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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, December 28, 2006

Trading levels and reports for Dec. 29th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Regular trading hours for stock index futures and short trading hours for other markets tomorrow, the last trading day of 2006. Check out the schedule at:
 
 
Happy New Year everyone, hope 2007 will be a healthy, happy and successful year for you and your loved ones.
 
 
LEVELS:
 
Contract (March 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1443.13 1805.83 12658 810.50
Resistance 2 1440.57 1794.67 12633 808.00
Resistance 1 1437.13 1791.83 12600 804.50
Pivot 1434.57 1780.67 12575 802.00
Support 1 1431.13 1777.83 12542 798.50
Support 2 1428.57 1766.67 12517 796.00
Support 3 1425.13 1763.83 12484 792.50
         
Contract  Feb. Gold March Euro Feb. Crude Oil March Bonds 
Resistance 3 643.27 1.3338 61.70 113  4/32
Resistance 2 640.63 1.3293 61.28 112 20/32
Resistance 1 638.77 1.3242 60.90 112  3/32
Pivot 636.13 1.3197 60.48 111 19/32
Support 1 634.27 1.3146 60.10 111  2/32
Support 2 631.63 1.3101 59.68 110 18/32
Support 3 629.77 1.3050 59.30 110  1/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, Dec 29th, 2006


Economic
10:00am Nov Help Wanted Index (last 30)
10:30am Natural Gas Inventories
Events
Energy and Metals pits will close early. Bond Market Association recommend early close at 2:00pm. SE-W will replace PMTC in S&P 500 and PMTC replaces PIR in S&P Midcap 400 after the close. Trades Ex-dividend: RTN $0.24.
Earnings
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 1:07 PM

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