Economic and Investment Trend Analysis - Socio Economics 
Dow Jones - SP500 - Nasdaq - Russell 2000 - Treasuries - Forex -  Precious Metals - Energy - Livestock - Grains - Softs

 Premier ServicePlatforms - Quotes - Online Signup - Bi-Weekly Outlook ArchivesSpecial Reports - DIY Index
 

FuturesCom Investment Publications
Morning Comments  Wed January 25th 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                                                    


 


Tuesday January 24th  2006
10:30 PM  South Florida Beach Time
                                   

                                                  The Sensational Stock and Bond Markets               

Dow Jones Industrial Average
Resistance
is at 10,820.00 and 10,960 to 11,010.00
Support now remains near 10,680.00 to 10,630,00 and  10,580.00.  .

March SP500
Recommended open position long at 1289.7
Support should appear near 1268.00 then 1260.5 and 1253.00
Resistance should appear near to 1274.00 and 1281.50 and 1289.00

Nasdaq Composite
Support
should appear near 2246.5 and 2226 to 2219 ..
Resistance should appear near 2267 to 2275  

March Mini Nasdaq 100
Resistance
should appear near 1713.50 and the 1731.00 to 1738.00 region..
Support  should appear near 1689.00 then 1672.0 and 1655 to 1642.00 .


March Mini Russell 2000
Support
is at 717.00 to 714.30 and 708.80 to 707.40
Nearby Resistance
should appear at 724.20 to 725.50 and 732.80 to 734.20     .

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  114-21 and 115-07
Support  is
at 113-21 and 113-07

                                            The Frenzied Forex Front
March  Yen
Recommended open position short 2 at 8691 avg
Resistance
should appear near 8762 to 8777 and 8856 to 8871   
Support should appear near 8683 to 8667 and the 8589 to 8560 region

March  Euro Currency (EC)
Support
should appear at 12247 and 12175
Resistance should appear near 12320 to 12350 and 12380

March Swiss Franc
Recommended open position short 2 at 7799
Resistance
should appear near  8029 to 8044 
Support should appear near  7864 to 7836

March British Pound
Recommended open position short at 17540
Support
should appear near the 17800 to 17740 region .
Resistance should appear near 17940 and  18080 to 18220

March  Canadian Dollar
Resistance
should appear near 8762 to 8777
Support is at 8668 and  8589 to 8560

March Aussie Dollar
Recommended open position short at 7412
Support
should appear near  7428 to 7414 
Resistance should appear near 7513 and 7587 to 7601.
 

                                              Precious Metals

Feb Gold
Resistance should appear at 564.0 to 565.3 and 571.6 to 572.9
Support
is at 550.4 to 549.2 and 543.0 to 541.8 .. below that a trade towards 528.0 to 525.9 is likely

March Copper
Support
should appear near 21340 to 21260 and 20880 to 20800   
Resistance
should appear near 21700  to 21850 and 22190 to 22260  

March Silver 
Support
should appear near 915.5 to 914.0 and 906.0 to 904.5 .. .
Resistance is at 931.5 to 934.5 and 942.5 to 944.5    

                                                            The Exciting Energies

March Crude Oil
Resistance
should appear near 6743 to 6755 and 6809 to 6836. 
Support
should appear near 6591 to 6577 and the 6509 to 6483 region .

Feb Unleaded Gas 
Resistance
should appear near 17740 to 17800 and 18080 to 18220
Support 
should appear near 16960 to 16890 and 16550 to 16420 

Feb Heating Oil
Re
sistance
should appear at 18080 to 18220 and 18580 to 18650
Support should appear near 17800 to 17740 and the 17380 to 17310 region 


                                    The Lively Livestock
 
Feb  Cattle
Recommended open position Short 2  at 9457 avg
Support should appear near 9447 to 9442 and 9347 to 9317
Resistance is at 9527 to 9542 then 9622 to 9642 and the 9707 to 9737 region
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.. 

Feb Hogs

Support
 should appear near  5732 to 5717 and the 5652 to 5642 region
Resistance is at 5792 to 5807 then 5852 to 5882 and the 5942 to 5957 region


April Hogs

Recommended Open  Spread position Short 4 April /   Long 4  August at - 75 avg (Aug under April)
Support
is at 6192 to 6167 and the 6117 to 6102 region.
Resistance
is at 6257 to 6272 and the 6337 to 6352 region

Stay Tuned for Flashes and Updates..

Feb Pork Bellies
Resistance
should appear near 8027 to 8047 and 8117 to 8137 
Support
 
is at 7957 to 7937 and the 7867 to 7837 region   .
 

                                        The Grande’ Grains

March Soybeans
Resistance at  572 3/4 and 579 1/4 to 580 1/2 
Support should appear near 565 1/4 to 564 and 557 3/4 to 555 1/4

March Soymeal
Resistance  should appear near 180.8 to 182.2.. Beyond that sellers should appear near 185.8 to 186.5.
BW Traders can sell at 185.6  and risk a close over 191.20   for three days in a row. ..
Support should appear near 178.0 to 177.4 and 173.8 to 173.1   

March  Soybean Oil
Resistance should appear near 2170 to 2185 and 2219 to 2226
Support should appear near 2134 to 2126 and 2089 to 2088

March Corn
Resistance
should appear near 217 to 218 1/2 BW Traders cam sell at 216 3/4 and hold for lower prices.
Beyond that 221 3/4 to 222 3/4 should cap a rally

Support
is at 213 1/2 to 212 3/4 and the 208 3/4 to 208 region   ..

March Wheat

Resistance should appear near 337 3/4 to 338 3/4 and 342 1/2

Support
should appear near 332 3/4 to 331 3/4 and 327 to 326 1/4                                   

 

                                                  The Satisfying Softs 

March  ‘ The Monster ' Coffee
Recommended open position long 2 at 12025
Support  should appear near 12030 to 11920 and  11690 to 11640.Below that buyers should appear near 11360 to 11300 and the 11010 to 10960 region, which should contain a decline. BW Traders can buy at 11390 and hold for higher prices..
Resistance should appear near 12320 to 12380 and the 12680 to 12740 region..

Be Long

March Cocoa
Support
is at 1421 to 1415 and the 1383 to 1377 region
Resistance
should appear near 1453 to 1459 and the1484 to 1496 region .

March  Sugar
Resistance
should appear near 1808 to 1822 , beyond that sellers should appear near 1858 to 1865  
Support
 should appear near  1738 to 1731 and the 1696 to 1689 region

March Cotton
Support should appear near 5655 to 5640 and 5580 to 5555.. Below that a test of 5505 to 5495 is likely
Resistance
should appear near 5715 to 5730. Beyond that sellers should appear near 5855 to 5880 and the 5945 to 5955 region , which should cap a rally.

Trader Accordingly

- 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 January 24th   2006
11:45 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 1-24-2006
Long March SP500 1289.7
Short 2  March Yen 8691 avg
Short 2 March Swiss Francs 7799 avg
Short March British Pounds 17540
Short March Aussie Dollar 7412
Short 2  April Cattle 9457 avg
Short 4 April Hogs / long 4 August Hogs  - 75 avg (august under April)
Long 2  March Coffee 12025
Short March Cocoa 1453