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FuturesCom Investment Publications
Morning Comments Wed Nov 3 rd 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 

                                                                                                                                                                                                    

 

Wed Nov 2nd  2005
3:25 PM  South Florida Beach Time

                         The Sensational Stock and Bond Markets  

Dow Jones Industrial Average
Resistance
should appear near 10,580.00 to 10,630.00
Nearby Support
should appear near 10,470.00.. Below that buyers should appear near the 10,360.00 to 10,320.00 region

Dec SP500
Recommended open position Long 2 at 1219.10 avg
Support should appear near 1203.00 to 1197.50 and 1192.00
Nearby Resistance should appear near 1217.50 and the 1232.00 to 1238.00 region 

Trade Accordingly

Nasdaq Composite
Support
should appear near 2134.00 to 2126.00 and 2089.00 to 2080.00
Resistance should appear near the 2170.00 to 2185.00 region   .

Dec Mini Nasdaq 100
Recommended open position long 2 at 1596.avg
Resistance
should appear near the 1609 to 1615 
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 to 641.70 and 635.00 to 633.70
Resistance
should appear near 648.30 to 650.90 and 657.7 to 659.1

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 112-07 and 112-21 
Support  is at 111-21 and 111-07                                          
  

                                     The Frenzied Forex Front

Dec  Yen
Recommended open Position Short at 8642
Resistance should appear near 8668 to 8683 and 8762 to 8777.
Support should appear near the 8589 to 8560 and 8499 to 8484

Stay tuned for Flashes and Updates..

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

Resistance
should appear near 12107 and 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 7836 to 7864 and  the 7939 to 7954 region
Support should appear near 7777 to 7763 and the 7689 to 7675 region  

BW Traders should go short if a close under 7763 occurs.

December British Pound
Recommended open position Short at  17435
Support
should appear near 17560 and the 17310 to 17380 region
Resistance should appear near 17740 to 17800 and 17940

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 7428 to 7414 and 7342 to 7328    
Resistance should appear near 7486 to 7513

                                                Precious Metals
Dec Gold
Resistance
should appear at 463.9 to 465.0 and the 469.5 to 471.7 region   
Support is at 458.2 to 457.1 and the 451.4 to 450.3 region  

Dec Copper
Support
should appear near 18080 and 17800 to 17740
Resistance
should appear near 18220 and the 18580 to 18650 region

Dec Silver 
Support
should appear near 725.5 to 724.5 and the 717.0 to 714.5 region
Resistance is at 751.5 and the 767.5 to 768.5 region 


                                         The Exciting Energies

Dec Crude Oil
Resistance
should appear near 6023 to 6035 and the 6101 to 6113 region
Support
should appear near 5880 to 5855 and the 5805 to 5792 region

Dec Unleaded Gas 
Resistance
should appear near  16090 to 16150 and 16420 to 16550
Support should appear near 15780 to 15690 and 15350 to 15290 

Dec Heating Oil
Resistance
should appear at  18080 to 18220 and 18580 to 18650

Support
should appear near  17800 to 17740 and 17380 to 17310

 

                                                             The Lively Livestock  

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

Dec Hogs
Recommended open position short at 6162
Support
is 6037 to 6022 and the 5957 to 5942 region
Resistance is at  61202 to 6112 and the 6162 to 6192 region

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

                                                 The Grande’ Grains

January Soybeans
Recommended open position short at 585 1/4
Resistance at  588 then 594 1/2 to 595 3/4 and the 602 1/4 to 603 1/2 region
Support
should appear near 580 1/2 to 579 3/4 and 572 3/4 to 571 3/4.    
 

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 173.8 and 177.4 to 178.0

Dec  Soybean Oil
Resistance
should appear near 2315 to 2322 and 2354 to 2370.
Support should appear near 2275 to 2267 and 2226 to 2219

Dec Corn
Resistance should appear near 198 1/4 to 199 3/4 and 203 1/2 to 204 1/4
Support is at 195 1/4 to 194 3/4 and 190 3/4 to 190 1/4

Dec Wheat
Recommended Open position long 2 at 327 1/4 avg
Resistance should appear near 319 1/2 to 321 1/4 and 326 3/4 to 327
Support should appear near 315 3/4 to 314 1/2 310 1/4 to 309 1/4  
   
 
           

                                                           The Satisfying Softs  
Dec 'The Monster' Coffee
Recommended open position Long at 9880
Support  should appear near 9640 to 9625 and the 9545 to 9525 region 
Resistance
should appear near  9735 and 9820 to 9835

Dec Cocoa
Recommended Open Position Short at 1376
Support
is at 1346 to 1334. 
Resistance is at 1376 to 1383   

March  Sugar
Support
should appear near  1101 to 1098
Resistance should appear near  1136 and 1150 

Dec Cotton
Support
should appear near 5140 to 51254 and the 5065 to 5055 region  
Resistance should appear near 5255 to 5285 and 5345 to 5355

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 Nov 1st , 2005
3:00 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.
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BW Recommended Open Positions 11-1-2005
Long 2 Dec SP500 1219.10 avg
Long 2  Dec  Mini Nasdaq 1596 avg
Long 2  Dec Mini Russell 672.50 avg
Short Dec Yen
Short Dec EC 12174
Short Dec Swiss Francs 7937
Short Dec British Pounds 17435
Short Dec Aussie Dollars 7485
Short Dec Cattle 9137
Short Dec Hogs 6162
Short Jan Beans 585 1/4
Short Dec Soymeal 169.5
Long 2 Dec Wheat 327 1/4 avg
Short Dec Cocoa 1376
Long Dec Coffee 9880