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Premier Service
FuturesCom
Investment Publications
Morning
Comments
November 16th, 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
Thursday
November 15th, 2001
6:00 PM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near 8152 and the
8134 to 8119 region.
Resistance
should appear near 8194 to 8223
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 1.4210 to 1.4150
Resistance is at 1.4326 and 1.4386.
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 108-17 to 108-23
Support
is at 107-17 and 107-12
Dow Jones Industrial Average
Resistance should appear
near 9888 then 9921 to 9937 and 10021 to 10027 and 10,104 to 10,136.
Support is
at 9783, a slip under is negative and augurs for a test of 9737 to 9707...
below that a test of
the 9641 to 9625 is likely to occur..
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.. a close under is negative and augurs for
a trade towards 1115.5 .
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 274.1 and the 272.4 to 271.6
Resistance
is
at 277.5 and 279.4..
December
Copper
Support should appear near 6670
to 6655 and 6590 to 6575.
Resistance
should appear near 6740 to 6755
and 6805 to 6835 then 6905 to 6920
December
Silver
Recommended Position Long
2 at 434.7
Support should appear near 405
to 404
Resistance
is at 411 to 412.5
The
Exciting Energies
December
Crude Oil
Resistance
is at
1808 to 1822 and 1858 to 1868.
Support is
at 1738 to 1731 and 1655 to 1642
December
Unleaded Gas
Support
should appear near 4855 to 4845 and 4715
to 4695
Resistance
is at 5125 to 5135 and 5200 to 5210
December
Heating Oil
Resistance
is at 5345 to 5355 and 5415 to 5430.
Support
should appear
near the 565 to 5035 and 4995 to 4975 , under that a test of 4925 to 4915
is likely.
Trade Accordingly
The
Lively Livestock Markets
December
Cattle
Support should appear near 6432 to 6417
and 6352 to 6337
Resistance
is at
6482 to 6507 and 6577 to 6592
December
Hogs
Resistance
is at 4972 to
4997, beyond that a test of 5037 to 5067 and the 5127 to 5137 region is likely.
February Hogs
Support
is at 5357 to 5342 and 5282 to 5257 .
Resistance
is at 5432 and the 5492 to 5507 region
February Pork Bellies
Support should
appear near 7512 to 7487 and 7427 to 7412.. Below that 7342 to 7327 should hold.
Resistance
is
at 7587 to 7602 and 7672 to 7687.. Beyond that a test of 7762 to 7777 is
likely.. .
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 166.2 and
168.9 to 169.6
Support
is at 165.5 to 164.2 and 162.8
December
Soybean Oil
Support
is near 1576 to 1569
Resistance
should appear near 1609 to 1615
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
March Wheat
Recommended open position Long at
290
The Satisfying Softs
December
Cotton
Support is at 3390
to 3375 under that 3325 to 3315 should contain a decline.
Dec
Coffee
Resistance
should appear near the 4855 then 4915 to
4925 and 5035 to 5065.
March
Sugar
Resistance
should appear near 738 and 751 then 763 to 767
Support
should appear
near 723 and 712 to 704
December
Cocoa
Support is at 1232 then 1217 and
1203 to 1192
Resistance
should appear near 1253 and 1268 to 1274
--A
ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Thursday November
15th, 2001
7:10 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 11-15-2001
Long 15 Dec EC 8984
Short 10 Dec SP500 1137.20 avg
Long 10 Dec Gold 282
Long 10 Dec Wheat 285 3/4 avg
Long 10 March Wheat 290
Long 10 Jan Beans 438
Long 25 Dec Hogs / Short 25 Feb Hogs + 495
Long 5 Feb Pork Bellies 7390
Long 5 March Coffee 4905
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 11-15-2001
Short 4 Dec SP500 1092.80 avg
Morning Comment Day Trades (MC):
http://www.futurescom.com/mcper01.html