Economic and Investment Trend Analysis - Socio Economics
Dow Jones - SP500 - NASDAQ - Russell 2000 - Treasuries - Forex - Precious Metals - Energy - Livestock - Grains - Softs
Premier Service - Platforms - Quotes - Online Signup - Bi-Weekly Outlook Archives - Special Reports - DIY Index
The Bill Chippas Show
FuturesCom Investment Publications
Morning Comments Wed July 12th 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
Tuesday July 11th 2006
3:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial Average
Support is at 11,010.00 to 10,960.00
Resistance now remains at 11,155.00.. beyond that sellers should appear near 11,300.00 to 11,360.00
Sept SP500
Support is at 1274.00 to 1268.00 and 1238.00 to 1232.00
Resistance should now appear near 1281.50 and 1289.00
NASDAQ Composite
Support should appear near 2089.00 to 2080.00
Resistance should appear near 2134.00 and 2152.00
Sept Mini Nasdaq 100
Resistance should appear near 1552.00 and 1569.00 to 1576.00
Support should appear near 1512..50 and the 1496.00 to 1484.00 region
Sept Mini Russell 2000
Support is at 708.80 to 707.40
Resistance should appear near 724.20 to 725.50
Sept 10 Year T-Note
Resistance should appear near 105 -07 and 105-21
Support is at 104-21 and 103-21
Sept 30 Year T-Bond
Resistance should appear near 107-07 and 107-21 which should cap a rally..
Support is at 106-21 and 106-07 , failure to maintain a posture over augurs for a test of 105-21 and 105-07
The Frenzied Forex Front
Sept Yen
Recommended open position Short 2 at 8832
Resistance should appear near 8856 to 8871 and 8934 to 8964
Support should appear near 8777 to 8762 and the 8589 to 8560 region
Sept Euro Currency (EC)
Recommended Open Position Short 2 at 12648
Support should appear at 12740 to 12680
Resistance should appear near 12890 and 12965
Sept Swiss Franc
Recommended Open Position Short 4 at 8162
Resistance should appear near 8223 and 8300 to 8314
Support should appear near 8134 to 8119
Sept British Pound
Recommended open position Short 2 at 18448
Support should appear near 18220 to 18080
Resistance should appear near 18580 to 18650
Sept Canadian Dollar
Resistance should appear near 8856 to 8871
Support is at 8777 to 8752
Sept Aussie Dollar
Recommended open position short 2 at 7448 avg
Support should appear near 7486 and 7428 to 7414
Resistance should appear near 7550 and 7586 to 7601
Precious Metals
August Gold
Resistance should appear at 648.3 to 650.9 and 657.7 to 659.1
Support is at 635.0 to 633.7 and 619.0 to 616.5
Sept Copper
Resistance should appear near 37340 to 37430
Support should appear near 34430 to 34250
Sept Silver
Resistance should appear near 1164.0 to 1169.0 and 1192.0 to 1203.0
Support is at 1101.0 to 1096. and 1068.0 to 1058.0
The Exciting Energies
August Crude oil
Resistance should appear near 7414 to 7428 and 7486 to 7513.
Support should appear near 7342 to 7328 and 7170 to 7143
August Unleaded gas
Resistance should appear near 22190 to 22260
Support should appear near 20880 to 20800
August Heating Oil
Support should appear near 19530 to 19460 and the19090 to 19020 region
Resistance should appear near 20340 to 20420 and 20800 to 20880
The Lively Livestock
August Cattle
Support should appear near 8317 to 8302 and 8222 to 8192
Resistance is at 8482 to 8502 and 8562 to 8592
August Hogs
Recommended open position short 7 at 6942 avg
Support is at 6742 to 6757 and the 6672 to 6657 region
Resistance should appear near 6807 to 6837 and 6907 to 6922
Oct Hogs
Support is at 5957 to 5942
Resistance should appear 6102 to 6117 .
July Hogs
Recommended open position short 2 at 6497
August Pork Bellies
Resistance should appear near 9317 top 9347 and 9527 to 9542
Support is at 9157 to 9142 and 9062 to 9042
The Grande’ Grains
August Soybeans
Resistance at 616 1/2 to 619 and the 625 3/4 to 627 region
Support should appear near 603 1/2 to 602 1/4 and 595 3/4 to 594 1/2
August Soymeal
Resistance should appear near 177.4 to 178.0
Support should appear near 173.8 to 173.1
August Soybean Oil
Resistance should appear near 2758 to 2775 and 2820 to 2829
Support should appear near 2672 to 2663 and 2620 to 2612.
Dec Corn
Resistance should appear near 282 to 282 3/4
Support is at 272 1/2 to 271 3/4
Dec Wheat
Resistance should appear near 437 to 438 1/4 and 442 1/2 to 444 3/4
Support should appear near 424 3/4 to 423 3/4 and 418 1/4 to 416 1/4
Trade Accordingly
The Satisfying Softs
Sept ‘The Monster ' Coffee
Support should appear near 9935 to 9920 and 9735 to 9705
Resistance should appear near 10135 to 10105 and 10320 to 10360
Sept Cocoa
Support is at 1696 to 1689 and 1655 to 1642
Resistance should appear near 1731 to 1738 and 1774 to 1780
Oct Sugar
Resistance should appear near 1684 to 1696
Support should appear near 1615 to 1609
Dec Cotton
Support should appear near 5210 to 5200 and 5140 to 5125
Resistance should appear near 5345 to 5355 and the 5415 to 5430 region
Trade Accordingly
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
Tuesday July 11th 2006
3:50 PM South Florida Beach Time
FuturesCom 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.