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FuturesCom
Morning Investment Comments
Thursday April 7, 2011 

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

 

Wednesday April 6, 2011
8:00 PM South Florida Beach Time

                         The Sensational Stock and bond Markets

Dow Jones Industrial Average
 Support should appear near 12,380.00 to 12,320.00
 Resistance should appear near 12,530.00 and 12,680.00 to 12,740.00
jUNE e-Mini sp500
 Resistance should appear near 1334.00 to 1346.00.
Support should appear at near 1310.00 to 1304.00
Day Traders can buy at 1322 and risk 4 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 and the 2275.00 to 2267.00 region
Day Traders can buy at 2277 and risk 15 points
 
JUNE  E-Mini RUSSELL 2000
 Resistance should appear near 856.00 to 858.90 and 866.80 to 868.30     
Support should appear near 849.90 to 848.40 and 840.60 to 839.10
Day Traders can buy at 840.70 and risk 4 points  

JUNE 30 YR BOND
Resistance should appear near 119-21 and 120-07
Support should appear near 118-21 and 118-21

June 10 yr Note
 Support should appear near 117-21 and 117-07
Resistance is at 118-21 and 119-07                                                    

                               The Frenzied Forex Front
 June dOLLAR iNDEX
 Resistance should appear near 7587 to 7601     
Support should appear near 7513 to 7486  
 
June JAPANESE Yen
 Resistance should appear near 11815 and 11920 to 12030
Support should appear near 11690 to 11640.  Day Traders can buy at 11693 for a bounce
and risk 35 points

June EURO currency
 Support should appear near  14210 to 14150  
Resistance should appear near 14357 and 14530 to 14590
June SWISS FRANC
 Resistance should appear near 10960 to 11010.
Support should appear near 10815 and 10680 to 10630

JUNE BRITISH POUND
Support should appear near 16150 to 16090.
Resistance should appear near 16420 to 16550
JUNE CanadIAN Dollar
 Resistance should appear near 10470 and 10580
Support should appear near 10360 to 10320    
JUNE AUSSIE DOLLAR
 Resistance should appear near 10470 and 10580 to 10630
Support should appear near 10360 to 10320                         

 

                             The Precious Metals
 June gold
 Resistance should appear near 1484.0 to 1496.0
Support is near 1453 and 1437, Day Traders can buy at 1437 and risk 5.00.

MAY COPPER
 Resistance should appear near 43700 to 43810 and 44250 to 44460
Support should appear near the 42490 to 42380 and 41830 to 41630

MAY Silver 
 Support should appear near 3867 to 3858. Day traders can buy at 3868 and risk 20 cents
Resistance is at 3982 to 3992 and 4046 to 4056                     

 

                         The Exciting Energies  
May Crude Oil
Resistance should appear near 10960 to 11010.
Support should appear near 10757. Below that buyers should appear near 10680 to 10630 and contain a decline. Day traders can buy at 10687 and risk a trade under 10570  
May HeaTING Oil
 Support should appear near  31570 to 31480 and 31020 to 30920
Resistance should appear near 32610 to 32700 and 33190 to 33280               

May UNLEADED Gas
 Support should appear near  31570 to 31480 and 31020 to 30920
Resistance should appear near 31940 to 32130 and 32610 to 32700                 

May NATURAL Gas
Support should appear at 4056 to 4046
Resistance should appear near 4163 to 4183                                                               

                                 THE GRANDE’ GRAINS
 MAY SOYBEANS
Resistance should appear 1399 and 1415 to 1421       
Support should appear near 1377 and 1361 ½

MAY SOYMEAL
Resistance should appear near  361.3 to 362.3 and 366.3 to 368.2      
Support should appear near 350.3 to 349.3 and 344.3 to 342.5
 
MAY BEAN OIL
Resistance should appear near 5945 to 5957        
Support should appear near 5880 to 5855    
 
MAY CORN
Support should appear near 751 ¼ to 748 ¾ and 742 ¾ to 741 ½         
Resistance should appear 776 ¼ to 777 ¾ and 793 ¾ to 795 ½              

MAY WHEAT
Resistance should appear near  793 ¾ to 795 ¾ and 819 ½ to 822 ¼
Support should appear near 777 ¾ to 776 ¼  and 751 ¾ to 748 ¾   

                                       THE LIVELY LIVESTOCK

JUNE CATTER
Support should appear near 11692 to 11642   
Day Traders can buy at 11697 for a bounce and hold for higher prices
Resistance should appear near 11922 to 12032
     
JUNE HOGS
Resistance should appear near 10102 to 10137 and 10187
Support should appear near 10037 to 10022 and the 9937 to 9921 region
BW Traders can buy 9942 and hold for higher prices

                              The Satisfying Softs
 JULY COFFEE
Resistance should appear near 27160 to 27240
Support should appear near 26120 to 26200   

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

 JULY SUGAR
Resistance is at 25121 to 2519 and 2612 to 2620
Support should appear near 2469 to 2461 and 2419 to 2411   

 
JULY COTTON
Resistance should appear near 19820 to 19960  

Support should appear near 19090 to 19020  

 

           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  
Wednesday April 6, 2011
10:15 PM South Florida Beach Time