Socio
Economics - Forex - Bonds - Dow Jones - Nasdaq - SP500 - Precious Metals - Energy - Livestock - Grains
- Softs
Description
of Services Premier Service
FuturesCom
Investment Publications
Morning
Comments, December 7th, 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
Thursday December 7th, 2001
4:30 PM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near the 7954 to
7934 region..
Resistance
should appear near 8034 to 8045 and 8081
December
Euro FX
Recommended open position long 8902
Support
is at 8934 and 8902 .
Resistance
is
at 8964..A close over is friendly and augurs for a an eventual test
of 9044 to 9060
Aggressive BW traders should go long if a close over 8964 occurs..stay tuned for Updates…
December
Swiss Franc
Recommended open position long 6068
Resistance
should appear near 6101 to 6113
Support should appear near
6068 and 6034 to 6023
December
British Pound
Support
should appear near 1.4210
ti 1.4150
Resistance is at 1.4286 and 1.4336.
December
Canadian Dollar
Support
should appear at 6350 to 6337
Resistance
is at 6383 and 6417 to 6430.
December Australian Dollar
Recommended open position long at 5176
Support is
at 5176 then 5139 to 5127.
Resistance should appear near 5200 to 5211
Stay tuned for Forex Updates
The Sensational Bond and
Stock Markets
March
10 Year
T-Note
Support
is at 104-22 to 104-17 and 103-23
Dow Jones Industrial Average
Resistance should appear
near 10,104 to 10136 and 10,185 .
Support is
at 10,037 to 10,021
December
SP500
Recommended Position
Short 6 at 1112.50 avg
Resistance should appear near
1174.70 and 1180.50 then 1192 to 1203.
Support should appear near 1166.5 and 1164
and 1150
Nasdaq Composite
Resistance is
at 2061 then 2080 to 2088 and 2126 to 2134
Support is at 2042 to 2034 and 1996 to 1989
December Mini- Nasdaq 100
Resistance is
at 1731 to 1738 and 1774 to 1780
Support is at 1696 to 1689
Precious
Metals
February
Gold
Recommended Open Position : Long 2
at 275.7 avg
Support should
appear near 272.5 to 271.6
Resistance
is
at 275.5
to 277.5
Recommended
position long at 7005
Support should appear near
6925 to 6910 and 6835 to 6810
Resistance
should appear near 6990 to 7005 and
7065 to 7080 then 7140 to 7170...
March Silver
Recommended open position long 2 at
418.0 avg
Support should appear near
the 418.5 t 417 and the 412.5
to 411 region. Under that support
should appear near 405.5 to 404.5, which should contain a decline for a
bit..
Resistance is at 425 and the 430.5 to
431.5 region
The
Exciting Energies
January
Crude Oil
Support should appear near 1858 and
the 1822 to 1808 region , below that a test of 1780 to 1774 is likely
Resistance
is at 1902 to 1909
January Unleaded Gas
Support should appear near 4995 to 4975
and 4935 to 4915 .
Resistance
should appear near 5200 to 5210 and 5255 to 5290
Stay tuned for Updates..
January
Heating Oil
Resistance
is at the 5125 to 5140 and 5200 to 5210..
Support
should appear
near 4935 to 4915 and 4855 to 4845
Trade Accordingly
The
Lively Livestock Markets
Feb
Cattle
Support
should appear near 6922 to 6907
and the 6835 to 6812 region.
Resistance
is at 6992
to 7007 and 7072 . BW Traders can
sell at 7072 for a turn lower and risk a close over 7172 for three days in a
row.
February Lean Hogs
Recommended position long at 5297
Support should appear
near 5282 to 5257 and the 5212 to 5197 region. .
Resistance
is at 5342 to 5357 and 5417 to 5432
.
February Pork Bellies
Recommended Open position long 2 at 7520 avg
Support should
appear near 7487 then 7427 to 7412 and 7342 to 7327.
Resistance is
at 7587 to 7602 and 7672 to 7692
Stay
tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
January
Soybeans
Recommended
Position Long 444 3/4
Resistance
is at 442 1/2 to 444 3/4..
Support
should appear near 438 1/4 to 437 under that 431 1/2 to 430 1/2 should contain a decline.....
January
Soybean Meal
Resistance
should appear near 149.6 then 152.9 to 153.5
.
Support
is at 148.4 and 145.9 to 145.3.
January
Soybean Oil
Support
is near 1642 and 1615 to 1609
Resistance
should appear near 1689
to 1696 and the 1731 to 1738 region ..
Trade Accordingly..
March
Corn
Recommended open position long at 218
3/4
Resistance should appear near 217 to
218 1/2 and 221 3/4
to 222 3/4
Support should appear near
the 213 1/2 to 212 3/4 region..
.
March
Wheat
Recommended Open Position Long 2 at 287 3/4 avg
Nearby Support
should appear near the 277 3/4 to 275 1/2..region...
Resistance
is at 282 to 282 3/4
The Satisfying Softs
March
Cotton
Resistance is at 3855 to 3870 and 3905
to 3930
March Coffee
Recommended
open position long 5035
BW Traders can buy at 4305 for a turn higher
and risk a close under 4160 for three days in a row..
Resistance
should appear near 4635 to 4650 and
4695 to 4715.
Stay tuned for updates
March
Sugar
Resistance
should appear near
791 to 795, beyond that a test of 814 to 823
Support
should appear
near 768 to 763 and the 739 to 735 region ..
March
Cocoa
Resistance
is at 1289 then 1304 to 1310
Support
should appear near 1274 to 1268 ...Below that buyers should appear near 1238 to 1232 . BW Traders can buy at 1238 and risk a close under 1192 for three
days in a row
A
Ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Thursday
December 6th, 2001
5:00 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 12-06-2001
Long 5 Dec EC 8959
Long 5 Dec Swiss Francs 6090
Short 7 Dec SP500 1159.50 avg
Long 10 Feb Gold 274.0
Long 20 Jan Beans 445 3/4 avg
Long 20 March Wheat 287 3/4 avg
Long 15 Feb hogs 5330 avg
Long 5 Feb Bellies 7515
Long 5 March Coffee 4905
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 12-06-2001
Short 10 Dec SP500 1128.80 avg
Morning Comment Day Trades (MC):
http://www.futurescom.com/mcper01.html