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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, September 20, 2007

Futures Trading levels and Economic reports for Sept. 21st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

Quadruple witching tomorrow....stock options, futures (Sept. contract), future options and single stock futures.

 
 
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1552.80 2081.83 13987 834.82
Resistance 2 1547.40 2074.92 13952 829.03
Resistance 1 1539.60 2066.33 13904 822.57
Pivot 1534.20 2059.42 13869 816.78
Support 1 1526.40 2050.83 13821 810.32
Support 2 1521.00 2043.92 13786 804.53
Support 3 1513.20 2035.33 13738 798.07
         
Contract  December Gold Dec. Euro Nov. Crude Oil Dec. Bonds 
Resistance 3 755.10 1.4278 84.01 112 10/32
Resistance 2 750.70 1.4199 82.97 111 28/32
Resistance 1 745.30 1.4142 82.35 111  2/32
Pivot 740.90 1.4063 81.31 110 20/32
Support 1 735.50 1.4006 80.69 109 26/32
Support 2 731.10 1.3927 79.65 109 12/32
Support 3 725.70 1.3870 79.03 108 18/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, September 21, 2007


Economic
None Seen
Events
5:00am Fed's Mishkin speaks on monetary policy in Germany, 8:45am Fed's Plosser makes opening remarks at Philadelphia Conference, 1:00pm Fed's Warsh speaks on Financial Market Developments in Albany, S&P 400,500,600 re-balancing based on data provided Wed Sept 19th, Deutsche Bank Macau Gaming & Property Conference Trades Ex-dividend: FOR $0.045, MBJ $0.067
Earnings
During Market Hours: TONS
 
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 1:30 PM

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