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FuturesCom Investment Publications
Morning Comments  Monday May 15th 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 May 14th  2006
10:00  AM South Florida Beach Time             

                                  The Sensational Stock and Bond Markets               
Dow Jones Industrial Average
Resistance should now appear near 11,500.00 and  the 11,640.00 to 11,690 region…
Support remains near  the 11,360.00 to 11,300 .. A decisive failure of this region augurs for an eventual  test of 
11,010.00 to 10,960.00... Which should bring out buyers and should contain a decline...

June SP500
Support should appear near 1289.00.. Below that buyers should appear near 12174.00 to 1268.00 region 
Resistance should appear near 1304.00 to 1310.00 and 1322.00..

NASDAQ Composite
Support should appear near 2226.00 to 2219.00
Resistance should appear near 2267.00 t0 2275.00   . 

June Mini Nasdaq 100
Resistance should appear near 1642.00 to 1657.00
Support should appear near 1628.50 and 1615.00 to 1609.00.

June Mini Russell 2000
Support is at  734.20 to 742.80 and the 725.50 to 724.80 region. 
Resistance should appear near 748.60 to 751.30 and 758.70 to 760.10

June 10 Year T-Note  
Resistance should appear near  105-07 and 105-21.. beyond that a test of 106.07 is likely.    
Support  is at 104-21 and 104-07.. Below that a test of 103.21 is likely

June 30 Year  T-Bond
Resistance should appear near 106-07 and 106-21.. beyond that a test of 105-07 is likely  
Support  is at  105-07  and  104-21 .. Below that a trade towards 104-07 is likely
      

                                       The Frenzied Forex Front

June  Yen
Resistance should appear near 9140 to 9156..
Support should appear near 9060 to 9044

June  Euro Currency (EC)
Recommended Open Position Short 3 at 12343 avg
Support should appear at  12890, a close under augurs for a test of the 12740 to12680 region. 
Resistance should appear at 12965 and the 13040 to 13100 region   

June Swiss Franc
Recommended Open Position Short 4 at 8355  avg
Resistance should appear near 8391 to 8406 and 8484 to 8499
Support should appear near 8314 to 8300 and 8223 to 8194 

June  British Pound
Support should appear near 18650 to 18580 
Resistance should appear near 19020 to  19090

June  Canadian Dollar
Resistance should appear near 9044 to 9060 and 9140 to 9156 .
Support is at  8964 to 8934 and 8871 to 8856 

June Aussie Dollar
Support should appear near the 7601 to 7587 region
Resistance should appear near 7763 to 7777.  

 
                                            Precious Metals

June Gold
Resistance should appear at  724.2 to 725.5 and 741.4 to 742.8    
Support is at 691.9 to 690.6 and the 675.5 to 674.3 region

July Copper
Resistance should appear near 40460 to 40560 and 42380 to 42490
Support should appear near 35630 to 35530 and 33280 to 33190 

July Silver 
Resistance  should appear near 1484.0 to 1496.0 and 1529.0 to 1535.0  
Support  is at  1421.0 to 1415.0 and 1383.0 to 1377.0  

The Exciting Energies 
 

July Crude Oil
Resistance should appear near at 7328 to 7342 and 7486 to 7513 .. Beyond that sellers should appear
near  the 7587 to 7601 region   
Support should appear at  7255 to 7242, a close under augurs for a test of  7170 to 7143 and the
7088 to 7074 region 

June Unleaded Gas 
Resistance should appear near  22190 to 22260 and 23150 to 23220    
Support  should appear near 19960 to 19820  and 18650 to 18580

June Heating Oil
Resistance should appear at 21700 to 21850 
Support should appear near  19960 to 19820   

                                    The Lively Livestock

June Cattle
Recommended Open Position Short 7412
Support should appear near  7602 to 7587
Resistance is at 7837 to 7862

June  Hogs
Recommended Open Position Short 6672
Recommended Open Spread : Short 5 June at 6630/  Long 5 August 6572
Support is at  6672 to 6657 and 6592 to 6577
Resistance should appear near 6742 to 6757 and the 6807 to 6837 region which should cap a rally
BW Traders can sell at 6802 and risk a close over 6922 for three days in a row

BW Traders should go short if a close under 6572 occurs

July  Hogs
Support is at  6592 to 6577, a s slip under augurs for a test of 6512 to 6482
Resistance should appear near 6672 and 6742 to 6757  which should cap a rally
 

July Pork Bellies
Resistance should appear near 8302 to 8317 and 8392 to 8407    
Support  is at 8222 to 8192 and 8137 to 8117 

 
                                          The Grande’ Grains

July Soybeans
Resistance at  the 625 3/4 to 627 and 641 3/4 to 643  
Support should appear near 611 1/4 to 610 1/4 and 603 1/2 to 602 1/4 

July Soymeal
Resistance  should appear near  180.8 to 182.2 and 190.2 to 190.9 
Support should appear near  177.4 and 173.8 to 173.1

July Soybean Oil
Resistance should appear near 2663 to 2672 and 2758 to 2775 
Support should  appear near 2612 and 2568 to 2558   

July corn
Resistance should appear near 266 1/4 to 267 1/4 and the 271 1/4 to 272 1/2 region 
Support is at the 256 3/4 to 255 3/4 and 251 3/4 to 251 1/4 . 

July Wheat
Resistance should appear near 404 3/4 to 405 3/4 and 416 1/4 to 418 1/4   
Support should appear near 399 1/4 to 398 1/4 and 392 3/4 to 390 3/4

                                                           The Satisfying Softs

July ‘ The Monster ' Coffee
Support  should appear near 10135 to 10105 and 9940 to 9925
Resistance  should appear near 10580 to 10680 and 10960 to 11010

July Cocoa
Support is at 1535 to 1529
Resistance should appear near 1609 to 1615

July  Sugar
Resistance should appear near 1808 to 1822 and 1858 to 1865 
Support  should appear near 1696 to 1689 and 1655 to 1642

July Cotton
Support should appear near 4995 to 4975
Resistance should appear near 5345 to 5355  

    
-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  May 14th  2006
11:25 AM  South Florida Beach Time

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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.