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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, September 13, 2006

Trading levels and reports for Sept. 14th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (Dec.. 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1342.57 1664.50 11774.33 748.35
Resistance 2 1337.23 1655.50 11719.67 743.30
Resistance 1 1333.27 1649.00 11672.33 739.90
Pivot 1327.93 1640.00 11617.67 734.85
Support 1 1323.97 1633.50 11570.33 731.45
Support 2 1318.63 1624.50 11515.67 726.40
Support 3 1314.67 1618.00 11468.33 723.00
         
Contract (Dec. 2006) Dec. Gold Euro Dec. Ten Years  Dec. US Bonds 
Resistance 3 611.7000 1.2840 107 16/32 111 10/32
Resistance 2 606.1000 1.2814 107 14/32 111  6/32
Resistance 1 601.2000 1.2787 107 11/32 111     
Pivot 595.6000 1.2761 107  9/32 110 28/32
Support 1 590.7000 1.2734 107  5/32 110 22/32
Support 2 585.1000 1.2708 107  3/32 110 18/32
Support 3 580.2000 1.2681 107      110 12/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, Sep 14th, 2006


Economic
08:30am Initial Jobless Claims (last 310K), Aug Import Price Index (last 0.9%), Advance Retail Sales (last 1.4%), Retail Sales Less Autos (last 1.0%)
10:00am Jul Business Inventories (last 0.8%)
10:30am Natural Gas Inventories
Events
Trading Ex-split: CXW 3-2. Lehman Financial Services conference in NYC through 9/14. Merrill Lynch Media & Entertainment conference in Pasadena, CA through 9/14. ThinkEquity Growth conference in SF through 9/14.
Earnings
Before the Open: BSC PIR. After the Close: ADBE TEK.
 
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 1:22 PM

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