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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, October 04, 2006

Dec DJIA Futures Hits New Contract High(DJ)

    DJ MARKET TALK: Dec DJIA Futures Hits New Contract High(DJ)

  1458 GMT [Dow Jones] Following the cash market's lead, Dec DJIA
futures contract sets a new contract high of 11832, besting the
previous record of 11830, set May 10. Market sources saying
contracts are seeing a short-covering rally. Next resistance level
would be 11853, the record high nearest-futures set in January 2000
on the March 2000 contract. Dec DJIA recently at 11830, up 40
points. (JLT)
 
Contact us in New York. Darlene Ross, 201 938-2085;
darlene.ross@dowjones.com
 
 
  (END) Dow Jones Newswires
  October 04, 2006 10:58 ET (14:58 GMT)
  Copyright (c) 2006 Dow Jones & Company, Inc. - - 10 58 AM EDT
10-04-06

Keywords:  FINANCIAL ECONOMY STOCKS GENERAL
09:58:54   10/04/06


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.

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