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Support and Resistance Traders' Forum

Beans-cotton
By:Don
Date: Monday, 20 December 2004, 9:34 am

Daily s/r numbers.

Jan. Beans-1st resistance-549.00-2nd-552.00-3rd-559.75-4th-569.25
Support- 1st-545.00-2nd-540.75-3rd-534.50.
Beans look up but could come back today to test support at 534.50 area befor moving up later this week. 552.00 area very important to get above.

March cotton-1st resistance-44.70-2nd-45.09-3rd-46.30.
Support-1st-44.02-2nd-43.79-3rd-43.20.
Cotton looks up also and should go on up today. The market will fool you so watch the numbers.

Lets see how these markets do today. If you have a market you would like to test me on let me know. Don