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FuturesCom Investment Publications
Morning Comments  Thursday October 6th, 2005
 Serving Professional and Individual Traders World Wide since 1988
1650 SW Malmo Rd , Port St. Lucie ,  Florida 34953 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 772-621-4234  http://www.futurescom.com 

                   
Thursday Oct 6th  2005
4:15 AM   Eastern Time 

                                                        

                                    The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance
should appear near 10,320.00 to 10,360.00
Support
should appear near 10,185 and the 10,136.00 to 10,104.00 region . 

Dec SP500

Recommended open position Long 2 at 1219.10
Support
should appear near 1197.50 to 1192.00.  
Resistance should appear near 1203.00 and 1217.50 

Nasdaq Composite
Support
should appear near the 2089.00  to 2080.region 
Resistance should appear near the 2126 to 2134 region

Dec Mini Nasdaq 100
Recommended open position long at 1593.00
Resistance
should appear near 1609.00 to 1615.00
Support is at 1576.00 to 1569.00  
 

Dec Mini Russell 2000
Recommended Open Position Long 2 at 672.5
Support
is at the 643.00 to 641.70 region
Resistance
should appear near 648.20 to 650.90  
Trade Accordingly and Stay tuned for Updates..

December 10 Year T-Note  
Resistance should appear near 110-07 and 110-21
Su
pport  at 109-21 and 109-07

December 30 Yr   T-Bond
Resistance
should appear near 114-21 and 115-07
Support  is  at 114-07 and 113-21

 

                                                        The Frenzied Forex Front

Dec  Yen
Resistance
should appear near 8856 to 8871 and 8934 to 8964.
Support should appear near  the 8777  to 8762 region...
Trade accordingly .

Dec  Euro Currency (EC)
Support
should appear near 12030 to11920 ..
Resistance should appear near 12175 ..BW Traders can sell at 12174 for a turn lower, initially plan on risking a close over 12252 for three days in a row..

Dec Swiss Franc
Resistance
should appear near 7864 and the 7939 to 7954 region
BW Traders can sell at 7937 for the pull and hold for lower prices.. .
Support should appear near 7836 and 7777 to 7763 

December British Pound
Support
should appear near 17380 to 17310  
Resistance
should appear near 17740 to 17800 

Dec  Canadian Dollar
Resistance
 should appear 8560 to 8589 
Support
is at 8499 to 8484
 

Dec Aussie Dollar
Recommended open position short at 7587
Support
should appear near 7513 to 7486. 
Resistance should appear near 7587 to 7601
Stay tuned for updates..

 

                                                Precious Metals
Dec Gold
Resistance
should appear at  469.5 to 471.7 and the 477.5 to 478.5 region
Support is at 465.0  to 463.9 and the 458.2 to 457.1 region

Dec Copper
Support
should appear near 178.00 to 177.40 and 17380 to 17310  
Resistance
should appear near 18080 to 18220 region..  which should cap a rally..    
BW Traders can sell at 18070 for a turn lower  risk a close over 18680 for three days in a row. .

Dec Silver 
Support
should appear near  734.5 to 732.5 and 717.0 to 714.5 region  
Resistance should appear near 748.5 to 751.5 and the 758.5 to 760.5 region..  


The Exciting Energies

Nov Crude Oil
Resistance
should appear near 6257 to 6270 and 6227 to 6350.
Support
should appear near 6113 to 6101and the 6035 to 6023 region

Nov Unleaded Gas 
Re
sistance
should appear near 19020 to 19090 and 19460 to 19530 

Support
should appear near 18560 to 18580 and the 18220 to 18080 region  

Nov Heating Oil
Re
sistance should appear near 20340 to 20420 and 20800 to 20890    
Support should appear near 19530 to 19460 and 18650 to 18580

 

The Lively Livestock  

Dec  Cattle
Support
should appear near  9062 to 9040 and the 8967 to 8937 region   
Resistance is at 9142 to 9162 and 9237

Dec Hogs
Resistance is at 6587 to 6592 and 6657 to 6672 
Support is 6512 to 6487 and 6432 to 6417  

February Pork Bellies
Resistance
should appear near 9707 to 9737 and 9822 to 9847
Support is at 9542 to 9527 and 9447 to 9427   ... 


                                                The Grande’ Grains

November Soybeans
Recommended Open position Short at 578 3/4
Resistance is at 571 3/4 to 573  
Support
should appear near 557 3/4 to 555 1/4

Dec Soymeal
Support should appear near 165.5 to 164.2 and the 161.5 to 160.9 region 
Resistance
should appear near 168.9 to 169.6 and 173.1 to 173.8..  

Dec  Soybean Oil
Resistance should appear near 2461 to 2469 
Support
should appear near 2370 to 2354  

Dec Corn

Resistance should appear near 208 to 208 3/4 and 212 3/4 to 213 1/2 .
BW traders can sell at 212 1/2 and risk a close over 223 1/4 for three days in a row,. 

Support is at 204 1/4 to 203 1/2 and the 199 3/4 to 198 1/.4 region 

Dec Wheat
Resistance
should appear near 349 1/4 to 350 1/4 and the 355 1/4 to 356 1/4 region 
Support should appear near 344 1/4 to 342 1/2 and the 338 3/4 to 337 3/4 region       
Trade Accordingly and stay tuned for Updates..
           

 

                                                         The Satisfying Softs  

Dec 'The Monster' Coffee
Recommended open position long at 9260
Support  should appear near 9345 to 9315 and 9155 to 9140 
Resistance
should appear near 9525 to 9545 and 9705 to 9735 .

Dec Cocoa
Support
is at 1383 to 1377 and 1346 to 1334
Resistance is at 1415 to 1421 and1453 to 1459

March  Sugar
Support
should appear near 1136 to 1130 
Resistance should appear near 1164 to 1169 

Dec Cotton
S
upport should appear near 5355 to 5345 and 5285 to 5255  
Resistance should appear near 5415 to 5430 and the 5490 to 5505 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

Thursday Oct 6th,  2005
5:00 AM   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 10-5-2005
Long 2 Dec SP500 1219.10
Long Dec  Mini Nasdaq 1593 
Long 2  Dec Mini Russell 672.50
Short Dec Aussie Dollars 7587
Short Nov Soybeans 578 3/4 
Long Dec Coffee 9260