FuturesCom
Morning Investment Comments
Tuesday March 22, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs
Monday March 21, 2011
2:00 PM South Florida Beach Time
The Sensational Stock and bond Markets
Dow Jones Industrial Average
Support
should appear near 12,030.00 to 11960.00.
Resistance
should appear near 12,320.00 to 12.360
JUNE e-Mini sp500
Resistance
should appear near 1304.00 to 1310.00.. Day Traders should consider selling
against 1304.00 for a trade and risking over 1311
Support should appear at near
1289.00 and 1274.00 to 1268.00
Day Traders should consider buying against 1275 and risking a trade under
1267.00
NAsdaq Composite
Resistance
should appear near 2716 to 2724.. Which should cap a rally
Support should appear near 2672.00 to 2663.00
jUNE E-Mini NasdaQ 100
Resistance
should appear near 2267.00 to 2275.00
Support
should appear near 2243 and 2226.00 to 2219.090
JUNE E-Mini
RUSSELL 2000
Resistance
should appear near 819.40 to 822.30 and 830.00 to 831.40
Support should appear near 804.40 to 802.90 and the 795.40 to 793.90
region .
JUNE 30 YR BOND
Resistance should appear near 122-07 and 122-21
Support should appear near
121-07 and 120-21
June 10 yr Note
Support
should appear near 119-21 and 119-07
Resistance is at 121-07 and 121-21
The Frenzied Forex Front
June dOLLAR iNDEX
Resistance
should appear near 7587 to 7601
Support should appear near 7513 to 7486
June JAPANESE Yen
Resistance
should appear near 12500 , Day
Traders can sell against 12500 and risk 40 pts.
Beyond that a test of 12680 to 12740 is likely.
Support should appear near 12360 to 12320 and 12175. Below that
buyers should appear near 12030 to 11920.
June EURO currency
Support
should appear near 14150 , day traders can buy against 14510, however a
close under is negative and augurs
for a test of 13830 to 13770 over the next several weeks
Resistance should appear near
14370 and 14530 to 14590
Pick Your Poison.
June SWISS FRANC
Resistance
should appear near the 11155 and 1300 to 11360. Day Traders can sell against
11154 and risk 30 points.
Support should appear near
11010 to 10960 Day Traders Can buy
at 11010 for a bounce risk to
under 10945
JUNE BRITISH POUND
Support
should appear near 16237 and 16150 to 16090
Resistance should appear near
16420 to 16550. Day Traders can sell against 16417 and
risk 50 points
JUNE CanadIAN Dollar
Resistance
should appear near 10320 to 10360
Support should appear near 10136
to 10104. Day Traders can buy at 10137 and hold for higher prices.
JUNE AUSSIE DOLLAR
Resistance should
appear near 10021 to 10037
Support should appear near
9937 to 9921 and 9641 to 9625. Day
traders can buy at 9941 and risk an extended trade under 9917
The Precious Metals
April gold
Resistance
should appear near 1453 to 1459
Support is near 1421 to 1415. Day Traders can buy at 1422 and risk a
trade under 1414
MAY COPPER
Resistance should
appear near 43040 to 43150 , Day Traders can sell at 43030 for a quick turn
lower and risk 2.00 points . Beyond that 43700 to 43810 should cap a rally.
Support should appear near 42490
to 42380, a close under augurs for a test of and the
41200 to 41100 region
MAY Silver
Support
should appear near 3563 to 3553, Day Traders can buy at 3565 and risk a
extended trade under the 3503 to 3493 region Resistance is at 3663 to
3682 and 3734 to 3743. Day traders can sell against 3733 for a trade. Risk
an extended trade over 3807
The Exciting Energies
May Crude Oil
Resistance should
appear near , 10320 to 13060, an extended trade over 10360 is friendly for a
test of first 10470 and then 10580 to 10680 .. Consider Being long over
10365
Support should
appear near 10136 to 10104 Day Traders can buy at 10137 for a bounce and
risk an extended trade under 10017
april HeaTING Oil
Support
should appear near 29900 to 29720
Resistance should appear near
30920 to 31020
april UNLEADED Gas
Support
should appear at 29380 to 29280 and 28830 to 28740
Resistance should appear near
30920 to 31020
April NATURAL Gas
Support
should appear at 41200 to 41100
Resistance should appear near 43700 to 43810
THE GRANDE’ GRAINS
MAY SOYBEANS
Resistance
should appear 1377 to 1383
Support should appear near
1361 ½ and 1346 to 1334
MAY SOYMEAL
Resistance should appear near 373.4 to 374.8
Support should appear near 344.3
to 342.5
MAY BEAN OIL
Resistance should appear near 5716 to 5729. Traders should consider
selling 5707 for a trade and risk 50 points.
Support should appear near 5504
to 5492 and the 5430 to 5418 region.
MAY CORN
Support should appear near 659 ½ to 657 ¾
Resistance should appear 707 ¾
to 708 ¾
MAY WHEAT
Resistance
should appear near 776 ¾ to 777 ¾
Support should appear near 667 ¾
to 666 ¾
THE
LIVELY LIVESTOCK
APRIL CATTLE
Support should appear near 11300
and 11155
Resistance should appear near
11300 to 11360, beyond that a test of 11470 is likely.. Trade Accordingly
APRIL HOGS
Resistance
should appear near 9137 to 9157
Support should appear near 8592
to 8567
JUNE HOGS
Support
should appear near 10037 to 10022 and the 9937 to 9922 region
Consider buying Dips against 9937
Resistance should appear near
10107 to 10137 which should cap a rally
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 3261 to 3270
Support should appear
near 3045 to 3036
MAY SUGAR
Resistance
is at 2820 to 2829
Support should appear near 2620
to 2612
MAY COTTON
Resistance should appear near 20340 to 20420
Support
should appear near 19530 to 19090
--A
Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!
Bill
wil@futurescom.com
Monday March 21, 2011 2:45 PM
South Florida Beach Time