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
Friday June 24, 2011 


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

 

                              

Make a plan and Trade it

Thursday June 23, 2011 10:00 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

SEPT E-Mini sp500
Resistance should appear near 1289.00 and the 1304.00 to 1310.00 region.
Support should appear at near o 1275.00 to 1268.00 and 1253.00, below that buyers should appear near 1238.00 to 1232.00.  BW Traders can buy at 1238.50 and risk close under 1231.75 for three days in a row.

NAsdaq Composite
Resistance
should appear near 2716.00 to 2724.00       
Support should appear near 2672.00 to 2663.00 and 2620.00 to 2612  

SEPT E-Mini NasdaQ 100
Resistance
should appear near 2267.00 to 2275.00
Support
should appear near 2226.00 to 2219.00.

SEPT E-
Mini RUSSELL 2000
Resistance
should appear near 811.90 to 813.40 and 819.40 to 822.30
Support should appear near 795.40 to 793.90 and 786.40 to 783.60  

SEPT 30 YR BOND
Resistance
should appear near 126-21and 127-07
Support should appear near 125-21 and 125-07.


SEPT 10 yr Note
Resistance should appear near 124-21 and 125-07
Support should appear near 123-21 and 123-07.


                             The Frenzied Forex Front
SEPT dOLLAR iNDEX
Resistance
should appear near 7587 to 7601      
Support should appear near 7513 to 7486  
 
SEPT JAPANESE Yen
Resistance
should appear near the12680 to 12740 region. 
Support should appear near 12380 to 12320         
           

SEPT EURO currency
Support should appear near 14210 to 14150 and 13990  
Resistance should appear near 14370 and 14530 to 14590

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

SEPT BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150

SEPT CanadIAN Dollar
Resistance
should appear near 10320 to 10360
Support should appear near 10136 to 10104

SEPT AUSSIE DOLLAR
Resistance should
appear near 10580 to 10680
Support should appear near 10360 to 10320.


                               The Precious Metals
AUGUST gold
Resistance
should appear near 1529 to 1535     
Support is near 1496 to 1484

SEPT COPPER
Resistance should appear near 41630 to 41830 
Support should appear near 40560 to 40460  

SEPT Silver 
Resistance
should appear near 3613 to 3623  
Support is at 3443 to 3425  
                                        
                                
The Exciting Energies  

AUGUST CRUDE Oil
Resistance should appear near9316 to 9347 and 9429 to 9447
Support should
appear near 9156 to 9140 and 9060 to 9044

august HeaTING Oil
Support
should appear near 27750 to 27580 and 27240 to 27160
Resistance should appear near 28740 to 28830 and 29280 to 29370          

august UNLEADED Gas
Support
should appear at 27750 to 27580 and 27240 to 27160.   
Resistance should appear near 28740 to 28830 and 29280 to 29370

august NATURAL Gas
Support
should appear at 4183 to 4163   
Resistance should appear near 4304 to 4315           
                                                      

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

AUGUST SOYMEAL
Resistance
should appear near 361.3 to 362..3 and 373.4 to 374.3.         
Support should appear near 344.5 to 342.5 and the 338.6 to 337.7 region.

AUGUST BEAN OIL
Resistance
should appear near 5640 to 5653 and 5716 to 5729.          
Support should appear near 5577 to 5553 and 5504 to 5492

SEPT CORN
Resistance should
appear near 680 ¾ to 683 ¾.   
Support should appear 643 to 641 ¾  

SEPT WHEAT
Resistance should
appear near 680 ¾ to 683 ¾      
Support should appear near 667 ¼ to 665 ¾                                  
 

                                               THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 11010 to 10960.
Resistance should appear near 11300 to 11360  

 

JULY HOGS

Resistance should appear near 9922 to 9937
Support should appear near 9737 to 9707

AUGUST HOGS

Resistance should appear near 9817 to 9837   
Support should appear near 9642 to 9622 region.

                                  The Satisfying Softs
SEPT COFFEE

Support should appear near 24690 to 24610 and 23700 to 23540. 
Resistance should appear near 25520 to 25680 and the 26120 to 26200.   

SEPT COCOA
Resistance should appear near 3092 to 3102 region.          
Support should appear
near 2937 to 2928     

 

OCT SUGAR
Resistance
is at the 2663 to 2672 region
Support should appear near 2519 to 2511

OCT COTTON
Resistance
should appear near 13340 to 13460   
Support should appear 12030 to 11920 . 
 
           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill
wil@futurescom.com  

Thursday June 23, 2011 11:35 PM South Florida Beach Time