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FuturesCom Investment Publications
Morning Comments Monday Dec 12th 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                                                      

'Observation. Experience, memory and mathematics --These are what a successful trader must depend on. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also Possesses the experience and memory.'
-Reminiscences of a Stock operator-

Sunday Dec 11th  2005
4:30 AM  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 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
Recommended open position long at 1696.00
Resistance should appear near 1731.00 to 1738.00  
Support should appear near 1696.00 to 1689.00

March  Mini Russell 2000
Support is at 691.50 to 690.90 and 687.10. .Below that buyers should appear near 683.60 to 690.90 and the 675.50 to 674.30 region   .
BW Traders can buy at 675.50 and hold for higher prices.
Resistance should appear near 699.00 to 700.30, a close over is friendly and augurs for a test of the 707.40 to 708.80 region

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.. Above that 113-07  should cap a rally..
Support  is at 111-21 and 111-07 .. Below that a trade towards 110-21 is likely

                                           The Frenzied Forex Front

March  Yen
Resistance should appear near 8391 to 8406 and 8484 to 8499
Support should appear near  8314 to 8300 and 8223 to 8194

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
 

March Swiss Franc
Recommended open position Short 7675
Resistance should appear near  7763 to 7777   
Support should appear near the 7689 to 7676 

March British Pound
Recommended open Position Short 2 at 17458 avg
Resistance should appear near  17560 and 17740 to 17800   
Support should appear near the 17380 to 17310  

March  Canadian Dollar
Resistance should appear near 8668 to 8683
Support is at 8589 to 8560

March Aussie Dollar
Support should appear near 7428 to 7414
Resistance should appear near 7486 to 7513  

  
                                            Precious Metals

Feb Gold
Resistance should appear at  535.9 to 528.2 and 549.2 to 550.4
Support is at 521.1 to 520.0 and 506.7 to 505.6  


March Copper
Support should appear near 19090 to 19020  and 18650 to 18580
Resistance should appear near 20340 to 20420 and 2170 to 2150
 

March Silver 
Support should appear near  9060 to 9045 and 877.5 to 876.5
Resistance is at 914.50 to 915.50 and 931.5 to 934.5

Trade Accordingly

                                                           The Exciting Energies

Jan Crude Oil
Resistance should appear near 6023 to 6035 and 6165 to 6190
Support should appear near 5880 to 5855 and 5729 to 5716

Jan Unleaded Gas 
Resistance should appear near  16090 to 16150 then 16420 to 16550 and the 16890 to 16960 region
Support should appear near 15760 to 15690 then 15350 to 15290 and the 14960 to 14840 region 

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

The Lively Livestock  

Feb  Cattle
Support should appear near 9447 to 9432 and the 9447 to 9317 region
Resistance is at  9527 to 9542 and the 9627 to 9642 region.

Feb Hogs
Nearby Support is at 6512 to 6482 and the 6432 to 6417 region
Resistance is at  6647 to 6672 and the 6742 to 6757 region..

April Hogs
Recommended open Position Short at 6900
Nearby Support is at 6837 to 6812 and 6757 to 6742
Resistance is at 6907 top 6922 and the 6987 to 7002  region..

Feb Pork Bellies
Resistance should appear near 8667 to 8682 and 8762 to 8777
Support  is at 8592 to 8562 and 8502 to 8482


Trade Accordingly
..

                                                        The Grande’ Grains

Jan Soybeans
Resistance at  571 3/4 to 572 3/4 and 579 1/4 to 580 1/2
Support should appear near 565 1/4 to 564 and 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
Resistance  should appear near  182.2 and the 185.8 to 186.5 region
BW Traders can sell at 185.4 and risk a close over 191.3 for three days in a row.
Support should appear near 178.0 to 177.4  and the 173.8 to 173.1 A close under augurs for a test of 169.60 to 168.90.
BW Traders should go short if a close under 172.9 occurs.

Jan  Soybean Oil
Resistance should appear near 2126 to 2134 and 2170 to 2185.
Support should appear near 2080 and 2042 to 2034

March Corn
Resistance should appear near 208 to 208 3/4 and the 212 3/4 to 213 1/2 region
BW Traders can sell at 212 3/4 and risk a close over 223  1/4 for three days in a row.
Support is at 203 1/2 then 199 3/4 to 198 1/4 and the 195 1/4 to 194 3/4 region.

March Wheat
Resistance should appear near 309 1/4 to 310 1/4 and 314 3/4 to 315 3/4 
Support should appear near 304 1/2 to 303 3/4 and the 299 to 297 1/4 region                           

                                                   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   
Resistance should appear near 1484 to 1496

March  Sugar
Support should appear near 1346 to 1334 and 1310 to 1304
Resistance should appear near 1377 to 1383 and 1415 to 1421

March Cotton
Support should appear near  5215 to 5200 and 5140 to 5125 .
Resistance should appear near 5345 to 5355 and  5415 to 5430

-- 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
Sunday Dec 11th 2005
5:30 AM  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 12-11-2005
Long March Mini Nasdaq 1696
Short March EC 11805
Short March Swiss Francs 7675
Short 2  March British Pounds 17458 avg
Short April Hogs 6900