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 and Foreign Exchange TRADING IS 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, foreign exchange and options. Trading futures and foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please trade with capital you can afford to lose. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  No SOLICITATION IS made here for individuals to buy or sell futures contracts, foreign exchange or options market. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  Readers are solely responsible for how they use the information and for their results. You should be aware of all the risks associated with futures and foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The high degree of leverage that is often obtainable in futures and foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.  Internet Risks: There are risks associated with utilizing an Internet based Service including, but not limited to, the failure of hardware, software and Internet connection. Futurescom employs back-up systems and contingency plans to minimize the possibility of system failure

 

 

 

 

                           
     

FuturesCom
Morning Futures and Investment Comments
Wednesday December 14, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

     

      

      

 

 

 

 

“

"Observation, experience memory and mathematics--These are what a successful trader must depend on. He Must not only observe accurately but remember at all times what he has observed. He cannot bet on the unreasonable or on the unexpected, however strong his personal convictions maybe about man's unreasonableness or however certain he may feel that the unexpected happens very frequently. He must bet always on probabilities--that is try to anticipate them. Years of practice at the game, of constant study, of always remembering, enables the trader to act when the unexpected happens as well as when the expected comes to pass. 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- 1929

 

 

 



Tuesday December 13, 2011

4:00 PM South Florida Beach Time                                   


                          The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11,920.00 and 11,820.00
 Resistance should appear near 12030.00 and 12,175.00
march DEc E-Mini sp500
 Resistance should appear near 1232.00 to 1238.00 and 1253.00
Support should appear near 1217.50 and the 1203.00 to 1192.00 region

NAsdaq Composite
Resistance should appear near 2612.00 to 2620.00
Support should appear near 2568.00 to 2552.00 and 2519.00 to 2511.00  

march E-Mini NasdaQ 100
 Resistance should appear near  2315.00 to 2322.00       
Support should appear near 2267.00 and 2226.00 to 2219.00

march E-Mini RUSSELL 2000
 Resistance should appear near  724.20 to 725.50 and 732.80 to 734.20 

Support should appear near 708.80 to 707.40 and 691.90 to 690.60


MARCH 30 YR BOND
Resistance should appear near 143-21 and 144-07
Support should appear near 142-07 and 141-21

MARCH 10 yr Note
 Resistance should appear near 130-21 and 131-21
Support should appear near 129-21 and 129-07.  

                          The Frenzied Forex Front
 March dOLLAR iNDEX
 Resistance should appear near 8119 to 8134        
Support should appear near 8044 to 8029        

 march JAPANESE Yen
 Resistance should appear near 13040 to 13100.
BW Traders can sell at 13035 and hold for lower prices.     
Support should appear near 12740 to 12680                  

march EURO currency
 Support should appear near 12740 to 12680      
Resistance should appear near 13100 and 13220     
march SWISS FRANC
 Resistance should appear near 10680 and 10805
Support should appear near 10580 and 10360 to 10320    

MARCH BRITISH POUND
Support should appear near the 15350 to 15290 region
Resistance should appear near 15690 to 15760.

MARCH CanadIAN Dollar
 Resistance should appear near 9737 and 9791
Support should appear near 9641 to 9625

MARCH AUSSIE DOLLAR
 Resistance should appear near 10021 to 10037   
Support should appear near 9737 to 9706 
                              The Precious Metals
 FEB gold
 Resistance should appear near 1642 to 1655      
Support is near 1615 to 1609
   
 MARCH COPPER
 Resistance should appear near the 34930 to 35030
Support should appear near 33860 to 33770 .
    
MARCH Silver 
 Resistance should appear near 3148 to 3157 and 3194 to 3213  
Support is at 3045 to 3034 and 2937 to 2928

                                      The Exciting Energies  
FEB CRUDE Oil
Resistance should appear near 10104 to 10136
Support should appear near 9937 to 9921  

 february HeaTING Oil
 Support should appear near the 28830 to 28720 region
Resistance should appear near 30360 to 30450             
february UNLEADED Gas
 Support should appear at the 25680 to 25520
Resistance should appear near the 26630 to 26720.   

february NATURAL Gas
Support should appear at 3213 to 3194          
Resistance should appear near 3425 to 3443                                                                    
                                THE GRANDE’ GRAINS
 MARCH SOYBEANS
Support should appear near 1101 to 1096   
Resistance should appear near 1130 to 1136  

MARCH SOYMEAL
Resistance should appear near 292.8 to 293.7               
Support should appear near the 277.5 to 275.8 region

MARCH BEAN OIL
Resistance should appear near 5056 to 5067        
Support should appear near 4926 to 4915

MARCH CORN
Resistance should appear near 602 ¼ to 603 ½ and 610 ¼ to 611 ¼             
Support should appear 588 to 585 ½ and the 572 ¾ to 571 ¾ region    
 
MARCH WHEAT
Resistance should appear near 610 ¼ to 611 ¼ and 616 ½ to 619       
Support should appear near 595 ¾ to 594 ½ and the 588 to 585 ½ region
   
                                       THE LIVELY LIVESTOCK
 FEB CATTLE
Support should appear near the 11690 to 11640 region   
Resistance should appear near  the 11920 to 12030 region     

FEB HOGS
Support should appear near 8592 to 8557 and the 8502 to 8482 region     
Resistance should appear near 8667 to 8682 and the 8762 to 8777 region

                              
                      The Satisfying Softs
 MARCH COFFEE
Support should appear near 21850 to 21700 and 21340 to 21260
Resistance should appear near  22670 to 22750 and 23150 to 23220  

MARCH COCOA
Resistance should appear near 2267 to 2275 and 2315 to 2322
BW Traders can sell at 2314 and hold for lower prices.  
Support should appear near 2185 to 2170 and 2134 to 2126           

MARCH SUGAR
Support is at 2275 to 2267         
Resistance should appear near 2411 to 2419  

MARCH COTTON
Resistance should appear near 8856 to 8871 and 8934 to 8964
Support should appear 8589 to 8560 and 8499 to 8484       

 

              --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Tuesday December 13, 5:30 PM South Florida Beach Time