FuturesCom
Morning Investment Comments
Tuesday March 29, 2011
Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains •
Livestock • Softs
Monday March 28, 2011
4:00 PM South Florida Beach Time
The Sensational Stock and bond Markets
Dow Jones Industrial Average
Support
should appear near 12030.00 to 11920.00
Resistance
should appear near 12,320.00 to 12.360
jUNE e-Mini sp500
Resistance
should appear near 1304.00 to 1310.00 and 1322.00
Day Traders can sell at 1309 and risk 7 points
Support should appear at near
1289.0 and 1274.00 to 1268.00
region.
Day Traders can buy at 1290.50 and risk 5 points
NAsdaq Composite
Resistance
should appear near 2758.00 to 2775.00
Support should appear near 2724.00 to 2716.00
jUNE E-Mini NasdaQ 100
Resistance
should appear near 2315.00 to 2322.00
Support
should appear near 2275.00 to 2267.00
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 121-07 and 121-21
Support should appear near
119-21 and 119-07
June 10 yr Note
Support
should appear near 118-21 and 118-07
Resistance is at 119-21 and 120-07
The Frenzied Forex Front
June dOLLAR iNDEX
Resistance
should appear near 7675 to 7689
Support should appear near 7587 and 7513 to 7486
June JAPANESE Yen
Resistance
should appear near 12320 to 12380 and 12500
Support should appear near 12237
and 12175
June EURO currency
Support
should appear near 13990 and 13830 to 13770
Resistance should appear near
14150 to 14210.
June SWISS FRANC
Resistance
should appear near 10960 to 11010
BW Traders can sell at 10957 and risk a close over 11017 for three days in a
row
Support should appear near 10815
and 10757
JUNE BRITISH POUND
Support should appear near
15917 and 15760 to 15690
BW Traders can buy at 15770 and risk a close under 15670 for three days in a
row,
Resistance should appear near
16090 to 16150 .
JUNE CanadIAN Dollar
Resistance
should appear near 10320 to 10360
Support should appear near 10136
to 10104 BW Traders can buy at 10037
JUNE AUSSIE DOLLAR
Resistance should
appear near 10237 and 10317
Support should appear near 10136
to 10104 and 10037 to 10021.
The Precious Metals
June gold
Resistance
should appear near 1438 and 1453 to 1459
Support is near 1421 to 1415. Below that buyers should appear near
1399 and 1383 to 1377
BW Traders can buy at 1399, risk a close under 1371 for three days in a row.
MAY COPPER
Resistance should
appear near 43700 to 43810 and 44250 to 44460.
Day Traders can sell at 44170 and hold for lower prices, risk 4.00 points
Support should appear near 43810
to 43700, a close under augurs for a test of the
42490 to 42380 region
MAY Silver
Support
should appear near 3682 to 3663 and 3623 to 3613
Day Traders can buy at 3624 for a bounce and risk a trade under 3550
Resistance is at 3734 to 3743 and 3795 to 3803
May Crude Oil
Resistance should
appear near 10470 and 10580 to 10680
Support should
appear near 10360 to 10320 and 10237
May HeaTING Oil
Support
should appear near 30360 and 29900 to 29720
Resistance should appear near
30920 to 31020 and 31480 to 31570
May UNLEADED Gas
Support
should appear at 29900 to 29720 Day Traders can buy at 29910 and hold for
higher prices
Resistance should appear near
30360 to 30450 and 30920 to 31020
May NATURAL Gas
Support
should appear at 4249 to 4238
Resistance should appear near
4571 to 4582
THE GRANDE’ GRAINS
MAY SOYBEANS
Resistance
should appear 1377 to 1383
Support should appear near 1346
to 1334 and 1322 Day Traders can buy at 1323 and risk 8 cents
MAY SOYMEAL
Resistance should appear near 361.3 to 362.3 and 366.3 to 368.2
Support should appear near 350.3
to 349.3 and 344.3 to 342.5
MAY BEAN OIL
Resistance should appear near 5716 to 5729 and 5792 to 5805
Support should appear near 5577
to 5553 and 5504 to 5492
MAY CORN
Support should appear near 659 ¾ to 657 ¾ and 643 to 641
Resistance should appear 680 ¾
to 683 ¾ and 690 ¾ to 691 ¾
MAY WHEAT
Resistance
should appear near 748 ¾ to 751 ¾
and 776 ¾ to 777 ¾
Support should appear near 717
to 714 ¼ and 708 ¾ to 707 ½
THE
LIVELY LIVESTOCK
JUNE CATTLE
Support
should appear near 11690 to 11640 and 11472.
Resistance
should appear near 11757 and 11817
JUNE HOGS
Resistance should appear near 10360 and 10467
Support should appear near 10237
and 10137 to 10102. BW Traders can buy at 10142
The Satisfying Softs
MAY COFFEE
Support should appear near 26200
to 26120 and the 25680 to 25520 region
Resistance should appear near
26630 to 26720 and 27160 to 27240
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 2673
to 2663
MAY COTTON
Resistance should appear near 20340 to 20420
Support
should appear near 19090 to 19020
--A
Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!
Bill
wil@futurescom.com
Monday March 28, 2011 5:00 PM
South Florida Beach Time