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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, August 13, 2007

Futures Trading levels and Economic reports for Aug. 14th

 
*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 1485.57 1968.67 13470 819.28
Resistance 2 1479.03 1962.83 13425 811.77
Resistance 1 1467.07 1952.67 13340 797.03
Pivot 1460.53 1946.83 13295 789.52
Support 1 1448.57 1936.67 13210 774.78
Support 2 1442.03 1930.83 13165 767.27
Support 3 1430.07 1920.67 13080 752.53
         
Contract  August Gold Sept. Euro Sept. Crude Oil Sept. Bonds 
Resistance 3 685.43 1.3803 74.51 110 12/32
Resistance 2 683.97 1.3765 73.81 109 30/32
Resistance 1 682.43 1.3697 72.71 109 23/32
Pivot 680.97 1.3659 72.01 109  9/32
Support 1 679.43 1.3591 70.91 109  2/32
Support 2 677.97 1.3553 70.21 108 20/32
Support 3 676.43 1.3485 69.11 108 13/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, August 14, 2007


Economic
08:30AM June Trade Balance (last –$60B), July Producer Price Index (last –0.2%), PPI Ex Food & Energy (last 0.3
Events
ICSC/UBSW Chain Store Sales (7:45, last –0.3%). Redbook Retail Sales (8:55, last +3.2%). ABC Consumer Confidence (last ). CSFB Communications Conf. Keefe, Bruyette & Woods Large Cap Bank Conf. Trades Trades Ex-dividend: AMAT $0.06, DSX $0.51, MSFT $0.10.
Earnings
Before the Open: AER DDS ESLT FOSL GKSR GIGM HD IGLD MTRX SCHS TJX WMT. After the Close: A ANST AMAT BBOX JRJC GUID DISK LZB LCBM NWRE NLST.
 
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 1:56 PM

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