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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, July 06, 2007

Futures Trading levels and Economic reports for July 9th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
Have a great weekend! or if you are reading this on Monday, have a great trading day!!
 
LEVELS:
 
Contract (SEPT. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1559.00 2032.33 13844 870.00
Resistance 2 1551.40 2021.17 13785 864.90
Resistance 1 1546.70 2014.33 13746 861.70
Pivot 1539.10 2003.17 13687 856.60
Support 1 1534.40 1996.33 13648 853.40
Support 2 1526.80 1985.17 13589 848.30
Support 3 1522.10 1978.33 13550 845.10
         
Contract  August Gold Sept. Euro August Crude Oil Sept. Bonds 
Resistance 3 668.27 1.3759 73.75 106 27/32
Resistance 2 662.53 1.3717 73.34 106 21/32
Resistance 1 658.67 1.3686 73.07 106 12/32
Pivot 652.93 1.3644 72.66 106  6/32
Support 1 649.07 1.3613 72.39 105 29/32
Support 2 643.33 1.3571 71.98 105 23/32
Support 3 639.47 1.3540 71.71 105 14/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, July 09, 2007


Economic
11:00am Treasury's 10-year TIPS Announcement
03:00pm May Consumer Credit (last $2.6B)
Events
None
Earnings
Before the Open: NUHC SCHN. After the Close: AA QMED WDFC.
 
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 1:03 PM

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