Economic and Investment Trend Analysis - Socio Economics 
Forex - Bonds - Dow Jones - Nasdaq - SP500 Precious Metals - Energy - Livestock - Grains - Softs
 Premier Service - Platforms - Quotes - Online Signup - Bi-Weekly Outlook Archives - Special Reports  DIY Index 

FuturesCom Investment Publications
Morning Comments Monday October 25th 2004
 Serving Professional and Individual Traders World Wide since 1988
7690 Rockport Circle ,  Lake Worth ,  Florida 33467 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 561-433-2995  http://www.futurescom.com

Monday October 25th  2004
5:00 AM  Eastern time   

Open BW Positions

                            The Frenzied Forex Front

Dec Yen
Resistance should appear near  9429 to 9445 
Support should appear near 9347 to 9316.

Dec Euro Currency (EC)
Support should appear at 12715 to 12680
Resistance is at 12815 then12890 and 13040 to 13100

Dec Swiss Franc
 Resistance should appear near 8391 to 8408
 Support should appear near 8316 to 8300

Dec British Pound
Support should appear near 18220 to 18150 and18080 
Resistance should appear near 18400 and 19580 to 18650

Dec Canadian Dollar
Support should appear near 8044 to 8029 
Resistance is at 8194 to 8223

Dec Aussie Dollar
Support should appear near 7342 to 7328.
Resistance should appear at 7487 to 7513 

                                       The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 9821 to 9837
Support should appear near 9542 to 9526 

Dec SP500
Resistance should appear near 1096.0 to 1101.00
Support should appear near 1082.00 and 1068.00 to 1063.00

Nasdaq Composite
Support should appear near 1909 to 1902 
Resistance should appear near 1946 to 1953

Dec Mini Nasdaq 100
Resistance is at 1453 to 1459
Support is at 1421 to 1415

Dec 10 Year T-Note
Resistance should appear near 114-07 and 114-22
Support is at 113-22 and 113-07

Precious Metals

December Gold
Resistance should appear at 437 to 438.1 
Support is at  424.9 to 423.8

Dec Copper
Support should appear near 12740 to 12680 
Resistance should appear near 13340 to 13460 

Dec Silver
Support should appear 734.5 ot 732.5 and 717 to 714
Resistance is at  748.5 to 751.5 and 776.0 to 777.5


                            The Exciting Energies

Dec Crude Oil
Resistance should appear near 5577 and the 5640 to 5653 region 
 Support should appear near  5430 to 5418 and 5282 to 5259.  
 
December Unleaded Gas 
 Resistance should appear near 14530 to 14590 and 14840 to 14960
Support should appear near  13830 to 13770 and 13460 to 13340    

Dec Heating Oil
Resistance should appear near 16090 to 16150 and 16420 to 16550 
Support should appear near 15760 to 15690 and 15350 to 15290 

The Lively Livestock

December Cattle
Support should appear near 8777 to 8762 and 8587 to 8562 
Resistance is at 8857 to 8872 and 8932 to 8967.

December Hogs
Support is at  6592 to 6577 and 6432 to 6417 
Resistance is 6657 to 6672 then 6742 to 6757 and 6807

February Pork Bellies
Resistance should appear near 9527 to 9542 and 9622 to 9642
Support is at 9347 to 9316 and 9157 to 9142.                  

                                 The Grande’ Grains

December Corn
Support should appear near 199 3/4 to 198 1/4 and 195 1/4 to 194 3/4 
Resistance is at 203 1/2 to 204 1/4 and 208 to 208 3/4

January Soybeans
Support is at 528 1/4 to 525 3/4 and 513 3/4 to 512 3/4
Resistance is at 541 3/4 to 543 and 555 1/4 to 557 3/4

December Soymeal
Support should appear near 157.5 to 156.9 
Resistance should appear near 164.2 to 165.5

December Soybean Oil
Resistance should appear near 2126 to 2134 and 2170 to 2185
Support should appear near 2042 to 2034 and 1996 to 1982


December CBOT Wheat
Support should appear near 304 1/2 to 303 3/4 and 299 to 297 1/4 
Resistance should appear near 314 3/4 to 315 3/4 and 319 1/2 to 321 1/4 

                              
                                    The Satisfying Softs
December Coffee 
Support is near 7485 then7430 to 7415 and 7255 to 7240
Resistance should appear near 7585 to 7605 and 7760 to 7775


December Cocoa 
Support is at 1421 to 1415
Resistance is at 1453 to 1459

March Sugar
Support should appear near  882 to 877 
Resistance should appear near 907 to 912

December Cotton
Support should appear near 4445 to 4425 and 4380 to 4370  
Resistance should appear near 4635 to 4650 and 4775 to 4795
                         
- A Ship in Harbor is Safe...But that is not what ships are built for –

Happy Trading!   
Bill  wil@futurescom.com
1-866-409-3890

Monday October 25th 2004
7:00 AM Eastern 


THIS PUBLICATION IS SUBJECT TO REVISIONS AND 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@1996-2004 all rights reserved                                
Recommended Open BW  Positions
Short 3 Dec Yen 9140 avg
Short 5 Dec EC 12380 avg
Short 2 December Swiss Franc 7944 avg
Short Dec Canadian Dollar 7762
Short December British Pounds 17732 
Long 2 Dec SP500 1112.80 avg
Short 3 Dec Gold 404.4 avg
Short Dec Cattle 8697 
Short Dec Hogs 6510
Long 2 Dec Wheat 317  avg 
Long Dec Coffee 7860 
Short March Sugar 858

                                                                          Terms