FuturesCom Investment Publications
Morning Comments (MC)   Friday July 02, 1999
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Thursday July 01, 1999
8:40 PM 

Some Markets close early Friday and Monday all US Markets are closed.
In addition the Jun jobs report will be released in the AM.
FuturesCom plans to issue it's Bi-weekly Report on Saturday.
We wish everyone a Safe and Happy Fourth of July !!

Sept. Japanese-Yen

Nearby Support is at 8352 and 8337, day traders can buy at 8353 and hold for higher prices.. Under that buyers should appear near 8314 to 8307 and 8300.

Resistance is at 8381 and the 8391 to 8406. Beyond that sellers should

appear near 8437.

Resistance is at 5263 and 5271. Day traders can sell at 5271, risk 30 pts.

Support should appear at 5235 and 5211 to 5200.

Resistance is at 6431 Day traders can sell at 6231 for a turn lower , risk 30 pts.

Beyond that sellers should appear near 6282 and 6509...

Support is at 6417 and 6382 then 6350 to 6337.

Support should appear near 1.5726 to 1.5690 where it should hold for a bit..

Resistance is 1.5760 and 1.5778 Beyond that resistance is at 1.5836.

Support should appear at 6799 and 6782 under that 6755 to 6741 should contain a decline. Day traders can buy at 6755, risk 30 pts.

Resistance is at 6809 and 6822 , day traders can sell at 6822, risk 30 pts beyond that sellers should appear at 6836 then 6849 and 6867 BW Traders can sell at 6871 for a turn lower risk a close over 6906 for three days in a row. Beyond that resistance is near 6906 and 6919. Above

Support is at 263.6 and 259.30

Resistance is at 265.1 Beyond that resistance is at 267.90.

Nearby Support is at 7555, day traders can Buy at 7555 , risk

150 pts. Under that support should appear near the 7515 to 7480 and 7440

Below that 7375 should contain a decline ..

Nearby Resistance is at 7690 and 7765 then 7850

On the DownSide: support is at 526.5 to 525 Day traders can buy at 526 and hold for higher prices. Below that support is at 519.5 and 515.5 .

On the Upside. Nearby resistance is at 533 and 541.5 Beyond that sellers should

appear near 549.0 to 550.5

Trade Accordingly

Support is at 1923. Day traders can buy at 1926, risk 35 pts

Below that support is at 1903 and 1894 to 1883.

Resistance is at 1946 to 1953 beyond that resistance is at 1963 and 1982 to 1996.

Support is at 5622 and 5581 to 5570 day traders can buy at 5622 , risk 100 pts.

Below that support is at 5577 to 5553.

Resistance should appear near the 5777 to 5790 region and 5855 to 5880

Support is at 4855 to 4845 Day traders can buy at 4855 for a turn higher, risk 100pts Under that support is at 4787 and to 4775 and 4717 to 4695.

Resistance should appear near 4915 to 4926 and 4973 to 4995 then 5017
and 5056 to 5067.

Trade Accordingly.

Support is at 449 3/4 to 447 and 443

Nearby Resistance is at 455 1/2 to 457 and 460 3/4.

Support is at 133.60 and 129.3

Resistance is at 135.7 and 136.9 then 139.8

Resistance is at 1689 to 1696 and 1713 to 1720.

Support is at 215 and 214 to 213. .

Resistance is at 219 to 220 1/4 and 223 to 224.

Trade Accordingly.

Support is at 256 1/4 and 254 1/2.

Resistance is at 260 to 260 1/2 then 265 1/4

Support is at 5261 and 5211 to 5200.

Nearby Resistance is at 5323 then 5371 and 5418 to 5430.

Nearby Support is at 622 to 620 and 609 to 601 , day traders can buy at 605 and hold for higher prices...

Resistance should appear at 630 to 634 and 642, a close over 642 is friendly

Trade Accordingly

On the DownSide support is at 100.25 to 100.00 then 9940 to 9915.

Under that 98.35 to 9820 should hold.

Resistance is at 101.80 to 102.00, a close over 101.80 augurs for a test of 103.20 to 103.60 beyond that resistance is at 104.30 then 104.70 and 105.80.

Support should appear at 1036 to 1032 and 1025. Below that support is at 1019 and 1005 to 1000.

Resistance is at 1058 to 1068 and 1080. Beyond that good sellers should appear near 1096 to 1101. .

Support is at 6235 and 6207 to 6190, under that support is at 6162. Below that

support is at 6112 to 6102.

Trade accordingly

Support is at 3622 to 3612 and 3562 to 3537.

Resistance is at 3687 then 3757 and 3837.

Resistance is at 4537 and 4642.

On The DownSide support is at 115-15 and 115-00 Below that support is at

114-16 to 114-13

On the Upside Nearby Resistance is at 116-02 then 116-08 and 116-16. Beyond that a test of 117-00 is likely.

On the DownSide Support is at 1385.10, day traders can buy at 1385.10 and hold for higher prices..Below that support is at 1383.50 to 1383.. and 1380.20 / 1380 and 1377 where it should hold basis the close...Beneath that support is at 1367.50 and 1361.50. Which should contain a good decline.

A close under 1377 is negative and augurs for a test of 1361.5.

Resistance is at 1395.20 above that sellers should appear near 1399 to 1399.50 and 1404. A close over 1399 is friendly and indicates an eventual test of the 1415 to 1421

Resistance is at 11,094. then 11,130 and 11,151 to 11,176. Beyond that 11,255 should cap a rally.