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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, August 21, 2007

Futures Trading levels and Economic reports for Aug 22nd

 
*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 1475.93 1961.17 13320 805.17
Resistance 2 1467.97 1942.33 13267 800.33
Resistance 1 1459.73 1931.67 13196 795.17
Pivot 1451.77 1912.83 13143 790.33
Support 1 1443.53 1902.17 13072 785.17
Support 2 1435.57 1883.33 13019 780.33
Support 3 1427.33 1872.67 12948 775.17
         
Contract  Dec Gold Sept. Euro Oct. Crude Oil Sept. Bonds 
Resistance 3 673.97 1.3582 62.45 111  7/32
Resistance 2 671.53 1.3557 61.25 110 30/32
Resistance 1 668.87 1.3518 60.60 110 25/32
Pivot 666.43 1.3493 60.00 110 16/32
Support 1 663.77 1.3454 59.20 110 11/32
Support 2 661.33 1.3429 58.60 110  2/32
Support 3 658.67 1.3390 57.90 109 29/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, August 22, 2007


Economic
10:30AM Crude Oil/Gasoline/Distillate Inventories
Events
MBA Mortgage Applications (7:00, last +3.4%). UBS Small and Mid Cap Conference. Trades Ex-split: ARO 3:2, AAON 3:2. Trades Ex-dividend: MMM $0.48, AU $0.127, ACAT $0.07, CCL $0.35, DBD $0.235, ITT $0.14, RHI $0.10, SHW $0.315, SOR $1.0, HSY $0.268, VMC $0.46.
Earnings
Before the Open: AMWD CHRS EV MAG RGS ROST SHMR TLB TECD TOL WCI. After the Close: ANF DESC FL GYMB HOTT INTU JDSU LTD MW PVH SNPS VRGY ZUMZ
 
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 1:02 PM

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