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
Friday November 18, 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-


Thursday November 17, 2011

2:15 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.. Below that support should appear near
11,360.00 to 11,300.00
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  the 1203.00 to 1192.00 and 1169.00 to 1164.00    
 


 

NAsdaq Composite
Resistance should appear near 2612.00 to 2620.00
Support should appear near 2519.00 to 2511.00  
DEc E-Mini NasdaQ 100
 Resistance should appear near 2315.00 to 2322.00      
Support should appear near 2226.00 to 2219.00  

Dec E-Mini RUSSELL 2000
 Resistance should appear near 732.80 to 734.20 .
Support should appear near 708.80 to 707.40  


DEC 30 YR BOND
Resistance should appear near 144-07 and 144-21
Support should appear near 142-21 and 141-21

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 15760 to 15690 and 15525
Resistance should appear near 15927 and 16090 to 16150

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

DEC AUSSIE DOLLAR
 Resistance should appear near  10021 to 10037  
Support should appear near 9937 to 9921
                              The Precious Metals
 december gold
 Resistance should appear near 1731 to 1738     
Support is near 1696 to 1689  

DEC COPPER
 Resistance should appear near 34250 to 34430
Support should appear near 32130 to 31940
 
 DEC Silver 
 Resistance should appear near 3261 to 3270
Support is at 2937 to 2928  
                                    

                                 The Exciting Energies  
December CRUDE Oil
Resistance should appear near 10021 to 10037
Support should appear near 9737 to 9706 

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 24190 to 24110       
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 1136 to 1130
Resistance should appear near 1192 to 1203

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 5200 to 5211       
Support should appear near the 5067 to 5056


 

DEC CORN
Resistance should appear near 633 ¾  to 635           
Support should appear 588 to 585 ½   
 
DECEMBER WHEAT
Resistance should appear near 616 ½ to 619        
Support should appear 580 ¾ to 579 ½
   
                                       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 8762 to 8777    
Support should appear near 8502 to 8482 

FEB HOGS
Support should appear near 8872 to 8857   
Resistance should appear near 9137 to 9157        
                                 The Satisfying Softs
 MARCH COFFEE
Support should appear near 23220 to 23150  
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 2461 to 2469      
Support should appear near 2370 to 2354 

MARCH COTTON
Resistance should appear near 9921 to 9937
Support should appear 9347 to 9316  
 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Thursday November 17, 3:00 PM South Florida Beach Time