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
Tuesday November 15, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

         "Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable- ranks high. There are certain chances that the most prudent man is justified in taking - chances that he must take if he wishes to be more than a mercantile mollusk--"

-Reminiscences of a Stock operator-


Monday November 14, 2011

1:00 PM South Florida Beach Time 

                        The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,030.00 to 11,920.00
 Resistance should appear near the 12,155.00 and the 12,320.00 to 12,380.00 region  
DEc E-Mini sp500
 Resistance should appear near  1268.00 to 1274.00
Support should appear near 1238.00 to 1232.00  
NAsdaq Composite
Resistance should appear near  2663.00 to 2672.00  
Support should appear near 2620.00 to 2612.00  
DEc E-Mini NasdaQ 100
 Resistance should appear near 2354.00to 2370.00.      
Support should appear near 2275.00 to 2267.00
BW Traders can buy at 2275.00 and risk a close under 2217.00 for three days in a row.  

Dec E-Mini RUSSELL 2000
 Resistance should appear near 733.40 to 734.20 and 741.40 to 742.80.
Support should appear near 717.00 to 714.30 and 708.80 to 707.40


DEC 30 YR BOND
Resistance should appear near 142-07 and 142-21
Support should appear near 141-07 and 140-21

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

                           The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7836 to 7864       
Support should appear near 7689 to 7675.
 
dec 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                  


 

 

dec EURO currency
 Support should appear near 13460 to 13340   
Resistance should appear near 13770 to 13830    

 dec SWISS FRANC
 Resistance should appear near 11155 and 11300 to 11360       
Support should appear near 10960 and10830       

DEC BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 15927 and 16090 to 16150.

DEC CanadIAN Dollar
 Resistance should appear near 9921 to 9937
Support should appear near the 9737 to 9706

DEC AUSSIE DOLLAR
 Resistance should appear near 10237 and 10320 to 10360
Support should appear near 10104 to 10136
                             The Precious Metals
 december gold
 Resistance should appear near  1780 and 1808.     
Support is near  1774 and 1738 to 1731  

DEC COPPER
 Resistance should appear near 34930 to 35030 and 35530 to 35630
Support should appear near 43320 to 34250 and 33860 to 33770
 
 DEC Silver 
 Resistance should appear near 3425 to 3443 and 3493 to 3503
Support is at 3328 to 3319 and 3270 to 3261
                                    

                                 The Exciting Energies  
December CRUDE Oil
Resistance should appear near 9921 to 9937 and 10021 to 10037
Support should appear near 9737 to 9706 and 9542 to 9526   

DECEMBER HeaTING Oil
 Support should appear near 30450 to 30360  
Resistance should appear near the 31940 to 32130  region          

DECEMBER UNLEADED Gas
 Support should appear at 25190 to 25110 and 24690 to 24610       
Resistance should appear near 25520 to 25680 and 26120 to 26200    

DECEMBER  NATURAL Gas
Support should appear at 3386 to 3377      
Resistance should appear near 3553 to 3563                                                                     

                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1136 to 1130
Resistance should appear near 1192 to 1203

DECEMBER SOYMEAL
Resistance should appear near 303.6 to 304.5              
Support should appear near 293.7 to 292.8   

DECEMBER BEAN OIL
Resistance should appear near 5127 to 5139      
Support should appear near the 4995 to 4973 region


 

DEC CORN
Resistance should appear near 641 ¾ to 643 and 648 ¾ to 650 ¾          
Support should appear 633 ¾ and 627 to 625 ¾   
 
DECEMBER WHEAT
Resistance should appear near the 633 ¾ to 635.     
Support should appear 603 ½ to 602 ¾
   
                                       THE LIVELY LIVESTOCK
 DEC CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12320 to 12380

DEC HOGS
Resistance should appear near 8682 and 8762 to 8777  
Support should appear near 8592 to 8562 and 8502 to 8482  

FEB HOGS
Support should appear near  8777 to 8762  
Resistance should appear near 8932 to 8967        
                                 The Satisfying Softs
 MARCH COFFEE
Support should appear near 23220 to 23150
Resistance should appear near 24110 to 24190 region... 
BW Traders should go short if a close under 231.00 occurs. Stay tuned for flashes
 
MARCH COCOA
Resistance should appear near 2612 to 2620          
Support should appear near 2469 to 2461     

MARCH SUGAR
Resistance is at 2511 to 2519      
Support should appear near 2419 to 2411  

MARCH COTTON
Resistance should appear near 9706 to 9737 and 9921 to 9937
Support should appear 9542 to 9526 and 9445 to 9429 
 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Monday November 14, 2:30 PM South Florida Beach Time