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 Wed Feb 22nd 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 Feb 21st 2006
9:45 PM 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 2246.50 and 2226 to 2219
Resistance should appear near 2267.00 to 2275.00
Trade Accordingly
March Mini Nasdaq 100
Resistance remains near the 1689.00 to 1696.00 region.
Support should appear near 1655.00 to 1642.00 and 1628.50
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 88484 to 8499 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 17560 and 17740 to 17800
March Canadian Dollar
Resistance should appear near.8762 to 8777
Support is at 8683 to 8668
March Aussie Dollar
Support should appear near 7342 to 7328 .
Resistance should appear near 7414 to 7428
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 22260 to 22190
Resistance should appear near 22670 to 22750.
May Silver
Support should appear near 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 15290 to 15350 and 15690 to 15760
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
Support should appear near 8777 to 8762 and 8782 to 8667
Resistance is at the 8857 to 8872 and 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 6272 to 6257 and the 6192 to 6162 region
Resistance is at should appear near 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 8762 to 8777 and 8857 to 8872
Support is at 8502 to 8482 and 8407 to 8392
The Grande’ Grains
May Soybeans
Resistance at 602 3/4 top 603 1/2 and 610 1/4 to 611 1/4
Support should appear near 595 3/4 to 594 1/2 and the 588 to 585 1/2 region
May Soymeal
Resistance should appear near 185.8 to 186.5 and 190.2 to 190.9
Support should appear near 180.8 and 178.0 to 177.4. .
May Soybean Oil
Resistance should appear near 2354 to 2370 and 2411 to 2419
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 and 246 1/4 to 247 ..
Support is at 237 to 235 1/2 and 232 3/4 to 231 3/4
May Wheat
Recommended open position Short a 384 3/4
Resistance should appear near 385 3/4 to 386 3/4 and the 390 3/4 to 392 3/4 region ..
Support should appear near 374 1/4 to 373 1/4 and the 368 1/4 to 366 1/4 region
The Satisfying Softs
May ‘ The Monster ' Coffee
Recommended open position Long 2 at 11300 avg
Support should appear near 111.55 and 11010 to 10960
Resistance should appear near 11520 and the 11640 to 11690 region
July Coffee
Recommended open Position Long at 11090
May Cocoa
Support is at 1421 to 1415 .
Resistance should appear near 1453 to 1459
May Sugar
Resistance should appear near 1808 to 1822 and 1856 to 1865
Support should appear near 1780 to 1774 and 1738 to 1731.
May Cotton
Support should appear near 5580 to 5555 and 5505 to 5490 region...
Resistance should appear near 5640 to 5655 and 5715 to 5730
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
Tuesday February 21st 2006
10:45 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 2-21-2006
Long March SP500 1289.7
Short March EC 11920
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 )
Short March Wheat 384 3/4
Long 2 May Coffee 11300 avg
Long July coffee 11090