FuturesCom Investment Publications
Morning Comments Nov 10 1998
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Support is 8181 and 8154 Resistance is at 8217 and 8234 then 8317.

Resistance is at 5955 and 6005. A close over 5955 augurs for a test of 6023.

Support is at 5905 and 5880 then 5855... Hearty traders can buy at 5880 and hold for higher prices.

Resistance is at 7214 to 7220 then 7264. Support is at 7164 to 7155 and 7114.

Support is at 1.6550 then 1.6420 and 1.6260

Resistance is at 1.6646. A close over 1.6646 augurs for an eventual test of 1.6720 and 1.6890.

Support is at 6509 and 6465 Resistance is at 6569 and 6591

Support is at 290.5 to 289 and 288.30.
Traders can Buy at 288.30 and risk a close under 282.10 for three days in a row.

Resistance is at 294.10 and 295.70 then 297.10

Nearby Support is at 7215 to 7205. Below that Traders can buy at 7115 for a turn higher. Risk a close under 6970 for two days in a row.

Resistance is at 7275 and 7335 then 7365 and 7485.

* Traders should go long if a close over 7415 occurs.

Support is at 335.5 then 328.

Resistance is at 345 and 348

On the DownSide: Support is at 496.5 then 489.5 under that 483 should hold..

On the Upside. Nearby Resistance is at 507.5 and 512, beyond that a test of 519 to 524 is likely. *Traders should go long if a close over 508 occurs.

Trade Accordingly.

Nearby Support is 1329 to 1323 Under that 1299 should hold.

Resistance is at 1345 to 1348 and 1377

Support is at 4040 then 3945,

Resistance is at 4125 then 4145.

Resistance is at 3780 and 3825

Support is at 3695 to 3655.

Support is at 5701/2 and 565 then 561. Day traders can buy at 565 1/2, risk 10 cents.

Below that 551 to 548 1/2 should hold.

Resistance is at 579 1/2, A close over 576 augurs for a test of 589 and 597. Buy Dips

Support is at 143. and 141. Resistance is at 148.8 beyond that good sellers should appear at 150.5. A close over 150.5 augurs for an eventual test of 167...

Support should appear the 2492 then 2469 to 2461 region.

Resistance is at 2511 to 2519 and 2552.

Support is at 216 1/2 under that Traders can go long at 212, risk a close under 208 for three days in row.

Resistance is at 219 1/4 beyond that 223 3/4 should cap a rally today..

Resistance is at 297 3/4 and 303

Support is at 292 and 285 1/2 where a break should contain it self..

Support is at 6920 and 6890 then 6815

Resistance is 6975 then 7025.

Support is at 782 and 767

Resistance is at 799 then 805.

Trade accordingly

On the downside, Early support is at 119.20. Under that good support should appear at 118.55 to 118.10 and 116.90 to 116.40. Below that 113.60 to 113.00 should hold. Stay tuned for flashes....

On the Upside, Early Resistance is at 121.10 and 123.10 to 123.55 then 125.85 and 128.25, beyond that resistance is at 129.25 to 130.45 Above that resistance should be firm at 133.80 to 134.45.

Resistance is at 1465 then 1484 to 1496 and 1509.

Support is at 6397 then 6362 and 6332.

Resistance is at 6437 then 6487 to 6512 and 6582.

Support is at 3562 and 3542 then 3477 .

Resistance is at 3597 and 3677.

Support is at 4237 and 4192 where it should hold. Under that 4157 offers support.

Resistance is at 4292 and 4355 then 4397. A close over 4397 is friendly and augurs for a test of for a test of 4482..

Support is at 4712 to 4697 and 4637 Below that buyers should appear near 4567 to 4547 where hearty day traders should buy for a good bounce at 4567 risk 150 pts.

Resistance is at 4847 to 4867.. a close over 4867 augurs for a another test of 5012.

-Stay tuned for Updates in the Meat Complex.- --From the Frying Pan into the Fire--

On The DownSide, support is at 126-12 and 126-07 to 126-03

On the Upside: Resistance is at 127-07 then 127-27 and 128-03

On the DownSide, Support is at 1131.40 and 1130. Under that support is at 1125.50 and 1115.50 then 1110.00. Below that support is at 1104.70 then 1101 to 1096 where it should hold...

On the Upside, Resistance is at 1133.50 and 1136 to 1136.90 , beyond that resistance is at 1150 and 1154.70 Above that good resistance is at 1164 to 1168.80 Day traders can sell at 1168.80 and hold for lower prices...

A close under 1130.00 is negative Stay Tuned for SP500 Updates and Flashes .

Support is 8871 to 8856 and 8844, which is critical and must hold basis the close. Below that 8708 and 8683 to 8668 offer support.

Resistance should first appear near 8974 then 9015, above that resistance is at 9044 to 9060 beyond that 9174 should cap a rally today.