Cannon Trading Co. Inc.
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Since 1988

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, January 17, 2007

Daily support & resistance for Dow, Naz, Russ, S&P, & Bonds and economic data to be released

 

 

 

 

Good Morning-

 

 

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

1424.50

1822.00

12507

781.10

11005

Support 2

1428.50

1830.00

12563

786.20

11016

Support 1

1432.25

1839.00

12594

790.20

11023

Résistance 1

1444.50

1869.00

12654

798.10

11108

Résistance 2

1449.25

1883.00

12703

801.70

11117

Résistance 3

1453.75

1897.00

12733

807.10

11202

 

 

 Updated: 17-Jan-07 08:30 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Jan 17

08:30

PPI

Dec

0.9%

0.7%

0.5%

2.0%

 

Jan 17

08:30

Core PPI

Dec

0.2%

0.1%

0.1%

1.3%

 

Jan 17

09:00

Net Foreign Purchases

Nov

 

 

 

$82.3B

 

Jan 17

09:15

Industrial Production

Dec

 

0.0%

0.1%

0.2%

 

Jan 17

09:15

Capacity Utilization

Dec

 

81.6%

81.7%

81.8%

 

Jan 17

14:00

Fed's Beige Book

 

 

 

 

 

 

Jan 18

08:30

CPI

Dec

 

0.4%

0.4%

0.0%

 

Jan 18

08:30

Core CPI

Dec

 

0.1%

0.2%

0.0%

 

Jan 18

08:30

Housing Starts

Dec

 

1580K

1570K

1588K

 

Jan 18

08:30

Building Permits

Dec

 

1510K

1505K

1513K

 

Jan 18

08:30

Initial Claims

01/12

 

315K

315K

299K

 

Jan 18

10:00

Leading Indicators

Dec

 

0.2%

0.2%

0.1%

 

Jan 18

10:30

Crude Inventories

01/12

 

NA

NA

-4990K

 

Jan 18

12:00

Philadelphia Fed

Jan

 

3.0

2.0

-2.3

 

Jan 19

10:00

Mich Sentiment-Prel.

Jan

 

93.0

92.4

91.7

 

 

 

 

 

 


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. Readers are urged to exercise their own judgment in trading!

 

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannoncapital.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

* Important Please Note: The material 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. 

 

 

 

 

     
 

 

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