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 and Foreign Exchange TRADING IS 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, foreign exchange and options. Trading futures and foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Please trade with capital you can afford to lose. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.  No SOLICITATION IS made here for individuals to buy or sell futures contracts, foreign exchange or options market. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.  Readers are solely responsible for how they use the information and for their results. You should be aware of all the risks associated with futures and foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The high degree of leverage that is often obtainable in futures and foreign exchange trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.  Internet Risks: There are risks associated with utilizing an Internet based Service including, but not limited to, the failure of hardware, software and Internet connection. Futurescom employs back-up systems and contingency plans to minimize the possibility of system failure

 

 

 

 

                           
     

FuturesCom
Morning Futures and Investment Comments
Thursday November 17, 2011 

Equity Indices • Treasuries • Forex • Precious Metals • Energy • Grains • Livestock • Softs

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

     

         "Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable- ranks high. There are certain chances that the most prudent man is justified in taking - chances that he must take if he wishes to be more than a mercantile mollusk--"

-Reminiscences of a Stock operator-


Wednesday November 16, 2011

3:15 PM South Florida Beach Time 

                        The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11.690.00 to 11,640.00
 Resistance should appear near the 11,920.00 to 12,030

DEc E-Mini sp500
 Resistance should appear near  1232.00 to 1238.00 and 1253.00
Support should appear near 1217.50 and the 1203.00 to 1192.00 region   
BW Traders can buy at 1217.75 and hold for higher prices.


 

NAsdaq Composite
Resistance should appear near  2663.00 to 2672.00
Support should appear near 2620.00 to 2612.00  
DEc E-Mini NasdaQ 100
 Resistance should appear near 2315.00 to 2322.00      
Support should appear near 2275.00 to 2267.00
BW Traders can buy at 2275.00 and risk a close under 2217.00 for three days in a row.  

Dec E-Mini RUSSELL 2000
 Resistance should appear near 732.80 to 734.20 and 748.60 to 751.30.
Support should appear near 725.50 to 724.20 and 708.80 to 707.40  


DEC 30 YR BOND
Resistance should appear near 142-21and 143-07
Support should appear near 141-21 and 140-21

DEC 10 yr Note
 Resistance should appear near 131-21and 132-07
Support should appear near 130-07 and 129-21. 

                           The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7939 to 7954       
Support should appear near 7836 and 7777 to 7763  
 
dec JAPANESE Yen
 Resistance should appear near 13040 to 13100.
BW Traders can sell at 13035 and hold for lower prices.  
Support should appear near 12740 to 12680                  

dec EURO currency
 Support should appear near 13460 to 13340   
Resistance should appear near 13615 and 13770 to 13830    

 dec SWISS FRANC
 Resistance should appear near 10960 to 11010.
Support should appear near 10830 and 10680 to 10580     

DEC BRITISH POUND
Support should appear near 15690 and 15525
Resistance should appear near 15760 and 15927 .

DEC CanadIAN Dollar
 Resistance should appear near 9821 to 9837
Support should appear near the 9737 to 9706 and 9641 to 9625

DEC AUSSIE DOLLAR
 Resistance should appear near  10136 and 10237
Support should appear near 9937 to 9921
                              The Precious Metals
 december gold
 Resistance should appear near 1774 to 1780     
Support is near 1738 to 1731  

DEC COPPER
 Resistance should appear near 34930 to 35030 and 35530 to 35630
Support should appear near 34320 to 34250 and 33860 to 33770
 
 DEC Silver 
 Resistance should appear near 3425 to 3443 and 3493 to 3503
Support is at 3328 to 3319 and 3270 to 3261
                                    

                                 The Exciting Energies  
December CRUDE Oil
Resistance should appear near 10320 to 10360 and 10680 to 10580
Support should appear near 10037 to 10021 and 9937 to 9921 

DECEMBER HeaTING Oil
 Support should appear near 30450 to 30360  
Resistance should appear near the 31940 to 32130  region          

DECEMBER UNLEADED Gas
 Support should appear at 25190 to 25110       
Resistance should appear near 26120 to 26200    

DECEMBER  NATURAL Gas
Support should appear at 3213 to 3194      
Resistance should appear near 3425 to 3443                                                                      

                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1169 to 1164
Resistance should appear near 1192 to 1203 and 1217 ½  

DECEMBER SOYMEAL
Resistance should appear near 297.2 to 299.0 and 303.6 to 304.5              
Support should appear near 293.7 to 292.8 and 288.3 to 287.4   

DECEMBER BEAN OIL
Resistance should appear near 5259 to 5282 and 5344 to 5356       
Support should appear near the 5211 to 5200 and 5139 to 5127


 

DEC CORN
Resistance should appear near 648 ¾ to 650 ¾          
Support should appear 627 to 625 ¾   
 
DECEMBER WHEAT
Resistance should appear near 633 ¾ to 635        
Support should appear 603 ½ to 602 ¾
   
                                       THE LIVELY LIVESTOCK
 DEC CATTLE
Support should appear near 12030 to 11920
Resistance should appear near 12320 to 12380

DEC HOGS
Resistance should appear near 8562 to 8593 and 8667 to 8682    
Support should appear near 8502 to 8482 and 8407 to 8392  

FEB HOGS
Support should appear near 8872 to 8857   
Resistance should appear near 9042 to 9062        
                                 The Satisfying Softs
 MARCH COFFEE
Support should appear near 23700 to 23540
Resistance should appear near 24610 to 24690. 
 
MARCH COCOA
Resistance should appear near 2552 to 2568            
Support should appear near 2469 to 2461     

MARCH SUGAR
Resistance is at 2511 to 2519      
Support should appear near 2419 to 2411  

MARCH COTTON
Resistance should appear near 10320 to 10360
Support should appear 9937 to 9921  
 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Wednesday November 16, 4:30 PM South Florida Beach Time