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

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, August 02, 2007

Futures Trading levels and Economic reports for August 3rd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (Sept 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1504.27 2016.67 13743 800.17
Resistance 2 1493.53 1999.33 13647 794.58
Resistance 1 1487.67 1989.67 13588 791.17
Pivot 1476.93 1972.33 13492 785.58
Support 1 1471.07 1962.67 13433 782.17
Support 2 1460.33 1945.33 13337 776.58
Support 3 1454.47 1935.67 13278 773.17
         
Contract  Dec Gold Sept. Euro Sept. Crude Oil Sept. Bonds 
Resistance 3 683.47 1.3797 62.45 110 30/32
Resistance 2 681.13 1.3761 61.25 110 18/32
Resistance 1 678.87 1.3742 60.60 110 13/32
Pivot 676.53 1.3706 60.00 110  1/32
Support 1 674.27 1.3687 59.20 109 28/32
Support 2 671.93 1.3651 58.60 109 16/32
Support 3 669.67 1.3632 57.90 109 11/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, August 03, 2007


Economic
08:30am Jul Change in Nonfarm Payrolls (last 132K), Unemployment Rate (last 4.5%), Change in Manufact. Payrolls (last –18K), Average Hourly Earnings (last 0.3%), Average Weekly Hours (last 33.9)
10:00am Jul ISM Non-Manufacturing (last 60.7)
Events
Trades Ex-dividend: FE $0.50, INTC $0.113.
Earnings
Before the Open: ASX AFR BRNC BW CSAR DMRC EOG FCN HERO ZEUS PG TTI THI TNP WY WLSC. After the Close: TS.
*Note all time are EST (GMT-5). ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES
 
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

 
* Important Please Note: 
IMPORTANT PLEASE NOTE:  TRADING COMMODITY FUTURES AND OPTIONS INVOLVE SUBSTANTIAL RISK OF LOSS.  THE RECOMMENDATIONS CONTAINED IN THE LETTER IS OF OPINION AND DOES NOT GUARANTEE ANY PROFITS.  THERE IS NOT AN ACTUAL ACCOUNT TRADING THESE RECOMMENDATIONS.   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 1:16 PM

0 Comments:

Post a Comment

<< Home