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FuturesCom Investment Publications
Morning Comments  Tuesday January 10th 2006
 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                                                      



Monday January 9th  2006
2:00 PM  South Florida Beach Time
                                   

                                         The Sensational Stock and Bond Markets             

Dow Jones Industrial Average
Resistance
remains near the 11,155.00 and 11,300.00 to 11,360.00
Support should appear near  10,960.00 and 10,820  .

March SP500
Support should
appear near  1289.00 and the 1274.00 to 1268.00 region
Resistance should appear near the1304.00 to 1310.00  region

Traders Should Stay tuned  for Updates and Flashes

Nasdaq Composite
Support
should appear near the 2275 to 2267
Resistance should appear near 2322 and 2354 to 2370

March Mini Nasdaq 100
Resistance
should appear near 1774.00 to 1780.00
Support  
should appear near 1738.00 to 1731.00  

March Mini Russell 2000
Support
is at 700.30 to 699.00 and 691.90 to 690.60 .
Resistance should appear near 707.40 to 708.80 and 714.30 to 717.00

March 10 Year T-Note  
Resistance
should appear near 109-21 and 110-07
Support  should appear near 109-07 and  108-21

March 30 Year  T-Bond
Resistance
should appear near  114-07 and 114-21
Support  is
at 113-21 and  113-07                                             

                                            The Frenzied Forex Front

March  Yen
Recommended open position short at 8667
Resistance should appear near 8856 to 8871 
Support should appear near 8777 to 8762  
Aggressive BW Traders should go short if a close under 8757 occurs..

Trade Accordingly  and Stay tuned for Updated and Flashes

March  Euro Currency (EC)
Recommended open position short 2 at 12060 avg
Support should appear at  the  12030 to 11920 region  
Resistance
should appear near 12175 then 12247 and the 12320 to 12380 region

March Swiss Franc
Recommended open position short 2 at 7791 avg
Resistance
should appear near 7939 to 7954 and 8029 to 8044.
Support
should appear near the 7864 to 7836 and 7777 to 7763


March British Pound
Recommended Open Position Short at 17540
Support
should appear near 17380 to 17310 .
Resistance should appear near  17740 to 17800  .

March  Canadian Dollar
Resistance
should appear near 8589 and 8668 to 8683 .
Support is at  8499 to 8484

March Aussie Dollar
Recommended open position Short at 7412
Support should appear near 7428 to 7414  
Resistance should appear near 7587 to 7601

                                              Precious Metals

Feb Gold
Resistance
should appear near 555.5 to 557.5 and the 564.0 to 565.3 region .
BW Traders can sell at 555.0 and risk a close over 567.0 for three days in row 

Support
is at 543.0 to 541.8 and 535.6 to 534.4
Aggressive BW Traders should go short if a close under 525.2 occurs.

March Copper
Support
should appear near 2080 to 208.0 and 204.20 to 203.40 , a close under augurs for a test of  19090 to 19020  
Resistance
should appear near the 21260 to 21340 region ..Beyond that 21700  to 21850 should cap a rally..
Well Heeled ..BW Traders can sell at 216.50 and risk a close over 223.5 for three days in a row.
Aggressive BW  Traders should go short if a close under 202.50 occurs

March Silver 
Support
should appear near  915.5 to 914.0 then 906.0 to 904.0 and 887.0 to 885.5
Resistance is at 931.5 to 934.5.the 942.5 to 944.5 and 952.5 to 954.5

Trade Accordingly

 

The Exciting Energies

 

Feb  Crude Oil
Resistance
should appear near  6417 to 6430 the 6483 to 6509 and 6577 to 6591 
Support
should appear near 6270 to 6257 then 6190 to 6165 and 6113 to 6101

Feb Unleaded Gas 
Resistance
should appear near 17740 to 17800 and 18080 to 18220   
Support 
should appear near 17380 to 17310 and the 16960 to 16890 region 

Feb Heating Oil
Re
sistance
should appear at  18080 to 18220 and 19020 to 19090
Support should appear near 17380 to 17310 and 16550 to 16420


                                                                    The Lively Livestock
 

Feb  Cattle
Support
should appear near 9642 to 9627 and 9542 to 9527 , a close under is negative and augurs for a test of  9347 to 9317  
Resistance
is at  9707 to 9737 and 9822 to 9837  BW  Traders can sell at 9707 for a turn lower  and hold for lower prices. initially plan on risking  a close over 9952 for three days in a row..

BW Traders should go short if a close under 9522 occurs.

Feb Hogs
Support
 should appear near 6352 to 6337 and 6272 to 6257 .
Resistance is at 6482 to 6512 and 6577 to 6592

April Hogs
Support
is at 6867 to 6807 and 6757 to 6742
Resistance
is at 6907 to 6922 and 6992 to 7002  

Feb Pork Bellies
Recommended Open position Short at 8557
Resistance should appear near 8857 to 8872  and 8937 to 8967.
Support  is at 8777 to 8762 and 8682 to 8667  

                                       The Grande’ Grains

March Soybeans
Recommended open position short 594 1/2
Resistance at 602 1/4 to 603 1/2 and 610 1/4 to 611 1/4 
Support
should appear near 594 1/2 and 588 to 585 1/2 .. below that a test of 580 1/2  to 579 1/4 is likely 

March Soymeal
Recommended open position short at 191.7
Resistance  should appear near  185.8 to 186.5 and  190.2 to 190.9
Support should appear near 182.2 to 180.8  and 178.0 to 177.4

March  Soybean Oil
Recommended open position short at 2267
Resistance
should appear near  2267 to 2275 and 2315 to 2322
Support should appear near 2226 to 2219 and 2185 to 2170
BW Traders should go short if a close under 2162 occurs

March Corn
Resistance should appear near 212 3/4 to 213 1/2 .
Support is at 208 3/4 to 208 region.  ...

March Wheat
Recommended open position short at 330 3/4
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 /2 and 315 3/4 to 314 3/4

                                              The Satisfying Softs

March  ‘ The Monster ' Coffee
Support
  should appear near 11920 then 11690 to 11640 and 11360 to 11300. Below that 11010 to 10960  should contain a decline ,
BW Traders can buy at 11390 for a bounce and hold for higher prices.. . 
Resistance should appear near 12320 to 12380 and the 13040 to 13100 region.

Stay tuned for Flashes and Updates.

March Cocoa
Support
is at  1496 to 1484, a close under augurs for a test of 1459 to 1453 and the 1421 to 1415 region ..
Resistance should appear near 1529 to 1535 and 1569 to 1576.. beyond that sellers should appear near 1609 to 1615  .and the 1642 to 1655 region. .  BW Traders can sell at 1608 and risk a close over 1657 for three days in row..

BW Traders should go short if a close under 1481 occurs

March  Sugar
Resistance
should appear near 1484 to 1496 
Support
 should appear near 1421 to 1415 region.

March Cotton
Recommended open position short at 5570
Support should appear near 5505 to 5495 and the 5430 to 5415 region  .
Resistance should appear near 5555 to 5585 and the 5640 to 5655 region. Above that sellers should appear near
5715 to 5730 and the 5855 to 5880 region, Which should cap a rally.

- A Ship in Harbor is Safe...But that is not what ships are built for --  

Stay tuned for Updates and Flashes in all markets

Happy Trading  ! 
Bill  wil@futurescom.com

1-866-409-3890
Monday January 9th  2006
3:00 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 – 2006 all rights reserved Terms

BW Recommended Open Positions 1-09-2006
Short March Yen 8667
Short 2  March EC 12060 avg
Short 2  March Swiss Francs 7799 avg
Short March British Pounds 17540
Short March Aussie Dollar 7412
Short 2 April Hogs / long 2 August Hogs  -155
Short Feb Bellies 8557  
Short Mar Soybeans 594 1/2
Short March Bean Oil 2267
Short March Soymeal 191.7
Short March Wheat 330 3/.4
Short March Cotton 5570