Cannon Trading Co. Inc.
We believe. The next frontier in futures trading.
Since 1988

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, July 02, 2007

Futures Trading levels and Economic reports for July 3rd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Short session tomorrow and markets are closed Wednesday for 4th of July holiday.
 
Detailed trading hours at:
 
 
 
 
LEVELS:
 
Contract (SEPT. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1547.43 1994.67 13771 862.25
Resistance 2 1540.07 1985.33 13704 857.00
Resistance 1 1535.53 1978.67 13665 854.00
Pivot 1528.17 1969.33 13598 848.75
Support 1 1523.63 1962.67 13559 845.75
Support 2 1516.27 1953.33 13492 840.50
Support 3 1511.73 1946.67 13453 837.50
         
Contract  August Gold Sept. Euro August Crude Oil Sept. Bonds 
Resistance 3 669.63 1.3811 73.34 108 20/32
Resistance 2 665.47 1.3742 72.30 108 11/32
Resistance 1 662.33 1.3701 71.69 108  6/32
Pivot 658.17 1.3632 70.65 107 29/32
Support 1 655.03 1.3591 70.04 107 24/32
Support 2 650.87 1.3522 69.00 107 15/32
Support 3 647.73 1.3481 68.39 107 10/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, July 03, 2007


Economic
10:00am May Pending Home Sales (last –3.2%), Factory Orders (last 0.3%)
Events
Early Close today Bond and Equity Markets. ICSC/UBSW Chain Store Sales (7:45, last 1.4%). Redbook Retail Sales (8:55, last 1.7%). June Total Vehicle Sales (last 16.2M); Domestic Vehicle Sales (last 12.3M). ABC Consumer Confidence (last -12). Trades Ex-dividend: AXP $0.15, BMY $0.28, GD $0.29, JPM $0.38.
Earnings
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 / 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 1:39 PM

0 Comments:

Post a Comment

<< Home