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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, November 30, 2006

Trading levels and reports for Dec 1st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Hope December will be a great month for everyone!
 
LEVELS:
 
Contract (Dec.. 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1422.10 1826.33 12424 802.33
Resistance 2 1415.30 1815.17 12361 796.77
Resistance 1 1409.30 1805.33 12307 791.88
Pivot 1402.50 1794.17 12244 786.32
Support 1 1396.50 1784.33 12190 781.43
Support 2 1389.70 1773.17 12127 775.87
Support 3 1383.70 1763.33 12073 770.98
         
Contract  Feb. Gold Dec. Euro Jan. Crude Oil March Bonds 
Resistance 3 664.10 1.3441 64.74 115  7/32
Resistance 2 659.30 1.3364 64.24 114 26/32
Resistance 1 656.10 1.3308 63.69 114 19/32
Pivot 651.30 1.3231 63.19 114  6/32
Support 1 648.10 1.3175 62.64 113 31/32
Support 2 643.30 1.3098 62.14 113 18/32
Support 3 640.10 1.3042 61.59 113 11/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, Dec 1st, 2006


Economic
10:00am Nov ISM Manufacturing (last 51.2), ISM Prices Paid (last 47.0), Oct Construction Spending (last –0.3%)
Events
Fed's Bernanke gives welcome remarks at Monetary Policy Conference at 9amET. Fed's Plosser gives opening remarks at Conference at 9:30amET. Fed's Moskow on US Economic Outlook at 1pmET. Fed's lacker on regulators at 1:45pmET. ITW analyst meeting. CSFB Technology conference in Scottsdale through 12/1. Piper Jaffray Healthcare conference in NYC through 12/1. November total Vehicle Sales (last 16.2M). Domestic Vehicle Sales (last 12.4M). Trading Ex-split: EAT 3-2.
Earnings
Before the Open: KWD WMG. 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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