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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, June 01, 2007

Futures Trading levels and Economic reports for June 4th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
LEVELS:
 
Contract (JUNE 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1552.27 1958.83 13784 864.00
Resistance 2 1547.53 1951.92 13744 860.70
Resistance 1 1543.47 1941.83 13717 857.35
Pivot 1538.73 1934.92 13677 854.05
Support 1 1534.67 1924.83 13650 850.70
Support 2 1529.93 1917.92 13610 847.40
Support 3 1525.87 1907.83 13583 844.05
         
Contract  August Gold June Euro July Crude Oil Sept. Bonds 
Resistance 3 688.77 1.3555 66.61 109 27/32
Resistance 2 683.03 1.3513 65.92 109 18/32
Resistance 1 679.97 1.3483 65.50 109  1/32
Pivot 674.23 1.3441 64.81 108 24/32
Support 1 671.17 1.3411 64.39 108  7/32
Support 2 665.43 1.3369 63.70 107 30/32
Support 3 662.37 1.3339 63.28 107 13/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, June 04, 2007


Economic
10:00am Apr Factory Orders (last 3.5%)
Events
Amercian Society of Clinical Oncologists (ASCO) conference through 6/5. Goldman Sachs Lodging/Gaming/Restaurant/Leisure conference in NYC through 6/5. MFC, PFE, PMTC, VIRL analyst meetings. Trading Ex-split: BAM 3-2. Trades Ex-dividend: SLB $0.175.
Earnings
Before the Open: KKD. After the Close: BOBE CMOS DMND FCEL SIGM.
 
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 / 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. 
 

posted by Cannon Trading at 1:21 PM

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