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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 April 30th, 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

Courage in a Speculator is merely confidence to act on the decision of his mind

Monday April 29th, 2002
2:00 PM Eastern Standard Time

On the Frenzied Forex Front

June Yen
Recommended open BW Position, Long at 7796
Support should appear near 7807 and 7777 to 7762 ..traders can buy at 7772 and hold for higher prices

Resistance should appear near 7836 to 7864 and the 7939 to 7954 region...

June Euro Currency (EC)
Recommended open BW position, long at 8961
Support should appear at 9004 then 8964 to 8934 and 8902 ..

Resistance is at 9044 to 9060

June Swiss Franc
Recommended open BW position long at 6141
Resistance should appear near 6190 then 6223 and the 6257 to 6270 region.
Support should appear near 6165 and 6138..

June British Pound
Support should appear near 1.4530 and 144.72 then 144.36
Resistance is at 1.4590... beyond that a test of 1.4710 is likely.

June Canadian Dollar
Support should appear at 6350 to 6337 ..

Resistance is at 6384 and the 6417 to 6430 region.

June Aussie Dollar
Support is at 5356 to 5344 and 5313.. Below that Buyers should appear near 5282 to 5259.
BW Traders can buy at 5315 and risk a close under 5256 for three days in a row
Resistance is at 5384 the 5418 to 5430 region.

The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 9879 and 9921 to 9937 .
Support should appear near the 9837 to 9822 region .

June SP500
Recommended open Bw Position long at 1068.10

Resistance is at 1075 and 1082.. Beyond that sellers should appear near 1089 and 1096 to 1101
Support should appear near the 1063 to 1058 region.

*Stay Tuned for BW Updates and additional trades during the trading sessions..

Nasdaq Composite
Resistance is at 1672 and 1689 to 1696 .
Support should appear near 1642 .. under that a test of 1615 to 1609 is likely.

June Mini Nasdaq 100
Resistance is at 1253 and 1268 to 1274 and 1289..
Nearby support is at the 1238 to 1232 region under that a test of 1203 to 1192 is likely.

June 10 Year T-Note
Recommended open BW position short at 105-11
Resistance should appear near 105-27 and 106-04
Support is at 105-12 and 105-04

Precious Metals

June Gold
Recommended open BW position long at 304.6
Support should appear at 310.2 to 309.2 and 306.8 under that buyers should appear near 304.5 to 303.6
Below that BW Traders can buy at 299.1 and hold for higher prices, initially plan on risking a close under 292.6 for three days in a row..

Resistance is at 314.8 to 315.7 and the 319.4 to 321.3 region.

July Copper
Recommended open BW position long at 7495
Support should appear near 7345 to 7320 and the 7255 to 7240 region.
Resistance should appear near 7430 and 7485 to 7515.

July Silver
Recommended open BW position long at 459.5
Support should appear near 465 to 463.5 and 458.5 to 457 under that 451.5 to 450.5 should hold.. BW Traders can buy at 450.5 and hold for higher prices, initially plan on risking a close under 442 1/2 for three days in a row..

Resistance is at 469.5 to 471.5 and the 477 to 478.5 region.
Stay tuned for Updates

The Exciting Energies

June Crude Oil
Recommended open BW position , long at 2673
Support should appear near 2724 to 2716 and 2672 to 2663
Resistance is at 2758 to 2775 and the 2820 to 2829 region.

June Unleaded Gas
Support should appear near 8135 to 8115 and 8045 to 8025 .

Resistance is at 8385 to 8405 and the 8480 to 8505 region .

June Heating Oil

Resistance is at 7005 and 7070 to 7090.. Beyond that a test of 7140 to 7170 is likely to occur..
Support should appear near 6920 to 6910 and the 6835 to 6810 region.

The Lively Livestock

June Live Cattle
Support should appear near 6192 to 6162 and the 6117 to 6102 region.

Resistance is at 6257 to 6272 and the 6337 to 6352.region.

June Hogs
Support is at the 4497 to 4972
Resistance is at 5127 to 5142 and the 5200 to 5212 region.

May Pork Bellies
Support should appear near 6592 to 6577 and the 6432 to 6417 region.
Resistance is at 6657 to 6672 and 6742 to 6757 .

-Stay tuned for Livestock and Belly Updates and Flashes-

The Grande’ Grains

July Soybeans
Recommended open BW position , long 2 at 474 1/4
Resistance is at 469 1/2 to 471 3/4

Support should appear at 463 1/4 under that buyers should appear near 458 1/4 to 457 ..
Below that buyers should appear near 451 3/4 to 450 1/2

July Soybean Meal
Recommended open BW position long 157.7
Support should appear near 157.6 to 156.9 . Below that support at153.5 to 152.9 should contain a decline for a bit..

Resistance is at the 159.1 and the 160.9 to 161.5 region. |

July Soybean Oil
recommended open BW position long at 1691
Support is near 1642 and the 1615 to 1609 region. .
Resistance should appear near 1676 and the 1689 to 1696 region..

July Corn
Recommended open BW position long at 204 1/4
Resistance should appear near 203 1/2 to 204 3/4
Support is at 199 3/4 to 198 1/4 and 195 1/4 to 194 3/4

July Wheat
Recommended open Bw position long at 267 1/2
Support should appear at the 262 to 261 ¼ region.
Resistance is at 267 3/4 and 269 1/2

                                                  The Satisfying Softs

July Cocoa
Recommended open BW position long at 1530
Resistance is at 1484 to 1496 and 1529 to 1535
Support should appear near 1459 to 1453

July Coffee
Recommended open BW position long 2 at 5595 avg
Support is near 5140 to 5125 and 5070 to 5035
Resistance should appear near 5200 to 5210 and 5345 to 5355.

July Sugar
Recommended Open BW Potion Long at 541
Support should appear near 515 to 507 and 492 to 490.
Resistance should appear near the 534 to 538 region

Trade Accordingly

July Cotton
Support should appear near 3445 to 3425 and 3386 to 3377
Resistance is at 3553 to 3563 and 3610 to 3625

Trade Accordingly and stay tuned for updates..

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 April 29th, 2002
3:30 PM e.s.t.

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.