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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, February 05, 2007

Trading levels and reports for Feb. 5th

 
*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 1460.33 1825.17 12795 818.83
Resistance 2 1457.17 1817.83 12765 816.32
Resistance 1 1455.23 1812.67 12727 814.53
Pivot 1452.07 1805.33 12697 812.02
Support 1 1450.13 1800.17 12659 810.23
Support 2 1446.97 1792.83 12629 807.72
Support 3 1445.03 1787.67 12591 805.93
         
Contract  April Gold March Euro March Crude Oil March Bonds 
Resistance 3 679.17 1.3178 61.78 111  1/32
Resistance 2 672.23 1.3135 60.44 110 24/32
Resistance 1 661.87 1.3063 59.73 110 14/32
Pivot 654.93 1.3020 58.39 110  5/32
Support 1 644.57 1.2948 57.68 109 27/32
Support 2 637.63 1.2905 56.34 109 18/32
Support 3 627.27 1.2833 55.63 109  8/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, Feb 5th, 2007


Economic
10:00am Jan ISM Non-Manufacturing (last 56.7)
Events
BBG, TXT, WEN analyst meetings. Thomas Weisel Technology conference in SF through 2/7. Trades Ex-dividend: INTC $0.113, MER $0.35.
Earnings
Before the Open: AGYS ATRS AGII BEAV CRNT CTSH HERO HEW HEP HUM IPS KRC NTBK OSTK PMI PCH RBC RCL TIN VOCS. After the Close: ARXX APC AUDC AXS BLKB BRS CUZ EW ESE FNF GRP IKAN LVS MNT NFG NAVR OTTR PKY PRE PBI PLMD PPS PPDI PBH PFG QSII RCII SOHU TNB TZIX UFPI WMS.
 
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. 
 

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