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FuturesCom Investment Publications
Morning Comments  Tuesday Dec 20th 2005
 Serving Professional and Individual Traders World Wide since 1988
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Monday Dec 19th  2005
4:30 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.  .

March SP500
Support should
appear near 1268.00 and 1253.00
Resistance should appear near 1274.00 and the 1304.00 to 1310.00 region

Nasdaq Composite
Support
should appear near 2219.00 and 2185 to 2170
Resistance
should appear near  2267 to 2275.00. 

March Mini Nasdaq 100
Resistance
should appear near 1689.00 to 1696.00   
Support should appear near 1655.00 to 1642.00

March  Mini Russell 2000
Support
is at 675.50 to 674.30 and 667.40 to 665.90 
Resistance
should appear near 680.90 to 683.60 and 690.60 to 691.90

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 and 113-21 ..
Support  is
at  112-21 and 112-07
 

                                           The Frenzied Forex Front

March  Yen
Resistance
should appear near 8762 to 8777 and 8856 to 8871
Support
should appear near 8683 to 8667 and 8589 to 8560  

March  Euro Currency (EC)
Support
should appear at 12030 to 11975 and 11920
Resistance
should appear near 12102 and 12175
 
March Swiss Franc
Resistance
should appear near 7836 to 7864 and 7936 to 7954   
Support should appear near the 7777 to 7763 and 7689 to 7675 

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

March  Canadian Dollar
Resistance
should appear near 8668 to 8683
Support is at  8560 and 8499 to 8484


March Aussie Dollar
Support
should appear near 7342 to 7328
Resistance should appear near 7414 to 7428    

  
                                            Precious Metals

Feb Gold
Resistance
should appear at  512.7 to 513.9 and 520 to 521.1
Support
is at  492.6 to 491.5 and 485.6 to 484.5

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

Feb Crude Oil
Resistance
should appear near 5945 to 5957 and 6023 to 6035
Support
should appear near 5805 to 5792 and 5729 to 5716

Feb Unleaded Gas 
Resistance
should appear near 16090 to 16150 and 16420 to 16550
Support
should appear near 15350 to 15290 and 14960 to 14840

Feb Heating Oil
Re
sistance
should appear at 17740 to 17780and 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 9822 to 9837

Feb Hogs
Support
is at  6352 to 6337 and 6272 to 6257
Resistance is at  6482 to 6512 and 6577 to 6592 .

April Hogs
Nearby Support
is at 6672 to 6657 and 6592 to 6577
Resistance is at 6742 to 6757 and 6807 to 6837.

Feb Pork Bellies
Resistance should appear near 8482 to 8502 and 8562 to 8592 
Support  is at 8317 to 8302 and 8137 to 8117 

..

                                                        The Grande’ Grains

March Soybeans
Resistance
at 625 3/4 to 627 and the 641 3/4 to 643 region
Support
should appear near 619 to 616 1/2  and 603 1/2 to 602 3/4 

March Soymeal
Resistance 
should appear near 203.4 to 204.2 and 208.0 to 208.9
Support
should appear near 190.0 to 190.2 and 186.5 to 185.8

March  Soybean Oil
Resistance
should appear near 2219 to 2226 and 2267 to 2275
Support should appear near 2134 to 2126 and 2089 to 2080

March Corn

Resistance should appear near 212 3/4 to 213 1/2 and 217 to 218 1/2 
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 the 331 3/4 to 332 3/4 region
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 9835 to 9820  
Resistance should appear near 10320 to 10360


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

March  Sugar
Support
should appear near 1383 to 1377  
Resistance
should appear near 1453 to 1459 

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
Monday Dec 19th 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.
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BW Recommended Open Positions 12-19-2005
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