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 June 27, 2011 

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

 

                              

Make a plan and Trade it


Sunday June 26, 2011 10:00 PM South Florida Beach Time 
"Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable – ranks high. There are certain chances that the most prudent man is justified in taking - chances that he must take if he wishes to be more than a mercantile mollusk--"
--Reminiscences of a Stock Operator --

The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11,920.00 and 11.805.00
 Resistance should appear near 1203.00 and 12,175.00

SEPT E-Mini sp500
 Resistance should appear near 1268.00 to 1274.00
Support should appear at near 1253.00, below that buyers should appear near 1238.00 to 1232.00.  BW Traders can buy at 1238.50 and risk close under 1231.75 for three days n a row.

 

NAsdaq Composite
Resistance should appear near 2663.00 to 2672.00        
Support should appear near 2620.00 to 2612  

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  802.90 to 804.40 and 811.90 to 813.40
Support should appear near 786.40 to 783.60 and 777.70 to 776.30

SEPT 30 YR BOND
Resistance should appear near 126-21and 127-07
Support should appear near 125-21 and 125-07.

SEPT 10 yr Note
 Resistance should appear near 125-07 and 125-21
Support should appear near 124-21 and 124-07.

                             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 12380 to 12320                     

SEPT EURO currency
 Support should appear near 14070 and 13990  
Resistance should appear near 14150 to 14210 and 14370
SEPT SWISS FRANC
 Resistance should appear near 11975 to 12030.  
Support should appear near 11920 and 11805   

SEPT BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150
SEPT CanadIAN Dollar
 Resistance should appear near  10104 to 10136
Support should appear near 10037 to 10021

SEPT AUSSIE DOLLAR
 Resistance should appear near  10320 to 10360
Support should appear near 10237 and 10136 to 10104.

 

                               The Precious Metals
 AUGUST gold
 Resistance should appear near 1529 to 1535     
Support is near 1496 to 1484
SEPT COPPER
 Resistance should appear near 41630 to 41830 
Support should appear near 40560 to 40460  

SEPT Silver 
 Resistance should appear near 3493 to 3503
Support is at 3386 to 3377                                           
                                 The Exciting Energies  

AUGUST CRUDE Oil
Resistance should appear near 9140 to 9156 and 9316 to 9347
Support should appear near 9060 to 9044 and 8964 to 8934
Below that buyers should appear near 8871 to 8856 . BW traders can buy at 8857 and risk a close under 8661 for three days in a row,

august HeaTING Oil
 Support should appear near 27580 and 27240 to 27160
Resistance should appear near 28200 to 28290 and 28740 to 28830           
august UNLEADED Gas
 Support should appear at 26720 to 26630   
Resistance should appear near 27580 to 27750  
august NATURAL Gas
Support should appear at 4183 to 4163   
Resistance should appear near 4304 to 4315                                                                 


                                THE GRANDE’ GRAINS
 AUGUST SOYBEANS
Resistance should appear 1334 to 1346
Support should appear near 1310 to 1304    

AUGUST SOYMEAL
Resistance should appear near  355.3 to 356.3           
Support should appear near the 338.6 to 337.7 region.

AUGUST BEAN OIL
Resistance should appear near 5553 to 5577           
Support should appear near 5504 to 5492

SEPT CORN
Resistance should appear near 657 ¾ to 659 ¼ and 665 ¾ to 667 ¼     
Support should appear 643 to 641 ¾ and 635 to 633 ¾   

SEPT WHEAT
Resistance should appear near 674 ¼ to 675 ½      
Support should appear near 643 to 641 ¾                           
                                               THE LIVELY LIVESTOCK

AUGUST CATTLE
Support should appear near 11320 and 11177.
Resistance should appear near 11500 and 11617  

 

JULY HOGS

Resistance should appear near 9707 to 9737
Support should appear near 9542 to 9527

AUGUST HOGS

Resistance should appear near 9622 to 9642   
Support should appear near 9442 to 9427. Below that buyers should appear near 9347 to 9317.
BW Traders can buy at 9352 and risk a close under 9137 for three days in a row.  

                                   The Satisfying Softs
 SEPT COFFEE
Support should appear near 24690 to 24610 and 23700 to 23540. 
Resistance should appear near 25520 to 25680 and the 26120 to 26200.   

SEPT COCOA
Resistance should appear near 3092 to 3102 region.          
Support should appear near 2937 to 2928     

 

OCT SUGAR
Resistance is at the 2663 to 2672 region
Support should appear near 2519 to 2511

OCT COTTON
Resistance should appear near 13040 to 13100   
Support should appear 12380 to 12320 . 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com  

Sunday June 26, 2011 10:50 PM South Florida Beach Time