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 | 1327.17 | 1766.83 | 11447.67 | 796.37 |
| Resistance 2 | 1321.93 | 1757.17 | 11402.33 | 789.43 |
| Resistance 1 | 1318.77 | 1751.83 | 11364.67 | 785.97 |
| Pivot | 1313.53 | 1742.17 | 11319.33 | 779.03 |
| Support 1 | 1310.37 | 1736.83 | 11281.67 | 775.57 |
| Support 2 | 1305.13 | 1727.17 | 11236.33 | 768.63 |
| Support 3 | 1301.97 | 1721.83 | 11198.67 | 765.17 |
| | | | | |
| Contract (June 2006) | British Pound | Euro | Ten Years | US Bonds |
| Resistance 3 | 1.8127 | 1.2585 | 106 24/32 | 108 27/32 |
| Resistance 2 | 1.8039 | 1.2514 | 106 14/32 | 108 12/32 |
| Resistance 1 | 1.7988 | 1.2475 | 106 2/32 | 107 22/32 |
| Pivot | 1.7900 | 1.2404 | 105 25/32 | 107 7/32 |
| Support 1 | 1.7849 | 1.2365 | 105 13/32 | 106 17/32 |
| Support 2 | 1.7761 | 1.2294 | 105 3/32 | 106 2/32 |
| Support 3 | 1.7710 | 1.2255 | 104 23/32 | 105 12/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Thursday, Apr 20th, 2006
Economic
08:30am Initial Jobless Claims (last 313K)
10:00am Mar Leading Indicators (last –0.2%)
10:30am Natural Gas Inventories
11:00am Treasury's 5-year TIPS announcement
12:00pm Apr Philadelphia Fed (last 12.3)
Events
China's President Hu at White House. AXA, SCT investor meetings. Trading Ex-split: ZUMZ 2-1. Trades Ex-dividend: CL $0.32.
Earnings
Before the Open: ACMR ALK MO AME ARB ARW AGIX AUO AVCI BAC BK BAX BBT BLS BLC BHE BGG CCBL CHIC CHZ CPS CAL CBE COT CY DHR ELNK LLY EMC ENDP EFX FCS GM GNTX GDW GGG HSY IEX ITW N IGT XXIA KVHI LSTR LEE LOGI HZO MAR MWV MEDI MRK NEM NE NOK NUE OO OSI PNC PPG DGX RS RYL SAP SGP POOL SHW SIFY SLM LUV SPWR SMMX TXT UTEK UNP UPS USAK VIGN WCC. After the Close: AEIS ATR AH AJG BRCM COF CLDN CERN CHRT COHU CREE EW EFII FFIV FDRY GYI GOOG HTCH HYSL INFA NSIT ISIL LDIS LEG MIPS MOLX MROI NDAQ OMCL PKTR PDFS PMCS RHI SNDK SWIR SGTL SLGN SYK SYNA TCO TPX VRSN ZHNE.
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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