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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, July 19, 2007

Futures Trading levels and Economic reports for July 20th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Make it a great Friday and a great weekend.
 
LEVELS:
 
Contract (SEPT. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1571.37 2093.00 14153 861.30
Resistance 2 1568.13 2085.50 14121 859.90
Resistance 1 1563.97 2076.00 14090 857.30
Pivot 1560.73 2068.50 14058 855.90
Support 1 1556.57 2059.00 14027 853.30
Support 2 1553.33 2051.50 13995 851.90
Support 3 1549.17 2042.00 13964 849.30
         
Contract  August Gold Sept. Euro Sept. Crude Oil Sept. Bonds 
Resistance 3 684.90 1.3897 77.66 108 13/32
Resistance 2 681.70 1.3877 76.81 108  3/32
Resistance 1 679.90 1.3852 76.36 107 30/32
Pivot 676.70 1.3832 75.51 107 20/32
Support 1 674.90 1.3807 75.06 107 15/32
Support 2 671.70 1.3787 74.21 107  5/32
Support 3 669.90 1.3762 73.76 107     
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, July 20, 2007


Economic
None
Events
Fed's Poole speaks on Subprime Mortgages in St. Louis at 11:00am.
Earnings
Before the Open: BSX CAT C JRC KCI PRSP SAY SLB SON WB WL. After the Close: HIFN.
 
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 1:18 PM

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