Economic
and Investment Trend Analysis - Socio Economics - Forex - Bonds - Dow Jones -
Nasdaq - SP500-
Precious Metals - Energy - Livestock - Grains - Softs
FuturesCom
Investment Publications
Morning Comments, Friday Sept 6th, 2002
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
Sunday
Night : "Not
for Widows and Orphans"
Radio Show
Description of Services Premier
Service
Thursday September 5th, 2002
6:30 PM e.s.t
The ‘Frenzied’ Forex Front
September Yen
Supp
Resistance
should appear
near 8484 to 8499 and 8560 to 8589
September Euro Currency (EC)
Support should appear at 9879 and 9837
to 9821
Resistance is at 9921 to 9937,
beyond that a test of 10021 to 10037 is likely.
September Swiss
Franc
Resistance
should appear
near 6809 to 6836 , beyond that a test of 6909 to 6919 is likely.
Support should appear near 6782 and 6755 to
6741
September British
Pound
Support
should appear near 1.5568 and 1.5510
Resistance is at the 1.5690 to1.5760 region..
September
Canadian Dollar
Support should appear
at 6350 to 6337
Resistance is at the 6383 and
6417 to 6430.
September
Aussie Dollar
Recommended open BW Position Long 5535
Support
is at should appear near 5418 and 5387
Resistance is at 5463 and 5492 to 5504
The Sensational Stock and Bond Markets
Dow Jones
Industrial Average
Resistance should
appear near 8300 to 8314 and 8353, beyond that sellers should appear near 8391
to 8406 and the 8484 to 8499 region.
Support
should appear near the 8223 to 8194 , a slip under augurs for a test of the 8134 to 8119
region..
September SP500
Resistance is at 885.60 to 887.10 then 893.4 to 896.40 and
Support should appear near 877.70 to 876.20 then 868.30 to 866.80, below that
buyers should appear near
858.90 to 856.00 and the 8549.90 to 848.40 region.
Nasdaq
Composite
Resistance
is
at 1238 to 1232 and 1203 to 1192
Support should appear near 1268 to 1274 and 1289
September Mini
Nasdaq 100
Resistance
is
at 904.50 to 906.00 and 94.00 to 915.50 , beyond that sellers should
appear near
931.50 to 935.00.
Support is at 896.50 to 893.50 and 877.50 to 876.00 under that
buyers should appear near
840.50 to 839.00.
Sept
Resistance should appear near 115-07 and 115-22.. Beyond that a test of 116.07
is likely.
Support is at 114-07 and 113-23 under
that buyers should appear near 113-04 and 112-23
Precious Metals
Recommended open
BW position , long 311
Support should appear at 315.7
to 314.8 and 312.50
Resistance is
at 321.3 and the 326.1 to 327.0 region.
December Copper
Support
should
appear near 6740 and 6675 to 6655 , a slip under is negative and
augurs for a test of 6590 to 6575.
Resistance
should
appear near 6805 to 6835 and 6905 to 6920.
December
Silver
Support
should
appear near 451.5 to 450.5 and 444.5 to 442.5
Resistance
is at 457.5 to 458 and the 463.5 to 465.0 region.
The Exciting Energies
October Crude Oil
Recommended open
BW position , long
at 2928
Support should appear near
2883 to 2874 and 2829 to 2820
October Natural Gas
Resistance
is at 3.377 to 3.386 and 3.425 to 3.445
Support is at
3.328 to 3.319 and 3.270 to 3.261
October
Unleaded Gas
Recommended open
BW position , long 2
at 7740 avg
Support should appear near 7780 to
7760 and 7690 to 7675
Resistance
is at 7835 to 7865 and the
7935 to 7955 region. .. beyond that a test of 8025 to 8045 is likely
October Heating
Oil
Resistance
Support should appear near 7690 to 7675 then 7605 to 7585 and
7515 to 7485
The Lively Livestock
October Live
Cattle
Nearby Support should
appear near 6757 to 6742 and 6707.
Resistance is
at 6807
to 6837 and
6907 to 6922
October Hogs
Support
is
at 3212 to 3192 and 3102 to 3092 .
Resistance is
at 3317 to 3332 then 3377 to 3387 and 3422 to 3442.
February Pork
Bellies
Support should appear at 6432 to 6417 then 6357 to 6332 and the 6272 to 6257 region
Resistance is at 6482 to
6512 and 6577 to 6592
-Stay tuned for Livestock and Belly Updates and Flashes-
The Grande’ Grains
November
Soybeans
Recommended Open position
Long at 544 1/2
Resistance is at 557 3/4
, beyond that a test of 564 to 565 1/4 is likely.
Support should appear at 550 1/2 to 549 1/4 and 543 to 541 1/2
December Soymeal
Support should appear near
173.8 to 173.1 and 169.6 to 168.9 .
Resistance is at 177.4 to 178.0
December Soybean
Oil
Recommended open BW Position Long 2045
Resistance is near 2034 to 2042
Support should appear near 1996 to 1982
Dec Corn
Recommended open BW Position Long at 278 1/2
Resistance should appear near 282 to 282 3/4
and 287 1/2 to 288 1/4
Support is
at 277 1/2
to 275 3/4 and 272 1/2 to 271 3/4
December Wheat
Support
should
appear at 392 3/4 to 390 1/2 and 386 3/4 to 385 3/4
Resistance
is
at 398 1/2 to 399 1/4 and the 404 3/4 to 405 3/4 region.
The Satisfying Softs
December
Cocoa
Resistance
is at 2015 and 2034 to 2042
December
Coffee
Support
is near 5655 to 5640 . Under that
buyers should appear near 5580 to 5550
and the 5505 to 5490 region.
Resistance should appear near 5715 to 5730 then 5790 to 5805 and the 5945 to 5955
region.
-Stay tuned for updates-
October Sugar
Support should appear near 609 to 601 and 594
Resistance should appear near 621 and
630 to
634
December
Cotton
Recommended Open position
Long at 4690
Support
should
appear near 4515 to 4505 and 4445 to 4425
Resistance is at 4570 to 4585 and 4635 to 4650
A Ship in Harbor is Safe.. But that is not what ships
are built for –
Happy
Trading!
Bill
bill@futurescom.com
1--561-433-2995
Thursday , September 5th , 2002
7:50 PM South Florida Beach Time
THIS PUBLICATION CONTAINS THE VIEW AND OPINIONS
OF THE AUTHOR, EXCEPT WHERE OPINIONS 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.
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