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FuturesCom Investment Publications
Morning Comments Wed March 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 March 21st  2006
6:00 PM 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 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  1689 to 1696 
Support should appear near 1655 to 1642.

June Mini Russell 2000
Support
is at  734.20 to 732.80 and the 725.50 to 724.20 region
BW Traders can buy at 725.70 for a turn higher.and hold for higher prices
Risk a close under 711.30 for three days in a row.
Resistance should appear near 741.40 to 742.80 , a lclose over is freindly and augurs for a test of 748.60 to 751.30 .
Trade Accordingly

June 10 Year T-Note  
Resistance
should appear near 107-21 and 108-07
Support  is at
107-07 and 106-21

June 30 Year  T-Bond
Resistance
should appear near 111-21 and 112-07
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 and 8762 to 8777
Support should appear near.8589 to 8560 and 8499 to 8484

June  Euro Currency (EC)
Recommended open position Short  2 at 12047
Support
should appear at  the 12030 to 11920 region
Resistance should appear near 12247 and the 12320 to 12360 region

June Swiss Franc
Recommended open position Short  2 at 7757.

Resistance
should appear near  7777 and  7836 to 7864
Support
should appear near  7889 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 8668 to 8683 .
Support is at  8589 to 8560 .  
 

June Aussie Dollar
Support should appear near 7170 to 7143 
Resistance should appear near 7242 to 7255   

                                             
                                                 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 1036.0 to 1032.0  .
Resistance
is at 1058.0 to 1068.0


The Exciting Energies

May Crude Oil
Resistance
should appear near at 6257 to 6270 and 6337 to 6350
Support
should appear 6190 to 6165 and the 6113 to 6101 region 

April Unleaded Gas 
Resistance
should appear near 18080 to 18220 and 18560 to 18650
Support 
should appear near 17800 to 17740 and the 17380 to 17310 region

April Heating Oil
Re
sistance
should appear at 17740 to 17800 and 18080 to 18150 
Support should appear near  17380 to 17310 and 16960  to 16890  


                                          The Lively Livestock
 

April  Cattle
Support
should appear near 8317 to 8302 and 222 to 8192
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 5807 to 5792 and 5732 to 5717
Resistance is at should appear near 5852 to 5882 and 5942 to 5957 

June  Hogs
Recommended open position Short at 6645
Support
is at  6592 to 6577 and the 6512 to 6482 region .
Resistance
should appear near 6657 to 6672 and the 6742 to 6757 region

May Pork Bellies

Resistance should appear n
ear 8482 to 8502 and 8557 to 8587 .
Support
 
is at 8407 to 8392 and 8317 to 8302  

                                      The Grande’ Grains

May Soybeans
Recommended open position Long at 580 3/4
Resistance at  579 1/4 to 580 1/2 and 585 1/2 to 588 
Support should appear near 573  to to 571 3/4 and the 565 1/4 to 564 region.
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 2315 to 2322 and 2354 to 2370
Support should appear near 2275 to 2267 and 2226 to 2219

May Corn
Resistance
should appear near 226 3/4 to 227 1/2 
Support is at  223 3/4 to 221 3/4     

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 10680 to 10580 and the 10360 to 10320 region
Resistance
 should appear near 10820 and 10960 to 10010

May Cocoa
Recommended open position Short 2 at 1464 avg
Support is at 1459 to 1453
Resistance
should appear near 1529 to 1535

May  Sugar
Resistance
should appear near 1731 to 1738 and 1774 to 1780  
Support  should appear near 1655 to 1642 and 1615 to 1609

May Cotton
Support
should appear near 5285 to 5255. and 5210 to 5200 
Resistance should appear near 5345 to 5355 and 5415 to 5430 

                                                                        
- 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 21st  2006
7:20 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 3-21-2006
Short June Yen 8559
Short 2 June EC 12047 avg
Short 2 June Swiss Francs 7757
Short  June Hogs 6645
Long May Soybeans 580 3/4

Long 2 May Soybean Oil 2352 avg
Long May Soymeal 173.8
Short 2  May Cocoa 1464 avg