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FuturesCom Investment Publications
Morning Comments  Thursday Dec 21st 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                                                      


Tuesday  Dec 20th  2005
4:30 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 near10.750.00  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 1672.00 and 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 8667 to 8683 and 8762 to 8777
Support
should appear near 8589 to 8560 , below that a trade towards 8499 to 8484 is likely  

March  Euro Currency (EC)
Support
should appear at 11862 then 11805 and the 11690 to 11640 region
Resistance
should appear near 11975 to 12030
 
March Swiss Franc
Resistance
should appear near 7726 and 7763 to 7777   
Support should appear near 7675 and the 7601 to 7587 region 

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

March  Canadian Dollar
Resistance
should appear near 8560 to 8589 and 8668 to 8683
Support is at 8499 to 8484 and 8406 to 8391


March Aussie Dollar
Support
should appear near 7255 to 7242 and the 710 to 7143 region
Resistance should appear near 7328 to 7342 and 7414 to 7428    

  
                                            Precious Metals

Feb Gold
Resistance
should appear at  497.3 to 499 and 505.6 to 506.7 
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 831.5 to 830.00. and 804.5 to 803.0
Resistance is at  848.5 to 849.5 and 856.0 to 858.5 

 

                                                           The Exciting Energies

Feb Crude Oil
Resistance
should appear near 5855 to 5880 and 5945 to 5957
Support
should appear near 5729 to 5716 and 5653 to 5640

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 17780 and 18080 to 18220 
Support should appear near 16960 to 16890.and 16550 to 16420


The Lively Livestock
 

Feb  Cattle
Support
should appear near 9642 to 9622 and 9542 to 9527  
Resistance
is at 9822 to 9837 and 9927 to 9942

Feb Hogs
Support
is at  6512 to 6482 and 6432 to 6417  
Resistance is at  6577 to 6592  and 6657 to 6672

April Hogs
Nearby Support
is at 6757 to 6742 and  6672 to 6657 
Resistance is at 6807 to 6837.and 6907 to 6922

Feb Pork Bellies
Resistance should appear near 8482 to 8502 and 8562 to 8592 
Support  is at 8406 to 8392 and 8317 to 8302 

..

                                                        The Grande’ Grains

March Soybeans
Resistance
at 625 3/4 to 627 and the 641 3/4 to 643 region
Support
should appear near 611 1/4 to 610 1/4 and 603 1/2 to 602 3/4 

March Soymeal
Resistance 
should appear near 199.6 and 203.4 to 204.2
Support
should appear near 195.3 to 194.6 and 190.9 to 190.2

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 331 3/4 to 332 3/4 and 337 3/4 to 338 3/4
Support should appear near 321 1/4 to 319 1/2 and 315 3/4 to 314 3/4                            

   

                                                   The Satisfying Softs  

March  ‘ The Monster ' Coffee
Support  
should appear near 10135 to 10105 and 9835 to 9820  
Resistance should appear near 10320 to 10360 and 10580 to 10680


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
Tuesday Dec 20th  2005
5:50 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 12-20-2005
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