Economic and Investment Trend Analysis - Socio Economics - Forex - Bonds - Dow Jones - Nasdaq - SP500-
Precious Metals - Energy - Livestock - Grains - Softs

FuturesCom Investment Publications
Morning Comments, Friday Feb 15th, 2002
Experienced Since 1979 - Serving Professional and Individual Traders World Wide since 1988
7690 Rockport Circle, Lake Worth, Florida 33467 Tel: 1-561-433-2995 http://www.futurescom.com
Description of Services Premier Service

Thursday Feb 14th , 2001
3:15 PM Eastern Standard Time

The Frenzied Forex Front

March Yen
Recommended open Position Long at 7554
Support should appear near 7552 and 7513 to 7486.
Resistance should appear near 7601.

March Euro Currency (EC)
Support should appear near 8723 and the 8683 to 8668 region
Resistance is at 8762 to 8777, a close over 8777 is friendly and augurs for a test of 8816 and the 8856 to 8871 region. BW traders should go long if a close over 8777 occurs.

March Swiss Franc
Resistance should appear near 5912 and 5945 to 5957.

Support should appear near the 5880 to 5855 region.. a close under 5855 is negative and augurs for a test of 5805 to 5795  BW Traders should go short if a close under 5854 occurs..

March British Pound
Support should appear near 1.4272 and the 1.4210 to 1.4150 region
Resistance is at 1.4336 and 1.4372

March Canadian Dollar
Support should appear at 6271 to 6256 and 6227
Resistance is at 6305 , a close over 6305 is friendly and augurs for a test of the 6337 to 6350 region

March Aussie Dollar
Support is at 5139 to 5127 and 5098
Resistance should appear near 5176 and the 5200 to 5211 region

                                                         The Sensational Stocks and Bonds

Dow Jones Industrial Average
Resistance should appear near 10,021 to 10,037 and the 10,070.
Support should appear near 9979 and the 9937 to 9921 region.

March SP500
Recommended Open position Short at 1115.40
Resistance should appear near 1122.70 then 1130 and 1133 to 1136

Support should appear at 1115.50 and 1108.70.. Below that a test of the 1101 to 1098 region is likely

Nasdaq Composite
Resistance is at 1858 to 1865, beyond that sellers should appear near 1902 to 1909
Support is at 1840 and the 1822 to 1808 region..

Pick Your Poison…

March Mini Nasdaq 100
Nearby Resistance is at 1496 and 1529 to 1535.

Nearby support is at 1459 to 1453

Trade Accordingly and Stay tuned….

March 10 Year T-Note
Resistance should appear near 106-23 and 107-07

Support is at 106-07 and 105-23 then 105-12.

Precious Metals

April Gold
Support should appear near the 299 to 297.2 region. Under that support is 293.7 to 292.8
.BW Traders can buy at 293.8 or better and hold for higher prices..

Resistance is at 303.6 to 304.5

BW Traders should go long if a close over 304.5 occurs

March Copper
Recommended Open Position Long at 7515
Support should appear near 7430 to 7415 and the 7345 to 7325 region

Resistance should appear near 7485 to 7515 and 7585 to 7600

March Silver
Recommended Open Position Long 2 at 445.7 avg
Support should appear near 451.5 to 450.5 and 444.5 to 442.

Resistance is at 457 to 458.5 , beyond that a test of the 463.5 to 465 region is likely to occur..
Beyond that a trade towards the 463.5 to 465 region is likely.

The Exciting Energies

March Crude Oil
Support should appear near 2088 to 2080 and 2042 to 2034 under that buyers should appear near the 1996 to 1982.

Resistance is at 2126 to 2134 and the 2170 to 2185 region.

March Unleaded Gas
Support should appear near 6025 and 5960 to 5945 then 5880 to 5855.

Resistance is at 6100 to 6115 and 6165 to 6190 then 6255 to 6270.

March Heating Oil
Resistance is at 5555 to 5580 and the 5645 to 5655 region. Beyond that sellers should appear
near 5715 to 5730

Support should appear near 5505 to 5490 and 5430 to 5415.
.

The Lively Livestock

April Live Cattle
Recommended Open Position Long 7602
Support should appear near 7587 and 7552 . Below that support should appear near 7512 to 7487.

Resistance is at 7637 and 7672 to 7692

April Hogs
Recommended Open Position Short at 6017
Nearby Support is at 5957 to 5942 and the 5882 to 5857 region...

Resistance is at 6022 to 6037 then 6067 and the 6102 to 6112 region.

June Hogs
Support is at 6592 to 6577 and the 6512 to 6482 region ..

Resistance is at the 6657 to 6672 and 6742 to 6757..

March Pork Bellies
Support should appear at 7432 to 7412 and the 7342 to 7327 region. Under that buyers should appear near 7257 to 7242 and the 7172 to 7142 region BW Traders can buy at 7262 and hold for higher prices..

Resistance is at 7487 to 7512 and the 7587 to 7602 region. Beyond that sellers should appear near
the 7672 to 7687 region.

-Stay tuned for Livestock and Belly Updates and Flashes-

The Grande' Grains

March Soybeans
Recommended Open Position Long at 436

Resistance is at 437 to 438 1/2 and 442 1/2 to 444 3/4 .
Support should appear near 431 1/2 to 430 1/2

March Soybean Meal
Recommended Open Position Long at 149.8
Support should appear near 148.4 and 145.9 to 145.3.
BW Traders can buy at 145.9 for a bounce and risk a close under 145.3 for three days in a row.

Resistance is at 149.6 and152.9 to 153.5.

March Soybean Oil
Support is near 1535 to 1529 and 1496 to 1484 ..

Resistance is at 1569 to 1576 and 1592.

March Corn
Resistance should appear near 208 to 208 3/4

Support is at 206 1/2 and the 204 1/4 to 203 1/2 region
BW Traders should go, long if a close over 208 3/4 occurs..

March Wheat
Nearby Support should appear near 279 1/4.. Below that buyers should appear near 277 1/2 to 275 3/4

Resistance is at 282 to 282 3/4
Aggressive BW Traders should go long if a close over 282 3/4 occurs..

The Satisfying Softs

May Cotton
Recommended Open position Long at 3860
Support should appear near the 3745 to 3735 and 3685 to 3665
Resistance is at 3795 to 3805 then 3855 to 3865

May Coffee
Recommended Open Position: Long 4655
Support is near 46509 to 4635 and 4580 to 4570

Resistance should appear near 4695 to 4715

May Sugar
Support should appear near the 562 to 559 and the 539 to 534 region.

Resistance should appear near 582 to 586, a close over augurs for a test of 601 to 609

BW Traders should go long if a close over 586 occurs.

May Cocoa
Resistance is at 1484 to 1496, a close over is friendly and augurs for a test 1529 to 1535 ..

Support should appear near 1453 and the 1421 to 1415 region. BW Traders can buy at 1422 and hold for higher prices..

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

Happy Trading !
Bill
bill@futurescom.com

1--561-433-2995
Thursday February 14th 2002
4:30 PM

THIS PUBLICATION 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.