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FuturesCom
Morning Investment Comments
Thursday March 17, 2011

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

 

Wednesday March 16, 2011
7:00 PM South Florida Beach Time


                          The Sensational Stock and bond Markets

Dow Jones Industrial Average
Support should appear near 11,360.00 to 11,320.00.
Resistance should appear near 11,640.00 to 11,690 and 11,815.00. 

jUNE e-Mini sp500
Resistance should appear near  1253.00 and 1268.00 to 1274.00   
Support should appear at near 1238.00 to 1232.00 and 1203.00 to 1192.00   
 
NAsdaq Composite
Resistance
should appear near 2663.00 to 2672.00      
Support should appear near 2568.009 to 2552.00                   

jUNE E-Mini NasdaQ 100
Resistance
should appear near  2219.00 to 2226.00 and 2267.00 to 2275.00  
Support
should appear near the 2185.00 to 2170.00 and 2134.00 to 2126.00 region   

JUNE  E-
Mini RUSSELL 2000
Resistance
should appear near  776.30 to 777.70 and 783.60 to 786.40 region     
Support should appear near 768.90 to 767.50 and the 751.30 to 748.60 region.
    
JUNE 30 YR BOND
Resistance
should appear near 124-07 and 124-21
Support should appear near 122-21 and 122-07


June 10 yr Note
Support
should appear near 120-21 and 120-07
Resistance is at 122-07 and 122-21 
                          


                               The Frenzied Forex Front
June dOLLAR iNDEX
Resistance
should appear near 7763 to 7777       
Support should appear near 7689 to 7675   
 
June JAPANESE Yen
Resistance
should appear near 13040 to 13150
Support should appear near 12680 then 12500 and 12380 to12320.
    
          
June EURO currency
Support should appear near 13830 to 13770 and 13615  
Resistance should appear near  13990 and the 14150 to 14210 region  

June SWISS FRANC
Resistance should appear near the 11300 to 11360
Support should appear near  11010 to 10960

JUNE BRITISH POUND
Support should appear near 15760 to 15690     
Resistance should appear near  16090 to 16150

JUNE CanadIAN Dollar
Resistance
should appear near 10104 to 10136              
Support should appear near 9937 to 9921    

JUNE AUSSIE DOLLAR
Resistance should
appear near 9706 to 9737 and 9821 to 9837   
Support should appear near 9641 to 9625 and 9542 to 9526  
       

                                    The Precious Metals

April gold
Resistance
should appear near 1399 and 1415 to 1421
Support is near 1383 to 1377    

MAY COPPER
Resistance should appear near 423890 to 42590 and 43040 to 43150     
Support should appear near 41200 to 41100 and 39920 to 39820

MAY Silver 
Support
should appear near 3328 to 3319 and 3270 to 3261                   
Resistance is at 3493 to 3503 and 3553 to 3563
                                      
                                   
The Exciting Energies  

April Crude Oil
Resistance should appear near 10021 to 10037
Support should
appear near 9542 to 9526.

april HeaTING Oil
Support
should appear near 28290 to 28200
Resistance should appear near the 30360 to 30450                    

april UNLEADED Gas
Support
should appear at 2775 to 27580
Resistance should appear near 29280 to 29370                    

april NATURAL Gas
Support
should appear at 3806 to 3795    
Resistance should appear near 3982 to 3992         
                                                      
  
 

                                 THE GRANDE’ GRAINS
MAY SOYBEANS
Resistance
should appear 1304 to 1310 and 1334 to 1346        
Support should appear near 1274 to 1268 and 1238 to 1232

MAY SOYMEAL
Resistance
should appear near 349.3 to 350.3 and 355.3 to 356.3        
Support should appear near 344.3 to 342.5 and 338.6 to 337.7        

MAY BEAN OIL
Resistance
should appear near 5418 to 5430 and 5492 to 5504       
Support should appear near 5282 to 5259 and 5211 to 5200   
 
MAY CORN
Support should
appear near 611 ¼ to 610 ¼        
Resistance should appear 657 ¾ to 659 1/4               

MAY WHEAT
Resistance
should appear near 707 ¼ to 708 ¾
Support should appear near 635 to 633 ¾  
 

                                          THE LIVELY LIVESTOCK

APRIL CATTLE
Suppor
t should appear near 11010 to 10960   
Resistance should appear near  11300 to 11360      

APRIL HOGS

Resistance should appear near 8667 to 8682    
Support should appear near 8502 to 8482  

JUNE HOGS

Support should appear near 9347 to 9317  
Resistance should appear near 9707 to 9737

                                                                                                    

                            The Satisfying Softs
MAY COFFEE
Support should appear near 25190 to 25110.
Resistance should appear near 28200 to 28290    

MAY COCOA
Resistance should appear near 3377 to 3386      
Support should appear
near 3045 to 3036  

 

MAY SUGAR
Resistance
is at 2612 to 2620.
Support should appear near 2322 to 2315  

 
MAY COTTON
Resistance
should appear near 19020 to 19090    

Support should appear near  17800 to 17740

 

           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill
wil@futurescom.com  

Wednesday March 16, 2011   8:10 PM South Florida Beach Time