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FuturesCom
Morning Investment Comments
Wednesday March 23, 2011 

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

Tuesday March 22, 2011
1:30 PM South Florida Beach Time

                          The Sensational Stock and bond Markets
 Dow Jones Industrial Average
 Support should appear near 11920.00 and 11,815.00
Resistance should appear near 12,175.00 and 12,320.00 to 12.360
 
jUNE  e-Mini sp500
 Resistance should appear near 1304.00 to 1310.00.   
Support should appear at near 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. 
              
June EURO currency
 Support should appear near 14150 , day traders can buy against 14150, however a close under   is negative and augurs for a test of 13830 to 13770 over the next several weeks  
Resistance should appear near  14210 and  14370  
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 and 10104 to 10136.. Day Traders can sell against 10102 and risk 50 points
Support should appear near 9937 to 9921 and 9641 to 9625.                                                   

                                 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 Beyond that 43700 to 43810 should cap a rally.
Day Traders can sell against 43650 and risk 2 points
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 and 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 10580 to 10680
Support should appear near 10360 to 10320. Day Traders can buy at 10367 and risk 50 points 
Below that 10237 should hold. 

april HeaTING Oil
 Support should appear near 30450 to 30360 and 29900 to 29720
Resistance should appear near 30920 to 31020 and 31480 to 31570                    

april UNLEADED Gas
 Support should appear at 29900 to 29720 and 29370 to 29280
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 and 379.5 to 380.6       
Support should appear near 362.3 to 361.3 and 356.3 to 355.3         

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 11360 to 11300. Day Traders can buy against 11367 and risk 80 points  
Resistance should appear near 11470 and the 112640 to 11690 region . Trade Accordingly       

APRIL HOGS

Resistance should appear near 9042 to 9062 , Day Traders can sell against 9037 and risk 50 points
Beyond that sellers should appear near 9137 to 9157   
Support should appear near 8872 to 8857 and 8777 to 8762

JUNE HOGS

Support should appear near 10137 to 10107 and 10037 to 10022 
Consider buying Dips against 10042
Resistance should appear near 10317 to 10367                                                                                                    

                              The Satisfying Softs
 MAY COFFEE
Support should appear near 27240 to 27160 and 26720 to 26630
Resistance should appear near 28200 to 28290 and 28740 to 28830    

 MAY COCOA
Resistance should appear near 3261 to 3270 and 3377 to 3386     
Support should appear near 3213 to 3194 and 3102 to 3092  

 

MAY SUGAR
Resistance is at 2820 to 2829
Support should appear near 2620 to 2612  

 
MAY COTTON
Resistance should appear near 21260 to 21340    

Support should appear near  19960 to 19820

 

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

Tuesday March 22, 2011   2:35 PM South Florida Beach Time