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 Friday April 7th 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
"Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable- ranks high.
There are certain chances that the most prudent man is justified in taking
- chances that he must take if he wishes to be more than a mercantile mollusk-
” Reminiscences of a Stock operator ”
Thursday April 6th 2006
4:30 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..
Support should appear near 11,155 and the11,010.00 to 10,960 region.
June SP500
Recommended open position Long at 1318.90
Support should appear near 1310 to 1304.00 and 1289.00..
Resistance should appear near 1322.00 and 1334.00 to 1346.00
NASDAQ Composite
Support should appear near the 2354 and the 2322.00 to 2315.00 region
Resistance should appear near 2370.00 and the 24110 to 2419 region
June Mini Nasdaq 100
Resistance should appear near 1756.00 and the 1774.00 to 1780.00 region .
Support should appear near 1738.00 to 1731.00
June Mini Russell 2000
Support is at 768.90 to 767.50 then 760.10 to 758.70 and the 751.30 to 748.60 region ..
BW Traders can buy at 748.70 and risk a close under 738.40 for three days in a row
Resistance should appear near 776.30 to 777.70.and the 783.60 to 786.40 region
Trade Accordingly. and Stay tuned for updates.
June 10 Year T-Note
Resistance should appear near 106.21 and 107-07
Support is at 105-21 and 105-07
June 30 Year T-Bond
Resistance should appear near 108-21 then 109-07 and 109-21.
Support is at 108-07 then 107-21.and 107-07
The Frenzied Forex Front
June Yen
Resistance should appear near 8668 to 8683
Support should appear near.8560 and the 8499 to 8484 region
June Euro Currency (EC)
Recommended open position Short at 12319
Support should appear at 12247.and 12175
Resistance should appear near the 12320 to 12350 and 12380
June Swiss Franc
Recommended open position Short at 7820
Resistance should appear near 7836 to 7864.and 7939 to 7954
Support should appear near 7777 to 7763 and the 7687 to 7675 region
June British Pound
Support should appear near 17380 to 17320
Resistance should appear near 17650 and the 17740 to 17800 region. .
June Canadian Dollar
Resistance should appear near 8762 to 8777
Support is at 8589 to 8560
June Aussie Dollar
Support should appear near 7255 to 7242
Resistance should appear near 7328 to 7342
Precious Metals
June Gold
Resistance should appear at 602.3 to 603.5 and 610.1 to 611.3
Support is at 595.7 to 594.5 and 588.0 to 585.5. .
May Copper
Support should appear near 25680 to 25580 and 25190 to 25110
Resistance should appear near 26630 to 26720 region
May Silver
Support should appear near 1169.0 to 1164.0
Resistance is at 1232.0 to 1238.0
The Exciting Energies
May Crude Oil
Resistance should appear near at 6809 to 6836 and 6906 to 6919
Support should appear 6673 to 6659 and 6591 to 6577
May Unleaded Gas
Resistance should appear near 20340 to 20420
Support should appear near 19090 to 19020
May Heating Oil
Resistance should appear at 19020 to 19090.
Support should appear near 18220 to 18080
The Lively Livestock
June Cattle
Support should appear near 7427 to 7412 and 7342 to 7327
Resistance is at 7487 to 7512 and 7587 to 7602
June Hogs
Support is at 6352 to 6337 and 6272 to 6257 .
Resistance should appear near 6417 to 6432 and 6482 to 6512
May Pork Bellies
Resistance should appear near 8297 to 8317 and 8392 to 8407
Support is at 8137 to 8117 then 8047 to 8027 and 7957 to 7937
The Grande’ Grains
May Soybeans
Resistance at 571 3/4 to 572 3/4 and 579 1.4 to 580 1/2
Support should appear near 557 3/4 to 555 1/4 and 550 1/2 to 549 1/4
May Soymeal
Resistance should appear near 173.1 to 173.8
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..
May Soybean Oil
Resistance should appear near 2267 to 2275 and 2315 to 2322
Support should appear near 2226 to 2219 and 2185 to 2170
May Corn
Resistance should appear near 246 1/4 to 246 3/4
Support is at 237 to 235 1/2 .
May Wheat
Resistance should appear near 355 1/4 to 356 1/4
Support should appear near 344 1/4 to 342 1/4
The Satisfying Softs
July ‘ The Monster ' Coffee
Support should appear near 11010 to 10960 and the 10680 to 10580 region
Resistance should appear near 11300 to 11360 and 11640 to 11690
July Cocoa
Support is at 1496 to 1484 and 1459 to 1453
Resistance should appear near 1529 to 1535 and 1569 to 1576
July Sugar
Resistance should appear near 1808 to 1822 and 1858 to 1865
Support should appear near 17809 to 1774 and 1738 to 1731
July Cotton
Support should appear near 5505 to 5490 and 5430 to 5415
Resistance should appear near 5640 to 5655 and 5715 to 5730.
- 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
Thursday April 6th 2006
5:30 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.
FuturesCom Investment Publications © copyright 1996 – 2006 all rights reserved Terms
BW Recommended Open Positions 4-06-2006
Long June SP500 1318.90
Short June EC 12319
Short June Swiss Franc 7820