Economic and Investment Trend Analysis - Socio Economics 
Dow Jones - SP500 - NASDAQ - Russell 2000 - Treasuries - Forex -  Precious Metals - Energy - Livestock - Grains - Softs

 Premier ServicePlatforms - Quotes - Online Signup - Bi-Weekly Outlook ArchivesSpecial Reports - DIY Index
          The Bill Chippas Show

FuturesCom Investment Publications
Morning Comments  Tuesday June 13th  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                                                    


Monday  June 12th  2006
5:00 PM South Florida Beach Time
 

                                           The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Support
t should appear near the 10,680.00 to 10,580.00 region
Resistance
remains near 10,820.00 and 10960.00 to 11,010.00.

Sept  SP500
Support
is at  the 1238.00 to 1232.00 region .
Resistance should appear near 1268.00 to 1274.00.

NASDAQ Composite
Support
should appear near 2089.00 to 2080.00 and the 2042 to 2034.00 region .
Resistance
should appear near 2126.00 to 2134.00 and  2170.00 to 2185.00    

Sept  Mini Nasdaq 100
Resistance
should appear near 1569.00 to 1576.00     
Support should appear near 1535.00 to 1529.00 and the 1496.00 to 1484.00 region 

Sept  Mini Russell 2000
Support
is at 683.6 to 680.9 and the 675.50 to 674.30 region  
Resistance
should appear near 690.60 to 691.90 and the 699.00 to 700.30 region .

Sept  10 Year T-Note  
Resistance
should appear near 106-07 and 106-21
Support
 is at 105-21 and  105 -07 

Sept  30 Year  T-Bond
Resistance
should appear near 108-07 and 108-21   
Support  is
at  107-21 and 107-07   

                                 The Frenzied Forex Front

Sept  Yen
Resistance should appear near 8871 and 8902 
Support should appear near 8777 to 8762

Sept  Euro Currency (EC)
Recommended Open Position Short at 12697
Support
should appear at 12530, a slip under augurs for a test of  the 12380 to 12320 region .. 
Resistance should appear near  12715 to 12740 and 12815


Sept Swiss Franc
Recommended open position Short 4 at 8193
Resistance should appear near 8194 to 8223 and 8261
Support 
should  appear near  8134 to 8119 and 8044 to 8029

Sept  British Pound
Support
should appear near 18220 to 18080
Resistance
should appear near 18580 to 18650

Sept  Canadian Dollar
Resistance
should appear near 9140 to 9156 which should cap a rally
Support
is at  9060 to 9044  

Sept Aussie Dollar
Support
should appear near 7428 to 7414
Resistance
should appear near  7486  to 7513.   
 

                                      Precious Metals

August  Gold
Resistance
should appear at  610.1 to 611.3 and 616.5 to 619.0    
Support
is at  603.5 to 602.3 and 595.7 to 594.7.. below that a test of 588 to 585.5 is likely.

July  Copper
Resistance  
should appear near  32610 to 32700 and 33190 to 33280 
Support
should appear near 310.20 to 309.20 and the 29370  to 29280 region

July Silver 
Resistance
 should appear near  1096.0 to 1101.0 and 1130.0 to 1136.0 
Support  is at  1068.0 to 1058.0 and 1036.0 to 1032.0  

 

The Exciting Energies

July Crude Oil
Resistance
should appear near 7074 to 7088 and 7143 to 7170. 
Support Should appear near 6919 to 6906 and the 6755 to 6743 region . 

July Unleaded Gas
Resistance
should appear near  21260 to 21340 and 21700 to  21850
Support
should appear near 20430 to 20340 and 19960 to 19820

July Heating Oil
Support
should appear near 19090 to 19020 and 18220 to 18080
Resistance
should appear near 20340 to 20420 and 20800 to 20890


                                         The Lively Livestock

August  Cattle
Resistance
 should appear near the 7937 to 7957 and 8027 to 8047  
Support is at  7777 to 7762  and 7692 to 7672 . 

July  Hogs
Recommended open position short 7 at 6497
Support is at  6922 to 6907 and 6837 to 6807 
Resistance should appear  7087  and 7142 to 7172


July Pork Bellies
Resistance
should appear near 8762 to 8777 and 8857 top 8872       
Support
 is at  8682 to 8667 and the 85923 to 8562 region   


                                           The Grande’ Grains

August  Soybeans
Resistance at  616 1/2 to 619 and 625 3/4 to 627  
Support
should appear near 603 1/2 to 602 1/4 and 595 3/4 to 594 1/2 

August Soymeal
Recommended open position long at 178.0
Resistance should appear near  182.2 and 185.8 to 186.5 
Support  should appear near  178.0  to 177.4 and 173.8 to 173.1 

August Soybean Oil
Recommended open position Long at 2521
Resistance
should appear near 2558 to 2568 and 2612 to 2620
Suppor
t should appear near 2519 to 2511 and 2469 to 2461

Dec Corn
Recommended Open position Long 2 at 272 3/4 avg
Resistance
should appear near  275 3/4 to 277 1/2 and 282 to 282 3/4
Support
is at 272 1/2 to 271 3/4 and 267 1/4 to 266 1/4.   

Dec Wheat
Recommended open position Long at 418 3/4
Resistance should appear near 411 to 412 and 423 3/4 to 424 3/4  ..
Support
should appear near 404 3/4 and 392  3/4 to 390 3/4 
        

                                             The Satisfying Softs

Sept ‘The Monster ' Coffee
Support
should appear near  9735 to 9705 and 9640 to 9625
Resistance  should appear near 9920 to 9935 and 10020 to 10035  

Sept Cocoa
Support
is at 1484 and 1421 to 1415 ..
Resistance should appear near 1496 and 1529 to 1535

Oct Sugar
Resistance
should appear near  12529 to 1535 and 1569 to 1576.
Support  should appear near 1496 to 1484 and 1459 to 1453 

Dec Cotton.
Support
should appear near  5805 to 5790 and 5730 to 5715..
Resistance should appear near 5945 to 5955 and the 6025 to 6040 region.   

 
A Ship in Harbor is Safe...But that is not what ships are built for -

Traders should stay tuned for additional commentary and recommendations
for all markets  via Updates and Flashes..     

Happy Trading !
Bill  wil@futurescom.com
1-866-409-3890

Monday June 12th    2006
5:55  PM  South Florida Beach Time

F
uturesCom Investment  Publications © copyright 1996 – 2006 all rights reserved Terms

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.

BW Recommended Open Positions 6-12-2006
Short Sept EC 12697
Short 4 Sept Swiss Francs 8193  
Short 7 July hogs 6497
Long August Bean Oil 2521
Long August Soymeal  178.0 
Long Dec Wheat 418 3/4
Long 2 Dec Corn 272 3/4