FuturesCom
Investment Publications
Morning Comments Friday December 26th 2003
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, December 24th, 2003
12:30
PM Eastern time
The Frenzied Forex Front
March Yen
Support should appear near 9316 and 9237
Resistance should appear near 9347 and the 9420 to 9445 region.
March Euro Currency (EC)
Support
should appear at 12425 and 12380 to 12320
Resistance is at 1.2530 and 12680 to
12740
March Swiss
Franc
Resistance should appear near 8044
and 8119 to 8134
Support should appear near 8029 and 7954 to 7939
March
British Pound
Support should appear near 1.7380 to 1.7310
Resistance should appear near 1.7740
to 1.7800.
March Canadian Dollar
Support should appear near 7601
to 7587.
Resistance is at the 7675 to 7689
March Aussie Dollar
Support should appear near 7342
to 7328
Resistance should appear at 7414 to 7428
The
Sensational Stock and Bond Markets
Dow Jones
Industrial Average
Resistance should appear
near 10320 to 10360 and 10470
Support should appear near 10257 and 10185
March SP500
Resistance
should appear near 1096.00 to 1101.00 amd
1115.50
Support should appear near 1082 and 1068 to 1958.00
Nasdaq Composite
Resistance should appear near
1982 to 1996.
Support should appear near 1953 to 1946 .
March Mini
Nasdaq 100
Resistance is at 1453 to 1459
Support is at 1421
to 1415
March 10 Year T-Note
Resistance should
appear near 112-22 and 113-07
Support is at 112-07 and 111-22
..
The
Lively Livestock
February
Live Cattle
When cattle trades again we will resume coverage
February
Lean Hogs
Support is at 5067 to 5057 and 4997 to 4972
Resistance is 5127 to 5142 the 5197 to 5212 and
5257 to 5282
April Hogs
Support is at 5432 to 5417
and 5357 to 5342
Resistance is at 5552 to 5577 and 5637 to 5652 .
February Pork
Bellies
Support should appear near 8317 to 8302 and 8227 to
8197
Resistance is at 8392 toi 8407
and 8482 to 8502
The Grande’ Grains
March Soybeans
Resistance
is at 767 1/2 to 768 3/4 and 776 1/4 to 777 3/4
Support should appear at 760 1/4 to 758 3/4 and 742 3/4 to 741 1/2
March
Soymeal
Support
should appear near 232.2 to 231.5 and 227.5 to 226.7
Resistance should appear near 235.4 to 237 and 241.1 to
241.9
March Soybean Oil
Resistance should appear near 2716 to 2724 and 2758 to 2775
Support should appear near 2672 to 2663 which
should
hold.
BW
Traders can buy at 2677 and
risk a close under 2658 for three days in a row.
March Corn
Resistance
should appear near 237 and 241 1/4 to 241 3/4
Support is at 232 1/4 to 231 1/2 and 227 1/2 to 226 3/4
March CBOT Wheat
Resistance should appear near
366 1/4 to 368 3/4 and 373 1/4 to 374 1/4
Support should appear near 362 1/4 to 361
1/4 and 356 1/4 to 355 1/4
A Ship in Harbor is Safe.. But that is not what ships
are built for –
Have
a Safe and Happy Holiday !
Bill wil@futurescom.com
1-866-409-3890
Wed December 24th 2003
1:30 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.
-----------------------------------------------------------------------------------------
FuturesCom Investment Publications Copyright@1996-2003 all rights reserved