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 IS 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.

Monday Sept 15
6:20 PM EST

Dec-Yen
Early Resistance is near 8443 then 8478 and 8484/8499 offers good resistance. Above that 8505 then 8588,Traders should sell at 8588 , risk a close over 8620 for three days in a row. Nearby support is at 8378 and 8355 . Traders should buy at 8346 for a turn, risk a trade under 8290. A failure of 8300 basis the close augurs for a test of 8223, traders should have buy orders waiting at 8223 for a bounce , risk a trade under 8189.

Trade Accordingly..

Dec Swiss Franc Recommended Position short at 6989
Early support is 6973 below that 6947 offers good support below that 6919 then 6897 where traders can buy for a bounce at , risk 20 pts. Resistance is at 6997 to 7003 then 7047 with 7074 to 7088 and 7097 above that..

Trade Accordingly..

Dec. British:
Support is at 159.60 and the 158.40 region below. Resistance is near 160.44 then 160.90 and 161.50 offer resistance. Traders should sell at 160.44 for a turn lower, risk a close over 160.90 for two days in a row.. Above that augurs for a trade to 162.10 , where it should be sold for a turn , risk a close over 162.90 for two days

Sept. D-Mark Recommended Position Short at 5729
Support is near 5698 , buy there for a bounce , risk 35 pts.below that 5634 should offer upport.Additional buyerd should also appear near 5584 then 5517 , where traders can buy for a good bounce , risk a close under 5482.Below that 5430 should trade.
Nearby Resistance is at 5686, to 5689 Beyond that 5731 offers reistance, sell at 5729 , risk 20 pts. Beyond that 5790 to 5805 offers resistance , sell at 5792 , risk a trade over 5818.

Trade Accordingly and Stay tuned for FuturesCom Flashes ..

December Gold Recommended Position long at 328.80
Nearby support is at 325.10 and 323.3 , below that 321to 318 .Below that 308 should hold. Resitance is at 328.3 and 331.7 A close over 332 augurs for a rally to 335 where good resistance rests. Beyond that 338 offers reistance above that 341 to 343should trade . Sell at 343 risk a close over 345.

Be Long ...Conservative Traders Should Buy April and Feb Gold 370 Calls to maintain exposure on the long Side.

Dec Copper Recommended Position long at 9545
Nearby support is 9405 then 9370 with 9170 below that. Resistance is at 9570 and 9760 beyond that 9805 and 9960.Traders should sell at 101.35 for a turn lower risk a close over 102.80 for three days in a row.

A close over 9510 is friendly..

Oct. Platinum Recommended Position Long 437
Nearby support appear near 425.9 and 421.5 below that 416.5 and 407 where aggressive traders can begin to buy, More support rests near 402 where traders should buy for the 'pull' Risk a close under 399 for two days in a row. Resistance is near 431.5 A close over 430 indicates a 'touch' of 441.
Buy dips

December Silver Recommended Position Long at 472
Support is 473. then 469, below that 466 should hold.. However if it does not buy at 458.5 for a position, risk a close under 455 for three days in a row. Resistance is near 482 above that 486 offers good resistance, beyond that 492 is here good sellers should appear.

Trade Accordingly.

Oct Crude Oil
Early support is at 1922 then 1910 to 1905, traders should have buy orders waiting for a 2- Day Turn higher at 1905 risk a close under 1901 for three days in a row. More support is near 1894 and 1885. Resistance is near 1935 then 19544and 1960 sell at 1976 risk a close over 2001. Beyond that 1997 to 2001 then 2012 offers Resistance. Above that Traders should sell at 2042 risk a close over 2055 or a trade over 2067

Trade Accordingly..

Oct Unleaded
Early support is near 5860 More support is near 5760 then 5740, where traders should buy for a bounce risk a trade under 5630. Resistance is near 5905 then 5960. Beyond that 6060 and 6125 where traders should sell , risk 100 pts. More resistance is near 6175 then 6280 sell there for a quick turn, risk 70 pts. Beyond that 6470 is where traders should sell for a Position risk a close over 6510 for two days in a row.

Trade Accordingly

Dec Heating Oil. Recommended Position Long at 5565
Support should appear near 5490 and 5410. Resistance is near 5535 . Above that 5690 offers resistance, a close over 5690 augurs for a 'pop' to 5840.

November Beans Recommended Position Short at 628
Early Resistance is near 638 1/4 above that 646 1/4 and 652 1/4.
Support is at 624 1/2 then 621 where traders should have buy orders waiting , buy at 621 , risk 8 cents. and stay tuned. A close under 618 1/4 augurs for a break to 611 1/2 where support lies, traders should have buy orders at 611 3/4 for a turn higher risk, a close under 603 1/2 for three days in a row.

Dec Soybean Meal Recommended position long at 210.5

Support is near 208.8 then 208.A trade undr augurs for a slip to 204 then 202.Resistance is at 213 then 215 and 217..

Dec Soybean Oil
Support should appear at 2261 ,Buy Dec Bean Oil at 2249 for a bounce , risk a trade under 2210.
Resistance is near 2309 then 2319. Beyond that 2361 should trade. A close over 2361 augurs for a trade to 2414.
Trade Accordingly and Stay Tuned

Dec Corn
Early support is at 259 and 257, More support is near 254, buy at 256 for a bounce , risk 5 cents. Resistance is near 264 3/4 then 267 with 269 above that.

Many traders asked me on Friday , why was Corn down over 8 cents on Friday whena friendly Crop report was issued by the USDA. Think about .. corn was up the previous three days, and was sitting 45 cents higher than the lows set in Early July...It had to be Bullish not just Friendly just to maintain it's posture ..It apparently was not. When ever a report like tha comes out and the market is called higher prior to the open , then actually opens lower. ...If long..there is only one safe thing to do SELL.

This Service came into the Report with a recommended Short and covered at early support because it was the safest thing to do when the mkts was in Turmoil... One thing is for sure .. you will never go broke taking a profit...

December Wheat
Early Resistance is near 375 3/4 then 376 1/2 .Above that 381. Support is near 369 3/4 , below that support is 364 1/2 and 363 3/4. if a real failure occurs this week .Buy Dec Wheat at 357 , risk a close nder 349 for three days in a row.

Trade Accordingly

October Cotton
Support is near 7300 then 7270 below that 7195 Buy there for a boune risk a trade under 7135. Resistance should appear near 7440 then 7475 ,sell at 7480 for a turn lower risk a close over 7570 for two days in a row.

October Sugar
Early Support is at 1141 then 1136 with more resting near 1128. Traders can buy at 1128 for a turn higher, risk a close under 1101 for three days in a row.More Support is at 1094, buy at 1094 for a bounce , risk 15 pts. Resistance is near 1159 and 1181, sell at 1164 , Risk a close over 1171 for two days in a row. Above that sell at 1192 risk a close over 1207 for three days in a row.

Stay Tuned

December Coffee
Sine The Coffee is now Cooling off , support should appear at 170.65 then 16960 to 168.90, below that 167.40 and 16610 offer support Buy at 166.10 for a turn higher , risk a close under 164.20 where suuport should appear, If that fails a slip to 161.90 then 158.90 and 157 is likely. Resistance is near 175.65 then 178.10 and 180.80

Coffee Trading is Not for widows and orphans ....Have your' Steel Cup' Ready.

November Orange Juice Recommended Position Long at 6810
Early Resistance is near 7040. Beyond that 7135 and 7225. A close over 7140 is friendly. Support should appear near 6910 , below that 6855 and 6770 where traders can buy for a turn higher , risk a close under 6740 for two days in a row.

December Cocoa Recommended Position Long at 1626
Support is near 1609/1615 More support is at 1604 and 1593, then 1565 buy at 1565 , risk 30 pts.More support hould appear near 1540. Resistance is near 1643 , above that 1677 and 1689 to 1693 then 1711, sell at 1706 risk a close over 1740 for three days in a row.

November Lumber Recommended Position long at 332.80

With an RSI of only 19 and 1 day up of the last 8 trading days , lumber is ready for a 'pop' , however it did give a weekend Sell rule..A lower open is likely after that look for firming action ..Support is near 310 to 309 with 305 as a buying region .. A close over 318 is friendly Resistance is near 314 and 321.

Oct Cattle: Recommended Position Long at 6972
Support is at 6917 to 6900. Below that 6867 then 6832. Resisitance is near 6967 to 6977, beyond that 7017, a close over 6982 augurs for a trade to 7057 then 7067. Then perhaps an assault on Contract highs if it holds...

Trade Accordingly.

December Live Cattle Recommended Position long at 6865
and Long Dec Short June at -165.
Nearby Support should appear at 6987 and the 6917 to 6907 region. Traders should Buy with Both hands at 6917 , risk 80 pts. Below that, 6857 should considered a buying region. Reisistance is near 7062. Beyond that 7137 offers resistance ....

Bullish ...Buy Dips

Spreaders should maintain Positions in long Dec Short June Cattle

October Feeder Cattle Recommended Position Short at 8117.
Early Support is at 8112 then 8080 to 8042, with 7997 below that. Resistance is near 8180 then 8197, above that 8230 offers resistance..

A close under 8112 is a bit negative.

Trade accordingly.

October Hogs Recommended position long at 7052
Nearby Resistance is at 7080, a trade over or close over augurs for a test of 7152, sell there for a turn, risk only 40 pts.More Resistance is near 7177. A close over 7182 augurs for a a rally to 7280.... sell at 7280 for a turn risk a close over 7342 for two day is a row.
Support is at 7032 then 6980, below that 6962 and 6895.

Trade Accordingly.

Feb Bellies Recommended Position Long at 7237 & 6592
Support is at 6740 then 6697 and 6615. Below that 6590. Resistance is near 6792 then 6870 to 6890. Beyond that 6970 should trade.

Trade Accordingly...

Dec Bonds Recommended Position Short at 112-26 Long 2 Oct Bond 111 Puts at 17 Early support is at 112-22 then 112-18 to 112-14.Resistance is at 113-09 and 113-14 beyond that 113-28 then 114-14. Sell at 113-14 for a quick turn , risk 5 pts.

Dec SP500
On the Downside, Early and critical support is 933.15, buy at 933.15, for a bounce only, 100 pts. Below that 931.60 offers support, with 927.50 below that. Buy at 927.50 , risk 200 pts. more support should appear near 923.65 and 922.10. Below that 915.60 and 914 should hold , if not a trade to the 910 region should occur...Stay Tuned
On the Upside, Resistance is at 934.70.region Beyond that 938.80 and 940.15 offers firm resistance.Sell at 940.10, risk 200 pts. Good sellers should raise their heads at 942.90 to 944.50. Sell at 943.40 for a quick turn, risk 200 pts. Beyond that 945.60 is likely to trade. A close over 945.60 augurs for a trade to 954.20.

Trade Accordingly

Happy Trading

Bill

9-14-1997 11:17 AM EST

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