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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, April 19, 2007

Trading levels and reports for April 20th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Not much going on tomorrow EXCEPT for April options expiration day on stocks and futures. Have a great trading day.
 
LEVELS:
 
Contract (JUNE 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1494.93 1879.67 13009 834.50
Resistance 2 1488.37 1866.83 12944 831.25
Resistance 1 1484.43 1857.67 12909 825.50
Pivot 1477.87 1844.83 12844 822.25
Support 1 1473.93 1835.67 12809 816.50
Support 2 1467.37 1822.83 12744 813.25
Support 3 1463.43 1813.67 12709 807.50
         
Contract  June Gold June Euro June Crude Oil June Bonds 
Resistance 3 700.53 1.3720 65.05 112  6/32
Resistance 2 695.77 1.3686 64.57 111 30/32
Resistance 1 692.03 1.3661 63.95 111 21/32
Pivot 687.27 1.3627 63.47 111 13/32
Support 1 683.53 1.3602 62.85 111  4/32
Support 2 678.77 1.3568 62.37 110 28/32
Support 3 675.03 1.3543 61.75 110 19/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, April 20, 2007


Economic
None
Events
Treasury's Paulson speaks at China conference in NYC at 12:00pm. Fed's Miskin speaks on Economic Outlook in NY at 12:30pm. Trades Ex-dividend: CL $0.36, GS $0.35.
Earnings
Before the Open: ACO CAT HON IMN MAN MCD PFE SAIA SAP SLB SON WL WIT XRX. After the Close: None.
 
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 1:17 PM

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