Tuesday’s Futures Setups

Stocks rallied again today
on the continuation of upbeat economic reports from last week that are raising hopes that the U.S. economy is primed for
a recovery. The March Dow Jones Industrial
Average futures
(
DJH2 |
Quote |
Chart |
News |
PowerRating) ended up closing at 10,572 up 1.88% or
195.00 touching its highest level since late July 2001. Tuesday’s key points
will be as follows: Pivot Point 10522; R1 10659; R2 10746; S1 10435 and S2
10298. The DJH2 is on the

TradingMarkets.com Momentum 5 List.

The March Standard & Poor’s 500
(
SPH2 |
Quote |
Chart |
News |
PowerRating) continued its move higher
today. The March S&P’s closed near their high today at 1151.70 up 19.19.
Tuesday’s key
points will be as follows: Pivot Point 1146.20; R1 1160.40; R2 1169.10; S1
1137.50 and S2 1123.30.

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April crude oil
(
CLJ2 |
Quote |
Chart |
News |
PowerRating)
ticked up slightly to 0.5 cents to $22.45 a barrel.
Prices also hit a fresh four-month high.
April heating oil
(
HOJ2 |
Quote |
Chart |
News |
PowerRating) dropped lower to 58.45 down .45. CLJ2 and HOJ2 are both on the

TradingMarkets.com Momentum 5 List.

May coffee
(
KCK2 |
Quote |
Chart |
News |
PowerRating) is on a pull back from the
high. Coffee for May delivery closed lower today at 47.30 down .05. May coffee
is on the

TradingMarkets.com Pullbacks off Highs List.

May frozen orange juice
(
JOK2 |
Quote |
Chart |
News |
PowerRating)
is on the

TradingMarkets.com Momentum List. Support is at 90 and resistance is at 92.