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FuturesCom
Morning Investment Comments
Thursday March 31, 2011

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

 

Wednesday March 30, 2011
6:00 PM South Florida Beach Time

                          The Sensational Stock and bond Markets

Dow Jones Industrial Average
 Support should appear near 12,320.00 and 12,175.00
 Resistance should appear near 12,380.00 then 12,455.00 and 12,530.00

jUNE e-Mini sp500
 Resistance should appear near 1334.00 to 1346.00
Support should appear at near 1322.00, Day Traders can buy at 1322 and hold for higher prices.  Below that buyers should appear near 1310.00 to 1304.00

NAsdaq Composite
Resistance should appear near 2820.00 to 2829.00
Support should appear near 2775.00 to 2758.00                  

jUNE E-Mini NasdaQ 100
 Resistance should appear near  2354.00 to 2370.00
Support should appear near 2322.00 to 2315.00    
Day Traders can buy at 2322.5 and risk 10 points

JUNE  E-Mini RUSSELL 2000
 Resistance should appear near  848.40 to 849.90      
Support should appear near 822.30 to 819.40.
Day Traders can buy at 822.40 and risk 4.00 point s.

JUNE 30 YR BOND
Resistance should appear near 120-21 and 121-07
Support should appear near 119-21 and 119-07

June 10 yr Note
 Support should appear near 118-21 and 118-07
Resistance is at 119-21 and 120-07                                                     

                               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 12175 and 12320 to 12380
Support should appear near 12030 to 11920.  
 
June EURO currency
 Support should appear near 13990 and 13830 to 13770
Resistance should appear near 14150 to 14210.

June SWISS FRANC
 Resistance should appear near 10960 to 11010
BW Traders can sell at 10957 and risk a close over 11017 for three days in a row    
Support should appear near 10815 and 10757

JUNE BRITISH POUND
Support should appear near 15760 to 15690  BW Traders can buy at 15770
Resistance should appear near 16090 to 16150 .
JUNE CanadIAN Dollar
 Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104    
JUNE AUSSIE DOLLAR
 Resistance should appear near 10322 to 10362
Support should appear near 10136 to 10104.                           

 

                              The Precious Metals
 June gold
 Resistance should appear near 1453 to 1459
Support is near 1421 to 1415.Day Traders can buy  at 1422.50
MAY COPPER
 Resistance should appear near 43040 to 43150   
Support should appear near the 41830 to 41630

MAY Silver 
 Support should appear near 3682 to 3663 and 3623 to 3613
Day Traders can buy at 3683 for a bounce and risk a trade under 3662                   
Resistance is at 3743 and 3795 to 3803                           
                         The Exciting Energies  
May Crude Oil
Resistance should appear near 10580 to 10680    
Support should appear near 10360 to 10320  Day Traders can buy at 10377 and risk 70 cents

May HeaTING Oil
 Support should appear near 30360 and 29900 to 29720
Resistance should appear near 30920 to 31020 and 31480 to 31570                    

 May UNLEADED Gas
 Support should appear at 29900 to 29720 Day Traders can buy at 29910 and hold for higher prices
Resistance should appear near 30920 to 31020                     

May NATURAL Gas
Support should appear at 4249 to 4238
Resistance should appear near 4571 to 4582                                                               

                                 THE GRANDE’ GRAINS
 MAY SOYBEANS
Resistance should appear 1377 to 1383 , a trade over is friendly and augurs for a test of 1399
Consider being long on top of  1384       
Support should appear near  1361 ½  and 1346 to 1334
  
MAY SOYMEAL
Resistance should appear near  366.3 to 368.2       
Support should appear near 356.3 to 355.3          

MAY BEAN OIL
Resistance should appear near 5792 to 5805       
Support should appear near 5653 to 5640    
 
MAY CORN
Support should appear near 659 ¾ to 657 ¾ and 643 to 641         
Resistance should appear 680 ¾ to 683 ¾ and 690 ¾ to 691 ¾               

MAY WHEAT
Resistance should appear near 759 ¾ to 760 ¾
Support should appear near 717 to 714 ¼.. Failure augurs for a test of 691 ¾ to 690 ¾
Trade Accordingly   

                                         THE LIVELY LIVESTOCK

JUNE CATTLE
Support should appear near 11817 and 11690 to 11640   
Resistance should appear near 11920 to 12030       

JUNE HOGS
Resistance should appear near 10322 to 10362 and 10477
Support should appear near  10237 and 10137 to 10102                        

                              The Satisfying Softs
 MAY COFFEE
Support should appear near 25680 to 25520
Resistance should appear near 26630 to 26720.
Day Traders can sell at 26625 and hold for lower prices.   

MAY COCOA
Resistance should appear near 3092 to 3102     
Support should appear near 2937 to 2928   

 

MAY SUGAR
Resistance is at 2820 to 2829
Support should appear near 2620 to 2612   

 
MAY COTTON
Resistance should appear near 19820 to 19960. Day Traders Who Sleep on a Bed of Nails can sell at 19790 and hold for lower prices   

Support should appear near 19090 to 19020  

           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   Bill wil@futurescom.com  
Wednesday March 30, 2011   7:50 PM South Florida Beach Time