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FuturesCom Investment Publications
Morning Comments  Wed March 1st 2006
 Serving Professional and Individual Traders World Wide since 1979
1650 SW Malmo Rd , Port St. Lucie ,  Florida 34953 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 772-621-4234  http://www.futurescom.com                                                    


Monday Feb 28th  2006
4:00 PM South Florida Beach Time
 
              

                                                                           The Sensational Stock and Bond Markets               

Dow Jones Industrial Average
Resistance
remains near 11,010.00 and 11,155.00. .
Support should appear near 10,960.00 and 10,820.00.  .

March SP500
Recommended open Position Long at 1289.7
Support should
appear near the  1274.00 to 1268.00 region. 
Resistance should appear near  the 1304.00 to 1310.00 region...
Stay tuned for Updates and Flashes

NASDAQ Composite
Support
should appear near 2275.00 to 2267.00
Resistance should appear near 2315.00 to 2322.00
Trade Accordingly 

March Mini Nasdaq 100
Recommended Open postion Long 1672.50
Resistance should appear near 1731.00 to 1738.00 region 
Support should appear near 1672.5 and 1655.00 to 1642.00

March Mini Russell 2000
Support
is at  725.50 to 724.20
Resistance should appear near  the 732.8 to 734.20   ..

June 10 Year T-Note  
Resistance
should appear near 108-07 and 108-21
Support
 is at 107.21 and
107-07..

June 30 Year  T-Bond
Resistance
should appear near 113-07 and 113-21
Support  is
at  112=21 and 112-07

Trade Accordingly

                                          The Frenzied Forex Front

June  Yen
Resistance
should appear near 8777 and the 8856 to 8872 region  .
BW Traders can sell at 8855 and risk a close over  8972 for three days in a row
Support should appear near.8683 to 8667

March  Euro Currency (EC)
Recommended open position short at 11920
Support should appear at 11920 and11805
Resistance should appear near 11975 to 12030

June  Euro Currency (EC)
Support
should appear at  11975 to 11920  ..
Resistance should appear near 12030. then 12102 to 12175
BW Traders can sell at 12175 and hold for lower prices.. 

June Swiss Franc
Resistance
should appear near 7762 to 7777. .
Support should appear near the 7689 to 7675 ..

June  British Pound
Support
should appear near 17380 to 17320
Resistance
should appear near 17560 and  17740 to 17800

June Canadian Dollar
Resistance
should appear near 8856  8871.
Support is at 8777 to 8762 ..   

June Aussie Dollar
Support
should appear near 7342 to 7328. ..  
Resistance should appear near  7414 to 7428

            
                                              Precious Metals

April Gold
Resistance
should appear at 565.3 and the 571.6 to 572.9 region.. .
Support is at  557.7 to 555.3 and 550.4 to 549.2

May Copper
Support
should appear near 20890 to 20800.and 20420 to 20340 
Resistance should appear near 21850  and 22190 to 22260

May Silver 
Support
should appear near the 954.5 to 94.0 region. A close under augurs for s test  of 934.5 to 931.5
Resistance
is at  982.0 to 983.5 and 992.0 to 993.5 region.

                                                  The Exciting Energies
 

April Crude Oil
Resistance
should appear near at 6257 to 6270 and 6337 to 6350..
Support should appear the 6113 to 6101 and 6035 to 6023 

April Unleaded Gas 
Resistance
should appear near 16090 to 16150 and 16420 to 16550
Support  should appear near 15760 to 15690 and the 15350 to 15290 region

April Heating Oil
Re
sistance
should appear at  17310 to 17380 and 17740 to 17800 ..
Support should appear near 16550 to 165420 and the 16150 to 16090  region.
Trade Accordingly .. . 


                                          The Lively Livestock
 
April  Cattle
Support
should appear near 8682 to 8667 and the 8592 to 8562 region....  ..   
Resistance is at  8762 to 8777 and the 8857 to 8872 region..

April Hogs
Recommended open positions Short 2  April Hogs 6142 avg
Spread: Short April Hogs 6275 / Long August Hogs 6445
Support  should appear near 6112 to 6102 and 6037 to 6022.
Resistance is at should appear near 6162 to 6192 and 6257 to 6272..


June  Hogs
Support
is at  6922 to 6907 , a close under is negative and augurs for a test of 6867 to 6837 .
Resistance should appear near 7072 to 7087 region..  Beyond that  sellers should appear near 7142 to 7172.

Stay Tuned for Flashes and Updates..

May Pork Bellies
Resistance
should appear near  9042 to 9062 and 9137 to 9157.
Support  is at 8872 to 8857 and 8777 to 8762 .  

March Pork Bellies
Recommended Open Position Short at 8300
 

                                     The Grande’ Grains

May Soybeans
Resistance
at  602 1/4 to 603 1/2 and 610 1/4  to 611 1/2
Support should appear near 588 to 585 1/2  and  580 1/2  to 579 1/4 .

May Soymeal
Resistance 
should appear near 177.4 to 178.0 and 180.8 to 182.2.
Support should appear near  173.8 to 173.1 and the 169.6 to 168.9 region.. 
BW  Traders can buy at 169.8 and risk a close under 156.4 for three days in a row.

May  Soybean Oil
Recommended open Position Long at 2397
Resistance should appear near 2411 to 2419 and 2461 to 2469
Support should appear near 2370 to 2354 and 2322 to 2315, below that buyers should appear near 2275 to 2267
BW Traders can buy at 2277 for a turn higher and risk a close under   2207  for three days in a row.

May  Corn
Resistance
should appear near  241 1/4 to 241 3/4 and the 246 1/4 to 247 region .
Support is at  237 to 235 1/2 and 232 1/4 to 231 1/2  ..

May Wheat
Resistance
should appear near 390 3/4 to 392 3/4 region.  Beyond that sellers should appear near 404 3/4 to 405 3/4 ..
Support should appear near 374 1/4 to 373 1/2 and  362 1/4 to 361 1/4

                                     

                                                          
   The Satisfying Softs

May  ‘ The Monster ' Coffee
Recommended open position long at 10980
Support  should appear near 11010 to 10960
Resistance  should appear near 11640 to 11690

Stay tuned for Flashes and Updates..

May Cocoa
Support
is at 1459 to 1453 and 1421 to 1415. .

Resistance
should appear near 1484 to 1496 and  1529 to 1535.

May  Sugar
Resistance
should appear near 1731 to 1736 and 1774 to 1780
Support
 should appear near  1696 toi 1689 and 1655 to1642 .

May Cotton
Support
should appear near 5430 to 5415 and 5355 to 5345 
Resistance should appear near 5555 to 5580 and 5640 to 5655

- A Ship in Harbor is Safe...But that is not what ships are built for -

Happy Trading !
Bill  wil@futurescom.com
1-866-409-3890
Tuesday February  28th  2006
4:50 PM  South Florida Beach Time
 

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 TRADING ARE 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.  PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  ADDITIONAL RISK DISCLOSURE IS AVAILABLE.
FuturesCom Investment Publications © copyright 1996 – 2006 all rights reserved Terms

BW Recommended Open Positions 2-28-2006
Long March SP500 1289.7
LOng March Mini Nasdaq 1672.5
Short March EC 11920
Short 2  April Hogs 6142 avg
Short  March Pork Bellies 8300
Spread: Short April Hogs 6275 / Long August Hogs 6445
Long May Soybean Oil 2397
Long  May Coffee 10980

 

 

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