Economic
and Investment Trend Analysis - Socio Economics - Forex - Bonds - Dow Jones -
Nasdaq - SP500-
Precious Metals - Energy - Livestock - Grains - Softs
FuturesCom
Investment Publications
Morning Comments, Thursday Sept 5th, 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
Wed September 4th, 2002
2:50 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
September Swiss
Franc
Resistance
should appear
near 6782 and 6809 to 6836
Support should appear near 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 5430 to 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 8445 then 8484 to 8499 and 8560 to 8589
Support
should appear near the 8406 to 8391 then 8353 and 8314 to 8300
September SP500
Resistance is at 893.4 to 896.40 and
Support should appear near 887.1 to 885.60 and 877.70 to 876.20..
Nasdaq
Composite
Resistance
is
at 1304 to 1310 and 1321.5
Support should appear near 1289 and 1274 to 1268
September Mini
Nasdaq 100
Resistance
is
at 931.50 to 935.00 and 942.50 to 944.50
Support is at 915.50 to 914.00 then 906.00 to 904.50 and 896.50 to 893.50 .
Sept
Resistance should appear near 114-23 and 115-07
Support is at 114-07 and 113-23
Precious Metals
December
Gold
Recommended open
BW position , long 311
Support should appear at 315.7
to 314.8 and 312.50
Resistance is
at 319.4 to 321.3
December Copper
Support
should
appear near 6805 and 6755 to 6740
Resistance
should
appear near 6905 to 6920.
December
Silver
Support
should
appear near 444.5 to 442.5 and
438.5 to 437.0
Resistance
is at 450 to 451.5 and 457.5 to 458 .
The Exciting Energies
October Crude Oil
Recommended open
BW position , long
at 2928
Support should appear near
2820 then 2775 to 2758 and the 2724 to 2716 region.. Under that
BW traders can buy at 2727 and hold for higher prices..
October Natural Gas
Resistance
is at 3.261 to 3.270 and 3.319 to 3.328
Support is at
3.157 to 3.148 and 3.102 to 3.902
October
Unleaded Gas
Recommended open
BW position , long 2
at 7740 avg
Support should appear near 7585 and
7515 to 7485
Resistance
is at 7675 to 7690 and the
7760 to 7780 region.
October Heating
Oil
Resistance
Support should appear near 7430 to 7415 and 7345 to 7325
The Lively Livestock
October Live
Cattle
Recommended open
BW position , Short
at 6737
Nearby Support should
appear near 6672 to 6657.
Resistance is
at 6712 and 6742 to 6757.
October Hogs
Support
is
at 3102 to 3092 and 3047 to 3037 .
Resistance is
at 3147 to 3157 and 3192 to 3212
February Pork
Bellies
Support should appear at 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 555 1/4 to 557 3/4
.
Support should appear at 550 1/2 to 549 1/4 and 543 to 541 1/2
December Soymeal
Support should appear near
173.1 and 169.6 to 168.9 .
Resistance is at 175.6 and 177.4 to 178.0
December Soybean
Oil
Recommended open BW Position Long 2045
Resistance is near 2080 to 2088
Support should appear near 2042 to 2034 and 1996 to 1982
Dec Corn
Recommended open BW Position Long 2 at 275 1/4 avg
Resistance should appear near the 282 to 282 3/4 region.
Support is
at 277 1/2
to 275 3/4 and 272 1/2
to 271 3/4
December Wheat
Support
should
appear at 380 3/4 to 379 1/2 and 374 1/2 to 373 3/4
Resistance
is
at 386 1/2 , beyond that a test of 390 3/4 to 392 3/4 is likely
The Satisfying Softs
December
Cocoa
Recommended Open position Long
Resistance is at 1996 and 2015
December
Coffee
Recommended Open position Long
at 5265
Support is near 5725 to 5715 and 5655 to 5640 . Under that
buyers should appear near
5580 to 5550
Resistance should appear near 5790 to 5805 and the 5945 to 5955
region.
-Stay tuned for updates-
October Sugar
Support should appear near 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
Wed , September 4th , 2002
3:59 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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