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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, March 22, 2006

Trading levels and reports for March 23rd

 
*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

1329.30

1716.83

11512.67

766.83

Resistance 2

1322.60

1706.67

11456.33

758.92

Resistance 1

1318.70

1699.33

11420.67

753.83

Pivot

1312.00

1689.17

11364.33

745.92

Support 1

1308.10

1681.83

11328.67

740.83

Support 2

1301.40

1671.67

11272.33

732.92

Support 3

1297.50

1664.33

11236.67

727.83

Contract (June 2006)

British Pound

Euro

Ten Years

US Bonds

Resistance 3

1.7578

1.2216

107 19/32

111 14/32

Resistance 2

1.7553

1.2198

107 16/32

111 9/32

Resistance 1

1.7522

1.2168

107 12/32

111 2/32

Pivot

1.7497

1.2150

107 10/32

110 29/32

Support 1

1.7466

1.2120

107 6/32

110 22/32

Support 2

1.7441

1.2102

107 3/32

110 17/32

Support 3

1.7410

1.2072

106 31/32

110 10/32

 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, March 23, 2006

Economic
08:30am Initial Jobless Claims (last 309K)
10:00am Feb Existing Home Sales (last 6.56M)
10:30am Natural Gas Inventories
11:00am Treasury's 2-year and 5-year funding announcements
Events
Psychopharmacologic Drugs Advisory Committee meeting at 8:00am. BMET, DNR, NVDA, UBET analyst meetings. Trading Ex-split: RJF 3-2.
Earnings
Before the Open: APOL CAG CCL FDO FRED GIS SCHL. After the Close: COMS AIRN EGLS FINL PALM SLR SNX WTSLA.
 
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 1:17 PM

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