Cannon Trading Co. Inc.
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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, December 18, 2006

Trading levels and reports for Dec. 19th

 
 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Eight more trading days left in 2006.....
 
LEVELS:
 
Contract (March 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1453.03 1868.67 12632 814.83
Resistance 2 1448.37 1856.33 12605 808.67
Resistance 1 1441.53 1828.67 12571 799.08
Pivot 1436.87 1816.33 12544 792.92
Support 1 1430.03 1788.67 12510 783.33
Support 2 1425.37 1776.33 12483 777.17
Support 3 1418.53 1748.67 12449 767.58
         
Contract  Feb. Gold March Euro Feb. Crude Oil March Bonds 
Resistance 3 626.97 1.3252 64.16 113  6/32
Resistance 2 624.03 1.3212 63.83 113     
Resistance 1 620.97 1.3184 63.31 112 28/32
Pivot 618.03 1.3144 62.98 112 22/32
Support 1 614.97 1.3116 62.46 112 18/32
Support 2 612.03 1.3076 62.13 112 12/32
Support 3 608.97 1.3048 61.61 112  8/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, Dec 19th, 2006


Economic
08:30am Nov Producer Price Index (last –1.6%), PPI Ex Food & Energy (last –0.9%), Housing Starts (last 1.49M), Building Permits (last 1.55M)
Events
ICSC/UBSW Chain Store Sales (7:45, last 1.2%). Redbook Retail Sales (8:55, last 2.5%). BCR, IACI, IO, UST analyst meeting. Fed's Fisher speaks on the Economy in TX at 1:00pm. ABC Consumer Confidence (last 1). Trading Ex-split: AEOS 3-2. CTCI replaces CNXS and MKSI replaces ARS in S&P Smallcap 600 after the close.
Earnings
Before the Open: CC FDS MCS MS SCHL. After the Close: CHAP CBK CTAS DRI FSII PALM SMOD.
 
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 1:26 PM

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