The December NASDAQ 100 closed higher on Friday and above October's high crossing at 1779.25. The high-range close sets
the stage for a steady to higher opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish
signaling that additional strength is possible near-term. If December extends this week's rally, the 75% retracement level of the
2007-2008-decline crossing at 1947.00 is the next upside target. Closes below the 20-day moving average crossing at 1732.81
would temper the near-term friendly outlook. First resistance is Thursday's high crossing at 1793.50. Second resistance is the
75% retracement level of the 2007-2008-decline crossing at 1947.00. First support is the 10-day moving average crossing at
1735.97. Second support is the 20-day moving average crossing at 1732.81.
The December S&P 500 index closed higher on Friday as it consolidated some of Thursday's decline. The high-range close sets
the stage for a steady to higher opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish
signaling that additional strength is possible near-term. If December extends this week's rally, the 50% retracement level of the
2007-2008-decline crossing at 1112.80 is the next upside target. Closes below the 20-day moving average crossing at 1069.95
would signal that a short-term top has been posted. First resistance is Wednesday's high crossing at 1103.20. Second resistance
is the 50% retracement level of the 2007-2008-decline crossing at 1112.80. First support is the 20-day moving average crossing
at 1069.95. Second support is this month's low crossing at 1026.20.
The Dow closed higher on Friday as it consolidated some of Thursday's decline. The high-range close sets the stage for a steady
to higher opening on Monday. Stochastics and the RSI are overbought and are turning neutral to bearish hinting that a short-
term top might be in or is near. If the Dow extends this month's rally, the 62% retracement level of the 2007-2008-decline
crossing at 11249 is the next upside target. Closes below the 20-day moving average crossing at 9996 would confirm that a
short-term top has been posted. First resistance is Wednesday's high crossing at 10341. Second resistance is the 62%
retracement level of the 2007-2008-decline crossing at 11249. First support is the 10-day moving average crossing at 10060.
Second support is the 20-day moving average crossing at 9996.
NTEREST RATES http://quotes.ino.com/exchanges/?c=interest
December T-bonds closed up 17/32's at 119-14.
December T-bonds closed higher on Friday and above the 20-day moving average crossing at 119-05. The high-range close sets
the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher
prices are possible near-term. If December extends this week's rally, the reaction low crossing at 120-08 is the next upside
target. Closes above the reaction high crossing at 120-08 are needed to confirm that a short-term low has been posted. First
resistance is today's high crossing at 119-14. Second resistance is the reaction high crossing at 120-08. First support is last
Friday's low crossing at 117-25. Second support is the reaction low crossing at 117-20.
ENERGY MARKETS http://quotes.ino.com/exchanges/?c=energy
December crude oil closed lower on Friday and tested support marked by the 38% retracement level of the 2008-2009-decline
crossing at 84.64. The low-range close sets the stage for a steady to lower opening on Monday. If December extends this week's
decline, the 50% retracement level of this fall's rally crossing at 73.76 is the next downside target. Closes above Tuesday's high
crossing at 80.51 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing
at 78.62. Second resistance is the 20-day moving average crossing at 79.04. First support is today's low crossing at 75.57.
Second support is the 50% retracement level of this fall's rally crossing at 73.76.
December heating oil closed lower on Friday and below the reaction low crossing at 197.62 confirming that an important top
has been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain
bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the 50%
retracement level of this fall's rally crossing at 193.93 is the next downside target. Closes above Tuesday's high crossing at
209.05 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 203.95.
Second resistance is Tuesday's high crossing at 209.05. First support is today's low crossing at 195.04. Second support is the
50% retracement level of this fall's rally crossing at 193.93.
December unleaded gas closed lower on Friday as it extended Thursday's decline. The low-range close sets the stage for a
steady to lower opening on Monday. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible
near-term. If December extends this week's decline, the 50% retracement level of this fall's rally crossing at 186.91 is the next
downside target. Closes above the 20-day moving average crossing at 199.84 would confirm that a short-term low has been
posted. First resistance is the 10-day moving average crossing at 197.22. Second resistance is the 20-day moving average
crossing at 199.85. First support is the reaction low crossing at 190.26. Second support is the 50% retracement level of this
fall's rally crossing at 186.91.
December Henry natural gas closed higher due to short covering on Friday after spiking below September's low crossing at
4.340. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but
remain neutral to bearish signaling that additional weakness is still possible near-term. If December extends this week's decline,
weekly support crossing at 3.864 is the next downside target. Closes above the 10-day moving average crossing at 4.626 are
needed to confirm that a low has been posted. First resistance is the 10-day moving average crossing at 4.626. Second resistance
is the 20-day moving average crossing at 5.025. First support is today's low crossing at 4.287. Second support is weekly
support crossing at 3.864.
CURRENCIES
The December Dollar closed lower on Friday as it consolidates below the 20-day moving average crossing at 75.80. The low-
range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are oversold and are turning neutral
to bullish hinting that a low might be in or is near. If December extends this month's decline, weekly support crossing at 73.39
is the next downside target. Closes above Thursday's high crossing at 75.88 would temper the near-term bearish outlook in the
market. First resistance is the 20-day moving average crossing at 75.80. Second resistance is last Tuesday's high crossing at
77.50. First support is Wednesday's low crossing at 74.86. Second support is weekly support crossing at 73.39.
The December Euro closed higher due to short covering on Friday as it consolidated some of Thursday's decline. The high-
range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bearish signaling that
sideways to lower prices are possible near-term. Closes below Thursday's low crossing at 148.200 would temper the near-term
friendly outlook in the market. If December renews this month's rally, October's high crossing at 150.620 is the next upside
target. First resistance is Wednesday's high crossing at 150.480. Second resistance is October's high crossing at 150.620. First
support is Thursday's low crossing at 148.200. Second support is the reaction low crossing at 146.240.
The December British Pound closed higher on Friday as it consolidated some of Wednesday's decline. The high-range close sets
the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bearish hinting that sideways to lower
prices are possible near-term. Closes below the 20-day moving average crossing at 1.6509 would confirm that a short-term top
has been posted. If December renews this month's rally, August's high crossing at 1.7028 is the next upside target. First
resistance is Monday's high crossing at 1.6839. Second resistance is August's high crossing at 1.7028. First support is the 20-
day moving average crossing at 1.6509. Second support is the reaction low crossing at 1.6258.
The December Swiss Franc closed higher due to short covering on Friday as it consolidated some of Thursday's decline. The
high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain neutral to bullish
signaling that sideways to higher prices are possible near-term. If December extends this week's rally, October's high crossing
at .9971 is the next upside target. Closes below Thursday's low crossing at .9811 would confirm that a short-term top has been
posted. First resistance is Wednesday's high crossing at .9967. Second resistance is October's high crossing at .9971. First
support is Thursday's low crossing at .9811. Second support is the reaction low crossing at .9675.
The December Canadian Dollar closed higher due to short covering on Friday as it consolidated some of Thursday's decline.
The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are neutral to bullish signaling that
sideways to higher prices are possible near-term. If December extends this month's rally, October's high crossing at 97.98 is the
next upside target. Closes below the 10-day moving average crossing at 94.30 are needed to confirm that a short-term top has
been posted. First resistance is Thursday's high crossing at 95.99. Second resistance is October's high crossing at 97.98. First
support is the 10-day moving average crossing at 94.30. Second support is the reaction low crossing at 92.74.
The December Japanese Yen closed higher on Friday as it consolidates above the 20-day moving average. The high-range close
sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are neutral to bullish signaling that additional
gains are possible. If December extends this week's rally, the reaction high crossing at .11261 is the next upside target. Closes
below the 20-day moving average crossing at .11027 are needed to confirm that a short-term top has been posted. First
resistance is Wednesday's high crossing at .11202. Second resistance is the reaction high crossing at .11261. First support is
Thursday's low crossing at .11036. Second support is the 20-day moving average crossing at .11027.
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December gold closed higher on Friday as it extends this month's rally. The high-range close sets the stage for a steady to
higher opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that additional gains
are possible near-term. Closes below the 20-day moving average crossing at 1072.30 are needed to confirm that a short-term top
has been posted. First resistance is Thursday's high crossing at 1123.40. First support is the 10-day moving average crossing at
1095.30. Second support is the 20-day moving average crossing at 1072.30.
December silver closed higher due to short covering on Friday as it extended this month's trading range. The high-range close
sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain neutral to bullish signaling that
sideways to higher prices are possible near-term. If December extends this month's rally, October's high crossing at 18.175 is
the next upside target. Closes below today's low crossing at 17.025 are needed to confirm that a short-term top has been posted.
First resistance is Thursday's high crossing at 17.780. Second resistance is October's high crossing at 18.175. First support is
today's low crossing at 17.025. Second support is the reaction low crossing at 16.120.
December copper closed higher due to short covering on Friday and the high-range close sets the stage for a steady to higher
opening on Monday. Stochastics and the RSI are neutral to bearish hinting that a short-term top might be in or is near. Closes
below the reaction low crossing at 289.50 are needed to confirm that a top has been posted. If December renews last month's
rally, the 75% retracement level of the 2008-2009-decline crossing at 316.36 is the next upside target. First resistance is
October's high crossing at 306.90. Second resistance is the 75% retracement level of the 2008-2009-decline crossing at 316.36.
First support is last Tuesday's low crossing at 289.50. Second support is the reaction low crossing at 275.60.
FOOD & FIBER http://quotes.ino.com/exchanges/?c=food
December coffee closed higher due to short covering on Friday as it consolidated some of this week's decline. The mid-range
close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are oversold but remain bearish signaling
that additional weakness is possible near-term. If December extends this week's decline, the reaction low crossing at 12.53 is the
next downside target. Closes above the 20-day moving average crossing at 13.83 are needed to confirm that a short-term low
has been posted.
December cocoa closed lower on Friday as it extended this week's decline. The mid-range close sets the stage for a steady to
lower opening on Monday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are
possible near-term. If December extends this week's decline, the 38% retracement level of the May-October rally crossing at
29.94 is the next downside target. Closes above the 10-day moving average crossing at 31.74 would confirm that a short-term
low has been posted.
March sugar closed lower on Friday as it consolidates below the 10-day moving average crossing at 22.85. The mid-range close
set the stage for a steady opening on Monday. Stochastics and the RSI are turning bullish signaling that sideways to higher
prices are possible near-term. Closes above the 20-day moving average crossing at 22.98 are needed to temper the near-term
bearish outlook. If March extends this week's decline, October's low crossing at 21.18 is the next downside target.
December cotton closed higher due to short covering on Friday as it consolidated some of this week's decline. The mid-range
close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bearish signaling that sideways to
lower prices are possible near-term. Closes below the reaction low crossing at 66.10 would confirm that a short-term top has
been posted. If December renews this fall's rally, the 50% retracement level of the 2008-decline crossing at 73.41 is the next
upside target.
GRAINS http://quotes.ino.com/exchanges/?c=grains
December Corn closed unchanged at 3.90 1/2.
December corn closed unchanged in subdued trading on Friday. The mid-range close sets the stage for a steady to higher
opening on Monday. Stochastics and the RSI are bullish signaling that additional strength is possible near-term. If December
extends this week's rally, October's high crossing at 4.13 is the next upside target. Closes below the 20-day moving average
crossing at 3.84 1/2 would temper the near-term bearish outlook. First resistance is Wednesday's high crossing at 4.02 1/2.
Second resistance is October's high crossing at 4.13. First support is the 20-day moving average crossing at 3.84 1/2. Second
support is the reaction low crossing at 3.66.
December wheat closed up 7 1/4-cents at 5.39.
December wheat closed higher on Friday as it extended this week's breakout above the 20-day moving average. The high-range
close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that sideways to
higher prices are possible near-term. If December extends this week's rally, October's high crossing at 5.73 is the next upside
target. Closes below last Friday's low crossing at 4.96 1/2 are needed to confirm that a short-term top has been posted. First
resistance is today's high crossing at 5.40. Second resistance is October's high crossing at 5.73. First support is the 20-day
moving average crossing at 5.20 1/2. Second support is last Friday's low crossing at 4.96 1/2.
December Kansas City Wheat closed up 5 1/2-cents at 5.40 1/2.
December Kansas City Wheat closed higher on Friday as it extends this week's rally. The high-range close sets the stage for a
steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that additional gains are possible near-term.
If December extends this week's rally, October's high crossing at 5.73 is the next upside target. Closes last Friday's low
crossing at 5.00 1/4 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 5.45
1/2. Second resistance is October's high crossing at 5.73. First support is the 10-day moving average crossing at 5.24 1/4.
Second support is last Friday's low crossing at 5.00 1/4.
December Minneapolis wheat closed up 7 1/4-cents at 5.55 3/4.
December Minneapolis wheat closed higher on Friday and the high-range close sets the stage for a steady to higher opening on
Monday. Stochastics and the RSI are bullish signaling that additional gains are possible near-term. If December extends this
week's rally, October's high crossing at 5.83 is the next upside target. Closes below the 20-day moving average crossing at 5.38
1/4 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 5.58 1/2. Second
resistance is October's high crossing at 5.83. First support is the 20-day moving average crossing at 5.38 1/4. Second support is
the reaction low crossing at 5.17 3/4.
SOYBEAN COMPLEX
January soybeans closed down 3-cents at 9.87.
January soybeans closed lower on Friday as it posted a downside reversal triggered by late-day profit taking. The low-range
close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bullish despite today's decline
signaling that additional gains are still possible near-term. If January extends this week's rally, October's high crossing at 10.28
is the next upside target. If January renew the decline off last month's high, the 62% retracement level of this fall's rally
crossing at 9.40 1/4 is the next downside target. First resistance is today's high crossing at 10.09. Second resistance is the
reaction high crossing at 10.22. First support is the 10-day moving average crossing at 9.82 1/4. Second support is Tuesday's
low crossing at 9.52 1/2.
December soybean meal closed up $0.10 at $301.10.
December soybean meal closed slightly higher on Friday as it extended Thursday's rally above the 10-day moving average
crossing at 296.40. Profit taking tempered early session gains and the low-range close sets the stage for a steady to lower
opening on Monday. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term.
If December extends this week's rally, August's high crossing at 319.70 is the next upside target. Closes below Tuesday's low
crossing at 284.20 would confirm that a short-term top has been posted. First resistance is today's high crossing at 312.00.
Second resistance is August's high crossing at 319.70. First support is the 20-day moving average crossing at 296.20. Second
support is Tuesday's low crossing at 284.20.
December soybean oil closed up 24 pts. at 38.61.
December soybean oil closed higher on Friday as it extended this week's rally. The high-range close sets the stage for a steady
to higher opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-
term. If December extends this week's rally, October's high crossing at 38.75 is the next upside target. Closes below the 20-day
moving average crossing at 37.61 are needed to confirm that a short-term top has been posted. First resistance is today's high
crossing at 38.65. Second resistance is October's high crossing at 38.75. First support is the 20-day moving average crossing at
37.61. Second support is the reaction low crossing at 36.42.
LIVESTOCK http://quotes.ino.com/exchanges/?c=livestock
December hogs closed up $0.55 at $55.00.
December hogs closed higher due to short covering on Friday as it consolidated some of Thursday's decline but remains below
the 20-day moving average crossing at 55.40. The mid-range close sets the stage for a steady opening on Monday. Stochastics
and the RSI are bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline,
the reaction low crossing at 52.20 is the next downside target. Closes above the 10-day moving average crossing at 56.19 are
needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 55.40.
Second resistance is the 10-day moving average crossing at 56.19. First support is Thursday's low crossing at 54.28. Second
support is the reaction low crossing at 52.20.
February bellies closed up $2.00 at $87.05.
February bellies gapped up and closed above the 10-day moving average crossing at 86.37 on Friday confirming that a short-
term low has been posted. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are
turning neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends this week's rally,
October's high crossing at 91.70 is the next upside target. Closes below Thursday's low crossing at 83.20 would renew the
decline off October's high. First resistance is today's high crossing at 88.05. Second resistance is October's high crossing at
91.70. First support is Thursday's low crossing at 83.20. Second support is the reaction low crossing at 79.25.
December cattle closed up $0.48 at 83.33.
December cattle closed higher due to short covering on Friday as it consolidated some of this week's decline. The high-range
close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but remain neutral to
bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, weekly support
crossing at 81.80 is the next downside target. Closes above the 20-day moving average crossing at 85.82 are needed to confirm
that a short-term low has been posted. First resistance is the 10-day moving average crossing at 84.89. Second resistance is the
20-day moving average crossing at 85.82. First support is today's low crossing at 82.80. Second support is weekly support
crossing at 81.80.
January feeder cattle closed up $0.08 at $92.58.
January Feeder cattle closed higher on Friday due to short covering as it consolidated some of this week's decline. The mid-
range close sets the stage for a steady opening on Monday. Stochastics and the RSI are oversold but remain bearish signaling
that sideways to lower prices are possible near-term. If January extends this week's decline, weekly support crossing at 92.35 is
the next downside target. Closes above the 20-day moving average crossing at 95.45 would confirm that a short-term low has
been posted.
December T-bonds closed up 17/32's at 119-14.
December T-bonds closed higher on Friday and above the 20-day moving average crossing at 119-05. The high-range close sets
the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher
prices are possible near-term. If December extends this week's rally, the reaction low crossing at 120-08 is the next upside
target. Closes above the reaction high crossing at 120-08 are needed to confirm that a short-term low has been posted. First
resistance is today's high crossing at 119-14. Second resistance is the reaction high crossing at 120-08. First support is last
Friday's low crossing at 117-25. Second support is the reaction low crossing at 117-20.
ENERGY MARKETS http://quotes.ino.com/exchanges/?c=energy
December crude oil closed lower on Friday and tested support marked by the 38% retracement level of the 2008-2009-decline
crossing at 84.64. The low-range close sets the stage for a steady to lower opening on Monday. If December extends this week's
decline, the 50% retracement level of this fall's rally crossing at 73.76 is the next downside target. Closes above Tuesday's high
crossing at 80.51 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing
at 78.62. Second resistance is the 20-day moving average crossing at 79.04. First support is today's low crossing at 75.57.
Second support is the 50% retracement level of this fall's rally crossing at 73.76.
December heating oil closed lower on Friday and below the reaction low crossing at 197.62 confirming that an important top
has been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain
bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the 50%
retracement level of this fall's rally crossing at 193.93 is the next downside target. Closes above Tuesday's high crossing at
209.05 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 203.95.
Second resistance is Tuesday's high crossing at 209.05. First support is today's low crossing at 195.04. Second support is the
50% retracement level of this fall's rally crossing at 193.93.
December unleaded gas closed lower on Friday as it extended Thursday's decline. The low-range close sets the stage for a
steady to lower opening on Monday. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible
near-term. If December extends this week's decline, the 50% retracement level of this fall's rally crossing at 186.91 is the next
downside target. Closes above the 20-day moving average crossing at 199.84 would confirm that a short-term low has been
posted. First resistance is the 10-day moving average crossing at 197.22. Second resistance is the 20-day moving average
crossing at 199.85. First support is the reaction low crossing at 190.26. Second support is the 50% retracement level of this
fall's rally crossing at 186.91.
December Henry natural gas closed higher due to short covering on Friday after spiking below September's low crossing at
4.340. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but
remain neutral to bearish signaling that additional weakness is still possible near-term. If December extends this week's decline,
weekly support crossing at 3.864 is the next downside target. Closes above the 10-day moving average crossing at 4.626 are
needed to confirm that a low has been posted. First resistance is the 10-day moving average crossing at 4.626. Second resistance
is the 20-day moving average crossing at 5.025. First support is today's low crossing at 4.287. Second support is weekly
support crossing at 3.864.
CURRENCIES
The December Dollar closed lower on Friday as it consolidates below the 20-day moving average crossing at 75.80. The low-
range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are oversold and are turning neutral
to bullish hinting that a low might be in or is near. If December extends this month's decline, weekly support crossing at 73.39
is the next downside target. Closes above Thursday's high crossing at 75.88 would temper the near-term bearish outlook in the
market. First resistance is the 20-day moving average crossing at 75.80. Second resistance is last Tuesday's high crossing at
77.50. First support is Wednesday's low crossing at 74.86. Second support is weekly support crossing at 73.39.
The December Euro closed higher due to short covering on Friday as it consolidated some of Thursday's decline. The high-
range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bearish signaling that
sideways to lower prices are possible near-term. Closes below Thursday's low crossing at 148.200 would temper the near-term
friendly outlook in the market. If December renews this month's rally, October's high crossing at 150.620 is the next upside
target. First resistance is Wednesday's high crossing at 150.480. Second resistance is October's high crossing at 150.620. First
support is Thursday's low crossing at 148.200. Second support is the reaction low crossing at 146.240.
The December British Pound closed higher on Friday as it consolidated some of Wednesday's decline. The high-range close sets
the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bearish hinting that sideways to lower
prices are possible near-term. Closes below the 20-day moving average crossing at 1.6509 would confirm that a short-term top
has been posted. If December renews this month's rally, August's high crossing at 1.7028 is the next upside target. First
resistance is Monday's high crossing at 1.6839. Second resistance is August's high crossing at 1.7028. First support is the 20-
day moving average crossing at 1.6509. Second support is the reaction low crossing at 1.6258.
The December Swiss Franc closed higher due to short covering on Friday as it consolidated some of Thursday's decline. The
high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain neutral to bullish
signaling that sideways to higher prices are possible near-term. If December extends this week's rally, October's high crossing
at .9971 is the next upside target. Closes below Thursday's low crossing at .9811 would confirm that a short-term top has been
posted. First resistance is Wednesday's high crossing at .9967. Second resistance is October's high crossing at .9971. First
support is Thursday's low crossing at .9811. Second support is the reaction low crossing at .9675.
The December Canadian Dollar closed higher due to short covering on Friday as it consolidated some of Thursday's decline.
The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are neutral to bullish signaling that
sideways to higher prices are possible near-term. If December extends this month's rally, October's high crossing at 97.98 is the
next upside target. Closes below the 10-day moving average crossing at 94.30 are needed to confirm that a short-term top has
been posted. First resistance is Thursday's high crossing at 95.99. Second resistance is October's high crossing at 97.98. First
support is the 10-day moving average crossing at 94.30. Second support is the reaction low crossing at 92.74.
The December Japanese Yen closed higher on Friday as it consolidates above the 20-day moving average. The high-range close
sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are neutral to bullish signaling that additional
gains are possible. If December extends this week's rally, the reaction high crossing at .11261 is the next upside target. Closes
below the 20-day moving average crossing at .11027 are needed to confirm that a short-term top has been posted. First
resistance is Wednesday's high crossing at .11202. Second resistance is the reaction high crossing at .11261. First support is
Thursday's low crossing at .11036. Second support is the 20-day moving average crossing at .11027.
NEW! INO TV - http://tv.ino.com/ - Watch From Your Computer - Avoiding Common Trading Pitfalls by Mark Cook. In this fast-paced video, trading champion Mark Cook shares his ideas for making winning trades. As the first place finisher in the options division of the U.S. Investing Championship, Mark credits research, planning and an attention to detail for his astounding 536% return. http://tv.ino.com/
PRECIOUS METALS http://quotes.ino.com/exchanges/?c=metals
December gold closed higher on Friday as it extends this month's rally. The high-range close sets the stage for a steady to
higher opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that additional gains
are possible near-term. Closes below the 20-day moving average crossing at 1072.30 are needed to confirm that a short-term top
has been posted. First resistance is Thursday's high crossing at 1123.40. First support is the 10-day moving average crossing at
1095.30. Second support is the 20-day moving average crossing at 1072.30.
December silver closed higher due to short covering on Friday as it extended this month's trading range. The high-range close
sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain neutral to bullish signaling that
sideways to higher prices are possible near-term. If December extends this month's rally, October's high crossing at 18.175 is
the next upside target. Closes below today's low crossing at 17.025 are needed to confirm that a short-term top has been posted.
First resistance is Thursday's high crossing at 17.780. Second resistance is October's high crossing at 18.175. First support is
today's low crossing at 17.025. Second support is the reaction low crossing at 16.120.
December copper closed higher due to short covering on Friday and the high-range close sets the stage for a steady to higher
opening on Monday. Stochastics and the RSI are neutral to bearish hinting that a short-term top might be in or is near. Closes
below the reaction low crossing at 289.50 are needed to confirm that a top has been posted. If December renews last month's
rally, the 75% retracement level of the 2008-2009-decline crossing at 316.36 is the next upside target. First resistance is
October's high crossing at 306.90. Second resistance is the 75% retracement level of the 2008-2009-decline crossing at 316.36.
First support is last Tuesday's low crossing at 289.50. Second support is the reaction low crossing at 275.60.
FOOD & FIBER http://quotes.ino.com/exchanges/?c=food
December coffee closed higher due to short covering on Friday as it consolidated some of this week's decline. The mid-range
close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are oversold but remain bearish signaling
that additional weakness is possible near-term. If December extends this week's decline, the reaction low crossing at 12.53 is the
next downside target. Closes above the 20-day moving average crossing at 13.83 are needed to confirm that a short-term low
has been posted.
December cocoa closed lower on Friday as it extended this week's decline. The mid-range close sets the stage for a steady to
lower opening on Monday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are
possible near-term. If December extends this week's decline, the 38% retracement level of the May-October rally crossing at
29.94 is the next downside target. Closes above the 10-day moving average crossing at 31.74 would confirm that a short-term
low has been posted.
March sugar closed lower on Friday as it consolidates below the 10-day moving average crossing at 22.85. The mid-range close
set the stage for a steady opening on Monday. Stochastics and the RSI are turning bullish signaling that sideways to higher
prices are possible near-term. Closes above the 20-day moving average crossing at 22.98 are needed to temper the near-term
bearish outlook. If March extends this week's decline, October's low crossing at 21.18 is the next downside target.
December cotton closed higher due to short covering on Friday as it consolidated some of this week's decline. The mid-range
close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bearish signaling that sideways to
lower prices are possible near-term. Closes below the reaction low crossing at 66.10 would confirm that a short-term top has
been posted. If December renews this fall's rally, the 50% retracement level of the 2008-decline crossing at 73.41 is the next
upside target.
GRAINS http://quotes.ino.com/exchanges/?c=grains
December Corn closed unchanged at 3.90 1/2.
December corn closed unchanged in subdued trading on Friday. The mid-range close sets the stage for a steady to higher
opening on Monday. Stochastics and the RSI are bullish signaling that additional strength is possible near-term. If December
extends this week's rally, October's high crossing at 4.13 is the next upside target. Closes below the 20-day moving average
crossing at 3.84 1/2 would temper the near-term bearish outlook. First resistance is Wednesday's high crossing at 4.02 1/2.
Second resistance is October's high crossing at 4.13. First support is the 20-day moving average crossing at 3.84 1/2. Second
support is the reaction low crossing at 3.66.
December wheat closed up 7 1/4-cents at 5.39.
December wheat closed higher on Friday as it extended this week's breakout above the 20-day moving average. The high-range
close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that sideways to
higher prices are possible near-term. If December extends this week's rally, October's high crossing at 5.73 is the next upside
target. Closes below last Friday's low crossing at 4.96 1/2 are needed to confirm that a short-term top has been posted. First
resistance is today's high crossing at 5.40. Second resistance is October's high crossing at 5.73. First support is the 20-day
moving average crossing at 5.20 1/2. Second support is last Friday's low crossing at 4.96 1/2.
December Kansas City Wheat closed up 5 1/2-cents at 5.40 1/2.
December Kansas City Wheat closed higher on Friday as it extends this week's rally. The high-range close sets the stage for a
steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that additional gains are possible near-term.
If December extends this week's rally, October's high crossing at 5.73 is the next upside target. Closes last Friday's low
crossing at 5.00 1/4 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 5.45
1/2. Second resistance is October's high crossing at 5.73. First support is the 10-day moving average crossing at 5.24 1/4.
Second support is last Friday's low crossing at 5.00 1/4.
December Minneapolis wheat closed up 7 1/4-cents at 5.55 3/4.
December Minneapolis wheat closed higher on Friday and the high-range close sets the stage for a steady to higher opening on
Monday. Stochastics and the RSI are bullish signaling that additional gains are possible near-term. If December extends this
week's rally, October's high crossing at 5.83 is the next upside target. Closes below the 20-day moving average crossing at 5.38
1/4 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 5.58 1/2. Second
resistance is October's high crossing at 5.83. First support is the 20-day moving average crossing at 5.38 1/4. Second support is
the reaction low crossing at 5.17 3/4.
SOYBEAN COMPLEX
January soybeans closed down 3-cents at 9.87.
January soybeans closed lower on Friday as it posted a downside reversal triggered by late-day profit taking. The low-range
close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bullish despite today's decline
signaling that additional gains are still possible near-term. If January extends this week's rally, October's high crossing at 10.28
is the next upside target. If January renew the decline off last month's high, the 62% retracement level of this fall's rally
crossing at 9.40 1/4 is the next downside target. First resistance is today's high crossing at 10.09. Second resistance is the
reaction high crossing at 10.22. First support is the 10-day moving average crossing at 9.82 1/4. Second support is Tuesday's
low crossing at 9.52 1/2.
December soybean meal closed up $0.10 at $301.10.
December soybean meal closed slightly higher on Friday as it extended Thursday's rally above the 10-day moving average
crossing at 296.40. Profit taking tempered early session gains and the low-range close sets the stage for a steady to lower
opening on Monday. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term.
If December extends this week's rally, August's high crossing at 319.70 is the next upside target. Closes below Tuesday's low
crossing at 284.20 would confirm that a short-term top has been posted. First resistance is today's high crossing at 312.00.
Second resistance is August's high crossing at 319.70. First support is the 20-day moving average crossing at 296.20. Second
support is Tuesday's low crossing at 284.20.
December soybean oil closed up 24 pts. at 38.61.
December soybean oil closed higher on Friday as it extended this week's rally. The high-range close sets the stage for a steady
to higher opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-
term. If December extends this week's rally, October's high crossing at 38.75 is the next upside target. Closes below the 20-day
moving average crossing at 37.61 are needed to confirm that a short-term top has been posted. First resistance is today's high
crossing at 38.65. Second resistance is October's high crossing at 38.75. First support is the 20-day moving average crossing at
37.61. Second support is the reaction low crossing at 36.42.
LIVESTOCK http://quotes.ino.com/exchanges/?c=livestock
December hogs closed up $0.55 at $55.00.
December hogs closed higher due to short covering on Friday as it consolidated some of Thursday's decline but remains below
the 20-day moving average crossing at 55.40. The mid-range close sets the stage for a steady opening on Monday. Stochastics
and the RSI are bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline,
the reaction low crossing at 52.20 is the next downside target. Closes above the 10-day moving average crossing at 56.19 are
needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 55.40.
Second resistance is the 10-day moving average crossing at 56.19. First support is Thursday's low crossing at 54.28. Second
support is the reaction low crossing at 52.20.
February bellies closed up $2.00 at $87.05.
February bellies gapped up and closed above the 10-day moving average crossing at 86.37 on Friday confirming that a short-
term low has been posted. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are
turning neutral to bullish signaling that sideways to higher prices are possible near-term. If February extends this week's rally,
October's high crossing at 91.70 is the next upside target. Closes below Thursday's low crossing at 83.20 would renew the
decline off October's high. First resistance is today's high crossing at 88.05. Second resistance is October's high crossing at
91.70. First support is Thursday's low crossing at 83.20. Second support is the reaction low crossing at 79.25.
December cattle closed up $0.48 at 83.33.
December cattle closed higher due to short covering on Friday as it consolidated some of this week's decline. The high-range
close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but remain neutral to
bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, weekly support
crossing at 81.80 is the next downside target. Closes above the 20-day moving average crossing at 85.82 are needed to confirm
that a short-term low has been posted. First resistance is the 10-day moving average crossing at 84.89. Second resistance is the
20-day moving average crossing at 85.82. First support is today's low crossing at 82.80. Second support is weekly support
crossing at 81.80.
January feeder cattle closed up $0.08 at $92.58.
January Feeder cattle closed higher on Friday due to short covering as it consolidated some of this week's decline. The mid-
range close sets the stage for a steady opening on Monday. Stochastics and the RSI are oversold but remain bearish signaling
that sideways to lower prices are possible near-term. If January extends this week's decline, weekly support crossing at 92.35 is
the next downside target. Closes above the 20-day moving average crossing at 95.45 would confirm that a short-term low has
been posted.
E X T R E M E F U T U R E S
____________________________________________________________________________
Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/futures/
WINNERS
YK.X09 SOYBEANS (MINI) Nov 2009 1050.000 67.750 +6.88
PB.G10 FROZEN PORK BELLIES Feb 2010 87.05 2.00 +2.35
LB.H10 LUMBER (RANDOM LENGTH) Mar 2010 238.9 5.4 +2.32
PL.F10 PLATINUM Jan 2010 1388.7 25.5 +1.86
PA.Z09 PALLADIUM Dec 2009 356.75 5.85 +1.66
W.H10 WHEAT Mar 2010 559.75 7.50 +1.36
YW.Z09 WHEAT (MINI) Dec 2009 539.00 7.25 +1.36
RR.X09 ROUGH RICE Nov 2009 14.67 0.19 +1.31
DA.F10 MILK CLASS III Jan 2010 14.55 0.18 +1.25
BCX.Q10 CBOT SOYBEAN CRUSH INDEX Aug 2010 66.75 0.75 +1.15
LOSERS
BCX.H11 CBOT SOYBEAN CRUSH INDEX Mar 2011 67.25 -3.75 -6.33
O.Z09 OATS Dec 2009 262.5 -6.5 -2.42
RB.Z09 RBOB GASOLINE Dec 2009 1.9162 -0.0243 -1.26
SM.H10 SOYBEAN MEAL Mar 2010 284.3 -3.2 -1.12
HO.G10 HEATING OIL Feb 2010 2.0328 -0.0224 -1.09
CL.H10 CRUDE OIL Mar 2010 78.48 -0.65 -0.82
GI.X09 S&P GSCI COMMODITY INDEX Nov 2009 492.25 -4.05 -0.82
NG.M11 NATURAL GAS Jun 2011 5.881 -0.043 -0.73
C.Z10 CORN Dec 2010 437.00 -1.75 -0.40
YC.Z10 CORN (MINI) Dec 2010 437.00 -1.75 -0.40
Trade Stocks, Futures, And Forex With Up To 80% Accuracy
Complimentary Market Forecasts. Reports include:
-Trend Forecast up to 80% accurate for 1-3 days ahead
-Tomorrow's Forecasted Trading Range
-Leading Indicators, not lagging
____________________________________________________________________________
E X T R E M E S T O C K S
____________________________________________________________________________
Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/stocks/
WINNERS
ZOOM ZOOM TECHNOLOGIES INC 7.49 1.39 +22.79
PLA.A PLAYBOY ENTERPRISES A 6.00 1.10 +22.45
CJT.UN CARGOJET INCOME FUND 7.55 1.25 +19.84
AGO ASSURED GUARANTY LTD 21.67 3.57 +19.72
TSTC TELESTONE TECHNOLOGIES 11.990 1.910 +18.95
NANO NANOMETRICS INC 11.38 1.52 +15.42
SVT SERVOTRONICS INC 8.99 1.18 +15.11
BU BURCON NUTRASCIENCE CORP 8.90 1.13 +14.54
MAXY MAXYGEN INC 5.75 0.72 +14.31
RINO RINO INTL CORP 26.69 3.23 +13.77
LOSERS
SORL SORL AUTO PARTS INC 7.10 -1.06 -12.99
ESE ESCO TECHNOLOGIES INC 33.41 -3.95 -10.57
GLNYF GALLEON ENERGY CL A 5.2600 -0.6000 -10.24
PUDA PUDA COAL 6.2900 -0.7100 -10.14
APT ALPHA PRO TECH LTD 5.49 -0.58 -9.56
SMED SHARP COMPLIANCE CORP 8.4764 -0.8936 -9.54
ACFN ACORN ENERGY INC 7.14 -0.75 -9.51
EBS EMERGENT BIOSOLUTIONS 13.481 -1.379 -9.28
TBL.NT TAIGA BUILDING PRODUCTS LTD 50.00 -5.00 -9.09
LKFN LAKELAND FINANCIAL CORP 16.74 -1.49 -8.17
____________________________________________________________________________
Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/futures/
WINNERS
YK.X09 SOYBEANS (MINI) Nov 2009 1050.000 67.750 +6.88
PB.G10 FROZEN PORK BELLIES Feb 2010 87.05 2.00 +2.35
LB.H10 LUMBER (RANDOM LENGTH) Mar 2010 238.9 5.4 +2.32
PL.F10 PLATINUM Jan 2010 1388.7 25.5 +1.86
PA.Z09 PALLADIUM Dec 2009 356.75 5.85 +1.66
W.H10 WHEAT Mar 2010 559.75 7.50 +1.36
YW.Z09 WHEAT (MINI) Dec 2009 539.00 7.25 +1.36
RR.X09 ROUGH RICE Nov 2009 14.67 0.19 +1.31
DA.F10 MILK CLASS III Jan 2010 14.55 0.18 +1.25
BCX.Q10 CBOT SOYBEAN CRUSH INDEX Aug 2010 66.75 0.75 +1.15
LOSERS
BCX.H11 CBOT SOYBEAN CRUSH INDEX Mar 2011 67.25 -3.75 -6.33
O.Z09 OATS Dec 2009 262.5 -6.5 -2.42
RB.Z09 RBOB GASOLINE Dec 2009 1.9162 -0.0243 -1.26
SM.H10 SOYBEAN MEAL Mar 2010 284.3 -3.2 -1.12
HO.G10 HEATING OIL Feb 2010 2.0328 -0.0224 -1.09
CL.H10 CRUDE OIL Mar 2010 78.48 -0.65 -0.82
GI.X09 S&P GSCI COMMODITY INDEX Nov 2009 492.25 -4.05 -0.82
NG.M11 NATURAL GAS Jun 2011 5.881 -0.043 -0.73
C.Z10 CORN Dec 2010 437.00 -1.75 -0.40
YC.Z10 CORN (MINI) Dec 2010 437.00 -1.75 -0.40
Trade Stocks, Futures, And Forex With Up To 80% Accuracy
Complimentary Market Forecasts. Reports include:
-Trend Forecast up to 80% accurate for 1-3 days ahead
-Tomorrow's Forecasted Trading Range
-Leading Indicators, not lagging
____________________________________________________________________________
E X T R E M E S T O C K S
____________________________________________________________________________
Updated every 10 minutes around the clock.
More at http://quotes.ino.com/analysis/extremes/stocks/
WINNERS
ZOOM ZOOM TECHNOLOGIES INC 7.49 1.39 +22.79
PLA.A PLAYBOY ENTERPRISES A 6.00 1.10 +22.45
CJT.UN CARGOJET INCOME FUND 7.55 1.25 +19.84
AGO ASSURED GUARANTY LTD 21.67 3.57 +19.72
TSTC TELESTONE TECHNOLOGIES 11.990 1.910 +18.95
NANO NANOMETRICS INC 11.38 1.52 +15.42
SVT SERVOTRONICS INC 8.99 1.18 +15.11
BU BURCON NUTRASCIENCE CORP 8.90 1.13 +14.54
MAXY MAXYGEN INC 5.75 0.72 +14.31
RINO RINO INTL CORP 26.69 3.23 +13.77
LOSERS
SORL SORL AUTO PARTS INC 7.10 -1.06 -12.99
ESE ESCO TECHNOLOGIES INC 33.41 -3.95 -10.57
GLNYF GALLEON ENERGY CL A 5.2600 -0.6000 -10.24
PUDA PUDA COAL 6.2900 -0.7100 -10.14
APT ALPHA PRO TECH LTD 5.49 -0.58 -9.56
SMED SHARP COMPLIANCE CORP 8.4764 -0.8936 -9.54
ACFN ACORN ENERGY INC 7.14 -0.75 -9.51
EBS EMERGENT BIOSOLUTIONS 13.481 -1.379 -9.28
TBL.NT TAIGA BUILDING PRODUCTS LTD 50.00 -5.00 -9.09
LKFN LAKELAND FINANCIAL CORP 16.74 -1.49 -8.17
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