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Morning Comments Friday August 19th, 2005
Serving
Professional and Individual Traders World Wide since 1988
1650
SW Malmo Rd , Port St. Lucie , Florida 34953 - USA and Canada Toll Free :
1-866-409-3890
- Intl : 1- 772-621-4234
http://www.futurescom.com
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 2 at 1238.70 avg
Support should appear near 1217.50 and 1203.00 to 1192.00
Resistance should appear near 1232.00 to 1238.00
Nasdaq
Composite
Support should appear near 2134 to
2126
Resistance should appear near 2170 to 2185
Sept Mini Nasdaq 100
Recommended Open Position Long at 1577
Resistance should appear near 1609.00
to 1615.00
Support is at 1576.00 to 1569.00
Sept Mini Russell 2000
Recommended
Open Position Long at 675.6
Support is at 650.9 to 648.30.and
643 to 641.7
Resistance
should appear near 657.70 to 659.10 and 665.90 to 667.30
Sept 10 Year T-Note
Resistance
should appear near 111-22 and
112-07
Support
at 111-07 and 110-22
Sept
30 Yr T-Bond
Resistance should appear near
116-22 and 117-07
Support is
at 116-07
and 115-22..
The
Frenzied Forex Front
Sept
Yen
Resistance should appear near 9140 to
9156
Support should appear near 9060 to 9044
Trade accordingly .
Sept
Euro Currency (EC)
Support should appear at 12175.and
12030
Resistance should appear near 12320 to
12380
Sept Swiss Franc
Recommended open Position Short at 7990
Resistance should appear near 7901
and 7939 to 7954
Support should appear near 7864 to 7836
and 7807
Sept British Pound
Support should appear near 17800 to
17740
Resistance should appear near 17940 and 18080 to 18220
Sept Canadian
Dollar
Support
should appear near 8194 and 8134
to 8119
Resistance is at 8223 and 8300 to 8314
Sept Aussie Dollar
Resistance should appear near 7587 to
7601 and 7675 to 7689
Support should appear near 7513 and 7486 and 7428 to 7414
Precious
Metals
Dec Gold
Recommended
open Position Short 2 at 435.8
Resistance should appear at
450.4 to 451.4
Support is at 442.5
Support
Resistance should appear near 16090 to
16150.
Dec Silver
Support should appear near 692 to
690.5 and 683.5 to 680.5
Resistance is at the 707.5 to 708.5 and 714.5 to 717.0
The Exciting
Energies
Resistance
should
appear near 6417 to 6430 and 6483 to 6509
Support should appear near the 6270
to 6257 and 6190 to 6165
Oct Unleaded Gas
Resistance should appear near
18080 to 18220 and 18580 to 18650
Support should appear near 17800 to 17740
and the 17380 to 17310 region
Oct Heating Oil
Resistance should appear near 18580 to 18650 and
19020 to 19090
Support should appear near
18220 to 18080 and 17800 to 17740
The Lively Livestock
October
Cattle
Support should appear near 8047 to
8027 and 7957 to
7932
Resistance is at 8117 to 8137
and 8192 to 8222.. . BW Traders can sell at
8117 for a turn lower and risk a close over 8232
for three days in a row,
BW Traders should go short if a close under 7927 occurs.
October Hogs
Recommended open positions Short at 5942
Support is 6112 to 6102 and 6037 to 6022
Resistance is at 6162 to 6192
and 6257 to 6272
Stay tuned for Flashes and Updates
Recommended open Spread : Short Oct / long Dec at 140
February
Pork Bellies
Resistance should
appear near 8392 to 8407 and 8482 to 8502 .
Support is at 8317 to 8302 and 8222 to 8192
Resistance at 625
3/4 to 627 and 633 3/4 to 635
Support
should appear near 619 to 616 1/2 and
the 603 1/2 to 602 1/4 region.
Dec
Soymeal
Recommended open position Short at 193.4
Support should appear near 190.9 to
190.2 and 186.5 to 185.8.
Resistance should appear near 194.6
to 195.3 and 198.2 to 199.6.
Dec
Soybean Oil
Resistance should appear near 2315 to 2322
and 2354 to 2370
Support should
appear near 2275
to 2267 and 2226
to 2219 .
Resistance should appear near
226 3/4 to 227 1/2 and 231 1/2 to 232 1/4 .
Support is
at 222 3/4 to 221 3/4 and the 218 ½ to 217 region .
Dec
Wheat
Recommended
Open position Short at 331
Resistance should appear near 337 3/4 to 338 3/4 and
342 1/2 to 344 1/4 , BW traders can sell at 342 1/4 and
risk a close over 351 1/4 for three days in a row .
Support should appear near 332 3/4 to 331 3/4 and 327 to 326 1/4 .
The Satisfying Softs
Dec
'The Monster' Coffee
Support should
appear near 9935 to 9920 and the
9735 to 9705 region.
BW Traders Who sleep on a bed of Nails can buy at 9735 and hold for
higher prices..
Resistance should appear near 10020 to 10035 and 10105 to
10135
Dec
Support is at 1383 to 1377 and 1346 to 1334
BW Traders can buy at 1346 for a bounce and risk a close under 1264 for three
days in a row.
Resistance is at 1415 to 1421 and 1453 to 1459
Oct Sugar
Support should appear near 941 to 932
and 912 to 907
Resistance should appear near 968 to 972 and 1000 to 1005
Dec Cotton
Recommended open position Short at 4795
Support
should appear near 485 to 4775
and 4725 to 4695
Resistance should appear near 4845 to 4855 and 4915 to 4925.
..
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
Thursday August 18th , 2005
4:35 PM
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 8-16-2005
Long Sept 2 SP500 1238.70 avg
Long Sept Mini Nasdaq 1577
Long Sept Mini Russell 675.6
Short 2 Dec Gold 435.8
Short Sept Swiss Francs 7990
Short Oct Hogs 5942
Spread Short Oct / Long Dec Hogs 140
Short Dec Wheat 331
Short Dec Cotton 4795