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FuturesCom Investment Publications
Morning Comments Thursday Sept 8th, 2005
 Serving Professional and Individual Traders World Wide since 1988
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Wed Sept 7th  2005
3:45 PM   Eastern Time

The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance
should appear near 10680.00.and 10820 
Support
should appear near 10580.00 then 10525  and the 10470.00.region 

Sept SP500
Recommended open position Long 2 at 1238.70
Support
should appear near at the 1235 to 1232.00 and 1217.50.
Resistance should appear near 1238.00 and 1253.00

Nasdaq Composite
Support
should appear near 2134 to 2126  
Resistance should appear near  2185 and 2219 to 2226

Sept Mini Nasdaq 100
Recommended open position Long at 1577
Resistance
should appear near 1609 to 1915     
Support is at  1576 to 1569    

Sept Mini Russell 2000
Recommended Open Position Long at 675.6
Support
is at 675.50 to 674.30 and the 667.30 to 665.90 region. 
Resistance
should appear near 680.90 to 683.60 and 690.60 to 691.90

December 10 Year T-Note  
Resistance should appear  at 111-22 and 112-07 
Support  at 111-07 and 110-22

December 30 Yr   T-Bond
Resistance
should appear near 116-22 and 117-07
Support  is  at 116-07 and 115-22


                                                   
                                                                    
  The Frenzied Forex Front

Sept  Yen
Resistance
should appear near 9140 to 9156 and 9237  
Support
should appear near  the 9060 to 9044 region 
Trade accordingly .

Sept Euro Currency (EC)
Recommended open position Short at 12320
Support should appear at  12380 to 12320
Resistance should appear near 12530 and 12680 to 12740

Sept Swiss Franc
Recommended Open position Short at 7990
Resistance
should appear near 8119 to 8134 and  8194 to 8223  
Support
should appear near 8044 to 8029 and 7954 to 7939

Sept British Pound
Recommended open position Short 17850
Support
should appear near 18220 to 18080
Resistance
should appear near 18400 and 18580 to 18650 .. 

Sept  Canadian Dollar
S
upport should appear near 8406 to 8391and 8314 to 8300
Resistance is at 8484  to 8499 and 8560 to 8589

Sept Aussie Dollar
Recommended open position short at 7584
Support
should appear near 7601 to 7587 and 7513 to 7486. 
Resistance should appear near 7675 to 7689 and 7763 to 7777  

                                                
                                                                 
Precious Metals

Dec Gold
Recommended open Position Short 2 at 435.8
Resistance
should appear at  450.3 to 451.4 
Support is at 444.6 to 442.4  

Dec Copper
Support
should appear near 16150 to 16090  
Resistance
should appear near 16890 to 16960

Dec Silver 
Resistance 
should appear near 714.5 to 717.0 and the 724.0 to 725.5 region 
Support is at 700.5 to 699.0 and the 692 to 690.5 region 

The Exciting Energies

Oct Crude Oil
Resistance
should appear near 6483 to 6509 then 6577 to 6591 and the 6659 to 6673 region  
Support
should appear near 6430 to 6417 then 6350 to 6337 and the 6270 to 6257 region. 

Oct Unleaded Gas 
Re
sistance should appear near  20800 to 20890 and 21260 to 21340 .   
Support
should appear near 19960 to 19820 and 19090 to 19020 

Oct Heating Oil
Re
sistance should appear near 20340 to 20420 and 20800 to 20890 
Support
should appear near 19530 to 19460 and 18560 to 18580 


The Lively Livestock
 

Dec  Cattle
Recommended Open Position Short 2  at 8495 avg
Support
should appear near 8502 to 8487 and the 8407 to 8392 region. 
Resistance is at 8592 and 8667 to 8682

Dec Hogs
Support
is 6037 to 6022 and 5957 to 5952 
Resistance is
at  6102 to 6112 and 6167 to 6192  


October Hogs
Recommended open position Short at 6285
Support
is 6112 to 6102 and 6037 to 6022 
Resistance is at 6257 to 6272 and the 6337 to 6352 region 

February Pork Bellies
Resistance
should appear near 8027 to 8047 and then 8117 to 8137 region 
Support  
is at 7957 to 7937 and the 7867 to 7837 region 


                                              
The Grande’ Grains

November Soybeans
Resistance at 610 1/4 to 611 1/43 and  616 1/2 to  619 
Support
should appear near 595 3/4 to 594 1/2 and 588 to 585 1/2   

Dec Soymeal
Support should appear near 182.2 to 180.8 .
Resistance should appear near 190.2 to 190.9

Dec  Soybean Oil
Recommended open position Short at 2314
Resistance should appear near 2315 to 2322 and 2354 to 2370.
Support
should appear near 2275 to 2267 and the 2226 to 2219 region   
BW Traders should go short if a close under 2217 occurs

Dec Corn
Resistance should appear near 221 3/4 to 222 3/4 and the 226 3/4 to 227 1/2 region  
BW
Traders can sell at 226 1/4 and hold for lower prices.. risk a close over 233 1/2  for three days in a row.

Support
is at 217 and the 213 1/2 to 212 3/4 region. .  

Dec Wheat
Resistance should appear near 319 1/2 to 321 1/4  and the 326 3/4 to 327 1/2 region .
 
Support should appear near 315 3/4 to 314 3/4 and the 310 1/4 to 309 1/4 region.  


                                                    
 
The Satisfying Softs  

Dec 'The Monster' Coffee
Support  should appear near 9345 to 9315 and the 9155 to 9140 region .  
Resistance should appear near 9525 to 9545 and the 9705 to 9735 region. 

Dec Cocoa
Support
is at  1535 to 1529  and 1496 to 1483
Resistance is at 1569 to 1576 and 1609 to 1615

March  Sugar
Support
should appear near 1058 and the 1036 to 1032 region 
Resistance
should appear near 1096 to 1101.
BW
Traders can sell at 1095 and risk a close over 1104 for three days in row. 

Dec Cotton
Support should appear near 5280 to 5255 and the 5210 to 5200 region.    
Resistance
should appear near 5345 to 5355 and the 5415 to 5430 region .  

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

Happy Trading !   
Bill  wil@futurescom.com

1-866-409-3890
Wed Sept 7th  2005
4:45 PM South Florida Beach Time  


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 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.
FuturesCom Investment Publications © copyright 1996 – 2005 all rights reserved Terms

BW Recommended Open Positions 9-8-2005
Long Dec 2 SP500 1238.20
Long Dec  Mini Nasdaq 1608.50 
Long Sept Mini Russell 677.20
Short Sept EC 12320
Short Sept Swiss Francs 7990
Short Sept British Pounds 17850
Short Sept Aussie Dollars 7584
Short 2 Dec Gold 435.8
Short 2  Dec Cattle 8495 avg
Short Oct Hogs 6285 
Short Dec Soy Oil 2314