Economic and Investment Trend Analysis - Socio Economics
Dow Jones - SP500 - Nasdaq - Russell 2000 - Treasuries - Forex - Precious Metals - Energy - Livestock - Grains - Softs
Premier Service - Platforms - Quotes - Online Signup - Bi-Weekly Outlook Archives - Special Reports - DIY Index
FuturesCom Investment Publications
Morning Comments Tuesday Feb 21st 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
"A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Sunday Feb 19th 2006
4:25 AM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance should now appear near the 11300.00 to 11360.00 region
Support should appear near 11,010.00 to 10960.00
March SP500
Recommended open Position Long at 1289.7
Support should appear near the 1274.00 to 1268.00 region.
Resistance should appear near the 1304.00 to 1310.00 region
Stay tuned for Updates and Flashes
NASDAQ Composite
Support should appear near 2275.00 to 2267.00 and 2246.50
Resistance should appear near 2315.00 to 2322.00.
Trade Accordingly
March Mini Nasdaq 100
Resistance remains near the 1689.00 to 1696.00 region.
Support should appear near 1672.00 and the1655.00 to 1642.00.region
March Mini Russell 2000
Support should appear near 725.50 to 724.20 and the 717.00 to 714.30 region
Resistance should appear near 732.8 to 734.20 and the 741.40 to 742.80 region
March 10 Year T-Note
Resistance should appear near 108-07 and 108-21
Support should appear near 107-21 and 107-07
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 the 8560 to 8589 region
Support should appear near the 8406 to 8391 region
Trade accordingly and Stay tuned for Updated and Flashes
March Euro Currency (EC)
Recommended open position short at 11920
Support should appear at 11920 then 11805 and the 11690 to 11640 region..
Resistance should appear near 11975 to 12030 and 12102 .
March Swiss Franc
Resistance should appear near 7675 to 7689 and 7763 to 7777 .
Support should appear near 7601 to 7587 and .7513 to 7487.
March British Pound
Support should appear near 17380 to 17320 and 17136 .
Resistance should appear near 7560 and 17740 to 17800
March Canadian Dollar
Resistance should appear near.8762 to 8777
Support is at 8668 and 8589 to 8560
March Aussie Dollar
Support should appear near 7342 to 7328 and 7255 to 7242..
Resistance should appear near 7414 to 7428 and 7486 to 7513
Precious Metals
April Gold
Resistance should appear at 564.0 to 565.30 and the 571.6 to 572.9 region
Support is at 543.0 to 541.6 and the 535.6 to 534.4 region
May Copper
Support should appear near 213.4 to 212.6 and 20890 to 20800
Resistance should appear near 221.9 to 222.6 and 22670 to 22750.
May Silver
Support should appear near the 944.5 to 942.5 and 934.5 to 931.5
Resistance is at 962.5 to 964.0 and 970.5 to 973.5
The Exciting Energies
April Crude Oil
Nearby Resistance should appear near 6257 to 6270 then 6337 to 6350 and the 6417 to 6430 region
Support should appear 6113 to 6101 then 6035 to 6023 and 5957 to 5945
March Unleaded Gas
Resistance should appear near 15690 to 15760 and 16420 to 16550
Support should appear near 14590 to 14530 and 13830 to 13770
March Heating Oil
Resistance should appear at 16890 to 16960 and 17740 to 17800 region
Support should appear near 16150 to 16090 and 15760 to 15690
The Lively Livestock
April Cattle
Recommended open position Short 8937
Support should appear near 8682 to 8667 and 8592 to 8562 region
Resistance is at 8857 to 8872 and the 8932 to 8967 region
April Hogs
Recommended open positions Short 2 April Hogs 6142 avg
Spread: Short 5 April Hogs avg 6575 / Long 5 August Hogs 6550 avg - 25 avg (August under April)
Spread: Short 2 April Hogs 6102 / Long 2 June Hogs 6815 +712 (June over April )
Support should appear near 6112 to 6102 and the 637 to 6022 region
Resistance is at should appear near 6337 to 6352 and 6417 to 6432.. Beyond that selllers should appear near 6482 to 6507
BW Traders can sell at 6477 and hold for lower prices..
June Hogs
Support is at 7002 to 6987, below that buyers should appear near 6922 to 6907 .
Resistance should appear near at 7142 to 7172.. Beyond that sellers should appear near 7242 to 7257
March Pork Bellies
Recommended Open Position short at 8300
Resistance should appear near 8392 to 8407 and the 8482 to 8502 region
Support is at8222 to 8192 and 8137 to 8117
The Grande’ Grains
May Soybeans
Resistance at 616 1/2 to 619 and the 625 3/4 to 627 region. Beyond that sellers should appear near 633 3/4 to 635
Support should appear near 603 1/2 to 602 3/4 then595 3/4 to 594 1/2 and the 588 to 585 1/2 region
May Soymeal
Resistance should appear near 190.2 to 190.9. Beyond that sellers should appear near 194.6 to 195.3 and 198.2 to 199.6
Support should appear near 186.5 to 185.8 and 182.2 to 180.8, a close under is negative and augurs for a test of 178.0 to 177.4. .
May Soybean Oil
Resistance should appear near 2411 to 2419 and the 2461 to 2469 region
Support should appear near 2322 to 2315 and the 2275 to 2267 region
May Corn
Resistance should appear near 241 1/4 to 241 3/4 then 246 ¼ to 247 and the 251 1/4 to 251 3/4 region, which should cap a rally..
Support is at 237 to 235 1/2 then 232 3/4 to 231 3/4 and the 227 1/2 to 226 3/4 region
May Wheat
Resistance should appear near 385 3/4 to 386 3/4 and the 390 3/4 to 392 3/4 region .. BW Traders can sell at 384 3/4 and risk a close over 393 3/4 for three days in a row... Beyond that sellers should appear near 398 1/4 to 399 1.4 and the 404 3/4 to 405 3/4 region
Support should appear near 374 1/4 to 373 1/4 then 368 1/4 to 366 1/4 and the 356 1/4 to 355 region
The Satisfying Softs
May ‘ The Monster ' Coffee
Recommended open position Long 2 at 11300 avg
Support should appear near 11010 to 10960 and 10680 to 10580 region
Resistance should appear near 11300 to 11360 and the 11640 to 11690 region
July Coffee
Recommended open Position Long at 11090
May Cocoa
Support is at 1459 to 1453 .
Resistance should appear near 1529 to 1535
May Sugar
Resistance should appear near 1774 to 1780 and 1808 to 1822
Support should appear near 1738 to 1731.and 1696 to 1689
May Cotton
Support should appear near 5730 to 5715 and 5655 to 5640.. A close under is negative and augurs
for a test of 5580 to 5555 and eventually the 5355 to 5345 region...
Resistance should appear near 5790 to 5805 and the 5855 to 5880 region
Beyond that sellers should appear near 5945 to 5955
BW Traders should go short if a close under 5635 occurs..
- 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
Sunday February 19th, 2006
5:30 AM 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 2-19-2006
Long March SP500 1289.7
Short March EC 11920
Short April Cattle 8937
Short 2 April Hogs 6142 avg
Short March Pork Bellies 8300
Spread: Short 5 April Hogs avg 6575 / Long 5 August Hogs 6550 avg ( - 25 avg August under April)
Spread Short 2 April Hogs 6102 / Long 2 June Hogs 6815 (+712 June over April )
Long 2 May Coffee 11300 avg
Long July coffee 11090