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FuturesCom
Morning Investment Comments
Friday April 1, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

Thursday March 31, 2011
11:55 PM South Florida Beach Time

                          The Sensational Stock and bond Markets

Dow Jones Industrial Average
 Support should appear near 12,175.00
 Resistance should appear near 12,380.00 then 12,455.00 and 12,530.00

jUNE e-Mini sp500
 Resistance should appear near 1334.00 to 1346.00
Support should appear at near 1322.00 and 1310.00 to 1304.00
Day Traders can buy at 1310.50 and risk 7 Points

NAsdaq Composite
Resistance should appear near 2820.00 to 2829.00
Support should appear near 2775.00 to 2758.00                  

jUNE E-Mini NasdaQ 100
 Resistance should appear near  2354.00 to 2370.00
Support should appear near 2322.00 to 2315.00    
Day Traders can buy at 2322.5 and risk 10 points

JUNE  E-Mini RUSSELL 2000
 Resistance should appear near  856.00 to 858.90      
Support should appear near 831.40 to 830.00  
Day Traders can buy at 831.50 and risk 3 points .

JUNE 30 YR BOND
Resistance should appear near 120-21 and 121-07
Support should appear near 119-21 and 119-07

June 10 yr Note
 Support should appear near 118-07 and 117-07
Resistance is at 119-07 and 120-07                                                    

                               The Frenzied Forex Front
 June dOLLAR iNDEX
 Resistance should appear near 7675 to 7689     
Support should appear near 7601 to 7587  
 
June JAPANESE Yen
 Resistance should appear near 12030 and 12175
Support should appear near 11920 and 11817 
 
June EURO currency
 Support should appear near 13990 and 13830 to 13770
Resistance should appear near 14150 to 14210.

June SWISS FRANC
 Resistance should appear near 10960 to 11010
Support should appear near 10815 then 10757 and 10680 to 10630

JUNE BRITISH POUND
Support should appear near 15760 to 15690 BW Traders can buy at 15770
Resistance should appear near 16090 to 16150.
JUNE CanadIAN Dollar
 Resistance should appear near 10320 to 10360
Support should appear near 10237 and 10136 to 10104    
JUNE AUSSIE DOLLAR
 Resistance should appear near 10322 to 10362
Support should appear near 10185 and 10136 to 10104.                           

                                       The Precious Metals
 June gold
 Resistance should appear near 1453 to 1459
Support is near 1421 to 1415.Day Traders can buy at 1422.50
MAY COPPER
 Resistance should appear near 43040 to 43150   
Support should appear near the 41830 to 41630

MAY Silver 
 Support should appear near 3743 to 3734 and 3682 to 3663
Day Traders can buy at 3745 for a bounce and risk a trade under 3717                   
Resistance is at 3795 to 3803 and 3858 to 3867                          

                          The Exciting Energies  
May Crude Oil
Resistance should appear near 10820 and 10960 to 11010    
Support should appear near 10680 to 10630 and 10580  Day Traders can buy at 10582
 and initially risk a trade under 10467 .

May HeaTING Oil
 Support should appear near 31020 to 30920 and 304350 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130                   

 May UNLEADED Gas
 Support should appear near 31020 to 30920 and 304350 to 30360
Resistance should appear near 31480 to 31570 and 31940 to 32130                   
May NATURAL Gas
Support should appear at 4249 to 4238
Resistance should appear near 4571 to 4582                                                               
                                 THE GRANDE’ GRAINS
 MAY SOYBEANS
Resistance should appear 1453 to 1459       
Support should appear near 1399 and 1383 to 1377
  
MAY SOYMEAL
Resistance should appear near  373.4 to 374.5 and 379.5 to 380.6     
Support should appear near  368.2 to 366.3 and 362.3 to 361.2
Day Traders can buy at 362.5 and risk 3.00          

MAY BEAN OIL
Resistance should appear near 5945 to 5957        
Support should appear near 5805 to 5792    
 
MAY CORN
Support should appear near 725 ½ to 724 ¼   and  708 ¾ to 707 ½         
Resistance should appear 732 ¾ to 734 ¾               

MAY WHEAT
Resistance should appear near 776 ¾ to 777 ¾ and 793 ¾ to 795 ½
Support should appear near 751 ¼ to 748 ¾ and 725 ½ to 724 ¾
Trade Accordingly   

                                         THE LIVELY LIVESTOCK

JUNE CATTLE 
Support should appear near 12030 to 11920 and 11817    
Resistance should appear near 12317 to 12382. BW Traders can sell at 12317
and hold for lower prices.        

JUNE HOGS
Resistance should appear near 10477 and 10577 to 10632
Support should appear near 10362 to 1037 and 10237                       
                              The Satisfying Softs
 MAY COFFEE
Support should appear near 26200 to 26120 and 25680 to 25520
Resistance should appear near 27160 to 27240 and 27580 to 27750.   

 MAY COCOA
Resistance should appear near 3036 to 3045 and 3092 to 3102     
Support should appear near 2937 to 2928 and 2883 to 2874  

 

MAY SUGAR
Resistance is at 2820 to 2829
Support should appear near 2620 to 2612   

 
MAY COTTON
Resistance should appear near 19820 to 19960 and 20340 to 20420  

Support should appear near 190530 to 19460 and 19090 to 19020  

           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   Bill wil@futurescom.com   Friday April 1, 2011 3:00 AM South Florida Beach Time