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FuturesCom
Morning Investment Comments
Thursday June 16, 2011 

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

 

                         

                              Courage in a Speculator is merely confidence to act on the decision of his mind

 

Wednesday June 15, 2011
11:00 PM South Florida Beach Time              
                      The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11,69.00 to 11,640.00
 Resistance should appear near 11,920.00 to 12,030.00    

SEPT E-Mini sp500
 Resistance should appear near 1268.00 to 1274.00
Support should appear at near the 1238.00 to 1232.00 region BW Traders can buy at 1238.50 and risk a close under 1231.75 for three days in a row

NAsdaq Composite
Resistance should appear near 2663.00 to 2673.00         
Support should appear near 2620.00 to 2612.00   

SEPT E-Mini NasdaQ 100
 Resistance should appear near  2219.00 to 2226.00
Support should appear near  2185.00 to 2170.00   

SEPT E-Mini RUSSELL 2000
 Resistance should appear near  777.70 and 783.60 to 786.40  
Support should appear near 768.90 to 767.50 and 760.10 to 759.70      

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

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

                             The Frenzied Forex Front
 SEPT dOLLAR iNDEX
 Resistance should appear near 7675 to 7689       
Support should appear near 7601 to 7587   
 
 SEPT JAPANESE Yen
 Resistance should appear near the12680 to 12740 region.  
Support should appear near 12320 and 12175                    

 SEPT EURO currency
 Support should appear near 13830 to 13770  
Resistance should appear near 14150 to 14210  
SEPT SWISS FRANC
 Resistance should appear near 11920 to 12030    
Support should appear near 11690 to 11640

SEPT BRITISH POUND
Support should appear near the 16090 and 15760 to 15690
Resistance should appear near 16150 and  16237
SEPT CanadIAN Dollar
 Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104

SEPT AUSSIE DOLLAR
 Resistance should appear near 10470 and 10580 to 10680
Support should appear near 10360 to 10320                

 

                              The Precious Metals
 AUGUST gold
 Resistance should appear near 1529 to 1535    
Support is near 1515.50 and 1496 to 1484      
JulY COPPER
 Resistance should appear near  41630 to 41830 and 42380 to 42490
BW Traders can sell at 42370 and hold for lower prices.
Support should appear near 40560 to 40460 and 39920 to 39820

July Silver 
 Resistance should appear near 3613 to 3623 and 3663 to 3682
Support is at 3503 to 3493 and 3443 to 3425                                                                           
                                    The Exciting Energies  

August Crude Oil
Resistance should appear near 9706 to 9737
Support should appear 9347 to 9316

JUly Unleaded Gas
Support should appear near 28830 to 28740
Resistance should appear near 29730 to 29900          
JUly Heating oil
Support should appear at 29370 to 29280.   
Resistance should appear near the 30920 to 31020

July NATURAL Gas
Support should appear at 4514 to 4503 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 1377 to 1383
Support should appear near the 1346 to 1334 region.

JULY SOYMEAL
Resistance should appear near 366.3 to 368.2
Support should appear near 356.3 to 355.3 and 350.3 to 349.3    

JULY BEAN OIL
Resistance should appear near 5716 to 5729 and 5792 to 5805           
Support should appear near 5653 to 5640 and 5577 to 5553

JULY CORN
Resistance should appear near 748 ¾ to 751 ¾
Support should appear near 691 ¾ to 690 ¾   

JULY WHEAT
Resistance should appear near  732 ¾ to 734 ¾
Support should appear near 683 ¾ to 680 ¾                                 

                                          THE LIVELY LIVESTOCK

August Cattle

Support should appear near 10472 and 10367 to 10317
Resistance should appear near 10577 to 10682
 
JULY HOGS

Resistance should appear near 9707 to 9737
Support should appear near 9447 to 9427    

                                  The Satisfying Softs
 JULY COFFEE
Support should appear near 25680 to 25520
Resistance should appear near 27160 to 27240.

JULY COCOA
Resistance should appear near 3036 to 3045 and 3092 to 3102      
Support should appear near 2937 to 2928 and 2829 to 2820    

 

JULY SUGAR
Resistance is at 2612 to 2620 and 2663 to 2672
Support should appear near 2469 to 2461 and 2370 to 2354   

JULY COTTON
Resistance should appear near 16090 to 16150
Support should appear  14590 to 14530  
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Wednesday June 15, 2011 11:55 PM South Florida Beach Time