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FuturesCom Investment Publications
Morning Comments Monday March 20th 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
Sunday March 19th 2006
4:00 AM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance remains near the 11,300.00 to 11,360 region. An extended trade or close over is friendly and augurs for a test of 11,500.00
Support should appear near 11,155.00 and the 11,010.00 to 10,960 region. . .
June SP500
Support should appear near 1310.00 to 1304.00 and 1289.00
BW Traders can buy at 1289.30 and hold for higher prices..
Resistance should appear near 1322.. Beyond that a test of the 1334 to 1346 region is likely to occur..
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 the 1696.00 to 1689.00 region..
June Mini Russell 2000
Support is at 742.80 to 741.40 and 734.20 to 732.80 .. Below that 725.50 to 724.20.should hold ..
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 748.6 to 751.3, however an extended trade over is friendly and
augurs for a test of the 758.70 to 760.10 region.
June 10 Year T-Note
Resistance should appear near 107-21 and 108-07
Support is at 107-07 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 8762 to 8777 and 8856 to 8871
Support should appear near.8683 to 8668 and 8589 to 8560
June Euro Currency (EC)
Recommended open position Short 2 at 12047
Support should appear at 12175 and the 12030 to 11920 region
Resistance should appear near the 12320 to 12360 region
June Swiss Franc
Recommended open position Short 2 at 7757.
Resistance should appear near 7836 to 7864
Support should appear near 7777 to 7763
June British Pound
Support should appear near 17380 to 17320
Resistance should appear near 17740 to 17800
June Canadian Dollar
Resistance should appear near 8668 to 8683 .
Support is at 8589 to 8560 .
June Aussie Dollar
Support should appear near 7255 to 7242 and 7170 to 7143
Resistance should appear near 7328 to 7342 and 7414 to 7428
Precious Metals
April Gold
Resistance should appear near 555.3 to 557.7 and 564.0 to 565.3
Support is at 550.4 to 549.2 and 543.0 to 541.8
May Copper
Support should appear near 23220 to 23150 and 22260 to 22190
Resistance should appear near 23550 to 23700 and 2410 to 24190.
Trade Accordingly
May Silver
Support should appear near the 1018.50 and 1013.5 to 1010.5 .
Resistance is at 1047.0 and 1958.0 to 1058.0
The Exciting Energies
May Crude Oil
Resistance should appear near at 6483 to 6509 and 6577 to 6591
Support should appear 6350 to 6337 and 6270 to 6257
April Unleaded Gas
Resistance should appear near 19020 to 19090
Support should appear near 18220 to 18080
April Heating Oil
Resistance should appear at 18080 to 18150 and 18560 to 18650
Support should appear near 17380 to 17310 and 16960 to 16890
The Lively Livestock
April Cattle
Support should appear near 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 5942 to 5957 and the 6022 to 6037 region
Beyond that sellers should appear near 6102 to 6112.. BW Traders can sell at 6102 and risk a close over 6212 for three days in row.
June Hogs
Recommended open position Short 2 at 6645
Support is at 6672 to 6657 and the 6592 to 6577 region..
Resistance should appear near 6742 to 6757 and 6807 to 6837.
May Pork Bellies
Resistance should appear near 8482 to 8502 and 8557 to 8587 .
Support is at 8317 to 8302 and 8222 to 8192
The Grande’ Grains
May Soybeans
Recommended open position Long at 580 3/4
Resistance at 585 1/2 to 588 and 594 1/2 to 595 3/4
Support should appear near 573 1/4 to 571 3/4 and 565 1/4 to 564
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
Support should appear near 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
Recommended open position Long 2 at 2352 avg
Resistance should appear near 2354 to 2370 and 2411 to 2419.
Support should appear near 2322 to 2315.and 2275 to 2267
BW Traders can buy at 2327 for a turn higher and risk a close under 2259 for three days in a row.
May Corn
Resistance should appear near 226 3/4 to 227 3/4
Support is at 218 1/2 to 217
May Wheat
Resistance should appear near 361 1/4 to 362 1/4 and 366 1/4 to 368 1/4
Support should appear near 350 1/4 to 349 1/4 and 344 1/4 to 342 1/2
The Satisfying Softs
May ‘ The Monster ' Coffee
Support should appear near 10360 to 10320 and 10135 to 10105
Resistance should appear near 10580 to 10680 and 10960 to 10010
May Cocoa
Recommended open position Short 2 at 1464 avg
Support is at 1496 to 1484 and 1421 to 1415
Resistance should appear near 1529 to 1535 and 1569 to 1576
May Sugar
Resistance should appear near 1689 to 1696.
Support should appear near 1615 to 1609
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
Sunday March 19th 2006
5:15 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.
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