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 Thursday April 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
Wed April 19th 2006
9:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Resistance remains near 11,300.00 to 11,360.00
Support remains near 11,010.00 to 10,960.00
Trade accordingly
June SP500
Support should appear near 1310.00 to 1304.00
Resistance should appear near 1334.00 to 1346.00
NASDAQ Composite
Support should appear near 2354.00 and 2322.00 to 2315.00
Resistance should appear the 2370.00 and 2411.00 to 2419.00
June Mini NASDAQ 100
Resistance should appear near the 1774.00 to 12780.00 region
Support should appear near the 1738.00 to 1731.0 region.
June Mini Russell 2000
Support is at 777.70 to 776.30 and 768.90 to 767.50
Resistance should appear near 783.60 to 786.40
June 10 Year T-Note
Resistance should appear near 106-07 and 106-21.
Support is at 105-21 and 105-07
June 30 Year T-Bond
Resistance should appear near 107-07 and 107-21
Support is at 106-21 and 106-07
The Frenzied Forex Front
June Yen
Recommended open position Short at 8560
Resistance should appear near the 8668 to 8683 region
Support should appear near 8499 to 8484
June Euro Currency (EC)
Recommended open Position Short 2 at 12235 avg
Support should appear at 12380 to 12320
Resistance should appear near 12455 and 12530
June Swiss Franc
Recommended open position Short 2 at 7802 avg
Resistance should appear near 7939 to 7954
Support should appear near 7777 to 7763
June British Pound
Support should appear near 17800 to 17740
Resistance should appear near 17960 and 18020 to 18090.
June Canadian Dollar
Resistance should appear near 8856 to 8871
Support is at 8683 to 8668
June Aussie Dollar
Support should appear near 7428 to 7414
Resistance should appear near 7486 to 7513.
Precious Metals
June Gold
Resistance should appear at 641.7 to 643.0 and 648.30 to 650.90
Support is at 627 to 625.70 and 619 to 616.5
May Copper
Resistance should appear near 30360 to 30450and 30920 to 31020.
Support should appear near 29370 to 29280 and 28830 to 28740.
May Silver
Resistance should appear near 1453.0 to 1459.0 and 1484.0 to 1496.0
Support should appear near 1421.0 to 1415.0 and 1383.0 to 1377.0
The Exciting Energies
June Crude Oil
Resistance should appear near 7414 to 7428 and 7486 to 7513
Support should appear 7342 top 7328 and 7170 to 7143
June Unleaded Gas
Resistance should appear near 22190 to 22260 and 23150 to 23200
Support should appear near 21850 to 21700 and 19960 to 19820
June Heating Oil
Resistance should appear at 20800 to 20890 ands 21260 to 21340
Support should appear near 19530 to 19460 and 19090 to 19020 ..
The Lively Livestock
June Cattle
Support should appear near 7602 to 7587 and 7512 to 7487
Resistance is at 7672 to 7687.Beyond sellers should appear near 7762 to 7777.
June Hogs
Support is at 6507 to 6482 and 6432 to 6417
Resistance should appear near at 6577 to 6592..Beyond that sellers should appear near 6657 to 6672
Trade Accordingly
May Pork Bellies
Resistance should appear near 7762 to 7777 and the 7837 to 7867 region
Support is at the 7687 to 7672 and 7602 to 7587
The Grande’ Grains
May Soybeans
Recommended open position long at 572 1/2
Resistance at 579 1/4 to 580 1/2 and 585 1/2 to 588
Support should appear near 572 3/4 to 571 3/4 and 565 1/4 to 564
May Soybean Meal
Recommended trade elected Long at 177.5
Resistance should appear near 177.4 to 178.0
Support should appear near 173.8 to 173.1
May Soybean Oil
Resistance should appear near 2411 to 2419 and 2461 to 2469
Support should appear near the 23570 to 2354 and 2322 to 2315
May Corn
Recommended open position long at 235
Resistance should appear near 241 1/4 to 242 3/4 and 246 1/2 to 246 3/4
Support is at 237 to 235 1/2 and 232 1/4 to 231 1/2.
May Wheat
Resistance should appear near 355 1/4 to 356 1/4 and 361 1/4 to 362 3/4
Support should appear near 350 1/4 to 349 1/4 and 344 1/4 to 342 1/2
The Satisfying Softs
July ‘The Monster ' Coffee
Recommended open position long at 11200
Support should appear near 11010 to 10960 and 10680 to 10580
Resistance should appear near 11300 to 11360 and 11640 to 11690
July Cocoa
Support is at 1459 to 1453 and 1421 to 1415 .
Resistance should appear near 1484 to 1496 and 1529 to 1535
July Sugar
Resistance should appear near 1858 to 1865
Support should appear near 1738 to 1731
July Cotton
Support should appear near 5355 to 5345 and 5285 to 5255
Resistance should appear near 5415 to 5430 and 5490 to 5505
- 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 April 19th 2006
10:05 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 4-19-2006
Short June Yen 8560
Short 2 June EC 12235 avg
Short 2 June Swiss Franc 7802 avg
Long May Soybeans 572 1/2
Long May Soy Meal 177.5
Long May Corn 235
Long July Coffee 11200