Cannon Trading Co. Inc.
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Since 1988

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, January 29, 2007

Jan. 29th 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

1418.00

1747.00

12426

773.20

10906

Support 2

1422.00

1765.00

12462

781.10

10913

Support 1

1424.75

1773.00

12505

784.70

10917

Résistance 1

1431.50

1792.00

12542

792.70

11000

Résistance 2

1434.75

1804.00

12568

795.30

11008

Résistance 3

1438.00

1823.00

12598

799.90

11019

 

 

 Updated: 29-Jan-07 08:04 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Jan 30

10:00

Consumer Confidence

Jan

 

110.5

109.5

109.0

 

Jan 31

08:30

GDP-Adv.

Q4

 

3.0%

3.0%

2.0%

 

Jan 31

08:30

Chain Deflator-Adv.

Q4

 

1.5%

1.7%

1.9%

 

Jan 31

08:30

Employment Cost Index

Q4

 

0.9%

1.0%

1.0%

 

Jan 31

09:45

Chicago PMI

Jan

 

52.0

52.0

51.6

 

Jan 31

10:00

Construction Spending

Dec

 

-0.2%

0.0%

-0.2%

 

Jan 31

10:30

Crude Inventories

01/26

 

NA

NA

789K

 

Jan 31

14:15

FOMC policy statement

 

 

 

 

 

 

Feb 01

08:30

Personal Income

Dec

 

0.5%

0.5%

0.3%

 

Feb 01

08:30

Personal Spending

Dec

 

0.7%

0.7%

0.5%

 

Feb 01

08:30

Initial Claims

01/27

 

315K

318K

325K

 

Feb 01

10:00

ISM Index

Jan

 

52.0

51.5

51.4

 

Feb 01

17:00

Auto Sales

Jan

 

5.4M

5.4M

5.6M

 

Feb 01

17:00

Truck Sales

Jan

 

7.3M

7.4M

7.2M

 

Feb 02

08:30

Nonfarm Payrolls

Jan

 

135K

150K

167K

 

Feb 02

08:30

Unemployment Rate

Jan

 

4.5%

4.5%

4.5%

 

Feb 02

08:30

Hourly Earnings

Jan

 

0.2%

0.3%

0.5%

 

Feb 02

08:30

Average Workweek

Jan

 

33.9

33.9

33.9

 

Feb 02

10:00

Factory Orders

Dec

 

2.0%

1.5%

0.9%

 

Feb 02

10:00

Mich Sentiment-Rev.

Jan

 

98.0

97.8

98.0

 

 

 

 

 

 


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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