Cannon Trading Co. Inc.
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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, March 16, 2007

Trading levels and reports for March 19th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Another volatile week of trading is behind us and I like to wish everyone a great, relaxing weekend!
 
LEVELS:
 
Contract (JUNE 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1421.57 1789.67 12374 798.75
Resistance 2 1415.63 1780.33 12329 795.25
Resistance 1 1407.07 1771.67 12269 790.00
Pivot 1401.13 1762.33 12224 786.50
Support 1 1392.57 1753.67 12164 781.25
Support 2 1386.63 1744.33 12119 777.75
Support 3 1378.07 1735.67 12059 772.50
         
Contract  April Gold March Euro April Crude Oil June Bonds 
Resistance 3 662.10 1.3517 60.16 113 13/32
Resistance 2 659.30 1.3454 59.20 113  5/32
Resistance 1 656.60 1.3408 58.16 112 31/32
Pivot 653.80 1.3345 57.20 112 23/32
Support 1 651.10 1.3299 56.16 112 17/32
Support 2 648.30 1.3236 55.20 112  9/32
Support 3 645.60 1.3190 54.16 112  3/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, Mar 19th, 2007


Economic
01:00pm Mar NAHB Housing Market Index (last 40)
Events
Bank of Japan Policy meeting. Lehman Global Healthcare conference in Miami through 3/21. HNT, UDR analyst meeting. Trading Ex-split: GME 2-1, RSG 3-2, SEE 2-1.
Earnings
Before the Open: MOVI NT. After the Close: COSI.
 
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 12:59 PM

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