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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, August 10, 2007

Futures Trading levels and Economic reports for August 13th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Hope everyone will enjoy a nice, relaxing weekend and a great trading week starting Monday.
 
LEVELS:
 
Contract (SEPT. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1501.50 2004.67 13601 835.33
Resistance 2 1485.00 1980.33 13476 819.17
Resistance 1 1468.00 1954.67 13356 803.33
Pivot 1451.50 1930.33 13231 787.17
Support 1 1434.50 1904.67 13111 771.33
Support 2 1418.00 1880.33 12986 755.17
Support 3 1401.00 1854.67 12866 739.33
         
Contract  August Gold Sept. Euro Sept. Crude Oil Sept. Bonds 
Resistance 3 703.80 1.3804 73.51 109 29/32
Resistance 2 695.40 1.3764 72.56 109 25/32
Resistance 1 688.50 1.3740 72.01 109 17/32
Pivot 680.10 1.3700 71.06 109 13/32
Support 1 673.20 1.3676 70.51 109  5/32
Support 2 664.80 1.3636 69.56 109  1/32
Support 3 657.90 1.3612 69.01 108 25/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, August 13, 2007


Economic
08:30AM July Advance Retail Sales (last –0.9%), Retail Sales Less Autos (last –0.4%)
10:00AM June Business Inventories (last 0.5%)
Events
Keefe, Bruyette & Woods Large Cap Bank Conf. Trades Ex-split: HCSG 3:2. Trades Ex-dividend: AIT $0.15, ADM $$0.115, CIT $0.25, ED $0.58, CFC $0.15, LLY $0.425, EXC $0.44, IR $0.18, IP $0.25, LEH $0.15, STU $1.43, X $0.20.
Earnings
Before the Open: CSIQ GTLS GRRF CHCI LCRY SYY VAL VYYO XFML. After the Close: ARII ANSW BOBE CNTF CPII DV DTE ERJ EXM LINE NTES PAAS FACE STEC WNS.
 
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 1:32 PM

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