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FuturesCom
Morning Investment Comments
FRIDAY JUNE 03, 2011 

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

 

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

Thursday June 2, 2011
11:45 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 1334.00 to 1346.00  
Support should appear at near 1310.00 to 1304.00  
 Aggressive BW Traders can go long if a close over 1347.00 occurs

 

NAsdaq Composite
Resistance should appear near 2820.00 to 2829.00    
Support should appear near 2758.00 and 2724.00   

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2354.00 to 2370
Support should appear near 2315.00 and 2275.00 to 2267

JUNE  E-Mini RUSSELL 2000
 Resistance should appear near 830.00 to 831.40 and 839.10 to 840.60
Support should appear near 813.40 to 811.90 and 804.40 to 802.90

SEPT 30 YR BOND
Resistance should appear near 126-07 and 126-21
Support should appear near 124-21 and 124-07  

SEPT 10 yr Note
 Resistance should appear near 123-21and 124-07
Support should appear near 122-21 and 122-07 


 

 

                             The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513    
Support should appear near the 7428 to 7414     
 
sept JAPANESE Yen
 Resistance should appear near 12530 and 12680 to 12740
Support should appear near 12380 to 12320                   

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 16150 to 16090
Resistance should appear near  16420 to 16550  
SEPT CanadIAN Dollar
 Resistance should appear near 10320 to 10360            
Support should appear near the 10136 to 10104 region. .

JUNE AUSSIE DOLLAR
 Resistance should appear near 10680 and 10817. BW Traders can sell at
10812 and hold for lower prices.
Support should appear near 10630 to 10580 and 10470
            
                                  The Precious Metals
 August gold
 Resistance should appear near the 1535 and 1569.0 to 1576.0   
Support is near 1515 and 1496 to 1484        
JulY COPPER
 Resistance should appear near 41630 to 41830 and 42380 to 42490
BW Traders can sell at 42370 and hold for lower prices
Support should appear near 40560 to 40460 and 39920 to 39820

july Silver 
 Resistance should appear near 3613 to 3623 and 3734 to 3743   
Support is at 3503 to 3493 and 3443 to 3425                                            

                                   The Exciting Energies  

JUly Crude Oil
Resistance should appear near 10104 to 10136 and 10320 to 10360
Support should appear  9937 to 9921 and 9837 to 9821

JUly HeaTING Oil
 Support should appear near 29900 to 29720
Resistance should appear near 30920 to 31020           
JUly UNLEADED Gas
 Support should appear at 29370 to 29280
Resistance should appear near 30360 to 30450 

July NATURAL Gas
Support should appear at 4514 to 4503  
Resistance should appear near 4845 to 4856                                                                
 
                              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
BW Traders can sell at 373.10 and risk a close over 380.9 for three days in a row.         
Support should appear near 356.3 to 355.3 and the 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 10467 and the 10580 to 10680 region   

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 25520 and the 24690 to 24610 region.
Resistance should appear near 26120 to 26200 and the 26630 to 26720 region.
BW Traders should go short if a close under 255.10 occurs.

JULY COCOA
Resistance should appear near 2972 to 2990.         
Support should appear near 2829 to 2820    

 

JULY SUGAR
Resistance is at 2411 to 2419
Support should appear near 2226 to 2219  

JULY COTTON
Resistance should appear near 16890 to 16960 and 17310 to 17380

BW Traders can sell at 16870, risk a close over 17900 for 3 days in a row

Support should appear 16550 to 16420 and 165150 to 16090  
 
           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!  
Bill wil@futurescom.com  

Friday June 03 2011 1:15 AM South Florida Beach Time