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FuturesCom
Morning Investment Comments
Tuesday June 07, 2011 

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

 

Monday June 06, 2011
3:00 PM South Florida Beach Time              
                         The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,030.00 to 11,920.00 , a close under is negative and augurs for an eventual test of 11,69.00 to 11,640.00 where buyers should appear and contain a decline .
 Resistance should appear near 12,175.00, a close over is friendly and augurs for a test of the
12,320.00 to 12,380.00 region  
SEPT E-Mini sp500
 Resistance should appear near 1304.00 to 1310.00
Support should appear at near 1274.00 to 1268.00


NAsdaq Composite
Resistance should appear near 2716 to 2724.00      
Support should appear near the 2672.00 to 2663.00 region. 

SEPT E-Mini NasdaQ 100
 Resistance should appear near 2315.00 to 2322.00
Support should appear near 2275.00 to 2267.00, below that buyers should appear near
the 2226.00 to 2219.00 region.

SEPT E-Mini RUSSELL 2000
 Resistance should appear near 802.90 to 804.40.
Support should appear near 777.70 to 776.30.  
BW Traders can buy at 777.90 and hold for higher prices.  

SEPT 30 YR BOND
Resistance should appear near 125-21 and 126-07
Support should appear near 124-21 and 124-07. 

SEPT 10 yr Note
 Resistance should appear near 123-21 and 124-07. 
Support should appear near 122-21 and 122-07

                             The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7486 to 7513       
Support should appear near 7428 to 7414.   
 
SEPT JAPANESE Yen
 Resistance should appear near the12680 to 12740 region.  
Support should appear near 12380 to 12320 and the 12030 to 11920 region.                    

SEPT EURO currency
 Support should appear near 14530 and the 14210 to 14150 region
Resistance should appear near 14590 and the14840 to 14960 region.

SEPT SWISS FRANC
 Resistance should appear near 12030 and the 12320 to 12380 region.  
Support should appear near 11920 and the 11690 to 11640 region. 

SEPT BRITISH POUND
Support should appear near 16285 and the 16210 to 16150
Resistance should appear near 16420 to 16550
SEPT CanadIAN Dollar
 Resistance should appear near 10237 and 10320 to 10360
Support should appear near 10136 to 10104 and the 10037 to 10021

SEPT AUSSIE DOLLAR
 Resistance should appear near 10580 to 10680
Support should appear near 10470 and 10360 to 10320.            
                                 The Precious Metals
 AUGUST gold
 Resistance should appear near the 1569 to 1576    
Support is near 1535 to 1529.00        
JulY COPPER
 Resistance should appear near 41630 to 41830 and the 42380 to 42490 region
BW Traders can sell at 42370 and hold for lower prices.
Support should appear near 40460 to 40560, below that a test of the 39090 to 39020 region is likely

July Silver 
 Resistance should appear near 3734 to 3743 and 3858 to 3867. 
Support is at 3443 to 3425, below that a test of 3386 to 3377 is likely                                          
                                  The Exciting Energies  

JUly Crude Oil
Resistance should appear near 9921 to 9937 and 10104 to 10136.
Support should appear 9837 to 9821 and 9641 to 9625. BW Traders can buy at 9841 for a bounce and risk a close under 9699 for three days in a row.

JUly HeaTING Oil
 Support should appear near 29900 to 29720 and the 28830 to 28740 region
Resistance should appear near 30920 to 31020 and the 31480 to 31570 region           
JUly UNLEADED Gas
 Support should appear at 28830 to 28720 and the 28290 to 28200 region.   
Resistance should appear near the 30360 to 30450 region.
July NATURAL Gas
Support should appear at 4717 to 4695 and 4446 to 4425.    
Resistance should appear near 4915 to 4928 and the 5056 to 5067 region. .                                                                
                                THE GRANDE’ GRAINS
 JULY SOYBEANS
Resistance should appear  1415 to 1421 and the 1453 to 1459 region  
Support should appear near  1383 to 1377 and  the 1346 to 1334 region.

JULY SOYMEAL
Resistance should appear near 366.3 to 368.2           
Support should appear near 350.3 to 349.3   

JULY BEAN OIL
Resistance should appear near 5855 to 5880 and 5945 to 5957            
Support should appear near 5792 a close under is negative and augurs for a test of
5653 to 5640

JULY CORN
Resistance should appear near 741 ½ to 742 ¾ and 748 ¾ to 751 ¼
Support should appear 717 to 714 ¼ region. BW Traders can buy at 717 ¾ and risk a close under 698 ¼ for three days in a row  

JULY WHEAT
Resistance should appear near 767 ½ to 768 ¾ and 776 ¼ to 777 ¾   
Support should appear near 734 ¼ to 732 ¾ and the 717 to 714 ¼ region.                                 

                                              THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 10137 to 10107
Resistance should appear near 10317 to 10362 and 10467.  

 JULY HOGS
Resistance should appear near 8932 to 8967.  BW Traders can sell at 8927 and hold for lower prices.
Beyond that sellers should appear near 9042 to 9062    
Support should appear near 8682 to 8667 and the 8592 to 8557 region.   

                                  The Satisfying Softs
 JULY COFFEE
Support should appear near 25680 to 25520 and 25190 to 25110
Resistance should appear near 26120 to 26200 and 26630 to 26720.

JULY COCOA
Resistance should appear near 2928 to 2937 and 2972 to 2990         
Support should appear near 2829 to 2820 and 2775 to 2758    

 

JULY SUGAR
Resistance is at 2411 to 2419 and the 2461 to 2469 region.  
BW Traders can sell at 2457 and hold for lower prices.
Support should appear near 2226 to 2219 and the 2185 to 2170 region   

JULY COTTON
Resistance should appear near 16090 to 16150
Support should appear 15350 to 15290.
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Monday June 06, 2011 3:55 PM South Florida Beach Time