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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
Re
sistance
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 n
ear 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