Cannon Trading Futures Blog: Daily Support and Resistance Levels
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
I will be out of the office Monday, returning to work Tuesday morning.
Hope everyone will have a good weekend!
LEVELS:
| Contract (Dec.. 2006) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1352.83 | 1692.33 | 11854.00 | 746.67 |
| Resistance 2 | 1351.17 | 1687.17 | 11831.00 | 743.33 |
| Resistance 1 | 1348.33 | 1679.33 | 11788.00 | 736.67 |
| Pivot | 1346.67 | 1674.17 | 11765.00 | 733.33 |
| Support 1 | 1343.83 | 1666.33 | 11722.00 | 726.67 |
| Support 2 | 1342.17 | 1661.17 | 11699.00 | 723.33 |
| Support 3 | 1339.33 | 1653.33 | 11656.00 | 716.67 |
| | | | | |
| Contract (Dec. 2006) | Dec. Gold | Euro | Dec. Ten Years | Dec. US Bonds |
| Resistance 3 | 615.9667 | 1.2845 | 108 26/32 | 113 12/32 |
| Resistance 2 | 611.7333 | 1.2806 | 108 19/32 | 113 2/32 |
| Resistance 1 | 607.9667 | 1.2770 | 108 10/32 | 112 23/32 |
| Pivot | 603.7333 | 1.2731 | 108 3/32 | 112 13/32 |
| Support 1 | 599.9667 | 1.2695 | 107 27/32 | 112 2/32 |
| Support 2 | 595.7333 | 1.2656 | 107 20/32 | 111 24/32 |
| Support 3 | 591.9667 | 1.2620 | 107 11/32 | 111 13/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Monday, Oct 2nd, 2006
Economic
10:00am Sep ISM Manufacturing (last 54.5), Prices Paid (last 73.0), Aug Construction Spending (last –1.2%), Pending Home Sales (last –7.0%)
Events
None
Earnings
None
Tuesday, Oct 3rd, 2006
Economic
Events
ICSC/UBSW Chain Store Sales (7:45, last 3.8%). Redbook Retail Sales (8:55, last 4.0%). CLP, UNP analyst meetings. September Total Vehicle Sales (last 16.1M); Domestic Vehicle Sales (last 12.5M). CIBC Boston Biotech Bus Tour through 10/4. ABC Consumer Confidence (last -12). Trading Ex-split: GEO 3-2, PCU 2-1. IRC replaces MVK in S&P Smallcap 600 after the close of trading. Fed's Hoenig speaks on Economy in Albuquerque at 9:45pm.
Earnings
Before the Open: PBG. After the Close: LWSN.
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.
0 Comments:
Post a Comment
<< Home