Economic and Investment Trend Analysis - Socio Economics - Forex - Bonds - Dow Jones - Nasdaq - SP500 
Precious Metals - Energy - Livestock - Grains - Softs


FuturesCom Investment Publications
Morning Comments, Tuesday November 25th 2003 

Experienced Since 1979 - Serving Professional and Individual Traders World Wide since 1988

7690 Rockport Circle, Lake Worth, Florida 33467 Tel:
1-561-433-2995 http://www.futurescom.com


Monday November 24th, 2003
2:30 PM Eastern time  

                              The ‘Frenzied’ Forex Front
December Yen
Recommended open position Short at 9155
Support should appear near 9140 and  9060 to 9044
Resistance
should appear near 9237 and 9316 to 9347

December Euro Currency (EC)
Recommended open position Short 4 at 11747 avg
Support
should appear at 11747 and the 11690 to 11640  region   

Resistance is at 11805 and 11867 

December Swiss Franc
Resistance should appear near 7587 to 7601

Support should appear near 7513 to 7486

December  British Pound
Support
should appear near 1.6890 and 1.6720

Resistance should appear near 1.6960 and 17112  

December Canadian Dollar
Resistance
  should appear near 7601 to 7587 and 7637

Support
is at  7550 and 7513 

December Aussie Dollar
Support 
should appear near  7143 and 7088 to 7074 

Resistance should appear at 7207 and the 7242 to 7255 region.. 


                     The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance
should appear near  9821 to 9837

Support should appear near the 9737 to 9706 and 9641 to 9625

December SP500
Resistance should appear near the 1058.00 to 1063.00 region 

Support should appear near 1047 and 1036.00 to 1032.00 ..  

Nasdaq Composite
Resistance 
should appear near 1946 to 1953 and 1982 to 1996

Support should appear near 1909 to 1902 and 1865 to 1858.

December  Mini Nasdaq 100
Resistance
is at  1415 to 1421 and 1453 to 1459

Support
is at 13483 to 1377 and 1346 to 1334 .

December 10 Year T-Note 
Resistance
should appear near 113-23 and 114-07

Support
is at 113-07 and 112-23

                                                             Precious Metals   
February Gold
Support should appear at  390 90 and 386.7 to 385.8

Resistance
is at 398.20 to 399.20 and the 404.6 to 406.6 region

March Copper
Recommended open position Long at 9355
Support
should appear near 9060 to 9045 and 8965 to 8935

Resistance should appear near 9140 to 9155 and 9235  
BW Traders should go long if a close over 9645 occurs.

March Silver
Support
should appear 521.5 to 520 and 514.0 to 512.5   
Resistance
is at  534.4 to 535.5 and 549.5 to 550.5                           

                               The Exciting Energies

Jan Crude Oil
Support
should appear near 2937 to 2928 and 2883 to 2874

Resistance is at  3036 to 3045 and 3092 to 3102

Jan Unleaded Gas
Support should appear near 8225 to 8195 and 8045 to 8025   

Resistance should appear near 8300 to 8315 and 8390 to 8405   

Jan Heating Oil
Resistance should appear near 8300 to 8315 and 8485 to 8505   

Support should appear near 8135 to 8115 and 7955 to 7940

                            The Lively Livestock

February Live Cattle
Resistance
should appear near  9157 and 9235

Support  is
at 9062 to 9047    

December Lean Hogs 
Resistance
is at  4972 to 4997 and 5057 to 5067   

Support is at 4922 to 4917 and 4857 to 4842 

February Lean Hogs 
Support
is at  5342.and 5282 to 5257 .. below that buyers should appear near 5212 to 5197

Resistance is at 5417 to 5432 and 5492 to 5507 

February Pork Bellies
Recommended open position Short 2  at 8552 avg
Support should appear near 8407 to 8392 and 8317 to 8297

Resistance is at 8487 to 8502 and 8557 to 8587

                            The Grande’ Grains

January Soybeans
Resistance
is at  748 3/4 to 751 1/4 and  758 3/4 to 760 1/2 

Support should appear at  734 1/2 to 732 1/4 and the 725 1/2 to 724 3/4 region., Which should contain the decline for a bit... 
BW  Traders can buy at 734 ½  and risk a close under 713 ¾  for three days in a row

Jan Soymeal 
Support
should appear near 222.6 to 221.9 and 218.5 to 217 
 BW
Traders can buy at 223.1 and risk a close under 211.9 for three days in a row. 

Resistance should appear near 226.7 to 227.5 and 231.5 to 232.2

Jan Soybean Oil
Resistance should appear near 2663 to 2672 and 2716 to 2724 

Support should appear near  2612  and 2568 to 2552

March Corn 
Resistance
should appear near 241 1/4 to 241 3/4 and 246 1.4 to 246 3/4

Support
is at 237 to 235 and the 232 1/4 to 231 1/2 region BW  traders can buy at 232 1/4 and risk a 
close  under 226 1/4 for three days in row.....

March CBOT Wheat
Recommended open position Long at 393 1/4
Resistance  should appear near 390 3/4 to 392 3/4 and 398 1/4 to 399 1/4 

Support
is at 386 3/4 to 385 3/4 and 380 3/4 to 379 1/2

                                             The Satisfying Softs
March the ‘Monster’ Coffee
Support
is near 5955 to 5945 and 5880 to 5855

Resistance should appear near 6025 to 6035 and 6105 to 6115 .

March Cocoa 
Recommended open position Long at 1497
Support
is at 1459 to 1453

Resistance should appear near 1484 to 1496 

March Sugar
Recommended open position Long at 621
Support should appear near 601 to 609.

Resistance
should appear near 630 to 634 ..
BW Traders should go long if a close over  662 occurs

March Cotton
Recommended open position Long at 7355
S
upport should
appear near 6920 to 6905 and 6835 to 6810

Resistance
should appear near 7075 to 7085 and 7145 to 7170.

A Ship in Harbor is Safe.. But that is not what ships are built for –

Happy Trading!  
Bill
 wil@futurescom.com

1-561-433-2995  

Monday November 24th   2003
3:30 PM .. South Florida Beach Time

THIS PUBLICATION 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 TRADING ARE 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.  PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  ADDITIONAL RISK DISCLOSURE IS AVAILABLE.
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