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FuturesCom
Morning Investment Comments
Friday October 28, 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”

 

Thursday October 27, 2011

3:00 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 12,320.00 to 12,380.00

DEc E-Mini sp500
Resistance should appear near  1304.00 and 1310.00
Support should appear near  the 1274.00 to 1268.00 region
 
NAsdaq Composite
Resistance
should appear near 2758.00 to 2775.00  
Support should appear near the 2724.00 to 2716.00 region 


 

DEc E-Mini NasdaQ 100
Resistance
should appear near 2411.00 to 2419      
Support
should appear near  2370.00 to 2354.00  

Dec E-
Mini RUSSELL 2000
Resistance
should appear near 776.30 to 777.70
Support should appear near 742/80- to 741.40  

DEC 30 YR BOND
Resistance
should appear near 136-21 and 137-07.
Support should appear near 134-21 and 134-07

DEC 10 yr Note
Resistance should appear near 128-07 and 128-21
Support should appear near 127-07 and 126-21

                            The Frenzied Forex Front
dec dOLLAR iNDEX
Resistance
should appear near 7587 to 7601       
Support should appear near 7428 to 7414     
 
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 14150 and 13830 to 13770
Resistance should appear near 14370 and 14530 to 14590

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 10320 to10360
Support should appear near 9937 to 9921


DEC AUSSIE DOLLAR
Resistance
should appear near 10680 and 10815
Support should appear near 10580 and 10470


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

DEC COPPER
Resistance should appear near 38580 to 38670  
Support should appear near 34430 to 34250   
     
DEC Silver 
Resistance
should appear near 3795 to 3806
Support is at 3386 to 3377


 

                                      The Exciting Energies  

December CRUDE Oil
Resistance should appear near 9706 to 9737
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 1238 to 1232
Resistance should appear near 1268 to 1274

DECEMBER SOYMEAL
Resistance
should appear near 326.1 to 327.0            
Support should appear near 321.3 to 319.4    

DECEMBER BEAN OIL
Resistance
should appear near 5344 to 5356      
Support should appear near 5067 to 5056

DEC CORN
Resistance should
appear near 657 ¾ to 659 ¼        
Support should appear 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  11920 and 11815
Resistance should appear near 12030 and 12155

DEC HOGS
Resistance
should appear near 8762 to 8777 and 8857 to 8872 
Support should appear near 8682 to 8667 and the 8592 to 8562 region

FEB HOGS
Support
should appear near 8872 to 8857  
Resistance should appear near 9042 to 9062
                                  

                                  The Satisfying Softs
DEC COFFEE
Support should appear near 22750 to 22670 . 
Resistance should appear near 24110 to 24190   
 
DEC COCOA
Resistance should appear near 2820 to 2829           
Support should appear
near 2568 to 2552     

 

 

 

MARCH SUGAR
Resistance
is at 2758 to 2775     
Support should appear near 2620 to 2612

DEC COTTON
Resistance
should appear near 10580 to 10680
Support should appear 10136 to 10105
 
   
 
           --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill
wil@futurescom.com
Thursday October 27, 4:10 PM South Florida Beach Time