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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, March 20, 2006

Trading levels and reports for March 20th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1325.30 1728.00 11425.33 758.58
Resistance 2 1322.90 1719.50 11397.67 755.67
Resistance 1 1320.30 1712.00 11375.33 752.83
Pivot 1317.90 1703.50 11347.67 749.92
Support 1 1315.30 1696.00 11325.33 747.08
Support 2 1312.90 1687.50 11297.67 744.17
Support 3 1310.30 1680.00 11275.33 741.33
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7678 1.2358 107 28/32 111 23/32
Resistance 2 1.7638 1.2318 107 25/32 111 17/32
Resistance 1 1.7610 1.2289 107 21/32 111 10/32
Pivot 1.7570 1.2249 107 18/32 111  4/32
Support 1 1.7542 1.2220 107 14/32 110 29/32
Support 2 1.7502 1.2180 107 11/32 110 23/32
Support 3 1.7474 1.2151 107  7/32 110 16/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, March 20, 2006

Economic
10:00am Feb Leading Indicators (last 1.1%)
Events
LRCX, XTEX Analyst meeting. Piper Jaffray Financial Services conference in NYC through 3/21. Fed's Minehan speaks about the Economy in Boston at 11:00am. Fed's Yellen speaks in NV at 12:10pm. Fed's Bernanke speaks on Yield Curve and Monetary Policy in NYC at 7:00pm. Trading Ex-split: WBSN 2-1.
Earnings
Before the Open: CRZO ROC WSM. After the Close: AMHC BBA ORCL PVH SHFL SONC.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 6:10 AM

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