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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, May 21, 2007

Futures Trading levels and Economic reports for May 21st

 

 *To be removed, please reply with remove daytrading in subject line

 

 

 

Good Morning-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

June 07

Mini-Nasdaq 100 Futures

June 07

Mini-Dow Futures

June 07

Mini Russell 2000 Futures

June 07

30-year US Bond Futures

June 07

Support 3

1508.75

1873.00

13380

810.30

10906

Support 2

1516.50

1888.00

13471

817.90

10916

Support 1

1521.25

1897.00

13521

821.70

10924

Résistance 1

1529.50

1915.00

13615

826.10

11003

Résistance 2

1535.25

1926.00

13657

829.80

11011

Résistance 3

1538.50

1939.00

13709

835.10

11023

 

 

 Updated: 21-May-07 08:23 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

May 23

10:30

Crude Inventories

05/18

 

NA

NA

1061K

 

May 24

08:30

Durable Orders

Apr

 

0.7%

1.0%

3.7%

 

May 24

08:30

Initial Claims

05/19

 

315K

300K

293K

 

May 24

10:00

New Home Sales

Apr

 

850K

860K

858K

 

May 25

10:00

Existing Home Sales

Apr

 

6.20M

6.10M

6.12M

 

 

 

 

 

 

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 / commodity broker
Cannon Trading Co Inc. - home of online futures trading
http://www.cannontrading.com 
http://www.E-Futures.com 
ilan@cannontrading.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. 


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