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

Wednesday, September 20, 2006

Trading levels and reports for Sept. 21st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Another FOMC came and gone...next one is only 5 weeks away...a two day meeting on Oct 24th and 25th.
 
LEVELS:
 
Contract (Dec.. 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1347.10 1684.67 11785.00 752.92
Resistance 2 1343.30 1676.33 11750.00 748.33
Resistance 1 1340.00 1670.17 11725.00 745.17
Pivot 1336.20 1661.83 11690.00 740.58
Support 1 1332.90 1655.67 11665.00 737.42
Support 2 1329.10 1647.33 11630.00 732.83
Support 3 1325.80 1641.17 11605.00 729.67
         
Contract (Dec. 2006) Dec. Gold Euro Dec. Ten Years  Dec. US Bonds 
Resistance 3 603.9000 1.2851 107 26/32 111 26/32
Resistance 2 598.2000 1.2822 107 22/32 111 20/32
Resistance 1 592.2000 1.2785 107 18/32 111 13/32
Pivot 586.5000 1.2756 107 14/32 111  7/32
Support 1 580.5000 1.2719 107  9/32 111     
Support 2 574.8000 1.2690 107  5/32 110 26/32
Support 3 568.8000 1.2653 107  1/32 110 19/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, Sep 21st, 2006


Economic
08:30am Initial Jobless Claims (last 308K)
10:00am Aug Leading Indicators (last –0.1%)
10:30am Natural Gas Inventories
12:00pm Sep Philadelphia Fed (last 18.5)
Events
Cardiovascular and Renal Drugs Advisory Committee meets at 8:00am. BofA Fall Investor Conference in SF through 9/21. DE, MIL analyst meetings.
Earnings
Before the Open: AGE CCL CAG DOCC FDX GIS RAD SCHL. After the Close: COMS CLC COGN EGLS FINL IHS NKE PALM SNX.
 
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 1:26 PM

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