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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, August 10, 2006

Trading levels and reports for Aug. 11th

 
*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 1291.33 1533.00 11293.67 709.25
Resistance 2 1284.17 1520.00 11234.33 700.50
Resistance 1 1279.33 1510.00 11189.67 694.00
Pivot 1272.17 1497.00 11130.33 685.25
Support 1 1267.33 1487.00 11085.67 678.75
Support 2 1260.17 1474.00 11026.33 670.00
Support 3 1255.33 1464.00 10981.67 663.50
         
Contract (Sept 2006) British Pound Euro Ten Years   US Bonds 
Resistance 3 1.9296 1.3086 106 27/32 109 16/32
Resistance 2 1.9199 1.3014 106 21/32 109  6/32
Resistance 1 1.9073 1.2919 106 16/32 108 29/32
Pivot 1.8976 1.2847 106 10/32 108 19/32
Support 1 1.8850 1.2752 106  5/32 108 10/32
Support 2 1.8753 1.2680 105 31/32 108     
Support 3 1.8627 1.2585 105 26/32 107 23/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, Aug 11th, 2006


Economic
08:30am Jul Import Price Index (last 0.1%), Advance Retail Sales (last –0.1%), Retail Sales Less Autos (last 0.3%)
10:00am Jun Business Inventories (last 0.8%)
Events
CIBC Enterprise Software conference in NYC through 8/10. BofA Specialty Pharmaceutical conference in NYC through8/11. Trading Ex-split: PCAR 3-2. Trades Ex-dividend: EXC $0.40. Apple's World Wide Developer's Conference in SF through 8/11.
Earnings
Before the Open: CCUR IAG NXF SGDE. 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 1:10 PM

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