance should appear near 9042 to 9062  
Support should appear near 8687 to 8667  

                                  The Satisfying Softs
 JULY COFFEE
Support should appear near 25680 to 25520 and the 24690 to 24610 region.
Resistance should appear near the 26630 to 26720 region. Beyond that sellers should appear near 27160 to 27240 and the 27580 to 27750 region. BW Traders can sell at 27150 and hold for lower prices. BW Traders should go short if a close under 255.10 occurs.

JULY COCOA
Resistance should appear near 3036 to 3045 and 3092 to 3102.        
Support should appear near 2937 to 2928 and 2829 to 2820    

 

JULY SUGAR
Resistance is at 2354 to 2370
Support should appear near 2134 to 2126 and 2089 to 2080...BW Traders can buy at 2091
 and hold for higher prices. , risk a close under 2027 for three days in a row.  

JULY COTTON
Resistance should appear near 16420 to 16550

Support should appear 15350 to 15290
 
           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!  
Bill wil@futurescom.com  

Wednesday June 01 2011 6:30 AM South Florida Beach Time