FuturesCom
Morning Investment Comments
Tuesday April 26, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains •
Livestock • Softs
“A lot of people approach risk as if
it’s the enemy, when it’s really fortunes accomplice.”
Monday April 25, 2011
4:00 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 the 12680.00 to 12,740.00 region
jUNE e-Mini sp500
Resistance should appear near the
1334.00 to 1346.00.
Support should appear at near
1322. Traders can buy at 1322.75
for a bounce and risk a close under 1321.00 for three days in a row.
NAsdaq Composite
Resistance
should appear near 2829 and
2874.00 to 2883.00
Support should appear near 2775.00 to 2758.00
jUNE
E-Mini NasdaQ 100
Resistance
should appear near 2411.00 to 2419.00.
Support
should appear near 2370.00 to 2354.00
JUNE E-Mini RUSSELL 2000
Resistance
should appear near 856.90 to
858.90 and 866.80 to 868.30
Support should appear near 840.60 to 839.10 and the 831.40 to 830.00
region.
JUNE 30 YR BOND
Resistance should appear near 122-07 and 122-21
Support should appear near 121-07
and 120-21.
June 10 yr Note
Resistance
should appear near 120-21 and
121-07.
Support should appear near 119-21
and 119-07
The Frenzied Forex Front
June dOLLAR iNDEX
Resistance
should appear
near 7487 to 7513
Support should appear near the 7342 to 7328 region.
June JAPANESE Yen
Resistance
should appear
near 12320 to 12380
Support should appear near 12030 to 11960
June EURO currency
Support
should appear near 14530 and 14370
Resistance should appear near
14840 to 14960
June SWISS FRANC
Resistance
should appear near 11500 and 11640
to 11690
Support should appear near
11330 to 11300 and 11155
JUNE BRITISH POUND
Support should appear near
16420 and 16237
Resistance should appear near
16890 to 16960
JUNE CanadIAN Dollar
Resistance
should appear
near 10580 to 10630 and 10680
Support should appear near 10360
to 10320 and 10237
BW Traders can buy at 10367 and hold for higher prices
JUNE AUSSIE DOLLAR
Resistance should appear near 10815 and 10960
to 11010
Support should appear near 10630
to 10580.
The
Precious Metals
JUNE gold
Resistance
should appear near the 1529 to
1535 region. A close over is friendly
and augurs for a test of 1569.0 to 1576.0
Support is near 1496.0 to
1484.0 , below that buyers should appear near
1471.5 and the 1459 to 1453 region. BW
Traders can buy at 1472 for a bounce and hold for higher prices.
Aggressive Traders should go long if a close over 1537 occurs. Stay tuned
for Flashes …
JulY COPPER
Resistance should
appear near 44250 to 44460 and 45030 to 45140
Support should appear near 43040
and the 42490 to 42380 region.
BW Traders can buy at 42510 for a bounce and risk a close under 42350 for
three days in a row
July Silver
Resistance
should appear near 4775 to
4785 and the 4845 to 4856 region.
Support is at 4650 to 4639 and 4514 to 4503
The Exciting Energies
JUNE Crude
Oil
Resistance should
appear near 11500. Beyond that a test of 11640 to 11690 is likely.
BW Traders should go long is a close over 11367 occurs.
Support should appear near 11175 and 11010
to 10960.
BW Traders can buy at 11017 and Hold for higher prices
JUNE HeaTING Oil
Support
should appear near 31570 to 31480 and 31020 to
30920
Resistance should appear near
32600 to 32710
JUNE UNLEADED Gas
Support
should appear at 32130 to 31940. BW Traders can buy
at 32150 for a bounce and risk a close under 31470 for three days in a row.
Resistance should appear near
33190 to 33280 .
June NATURAL Gas
Support
should appear at 4381 to 4370
and 4315 to 4304
Resistance should appear near
4503 to 4514 and 4639 to 4650
THE GRANDE’ GRAINS
JULY
SOYBEANS
Resistance
should appear 1415 to 1421
Support should appear near
1383 to 1377
JULY SOYMEAL
Resistance should appear near 366.2 to 368.3 and 373.4 to 374.3
Support should appear near 362.3
to 361.3 and 356.3 to 355.3
BW Traders should go long if a close over 368.3 occurs.
JULY BEAN OIL
Resistance should appear near 5945 to 5957 and the 6023 to 6036 region.
Support should appear near the
5880 to 5855 region. Below that Buyers should appear near 5805 to 5792
region. BW Traders can buy at
5807 and risk a close under 5714 for three days in a row.
JULY CORN
Resistance should appear near 776 ¼ to 777 ¾ , beyond that a test of 793
¾ to 795 ½ is likely
Support should appear 760 ¼ to
759 ¾ and 742 3/43 to 741 ½.
JULY WHEAT
Resistance
should appear near 866 ¾
to 868 ¼ and 885 ¾ to 887 ¼
Support should appear near
849 ¾ to 848 ½ and 831 ½ to 830
THE
LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 11300 then 11157 and 11010
Resistance should appear near
11362 and 11470
JUNE HOGS
Resistance
should appear near
9917 to 9937 and 10017 to 10037
Support should appear near 9837
to 9822 and the 9737 to 9707 region
JULY HOGS
Resistance
should appear near
10102 to 10137
Support should appear near
9937 to 9922 and
9837 to 9822.
BW Traders can buy at 9837 and hold for higher prices. .
The Satisfying Softs
JULY COFFEE
Support should appear near 28830
to 28740 and 28290 to 28200.
Resistance should appear near
29720 to 29900 and the 30360 to 30450 region.
JULY COCOA
Resistance should appear near
3092 to 3102 and the 3148 to 3157 region.
Support should appear
near 2990 to 2972, a close under is negative and augurs for a test of
2937 to 2928
JULY SUGAR
Resistance is at 2411 to 2419 and the 2461 to
2469 region
Support should appear near 2322
to 2315 and 2275 to 2267
BW Traders should go long if a close over 2422 occurs.
JULY COTTON
Resistance should appear near 17700 to 17800 and the 18080 to 18220
region .
Support should appear near 16550
to 16420 and the 16150 to 16090 region
--A
Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!
Bill
wil@futurescom.com
Monday April
25, 2011 4:35 PM
South Florida Beach Time