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FuturesCom Investment Publications
 Morning Comments Wed  June 15th,  2005
  Serving Professional and Individual Traders World Wide since 1988
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Tuesday  June 14th ,  2005
4:00  PM  Eastern time   
 Open BW Positions

 

                                      The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance should appear near 10580 to 10680.
Support should appear near 10470 and 10360 to 10320.

Sept SP500
Recommended Open position Long 1203.6
Resistance should appear near 1217.50 and 1232.00 to 1238.00
Support should appear near 1203.00 and 1197.50 to 1192.00.

Nasdaq Composite
Support remains near 2042.00 to 2034.00  
Resistance should appear near 2080.00 to 2089.00

Sept Mini Nasdaq 100
Resistance should appear near 1569.00  to 1576.00
Support is at 1535.00 to 1529.00..Below that buyers should appear near the 1496.00 to 1484.00 region. 
BW Traders can buy at 1497.00 and risk a close under 1451.00 for three days in a row.  

Sept Mini Russell 2000
Recommended open position Long at 637.30 
Support is at 635.00 to 633.70 and 627.00 to 625.70.
Resistance should appear near 641.70 to 643.00

Sept 10 Year T-Note  
Resistance should appear near 112-22 and 113-07 
Support  at 112-07 and 111-22

Sept 30 Yr  T-Bond 
Resistance should appear near 116-22 and 117-07
Support  at 116-07 and 115-22

                             The Frenzied Forex Front

Sept  Yen
Recommended open Position Short at 9297
Resistance should appear near 9237 and 9316 to 9347.  
Support should appear near  the 9156 to 9140 region. 

Sept Euro Currency (EC)
Recommended open position Short at 12162
Support should appear at 12030 to 11920  
Resistance should appear near 12175 and 12247 

Sept Swiss Franc
Resistance should appear near 7939 to 7954 and 8029 to 8044. Beyond that sellers should appear near 8119 to 8134.. 
BW Traders can sell at 8117 and risk a close over 8232 for three days in a row
Support should appear near 7864 to 7836 and 7777 to 7763

Sept British Pound
Support should appear near  17940 and 17800 to 17760 
Resistance should appear near 18080 to 18150 to 18220 
BW Traders should go short if a close under 17932 occurs

Sept  Canadian Dollar
Support should appear near 7954 to 7939 and  the 7864 to 7836 region 
Resistance is at 8029 to 8044 and the 8119 to 8134

Sept Aussie Dollar
Resistance should appear near 7601 and 7675 to 7689. 
 BW Traders can sell at 7675 and risk a close over 7696 for three days in a row .
Support should appear near 7513 to 7486 and 7428 to 7413 
BW Traders should go short if a close under 7482 occurs


                                                         Precious Metals
August Gold  
Resistance should appear at 430.4 to 431.5 and the 437.0 to 438.1 region.
BW Traders can sell at 436.9 and risk a close over 444.9 for three days in a row.
Support is at  424.90 to  423.8  and the  418.3 to 416.4 region.  
BW Traders should go short if a close under 416.2 occurs.

July Copper
Support 14960 to 14840 and 14590 to 14530
Resistance should appear near 15290 to 15350 and 15690 to 15760

July Silver 
Support should appear near 717 to 714.5 and 708.5 to 707.5
Resistance is at 732.5 to 734.5 and 741.5 to 742.5              


                             The Exciting Energies

July Crude Oil
Resistance should appear near 5553 to 5577 and the 5640 to 5653 region   . 
Support should appear near 5504 to 5492 and the 5430 to 5418 region  

July Unleaded Gas 
Resistance should appear near 15690 to 15760 and 16090 to 16150.. 
Support should appear near 15350 to 15290 and 14960 to 14840

July Heating Oil
Resistance should appear near 16420 top 16550 and 16890 to 16960  . 
Support should appear near 16150 to 16090 and the 15760 to 15690 region 

                                                       The Lively Livestock  

August  Cattle
Support should appear near 8047 to 8027 and the 7957 to 7937 region  
Resistance is at near 8117 to 8137 and the 8197 to 8227 region..    

July Hogs
Support is at  6672 to 6657 and 6592 to 6577 
Resistance is at 6807 to 6837 and 6907 to 6922 
 
 October Hogs
Support is at 5732 to 5717 and 5652 to 5637   
Resistance is at 5792 to 5807 and 5857 to 5882  

July Pork Bellies
Recommended open position short at 6922
Resistance should appear near 6742 to 6757 and 6807 to 6837 . 
Support is at 6672 to 6657 and the 6592 to 6577 region. 

 August Pork Bellies
Recommended open position Short at 6987
Resistance should appear near 6417 to 6432 and 6582 to 6512.
Support is at 6352 to 6337 and the 6272 to 6257 region   
                                    The Grande’ Grains
July Soybeans
Recommended open position short 667 1/4
Support is at 683 3/4 to 680 3/4 and 675 1/2 to 674  
Resistance should appear near 690 3/4 to 692 and the 699 to 700 1/4 region. 

July Soymeal
Recommended Open Position Short at 212.4
Support should appear near 218.5 to 217.0 and 213.4 to 212.6 
Resistance should appear near 221.9 to 222.6...Beyond that 226.7 to 227.5 should cap a rally.. 

July Soybean Oil
Resistance should appear near 2354 to 2370 and 2411 to 2419.
Support should appear near 2322 to 2315 and 2275 to 2267 

July Corn
 Support should appear near 218 1/2 to 217 and 213 1/2 to 212 3/4 
Resistance is at 221 3/4 to 222 3/4 and 231 1/2 to 232 1/4 . 

July CBOT Wheat
 Resistance should appear near 319 1/2 to 321 1/4 and 326 1/4 to 327 
Support should appear near 315 3/4 to 314 3/4 and 310 1/4 to 309 1/4  


                                                         The Satisfying Softs  

Sept 'The Monster' Coffee
Support  should appear near 11360 to 11300 and 11010 to 10960 
Resistance should appear near 11640 to 11690 and 11920 to 12030

Sept Cocoa
Support is at  1496 to 1484 and 1459 to 1453 
Resistance is at 1529 to 1535 and 1569 to 1576

Oct Sugar
Support should appear near 882 to 877 .  
Resistance should appear near 907 to 912.  

July Cotton
Support should appear near 4715 to 4695 and the 4650 to 4635 region. .
Resistance should appear near 4775 to 4795 and the 4845 to 4855 region 
- 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  June 14th , 2005
5:00  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 – 2005 all rights reserved Terms

 
BW Recommended Open Positions  6-14-2005
Long Sept SP500 1203.6
Long Sept Mini Russell 637.30
Short Sept Yen 9297
Short Sept EC 12162
Short August Pork Bellies 6987
Short July Soybeans 667 1/4
Short July Soymeal 212.4