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FuturesCom
Morning Investment Comments
Tuesday March 15, 2011

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

 

Monday March 14, 2011
5:00 PM South Florida Beach Time

                          The Sensational Stock and bond Markets
Dow Jones Industrial Average
 Support should appear near 11,920.00 and 11,820.00   
 Resistance should appear near 12,030.00 and 12,175.00. 

jUNE e-Mini sp500
 Resistance should appear near 1304.00 to 1310.00 and the 1334.00 to 1346.00 region.  
Support should appear at near 1274.00 to 1268.00. BW Traders can buy at 1274.75 for a bounce and hold for higher prices.   Below that buyers should appear near 1232.00 to 1238.00. 

NAsdaq Composite
Resistance should appear near 2716.00 to 2724.00      
Support should appear near 2672.00 to 2663.00   .                   

jUNE E-Mini NasdaQ 100
 Resistance should appear near 2315.00 to 2322.00 and the 2758.00 to 2775.00 region
Support should appear near 2275.00 to 2267 and the 2226.00 to 2219.00 region  

JUNE  E-Mini RUSSELL 2000
 Resistance should appear near 802.90 to 804.40 and 811.90 to 813.40.    
Support should appear near 795.40 to 793.90 and the 786.40 to 783.60 region. Below that buyers should appear near 777.70 to 776.30. BW Traders can buy at 777.80 for a bounce and risk a close under 767.40 for three days in row.
    
JUNE 30 YR BOND
Resistance should appear near 121-07 and 121-21
Support should appear near 119-21 and 119-07

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

 

                               The Frenzied Forex Front
 June dOLLAR iNDEX
 Resistance should appear near 7675 to 7689       
Support should appear near 7601 to 7587   
 
June JAPANESE Yen
 Resistance should appear near 12320 to 12380
Support should appear near 12175 and the 12030 to 11920 region.
              
June EURO currency
 Support should appear near 13830 to 13770 and 13615  
Resistance should appear near  13990 and the 14150 to 14210 region  
June SWISS FRANC
 Resistance should appear near the10960 to 11010 region
Support should appear near the 10680 to 10580 region

JUNE BRITISH POUND
Support should appear near 16150 to 16090     
Resistance should appear near  16420 to 16550
JUNE CanadIAN Dollar
 Resistance should appear near 10320 to 10360              
Support should appear near 10185 and 10136 to 10104    
JUNE AUSSIE DOLLAR
 Resistance should appear near 10104 to 10136 
Support should appear near  9937 to 9921         

                                    The Precious Metals

April gold
 Resistance should appear near 1438 and the 1453 to 1459 region
Support is near 1421 to 1415 and 1399    

MAY COPPER
 Resistance should appear near 43040 to 43150     
Support should appear near  41200 to 41100

MAY Silver 
 Support should appear near 3563 to 3553 and 3503 to 3493                   
Resistance is at  3613 to 3623 and the 3663 to 3682                                         
                                    The Exciting Energies  

April Crude Oil
Resistance should appear near 10320 to 13060 and 10580 to 10680
Support should appear near 10136 to 10104 and 10037 to 10021.

april HeaTING Oil
 Support should appear near 30450 to 30360 and 29900 to 29720
Resistance should appear near the 30920 to 31020 region                    

april UNLEADED Gas
 Support should appear at 29370 to 29320 and 28830 to 28740
Resistance should appear near 30360 to 30450 and 30920 to 31030                    

april NATURAL Gas
Support should appear at 3806 to 3795    
Resistance should appear near 3982 to 3992                                                                
  

 

                                 THE GRANDE’ GRAINS
 MAY SOYBEANS
Resistance should appear 1361 ½ and 1377 to 1383.         
Support should appear near 1334 and 1310 to 1304.

MAY SOYMEAL
Resistance should appear near  361.3 to 362.3 and the 366.2 to 368.3 region        
Support should appear near  350.3 to 349.3 and 344.3 to 342.5        

MAY BEAN OIL
Resistance should appear near 5640 to 5653 and 5716 to 5729       
Support should appear near 5504 to 5492 and the 5430 to 5418 region    
 

MAY CORN
Support should appear near 650 ¾ to 648 ¾ and the 643 to 641 ¾ region       
Resistance should appear 674 ¾ to 675 ½ and the 690 ¾ to 691 ¾ region.               

MAY WHEAT
Resistance should appear near 759 ¾ to 760 ¼ and 773 ¾ to 777 ¾
Support should appear near 717 to 714 ¼ and the 691 ¾ to 690 ¾ region

                                           THE LIVELY LIVESTOCK

APRIL CATTLE
Support should appear near 11640 and 11500    
Resistance should appear near 11690 and 11815      

APRIL HOGS

Resistance should appear near 8667 to 8682 and 8762 to 8777   
Support should appear near 8592 to 8557 and 8502 to 8482

JUNE HOGS

Support should appear near  9737 to 9707 and  9642 to 9622  
Resistance should appear near  9822 to 9837 and 9922 to 9937                                                                                                    

                            The Satisfying Softs
 MAY COFFEE
Support should appear near 27240 to 27160 and the 26720 to 26630 region.
Resistance should appear near 28200 to 28290 and the 28740 to 28830 region.    

MAY COCOA
Resistance should appear near 3425 to 3443 and 3493 to 3503      
Support should appear near 3328 to 3319 and 3213 to 3194  

 

MAY SUGAR
Resistance is at 2820 to 2829 and 2972 to 2990.
Support should appear near 2672 to 2663 and the 2568 to 2552 region  

 
MAY COTTON
Resistance should appear near 20340 to 20420    

Support should appear near the 18820 to 18080 region

 

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

Monday March 14, 2011   5:45 PM South Florida Beach Time