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FuturesCom Investment Publications
Morning Comments Friday Nov 4th , 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 

Thursday Nov 3rd  2005
5:30 PM  South Florida Beach Time

                         The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance should appear near 10,580.00 to 10,630.00
Nearby Support should appear near 10,470.00. Below that buyers should appear near the 10,360.00 to 10,320.00 region

Dec SP500
Recommended open position Long 2 at 1219.10 avg
Support should appear near 1217.50 and the 1203.00 to 1192.00 region 
Nearby Resistance should appear near  the 1232.00 to 1238.00 region 

Trade Accordingly

Nasdaq Composite
Support should appear near 2134.00 to 2126.00
Resistance should appear near the 2170.00 to 2185.00 region   .

Dec Mini Nasdaq 100
Recommended open position long at 1598.50
Resistance should appear near 1642.00 to 1655.00
Support should appear near 1628.50 and 1615.00 to 1609.00     

Dec Mini Russell 2000
Recommended Open Position Long 2 at 672.5 avg
Support is at 659.10 to 657.70 and 650.90 to 648.30
Resistance should appear near 665.90 to 667.30 and 674.30 to 675.50

December 10 Year T-Note  
Resistance should appear near 108-07 and 108-21  
Support  at 107-21 and 107-07

December 30 Yr   T-Bond
Resistance should appear near 111-07 then 111-21 and 112-07  
Support  is at 110-21 then 110-07 and 109-21                                          


                                     The Frenzied Forex Front

Dec  Yen
Resistance should appear near 8668 to 8683 and 8762 to 8777.
Support should appear near 8560 and 8499 to 8484

Dec  Euro Currency (EC)
Recommended open Position Short 2 at 12072 avg
Support should appear at 11920 and 11805   
Resistance should appear near 12075 to 12030 and 12107

Dec Swiss Franc
Recommended open position Short at 7937
Resistance should appear near  7777 then 7807 and the  7836 to 7864 region
Support should appear near 7689 to 7675 and the 7601 to 7587 region   

BW Traders should go short if a close under 7763 occurs.

December British Pound
Recommended open position Short at  17435
Support should appear near 17560 and the 17310 to 17380 region
Resistance should appear near 17740 to 17800 and 17940

Dec  Canadian Dollar
Resistance  should appear near  8484 to 8499 and 8560 to 8589 
Support is at 8407 to 8391and 8314 to 8300   

Dec Aussie Dollar
Support should appear near 7342 to 7328    
Resistance should appear near 7414 to 7428 

                                                Precious Metals
Dec Gold
Resistance should appear at  463.9 to 465.0 and 469.5 to 471.7   
Support is at 458.2 to 457.1  and 451.4 to 450.3

Dec Copper
Support should appear near 18220 to 18080 and 17800 to 17740
Resistance should appear near 18580 to 18650 and 19020 to 19090

Dec Silver 
Support should appear near  751.5 to 748.5 and 725.5 to 724.5 
Resistance is at 767.5 to 768.5 and 776.0 to 777.5 

                                         The Exciting Energies

Dec Crude Oil
Resistance should appear near 6257 to 6270 and 6337 to 6350 
Support should appear near 6113 to 6101 and 6035 to 6023

Dec Unleaded Gas 
Resistance should appear near 16420 to 16550 and the 16890 to 16960 region
Support should appear near 161`50 to 16090 and 15780 to 15690 

Dec Heating Oil
Resistance should appear at 18580 to 18650 and 19020 to 19090
Support should appear near  18220 to 18080 and 17800 to 17740

 

                                                             The Lively Livestock  

Dec  Cattle
Recommended open position short at 9137
Resistance  should appear near 9137 to 9157 and 9237  
Support is at 9062 to 9042 and 8967 to 8937

Dec Hogs
Recommended open position short at 6162
Support is 6112 to 6102 and 6037 to 6022 
Resistance is at  6192 and the 6257 to 6272 region 

February Pork Bellies
Resistance should appear near 8857 to 8872 and the 8932 to 8967 region      
Support  is at  8682 to 8667 and the 8592 to 8562 region

                                      
                                        The Grande’ Grains

January Soybeans
Recommended open position short at 585 1/4
Resistance at  602 1/4 to 603 1/2 and 610 1/4 to 611 1/4 
Support should appear near 595 3/4 to 594 1/2 and 588 to 585 1/2    
 

Dec Soymeal
Recommended Open Position Short at 169.5
Support should appear near  173.8 to 173.1
Resistance should appear near 180.8 to 182.2

Dec  Soybean Oil
Resistance should appear near 2354 to 2370.and the 2411 to 2419 region
BW Traders can sell at 2409 and hold for lower prices..
Support should appear near 2322 to 2315 and 2275 to 2267

Dec Corn
Resistance should appear near 198 1/4 to 199 3/4 and 203 1/2 to 204 1/4
Support is at 195 1/4 to 194 3/4 and 190 3/4 to 190 1/4

Dec Wheat
Recommended Open position long 2 at 327 1/4 avg
Resistance should appear near 314 3/4 to 315 3/4
Support should appear near 310 1/4 to 309 1/4  
   
            

                                                           The Satisfying Softs  
Dec 'The Monster' Coffee
Support  should appear near 10135 to 10105 and the 10035 to 10020 region  
Resistance should appear near 10470 and the 10580 to 10680 region. 

Dec Cocoa
Recommended Open Position Short at 1376
Support is at 1346 to 1334. and 1310 to 1304
Resistance is at 1376 to 1383 and 1415 to 1421   

March  Sugar
Support should appear near  1136 to 1130
Resistance should appear near 1164 to 1169 

Dec Cotton
Support should appear near  5140 to 5125 and the 5065 to 5055 region  
Resistance should appear near 5255 to 5285 and 5345 to 5355

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
Thursday Nov 3rd , 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 11-3-2005
Long 2 Dec SP500 1219.10 avg
Long 1  Dec  Mini Nasdaq 1598.50
Long 2  Dec Mini Russell 672.50 avg
Short 2  Dec EC 12072 avg
Short Dec Swiss Francs 7937
Short Dec British Pounds 17435
Short Dec Cattle 9137
Short Dec Hogs 6162
Short Jan Beans 585 1/4
Short Dec Soymeal 169.5
Long 2 Dec Wheat 327 1/4 avg
Short Dec Cocoa 1376