Cannon Trading Futures Blog: Daily Support and Resistance Levels
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Dear Trader,
LEVELS:
| Contract (June 2006) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1305.07 | 1695.67 | 11266.00 | 747.33 |
| Resistance 2 | 1301.83 | 1689.33 | 11233.00 | 743.67 |
| Resistance 1 | 1298.97 | 1681.67 | 11202.00 | 738.58 |
| Pivot | 1295.73 | 1675.33 | 11169.00 | 734.92 |
| Support 1 | 1292.87 | 1667.67 | 11138.00 | 729.83 |
| Support 2 | 1289.63 | 1661.33 | 11105.00 | 726.17 |
| Support 3 | 1286.77 | 1653.67 | 11074.00 | 721.08 |
| | | | | |
| Contract (June 2006) | British Pound | Euro | Ten Years | US Bonds |
| Resistance 3 | 1.7477 | 1.2147 | 106 31/32 | 110 23/32 |
| Resistance 2 | 1.7415 | 1.2104 | 106 27/32 | 110 17/32 |
| Resistance 1 | 1.7378 | 1.2068 | 106 25/32 | 110 13/32 |
| Pivot | 1.7316 | 1.2025 | 106 21/32 | 110 7/32 |
| Support 1 | 1.7279 | 1.1989 | 106 19/32 | 110 3/32 |
| Support 2 | 1.7217 | 1.1946 | 106 15/32 | 109 29/32 |
| Support 3 | 1.7180 | 1.1910 | 106 13/32 | 109 25/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Tuesday, March 14, 2006
Economic
08:30am Feb Advance Retail Sales (last 2.3%), Retail Sales Less Autos (last 2.2%), Q4 Current Account Balance (last -$195.8B)
10:00am Jan Business Inventories (last 0.7%)
Events
ICSC/UBSW Chain Store Sales (7:45, last 4.2%). Redbook Retail Sales (8:55, last 2.4%). Pediatric Oncology Subcommittee of the Oncologic Drugs Advisory Committee meets at 8:00am. DB Technology Conference in Miami through 3/15. Stephens Consumer Conference in NYC through 3/14. AG Edwards Energy Conference in Boston through 3/15. BofA Consumer Conference in NYC through 3/16. Citigroup Small/Mid Cap Conference in Las Vegas through 3/16. Montgomery Technology Conference in Santa Monica through 3/15. Fed's Kroszner on panel dicussing IMF in DC at 11:00am. ADP, HRS, MT, NTAP analyst meeting. ABC Consumer Confidence (last -9).
Earnings
Before the Open: CTR GS HAWK VTIV. After the Close: CPE CTRN KEYW LEXR OPTV PDE SEAC WFII.
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.
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