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Premier Service
Description
of Services
FuturesCom
Investment Publications
Morning
Comments Friday November
30th 2001
Experienced
Since 1979 - Serving Professional and Individual Traders World Wide since 1988
7690
Rockport Circle, Lake Worth, Florida 33467 Tel: 1-561-433-2995
http://www.futurescom.com
Morning
Comments
Thursday November 29th, 2001
4:00
PM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near
8081 below that buyers should emerge from the woodwork near 8044 to 8029
Resistance
should appear near 8119 to 8134, a close over is friendly and augurs
for a test of 8164 and the 8194 to 8225 region.
December
Euro FX
Recommended open position long 2 at 8910
Support
is at
8856 then 8818 and 8777
to 8762 ..
Resistance
is
at the 8887 then 8901 and the 8934 to 8964 region
December
Swiss Franc
Recommended Open Position Long at 6035
Support should appear near 6034 to
6023 and 5998
December
British Pound
Support
should appear near 1.4210
to 1.4150
Resistance is at 1.4286 and
1.4336
December
Canadian Dollar
Support
should appear at 6305 and 6270 to 6256
Resistance
is at 6337 to 6350
December Australian Dollar
Support is
5139 to 5127
Resistance should appear near 5200 to 5211 .
The Sensational Bond and
Stock Markets
March
10 Year
T-Note
Support
is at 106-12 to 106-07
Dow Jones Industrial Average
Resistance should appear 9837 and
9879, beyond that sellers should appear near 9921 to 9937 and the 10,021 to
10037 region
Support is
at 9821 and 9783
December
SP500
Recommended Position
Short 4 1094.70
Resistance should appear near 1150 and the 1164 to 1169
region ..BW Traders can sell at 1166.40 for a turn lower, risk a close over 1169
for three days in a row.
Support should appear near
1143 and 1136 to 1133
Nasdaq Composite
Resistance should
appear near the 1946 to 1953 region. Beyond that 1982 to 1996 should
cap a rally for a bit..
Support is at 1909 to 1902 and 1882
December Mini- Nasdaq 100
Resistance is
at 1609 to 1615 then 1642 to 1655
Support is at 1591.5 and 1576 to 1569
Precious
Metals
Feb
Gold
Recommended Open Position : Long
2 at 274.6 avg
Support should
appear near 272.5 to 271.6 Below that buyers should appear near
267.2 to 266.3 and the 262 to 261.2 region
Resistance
is
at 275.5 to 277.5, a close over
277.5 is friendly and
augurs for a test of 282 to 282.8..
Resistance
should appear near 7255
and 7325 to 7345 .. Beyond that a test of 7415 to 7430 is
likely. .
Support
should appear near 7170 to 7140 and 7090 to 7075 .
March Silver
Recommended Position Long
at 406
Support should appear near 405.5 to 404.5
.
Resistance
is at 416.5 to 418.5 and 423.5 to 424.5
The
Exciting Energies
January
Crude Oil
Resistance
should appear near 1858 to 1865 and 1902 to 1909
Support
is at 1822 to 1808 and 1780 to 1774
January Unleaded Gas
Support should appear near 5250 and the
5070 to 5035 region
Resistance
is at 5345 to 5355 and 5415 to
5430
Stay tuned for Updates..
January
Heating Oil
Resistance
is at 5345 to 5355 and the 5490 to 5505 region
Support
should appear
near 5255 and 5210 to 5200 under that 5140 to 5125 should contain a
decline
Trade Accordingly
The
Lively Livestock Markets
Feb
Cattle
Recommended open position: Short at 7072
Support
should appear near 7002 to 6987 and 6922
to 6907
Resistance
is should
appear near 7072 to 7087 and the 7142 to 7172 region..
February Lean Hogs
Support is at 5432 to 5417 and
5357 to
5347
Resistance
is at the 5492 to 5507 region.. Beyond that a test of 5552 to
5577 is likely
February Pork Bellies
Support
should
appear near 7862 to 7832 and 7777 to 7762 under that 7687 to 7672
should hold...
Resistance
is
at 7937 to 7957 and the 8027 to 8047
region..
Stay
tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
January
Soybeans
Recommended
Position Long 444 3/4
Resistance
is at 437 to 438 1/4 and 442 1/2 to 444 1/4
Support
should appear near 430 1/2 to 430
January
Soybean Meal
Resistance
should appear near the 152.9
to 153.5 .
Support
should appear near 149.6
to 148.4
January
Soybean Oil
Support
is near 1576 to 1569
Resistance
should appear near 1609 to 1615
March
Corn
Resistance should appear near 212 3/4
to 213 1/2
Support should appear near
the 208 1/2 to 208.
March
Wheat
Recommended Open Position Long 2 at 287 3/4 avg
Resistance
is at 282 to 282 1/2
The Satisfying Softs
March
Cotton
Resistance is at the 3990 to 3995 and 4045
to 4055.
March Coffee
Support is
near 4515 to 4505 and the 4445 to 4425 region.
Resistance
should appear near the 4635 to 4650
region
March
Sugar
Resistance
should appear near the 791 to 795 region.
Support
should appear
near 767 to 763 and 751
March
Cocoa
Resistance
should appear near 1377 to 1383. Beyond that a sellers should come out of
the woodwork near
1415 to 1421 and cap a rally.. .
Support
is at 1346 to 1334 under that 1310 to 1304 should
hold ..
A
Ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Thursday
November 29th, 2001
5:00 PM
ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR
TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES TRADING ARE 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. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY.
ADDITIONAL RISK DISCLOSURE IS AVAILABLE.
-----------------------------------------------------------------------------------------
Premier
Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 11-29-2001
Long 15 Dec EC 8926 avg
Long 10 Dec Swiss Franc 6039
Short 4 Dec SP500 1141 avg
Long 10 Feb Gold 274.0
Long 20 Jan Beans 445 3/4 avg
Long 20 March Wheat 287 3/4 avg
Long 5 Dec Hogs 5030
Long 5 Feb hogs 5445
Long 5 March Coffee 4905
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 11-29-2001
Short 8 Dec SP500 1122.60 avg
Morning Comment Day Trades (MC):
http://www.futurescom.com/mcper01.html