Cannon Trading Co. Inc.
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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, June 05, 2006

Trading levels and reports for June 5th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:  for a free trial, please visit www.technicalanalytics.com
 
S&P M   NASDAQ M   DOW M
   
RESISTANCE   RESISTANCE   RESISTANCE
  1,313.00     1,684.00     11,480.00
  1,310.00     1,672.00     11,456.00
******* 1,307.80   ******* 1,661.75   ******* 11,425.00
******* 1,303.00   ******* 1,654.00   ******* 11,405.00
****** 1,298.50   ****** 1,645.00   ****** 11,378.00
***** 1,296.00   ***** 1,633.00   ***** 11,340.00
*** 1,294.00   **** 1,624.00   **** 11,320.00
** 1,291.50   ** 1,618.00   ** 11,290.00
   
CLOSE 1,288.20   CLOSE 1,614.50   CLOSE 11,253.00
   
SUPPORT   SUPPORT   SUPPORT
** 1,285.10   *** 1,610.00   *** 11,230.00
**** 1,283.00     1,602.50     11,202.00
***** 1,280.00   **** 1,595.00   **** 11,180.00
****** 1,275.50   ***** 1,591.00   ***** 11,140.00
  1,271.00   ****** 1,586.00   ****** 11,105.00
******* 1,268.00   ******* 1,573.00   ******* 11,078.00
******* 1,263.50     1,566.00     11,045.00
  1,260.50     1,552.00   ******* 11,000.00
                     
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, Jun 5th, 2006


Economic
10:00am May ISM Non-Manufacturing (last 63.0)
11:00am Treasury's 10-year Note announcement
Events
American Society of Clinical Oncology conference through 6/6. BNI, CRDN, IMCL analyst meeting. Goldman Sachs Lodging/Gaming/Restaurant/Leisure conference in NYC through 6/6. JPMorgan Basics & Materials conferenc in NYC through 6/6. Sidotti Emerging Growth conference in Boston through 6/6. Fed's Bernanke, ECB's Trichet and BoJ's Muto speak at International Monetary conference in DC at 2:15pm. Trading Ex-split: BRY 2-1. Trades Ex-dividend: SLB $0.125. CBH replaces EC in S&P 500, RS replaces CBH in S&P MidCap 400 and STMP replaces RS in S&P SmallCap 600 after the close of trading. Fed's Geithner speaks at tribute for Roger Ferguson in NYC at 7:00pm.
Earnings
Before the Open: None. After the Close: BOBE.
 
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 6:30 AM

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