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FuturesCom Investment Publications
Morning Comments  Thursday  Dec 15th 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 15th  2005
6:00 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 the 10, 820 and the 10680.00 to 10580.00 region.  .

March SP500
Support should
appear near 1274.00 to 1268.00     
Resistance should appear near 1289.00. A close over augurs for a 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. 

March Mini Nasdaq 100
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
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

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

March 30 Year  T-Bond
Resistance
remains  near 113-07  beyond that 113-21 should cap a rally..
Support  is
at  112-21 and 112-07
 

                                           The Frenzied Forex Front

March  Yen
Resistance
should appear near 8668 to 8683
Support
should appear near  8499 to 8848 

March  Euro Currency (EC)
Support
should appear at 12030 and 11975, a close under augurs for a test  of 11920 
Resistance
should appear near 12102 and 12175
 
March Swiss Franc
Resistance
should appear near  7939 to 7954    
Support should appear near the 7777 to 7763 

March British Pound
Resistance should appear near  17740 to 17800   
Support should appear near  17560 and the 17380 to 17310 region  

March  Canadian Dollar
Resistance
should appear near 8756 to 8771
Support is at 8589 to 8560


March Aussie Dollar
Support
should appear near 7428 to 7414
Resistance should appear near 7586 to 7601   

  
                                            Precious Metals

Feb Gold
Resistance
should appear at 512.7 to 513.9 and 520 to 521.1
Support
is at 506.7 to 505.6  and 492.6 to 491.5

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 840.5 to 839.0 and the 831.5 to 830.00
Resistance is at  866.5 to 868. and 876.5 to 877.5

 

                                                           The Exciting Energies

Jan Crude Oil
Resistance
should appear near 6165 to 6190 and 6257 to 6270
Support should appear near 5957 to 5945 and 5880 to 5855

Jan Unleaded Gas 
Resistance
should appear near 16890 to 16960 and 17310 to 17380
Support should appear near 16150 to 16090 and 15350 to 15290  

Jan Heating Oil
Re
sistance
should appear at 18580 to 18650 and19020 to 19090
Support should appear near 18220 to 18080 and 17380 to 17310


The Lively Livestock
 

Feb  Cattle
Support
should appear near 9542 to 9527 and 9447 to 9432 
Resistance
is at  9707 to 9737 and 9822 to 9837

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

April Hogs
Nearby Support
is at 6837 to 6812 and 6757 to 6742
Resistance is at 6987 to 7002 and 707 1/2 to 7087.

Feb Pork Bellies
Resistance should appear near 8392 to 8407 and 8562 to 8592
Support  is at 8317 to 8302 and 8137 to 8117

..

                                                        The Grande’ Grains

Jan Soybeans
Resistance
at 602 1/4 to 603 1/2 and 610 1/4 to 611 1/4
Support
should appear near 588 to 585 1/2 and 580 1/2 to 579 1/4 

Jan Soymeal
Resistance 
should appear near 194.6 to 195.3 and 203.4 to 204.2
Support
should appear near  190.9 to 190.2 and 186.5 to 185.8

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 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 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 3/4 and risk a close over 339 3/4 for three days in a row

Support
should appear near 315 3/4 to 314 3/4 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 9935


March Cocoa
Support
is at 1421 to 1415   
Resistance
should appear near 1484 to 1496

March  Sugar
Support
should appear near 1310 to 1304 
Resistance
should appear near 1377 to 1383 

March Cotton
Support
should appear near  5285 to 5255 and 5215 to 5200  .
Resistance should appear near  5415 to 5430 and 5490 to 5505

-- 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 13th 2005
6:30 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.
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BW Recommended Open Positions 12-14-2005
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