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FuturesCom Investment Publications
Morning Comments  Friday  January 13th 2006
 Serving Professional and Individual Traders World Wide since 1979
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                                                    



Thursday January 12th  2006
4:30 PM  South Florida Beach Time
                                   

         


                                  
       The Sensational Stock and Bond Markets             

Dow Jones Industrial Average
Resistance
remains near the 11010.00 and the 11,300.00 to 11,360.00 region
Support should appear near  10,960.00 and 10,820.00  .

March SP500
Support should
appear near 1289.00 and the 1274.00 to 1268.00 region
Resistance should appear near 1304.00 to 1310.00 and 1322.00

Traders Should Stay tuned  for Updates and Flashes

Nasdaq Composite
Support
should appear near the 2315.00 and the 2275 to 2267 region
Resistance should appear near 2322.00 and 2354.00 to 2370.00

March Mini Nasdaq 100
Resistance
should appear near  1774.00 to 1780.00 and 1808 to 1822
Support  
should appear near 1754.00 and 1738.00 to 1731.00  

March Mini Russell 2000
Support
is at 708.80 to 707.40 and 700.30 to 699.00 .
Resistance should appear near 714.30 to 717.00 and the 724.0 to 725.50 region

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)
Support
should appear at  the 12030 to 11920 region  
Resistance
should appear near  12102 and 12175

March Swiss Franc
Recommended open position short 2 at 7791 avg
Resistance
should appear near 7836 to 7864 and 7901 .
Support
should appear near the 7807 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 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 7513 and 7586 to 7601

                                              Precious Metals

Feb Gold
Resistance
should appear near 549.2 to 550.4 then 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 20890 to 20800 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 887.5 to 885.5 and 877.5 to 876.0 
Resistance is at 904.5 to 9060 and the 914.0 to 915.5 region  

Trade Accordingly

 

The Exciting Energies

Feb  Crude Oil
Resistance
should appear near 6430 the 6483 to 6509 and 6577 to 6591 
Support
should appear near 6357 to 6335 and 6270 to 6257

Feb Unleaded Gas 
Resistance
should appear near 17310 to 17380 and 17740 to 17800   
Support 
should appear near 16960 to 16890 and the 16550 to 16420 region  

Feb Heating Oil
Re
sistance
should appear at 17560 and 17740 to 17800  
Support should appear near 17135 and 16960 to 16850
                                                                    The Lively Livestock
 

Feb  Cattle
Recommended open position short at 9422
Support should appear near 9447 to 9422 and 9347 to 9317 
Resistance
is at  9527 to 9542 and 9622 to 9642

Feb Hogs
Support
 should appear near 5957 to 5942 and 5882 to 5857  
Resistance is at 6022 to 6037 and the 6102 to 6117 region  

April Hogs
Support
is at  6432 to 6417 and 6357 to 6337
Resistance
is at 6577 to 6592 and 6657 to 6672

Recommended Open Spread
Short 2 April Hogs / long 2 August Hogs -155  (August under April )

Feb Pork Bellies
Support
should appear near 8407 to 8392 and the 8317 to 8302 region..
Resistance
 is at 8482 to 8502 and the 8557 to 8587 region  

                                       The Grande’ Grains

March Soybeans
Resistance at 579 1/4 to 580 1/2 and 585 1/2 to 588
Support
should appear near 571 3/4 then 565 1/4 to 564 and the 557 3/4 to 555 1/4 region  

March Soymeal
Resistance  should appear near 180.8 to 182.2 and 185.8 to 186.5
Support should appear near 178.0 to 177.4 and the 173.8 to 173.1 region

March  Soybean Oil
Recommended open position short at 2267
Resistance
should appear near  2170 to 2185 and 2219 to 2226 
Support should appear near 2134 to 2126.and the 2089 to 2080 region.
BW Traders should go short if a close under 2162 occurs

March Corn
Resistance should appear near 213 1/2 and 217 to 218 1/2
Support is at 208 3/4 to 208 .

March Wheat
Recommended open position short at 330 3/4
Resistance should appear near 337 3/4 to 338 3/4.
Support should appear near 327 to 326 1/4 

                                              The Satisfying Softs

March  ‘ The Monster ' Coffee
Support
  should appear near 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 11920 to 12030 then 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  Below that buyers should appear near 5355 to 5345
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
Thursday January 12th  2006
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.
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BW Recommended Open Positions 1-12-2006
Short March Yen 8667
Short 2 March Swiss Francs 7799 avg
Short March British Pounds 17540
Short March Aussie Dollar 7412
Short April Cattle 9422
Short 2 April Hogs / long 2 August Hogs  -155
Short March Bean Oil 2267
Short March Wheat 330 3/.4
Short March Cotton 5570