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FuturesCom
Morning Futures and Investment Comments
Wednesday November 23, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

     

      

      

 

                                  Have a Happy and Safe Thanksgving !
  

Tuesday November 22, 2011

1:30 PM South Florida Beach Time                                   

                          The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 11,360.00 to 11,320.00
 Resistance should appear near 11,640.00 to 11,690.00

DEc E-Mini sp500
 Resistance should appear near 1192.00 to 1203.00
Support should appear near 1169.00 to 1164.00.
Which should contain a decline for a bit,BW Traders can buy at 1169.25 and hold for higher prices.  
NAsdaq Composite
Resistance should appear near  2552.00 to 2568.00
Support should appear near 2469.00 to 2461.00

 DEc E-Mini NasdaQ 100
 Resistance should appear near 2267.00 to 2275.00.       
Support should appear near the 2185.00 to 2170.00 region

Dec E-Mini RUSSELL 2000
 Resistance should appear near 707.40 to 708.80.
Support should appear near 683.60 to 680.90


DEC 30 YR BOND
Resistance should appear near 144-21. Beyond that sellers should appear near 145-21
Support should appear near 142-21 and 142-07.

DEC 10 yr Note
 Resistance should appear near 131-07. Beyond that sellers should appear near  131-21 and 132-07
Support should appear near 129-21 and 128-21. Below that a test of 127-07 is likely.  
                             The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7864, a close over is friendly and augurs for a test of 7939 to 7954.        
Support should appear near 7836 and 7777 to 7763      

 dec JAPANESE Yen
 Resistance should appear near 13040 to 13100 and 13340 to 13460.    
Support should appear near 12890 and 12740 to 12680                  

dec EURO currency
 Support should appear near the 13460 to 13340 region. Below that a test of 13100 to 13040 is likely   
Resistance should appear near 13615 and the 13770 to 13830 region   

dec SWISS FRANC
 Resistance should appear near 10960 to 11010 and 11155      
Support should appear near 10680 to 10580     

DEC BRITISH POUND
Support should appear near the 15350 to 15290 region
Resistance should appear near 15690 to 15760   
DEC CanadIAN Dollar
 Resistance should appear near 9641 and 9706 to 9737
Support should appear near 9445 to 9429 and 9347 to 9316.  

DEC AUSSIE DOLLAR
 Resistance should appear near 9921 to 9937
Support should appear near 9641 to 9625

                              The Precious Metals
 FEBURARY gold
 Resistance should appear near  1731 to 1738      
Support is near 1655 to 1642

MARCH COPPER
 Resistance should appear near 33770 to 33860 
Support should appear near 31570 to 31480  
    
MARCH Silver 
 Resistance should appear near 3319 to 3328
Support is at 3045 to 3034 

 

 

 

 

 

 

 

 

                                      The Exciting Energies  
January CRUDE Oil
Resistance should appear near 9821 9837 and the 10021 to 10037 region.   
Support should appear near 9347 to 9316 and 9156 to 9140

January HeaTING Oil
 Support should appear near 29370 to 29280 and the 28830 to 28740 region BW Traders can buy at 28850 for a bounce and hold for higher prices
Resistance should appear near 30450 and 30920 to 31020            
January UNLEADED Gas
 Support should appear at 24690 to 24610 and the 24190 to 24110 region     
Resistance should appear near the 26120 to 26200 region.   

January  NATURAL Gas
Support should appear at 3386 to 3377 and the 3213 to 3194 region         
Resistance should appear near 3613 to 3623 and 3734 to 3743 . Which should cap a rally                                                                   
                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1136 to 1130   
Resistance should appear near 1164 to 1169  

JANUARY SOYMEAL
Resistance should appear near 297.2 to 299.0               
Support should appear near the 282.9 to 282.0 region

JANUARY BEAN OIL
Resistance should appear near 5127 to 5139      
Support should appear near the 4926 to 4915 region

MARCH CORN
Resistance should appear near 616 ½ to 619 and 633 ¾ to 635          
Support should appear 603 ½ to 602 ¾ and the 588 to 585 ½ region    
 
MARCH WHEAT
Resistance should appear near 633 ¾ to 635 and 641 ¾ to 643.     
Support should appear near 602 ¼ and the 588 to 585 ½ region  
 
                                        THE LIVELY LIVESTOCK
 FEB CATTLE
Support should appear near 12157 and 12030
Resistance should appear near 12380 and 12530

FEB HOGS
Support should appear near 9042 to 9062 and the 8967 to 8932  region
Resistance should appear near 9137 to 9162 and the 9317 to 9347 region
                              
                      The Satisfying Softs
 MARCH COFFEE
Support should appear near 23220 to 23150 and the 22750 to 22610 region
Resistance should appear near 24110 to 24190 and the 24610 to 24690 region.  Traders can sell at 24100 and hold for lower prices.  , BW Traders should go short if a close under 235.00 occurs.
Stay tuned for flashes
 
MARCH COCOA
Resistance should appear near 2461 to 2469 and 2511 to 2519. Beyond that sellers should appear near 2552 to 2568. BW Traders can sell at 2550 and hold for lower prices.             
Support should appear near 2419 to 2411 and the 2370 to 2354 region. Below that a test of 2275 to 2267 is likely.       

MARCH SUGAR
Support is at the 2275 to 2267 region. Below that a test of 2185 to 2170 is likely       
Resistance should appear near the 2461 to 2469 region. Beyond that 2511 to 2519 should cap a rally.

MARCH COTTON
Resistance should appear near 9140 to 9156 and 9316 to 9347
Support should appear 8871 to 8856. Below that a test of 8589 to 8560 is likely.  
BW Traders can buy at 8590 for a bounce and risk a close under 8290 for three days in a row.     
              --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Tuesday November 22, 2:30 PM South Florida Beach Time