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FuturesCom Investment Publications
Morning Comments Wed October 26th 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 

 

Tues Oct 25th 2005
7:30 PM  South Florida Beach Time

                         The Sensational Stock and Bond Markets  

 

Dow Jones Industrial Average
Resistance
should appear near 10,470.00, a close over is friendly and augurs for a test of the 10580.00 to 10680.00 region
whixh now appear more likely than not..

Support
reamins near the 10,360 to 10,320 region
Trade Accordingly

Dec SP500
Recommended open position Long 2 at 1219.10 avg
Support should appear near 1197.50 to 1192.00 and 1180.50
Resistance should appear near 1203.00 and 1217.50

Nasdaq Composite
Support
should appear near 2089.00 to 2080.00
Resistance should appear near the 2126.00 to 2134.00 region.

Dec Mini Nasdaq 100
Recommended open position long 2 at 1596.avg
Resistance
should appear near the 1609.00 to 1615.00
Support should appear near 1576.00 to 1569.00  

Dec Mini Russell 2000
Recommended Open Position Long 2 at 672.5 avg
Support
is at 643.00 to 641.70 and 635.00 to 633.70
Resistance should appear near 648.30 to 650.90 and the 657.7 to 659.1 region 

December 10 Year T-Note  
Resistance
should appear near 108-21 and 109-07   
Support  at 108-07 and 107-21

December 30 Yr   T-Bond
Resistance
should appear near 112-21 and 113-07
Support  is at 112-07 and 111-21                                          
  

                                     The Frenzied Forex Front

Dec  Yen
Resistance
should appear near 8762 to 8777 and the 8856 to 8871 region.
Support should appear near the  8683 to 8668 an extended trade under augurs for a test of  8589 to 8560 ..
BW Traders should go short if a close under 8667 occurs..

Stay tuned for Flashes and Updates..

Dec  Euro Currency (EC)
Recommended open Position Short at 12174
Support should appear at 12107 and 12030 to 11975

Resistance
should appear near 12175.

BW Traders should go short if a close under 11974 occurs..

Dec Swiss Franc
Recommended open position Short at 7937
Resistance
should appear near 7939 to 7954  
Support should appear near 7864 to 7836   .  
BW Traders should go short if a close under 7763 occurs.

December British Pound
Recommended open position Short at  17435
Support
should appear near 17810 to 17740 and 17560
Resistance should appear near 17940 and 18080 to 18220

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

Dec Aussie Dollar
Recommended open position short at 7485
Support should appear near 7513 to 7486    
Resistance should appear near 7587 to 7601 ..

                                                Precious Metals
Dec Gold
Resistance
should appear at 477.5 to 478.5  
Support is at 471.7 to 469.5 

Dec Copper
Support
should appear near 17800 to 17740
Resistance
should appear near 18580 to 18650  

Dec Silver 
Support
should appear near 777.5 to 776.0 and 751.5 to 748.5
Resistance is at 802.5 to 804.5 and 811.5 to 813.5


                                         The Exciting Energies

Dec Crude Oil
Resistance
should appear near 6257 to 6270 and the 6337 to 6350 region 
Support
should appear near 6113 to 6101 and 6035 to 6023

Dec Unleaded Gas 
Resistance
should appear near 17310 to 17380
Support should appear near 16550 to 16420.

Dec Heating Oil
Resistance
should appear at 19820 to 19960

Support
should appear near 18650 to 18580

 

                                                             The Lively Livestock  

Dec  Cattle
Recommended open postion short at 9137
Resistance  should appear near 9137 to 9157 and 9317 to 9347  
Support
is at 9062 to 9042 then 8967 to 8937 and the 8872 to 8857 region


Dec Hogs
Support
is 6117 to 6102 and 6037 to 6022.
Resistance is at 6162 to 6192 and the  6257 to 6272 region.
BW Traders can sell at 6162 and risk a close over 6287 for three days in a row..

Trade Accordingly

February Pork Bellies
Resistance
should appear near 8857 to 8872 and 8932 to 8967  
Support  
is at 8682 to 8667 and 8592 to 8562..

                                                 The Grande’ Grains

January Soybeans
Recommended open position short at 585 1/4
Resistance at 594 1/2 to 595 3/4.and 602 1/4 to 603 1/2
Support
should appear near 588  to 585 1/2 and 580 1/2 to 579 3/4    
BW Traders should go short if a close under 579 3/4  occurs.

Dec Soymeal
Recommended Open Position Short at 169.5
Support should appear near 169.6 to 168.9 and 165.5 to 164.2
Resistance
should appear near 173.1 to 173.8 and the 177.4 to 178.0 region.

Dec  Soybean Oil
Resistance
should appear near 2411 to 2419...BW  Traders can sell at 2409 and hold for lower prices.
Beyond that sellers should appear near 2461 to 2469.

Support
should appear near 2370 to 2354 and 2322 to 2315.

Dec Corn
Resistance should appear near 203 1/2 to 204 1/4
Support is at 195 1/4 to 194 3/4

Dec Wheat
Recommended Open position long at 333 1/4
Resistance should appear near 326 3/4 to 327
Support should appear near 321 1/4 to 319 1/2. 
BW Traders can buy at  321 1/4  for a good bounce and risk a close under 314 1/2  for three days in a row.      
 
           

                                                           The Satisfying Softs  

Dec 'The Monster' Coffee
Support  
should appear near 109360 to 1320 then 10135 to 10105 and the 10035 to 10020 region .. Below that 9935 to 9920  should contain a decline for a bit.. BW Traders can buy at  9945  for a bounce and hold  for higher prices.. Below that buyers should appear
near 9735 to 9705 and the 9345 to 9335  region.

Resistance
should appear near 10470 and the 10580 to 10680 region. Beyond that sellers should appear near 10820.

Dec Cocoa
Recommended Open Position Short at 1376
Support
is at 1383 to 1376 and 1346 to 1334. 
Resistance is at 1415 to 1421 and 1453 to 1459.  

March  Sugar
Support
should appear near 1169 to 1164 
Resistance should appear near 1192 to 1203 

Dec Cotton
Support
should appear near 5505 to 5490 and the 5430 to 5415 region. .
Resistance should appear near 5555 to 5580 and the 5640 to 5655 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
Tuesday October 25th  2005
8:25 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 10-25-2005
Long 2 Dec SP500 1219.10 avg
Long2  Dec  Mini Nasdaq 1596 avg
Long 2  Dec Mini Russell 672.50 avg
Short Dec EC 12174
Short Dec Swiss Francs 7937
Short Dec British Pounds 17435
Short Dec Aussie Dollars 7485
Short Dec Cattle 9137
Short Jan Beans 585 1/4
Short Dec Soymeal 169.5
Long Dec Wheat 333 1/4
Short Dec Cocoa 1376