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FuturesCom Investment Publications
Morning Comments Friday Dec
2nd, 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 Dec 1st 2005
2:00 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 10,820,00 and 10,757.00 .
Dec SP500
Support should
appear near 1253.00 and 1238.00 to 1232.00
Resistance should appear near 1268.00 to 1274.00
Nasdaq Composite
Support should appear near 2226.00 to
2219.00
Resistance should appear near 2267.00 to 2275.00.
Dec Mini Nasdaq 100
Resistance should appear near
1731.00 to 1738.00
Support should appear near 1696.00 to 1689.00 and 1672.00
Dec Mini Russell 2000
Support is at
683.60 to 680.90 and 675.50 to 674.30
Resistance should appear near 690.6 to 691.9 and the 699.00 to 700.30
region
March 10 Year T-Note
Resistance should appear near 109-21
and 109-07 ..
Support should appear near 108-07.amd 107-21
March 30 Year T-Bond
Resistance should appear near
112-07 then 112-21 and 113-07
Support is at 111-21 and 111-07.. below that a test of
110-21 is likely
The Frenzied Forex Front
Dec Yen
Resistance
should appear near
8391 to 8406 .
Support should appear near 8314 to 8300
Dec Euro Currency (EC)
Support should appear 11690 to 11640
and 11500.
Resistance
should appear near 11751 and 11805 .
BW Traders should go short if a close under 11637 occurs
Dec Swiss Franc
Recommended open position Short 7685
Resistance should appear near 7637
and 7675 to
7689
Support should appear near 7601 to 7587 and the 7513 to 7486 region
December British Pound
Recommended open position short 2 at 17219
Support should appear near 17135
and 16960 to
16890
Resistance should appear near 17345 to 17380.
Dec Canadian Dollar
Resistance should appear near
8668 to 8683
Support is at 8560 and 8499 to 8494
Dec Aussie Dollar
Support
should appear near 7342 to
7328
Resistance should appear near 7414 to 7428 .
Precious Metals
Feb Gold
Resistance should appear at 512.7 to 513.9
Support is at 499.5 to 497.3
March Copper
Support
should appear near 20360 to
20420 and 2080 to 20880
Resistance should appear near 19530
to 19460 and 19090 to 19020 .
March Silver
Support should appear near 840.5 to
839.0 and 831.5 to
830.0
Resistance is at 866.5 to 868.5 and 885.5 to 887.0
The Exciting Energies
Jan Crude Oil
Resistance should appear near 5855 to
5880 and 5945 to 5957
Support should appear near 5805
to 5792 and 5729 to 5716
Jan Unleaded Gas
Resistance should appear near 15690
to 15760 and 16090 to 16150
Support should appear near 15350 to 15290 and 14960 to 14840
Jan Heating Oil
Resistance
should appear at 17740 to 17800
Support should appear near 16550 to 16420
The Lively Livestock
Feb Cattle
Support should appear near 9642 to
9622 and 9542 to
9527
Resistance is at
9707 to 9737 and 9822 to 9837
Feb Hogs
Recommended open Position Short 2 at
6560 avg
Support is 6757 to 6742 and 6672 to 6657
Resistance
is at 6812 to 6837 and 6907 to 6922 .
Feb Pork Bellies
Recommended open position short at 8670
Resistance should appear near
8932 to 8962 and 9042 to 9062
Support is
at 8872 to 8857 and 8777 to 8762
The Grande’ Grains
Jan Soybeans
Resistance at 564 to 565 1/4 and
571 3/4 to 572 3/4
Support should appear near 557 3/4 to
556 3/4 and 550 1/2 to 549 1/4
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 2134 and 2170
to 2185 ..
Support should appear near 2089 to 2080 and 2042 to 2034
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 326 1/4 to 327 . .
Support should appear near 315 3/4 to 314 1/2 .
The
Satisfying Softs
March ‘ The Monster ' Coffee
Recommended open position Long 10370
Support should appear near
9545 to 9525 and 9345 to 9315. .
Resistance should appear near 9705 to 9735 and 9920 to 9935
March Cocoa
Support is at
1459 to 1453
Resistance should appear near 1484 to
1496
March Sugar
Support should appear near 1274 to
1268
Resistance should appear near 1304 to 1310
.
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
Thursday Dec 2nd 2005
3:00 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 12-1-2005
Short Dec Swiss Francs 7685
Short 2 Dec British Pounds 17219 avg
Short 2 Feb Hogs 6560 avg
Short Feb Bellies 8670
Long March Coffee 10370