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FuturesCom Investment Publications
Morning Comments Friday January 27th 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 26th 2006
4:45 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance is at 10,960 to 11,010.00
Support now remains near 10,680.00 to 10,580.00. .
March SP500
Recommended open position long at 1289.7
Support should appear near 1274.00 to 1268.00 and 1260.50
Resistance should appear near 1281.50 and 1289.00
Nasdaq Composite
Support should appear near 2275.00 to 2267.00 and 2246.50.
Resistance should appear near 2295.00 and 2315.00 to 2322.00
March Mini Nasdaq 100
Resistance should appear near the 1713.50 and the 1731.00 to 1738.00 region..
Support should appear near 1696.00 to 1689.00 and 1672.00 .
March Mini Russell 2000
Support is at 725.50 to 724.20 and 717.00 to 714.30
Nearby Resistance should appear at 732.80 to 734.20 and the 741.40 to 742.80
March 10 Year T-Note
Resistance should appear near 118-21 and 109-07
Support should appear near 118-07 and 117-21
March 30 Year T-Bond
Resistance should appear near 113-07 and 113-21
Support is at 112-21 and 112-07
The Frenzied Forex Front
March Yen
Resistance should appear near 8668 to 8683 and 8722
Support should appear near the 8589 to 8560 and 8529
March Euro Currency (EC)
Support should appear at 12175 and 12102
Resistance should appear near 12247 and 12320 to 12380
March Swiss Franc
Recommended open position short 2 at 7799
Resistance should appear near 7939 to 7954 and 8029 to 8044
Support should appear near 7864 to 7836 and 7777 to 7763
March British Pound
Recommended open position short at 17540
Support should appear near 17800 to 17740.. below that a test of 17560 is likely .
Resistance should appear near 17940 and the 18080 to 18220 region
March Canadian Dollar
Resistance should appear near 8762 to 8777
Support is at 8683 to 8668
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
April gold
Resistance should appear at 571.6 to 572.9 and the 579.2 to 580.5 region
Support is at 565.3 to 564.0 and 557.7 to 555.3
March Copper
Support should appear near 21850 to 21700 and the 21340 to 21260 region
Resistance should appear near 22670 to 22750 and 23150 to 23220
March Silver
Support should appear near 934.5 to 931.5 and 915.5 to 914.0 .. .
Resistance is at 970.5 to 973.5 and 992.0 to 993.5
The Exciting Energies
March Crude Oil
Resistance should appear near 6659 to 6674 and 6743 to 6755.
Support should appear near 6591 to 6577 and 6509 to 6483
March Unleaded Gas
Resistance should appear near 17740 to 17800 and 18080 to 18220
Support should appear near 17380 to 17310 and 16960 to 16890
March Heating Oil
Resistance should appear at 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 5652 to 5642 and the 5577 to 5552 region
Resistance is at 5792 to 5807 and 5852 to 5882
April Hogs
Recommended Open Spread position Short 4 April / Long 4 August at - 75 avg (Aug under April)
Support is at 6117 to 6102 and 6037 to 6022 .
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 7837 to 7867 and 8027 to 8047
Support is at 7777 to 7762 and 7692 to 7672 .
The Grande’ Grains
March Soybeans
Resistance at 579 1/4 to 580 1/2 and 585 1/2 to 588
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
Recommended open position Short at 216 3/4
Resistance should appear near 217 to 218 1/2 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 349 1/4 to 350 1/2 and the 355 1/4 to 356 1/4 region
BW Traders can sell at 354 3/4 and risk a close over 363 for three days in a row.
Support should appear near 338 3/4 to 337 3/4 and 332 3/4 to 331 3/4
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 1459 to 1453 and 1421 to 1415
Resistance should appear near 1496 .and 1529 to 1535
March Sugar
Resistance should appear near 1858 to 1865 and 1902 to 1909
Support should appear near 1822 to 1808 and 1780 to 1774
March Cotton
Support should appear near 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
Thursday January 26th 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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