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FuturesCom Investment Publications
Morning Comments Thursday March 2nd 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
Wed March 1st 2006
5:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance should appear near .11,155.00 and 11,300.00 to 11,360.00
Support should appear near 11,010.00 to 10,960.00. .
March SP500
Recommended open Position Long at 1289.7
Support should appear near 1289.00 and 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 2295.00 and 2275.00 to 2267.00
Resistance should appear near 2322 to 2354.00 to 2370
Trade Accordingly
March Mini Nasdaq 100
Recommended Open postion Long 1672.50
Resistance should appear near the 1731.00 to 1738.00 region
Support should appear near 1696.00 to 1689.00 and 1672.5
March Mini Russell 2000
Support is at 742.8 to 741.30 and 734.20 to 732.80.. which should hold
Resistance should appear near 748.60 to 751.30.
Beyond that a test of the 758.70 to 760.10 region.is likely
Trade Accordingly
June 10 Year T-Note
Resistance should appear near 108-07 and 108-21
Support is at 107.21 and 107-07..
June 30 Year T-Bond
Resistance should appear near 112-21 and 113-07
Support is at 112-07 and 111-21
Trade Accordingly
The Frenzied Forex Front
June Yen
Resistance should appear near 8762 to 8777 and the 8856 to 8872 region .
BW Traders can sell at 8855 and risk a close over 8972 for three days in a row
Support should appear near.8683 to 8667, a slip under augurs for a test of 8589 to 8560 .
March Euro Currency (EC)
Recommended open position short at 11920
Support should appear at 11920 and11805
Resistance should appear near 11975 to 12030
June Euro Currency (EC)
Support should appear at 11975 to 11920 ..
Resistance should appear near 12030. then 12102 to 12175
BW Traders can sell at 12175 and hold for lower prices..
June Swiss Franc
Resistance should appear near 7762 to 7777. .
Support should appear near the 7689 to 7675 ..
June British Pound
Support should appear near 17380 to 17320
Resistance should appear near 17560 and 17740 to 17800
June Canadian Dollar
Resistance should appear near 8856 8871.
Support is at 8777 to 8762 ..
June Aussie Dollar
Support should appear near 7414 and 7342 to 7328. ..
Resistance should appear near 7486 to 7513
Precious Metals
April Gold
Resistance should appear at 571.6 to 572.9 . .
Support is at 557.7 to 555.3
May Copper
Support should appear near 21850 to 21700 and 20890 to 20800.
Resistance should appear near 22670 to 22750 and 23150 to 23220.. Beyond that 23540 to 23700 should cap a rally ..
BW Traders can sell at 235.00 and risk a close over 2430 for three days in a row..
May Silver
Support should appear near the 954.5 to 94.0 region. A close under augurs for s test of 934.5 to 931.5
Resistance is at 982.0 to 983.5 and 992.0 to 993.5 region.
The Exciting Energies
April Crude Oil
Resistance should appear near at 6257 to 6270 and 6337 to 6350..
Support should appear the 6113 to 6101 and 6035 to 6023
April Unleaded Gas
Resistance should appear near 16420 to 16550and 16890 to 16960
Support should appear near 15760 to 15690 and the 15350 to 15290 region
April Heating Oil
Resistance should appear at 17740 to 17800 and 18080 to 18220
Support should appear near 17380 to 17310 and 16960 to 16890
Trade Accordingly .. .
The Lively Livestock
April Cattle
Support should appear near 8682 to 8667 and the 8592 to 8562 region.... ..
Resistance is at 8762 to 8777 and the 8857 to 8872 region..
April Hogs
Recommended open positions Short 2 April Hogs 6142 avg
Spread: Short 3 April Hogs 6272 avg / Long 3 August Hogs 6572 avg
Support should appear near 6192 to 6162 and 6112 to 6102
Resistance is at should appear near 6337 to 6352 and 6417 to 6432
June Hogs
Support is at 7087 to 7072 and 7002 to 6992 .
Resistance should appear near 7142 to 7172.and the 7242 to 7257 region
Stay Tuned for Flashes and Updates..
May Pork Bellies
Resistance should appear near 9137 to 9157.and 9317 to 9347
Support is at 8967 to 8932 and 8872 to 8857 .
March Pork Bellies
Recommended Open Position Short at 8300
The Grande’ Grains
May Soybeans
Resistance at 602 1/4 to 603 1/2 and 610 1/4 to 611 1/2
Support should appear near 588 to 585 1/2 and 580 1/2 to 579 1/4 .
May Soymeal
Resistance should appear near 177.4 to 178.0 and 180.8 to 182.2.
Support should appear near 173.8 to 173.1 and the 169.6 to 168.9 region..
BW Traders can buy at 169.8 and risk a close under 156.4 for three days in a row.
May Soybean Oil
Recommended open Position Long at 2397
Resistance should appear near 2461 to 2469 and 2511 to 2519
Support should appear near 2370 to 2354 and 2322 to 2315, below that buyers should appear near 2275 to 2267
BW Traders can buy at 2277 for a turn higher and risk a close under 2207 for three days in a row.
May Corn
Resistance should appear near 235 1/2 to 237 and 241 1/4 to 241 3/4 .
Support is at 232 1/4 to 231 1/2 and 227 1/2 to 226 3/4 ..
May Wheat
Resistance should appear near 379 1/2 to 380 3/4 and the 385 3/4 to 386 3/4 region.
Support should appear near 368 1/4 to 366 1/4 and 362 1/4 to 361 1/4
The Satisfying Softs
May ‘ The Monster ' Coffee
Recommended open position long at 10980
Support should appear near 11360 to 11300 and 11010 to 10960
Resistance should appear near 11640 to 11690 and 11920 to 12030
May Cocoa
Support is at 1421 to 1415. and 1383 to 1377 .
Resistance should appear near 1453 to 1459 and 1484 to 1496 .
May Sugar
Resistance should appear near 1689 to 1696 and 1731 to 1736
Support should appear near 1655 to1642 and 1615 to 1609.
May Cotton
Support should appear near 5430 to 5415 and 5355 to 5345
Resistance should appear near 5555 to 5580 and 5640 to 5655
- 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
Wed March 1st 2006
5:50 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 3-1-2006
Long March SP500 1289.7
LOng March Mini Nasdaq 1672.5
Short March EC 11920
Short 2 April Hogs 6142 avg
Short March Pork Bellies 8300
Spread: Short 3 April Hogs 6272 avg / Long 3 August Hogs 6572 avg
Long May Soybean Oil 2397
Long May Coffee 10980
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