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FuturesCom Investment Publications
Morning Comments  Friday Nov 11th , 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 10th  2005
8:00 PM  South Florida Beach Time

                                                                    The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance should appear near 10,680.00 and 10,820.00
Support should appear near 10,630.00  to 10,580.00

Dec SP500
Recommended open position Long 2 at 1219.10
Support  should appear near 1232.00 and 1226.30 .. below that 1217.50 should hold  
Nearby Resistance should appear near 1238.00 ,  a close over is friendly and augurs for an eventual  test of 1253.00.   

Nasdaq Composite
Support should appear near 2185 to 2170 ..
Resistance should appear near the 2219 to 2226 region ..

Dec Mini Nasdaq 100
Recommended open position long  2  at 1627.80
Resistance should appear near the 1689 to 1696 region .
Support should appear near  1655 to 1642 and 1628.50 

Dec Mini Russell 2000
Recommended Open Position Long 2 at 672.5
Support is at 659.10 to 657 and the 650.90 to 648.30 region ..
Resistance should appear near 665.90 to 667.30., a close over is friendly and augurs for a test of 674.40 to 675.50
 

                              

                                     The Frenzied Forex Front

Dec  Yen
Resistance should appear near8560 to 8589 and 8667 to 8683 region .
BW .Traders can sell at 8662 for a turn lower and risk a close over 8691 for three days in a  row..
Support should appear near 8499 to 8484 and the 8406 to 8391 region
BW Traders should go short if a close under 8481 occurs..

Dec  Euro Currency (EC)
Recommended open Position Short at 11970
Support should appear at  the 11690 to 11640 region.
Resistance should appear near 11805 and 11920 to 11975

Dec Swiss Franc
Recommended open position Short 2 at 7811 avg
Resistance should appear near 7675 to 7689  
Support should appear near 7601 to 7587 
Trade Accordingly ..

December British Pound
Recommended open position Short at  17435
Support should appear near 17380 to 17310
Resistance should appear near 17740 to 17800 ..

Dec  Canadian Dollar
Resistance  should appear near 8484 to 8499
Support is at  8406 to 8391

Dec Aussie Dollar
Support should appear near 7255 to 7242  ..    
Resistance should appear near 7328 to 7342 .
 

                                               Precious Metals
Dec Gold
Resistance should appear at 469.5 to 471.7
Support is at  465 to 463.9 ..

Dec Copper
Support should appear near 18220 to 18080
Resistance should appear near 19020 to 19090
Aggressive BW traders should go short if a close  under 18070 occurs

Dec Silver 
Support should appear near 751.5 to 748.5 and  742.5 to 741.5
Resistance is at  767.5 to 768.5 and the 776.0 to 777.5 783.0 region

The Exciting Energies

Dec Crude Oil
Resistance should appear near 5792 to 5805 and 5855 to 5880 
Support should appear near  5729 to 5716 and the 5653 to 5640 region

Dec Unleaded Gas 
Resistance should appear near 15290 to 15350 and 15690 to 15760
Support should appear near 14960 to 14840 and the 14590 to 14530 region 

Dec Heating Oil
Resistance should appear at  17740 to 17800 and  18080 to 18220 
Support should appear near  17380 to 17310 and 16960 to 16890.

The Lively Livestock  

Dec  Cattle
Support should appear near 9157 to 9137 and the 9062 to 9042 region  .
Resistance is at 9237 then 9317 to 9347 and the 9427 to 9447 region 

Dec Hogs
Recommended open Position Short at 6162
Support is 6272 to 6257  and 6192 to 6162
Resistance is at  6337 to 6352 and 6417 to 6432 

February Pork Bellies
Recommended open position Short at 9137
Resistance should appear near 9042 to 9062 and 9137 to 9157
Support  is at  8872 to n8857 and the 8777 to 8762 region.

                                       The Grande’ Grains

January Soybeans
Recommended open position Short at 585 1/4
Resistance at  595 1/2 to 595 3/4 and 602 1/4 to 603 1/2
Support should appear near 588 to 585 1/2 and 580 1/2 to 579 3/4 

Dec Soymeal
Recommended open position Short at 169.5
Support should appear near  173.8 to 173.1 and the 169.5 to 168.9 region 
Resistance should appear near 177.4 to 178.0 and 180.8 to 182.2

Dec  Soybean Oil
Resistance should appear near 2315 to 2322 and 2354 to 2370 ,
Support should appear near  2275 to 2267...  A close under is negative and augurs for a test of 2226 to 2219.
BW Traders should go short if a close under 2264 occurs..

Dec Corn
Resistance should appear near 194 3/4 to 195 1/4
Support is at  190 3/4 to 190 1/4

Dec Wheat
Resistance should appear near 314 3/4 to 315 3/4 and  319 1/2 to 321 1/4  ..
Support should appear near 310 1/4 to 309 1/4 and the 304 1/2 to 303 3/4 region                 

                                                      The Satisfying Softs  

March  ‘ The Monster ' Coffee
Support  should appear near 11010 to 10960 and 10680 to 10580
Resistance should appear near 11300 to 11360 and 11640 to 11690 

March Cocoa
Support is at 1346 to 1334, a slip under is negative and augurs for test of  1310 to 1304 .
Resistance is at 1383 and the 1415 to 1421 region.   BW .Traders can sell at 1414 and hold for lower prices.  

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

March Cotton
Support should appear near 5355 to 5345 and 5285 to 5255
Resistance should appear near 5415 to 5430 and 5490 to 5505 .

                      
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 10th, 2005
10:15 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.
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BW Recommended Open Positions 11-10-2005
Long 2 Dec SP500 1219.10
Long Dec Mini Nasdaq 1598.50
Long 2  Dec Mini Russell 672.50
Short Dec EC 11970
Short 2  Dec Swiss Francs 7811 avg
Short Dec Hogs 6162
Short Feb Port Bellies 9137
Short Jan Beans 585 1/4
Short Dec Soymeal 169.5