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FuturesCom
Morning Futures and Investment Comments
Thursday November 10, 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 --
        
Wednesday November 9, 2011

3:00 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 and 11,500
 Resistance should appear near 11,805.00 and the 11,920.00 to 12,030.00 region

DEc E-Mini sp500
 Resistance should appear near 1232.00 to 1238.00
Support should appear near 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 2612.00 and 2568.00 to 2552.00

DEc E-Mini NasdaQ 100
 Resistance should appear near 2354.00to 2370.00.      
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 741.40 to 742.80 .
Support should appear near 708.80 to 707.40 and 691.90 to 690.60


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

DEC 10 yr Note
 Resistance should appear near 131-07 and 131-21
Support should appear near 129-21 and 128-21. 
                           The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7930 to 7954.       
Support should appear near 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 11300 to 11360       
Support should appear near  10820 and 10680 to 10580     

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

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

DEC AUSSIE DOLLAR
 Resistance should appear near 10237 and 10320 to 10360
Support should appear near 10037 to 10021

                             The Precious Metals
 december gold
 Resistance should appear near 1774.0 to 1780.0 and the 1808.0 to 1822.0 region.     
Support is near 1738.0 to 1731.0  

DEC COPPER
 Resistance should appear near 34250 to 34420 and 34930 to 35030  
Support should appear near 33860 to 33770 and 32700 to 32610
    
DEC Silver 
 Resistance should appear near 3425 to 3443 and 3493 to 3503  
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
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 and 25680 to 25520      
Resistance should appear near 26630 to 26720 and 27580 to 27750  

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 1169 to 1164
Resistance should appear near 1192 to 1203

DECEMBER SOYMEAL
Resistance should appear near 309.2 to 310.2              
Support should appear near 299.0 to 297.2   

DECEMBER BEAN OIL
Resistance should appear near 5127 to 5139 and 5200 to 5211      
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 12155 and 12030 to 11920 
Resistance should appear near  12320 to 12380

DEC HOGS
Resistance should appear near 8567 to 8582 and the 8667 to 8682 region.  
Support should appear near 8502 to 8482 and the 8407 to 8382 region. 

FEB HOGS
Resistance should appear near 8762 to 8777  
Resistance should appear near  8592 to 8562       
                                 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 2663 to 2672           
Support should appear near 2568 to 2552.     

MARCH SUGAR
Resistance is at 2612 to 2620      
Support should appear near 2519 to 2511  

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
 Wednesday November 9, 4:30 PM South Florida Beach Time