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
Wed
November 14th, 2001
3:25 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 2 at 8910 avg
Support
should appear near the
8777 to 8762 .
Resistance
is
at 8856 to 8871 and extended trade over is friendly and augurs for a test
of 8904
December
Swiss Franc
Support should appear near the 5990 and
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 6270 to 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 109-23 then 110-07
and 110-12
Support
is at 109-17 and 109-12 BW.Traders can
buy at 109-12 and risk a close under
108-17 for three days in a row..
Dow Jones Industrial Average
Resistance should appear
near 9822 to 9837 then 9921 to 9937 and 10021 to 10027.
Support is
at 9783 then 9737 to 9707.
December
SP500
Recommended
open position
Short 4 at 1094.70 avg
Resistance should
appear near 1150 and 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 and 1130
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 and 1642 to 1655
Support is at 1576 to 1569 and 1535 to 1529
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 6570
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
2034 to 2042, a close over is friendly and augurs for a test of
2126 to 2134 and more likely the 2219 to 2226 region.. Beyond that a test
of 2315 to 2322 is likely to occur..
Support is
at 1953 to 1946, traders can buy at 1946 and hold for higher prices, risk a
Close under 1858
for three days in a row.. Below that buyers should appear near the 1780 to
1774 region.
December
Unleaded Gas
Support
should appear near 5340.. Below that
buyers should appear near 5210 to 5200 and the 5140 to 5125 region
Resistance is at the 5490 to 5505 and the 5550 to 5575 region,
December
Heating Oil
Resistance
is at 5715 to 5730 and 5855 to 5880..
Support
should appear
near the 5580 to 5550 region. Under that a test of 5430 to
5415.
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 4915 to 4925 and 4972 to
4997
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 7242 then 7172 to 7142 and 7087 to 7072.
Resistance
is
at 7327 to 7342 and 7412 to 7427.
Stay
tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
January
Soybeans
Recommended
open position Long at 444 3/4
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 at 161.5
Resistance
should appear near 164.2
to 165.8 and 166.2
Support
is at 162.8 then 161.5 to 160.9
December
Soybean Oil
Support
is near 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 5035 to 5065 and
5125 to 5140.. Beyond that a test of 5200 to 5215 is likely.
March
Sugar
Resistance
should appear near 751 and 763 to 767
Support
should appear
near 735 then 723 and 712 to 704
December
Cocoa
Support is at 1192 and 1180 then
1169 to 1164
Resistance
should appear near 1217 and 1232 to 1238
--A
ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Wed November
14th, 2001
3:45 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 11-14-2001
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 March Coffee 4905
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 11-14-2001
Short 4 Dec SP500 1092.80 avg
Morning Comment Day Trades (MC):
http://www.futurescom.com/mcper01.html