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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, December 26, 2006

Trading levels and reports for Dec. 27th

 
*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 1439.73 1786.67 12612 807.17
Resistance 2 1434.37 1780.33 12556 801.33
Resistance 1 1431.53 1776.67 12526 798.17
Pivot 1426.17 1770.33 12470 792.33
Support 1 1423.33 1766.67 12440 789.17
Support 2 1417.97 1760.33 12384 783.33
Support 3 1415.13 1756.67 12354 780.17
         
Contract  Feb. Gold March Euro Feb. Crude Oil March Bonds 
Resistance 3 636.43 1.3230 64.40 113     
Resistance 2 634.37 1.3210 63.50 112 26/32
Resistance 1 630.63 1.3179 62.30 112 20/32
Pivot 628.57 1.3159 61.40 112 14/32
Support 1 624.83 1.3128 60.20 112  8/32
Support 2 622.77 1.3108 59.30 112  2/32
Support 3 619.03 1.3077 58.10 111 28/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, Dec 27th, 2006


Economic
10:00am Nov New Home Sales (last 1.004M)
01:00pm Treasury's 2-year Note auction results
Events
MBA Mortgage Applications (7:00, last –10.2%). ICSC/UBSW Chain Store Sales (7:45, last 1.0%). Redbook Retail Sales (8:55, last 2.6%). Trades Ex-dividend: CPB $0.20, DOW $0.375, OMX $0.15.
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 1:02 PM

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