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FuturesCom Investment Publications
Morning Comments Thursday Dec 8th 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                                                      

Wed Dec 7th  2005
4:00 PM  South Florida Beach Time

 
                                                          The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance remains near 10,820.00 and the 10,960.00 to 11,010.00 region.
Support should appear near 10,757 and the 10680.00 to 10580.00 region.  .

March SP500
Support should appear near 1260.50 and 1253.00  BW Traders can buy at 1253.10 for a good bounce and hold for higher prices.   
Resistance should appear near 1268.00 to 1274.00 and 1289.00

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 1731.00 to 1738.00  
Support should appear near 1713.50 and 1696.00 to 1689.00
BW Traders can buy at 1696.00 and hold for high prices..

March  Mini Russell 2000
Support is at 687.10 and the 683.60 to 680.90 region. .Below that 675.50 to 674.30 should contain a decline .
BW Traders can buy at 675.50 and hold for higher prices.
Resistance should appear near 690.90 to 691.60 and 699.00 to 700.30
Trade Accordingly

March 10 Year T-Note  
Resistance should appear near 108-21 and 109-07
Support  should appear near 108-07 and 107-21 

March 30 Year  T-Bond
Resistance should appear near 112-07 and 112-21
Support  is at  111-21 and 111-07
 

                                           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 11690 to 11640 and 11500
Resistance should appear near 11747 and 11805    

March  Euro Currency (EC)
Recommended open position short at 11805
Support should appear at 11747 and the 11690 to 11640 region. 
Resistance should appear near the 11805 and 11862   
BW Traders should go short if a close under 11742  occurs.

Dec Swiss Franc
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 7689 and 7726 and 7763 to 7777   
Support should appear near the 7637 and 7601 to 7587 
BW Traders should go short if a close under 7634 occurs.

December British Pound
Recommended open Position Short at 17310
Support should appear near 17226 and 17136
Resistance should appear near 17380 and 17470  ..

March British Pound
Recommended open Position Short 17410

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 7486 to 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  19530 to 19460  and 19090 to 19020  
Resistance should appear near 20340 to 20420 and 2170 to 2150

March Silver 
Support should appear near 868.5 to 867.0 and 849.5 to 848.5
Resistance is at  893.5 to 896.5 and 904.5 to 906.0

Trade Accordingly

The Exciting Energies

Jan Crude Oil
Resistance should appear near 5945 to 5957 and 6023 to 6035 
Support should appear near 5880 to 5855 and the 5805 to 5792 region 

Jan Unleaded Gas 
Resistance should appear near 15690 to 15760 and 16090 to 16150 ..
Support should appear near 15350 to 15290 and  the14960 to 14840 region  
Trade Accordingly

Jan Heating Oil
Resistance should appear at 17740 to 17800 and 18080 to 18220
Support should appear near 16960 to 16890 .and 16550 to 16420

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 at 6465
Nearby Support is at 6592 to 6577 and 6512 to 6482 
Resistance is at 6657 to 6672  and the 6742 to 6757 region..

Feb Pork Bellies
Recommended open position short 2 at 8647 avg
Resistance should appear near 8667 to 8682 and 8762 to 8777
Support  is at 8592 to 8562 and 8502 to 8482
..

                                                        The Grande’ Grains

Jan Soybeans
Resistance at 564 to 564 1/4 and 571 3/4 to 572 3/4
Support should appear near 557 3/4 to 555 1/4 , a close under augurs for a test of 543 to 541 3/4 and eventually
 the 545 3/4 to 534 1/2 region    BW Traders should go short if a close under 554 3/4 occurs. 

Jan Soymeal
Support should appear near 169.6 to 168.9
Resistance should appear near 177.4 to 178.0
Aggressive BW traders can go short if a close under 172.9 occurs.

Jan  Soybean Oil
Recommended open position short at 2119
Resistance should appear near 2126 to 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 1/2  .
Support is at 199 3/4 to 198 1/4

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
Support  should appear near 9345 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 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
Wed  Dec 7th 2005
5:15 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.
FuturesCom Investment Publications © copyright 1996 – 2005 all rights reserved Terms

BW Recommended Open Positions 12-07-2005
Short March EC 11805
Short March Swiss Francs 7675
Short Dec British Pounds 17310
Short March British Pounds 17410
Short Feb Hogs 6465
Short 2  Feb Bellies 8647 avg
Short Jan Soybean Oil 2119