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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, April 02, 2007

Trading levels and reports for April 3rd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Some what lighter volume today, which is expected to continue tomorrow and Wednesday due to passover. Also don't forget markets are closed Friday in observence of good Friday. Have a good shorter trading week.
 
LEVELS:
 

Contract (JUNE 2007)

SP500 (big & Mini)

Nasdaq100 (big & Mini)

Dow Jones (big & Mini)

Mini Russell

Resistance 3

1446.97

1818.33

12546

817.33

Resistance 2

1441.33

1807.67

12505

813.42

Resistance 1

1437.27

1798.83

12476

811.33

Pivot

1431.63

1788.17

12435

807.42

Support 1

1427.57

1779.33

12406

805.33

Support 2

1421.93

1768.67

12365

801.42

Support 3

1417.87

1759.83

12336

799.33

Contract

June Gold

June Euro

May Crude Oil

June Bonds

Resistance 3

685.07

1.3483

62.45

111 25/32

Resistance 2

678.43

1.3454

61.25

111 20/32

Resistance 1

674.97

1.3430

60.60

111 16/32

Pivot

668.33

1.3401

60.00

111 11/32

Support 1

664.87

1.3377

59.20

111 7/32

Support 2

658.23

1.3348

58.60

111 2/32

Support 3

654.77

1.3324

57.90

110 30/32

 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, Apr 3rd, 2007


Economic
10:00am Feb Pending Home Sales (last –4.1%)
Events
ICSC/UBSW Chain Store Sales (7:45, last 3.4%). Redbook Retail Sales (8:55, last 3.9%). Mar Total Vehicle Sales (last 16.6M); Domestic Vehicle Sales (last 12.8M). ABC Consumer Confidence (last -2). Trading Ex-split: BWS 3-2, NKE 2-1. Trades Ex-dividend: BMY $0.28, JPM $0.34, MDT $0.11.
Earnings
Before the Open: ISCA POP. After the Close: EXFO OXM RBN.
 
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 1:12 PM

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