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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, April 20, 2007

Futures Trading levels and Economic reports for April 23rd 2007

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
New highs on stock indices right on option expiration day.
 
Next week should be just as interesting with many economic reports as well as earning reports. Enjoy your weekend!
 
LEVELS:
 
Contract (JUNE 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1503.80 1890.00 13137 841.17
Resistance 2 1498.30 1880.00 13078 837.58
Resistance 1 1495.50 1871.00 13046 835.42
Pivot 1490.00 1861.00 12987 831.83
Support 1 1487.20 1852.00 12955 829.67
Support 2 1481.70 1842.00 12896 826.08
Support 3 1478.90 1833.00 12864 823.92
         
Contract  June Gold June Euro June Crude Oil June Bonds 
Resistance 3 701.87 1.3709 65.56 111 28/32
Resistance 2 699.93 1.3689 64.88 111 22/32
Resistance 1 697.87 1.3657 64.50 111 15/32
Pivot 695.93 1.3637 63.82 111  9/32
Support 1 693.87 1.3605 63.44 111  2/32
Support 2 691.93 1.3585 62.76 110 28/32
Support 3 689.87 1.3553 62.38 110 21/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, April 23, 2007


Economic
11:00am 00am Treasury's 2-year and 5-year Note funding announcement
Events
CAT analyst meeting. Treasury's Paulson speaks on Social Security in DC at 3:15pm.
Earnings
Before the Open: ACI BOH CNH GNTX HSC HAS KNSY KMB LLL LEE MDU NVS PVTB ROH SIFY. During Trading Hours: SNV. After the Close: ALB ALTR AMGN BSX BRO CLMS CB CLB CVTI CR DST EW EFX EEFT RE ESRX FDG FWRD GRP HXL JDAS JNPR LNCR MSPD PTV PRE PCL PLXT RADN RMD SLG TXN TNB UCTT VLTR BER WCN WGOV.
 
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 ensure 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 1:16 PM

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