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The Bill Chippas Show
FuturesCom Investment Publications
Morning Comments Thursday June 29th 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 June 28th 2006
3:25 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support is at 10,820.00 and the 10680.00 to 10580.00 region
Resistance should appear near 10,960.00 to 11,010.00 and 11,155.00
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
Resistance remains near 2126.00 to 2134.00
Sept Mini Nasdaq 100
Resistance should appear near 1569.00 to 1576.00.
Support should appear near 1535.00 to 1529.00
Sept Mini Russell 2000
Support is at 683.60 to 680.90 and the 675.50 to 674.30 region
Resistance should appear near 699.00 to 700.30 and 707.40 to 708.60
Sept 10 Year T-Note
Resistance should appear near 104-07 and 104-21
Support is at 103-21 and 103-07
Sept 30 Year T-Bond
Resistance should appear near 105-21 and 106-07
Support should appear near 105-07 and 104-21
The Frenzied Forex Front
Sept Yen
Resistance should appear near 8762 to 8777 and 8856 to 8871
Support should appear near 8683 to 8668 and 8589 to 8560
Sept Euro Currency (EC)
Recommended Open Position Short at 12697
Support should appear at 12530 and 12380 to 12320
Resistance should appear near 12680 to 12740
Sept Swiss Franc
Recommended Open Position Short 2 at 8191
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029
Sept British Pound
Support should appear near 18220 to 18080
Resistance should appear near 18400 and 18580 to 18650
Sept Canadian Dollar
Resistance should appear near 8934 to 8964
Support is at 8871 to 8856
Sept Aussie Dollar
Support should appear near 7255 to 7242
Resistance should appear near 7328 to 7342
Precious Metals
August Gold
Resistance should appear at 585.5 to 588.0 and 594.5 to 595.7
Support is at 580.5 to 579.2 and 572.9 to 571.6
Sept Copper
Resistance should appear near 31570 and 31940 to 32130
Support should appear near 29900 to 29720 and 28830 to 28740.
Sept Silver
Resistance should appear near 1032.0 to 1036.0
Support is at 1005.0 to 10000
The Exciting Energies
August Crude Oil
Resistance should appear near 7242 to 7255 and 7328 to 7342
Support should appear near 7170 to 7143 and 7088 to 7074.
August Unleaded Gas
Resistance should appear near 21850 and 22190 to 22260
Support should appear near 20420 to 20340 and 19960 to 19820
August Heating Oil
Support should appear near 19090 to 19020 and 18650 to 18580
Resistance should appear near 20340 to 20420 and 20800 to 20880
The Lively Livestock
August Cattle
Support should appear near 8592 to 8562 and 8502 to 8482
Resistance is at 8762 to 8777 and 8857 to 8872
August Hogs
Recommended open position Short 2 at 7010
Support is at 6922 to 6907 and 6837 to 6807.. Below that 6757 to 6742 should contain a decline
Resistance should appear 6992 to 7002 then 7072 to 7087 and 7142 to 7172
July Hogs
Recommended open position short 5 at 6497
August Pork Bellies
Resistance 9237 and 9317 to 9347
Support is at 9062 top 9042 and 8967 to 8937
The Grande’ Grains
August Soybeans
Recommended open position long at 596 1/4
Resistance at 594 3/4 to 595 4/5 and 602 1/4 to 603 1/2
Support should appear near 585 1/2 and 580 1/2 to 579 1/4 below that 572 3/4 to 571 3/4 should contain a decline
August Soymeal
Recommended open position Long 2 at 178.9
Resistance should appear near 177.4 to 178.0
Support should appear near 173.8 to 173.1
August Soybean Oil
Recommended open position Long at 2521
Resistance should appear near 2558 to 2568and the 2612 to 2620 region
Support should appear near 2519 to 2511 and 2469 to 2461
Dec Corn
Recommended open position Long 2 at 272 3/4
Resistance should appear near 255 3/4 to 256 3/4 and 261 1/4 to 262
Support is at 251 3/4 to 251 1/4 and 246 3/4 to 246
Dec Wheat
Recommended open position Long at 418 3/4
Resistance should appear near 411 to 412 and 416 1/4 to 418 1/4
Support should appear near 405 3/4 to 404 3/4 and 399 1/4 to 398 1/4
The Satisfying Softs
Sept ‘The Monster ' Coffee
Support should appear near 10020 to 10035 and 10105 to 10135.
Resistance should appear near 9835 to 9820 and 9735 to 9705
Sept Cocoa
Support is at 1535 to 1529
Resistance should appear near 1609 to 1615
Oct Sugar
Resistance should appear near 1642 to 1655
Support should appear near 1576 to 1569
Dec Cotton.
Recommended open position long at 5510
Support should appear near 5355 to 5345 and 5280 to 5255
Resistance should appear near 5490 to 5505 and 5555 to 5575
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
Wed June 28th 2006
3:35 PM South Florida Beach Time
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