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
Thursday March 03, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy •
Grains • Livestock • Softs
"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-
Wednesday March 02, 2011
10:00 PM South Florida Beach Time
The
Sensational Stock and bond Markets
Dow Jones Industrial Average
Support
should appear near the 12,030.00 to 11960.00 region,.
Resistance
should appear near 12,175.00
and the 12,320.00 to 12,380.00 region
March e-Mini sp500
Resistance should appear near 1322.00
and the 1334.00 to 1346.00 region
Support should appear at near
1310.00 to 1304.00 and 1289.00
NAsdaq
Composite
Resistance
should appear near
2758.00 to 2775.00.
Support should appear near the 2724.00 to 2716.00 region.
March
E-Mini NasdaQ 100
Resistance
should appear near 2338 and 2354.00 to 2370.00
Support
should appear near 2322.00 to 2315.00 and 2295.00.
March E-Mini RUSSELL 2000
Resistance
should appear near
819.40 to 822.30
Support should appear near 804.40 to 802.90
JUNE 30 YR BOND
Resistance should appear near 119-21
and 120-07.
Support should appear near 118-21
and 118-07
June 10 yr Note
Support
should
appear near 118-07 and 117-21
Resistance is at 119-07 and 119-21
The Frenzied Forex Front
march dOLLAR iNDEX
Resistance
should appear
near 7675 to 7689
Support should appear near 7601 to 7587
march JAPANESE Yen
Resistance
should appear
near 12320 to 12380
Support should appear near 12175
and 12030 to 11920
march EURO currency
Support
should appear near 13830 to 13770
Resistance should appear near
13915 and 13990
march SWISS FRANC
Resistance
should appear near 10960 to 11010
Support should appear near 10680
to 10580
MARCH BRITISH POUND
Support should appear near
16150 to 16090
Resistance should appear near
16420 to 16550
JUNE CanadIAN Dollar
Resistance
should appear
near 10320 to 10360
Support should appear near
10185 and 10136 to 10104
MARCH AUSSIE DOLLAR
Resistance should appear near 10185 and 10320
to 10360
Support should appear near 10136
to 10104 and 10037 to 10021
The Precious Metals
April gold
Resistance
should appear near 1453.0 to
1459
Support is near 1421.0 to 1415.0
MAY COPPER
Resistance should
appear near 45710 to 45820
Support should appear near 44460
to 44250
MAY Silver
Support
should appear near 3386 to
3377 and 3270 to 3261
Resistance is at 3493 to 3503 and the 3553 to 3563 region
The Exciting Energies
April
Crude Oil
Resistance should
appear near 10320 to 13060 and 10470.
Support should appear near 10136 to 10104
and 10037 to 10021 .
april HeaTING Oil
Support
should appear near 29900 to 29720 and 28830 to
28740
Resistance should appear near
30920 to 31020 and 33770 to 33860.
april UNLEADED Gas
Support
should appear at 29370 to 29320 and 28830 to 28740
Resistance should appear near
30360 to 30450 and the 30920 to 31020 region
april
NATURAL Gas
Support
should appear at 3743 to 3734
Resistance should appear near
3982 to 3992
THE GRANDE’ GRAINS
MAY
SOYBEANS
Resistance
should appear 1415 to
1421.
Support should appear near 1383
to 1377
MAY SOYMEAL
Resistance should appear near 366.3 to 368.2 and 373.4 to 374.3
Support should appear near 356.3
to 355.3 and 344.3 to 342.5
MAY BEAN OIL
Resistance should appear near 5945 to 5957
Support should appear near 5805
to 5792
BW Traders should go short if a close under 5715 occurs.
MAY CORN
Resistance should appear near 732 ¾ to 734
¼ and 748 ¾ to 751 ¼
Support should appear 717 to 714
¼. And 708 ¾ to 707 ½
MAY WHEAT
Resistance
should appear near 819 ½
to 822 ¼ and 856 to 858 ¾.
Support should appear near 777 ¾
to 776 ¼ and the 760 ¼ to 759 ¾ region. .
THE
LIVELY LIVESTOCK
APRIL CATTLE
Support
should appear near 11010 to 10960
Resistance should appear near
11320 to 11360
APRIL HOGS
Resistance
should appear near
8937 to 8967 and 9042 to 9062
Support should appear near 8777
to 8762 and 8682 to 8667.
JUNE HOGS
Resistance
should appear near
10022 to 10037 and 10102 to 10137
Support should appear near 9937
to 9922 and 9837 to 9822
The Satisfying Softs
MAY COFFEE
Support should appear near 26200
to 26120 and the 25680 to 25520 region
Resistance should appear near
27580 to 27750 and the 30360 to 30450 region.
MAY COCOA
Resistance should appear near
3734 to 3743
Support should appear
near 3563 to 3553
MAY SUGAR
Resistance is at 3036 to 3045.
Beyond that sellers should appear near
the 3092 to 3102 region and cap a rally.
Support should appear near
2829 to 2820 and 2775 to 2758 .
BW Traders should go short if a close under 2817 occurs.
MAY COTTON
Resistance should appear near 21260 to 21340
Support
should appear near the 19960 to 19820.
--A Ship in Harbor is Safe...But
that is not what ships are built for --
Stay Tuned for Flashes and Additional Recommendations and Reports
.
Happy Trading!
Bill
wil@futurescom.com
Wednesday
March 02, 2011 11:30 PM
South
Florida Beach Time
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 Foriegn 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.