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 | 1324.13 | 1740.00 | 11462.67 | 784.37 |
| Resistance 2 | 1320.17 | 1731.50 | 11431.33 | 779.93 |
| Resistance 1 | 1317.23 | 1725.00 | 11406.67 | 774.97 |
| Pivot | 1313.27 | 1716.50 | 11375.33 | 770.53 |
| Support 1 | 1310.33 | 1710.00 | 11350.67 | 765.57 |
| Support 2 | 1306.37 | 1701.50 | 11319.33 | 761.13 |
| Support 3 | 1303.43 | 1695.00 | 11294.67 | 756.17 |
| | | | | |
| Contract (June 2006) | British Pound | Euro | Ten Years | US Bonds |
| Resistance 3 | 1.8104 | 1.2565 | 106 13/32 | 108 21/32 |
| Resistance 2 | 1.8025 | 1.2513 | 106 7/32 | 108 12/32 |
| Resistance 1 | 1.7965 | 1.2482 | 106 2/32 | 108 2/32 |
| Pivot | 1.7886 | 1.2430 | 105 28/32 | 107 25/32 |
| Support 1 | 1.7826 | 1.2399 | 105 23/32 | 107 15/32 |
| Support 2 | 1.7747 | 1.2347 | 105 17/32 | 107 6/32 |
| Support 3 | 1.7687 | 1.2316 | 105 12/32 | 106 28/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Tuesday, Apr 25th, 2006
Economic
09:00am Bank of Canada Rate announcement
10:00am Apr Consumer Confidence (last 107.2), Richmond Fed Index (last 21), Mar Existing Home Sales (last 6.91M)
01:00pm Treasury's 5-year TIPS auction results
Events
ICSC/UBSW Chain Store Sales (7:45, last 7.9%). Redbook Retail Sales (8:55, last 4.3%). Cardiovascular and Renal Drugs Advisory Committee meeting at 8:00am through 4/26. UBS Global Specialty Pharmaceuticals Conference in NYC through 4/25. AG Edwards Media & Entertainment Conference in Las Vegas through 4/26. ABC Consumer Confidence (last -7).
Earnings
Before the Open: AGR AKS AXE AIT AHG ASN T AVY RATE BJS EAT BMHC BNI CSL CDWC CNC CEN CSK CME COH CVG DBD DD ENR ESV EPD SSP FAL FRGO FRX HCA HMA HOLX IMCL SFI JEC JBLU KELYA KRC KIM KCI LLL LH LAB LCAV LVLT LXK LAD LMT LU MSO MHP MDP MTCT NOC NSS OXY OMC PCAR PENN PAS PHLY PCH RYN SEPR SII SSCC SAH SO STMP STFC STTX SYNT TRAD TUES X UST VFC VCI VLO VTRU WDR WHR WRLD WWY. During Trading Hours: PPP SNV. After the Close: ACE ACTL ACTU AD AFL AMZN AFG AMSG ATML AVB BELM BYD BKI BWLD CHRW CLMS CRI CSCD CEC CKFR CAKE CHE CBR GLW EXBD CSCS CTS CVTX DV CST EMBT WIRE ENTU EQIX EXTR EZPW FADV FIXV FRK GSIG HIFN IM ISSI ISSX ITRI JCOM KNL LSCC LDIS MHO MANH MTW MTSN MTH MCRL MCHP MIL MUR NANO ORLY PNRA PZZA PXLW PRAA PWER RCRC RBAK RFMD SANM SEAB SCSS SIAL SGTL SIRF SWK STM TNB TSAI TRI TQNT TZIX TMWD ULTI VAR VECO VRTX VNUS VOCS VMC WBSN XL.
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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