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FuturesCom
Morning Futures and Investment Comments
Monday December 12, 2011 

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

 

     

 

 

 

 

 

 

 

 

 

 

 

 

  

    

  

     

      

      

 

 

 

 

“

"Observation, experience memory and mathematics--These are what a successful trader must depend on. He Must not only observe accurately but remember at all times what he has observed. He cannot bet on the unreasonable or on the unexpected, however strong his personal convictions maybe about man's unreasonableness or however certain he may feel that the unexpected happens very frequently. He must bet always on probabilities--that is try to anticipate them. Years of practice at the game, of constant study, of always remembering, enables the trader to act when the unexpected happens as well as when the expected comes to pass. A man can have great mathematical ability and unusual power of accurate observation and yet fail in speculation unless he also possesses the experience and memory " --Reminiscences of a Stock operator- 1929

 

 

Sunday December 11, 2011

11:30 AM South Florida Beach Time                                   


                          The Sensational Stock and Bond Markets
Dow Jones Industrial Average
 Support should appear near 12,030.00 to 11,920.
 Resistance should appear near  the 12,320.00 to 12,380.00 region
march DEc E-Mini sp500
 Resistance should appear near 1253.00 and the 1268.00 to 1274.00 region
Support should appear near 1238.00 to 1232 00 and 1217.50

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

march E-Mini NasdaQ 100
 Resistance should appear near 2338.00 and the 2354.00 to 2370.00 region       
Support should appear near 2315.00 and the 2275.00 to 2267.00 region

march E-Mini RUSSELL 2000
 Resistance should appear near 748.60 to 751.30 and 759.70 to 760.10
Support should appear near  734.20 to 732.80  and 717.00 to 714.30   


MARCH 30 YR BOND
Resistance should appear near 141-21 and 142-21
Support should appear near 141-07 and 139-21

MARCH 10 yr Note
 Resistance should appear near 130-21 and 131-21
Support should appear near 129-21 and 129-07.  

                          The Frenzied Forex Front
 March dOLLAR iNDEX
 Resistance should appear near 8029 to 8044         
Support should appear near 7907 and 7864 to7836       

 march 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                  

march EURO currency
 Support should appear near 13340 and 13220      
Resistance should appear near 13460 and 13615    
Stay tuned for Flashes

march SWISS FRANC
 Resistance should appear near 10960 to 11010 and should continue to cap rallies.
BW Traders can sell at 10957 and hold for lower prices.
Support should appear near 10680 to 10580      

MARCH BRITISH POUND
Support should appear near the 15350 to 15290 region
Resistance should appear near 15690 to 15760.

MARCH CanadIAN Dollar
 Resistance should appear near 9821 to 9837
Support should appear near 9737 to 9706

MARCH AUSSIE DOLLAR
 Resistance should appear near 10136 and 10320 to 10360 
Support should appear near 10037 to 10021, below that a test of 9937 to 9921 is likely 

                              The Precious Metals
 FEB gold
 Resistance should appear near  1731 to 1738 and 1756       
Support is near 1696 to 1689 and 1655 to 1642
BW Traders can buy at 1701 and hold for higher prices.   
MARCH COPPER
 Resistance should appear near the 36130 to 36220 region
Support should appear near the 34430 to 34250 region.
    
MARCH Silver 
 Resistance should appear near 3261 to 3270 and 3319 to 3328
Support is at 3102 to 3092 and 3045 to 3034

                                      The Exciting Energies  
FEB CRUDE Oil
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9837 to 9821 and 9737 to 9706

february HeaTING Oil
 Support should appear near the 28830 to 28720 region
Resistance should appear near 30360 to 30450             
february UNLEADED Gas
 Support should appear at the 25680 to 25520 and the 25190 to 25110 region
Resistance should appear near the 26630 to 26720.   

february NATURAL Gas
Support should appear at 3213 to 3194          
Resistance should appear near 3425 to 3443                                                                    
                                THE GRANDE’ GRAINS
 MARCH SOYBEANS
Support should appear near 1101 to 1096   
Resistance should appear near 1130 to 1136  

MARCH SOYMEAL
Resistance should appear near 287.4 to 288.3               
Support should appear near the 277.5 to 275.8 region


 

MARCH BEAN OIL
Resistance should appear near 5056 to 5067 and 5127 to 5139.        
Support should appear near 4973 and the 4926 to 4915 region    
Aggressive BW traders can buy at 4930 and risk a close under 4842

MARCH CORN
Resistance should appear near 602 ¼ to 603 ½ and 610 ¼ to 611 ¼             
Support should appear 588 to 585 ½, a close under is negative and augurs for a test of the
572 ¾ to 571 ¾ region    
 
MARCH WHEAT
Resistance should appear near 610 ¼ to 611 ¼ and 616 ½ to 619       
Support should appear near 595 �� to 594 �� and the 588 to 585 �� region
   

                                       THE LIVELY LIVESTOCK
 FEB CATTLE
Support should appear near the 11690 to 11640 region   
Resistance should appear near 11857 and the 11920 to 12030 region     

FEB HOGS
Support should appear near 8592 to 8557 and the 8502 to 8482 region
Resistance should appear near 8667 to 8682 and the 8762 to 8777 region   
  

                      The Satisfying Softs
 MARCH COFFEE
Support should appear near 22260 to 22190 and 21850 to 21700
Resistance should appear near 23150 to 23220 and 23540 to 23700

MARCH COCOA
Resistance should appear near 2080 to 2089 and 2124 to 2134  
Support should appear near  2042 to 2034 and the 1996 to 1982 region          

MARCH SUGAR
Support is at the 2322 to 2315 region       
Resistance should appear near 2461 to 2469  

MARCH COTTON
Resistance should appear near 9140 to 9156 and the 9316 to 9347 region
Support should appear 8964 to 8934 and 8777 to 8762       

 

              --A Ship in Harbor is Safe...But that is not what ships are built for --
Happy Trading!   
Bill wil@futurescom.com
 Sunday December 11, 12:45 PM South Florida Beach Time