Socio
Economics - Forex - Bonds - Dow Jones - Nasdaq - SP500 - Precious Metals - Energy - Livestock - Grains
- Softs
Sign
up for Instant Flashes Description
of Services
Premier Service
FuturesCom
Investment Publications
Morning Comments
November 1st 2001
Experienced
Since 1979 - Serving Professional and Individual Traders World Wide since 1988
7690
Rockport Circle, Lake Worth, Florida 33467 Tel: 1-561-433-2995
http://www.futurescom.com
Morning
Comments
Wed Oct 31st, 2001
5:30 PM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near 8168 and
the 8134 to 8119 region
Resistance
should appear near 8195.to 8225
December
Euro FX
Support
is
near the 8964 to 8934 region...
Resistance
is
at 9001 and 9044 to 9060.
Support should appear near the 6113
to 6101 and 6068
December
British Pound
Recommended Position Long 1.4716
Support
should appear near 1.4436
then 1.4362 and the 1.4210
to 1.4150 region, which should contain a decline..
Resistance is at 1.4530 to
1.4590.
December
Canadian Dollar
Recommended open position: Long 6360
Support
should appear near the 6270 to 6256 region.
Resistance
is at 6337 to 6350.
December Australian Dollar
Support is
at 4995 to 4973
Resistance should appear near 5052 to 5067 .
The Sensational Bond and
Stock Markets
*We will begin trading coverage of the
Ten Year T- Note this weekend in our next Bi-Weekly.
Dow Jones Industrial Average
Resistance should appear
near 9140 to 9156 and 9236.
Support is at 9060 to 9044 and the 8964 to 8934 region.
December
SP500
Recommended Position
Short 2 1075.8 avg
Resistance is at 1058 to 1063 and 1068
then 1075.5.
Support should appear near 1047 and the 1036 to
1032 region
Nasdaq Composite
Resistance is
at 1696 and 1713 and the 1731 to 1738 region
Nearby Support is at 1689 under that support should appear near the 1655 to 1642
region
December Mini- Nasdaq 100
Support is at 1346
to 1334 and
the 1310 to 1304 region.
Resistance is at the 1377 to 1383 region. Beyond that
sellers should appear near 1415 to 1421
Precious
Metals
December
Gold
Recommended Open Position : Long 2
288.9 avg
Support should
appear near 279.1 and 277.5 to 275.8..Under that buyers should appear near
272.5 to 271.6.
Resistance
is
at 282 to 282.8
Trade
Accordingly and tuned for updates..
December
Copper
Support should appear near 6190
to 6165 and 6115
to 6105
Resistance
should appear near 6255 to 6270 and the
6335 to 6355 region.
December
Silver
Recommended Position Long
458.5
Support should appear near
418.5 to 416.5.
Resistance
is at 430 to 431.5..
The
Exciting Energies
December
Crude Oil
recommended
position long 2185
Resistance
is at
2126 to 2134 .
Support
is at 2088 to 2080 and 1996 to 1982..
December Unleaded Gas
Support should appear near 5575 to 5550
then 5505 to 5490 and 5430 to 5415.
Resistance
is at the 5640 to 5655 then 5715 to
5730 and the 5790
to 5805 region.
Stay tuned for Updates..
December
Heating Oil
Resistance
is at 6195 to 6225 and 6335 to 6350.
Support
should appear
near 6035 to 6020 and the 5955 to 5945 region
Trade Accordingly
The
Lively Livestock Markets
December
Cattle
Support should appear near 6757 to 6742.
Resistance
is at 6807
to 6837 and the 6907 to 6922 region
December
Hogs
Support
is at 5142 to 5127 then 5067 to
5037 and 4992 to 4972
Resistance
is at 5197 to 5202 and 5257 to 5277
February Pork Bellies
Recommended Position:
Long 2 6760
Support
should
appear near the 6922 to 6907 region. Under that 6837 to 6807 should hold.
Resistance
is
at 7077 to 7087, beyond that resistance should appear near 7142 to 7167
Stay tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
January
Soybeans
Recommended Position Long
440 1/2
Resistance
is at 437 1/2 to 438 1/2
Support
should appear near 4311/2 to 430 1/2
December
Soybean Meal
Recommended Position Long
2 164 avg
Resistance
should appear near 160.9 to 161.5
Support
is at 159.1 and 157.6 to 156.9
December
Soybean Oil
Support
is near 1535 to 1529
Resistance
should appear near the 1569 to 1576 and
1609 to 1615.
December
Corn
Resistance should appear near 206 1/2
and 208 to 208 1/2
Support should appear near 204
1/4 to 203 1/2
December
Wheat
Resistance
should appear near the 297 1/2 to 299
region.. Beyond that a test of 303 1/2 to 304 3/4 is likely.
Stay
Tune for Updates and Flashes..
The Satisfying Softs
December
Cotton
Resistance is at 3035 to 3045 and the 3090 to 3105 region.
December
Coffee
Resistance
should appear near 4425 to 4445 then 4505
to 4515 and the 4570 to 4580 region.
Stay tuned for updates
March
Sugar
Resistance
should appear near 686 and 704 to 712..
Support
should appear
near 674 and 661 to 656 region.
December
Cocoa
Support is at 1005 to 1000 and 986 .. Under that
buyers should appear near 972 to 968.
Resistance
should appear near 1032 to 1036
-A
ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Wed
October 31st 2001
7:35 PM
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.
-----------------------------------------------------------------------------------------
Premier
Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 10-31-2001
Long 10 Dec Yen 8325 avg
Long 5 Dec EC 9036
Short 5 Dec SP500 1085.5
Long 15 Dec Gold 286.1 avg
Long 10 Dec Hogs 5392
Long 4 Feb Hogs 5550
Long 16 Feb Bellies 6967
Long 5 Dec Wheat 282 3/4
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 10-31-2001
Short 2 Dec SP500 1063.30
Morning Comments ( Day Trades )(MC)
http://www.futurescom.com/mcper01.html