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FuturesCom
Morning Investment Comments
Thursday October 27, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

           “Courage in a Speculator is merely confidence to act on the decision of his mind”

Wednesday October 26, 2011

1:00 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
Resistance should appear near 11,920.00 to 12,030.00
DEc E-Mini sp500
 Resistance should appear near  1238.00 and 1253.00
Support should appear near  the 1203.00 to 1192.00 region
BW Traders can buy at 1203.50 and hold for higher prices.

NAsdaq Composite
Resistance should appear near 2663.00 to 2672.00  
Support should appear near the 2620.00 to 2612.00 region 

DEc E-Mini NasdaQ 100
 Resistance should appear near 2354.00 to 2370      
Support should appear near  2275.00 to 2267.00  

Dec E-Mini RUSSELL 2000
 Resistance should appear near 724.20 to 725.50 and 732.80 to 734.20
Support should appear near 717.00 to 714.30 and the 708.80 to 707.40 region

DEC 30 YR BOND
Resistance should appear near 140-07 and 140-21.
Support should appear near 138-21 and 138-07

 DEC 10 yr Note
 Resistance should appear near 129-21 and 130-07
Support should appear near 127-21 and 127-07 

                            The Frenzied Forex Front
 dec dOLLAR iNDEX
 Resistance should appear near 7675.00 to 7689       
Support should appear near 7601 to 7589     
 
dec JAPANESE Yen
 Resistance should appear near 13340 to 13460.
BW Traders can sell at 13335 and hold for lower prices.  
Support should appear near 13100 to 13040                 

dec EURO currency
 Support should appear near 13830 to 13770
Resistance should appear near 14150 to 14210

 dec SWISS FRANC
 Resistance should appear near  11500 and 11640 to 11690      
Support should appear near 11300 and 11155     

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 and the 10021 to 10037 region
Support should appear near 9837 to 9821 and the 9737 to 9706 region

DEC AUSSIE DOLLAR
 Resistance should appear near 10360 and 10470
Support should appear near 10320 and 10185

                              The Precious Metals
 december gold
 Resistance should appear near 1731 to 1738.     
Support is near 1696 to 1689   

DEC COPPER
 Resistance should appear near 35530 to 35630  
Support should appear near 34430 to 34250   
     
DEC Silver 
 Resistance should appear near 3493 to 3503
Support is at 3213 to 3194


 

                                      The Exciting Energies  

December CRUDE Oil
Resistance should appear near 9316 to 9347
Support should appear near 8964 to 8934 

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 25680 to 25520   
Resistance should appear near 27580 to 27750  

DECEMBER NATURAL Gas
Support should appear at 3743 to 3734 and 3623 to 3613 region      
Resistance should appear near 3858 to 3867 and 3909 to 3929 region. Which should cap a rally                                                                   

                                THE GRANDE’ GRAINS
 JANAUARY SOYBEANS
Support should appear near 1203 to 1192
Resistance should appear near 1232 to 1238

DECEMBER SOYMEAL
Resistance should appear near 319.4 to 321.3 and 326.1 to 327.0            
Support should appear near 315.7 to 314.8 and 310.2 to 309.2   

DECEMBER BEAN OIL
Resistance should appear near 5127 to 5139 and 5200 to 5211      
Support should appear near 5067 to 5056 and 4995 to 4973

DEC CORN
Resistance should appear near 641 ¾ to 643 and 657 ¾ to 659 ¼        
Support should appear 635 to 633 ¾ and 619 to 616 ½  
 
DECEMBER WHEAT
Resistance should appear near 633 ¾ to 635 and 648 ¾ to 650 ¾ .       
Support should appear 619 to 616 ½ and 603 ½ to 602 ¾
BW Traders can buy at 604 ¾ and hold for higher prices.

                                        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 and 8857 to 8872 
Support should appear near 8682 to 8667 and the 8592 to 8562 region

FEB HOGS
Support should appear near 8872 to 8857  
Resistance should appear near 9042 to 9062                                  

                                  The Satisfying Softs
 DEC COFFEE
Support should appear near 23220 to 23150 and 22750 to 22670 . 
Resistance should appear near 23540 to 23700 and 24110 to 24190   
 
DEC COCOA
Resistance should appear near the 2716 to 2724 region          
Support should appear near 2568 to 2552     

 

 

 

MARCH SUGAR
Resistance is at 2663 to 2672 and 2758 to 2775     
Support should appear near 2620 to 2612 and 2568 to 2552

DEC COTTON
Resistance should appear near 10021 to 10037 then 10105 to 10135 and 10320 to 10360
BW Traders can sell at 10105 and hold for lower prices.
Support should appear 9837 to 9821 and 9737 to 9706 
 
   
            --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Wednesday October 26, 2:05 PM South Florida Beach Time