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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, July 13, 2007

Futures Trading levels and Economic reports for July 16th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
All time made today on the cash SP 500.
 
Hope everyone will enjoy a great weekend and a successful trading week.
 
LEVELS:
 
Contract (SEPT. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1578.20 2074.00 14115 868.53
Resistance 2 1572.00 2063.00 14064 865.27
Resistance 1 1567.40 2056.50 14027 863.03
Pivot 1561.20 2045.50 13976 859.77
Support 1 1556.60 2039.00 13939 857.53
Support 2 1550.40 2028.00 13888 854.27
Support 3 1545.80 2021.50 13851 852.03
         
Contract  August Gold Sept. Euro August Crude Oil Sept. Bonds 
Resistance 3 675.03 1.3895 75.29 107 29/32
Resistance 2 672.37 1.3869 74.64 107 18/32
Resistance 1 669.83 1.3844 74.29 107  9/32
Pivot 667.17 1.3818 73.64 106 30/32
Support 1 664.63 1.3793 73.29 106 21/32
Support 2 661.97 1.3767 72.64 106 10/32
Support 3 659.43 1.3742 72.29 106  1/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, July 16, 2007


Economic
08:30am Jul Empire Manufacturing (last 25.8)
Events
None
Earnings
Before the Open: ETN MAT MERX. After the Close: ADTN INVX NVLS STLY UFPI.
 
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 1:01 PM

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