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 November 25, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

     

      

      

 

                                  Have a Happy and Safe Thanksgving !
  
Wednesday November 23, 2011

1:30 PM South Florida Beach Time                                   

                          The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11,010.00 to 10,960.00
 Resistance should appear near 11,530.00 and 11,640.00 to 11,690.00

DEc E-Mini sp500
 Resistance should appear near  1164.00 to 1169.00 and 1180.50
Support should appear near 1136.00 to 1130.00.
NAsdaq Composite
Resistance should appear near 2469.00 and 2511.00 to 2519.00
Support should appear near 2419.00 to 2411.00

DEc E-Mini NasdaQ 100
 Resistance should appear near 2219.00 to 2226.00.       
Support should appear near the 2134.00 to 2126.00

Dec E-Mini RUSSELL 2000
 Resistance should appear near 680.90 to 683.60 and 690.60 to 691.90.
Support should appear near 659.10 to 657.70 and 635.00 to 633.70


MARCH 30 YR BOND
Resistance should appear near 145-21 and 146-21
Support should appear near 144-07 and 143-21.

MARCH 10 yr Note
 Resistance should appear near 131-07. Beyond that sellers should appear near  131-21 and 132-07
Support should appear near 129-21 and 128-21. Below that a test of 127-07 is likely.  
                             The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7939 to 7954 and 8029 to 8044        
Support should appear near 7864 to7836       

 dec JAPANESE Yen
 Resistance should appear near 13040 to 13100.    
Support should appear near 12740 to 12680                  

dec EURO currency
 Support should appear near 13100 to 13040    
Resistance should appear near 13340 to 13460 and 13615   

dec SWISS FRANC
 Resistance should appear near 10960 to 11010     
Support should appear near 10680 to 10580     

DEC BRITISH POUND
Support should appear near the 15350 to 15290 region
Resistance should appear near 15690 to 15760   
DEC CanadIAN Dollar
 Resistance should appear near 9625 to 9641
Support should appear near 9347 to 9316.  

DEC AUSSIE DOLLAR
 Resistance should appear near 9706 to 9737
Support should appear near 9445 to 9429

                              The Precious Metals
 FEBURARY gold
 Resistance should appear near 1731 to 1738      
Support is near 1655 to 1642

MARCH COPPER
 Resistance should appear near 33190 to 33280 
Support should appear near 31570 to 31480  
    
MARCH Silver 
 Resistance should appear near 3319 to 3328
Support is at 3045 to 3034 

 

 

 

 

 

 

 

 

                                      The Exciting Energies  
January CRUDE Oil
Resistance should appear near 9706 to 9737.   
Support should appear near 9347 to 9316  

January HeaTING Oil
 Support should appear near 29370 to 29280 and the 28830 to 28740 region BW Traders can buy at 28850 for a bounce and hold for higher prices
Resistance should appear near 30450 and 30920 to 31020            
January UNLEADED Gas
 Support should appear at 24690 to 24610 and the 24190 to 24110 region     
Resistance should appear near the 26120 to 26200 region.   

January  NATURAL Gas
Support should appear at 3386 to 3377 and the 3213 to 3194 region         
Resistance should appear near 3613 to 3623 and 3734 to 3743 . Which should cap a rally                                                                   
                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1101 to 1096   
Resistance should appear near 1153 and 1164 to 1169  

JANUARY SOYMEAL
Resistance should appear near 287.4 to 287.3                
Support should appear near the 282.9 to 282.0 region

JANUARY BEAN OIL
Resistance should appear near 5056 to 5067      
Support should appear near the 4926 to 4915 region

MARCH CORN
Resistance should appear near 602 ¾ to 603 ½ and 616 ½ to 619          
Support should appear 588 to 585 ½ and 572 ¾ to 571 ¾     
 
MARCH WHEAT
Resistance should appear near 602 ¼ to 603 ½ and 633 ¾ to 635.     
Support should appear near 588 to 585 ½ and 572 ¾ to 571 ¾   
 
                                        THE LIVELY LIVESTOCK
 FEB CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12157 and 12380 and 12530

FEB HOGS
Support should appear near 9042 to 9062 
Resistance should appear near 9317 to 9347
                              
                      The Satisfying Softs
 MARCH COFFEE
Support should appear near 23220 to 23150 and the 22750 to 22610 region
Resistance should appear near 24110 to 24190 and the 24610 to 24690 region.  Traders can sell at 24100 and hold for lower prices.  , BW Traders should go short if a close under 235.00 occurs.
Stay tuned for flashes
 
MARCH COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519.             
Support should appear near the 2370 to 2354 region. Below that a test of 2275 to 2267 is likely.       

MARCH SUGAR
Support is at the 2275 to 2267 region. Below that a test of 2185 to 2170 is likely       
Resistance should appear near the 2461 to 2469 region. Beyond that 2511 to 2519 should cap a rally.

MARCH COTTON
Resistance should appear near 9140 to 9156 and 9316 to 9347
Support should appear 8871 to 8856. Below that a test of 8589 to 8560 is likely.  
BW Traders can buy at 8590 for a bounce and risk a close under 8290 for three days in a row.     
              --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Wednesday November 23, 2:30 PM South Florida Beach Time