Cannon Trading Futures Blog: Daily Support and Resistance Levels
*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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
only two more trading days in 2006!
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1448.17 | 1798.00 | 12691 | 814.50 |
| Resistance 2 | 1443.43 | 1791.50 | 12643 | 809.50 |
| Resistance 1 | 1440.47 | 1785.25 | 12614 | 807.00 |
| Pivot | 1435.73 | 1778.75 | 12566 | 802.00 |
| Support 1 | 1432.77 | 1772.50 | 12537 | 799.50 |
| Support 2 | 1428.03 | 1766.00 | 12489 | 794.50 |
| Support 3 | 1425.07 | 1759.75 | 12460 | 792.00 |
| | | | | |
| Contract | Feb. Gold | March Euro | Feb. Crude Oil | March Bonds |
| Resistance 3 | 634.87 | 1.3299 | 61.81 | 113 9/32 |
| Resistance 2 | 633.43 | 1.3263 | 61.48 | 112 30/32 |
| Resistance 1 | 631.87 | 1.3217 | 60.91 | 112 14/32 |
| Pivot | 630.43 | 1.3181 | 60.58 | 112 3/32 |
| Support 1 | 628.87 | 1.3135 | 60.01 | 111 19/32 |
| Support 2 | 627.43 | 1.3099 | 59.68 | 111 8/32 |
| Support 3 | 625.87 | 1.3053 | 59.11 | 110 24/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Thursday, Dec 28th, 2006
Economic
08:30am Initial Jobless Claims (last 315K)
10:00am Dec Chicago Purchasing Manager (last 49.9), Consumer Confidence (last 102.9), Nov Existing Home Sales (last 6.24M)
10:30am Crude Oil/Gasoline/Distillate Inventories
01:00pm Treasury's 5-year Note auction results
Events
Trades Ex-dividend: TYC $0.10.
Earnings
Before the Open: LTRE. 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.
*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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
Hope everyone enjoyed their holiday with family and loved ones.
Short week ahead with 3.5 days of trading (Friday is a short day) and many traders are out so expect thin volume to continue.
On the educational side, I received a book from a client of Mine, Dr. Charles Schaap. Name of the book is: ADXcellence.
While I just started reading and going through it, I think you will find some of the methods and ideas of how to use the ADX and DMI wotrhwhile.
| BONDS H | | | CRUDE G | |
| | | | | | | |
| RESISTANCE | | | RESISTANCE | |
| | 114.05 | | | ******* | 65.60 | |
| | 114.00 | | | | 65.15 | |
| | 113.24 | | | | 64.70 | |
| ******* | 113.14 | | | ******* | 64.30 | |
| | 113.07 | | | ****** | 63.80 | |
| ******* | 113.00 | | | ***** | 63.30 | |
| ****** | 112.22 | | | | 62.98 | |
| ***** | 112.16 | | | **** | 62.60 | |
| | | | | | | |
| CLOSE | 112.06 | | | CLOSE | 62.41 | |
| | | | | | | |
| SUPPORT | | | SUPPORT | |
| ***** | 112.02 | | | ***** | 62.00 | |
| | 111.24 | | | ****** | 61.60 | |
| ****** | 111.12 | | | | 61.05 | |
| | 111.02 | | | | 60.65 | |
| | 110.27 | | | ******* | 60.20 | |
| ******* | 110.18 | | | ******* | 60.00 | |
| ******* | 110.04 | | | | 59.55 | |
| ******* | 109.28 | | | | 59.20 | |
| | | | | | | | |
| S&P H | |
| | | |
| RESISTANCE | |
| | 1,448.00 | |
| | 1,445.00 | |
| ******* | 1,442.10 | |
| ******* | 1,438.00 | |
| | 1,435.00 | |
| ****** | 1,431.80 | |
| ***** | 1,428.00 | |
| *** | 1,424.00 | |
| | | |
| CLOSE | 1,420.30 | |
| | | |
| SUPPORT | |
| ** | 1,418.00 | |
| **** | 1,415.00 | |
| ***** | 1,410.00 | |
| | 1,406.00 | |
| ****** | 1,404.00 | |
| ******* | 1,399.50 | |
| | 1,395.00 | |
| ******* | 1,392.00 | |
| | | | |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Tuesday, Dec 26th, 2006
Economic
10:00am Dec Richmond Fed Manufacturing Index (last 7)
02:15pm Oct S&P/CaseShiller Home Price (last 4.2%)
Events
ABC Consumer Confidence (last 1).
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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
Happy Holidays!
Short trading tomorrow on all markets EXCEPT for e-minis (dow, nasdaq, sp, russell). However, I expect volume to be VERY thin after 11 AM Eastern time.
Enjoy the long weekend and holiday time with your loved ones.
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1447.40 | 1822.67 | 12644 | 805.25 |
| Resistance 2 | 1442.70 | 1812.33 | 12604 | 801.00 |
| Resistance 1 | 1436.20 | 1798.92 | 12555 | 795.00 |
| Pivot | 1431.50 | 1788.58 | 12515 | 790.75 |
| Support 1 | 1425.00 | 1775.17 | 12466 | 784.75 |
| Support 2 | 1420.30 | 1764.83 | 12426 | 780.50 |
| Support 3 | 1413.80 | 1751.42 | 12377 | 774.50 |
| | | | | |
| Contract | Feb. Gold | March Euro | Feb. Crude Oil | March Bonds |
| Resistance 3 | 628.60 | 1.3335 | 64.29 | 114 |
| Resistance 2 | 626.80 | 1.3300 | 63.82 | 113 19/32 |
| Resistance 1 | 624.20 | 1.3261 | 63.24 | 113 10/32 |
| Pivot | 622.40 | 1.3226 | 62.77 | 112 29/32 |
| Support 1 | 619.80 | 1.3187 | 62.19 | 112 20/32 |
| Support 2 | 618.00 | 1.3152 | 61.72 | 112 7/32 |
| Support 3 | 615.40 | 1.3113 | 61.14 | 111 30/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Friday, Dec 22nd, 2006
Economic
08:30am Nov Personal Income (last 0.4%), Personal Spending (last 0.2%), PCE Deflator Y/Y (last 1.5%), PCE Core (last 0.2%), Durable Goods Orders (last –8.3%), Durables Ex Transportation (last –1.7%)
10:00am Dec Final U. of Michigan Confidence (last 90.2)
Events
Energy and Metal Markets will close early. Bond Market Association recommends early close at 2:00pm. Trades Ex-dividend: MO $0.86.
Earnings
Before the Open: None. 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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
We are about to enter the official period of "Holiday Trading" which starts this friday and will last until Jan. 3rd 2007.
Low volume is the main charectaristic of this period (less than 500,000 mini SP contracts traded today which is 50% of the daily avg.) and the results of lower volume can mean one of two extremes: tight, choppy range (like today?) or volatile, erratic sessions....
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1444.87 | 1829.00 | 12615 | 801.67 |
| Resistance 2 | 1442.63 | 1822.50 | 12596 | 798.58 |
| Resistance 1 | 1438.57 | 1810.00 | 12571 | 795.42 |
| Pivot | 1436.33 | 1803.50 | 12552 | 792.33 |
| Support 1 | 1432.27 | 1791.00 | 12527 | 789.17 |
| Support 2 | 1430.03 | 1784.50 | 12508 | 786.08 |
| Support 3 | 1425.97 | 1772.00 | 12483 | 782.92 |
| | | | | |
| Contract | Feb. Gold | March Euro | Feb. Crude Oil | March Bonds |
| Resistance 3 | 631.80 | 1.3361 | 65.06 | 112 27/32 |
| Resistance 2 | 629.50 | 1.3329 | 64.61 | 112 24/32 |
| Resistance 1 | 626.90 | 1.3277 | 64.16 | 112 21/32 |
| Pivot | 624.60 | 1.3245 | 63.71 | 112 18/32 |
| Support 1 | 622.00 | 1.3193 | 63.26 | 112 15/32 |
| Support 2 | 619.70 | 1.3161 | 62.81 | 112 12/32 |
| Support 3 | 617.10 | 1.3109 | 62.36 | 112 9/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Thursday, Dec 21st, 2006
Economic
08:30am Initial Jobless Claims (last 304K), Q3 Final GDP Annualized (last 2.2%), GDP Price Index (last 1.8%), Personal Consumption (last 2.9%), Core PCE Q/Q (last 2.2%)
10:00am Nov Leading Indicators (last 0.2%)
10:30am Natural Gas Inventories
11:00am Treasury's 2-year and 5-year Note funding announcement
12:00am Dec Philadelphia Fed (last 5.1)
Events
Fed's Lacker speaks on Economic Outlook in NC at 1:00pm. Trades Ex-dividend: GE $0.28.
Earnings
Before the Open: AGE AM CCL CMC CAG GIS NOBH RAD SMSC WOR. After the Close: EGLS RHT RIMM RECN SHFL SLR TIBX.
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.
*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.
*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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
Happy holidays and good trading.
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1448.70 | 1857.83 | 12646 | 810.50 |
| Resistance 2 | 1446.40 | 1851.17 | 12611 | 808.00 |
| Resistance 1 | 1442.30 | 1840.33 | 12573 | 804.00 |
| Pivot | 1440.00 | 1833.67 | 12538 | 801.50 |
| Support 1 | 1435.90 | 1822.83 | 12500 | 797.50 |
| Support 2 | 1433.60 | 1816.17 | 12465 | 795.00 |
| Support 3 | 1429.50 | 1805.33 | 12427 | 791.00 |
| | | | | |
| Contract | Feb. Gold | March Euro | Jan. Crude Oil | March Bonds |
| Resistance 3 | 643.53 | 1.3344 | 65.05 | 114 23/32 |
| Resistance 2 | 638.37 | 1.3294 | 64.28 | 114 7/32 |
| Resistance 1 | 628.73 | 1.3215 | 63.85 | 113 15/32 |
| Pivot | 623.57 | 1.3165 | 63.08 | 112 31/32 |
| Support 1 | 613.93 | 1.3086 | 62.65 | 112 7/32 |
| Support 2 | 608.77 | 1.3036 | 61.88 | 111 23/32 |
| Support 3 | 599.13 | 1.2957 | 61.45 | 110 31/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Monday, Dec 18th, 2006
Economic
08:30am Q3 Current Account Balance (last -$218.4B)
01:00pm Dec NAHB Housing Market Index (last 33)
Events
Bank of Japan Rate decision. WWW analyst meeting. Trading Ex-split: AFG 3-2, SBIB 3-2, SPAR 3-2, XTXI 3-1.
Earnings
Before the Open: JOYG SCS. After the Close: APSG FCEL HOV ORCL.
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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
Several economic reports tomorrow, including CPI should make for a busy Friday.
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1457.50 | 1863.33 | 12679 | 816.33 |
| Resistance 2 | 1448.70 | 1849.17 | 12603 | 811.67 |
| Resistance 1 | 1443.40 | 1837.33 | 12557 | 806.83 |
| Pivot | 1434.60 | 1823.17 | 12481 | 802.17 |
| Support 1 | 1429.30 | 1811.33 | 12435 | 797.33 |
| Support 2 | 1420.50 | 1797.17 | 12359 | 792.67 |
| Support 3 | 1415.20 | 1785.33 | 12313 | 787.83 |
| | | | | |
| Contract | Feb. Gold | March Euro | Jan. Crude Oil | March Bonds |
| Resistance 3 | 637.33 | 1.3391 | 63.61 | 113 10/32 |
| Resistance 2 | 635.37 | 1.3351 | 63.20 | 113 4/32 |
| Resistance 1 | 633.13 | 1.3277 | 62.86 | 112 30/32 |
| Pivot | 631.17 | 1.3237 | 62.45 | 112 24/32 |
| Support 1 | 628.93 | 1.3163 | 62.11 | 112 18/32 |
| Support 2 | 626.97 | 1.3123 | 61.70 | 112 12/32 |
| Support 3 | 624.73 | 1.3049 | 61.36 | 112 6/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Friday, Dec 15th, 2006
Economic
08:30am Dec Empire Manufacturing (last 26.7), Nov Consumer Price Index (last –0.5%), CPI Ex Food & Energy (last 0.1%), CPI NSA (last 201.8)
09:00am Oct Net Long-term TIC Flows (last $65.1B)
09:15am Nov Industrial Production (last 0.2%), Capacity Utilization (last 82.2%)
Events
Fed's Bernanke speaks on Chinese Economy in Beijing at 1:00am. Joint meeting of the Anti-Infective Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee at 8:00am through 12/15. Medical Devices Dispute Resolution Panel of the Medical Devices Advisory Committee meets at 9:00am. Transmissible Spongiform Encephalopathies Advisory Committee meets at 8:00am. Trading Ex-split: GCBI 3-2.
Earnings
Before the Open: None. 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.
*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 | 1436.87 | 1836.17 | 12518 | 808.12 |
| Resistance 2 | 1433.53 | 1825.83 | 12489 | 804.43 |
| Resistance 1 | 1429.87 | 1815.67 | 12453 | 800.37 |
| Pivot | 1426.53 | 1805.33 | 12424 | 796.68 |
| Support 1 | 1422.87 | 1795.17 | 12388 | 792.62 |
| Support 2 | 1419.53 | 1784.83 | 12359 | 788.93 |
| Support 3 | 1415.87 | 1774.67 | 12323 | 784.87 |
| | | | | |
| Contract | Feb. Gold | March Euro | Jan. Crude Oil | March Bonds |
| Resistance 3 | 642.77 | 1.3426 | 62.93 | 115 5/32 |
| Resistance 2 | 638.73 | 1.3387 | 62.39 | 114 21/32 |
| Resistance 1 | 635.57 | 1.3328 | 61.88 | 113 26/32 |
| Pivot | 631.53 | 1.3289 | 61.34 | 113 10/32 |
| Support 1 | 628.37 | 1.3230 | 60.83 | 112 15/32 |
| Support 2 | 624.33 | 1.3191 | 60.29 | 111 31/32 |
| Support 3 | 621.17 | 1.3132 | 59.78 | 111 4/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Thursday, Dec 14th, 2006
Economic
08:30am Initial Jobless Claims (last 324K), Nov Import Price Index (last –2.0%)
10:30am Natural Gas Inventories
Events
OPEC meeting in Abuja, Nigeria. Treasury Secretary Paulson and Fed Chairman Bernanke, among others, head to China. Blood Products Advisory Committee meets at 8:00am. Joint meeting of the Anti-Infective Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee at 8:00am through 12/15. AMAT, AMD, AGLN, TMO, ZGEN analyst meetings. Credit Suisse Small/Mid Cap conference in Boston through 12/14.
Earnings
Before the Open: ASFI BECN BSC CIEN COST MGAM PIR STST WGO. After the Close: ADBE ZQK TEK VSTA.
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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
FOMC tomorrow. I try my best to be out of the market 15 minutes before the release and stay out for at least 10 minutes after the release since the both stock indices and treasuries can get a bit crazy during that time......
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1437.10 | 1853.00 | 12500 | 810.22 |
| Resistance 2 | 1433.10 | 1840.00 | 12475 | 806.73 |
| Resistance 1 | 1429.80 | 1827.50 | 12451 | 804.22 |
| Pivot | 1425.80 | 1814.50 | 12426 | 800.73 |
| Support 1 | 1422.50 | 1802.00 | 12402 | 798.22 |
| Support 2 | 1418.50 | 1789.00 | 12377 | 794.73 |
| Support 3 | 1415.20 | 1776.50 | 12353 | 792.22 |
| | | | | |
| Contract | Feb. Gold | Dec. Euro | Jan. Crude Oil | March Bonds |
| Resistance 3 | 644.40 | 1.3484 | 63.00 | 114 18/32 |
| Resistance 2 | 639.80 | 1.3403 | 62.57 | 114 7/32 |
| Resistance 1 | 637.30 | 1.3351 | 61.90 | 113 31/32 |
| Pivot | 632.70 | 1.3270 | 61.47 | 113 20/32 |
| Support 1 | 630.20 | 1.3218 | 60.80 | 113 12/32 |
| Support 2 | 625.60 | 1.3137 | 60.37 | 113 1/32 |
| Support 3 | 623.10 | 1.3085 | 59.70 | 112 25/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Tuesday, Dec 12th, 2006
Economic
08:30am Oct Trade Balance (last -$64.3B)
10:00am Dec IBD/TIPP Economic Optimism (last 55.7)
02:00pm Nov Monthly Budget Statement (last -$83.1B)
02:15pm FOMC Rate Decision Expected
Events
ICSC/UBSW Chain Store Sales (7:45, last 0.8%). Redbook Retail Sales (8:55, last 2.4%). APC, GPRO, HPQ, SMG, SWY, UAUA, WLP, WYN analyst meetings. ABC Consumer Confidence (last -1). Trading Ex-split: EMR 2-1, EZPW 3-1.
Earnings
Before the Open: BBY DG GS. After the Close: ABM ADCT CKR COO CPII MATK TUTR.
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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
Good Morning- hope everyone will have a great trading week.
LEVELS:
| Daily Support & Résistance Levels | Mini-S&P 500 Futures March 07 | Mini-Nasdaq 100 Futures March 07 | Mini-Dow Futures March 07 | Mini Russell 2000 Futures March 07 | 30-year US Bond Futures March 07 |
| Support 3 | 1406.25 | 1771.00 | 12281 | 781.00 | 11307 |
| Support 2 | 1411.25 | 1784.00 | 12321 | 788.60 | 11314 |
| Support 1 | 1416.50 | 1790.50 | 12352 | 793.10 | 11321 |
| Résistance 1 | 1427.75 | 1823.00 | 12433 | 804.80 | 11327 |
| Résistance 2 | 1432.00 | 1835.50 | 12466 | 809.50 | 11402 |
| Résistance 3 | 1438.25 | 1847.50 | 12512 | 815.20 | 11408 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Monday, Dec 11th, 2006
Economic
10:00am Oct Wholesale Inventories (last 0.9%)
Events
AES, HIG analyst meetings. TXN mid-Q update. Trading Ex-split: CRVL 3-2, GRC 5-4. Trades Ex-dividend: HPQ $0.08.
Earnings
Before the Open: ALOG MTN. After the Close: SORC SEH VRNT.
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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
Could be a volatile Friday tomorrow as many traders are waiting for the monthly un-employment report.
Don't forget we are now trading the MARCH contract for all e-minis.
LEVELS:
| Contract (March 2007) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1440.67 | 1855.00 | 12541 | 812.17 |
| Resistance 2 | 1436.33 | 1843.50 | 12501 | 809.33 |
| Resistance 1 | 1428.67 | 1822.00 | 12442 | 804.42 |
| Pivot | 1424.33 | 1810.50 | 12402 | 801.58 |
| Support 1 | 1416.67 | 1789.00 | 12343 | 796.67 |
| Support 2 | 1412.33 | 1777.50 | 12303 | 793.83 |
| Support 3 | 1404.67 | 1756.00 | 12244 | 788.92 |
| | | | | |
| Contract | Feb. Gold | Dec. Euro | Jan. Crude Oil | March Bonds |
| Resistance 3 | 647.97 | 1.3372 | 64.01 | 114 24/32 |
| Resistance 2 | 642.73 | 1.3352 | 63.33 | 114 17/32 |
| Resistance 1 | 639.87 | 1.3322 | 62.91 | 114 9/32 |
| Pivot | 634.63 | 1.3302 | 62.23 | 114 2/32 |
| Support 1 | 631.77 | 1.3272 | 61.81 | 113 26/32 |
| Support 2 | 626.53 | 1.3252 | 61.13 | 113 19/32 |
| Support 3 | 623.67 | 1.3222 | 60.71 | 113 11/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Friday, Dec 8th, 2006
Economic
08:30am Nov Unemployment Rate (last 4.4%), Change in Nonfarm Payrolls (last 92K), Change in Manufacturing Payrolls (last –39K), Average Hourly Earnings (last 0.4%), Average Weekly Hours (last 33.9)
09:00am RBC Cash Index
10:00am Dec Preliminary U. of Michigan Confidence (last 92.1)
Events
Circulatory System Devices Panel of the Medical Devices Advisory Committee meets at 8:00am. EW, HSC analyst meetings. Trades Ex-dividend: BNI $0.25, FDX $0.09.
Earnings
Before the Open: BKRS. 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.
*To be removed, please reply with remove daytrading in subject line
Dear Trader,
LEVELS:
| Contract (Dec.. 2006) | SP500 (big & Mini) | Nasdaq100 (big & Mini) | Dow Jones (big & Mini) | Mini Russell |
| Resistance 3 | 1425.67 | 1829.42 | 12437 | 809.08 |
| Resistance 2 | 1421.43 | 1821.83 | 12395 | 805.92 |
| Resistance 1 | 1418.97 | 1814.67 | 12372 | 802.33 |
| Pivot | 1414.73 | 1807.08 | 12330 | 799.17 |
| Support 1 | 1412.27 | 1799.92 | 12307 | 795.58 |
| Support 2 | 1408.03 | 1792.33 | 12265 | 792.42 |
| Support 3 | 1405.57 | 1785.17 | 12242 | 788.83 |
| | | | | |
| Contract | Feb. Gold | Dec. Euro | Jan. Crude Oil | March Bonds |
| Resistance 3 | 663.60 | 1.3450 | 64.89 | 115 20/32 |
| Resistance 2 | 658.90 | 1.3412 | 64.04 | 115 9/32 |
| Resistance 1 | 653.40 | 1.3373 | 63.24 | 114 28/32 |
| Pivot | 648.70 | 1.3335 | 62.39 | 114 17/32 |
| Support 1 | 643.20 | 1.3296 | 61.59 | 114 4/32 |
| Support 2 | 638.50 | 1.3258 | 60.74 | 113 25/32 |
| Support 3 | 633.00 | 1.3219 | 59.94 | 113 12/32 |
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
Wednesday, Dec 6th, 2006
Economic
08:15am Nov ADP Employment Change (last 128K)
10:30am Crude Oil/Gasoline/Distillate Inventories
Events
MBA Mortgage Applications (7:00, last –3.9%). Iraq Study Group expected to formally release recommendations. Clinical Chemistry and Clinical Toxicology Devices Panel of the Medical Devices Advisory Committee meets at at 8:00am. Pediatric Oncology Subcommittee of the Oncologic Drugs Advisory Committee meets at 8:30am. MDU, MEDI analyst meeting. Credit Suisse Media/Telecom conference in NYC through 12/7. UBS Global Media conference in NYC through 12/7. Credit Suisse Aerospace & Defense conference in NYC through 12/6. Lehman Brothers Global Technology conference in SF through 12/7. Wachovia Real Estate/Gaming/Lodging conference in NYC through 12/6. Goldman Sachs Steel conference through 12/7. Trades Ex-dividend: MRK $0.38, WMB $0.09.
Earnings
Before the Open: KFY TWTR. During Trading Hours: NX. After the Close: CWST DDMX GEF LQDT NCS SEAC UTI VTS.
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:
