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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, December 19, 2006

Trading levels and reports for Dec. 20th



 
 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (March 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1457.03 1845.50 12691 802.67
Resistance 2 1448.77 1830.00 12635 796.83
Resistance 1 1443.13 1818.00 12595 793.17
Pivot 1434.87 1802.50 12539 787.33
Support 1 1429.23 1790.50 12499 783.67
Support 2 1420.97 1775.00 12443 777.83
Support 3 1415.33 1763.00 12403 774.17
         
Contract  Feb. Gold March Euro Feb. Crude Oil March Bonds 
Resistance 3 635.37 1.3432 65.77 113 17/32
Resistance 2 630.53 1.3351 64.89 113  7/32
Resistance 1 627.97 1.3299 64.17 112 28/32
Pivot 623.13 1.3218 63.29 112 18/32
Support 1 620.57 1.3166 62.57 112  7/32
Support 2 615.73 1.3085 61.69 111 29/32
Support 3 613.17 1.3033 60.97 111 18/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, Dec 20th, 2006


Economic
10:30am Crude Oil/Gasoline/Distillate Inventories
Events
MBA Mortgage Applications (7:00, last 11.4%). Trades Ex-dividend: HNZ $0.35.
Earnings
Before the Open: AIR ATU BMET KMX FDO FDX. After the Close: COMS ACN APOG BBBY COGN FINL MLHR NKE PAYX.
 
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 1:19 PM

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