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FuturesCom
Morning Investment Comments
Tuesday June 28, 2011 


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

 

   

Monday June 27, 2011 1:00 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 12,030.00 to 11,920.00 and 11.805.00
Resistance should appear near 12,175.00 and 12,320.00 to 12,380.00

SEPT E-Mini sp500
Resistance should appear near 1289.00 to 1304.00 to 1310.00
Support should appear at near 1274.00 to 1268.00 and 1253.00

 

NAsdaq Composite
Resistance
should appear near  2716.00 to 2724.00         
Support should appear near 2672.00 to 2663.00  

SEPT E-Mini NasdaQ 100
Resistance
should appear near 2267.00 to 2275.00.
Support
should appear near 2226.00 to 2219.00.

SEPT E-
Mini RUSSELL 2000
Resistance
should appear near  802.90 to 804.40 and 811.90 to 813.40
Support should appear near 795.40 to 793.90 and 786.40 to 783.60

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 124-07 and 123-21

 

                             The Frenzied Forex Front
SEPT dOLLAR iNDEX
Resistance
should appear near 7675 to 7689      
Support should appear near 7513 to 7486  
 
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 14210 to 14150    
Resistance should appear near 14370 and 14530 to 14590


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  10136 and 10185
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 3425 to 3443
Support is at 3326 to 3319  
                                        
                                
The Exciting Energies  

AUGUST CRUDE Oil
Resistance should appear near 9140 to 9156 and 9316 to 9347
Support should
appear near 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 5430 to 5418

SEPT CORN
Resistance should
appear near 657 ¾ to 659 ¼     
Support should appear 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 11010 to 10960
Resistance should appear near 1`1300 to 11360  


AUGUST HOGS

Resistance should appear near 9317 to 9347   
Support should appear near 9062 to 9042  

                                  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  

Monday June 27, 2011 1:40 PM South Florida Beach Time