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FuturesCom Investment Publications
Morning Comments Friday April 21st 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                                                    



Thursday April 20th  2006
8:00 PM South Florida Beach Time
             

 

                             The Sensational Stock and Bond Markets                 

Dow Jones Industrial Average
Resistance
remains near 11,360.00..beyond that sellers should appear near 11.500.00
Support
  should appear near 11,300.00  and 11,155.00 

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 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 and 793.90 to 795.40
      
June 10 Year T-Note  
Resistance
should appear near105-21 and 106-07.   
Support  is at
105-07 and 104-21

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 12247 and 12175
Resistance should appear near 12380 and 12455

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 17740 and 17560
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 7342 to 7328 
Resistance should appear near 7414 to 7428.


                                              Precious Metals

June Gold
Resistance
should appear at  616.5 to 619.0 and 625.7 to 627  
Support
is at 611.3 to 610.1 and  603.5 to 602.3

May Copper
Resistance  
should appear near 30360 to 30450and 30920 to 31020.
Support should appear near 28830 to 28740 and the 28200 to 28290 region


May Silver
We roll analysis to July Silver over the weekend.

 

  
                                                                     
The Exciting Energies

 

June Crude Oil
Resistance
should appear near 7328 to 7314 and 7414 to 7428
Support
should appear  7170 to 7143 and 7088 to 7070

June Unleaded Gas 
Resistance
should appear near 21700 to 21850 and 22190 to 22260
Support 
should appear near  21350 to 21260 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 7512 to 7487 and the 7427 to 7412 region     
Resistance is at 7587 to 7601 and 7672 to 7687

 

June  Hogs
Support
is at  6592 to 6577, a slip or close under augurs for a test of the 6507 to 6482 region
Resistance
should appear near at 6657 to 6672 and 6742 to 6757. 
BW Traders can sell at 6657 and risk a close over 6772 for three days in a row .

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 571 3/4 to 572 3/4 and 579 1/4 to 580 1/2 
Support should appear near 565 1/4 to 564 and 557 3/4 to 555 1/4

May Soybean Meal
Recommended trade elected Long at 177.5
Resistance  should appear near 173.1 to 173.8
Support
should appear near 169.6 to 168.9

May  Soybean Oil
Resistance
should appear near 2411 to 2419 and 2461 to 2469 
Support should appear near the 2370 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
Support is at 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 11360 to 11300 and 11010 to 10960
Resistance  should appear near 11640 to 11690 and 11920 to 12030.

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  1774 to 1780 and  1808 to 1822 
Support
 should appear near 1738 to 1731 and 1696 to 1689

July Cotton
Support
should appear near 52210 to 5200 and 5140 to 5125
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

Thursday April 20th 2006
9:05 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 4-20-2006
Short June Yen 8560

Short 2  June EC 12235 avg
ShorJune Swiss Franc 7802 avg
Long May Soybeans 572 1/2

Long May Soy Meal 177.5 

Long May Corn 235
Long July Coffee 11200