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FuturesCom Investment Publications
Morning Comments Wed March 15th 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 March 14th 2006
8:15 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance remains near 11,155 .. A close or extended trade over augurs for a test of the 11,300.00 to 11,360 region.
Support should appear near 11,010.00 to 10,960 and 10,820.. Which should contain a decline . .
June SP500
Support should appear near 1307 to 1304 and 1289.00. BW Traders can buy at 1289.30 and hold for higher prices..
Resistance should appear near 1310.00 and 1316.00..Beyond that a test of 1322 and eventually the 1334 to 1346 region is likely.
Stay tuned for Flashes and Updates..
NASDAQ Composite
Support should appear near 2275 to 2267.00
Resistance should appear near 2315 to 2322
June Mini Nasdaq 100
Resistance should appear near 1731.00 to 1738.00
Support should appear near the1696.00 to 1689.00 and 1671.5
June Mini Russell 2000
Support is at 734.20 to 732.80 and 725.50 to 724.20..BW Traders can buy at 725.70 for turn higher
and risk a close under 711.30 for three days in a row..
Resistance should appear near 741.40 to 742.80 and 748.6 to 751.3
June 10 Year T-Note
Resistance should appear near 107-07 and 107-21
Support is at 106-21 and 106-07
June 30 Year T-Bond
Resistance should appear near 111-07 and 111-21
Support is at 110-21 and 110-07
The Frenzied Forex Front
June Yen
Recommended open position Short at 8559
Resistance should appear near 8668 to 8683.
Support should appear near.8589 to 8560
June Euro Currency (EC)
Recommended open position Short 2 at 12047
Support should appear at 12030 and 11975 and 11920
Resistance should appear near 12102 and 12175
June Swiss Franc
Recommended open position Short 2 at 7757.
Resistance should appear near 7763 to 7777
Support should appear near 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 8683 and 8762 to 8777.
Support is at 8589 to 8560 .
June Aussie Dollar
Recommended open position Short at 7327
Support should appear near 7342 to 7328
Resistance should appear near 7414 to 7428
Precious Metals
April Gold
Resistance should appear near 555.3 to 555.7. BW Traders can sell at 555.2 and risk a close over 567 for three days in a row.
Support is at 543.0 to 541.8 and the 535.6 to 534.4 region
May Copper
Support should appear near 22260 to 22190 and 21850 to 21700
Resistance should appear near 22670 to 22750 and 23150 to 23220..
Trade Accordingly
May Silver
Support should appear near the 993.5 to 992 and 973.5 to 970.5.
Resistance is at 1032.0 to 1036.0 and 1047.0
The Exciting Energies
April Crude Oil
Resistance should appear near at 6337 to 6350 and 6417 to 6430
Support should appear 6113 to 6101 and the 5957 to 5945 region
April Unleaded Gas
Resistance should appear near 18580 to 18650 and 19020 to 19090
Support should appear near 17800 to 17740 and 17380 to 17310
April Heating Oil
Resistance should appear at 18080 to 18150 and 18560 to 18650
Support should appear near 17380 to 17310 and 16960 to16890
The Lively Livestock
April Cattle
Support should appear near 8302 then 8222 to 8192 and 8137 to 8117
Resistance is at 8392 to 8407 and the 8482 to 8502.. region.
BW Traders can sell at 8482 and risk a close over 8632 for three days in a row.. .. .
April Hogs
Support should appear near 5732 to 5717 and the 5577 to 5552 region .
Resistance is at should appear near 5792 to 5807 and 5852 to 5882 ..
June Hogs
Support is at 6592 to 6577 and the 6512 to 6482 region
Resistance should appear near at 6672 and the 6742 to 6757 region. .
May Pork Bellies
Recommended open position Short at 8780
Resistance should appear near the 8667 to 8682 and the 8762 to 8777 region
Support is at 8587 to 8562 and the 8502 to 8482 region
The Grande’ Grains
May Soybeans
Resistance at 588 and 594 1/2 to 595 3/4.
Support should appear near 580 1/2 to 579 1/4 . Below that buyers should appear near 573 1/4 to 571 3/4
BW Traders can buy at 580 3/4 and risk a close under 570 3/4 for three days in a row..
Aggressive BW Traders should go long if a close over 596 1/4 occurs.
May Soymeal
Recommended open position Long at 173.8
Resistance should appear near 177.4 to 178.0 , a close over is friendly and augurs for a test of 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.
BW Traders should go long if a close over 178.4 occurs.
May Soybean Oil
Resistance should appear near 2411 to 2419 and the 2461 to 2469.region.
Support should appear near 2354 and 2322 to 2315.
BW Traders can buy at 2327 for a turn higher and risk a close under 2259 for three days in a row.
BW Traders should go long if a close over 2422 occurs
May Corn
Resistance should appear near 232 1/4 and 235 1/2 to 237
Support is at 227 1/2 to 226 3/4 and 222 3/4 to 221 3/4
May Wheat
Resistance should appear near 373 1/2 to 374 3/4 and 379 1/2 to 380 1/2
Support should appear near 361 1/4 and 356 1/2 to 355 1/4
The Satisfying Softs
May ‘ The Monster ' Coffee
Support should appear near 10360 to 10320 . Failure there is negative and augurs for a test of 10050 to 10000.
Resistance should appear near 10680 and 10820 and 10960 to 10010
May Cocoa
Recommended open position Short at 1446
Support is at 1421 to 1415. and the 1383 to 1377
Resistance should appear near 1453 to 1459 and 1484 to 1496
BW Traders can sell at 1482 and initially plan on risking a close over 1539 for three days in a row.
May Sugar
Resistance should appear near 1642 to 1655 and 1731 to 1738 .
Support should appear near 1615 to 1609 and 1576 to 1569
May Cotton
Support should appear near 5355 to 5345 and the 5285 to 5355 region...
Resistance should appear near 5490 to 5505 and 5555 to 5580
- 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 March 14th 2006
9:30 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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BW Recommended Open Positions 3-14-2006
Short June Yen 8559
Short 2 June EC 12047
Short 2 June Swiss Francs 7757
Short June Aussie Dollar 7327
Short May Pork Bellies 8780
Long May Soymeal 173.8
Short May Cocoa 1446