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 Investment Comments
Tuesday October 25, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

           “Courage in a Speculator is merely confidence to act on the decision of his mind”
Monday October 24, 2011
2:30 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
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 the 2716.00 to 2724.00 region
Support should appear near the 2620.00 to 2612.00 region 


 

DEc E-Mini NasdaQ 100
 Resistance should appear near 2411.00 to 2419.00 and cap a rally.      
Support should appear near 2322.00 to 2315.00

Dec E-Mini RUSSELL 2000
 Resistance should appear near 732.80 to 734.20 and 741.40 to 742.80.
Support should appear near 725.50 to 724.20 and 717.00 to 714.30

DEC 30 YR BOND
Resistance should appear near 138-21 and 139-07.
Support should appear near 137-21 and 136-21

 DEC 10 yr Note
 Resistance should appear near 129-07.Beyond that sellers should appear near 130-07
Support should appear near 127-21 and 126-21. Below that a test of 125-21 is likely. 

                            The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7675.00 to 7689       
Support should appear near 7601 to 7589     
 
dec JAPANESE Yen
 Resistance should appear near 13340 to 13460.
BW Traders can sell at 13335 and hold for lower prices.  
Support should appear near 13100 to 13040                 

dec EURO currency
 Support should appear near 13830 to 13770 
Resistance should appear near 14150 to 14210

 dec SWISS FRANC
 Resistance should appear near 11640 to 11690      
Support should appear near 11360 to 11300      

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

DEC CanadIAN Dollar
 Resistance should appear near the 10021 to 10037 region
Support should appear near 9837 to 9821 

DEC AUSSIE DOLLAR
 Resistance should appear near 10580 to 10680
Support should appear near 10360 to 10320 

                              The Precious Metals
 december gold
 Resistance should appear near the 1689 to 1696 region. .     
Support is near 1615 to 1609   

DEC COPPER
 Resistance should appear near 34930 to 35030  
Support should appear near 33280 to 33190 
     
DEC Silver 
 Resistance should appear near 3194 to 3213 beyond that sellers should appear near 3319 to 3328
Support is at 3045 to 3036 and the 2990 to 2972 region


                                      The Exciting Energies  

December CRUDE Oil
Resistance should appear near 9316 to 9347
Support should appear near 8964 to 8934 

DECEMBER HeaTING Oil
 Support should appear near 29900 to 29720 
Resistance should appear near the 31480 to 31570 region          

DECEMBER UNLEADED Gas
 Support should appear at 25680 to 25520   
Resistance should appear near 27580 to 27750  

DECEMBER  NATURAL Gas
Support should appear at 3743 to 3734 and  3623 to 3613 region      
Resistance should appear near 3858 to 3867 and 3909 to 3929 region. Which should cap a rally                                                                   

                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1203 to 1192
Resistance should appear near 1238 and 1268 to 1274

DECEMBER SOYMEAL
Resistance should appear near 326.1 to 327.0            
Support should appear near 315.7 to 314.8  

DECEMBER BEAN OIL
Resistance should appear near the 5200 to 5211 region     
Support should appear near 5067 to 5056

DEC CORN
Resistance should appear near 665 ¾ to 667 ¼       
Support should appear 627 to 625 ¾ 
 
DECEMBER WHEAT
Resistance should appear near the 665 ¾ to 667 ¼ region.       
Support should appear 619 to 616 ½   

                                        THE LIVELY LIVESTOCK
 DEC CATTLE
Support should appear near 12155 and 12030 to 11920 
Resistance should appear near 12320 to 12380

DEC HOGS
Resistance should appear near 8932 to 8967 and  9042 to 9062
BW Traders can sell at 9037 and hold for lower prices.
Support should appear near 8872 to 8857 and  8777 to 8762
BW Traders should go short if a close under 8852 occurs. 

FEB HOGS
Support should appear near 9157 to 9137
Resistance should appear near 9427 to 9447                                   
                                  The Satisfying Softs
 DEC COFFEE
Support should appear near 24190 to 24110. 
Resistance should appear near 25520 to 25680
 
DEC COCOA
Resistance should appear near the 2716 to 2724 region          
Support should appear near 2568 to 2552     

 

MARCH SUGAR
Resistance is at 2758 to 2775 and the 2820 to 2829 region     
Support should appear near 2620 to 2612

DEC COTTON
Resistance should appear near 9921 to 9937 and 10105 to 10135 
BW Traders can sell at 10105 and hold for lower prices.
Support should appear 9737 to 97065 and 9641 to 9625 
 
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Monday October 24, 3:30 PM South Florida Beach Time