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FuturesCom Investment Publications
Morning Comments Tuesday
Nov 29th, 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
"Among
the hazards of speculation the happening of the unexpected - I might even say
the unexpectable- ranks high. There are certain chances that the most
prudent man is justified in taking - chances that he must take if he wishes to
be more than a mercantile mollusk"
--Reminiscences of a Stock operator—
Monday Nov 28th 2005
5:00 PM South Florida Beach Time
The Sensational Stock and Bond Markets
Dow Jones Industrial
Average
Resistance
should appear near
10,960.00 to
11,010.00
Support
should appear near 10,890.00 and 10820.00 .
Dec SP500
Support should
appear near 1260.50 and 1253.00
Resistance should appear near 1268.00 to 1274.00
Nasdaq Composite
Support should appear near 2226.00 to
2219.00
Resistance should appear near 2267 to 2275.00.
Dec Mini Nasdaq 100
Resistance should appear near
1731.00 to 1736.00
Support should appear near 1689.00 and 1672.00
Dec Mini Russell 2000
Support is at
667.30 to 665.90
Resistance should appear near 680.90 to 683.60
March 10 Year T-Note
Resistance should appear near 109-07
and 109-21 ..
Support should appear near 108-21 and 108-07.
March 30 Year T-Bond
Resistance should appear near
113-07 and 113-21
Support is
at 112-21 and 112-07
The Frenzied Forex Front
Dec Yen
Recommended open position short 2 at 8431 avg
Resistance should appear near 8484 to
8499 .
Support should appear near 8406 to 8391
Dec Euro Currency (EC)
Support should appear at the
11805 and the 11690 to 11640 region.
Resistance
should appear near the11920 to 11975 region..
Dec Swiss Franc
Recommended open position Short 7685
Resistance should appear near 7675 to
7689 and 7726
Support should appear near 7601 to 7587
December British Pound
Recommended open position short 2 at 17219
Support should appear near 16960 to
16890
Resistance should appear near 17310 to 17380.
Dec Canadian Dollar
Resistance should appear near
8560 to 8589
Support is at 8499 to 8484
Dec Aussie Dollar
Recommended open position Short at 7414
Support should appear near 7342 to
7328
Resistance should appear near 7414 to 7428 .
Precious Metals
Feb Gold
Resistance should appear at 505.6 to 506.7
Support is at 492.6 to 491.5
March Copper
Recommended open position Short at 18470
Support should appear near 18650 to
18580 and 18220 to18080
Resistance should appear near 19090 and 19460
to 19530 .
March Silver
Support should appear near 831.5 to
830.0 and 813.5 to
811.5
Resistance is at 856.0 to 858.5 and 885.5 to 887.0
The Exciting Energies
Jan Crude Oil
Resistance should appear near 5792 to
5805.
Support should appear near 5653
to 5640
Jan Unleaded Gas
Resistance should appear near
14840 to 14960 and 15290 to 15350 .
Support should appear near 14590 to 14530 and 14210 to 14150
Jan Heating Oil
Resistance
should appear at 17310 to 17380 and 17740 to 17800
Support should appear near 16550 to 16420 and 16150 to 16090
The Lively Livestock
Feb Cattle
Support should appear near 9347 to
9317 and 9237
Resistance is at 9527 to 9542 and
9707 to 9737
Feb Hogs
Recommended open Position Short 2 at
6560 avg
Support is 6672 to 6657 and 6592 to 6577
Resistance
is at 6812 to 6837 and 6907 to 6922 .
Feb Pork Bellies
Recommended open position short at 8670
Resistance should appear near
8857 to 8872 and 8932 to 8967
Support is
at 8682 to 8667 and 8592 to 8562.
The Grande’ Grains
Jan Soybeans
Resistance at 564 to 565 1/4 and
571 3/4 to 572 3/4 .
Support should appear near 550 1/2 to
549 n1/4 and 543 to 541 3/4
Jan Soymeal
Support should appear near the 169.5 to 168.9 and 165.5 to 164.2
Resistance should appear near
173.1 to 173.8 and 177.4 to 178.0.
Jan Soybean Oil
Resistance should appear near 2170
to 2185 and 2219 to 2226 ..
Support should appear near 2134 to 2126 and 2089 to 2080
March 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
March 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 304 1/2 to 303 3/4 .
The
Satisfying Softs
March ‘ The Monster ' Coffee
Recommended open position Long 10370
Support should appear near
9935 to 9920 and 9835 to 9820. .
Resistance should appear near 10320 to 10360 and 10580 to 10680 .
March Cocoa
Support is at
1383 to 1377. and 1346 to 1334
Resistance should appear near 1415 to
1421 and 1453 to
1459 .
March Sugar
Support should appear near 1238
to 1232
Resistance should appear near 1268 to 1274
.
March Cotton
Support should appear near 5210 to
5200 and 5140 to 5125 ...
Resistance should appear near 5345 to 5355 and 5415 to 5430.
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 Nov 28th 2005
5:45 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 11-28-2005
Short 2 Dec Yen 8481 avg
Short Dec Swiss Francs 7685
Short 2 Dec British Pounds 17219 avg
Short Dec Aussie Dollar 7414
Short March Copper 18470
Short 2 Feb Hogs 6560 avg
Short Feb Bellies 8670
Long March Coffee 10370