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Morning Comments Thursday August
25th, 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
Wed
August 24th 2005
5:45 PM Eastern time
Open BW Positions
The
Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance should
appear near 10470 and 10525 .
Support should appear near 10360 to 10320
Sept
SP500
Recommended
open position Long 2 at 1238.70 avg
Support should appear near 1203.00 to 1192.00
Resistance should appear near 1217.50 and 1232.00 to1238.00
Nasdaq
Composite
Support should appear near 2126 and
2089 to 2080
Resistance should appear near 2134 and 2170 to 2185
Sept Mini Nasdaq 100
Recommended Open Position Long at 1577
Resistance should appear near 1569 to
1576
Support is at 1535 to 1529
Sept Mini Russell 2000
Recommended
Open Position Long at 675.6
Support is at 650.9 to 648.30
and 643.00 to 641.70
Resistance
should appear near 657.70 to 659.10 and 665.90 to 667.30
Sept 10 Year T-Note
Resistance
should appear near 112-07 and
112-22
Support
at 111-22 and 111-07
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 and
9237
Support should appear near 9060 to 9044 and
8964 to 8934
Trade accordingly .
Sept
Euro Currency (EC)
Support should appear at the 12030 to 11920 region
Resistance should appear near 12320 to
12380
Sept Swiss Franc
Recommended open Position Short at 7990
Resistance should appear near 7939 to 7954 and
8029 to 8044
Support should appear near 7864 to 7836 and
7777 to 7763
Sept British Pound
Support should appear near 17800 to
17740
Resistance should appear near 18080 to 18220
Sept Canadian
Dollar
Support
should appear near 8314 to
8300
Resistance is at 8406 and 8484
to 8499
Sept Aussie Dollar
Resistance should appear near 7587 to
7601
Support should appear near 7513 to 7486
Precious
Metals
Dec Gold
Recommended
open Position Short 2 at 435.8
Resistance should appear at 442.5
to 444.6
Support is at 431.5 to
430.4
Support
Resistance should appear near the
16420 to16550 region
Dec Silver
Support should appear near 692 to
690.5 and the 683.5 to 680.5 region
Resistance is at 707.5 to 708.5 and the 714.5 to 717.0 region.
The Exciting
Energies
Resistance
should
appear near 6906 to 6919 and the 6990 to 7003 region
Support
should appear near 6673
to 6659 and 6509
to 6483
Oct Unleaded Gas
Resistance should appear near
19020 to 19090
Support should appear near 18220
to 18080
Oct Heating Oil
Resistance should appear near
20340 to 20420
Support should appear near 18650
to 18580
The Lively Livestock
October
Cattle
Recommended Open
Position Short at 8117
Support should appear near 8137 to
8117 and 8047 to
8027
Resistance is at 8222
and 8302
to 8317
October Hogs
Recommended open positions Short at 2 at 6112 avg
Support is 6112 to 6102 and 6037 to 6022
Resistance is at
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 8192 to 8222 and the 8297 to 8317 region .
Support is at 8037 to 8022 and the 7957 to 7937 region
Resistance at
616 1/2 to 619 and 633 3/4 to 635
Support
should appear near 611 1/4 to 610 1/4
Dec
Soymeal
Recommended open position Short at 193.4
Support should appear near 186.5 to
185.8
Resistance should appear near 194.6
to 195.3
Dec
Soybean Oil
Resistance should appear near 2315 to
2322 and 2354 to 2370
Support should
appear near 2226
to 2219 and 2185 to 2170
Dec Corn
Resistance should appear near
226 3/4 to 227 1/2 and 231 1/2 to 232 1/4 .
Support is
at 218 ½ to 217 213 1/2 to 212 3/4 .
Dec
Wheat
Recommended
Open position Short at 342 1/4
Resistance should appear near 331
3/4 to 332 3/4 and 337
3/4 to 338 3/4.
Support should appear near 321 1/4 to 319
1/2 and 315 3/4 to 314 3/4
The Satisfying Softs
Dec
'The Monster' Coffee
Support should
appear near 9935 to 9920 and the
9735 to 9705 region. BW Traders can buy at 9735 and hold for
higher prices...
Below that 9545 to 9525 should contain a decline
Resistance should appear near 10105 to 10135 and 10320 to 10360
Dec
Support is at 1346 to 1334 and 1310 to 1304.
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
Resistance should appear near 1000 to 1005
Dec Cotton
Recommended open position Short at 4795
Support
should appear near 4855 to 4845
and 4875 to 4775
Resistance should appear near 4970 to 4995 and the 5055 to 5070 region.
Beyond that sellers should appear near 5125 to 5140
BW Traders can sell at 5045 and risk a close over 5230 for three days in a
row.
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
Wed August 24th 2005
7:10 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 8-24-2005
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 2 Oct Hogs 6112 avg
Spread Short Oct / Long Dec Hogs 140
Short Dec Wheat 342 1/4
Short Dec Cotton 4795