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
Friday December 16, 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

 

 

 

 

Thursday December 15, 2011

11:45 PM South Florida Beach Time                                   


                          The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11.690.00 to 11,640.00
 Resistance should appear near 11,920.00 to 12,030.00
march DEc E-Mini sp500
 Resistance should appear near  1232.00 to 1238.00
Support should appear near 1203.00 to 1192.00

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

march E-Mini NasdaQ 100
 Resistance should appear near 2267.00 to 2275.00       
Support should appear near 2185.00 to 2175.00

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

Support should appear near 691.90 to 690.60


MARCH 30 YR BOND
Resistance should appear near 144-21 and 145-07
Support should appear near 143-07 and 142-21

MARCH 10 yr Note
 Resistance should appear near 131-21 and 132-07
Support should appear near 130-07 and 129-21.  

                          The Frenzied Forex Front
 March dOLLAR iNDEX
 Resistance should appear near 8194 to 8223        
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 13040 to 13100    
march SWISS FRANC
 Resistance should appear near 10680  and 10815
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 9706 to 9737
Support should appear near 9542 to 9526

MARCH AUSSIE DOLLAR
 Resistance should appear near 9921 to 9937   
Support should appear near 9737 to 9706 
                              The Precious Metals
 FEB gold
 Resistance should appear near 1609 to 1615      
Support is near 1535 to 1529
   
 MARCH COPPER
 Resistance should appear near  33770 to 33860
Support should appear near 32130 to 31940  
    
MARCH Silver 
 Resistance should appear near 2972 to 2990  
Support is at 2620 to 2612
                                      The Exciting Energies  
FEB CRUDE Oil
Resistance should appear near 9706 to 9737
Support should appear near 9347 to 9316  

 february HeaTING Oil
 Support should appear near the 27750 to 27580 region
Resistance should appear near 29280 to 29370             
february UNLEADED Gas
 Support should appear at the 24190 to 24110 region
Resistance should appear near the 25520 to 25680   

february NATURAL Gas
Support should appear at 3045 to 3036          
Resistance should appear near 3261 to 3270                                                                    
                                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 4973 to 4995        
Support should appear near 4785 to 4775

MARCH CORN
Resistance should appear near 585 ½ to 588            
Support should appear near the 572 ¾ to 571 ¾ region    
 
MARCH WHEAT
Resistance should appear near 585 ½ to 588       
Support should appear near 557 ¾ to 555 ¼
   
                                       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 21340 to 21260 and 20420 to 20340
Resistance should appear near  22190 to 22260 and 22670 to 22750  

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 2134 to 2126 and 2089 to 2080          

MARCH SUGAR
Support is at 2226 to 2219         
Resistance should appear near 2315 to 2322   

MARCH COTTON
Resistance should appear near 8856 to 8871
Support should appear 8314 to 8300       

 

              --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Friday December 16, 1:00 AM South Florida Beach Time