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 04, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

   ‘A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice’

Thursday November 3, 2011

12:00 Noon 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 and  11,530.00
 Resistance should appear near  11,920.00 to 12,030.00
DEc E-Mini sp500
 Resistance should appear near 1253.00 and 1268.00 to 1274.00
Support should appear near 1238.00 to 1232.00 and 1203.00 to 1192.00.
BW Traders can buy at 1203.50 and hold for higher prices. .    
 
 NAsdaq Composite
Resistance should appear near 2716.00 to 2724.00
Support should appear near the 2620.00 to 2612.00 region   

 DEc E-Mini NasdaQ 100
 Resistance should appear near 2354.00 to 2370.00
Support should appear near 2275.00 to 2267.00

Dec E-Mini RUSSELL 2000
 Resistance should appear near 748.60 to 751.30
Support should appear near 725.50 to 724.20  

DEC 30 YR BOND
Resistance should appear near 141-21 and 142-07
Support should appear near 140-07 and 139-07

 DEC 10 yr Note
 Resistance should appear near  130-21 and 131-21
Support should appear near 129-07 and 128-07
                            The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7763 to 7777       
Support should appear near 7689 to 7675    
 
dec JAPANESE Yen
 Resistance should appear near 13040 to 13100  
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 11360 and 11530        
Support should appear near 11155 and 11010 to 10960      

DEC BRITISH POUND
Support should appear near 15760 to 15690  
Resistance should appear near 16090 to16150
DEC CanadIAN Dollar
 Resistance should appear near 9921 to 9937
Support should appear near 9737 to 9706

DEC AUSSIE DOLLAR
 Resistance should appear near 10320 to 10360
Support should appear near 10136 to 10104

                              The Precious Metals
 december gold
 Resistance should appear near 1774 to 1780     
Support is near 1738 to 1731  

DEC COPPER
 Resistance should appear near 36130 to 36230  
Support should appear near 34430 to 34250   
     
DEC Silver 
 Resistance should appear near 3493 to 3503  
Support is at 3386 to 3377


 

 

 

 

 

 

                                      The Exciting Energies  

December CRUDE Oil
Resistance should appear near 9526 to 9542
Support should appear near 9156 to 9140 

DECEMBER HeaTING Oil
 Support should appear near 29730 to 29280
Resistance should appear near the 30920 to 31020  region          

DECEMBER UNLEADED Gas
 Support should appear at 25680 to 25520   
Resistance should appear near 26630 to 26720    

DECEMBER NATURAL Gas
Support should appear at 3682 to 3663        
Resistance should appear near 3909 to 3929                                                                   

                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1203 to 1192
Resistance should appear near 1232 to 1238

DECEMBER SOYMEAL
Resistance should appear near 319.4 to 321.3              
Support should appear near 310.2 to 309.2     

DECEMBER BEAN OIL
Resistance should appear near 5259 to 5282      
Support should appear near 5067 to 5056

DEC CORN
Resistance should appear near  657 ¾ to 659 ¼  and 665 ¾ to 667 ¼ 
Support should appear 643 to 641 ¾ and 635 to 633 ¾   
 
DECEMBER WHEAT
Resistance should appear near 648 ¾ to 650 ¾       
Support should appear 619 to 616 ½  

                                        THE LIVELY LIVESTOCK
 DEC CATTLE
Support should appear near  12320 and 12155   
Resistance should appear near 12530 and 12680 to 12740

DEC HOGS
Resistance should appear near 8667 to 8682 and 8762 to 8777   
Support should appear near 8592 to 8562 and the 8502 to 8482 region

FEB HOGS
Support should appear near 8872 to 8857 and 8777 to 8762
Resistance should appear near 8967 and 9042 to 9062                                    

                                  The Satisfying Softs
 DEC COFFEE
Support should appear near 22260 to 22190      
Resistance should appear near 23150 to 23220    
 
DEC COCOA
Resistance should appear near 2758 to 2775             
Support should appear near 2620 to 2612     

 

 

 

MARCH SUGAR
Resistance is at 2612 to 2620        
Support should appear near 2519 to 2511

DEC COTTON
Resistance should appear near  9921 to 9937 and 10021 to 10037
Support should appear 9737 to 9706 and 9542 to 9526
 
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Thursday November 3, 12:35 PM South Florida Beach Time