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 and Foreign Exchange TRADING IS 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, foreign exchange and options. Trading futures and foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please trade with capital you can afford to lose. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  No SOLICITATION IS made here for individuals to buy or sell futures contracts, foreign exchange or options market. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  Readers are solely responsible for how they use the information and for their results. You should be aware of all the risks associated with futures and foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The high degree of leverage that is often obtainable in futures and foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.  Internet Risks: There are risks associated with utilizing an Internet based Service including, but not limited to, the failure of hardware, software and Internet connection. Futurescom employs back-up systems and contingency plans to minimize the possibility of system failure

 

 

 

 


FuturesCom
Morning Investment Comments
 Monday April 18, 2011 

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

 

Sunday April 17, 2011
6:00 AM South Florida Beach Time
                  The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,320.00 and 12,030.00 to 11,920.00
 Resistance should appear near 12,530.00 and the 12,680.00 to 12,740.00 region

jUNE e-Mini sp500
 Resistance should appear near 1322.00 and the 1334.00 to 1346.00 region
BW Traders can sell at 1345.75 and risk a close over 1362.00 for three days in a row.
Support should appear at near 1310.00 to 1304.0. Day Traders can buy at 1311.00 and risk 8 points  
  

NAsdaq Composite
Resistance should appear near 2775.00 and 2797    
Support should appear near 2758.00... Below that buyers should appear near 2724.00 to 2716.00

jUNE E-Mini NasdaQ 100
 Resistance should appear near 2315.00 to 2322.00
Support should appear near 2275.00 to 2267

JUNE  E-Mini RUSSELL 2000
 Resistance should appear near 839.10 to 840.60 and the 848.40 to 849.90 region
Support should appear near 831.40 to 830.00 and the 822.30 to 819.40 region   
 
JUNE 30 YR BOND
Resistance should appear near 121-07 and 121-21
Support should appear near 120-07 and 119-21

June 10 yr Note
 Resistance should appear near 120-07 and 120-21
Support should appear near 119-07 and 118-21
                                  The Frenzied Forex Front
 June dOLLAR iNDEX
 Resistance should appear near 7587 to 7601     
Support should appear near 7428 to 7414  
 
June JAPANESE Yen
 Resistance should appear near 12175 and 12320 to 12380
Support should appear near 12030 to 11920                  
June EURO currency
 Support should appear near 14210 to 14150
Resistance should appear near 14530 to 14590
Day Traders can sell at 14529 and risk 30 points

June SWISS FRANC
 Resistance should appear near the 11300 to 11360 region
Support should appear near 11010 to 10960

JUNE BRITISH POUND
Support should appear near 16150 to 16090. BW Traders can buy at 16150, risk a close under 16087 for three days in row.
Resistance should appear near 16420 to 16550 BW Traders can sell at 16417, Risk a close over 16552 for three days in row.

 JUNE CanadIAN Dollar
 Resistance should appear near 10470 and 10580 to 10630            
Support should appear near 10360 to 10320 and 10237
Day Traders can buy at 10361 and risk 30 points
 
 JUNE AUSSIE DOLLAR
 Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10360 to 10320
Day Traders can buy at 10471 and risk 30 points  

  The Precious Metals

JUNE gold
 Resistance should appear near 1496 and the 1512.50.
Beyond that a test of 1529.0 to 1535.0 is likely.
Support is near 1484.0 and 1471.5.  
MAY COPPER
 Resistance should appear near 43700 to 43810 and 44250 to 44460  
Support should appear near 42490 to 42380 and 41830 to 41630
MAY Silver 
 Resistance should appear near 4370 to 4381                 
Support is at 4249 to 4238                                    
                                    The Exciting Energies  
June Crude Oil
Resistance should appear near 11300 to 11360 and 11500
Support should appear near 11010 to 10960 and 10825
MAY HeaTING Oil
 Support should appear at 32130 to 31940 and 31570 to 31480
Resistance should appear near 32610 to 32700  

MAY UNLEADED Gas
 Support should appear near 32700 to 32610 and 32130 to 31940
Resistance should appear near 33190 to 33280 and 33770 to 33810    

MAY NATURAL Gas
Support should appear at 4056 to 4046    
Resistance should appear near 4238 to 4249                                                                
  

                                THE GRANDE’ GRAINS
 JULY SOYBEANS
Resistance should appear 1377 to 1383        
Support should appear near 1334 and 1310 to 1304.
Day Traders can buy at 1311 and risk 10 cents

JULY SOYMEAL
Resistance should appear near 355.3 to 356.1           
Support should appear near 344.3 to 342.5         

JULY BEAN OIL
Resistance should appear near 5792 to 5805         
Support should appear near 5729 to 5716       
 
JULY CORN
Resistance should appear near 767 ½ to 768 ¾ and 776 ¼ to 777 ¾         
Support should appear 742 3/43 to 741 ½ and 734 ¼ to 732 ¾                 

JULY WHEAT
Resistance should appear near 802 ¾ to 804 ½ and 811 ¾ to 813 ½
Support should appear near 777 ¾ to 776 ¼ and 768 ¾ to 767 ½
Stay tuned for Flashes and additional Ideas for Grain Markets  

                                            THE LIVELY LIVESTOCK

JUNE CATTLE
Support should appear near 11500 and 11362 to 11297
Resistance should appear near 11637 to 11687  

JUNE HOGS
Resistance should appear near 10320 to 10360   
Support should appear near 10107 and 10037 to 10022

JULY HOGS
Resistance should appear near 10237 and 10317 to 10357  
Support should appear near 10037 to 10022  

                           The Satisfying Softs
 JULY COFFEE
Support should appear near 28830 to 28740.  
Resistance should appear near 29280 to 29370


JULY COCOA
Resistance should appear near 3194 to 3213      
Support should appear near 3102 to 3092   

 

JULY SUGAR
Resistance is at 2315 to 2322 and 2411 to 2419
Support should appear near 2275 to 2267 and 2226 to 2219   

 
 JULY COTTON
Resistance should appear near 18080 to 18220
Support should appear near 17380 to 17310 

          --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!  
Bill wil@futurescom.com  

Sunday April 17, 2011   7:15 AM South Florida Beach Time