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The Bill Chippas Show
FuturesCom Investment Publications
Morning Comments Friday June 16th 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 June 15th 2006
10:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support should appear near 10960.00 and 10,820.00
Resistance should appear near 11,155 and 11,300.00 to 11,360.00
Sept SP500
Support is at 1253.00 and the 1238.00 to 1232.00 region.
Resistance should appear near 1268.00 to 1274.00
NASDAQ Composite
Support should appear near 2134.00 to 2126.00 .
Resistance should appear near 2170 to 2185
Sept Mini Nasdaq 100
Resistance should appear near 1609.00 to 1615.00
Support should appear near 1576.00 to 1569.00
Sept Mini Russell 2000
Support is at 700.30 to 699.00 and 691.90 to 690.60
Resistance should appear near 714.30 to 717.00 and the 724.20 to 725.50 region .
Sept 10 Year T-Note
Resistance should appear near 105-07 and 105-21
Support is at 104-21 and 104-07
Sept 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
Sept Yen
Resistance should appear near 8856 to 8871
Support should appear near 8777 to 8762
Sept Euro Currency (EC)
Recommended Open Position Short at 12697
Support should appear at 12680 ands 12602 a slip under augurs for a test of 12530 and eventually the 12380 to 12320 region ..
Resistance should appear near 12715 to 12740
Sept Swiss Franc
Recommended open position Short 4 at 8193
Resistance should appear near 8209 to 8223
Support should appear near 8194 and 8134 to 8119
Sept British Pound
Support should appear near 18220 to 18080
Resistance should appear near 18580 to 18650
Sept Canadian Dollar
Resistance should appear near 9044 to 9060.
Support is at 8964 to 8934.
Sept Aussie Dollar
Support should appear near 7342 to 7328 and 7255 to 7242
Resistance should appear near 7414 to 7428 and 7486 to 7513.
Precious Metals
August Gold
Resistance should appear at 585.5 to 588.0 and the 594.5 to 595.7 region
Support is at 572.9 to 571.6 and 565.3 to 564.0
July Copper
Resistance should appear near 33770 to 33880 and 34250 to 34430
Support should appear near 29370 to 29280 and the 28290 to 28200 region
July Silver
Resistance should appear near 1032.0 to 1038.0 and the 1058.0 to 1068.0 region
Support is at 993.5 to 992.0 and 973.5 to 970.5
The Exciting Energies
August Crude Oil
Resistance should appear near 7074 to 7088 and 7143 to 7170
Support Should appear near 7003 to 6990 and 6836 to 6809 .
July Unleaded Gas
Resistance should appear near 20800 to 20890 and 21260 to 21340
Support should appear near 19960 to 19820 and 18650 to 18580
July Heating Oil
Support should appear near 19090 to 19020 and 18220 to 18080
Resistance should appear near 19820 to 19960 and 20340 to 20420
The Lively Livestock
August Cattle
Resistance should appear near the 8300 to 8317 and 8392 to 8407
Support is at 8137 to 8117 and 8047 to 8027
August Hogs
Support is at 7172 to 7142 and 7087 to 7072
Resistance should appear 7412 to 7427 and 7487 to 7512
July Hogs
Recommended open position short 7 at 6497
Support is at 7342 to 7327 and 7257 to 7242
Resistance should appear 7597 to 7602 and 7675 to 7692
July Pork Bellies
Resistance should appear near 9522 to 9542 and 9622 to 9642
Support is at 9347 to 9317 and 9062 to 9042
The Grande’ Grains
August Soybeans 11
Resistance at 61210 to 611 1/4 and 616 1/2 to 619
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 185.8 to 186.5
Support should appear near 180.8 and 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
Support should appear near 2469 to 2461
Dec Corn
Recommended Open position Long 2 at 272 3/4 avg
Resistance should appear near 266 1/4 to 267 1/2
Support is at 262 to 261 1/4 and 256 3/4 to 255 3/4
Dec Wheat
Recommended open position Long at 418 3/4
Resistance should appear near 404 3/4 to 405 3/4 and 411 to 412 ..
Support should appear near 392 3/4 to 390 3/4 and 380 3/4 to 379 1/2
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 1496 to 1484
Resistance should appear near1609 to 1615
Oct Sugar
Resistance should appear near 1569 to 1576
Support should appear near 1459 to 1453
Dec Cotton.
Support should appear near 5730 to 5715 and 5655 to 5640
Resistance should appear near 5790 to 5805 and 5855 to 5880 .
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
Thursday June 15th 2006
11:00 PM South Florida Beach Time
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