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 Tuesday Dec
6th 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
Monday Dec 5th 2005
4:00 PM South Florida Beach Time
The
Sensational Stock and Bond Markets
Dow Jones Industrial
Average
Resistance
remains near the 10,960.00 to 11,010.00
region.
Support
should appear near 10,820 and the 10680.00 to 10580.00 region. .
Dec SP500
Support should appear near 1260.50
then 1256.80 and 1253.00
Resistance should appear near 1268.00 to 1274.00
March SP500
Support should appear near 1268.00 and
1253.00.
BW Traders can buy at 1253.10 for a good bounce and hold for higher prices.
Resistance
should appear near 1274.00 and 1289.00 .
A close over is friendly and augurs for an eventual test of the 1304.00 to
1310.00 region
Nasdaq Composite
Support should appear near 2226.00 to
2219.00
Resistance should appear near 2267 to 2275.00.
Trade Accordingly
March Mini Nasdaq 100
Resistance should appear near 1754.00
and 1774.00 to 1780.00
Support
should appear near 1696.00 to 1689.00 and 1655.00
to 1642.00
BW Traders can buy at 1696.00 and hold for high prices..
Dec Mini Russell 2000
Support is at 683.60 to 680.90
Resistance should appear near 690.60 to 691.90
March Mini Russell 2000
Support is at 690.60 and the
683.60 to 680.90 .. Under that buyers should appear near the 675.50 to
674.30 region .
BW can buy at 675.50 and hold for higher prices.
Resistance should appear near 699.00 to 700.30, a close over augurs for a
test of 714.30 to 717.00 .
Trade Accordingly
March 10 Year T-Note
Resistance should appear near 108-07
and 108-21
Support should appear near 107-21 and 107-07
March 30 Year T-Bond
Resistance should appear near 111-21
and 112-07
Support is at 111-07 and
110-21
The Frenzied Forex Front
March Yen
Resistance should appear near 8391 to
8496 and the 8484 to 8499 region
Support should appear near 8314 to 8300 and the 8223 to 8194 region
Trade Accordingly and Stay tuned for Updated and Flashes
Dec Euro Currency (EC)
Support should appear near 11747 and 11690 to 11640,
Resistance should appear near 11805. Beyond that sellers should appear
near 11862
March Euro Currency (EC)
Recommended open position short at 11805
Support should appear at
11805 and the 11690 to 11640 region.
Resistance should appear near the
11920 to 12030 region
BW Traders should go short if a close under 11742 occurs.
Dec Swiss Franc
Recommended open position Short 7685
Resistance should appear near 7675 to 7689 .
Support should appear near 7601 to 7587 .
March Swiss Franc
Recommended open position Short 7675
Resistance should appear near 7763 to 7777
Support
should appear near the 7689 to 7675
BW Traders should go short if a close under 7634 occurs.
December British Pound
Recommended open Position Short 2 at
17219 avg
Support should appear near 17380
to 17310
Resistance should appear near 17470 and 17560 ..
March Canadian Dollar
Resistance should appear near 8668 to
8683 and the 8762 to 8777 region
Support is at 8589 to 8560 and 8499 to 8484.
March Aussie Dollar
Support should appear near 7428 to
7414 and 7342 to 7328
Resistance should appear near 7513 and the 7587 to 7601 region
Precious
Metals
Feb Gold
Resistance should appear at 520 to
521.1 and 535.9 to 528.2
Support is at 506.7 to 505.6 and 499.5
to 497.3
March Copper
Support should appear near 19090 to
19020 and 18650 to 18580 region
Resistance should appear near 20340 to
20420 and 2170 to 2150
March Silver
Support should appear near 840.5 to
839.0 and 804.5 to 802.5
Resistance is at 876.5 to 877.5 and 904.5 to 906.0
Trade Accordingly
The Exciting Energies
Jan Crude Oil
Resistance should appear near 6023 to
6035 and 6101 to 6113
Support
should appear near 5957 to 5945 and 5880 to 5855
Jan Unleaded Gas
Resistance should appear near 16090 to 16150 and the 16420 to 16550 region..
Support should appear near 15760 to 15690 and the14960 to 14840
region
Trade Accordingly
Jan Heating Oil
Resistance should appear at
18080 to 18220 and the 19020 to 19090 region
Support should appear near 17380 to 178310 region. Below that buyers
should appear near 16960 to 16890 .
The Lively Livestock
Feb Cattle
Support should appear near 9542 to
9527 and 9447 to 9432
Resistance is at 9707 to 9737 and the
9922 to 9937 region.
Feb Hogs
Recommended open Position Short 2 at
6560 avg
Support is 6592 to 6577, a close under
augurs for a test of 6512 to 6482 and the 6432 to 6412b region
Resistance is at 6657 to 6672 and the 6742 to 6757 region..
Feb Pork Bellies
Recommended open position short at
8670
Resistance should appear near 8932
to 8967 and the 9042 to 9062 region. Beyond that sellers should appear near 9142
to 9157 and cap a rally BW Traders can sell at 9137 and hold for lower
prices...
Support is
at 8772 to 8757, a close under augurs for a test of 8592 to 8562..
Aggressive BW Traders should go short if a close under 8662 occurs..
The Grande’ Grains
Jan Soybeans
Resistance at 579 1/4 to 580 1/2..
Beyond that sellers should appear near 585 1/2 to 588. and 594 1/2
to 595 3/4 .
BW Traders can sell at 594 ¼ and Hold for lower prices.. Plan on risking a close
over 612 1/4 for three days in a row.
Support should appear near 565 1/4 to
564 and 557 3/4 to 555 1/4
BW Traders should go short if a close under 554 3/4 occurs.
Jan Soymeal
Support should appear near 17380 to
17310 and the 169.5 to 168.9 region.
Resistance should appear near
177.4 to 178.0 and 180.8 to 182.2. Beyond that 185.8 to 186.5 should cap a
rally. ..
BW Traders can sell at 185.4 and risk a close over 19130 for three days in a row
.
Aggressive BW traders can go short if a close under 172.9 occurs.
Jan Soybean Oil
Resistance should appear near 2267 to
2275 and the 2315 to 2322 region.. BW Traders can sell at 2267 and hold for
lower prices.
Support should appear near 2185 to 2170 and 2134 to 2126
BW Traders should go short if a close under 2124 occurs. .
March Corn
Resistance should appear near 208 to 208 3/4 and 212 3/4 to 213 1/2.
BW Traders can sell at 212 3/4 for a turn lower, risk a close over 223 1/4 for
three days in a row..
Support
is at 204 1/4 to 203 1/2 and 199 3/4 to 198 1/4
March Wheat
Resistance should appear near
326 1/4 to 327 and 331 3/4 to 332 3/4
BW Traders can sell at 331 1/4 and risk a close over 339 3/4 for three
days in a row .. .
Support should appear near 319 1/2
and 315 3/4 to 314 3/4
BW Traders should go short if a close under 318 3/4 occurs.
The
Satisfying Softs
March ‘ The Monster ' Coffee
Support should appear
near 9334 to 9315 and 9155 to 9140
Resistance should appear near 9705 to 9735 and 9920 to 9937
March Cocoa
Support is at 1421 to 1415 and
1383 to 1377
Resistance should appear near 1453 to
1459 and 1484 to 1496
March Sugar
Support should appear near 1310 to
1304 and 1274 to 1268
Resistance should appear near 1334 to
1346 and 1377 to 1383
March Cotton
Support should appear near 5215
to 5200 and 5065 to 5055.
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
Monday Dec 5th 2005
5:10 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 12-05-2005
Short March EC 11805
Short Dec Swiss Francs 7685
Short March Swiss Francs 7675
Short 2 Dec British Pounds 17219 avg
Short 2 Feb Hogs 6560 avg
Short Feb Bellies 8670