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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, July 31, 2006

Trading levels and reports for July 31st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (Sept. 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1301.60 1559.00 11426.67 720.50
Resistance 2 1293.80 1540.50 11353.33 712.50
Resistance 1 1288.90 1531.00 11302.67 708.00
Pivot 1281.10 1512.50 11229.33 700.00
Support 1 1276.20 1503.00 11178.67 695.50
Support 2 1268.40 1484.50 11105.33 687.50
Support 3 1263.50 1475.00 11054.67 683.00
         
Contract (Sept 2006) British Pound Euro Ten Years   US Bonds 
Resistance 3 1.8829 1.2948 106 21/32 109 13/32
Resistance 2 1.8758 1.2880 106 12/32 108 30/32
Resistance 1 1.8706 1.2837 106  6/32 108 19/32
Pivot 1.8635 1.2769 105 28/32 108  4/32
Support 1 1.8583 1.2726 105 22/32 107 25/32
Support 2 1.8512 1.2658 105 13/32 107 10/32
Support 3 1.8460 1.2615 105  7/32 106 31/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, Jul 31st, 2006


Economic
10:00am Jul Chicago Purchasing Manager Index (last 56.5)
Events
Fed's Poole speaks about Global Economy to Southern Legislative Conference at 8:00am. Fed's Yellen speaks about the Economy in SF at 11:45am. Trading Ex-split: MON 2-1. Trades Ex-dividend: F $0.05.
Earnings
Before the Open: AG ARM AVP BXG BPO EXC GEHL GLYT GVHR GLG HCP HERO HUM IKAN KCI NTE NCOG PYX PCH RDA RGC THOR TDG TSN UAUA VLI. After the Close: AATI AFFX ALO ATRS ANSW APL AUDC CMG FLML FCN FNDT GPRO GW ISSX INTX IRBT KND MET MSPD NLS NAVR ODSY OTTR PKY PPS PWAV PBH PFG RNR TXRH TWTC TDR VPRT VMC WFMI.
 
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 6:20 AM

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