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FuturesCom Investment Publications
Morning Comments Thursday July 27th 2006
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Wed July 26th 2006
7:00  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 should appear near  11,155.00  and 11,300 to 11,360.00

Sept  SP500
Support
is at 1268.00 and 1253.00.
Resistance
should appear near 1274.00  and 1281.50.  Beyond that 1289.00 should cap a rally.   

NASDAQ Composite
Support
should appear near 2042.00 to 2034.00 
Resistance
should  appear near2080.00 to 2089.00   

Sept Mini Nasdaq 100
Resistance
should appear near  the 1512.50 and 1529.00 to 1535.00 
Support should appear near 1484.00 and 1459.00 to 1453.00.   

Sept Mini Russell 2000
Support
is at 691.90 to 6980.60 and 683.6 to 680.90
Resistance
should appear near 699.00 to 700.30 and the 707.40 to 708.80 region .

Sept  10 Year T-Note  
Resistance
should appear near  105-21 and 106-07
Support  is
at  105-07 and 104-21 

Sept  30 Year  T-Bond
Resistance
should appear near 108-07 and 108-21 which should cap a rally for some time to come
Support  is
at  107-07 and 106-21

Trade accordingly   

 

The Frenzied Forex Front 

Sept  Yen
Resistance
should appear near 8668 to 8683 and 8762 to 8777.. BW  Traders can sell at 8761 for a turn lower 
Support should appear near  8589 to 8560  and the  8499 to 8484 region. 

Sept  Euro Currency (EC)
Support
should appear at  12715 to 12680 and 12530  . 
Resistance should appear near
12815  BW Traders can sell at 12815 for a turn lower and hold for lower prices.    

Sept Swiss Franc
Resistance should appear near  8119 to 8134  
Support  should  appear near 7954 to 7939 

Sept  British Pound
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  8683 to 8668 

Sept Aussie Dollar
Support
should appear near 7513 to 7486
Resistance
should appear near 7675 to 7689

 

                                       Precious Metals

Dec  Gold
Resistance
should appear at 641.7 to 643.0 and 648.3 to 650.9
Support is at  619 to 616.5 and 603.5 to 602.3

Sept Copper
Resistance  
should appear near  34930 to 35030 and 36130 to 36230   
Support
should appear near 33860 to 33770 and 32130 to 31940     

Sept  Silver 
Resistance
should appear near  1130.0 to 1138.0
Support  is at 1068.00 to 1058.0 


The Exciting Energies

Sept Crude Oil
Resistance
should appear near  7414 to 7428 and 7486 to 7513  
Support  
should appear near 7342 to 7328  and 7170 to 7143

Sept Unleaded gas
Resistance
should appear near 23150 to 23220 and  23540 to 23700
Support should appear near 22260 to 22190 and  21850 to 21700  

Sept Heating Oil
Support
should appear near 19960 to 19820 and 19530 to 19460
Resistance
should appear near  20800 to 20890 and 21260 to 21340    

                                  
                                      The Lively Livestock

Oct  Cattle
Support
should appear near 8682 to 8667 and 8592 to 8562 
Resistance is at 8857 to 8872 and 9042 to 9062      

Oct Hogs
Resistance
 is at  5942 to 5957 and 6022 to 6037.
Support should appear near 5807 to 5792 and 5732 to 5717

August Pork Bellies
Resistance
 should
 appear near  9142 to 9157 and 9317 to 9347   
Support
 is at 8967 to 8937 and 8872 to 8857  


                                        The Grande’ Grains

Nov Soybeans

Resistance
at   610 1/4 to 611 1/4 and 616 1/2 to 619
Support
should appear near 595 3/4 to 594 1/2 and 588 to 585 1/2 

Dec Soymeal

Resistance should
appear near  177.4 to 178.0  
Support
 should appear near 169.6 to 168.9

Dec Bean Oil
Resistance
should appear near  2716 to 2724
Suppor
t should appear near  2620 to 2612

Dec Corn
Resistance
should appear near  2611/4 to 262 1/4  
Support is at  246 3/4 to 246 1/4

Dec Wheat
Resistance
should appear near  411 to 412   
Support
should appear near 392 3/4 to 390 3/4    


                                                       
   The Satisfying Softs

Sept ‘The Monster ' Coffee
Support
should appear near 9345 to 9315  
Resistance  should appear near 9705 to 9735    

Sept Cocoa
Support
is at 1459 to 1453 and 1421 to 1415
Resistance should appear near 1484 to 1496 and 1529 to 1535.

Oct Sugar
Resistance
should appear near  1529 to 1535 .
Support  should appear near  1459 to 1453 

Dec Cotton
Support
should appear near 5505 to 5490 and 5430 to 5415  
Resistance should appear near 5640 to 5655 and 57615 to 5730

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

Wed July 26th    2006
8:00 PM  South Florida Beach Time

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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 7-26-2006
NONE