Economic and Investment Trend Analysis - Socio Economics 
Dow Jones - SP500 - Nasdaq - Russell 2000 - Treasuries - Forex -  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  Wed October 12th, 2005
 Serving Professional and Individual Traders World Wide since 1988
1650 SW Malmo Rd , Port St. Lucie ,  Florida 34953 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 772-621-4234  http://www.futurescom.com 

Tuesday Oct 11th  2005
6:00 PM   Eastern Time    

                           The Sensational Stock and Bond Markets  

 

Dow Jones Industrial Average
Resistance should appear near 10,320.00 to 10,360.00, a close over is friendly and augurs for a test of 10,470.00 
Support should appear near 10,185.00...Below that buyers should appear near the 10,136.00 to 10,104.00 region  .

Dec SP500
Recommended open position Long 2 at 1219.10
Support should appear near  1180.50 and the 1169.00 to 1164.00 region
Resistance should appear near 1192.00 and 1197.50 to 1203.00. 

Nasdaq Composite
Support should appear near 2034.00 and the 1996.00 to 1989.00 region 
Resistance should appear near 2042.00 and the 2080 to 2089.00 region  
Trade Accordingly

Dec Mini Nasdaq 100
Recommended open position long at 1593.00
Resistance should appear near 1569.00 to 1676.00.
Support should appear near 1535.00 to 1529.00  
  
Dec Mini Russell 2000
Recommended Open Position Long 2 at 672.5
Support is at  627.00 to 625.70 and 619 to 616.5 
Resistance should appear near 641.70 to 643.00 and 648.30 to 650.90.   

December 10 Year T-Note  
Resistance should appear near 109-21 and 110-07 
Support  at  108-21 and 108-07
.
December 30 Yr   T-Bond 
Resistance should appear near 114-07 and 114-22..
Support  is at 113-21 and 113-07                                                                 

                                      The Frenzied Forex Front

Dec  Yen
Resistance should appear near 8856 to 8871 and the 8964 to 8934 region.
Support should appear near the 8777  to 8762 region. Below that buyers should appear near 8683 to 8668 and contain a decline ..
Trade accordingly .

Dec  Euro Currency (EC)
Recommended open Position Short at 12174
Support should appear at 11975 to 11920. 
Resistance should appear near 12030 and 12175.. 

Dec Swiss Franc
Recommended open position Short at 7937
Resistance should appear near 7836 to 7864 and  the 7939 to 7954 region.
Support should appear near 7777 to 7763 .. Below that a test of 7689 to 7675 is likely. .  

December British Pound
Recommended open position short at 17435
Support should appear near 17380 to 17310.
Resistance should appear near 17560 and 17740 to 17810 and 17940.

Dec  Canadian Dollar
Resistance  should appear near 8560 to 8589 and the 8668 to 8683 region
Support is at  8499 to 8484, a close under is negative and augurs for a test of  8406 to 8391 and most likely the 8314 to 8300 region..

Dec Aussie Dollar
 Support should appear near 7486 and the 7428 to 7414 region    
Resistance should appear near 7513 and 7587 to 7601 


                                                Precious Metals
Dec Gold
Resistance should appear at 484.5 to 486.6 and 491.5 to 492.6
Support is at  471.7 to 469.5 and 465.0 to 463.9

Dec Copper
 Recommended open Position Short at 18070
Support should appear near 18220 to 18080     
Resistance should appear near 18580 to 18650

Dec Silver 
Support should appear near 777.5 to 776.5 and 760.5 to 758.5 
Resistance is at 802.5 to 804.5 and 811.5 to 813.5 
.

 

The Exciting Energies

Nov Crude Oil
Resistance should appear near 6417 to 6430 and 6483 to 6509 
Support should appear near 6270 to 6257 and 6113 to 6101

Nov Unleaded Gas 
Resistance should appear near 18580 to 18650 and 19020 to 19090 
Support should appear near 17800 to 17740. A slip under is negative and augurs for a test of 17380 to 17310 

Nov Heating Oil
Resistance should appear at 20800 to 20890 and 212.5 to 213.4.
Support should appear near 19530 to 19460 and 18650 to 18580 ..

The Lively Livestock  

Dec  Cattle
Support should appear near 9060 to 9042 and the 8967 to 8937 region ..
Resistance is at  9142 to 9157 and 9317 to 9347 ..

Dec Hogs
Support is 6337 then 6272 to 6257 and the 6192 to 6162 region 
Resistance is at  6417 to 6432 and the 6487 to 6512 region  .

February Pork Bellies
Resistance should appear near 9527 to 9547 and the 9627 to 9642 region  
Support should appear near 9447 to 9427 and the 9347 to 9317 region 

                                         

                                                 The Grande’ Grains

November Soybeans
Resistance at 564 to 565 1/4 and 571 3/4 to 572 3/4
Support should appear near 557 3/4 to 555 1/4 and  the 550 1/2 to 549 1/4 region.

Dec Soymeal
Support should appear near 165.5 to 164.2  and 161.5 to 160.9..
Resistance should appear near 168.9 to 169.6 and the 173.1 to 173.8 region  

Dec  Soybean Oil
Resistance should appear near  2370 and 2411 to 2419
Support should appear near 2322 to 2315 and the 2275 to 2267 region.

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

Dec Wheat
Resistance should appear near 344 1/4 , a close over is friendly and augurs for a test of  349 1/4 to 350 1/4.
Support should appear near 338 3/4 to 337 3/4 and 332 3/4 to 331 3/4   
BW .Traders can buy at 333 1/4 and hold for higher prices  

Trade Accordingly and stay tuned for Updates..            

 

                                                          The Satisfying Softs  
Dec 'The Monster' Coffee
Recommended open position long at 9260
Support  should appear near 10035 to 10020 and the 9935 to 9920 region .. 
Under that buyers should appear near the 9735 to 9705 region .
Resistance should appear near 10105 to 10135. and the 10320 to 10360 region.. beyond that a test of 10470 is likely.. 

Dec Cocoa
Support is at 1346 to 1334 and 1310 to 1304 .
Resistance is at  1377 to 1383 and 1415 to 1421

March  Sugar
Support should appear near 1169 to 1164..
Resistance should appear near 1192 to 1203

Dec Cotton
Support should appear near 5505 to 5490 and the 5430 to 5415 region  Below that buyers should appear near 5355 to 5345. 
Resistance should appear near 5555 to 5580 and the 5715 to 5730 region.

 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
Tuesday October 11th , 2005
6:15 PM   South Florida Beach Time

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 – 2005 all rights reserved Terms

BW Recommended Open Positions 10-11-2005
Long 2 Dec SP500 1219.10
Long Dec  Mini Nasdaq 1593 
Long 2  Dec Mini Russell 672.50
Short Dec EC 12174
Short Dec Swiss Francs 7937
Short Dec British Pounds 17435
Short Dec Copper 180.70
Long Dec Coffee 9260