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 14th, 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
Tuesday
November 13th, 2001
4:00 PM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near 8223 to 8194
and 8152.
Resistance
should appear near 8263 and extended trade over augurs for a test of 8300 to
8314
December
Euro FX
Recommended open position long at 9000
Support
should appear near the
8777 to 8762 .
Resistance
is
at 8818 and 8856
BW traders should go long if a
close over 8818 occurs
December
Swiss Franc
Support should appear near the 5957 to
5945 region.
BW Traders can buy at 5957 and risk a close under 5945 for three days in row
BW traders should go long if a close over 6035 occurs.
December
British Pound
Recommended
open position Long at 1.4716
Support
should appear near 1.4336
and 1.4210 to 1.4150
Resistance is at 1.4462 and 1.4530.
December
Canadian Dollar
Recommended open position long at 6360
Support
should appear near 6256 and the
6225 to 6190 region.
Resistance
is at 6305 and 6337 to 6350.
December Australian Dollar
Support is
at 5168 and 5139 to 5127
Resistance should appear near 5200 to 5211
The Sensational Bond and
Stock Markets
10 Year
December
T-Note
Resistance
should appear near 110-27 then 111-07 and 111-12
Support
is at 110-12 to 110-07.
Dow Jones Industrial Average
Resistance should appear
near 9822 to 9837 and 9921 to 9937....
Support is
at 9737 to 9707.. any close under 9707 should be considered a failure and
indicates a
downside test of 9350ish ....
December
SP500
Recommended
open position
Short 4 at 1094.70 avg
Resistance should
appear near the 1164 to 1169
region ..BW Traders can sell at 1163.90 for a turn lower, risk a close over 1169
for three days in a row..
Support should appear near
1136 to 1133.
Nasdaq Composite
Resistance is
at 1902 to 1909 and 1946
Support is at 1882 and 1865 to 1858.
December Mini- Nasdaq 100
Resistance is
at 1609 to 1615.
Support is at 1576 to 1569
Precious
Metals
December
Gold
Recommended Open Position : Long 2 at
288.9 avg
Support should
appear near 277.5 to 275.8 and 274.1
Resistance
is
at 279.4 then 282 to 282.8...
December
Copper
Recommended open position: short 6585
Support should appear near 6670
to 6655 .
Resistance
should appear near 6805 to 6835 and
6905 to 6920
December
Silver
Recommended Position Long
2 at 434.7
Support should appear near 412.5
to 411 and 405
Resistance
is at 416.5 to 418
The
Exciting Energies
December
Crude Oil
Resistance
is at
2170 to 2185.
Support
is at 2134 to 2126 and 2088 to 2080 and the 2042 to 2034 region
December Unleaded Gas
Support should appear near 5730 to 5720
and 5580 to 5555 .
Resistance
is at the 5790 to 5805 and the 5855 to
5880 region.. .
Stay tuned for Updates..
December
Heating Oil
Recommended
open position long at 6190
Resistance
is at 6100 to 6110 and 6165 to 6190
Support
should appear
near 6035 to 6025 and 5955 to 5945 then 5730 to 5715..
Trade Accordingly
The
Lively Livestock Markets
December
Cattle
Support should appear near 6255 and 6190
to 6165.
Resistance
is at
6335 to 6355
December
Hogs
Resistance
is at 4845 to 4855 and the
4915 to 4925 region
February Hogs
Support
is at 5282 to 5257 and 5212 to 5202 .
Resistance
is at 5342 to
5357 and 5417 to 5432
February Pork Bellies
Support should
appear near 6922 to 6907 and the 6837 to 6807 region.. Below that buyers should
appear near 6757 to 6742..
Resistance
is
at 7072 to 7087, an extended trade over augurs for a test of 7142 to 7172
Stay
tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
January
Soybeans
Recommended
open position Long 2 at 442 1/4 avg
Resistance
is at 450 1/2 to
451 1/2
Support
should appear near 444 3/4 to 442 1/2 and the 438 1/4
to 437
region
December
Soybean Meal
Recommended
open position Long 2 at,164.0
Resistance
should appear near 162.8 and 164.2
to 165.8
Support
is at 161.5 to 160.9
December
Soybean Oil
Support
is near 1615 to 1609 and 1576 to 1569
Resistance
should appear near 1642 to 1655
December
Corn
Resistance should appear near 208 to 208 1/2
Support should appear near
the 204 1/4 to 203 1/2
December
Wheat
Recommended open position Long at 282 3/4
Support
should appear near 277 3/4 to 275 1/.2.
Resistance
is at 282 to 282 3/4
Stay
Tune for Updates and Flashes..
The Satisfying Softs
December
Cotton
Support is at 3445 and 3425 and 3390
to 3375.
Dec
Coffee
Resistance
should appear near the 4505 to 4515 and
4570 to 4580
March
Sugar
Resistance
should appear near 735 to 738
Support
should appear
near 712 to 704
December
Cocoa
Support is at 1203 to 1192
Resistance
should appear near 1232 to 1238
--A
ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Tuesday November
13th, 2001
5:25 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 11-13-2001
Long 10 Dec EC 8958
Short 10 Dec SP500 1137.20 avg
Long 10 Dec Gold 282
Long 10 Dec Wheat 285 3/4 avg
Long 10 Jan Beans 438
Long 25 Dec Hogs / Short 25 Feb Hogs + 495
Long 5 Feb Bellies 7175
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 11-13-2001
Short 4 Dec SP500 1092.80 avg
Morning Comment Day Trades (MC):
http://www.futurescom.com/mcper01.html