Cannon Trading Co. Inc.
We believe. The next frontier in futures trading.
Since 1988

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, June 22, 2006

Trading levels and reports for June 23rd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

Dear Clients,

 

I will be out of the office on vacation starting Monday June 26th , returning to work Monday, July 10th . During my absence, please call the office with any requests. If you have an order to place, please call and have your account number handy.

 

E-mails will not be answered and an auto responder will reply that I am out. If you need to send any e-mails (NO ORDERS ARE ACCEPTED VIA E-MAILS) please send it to my assistant Sarah sarah@cannoncapital.com  

 

Try to avoid e-mails and IM’s as no one will be able to answer them.

 

The office numbers are 800-454-9572 or 310-859-9572

 

If you are a day-trader, please make sure to stay within your trading limits and remember that to hold positions overnight, full margin is required.

 

Thanks again and good trading.

 
LEVELS:
 
Contract (Sept. 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1271.27 1618.00 11245.67 703.23
Resistance 2 1266.23 1604.50 11200.33 699.37
Resistance 1 1261.07 1589.00 11150.67 695.73
Pivot 1256.03 1575.50 11105.33 691.87
Support 1 1250.87 1560.00 11055.67 688.23
Support 2 1245.83 1546.50 11010.33 684.37
Support 3 1240.67 1531.00 10960.67 680.73
         
Contract (Sept 2006) British Pound Euro Ten Years   US Bonds 
Resistance 3 1.8657 1.2858 104 24/32 106 21/32
Resistance 2 1.8580 1.2806 104 21/32 106 16/32
Resistance 1 1.8451 1.2728 104 16/32 106  7/32
Pivot 1.8374 1.2676 104 13/32 106  2/32
Support 1 1.8245 1.2598 104  7/32 105 25/32
Support 2 1.8168 1.2546 104  4/32 105 20/32
Support 3 1.8039 1.2468 103 31/32 105 11/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, Jun 23rd, 2006


Economic
08:30am May Durable Goods Orders (last –4.4%), Durables Ex Transportation (last –1.0%)
Events
Trading Ex-split: DAKT 2-1.
Earnings
Before the Open: None. After the Close: None.
 
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 2:26 PM

0 Comments:

Post a Comment

<< Home