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FuturesCom
Morning Futures and Investment Comments
Wednesday November 09, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.

-- Winston Churchill --
        

Tuesday  November 8, 2011

3:00 PM South Florida Beach Time 

                        The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,030.00 to 11,920.00
 Resistance should appear near the 12,320.00 to 12,380.00 region

DEc E-Mini sp500
 Resistance should appear near 1268.00 to 1274.00 and the 1304.00 to 1310.00 region
Support should appear near 1238.00 to 1232.00 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 2758.00 to 2775.00 region
Support should appear near 2716.00 and 2672.00 to 2663.00

DEc E-Mini NasdaQ 100
 Resistance should appear near 2411.00 to 2419.00 and cap a rally.      
Support should appear near 2322 to 2315.00

Dec E-Mini RUSSELL 2000
 Resistance should appear near 759.70 to 760.10.
Support should appear near 734.20 to 732.80


DEC 30 YR BOND
Resistance should appear near 141-07 and 141-21.
Support should appear near 140-07 and 139-21.

DEC 10 yr Note
 Resistance should appear near 130-21. Beyond that sellers should appear near 131-07
Support should appear near 129-21 and 128-21. 
                           The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7763 to 7777.       
Support should appear near 7675 and 7601 to 7589.     
BW Traders should go long if a close over 7779 occurs.
 
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 13830 to 13770   
Resistance should appear near 13917 and 14150 to 14210
BW Traders can sell at 14145 and hold for lower prices.    

 dec SWISS FRANC
 Resistance should appear near 11300 to 11360       
Support should appear near 11010 to 10960     

DEC BRITISH POUND
Support should appear near 15760 to 15690
Resistance should appear near 16090 to 16150.

DEC CanadIAN Dollar
 Resistance should appear near 9921 to 9937
Support should appear near the 9737 to 9706 region.

DEC AUSSIE DOLLAR
 Resistance should appear near 10360 and 10580 to 10680
Support should appear near 10136 to 10104 and 10037 to 10021

                             The Precious Metals
 december gold
 Resistance should appear near the 1808.0 to 1822.0 region.     
Support is near 1738.0 to 1731.0  

DEC COPPER
 Resistance should appear near 36130 to 36230 and the 36630 to 36830 region  
Support should appear near 34430 to 34250 and the 33860 to 33770 region
    
DEC Silver 
 Resistance should appear near 3493 to 3503 and 3553 to 3563  
Support is at 3328 to 3319 and 3213 to 3194. BW Traders can buy the SLV ETF at 3160 and hold for higher prices

                                      

                                 The Exciting Energies  
December CRUDE Oil
Resistance should appear near 9706 to 9737 and 9821 to 9837
Aggressive BW traders can sell at 9705 and hold for lower prices...
Support should appear near 9542 to 9526 and 9347 to 9316 

DECEMBER HeaTING Oil
 Support should appear near 29900 to 29720
Resistance should appear near the 31480 to 31570 region          

DECEMBER UNLEADED Gas
 Support should appear at 26200 to 26120      
Resistance should appear near 27580 to 27750 and the 28200 to 28290 region.  

DECEMBER  NATURAL Gas
Support should appear at 3623 to 3613 region      
Resistance should appear near 3858 to 3867                                                                    

                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1203 to 1192 , below that buyers should appear near 1169 to 1164
Resistance should appear near 1232 to 1238 and 1268 to 1274.. BW Traders can sell at 1231 and hold for lower prices... Initially Risk a close over 1255 for three days in a row

DECEMBER SOYMEAL
Resistance should appear near 314.8 to 315.7              
Support should appear near 304.5 to 303.6  

DECEMBER BEAN OIL
Resistance should appear near  5200 to 5211and the 5259 to 5282 region      
Support should appear near 5067 to 5056 and the 4995 to 4973 region

DEC CORN
Resistance should appear near 665 ¾ to 667 ¼ and the 674 ¾ to 675 ½ region       
Support should appear 643 to 641 ¾ and 635 to 633 ¾   
 
DECEMBER WHEAT
Resistance should appear near the 665 ¾ to 667 ¼ region.     
Support should appear 619 to 616 ½
   
                                       THE LIVELY LIVESTOCK
 DEC CATTLE
Support should appear near 12030 to 11920 
Resistance should appear near  12320 to 12380 and 12530

DEC HOGS
Resistance should appear near  8667 to 8682 and 8762 to 8777  
Support should appear near 8502 to 8482 and the 8407 to 8382 region . 

FEB HOGS
Resistance should appear near 8852 to 8872  
Resistance should appear near  8687 to 8667      
                                 The Satisfying Softs
 MARCH COFFEE
Support should appear near 23220 to 23150 and the 22750 to 22610 region
Resistance should appear near 23700 and 24110 to 24190 region... 
BW Traders can sell at 24100 and hold for lower prices.  ,
BW Traders should go short if a close under 231.00 occurs. Stay tuned for flashes
 
MARCH COCOA
Resistance should appear near 2820 to 2829 and the 2928 to 2937 region           
Support should appear near 2672 to 2663 and 2568 to 2552.     

MARCH SUGAR
Resistance is at 2620 and 2716 to 2729 Beyond that sellers should appear near
2820 to 2829 and cap a rally      
Support should appear near 2519 to 2511 and the 2419 to 2411 region. 

MARCH COTTON
Resistance should appear near 9921 to 9937
Support should appear 9445 to 9429 
 
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Tuesday November 8, 3:30 PM South Florida Beach Time