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March 19th 04, 05:10 AM
Economic and Investment Trend Analysis - Socio Economics - Forex - Bonds
Dow Jones - Nasdaq - SP500 Precious Metals - Energy - Livestock - Grains -
Softs

FuturesCom Investment Publications
Morning Comments, Friday March 19th, 2004
Experienced Since 1979 - Serving Professional and Individual Traders World
Wide since 1988
http://www.futurescom.com

Thursday March 18th 2004
6:15 PM .. West Palm Beach Time
Open Positions

The Frenzied Forex Front

June Yen
Resistance should appear near 9429 to 9445
Support should appear near 9347 to 9316

June Euro Currency (EC)
Support should appear at 12320 and 12030 to 11960
Resistance is at 12360 to 12380 and 125

June Swiss Franc
Resistance should appear near 8029 to 8044
Support should appear near 7954 to 7939.

June British Pound
Support should appear near 18150 to 18080 and 17800 to 17740
Resistance should appear near 18220 and 18580 to 18650
Stay tuned for Updates and Flashes

June Canadian Dollar
Support should appear near 7513 to 7486 and 7428 to 7414
Resistance is at 7587 to 7601 and 7575 to 7689. BW Traders can sell at 7586
and risk a close over 7643 for three days in a row.

June Aussie Dollar
Support should appear near 7428 to 7414 and 7342 to 7328
Resistance should appear 7486 to 7513

Trade Accordingly and stay tuned for Updates..

The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 10320 to 10360 and 10470
Support should appear near 10257 and 10180

June SP500
Resistance should appear near 1130 to 1136.
Support should appear near 1115.50 and 1101 to 1096

Nasdaq Composite
Resistance should appear near 1982 to 1996
Support should appear near 1959 to 1946 and 1909 to 1902

June Mini Nasdaq 100
Resistance is at 1453 to 1459
Support is at 1421 to 1415

June 10 Year T-Note
Resistance should appear near 116-07 then 116-22 and 117-07
Support is at 115-22 and 115-07

Precious Metals

April Gold
Support should appear at 411 and 405.6 to 404.6
Resistance is at 416.3 to 418.3


May Copper
Support should appear near 134.60 to 133.40 and 13100 to 13030
Resistance should appear near 137.70 to 138.30 and 141.5 to 142.10

May Silver
Support should appear 742.5 to 741.5 and 734.5 to 732.5
Resistance is at 748.5 to 751.5 and 776.5 to 778.0
--Stay tuned for updates—

The Exciting Energies

May Crude Oil
Resistance should appear near 3734 to 3743 and 3795 to 3806
Support is at 3682 to 3663 and 3623 to 3613

April Unleaded Gas
Resistance should appear near 11640 to 11690 and 11920 to 12030
Support should appear near 11360 to 11300 and 11010 to 10960

April Heating Oil
Resistance should appear near 9705 to 9735 and 9920 to 9935
Support should appear near 9345 to 9315 and 9060 to 9045


The Lively Livestock
April Cattle
Support should appear near 8045 to 8027 and 7867 to 7832
Resistance is at 8122 to 8137 and 8302 to 8312

April Hogs
Support is at 6512 to 6487 and 6432 to 6417
Resistance is at 6657 to 6672 and 6742 to 6757

May Pork Bellies
Support should appear near 9937 to 9922 and 9837 to 9822
Resistance is at 10320 to 10360


The Grande’ Grains May Soybeans

Resistance is at 1032 to 1036 and 1047
Support should appear at 1005 to 1000 and 973 3/4 to 970 3/4
Trade According and Stay tuned for Updates

May Soymeal
Support should appear near 310.2 to 309.2 and 299 to 297.2
Resistance should appear near 319.4 to 321.3 and 326.1 to 327

May Soybean Oil
Resistance should appear near 3425 to 3443 and 3493 to 3503
Support should appear near 3386 to 3377 and 3270 to 3261

May Corn
Resistance should appear near 314 3/4 to 315 3/4 and 319 1/2 to 321 1/4
Support is at 310 1/4 to 309 1/4 and 304 1/2 to 303 3/4

May CBOT Wheat
Support should appear near 392 3/4 to 390 3/4 and 386 3/4 to 385 3/4
Resistance should appear near 411 to 412 and 430 1/4 to 431 1/2

Trade Accordingly and Stay tuned for updates

The Satisfying Softs

May the ‘Monster’ Coffee
Support is near 7605 to 7585 and 7345 to 7325
Resistance should appear near 7765 to 7775 and 8025 to 8045

May Cocoa
Support is at 1421 to 1415 and 1383 to 1377
Resistance should appear near 1484 to 1496 and 1529 to 1535

May Sugar
Support should appear near 661 to 656 and 634 to 630
Resistance should appear near 682 to 686 and 704 to 712
May Cotton
Support should appear near 6670 to 6655 and 6510 to 6485
Resistance should appear near 6905 to 6920 and 7075 to 7090

Ship in Harbor is Safe...But that is not what ships are built for – Stay
tuned for flashes and updates in all markets..
Happy Trading!
Thursday March 18th 2004
7:45 PM South Florida Beach Time

THIS PUBLICATION 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 TRADING ARE 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. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE
RESULTS. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR
ACCURACY. ADDITIONAL RISK DISCLOSURE IS AVAILABLE.
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