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

FuturesCom Investment Publications
Morning Comments, Tuesday Feb 19th, 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

Monday Feb 18th , 2001
6:30 PM Eastern Standard Time

The Frenzied Forex Front

March Yen
Recommended open BW Position Long at 7554
Support should appear near 7513 to 7486
Resistance should appear near 7587 to 7601

March Euro Currency (EC)
Support should appear near 8683 to 8668 and 8532
Resistance is at 8723 and 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 the 1.4210 to 1.4150 and should hold
Resistance is at 1.4272 and 1.4336

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 9921 to 9937 and 9979
Support should appear near 9879 and the 9837 to 9822 region.

March SP500
Resistance should appear near 1108.70 and 1115.50

Support should appear at the 1101 to 1098 and 1096

Nasdaq Composite
Resistance is at 1808 to 1822 and 1840
Support is at 1780 to 1774.

Pick Your Poison…

March Mini Nasdaq 100
Nearby Resistance is at 1453 to 1459 and 1471.5.

Nearby support is at 1421 to 1415 and 1383 to 1377

Trade Accordingly and Stay tuned….

March 10 Year T-Note
Resistance should appear near 107-07 and the 107-21 to 107-23 region. Beyond that a test of 108-04 is likely.
Support is at 106-23 then 106-12 to 106-07

Precious Metals

April Gold
Support should appear near 297.2. 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 299 and 303.6 to 304.5
BW Traders should go long if a close over 304.5 occurs

March Copper
Recommended Open BW Position Long at 7515
Support should appear near 7325 and 7270 to 7255
Resistance should appear near 7415 to 7430

March Silver
Recommended Open BW Position Long at 453
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..

The Exciting Energies

April Crude Oil
Support should appear near 2134 to 2126 then 2088 to 2080 and 2042 to 2034
Resistance is at 2170 to 2185 and 2219 to 2226

March Unleaded Gas
Support should appear near 6045 to 6025 and 5960 to 5945 then 5880 to 5855.
Resistance is at 6115 and 6165 to 6190 then 6255 to 6270.

March Heating Oil
Resistance is at 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
Support should appear near 7552 . Below that support should appear near 7512 to 7487.
Resistance is at 7602 to 7637 and 7672 to 7692

April Hogs
Nearby Support is at 5882 to 5857 and 5807 to 5792 , which should contain a decline..
BWTraders can buy at 5807 and risk a close under 5712 for three days in a row.
Resistance is at 5942 to 5957 and 6022 to 6037.

June Hogs
Support is at 6577 and the 6512 to 6482 region Below that support should appear near 6432 to 6417.
.BW Traders can buy at 6432 and hold for higher prices going forward..

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

March Pork Bellies
Support should appear at 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
Resistance is at 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 BW 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 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 272 1/2 to 271 3/4
Resistance is at 277 1/2 and 279 1/4

The Satisfying Softs

May Cotton
Recommended Open BW position Long at 3860
Support should appear near the 3685 to 3665 and 3625 to 3610..
Resistance is at 3735 to 3745 and 3795 to 3805

May Coffee
Recommended Open BW Position: Long 4655
Support is near 4650 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
Monday February 18th 2002
7:35 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.