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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, September 26, 2007

Futures Trading levels and Economic reports for Sept. 27th

 
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Dear Trader,
 
 
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1551.87 2136.33 14104 826.33
Resistance 2 1546.73 2127.17 14051 822.17
Resistance 1 1540.77 2118.33 14005 818.33
Pivot 1535.63 2109.17 13952 814.17
Support 1 1529.67 2100.33 13906 810.33
Support 2 1524.53 2091.17 13853 806.17
Support 3 1518.57 2082.33 13807 802.33
         
Contract  December Gold Dec. Euro Nov. Crude Oil Dec. Bonds 
Resistance 3 752.33 1.4226 83.79 111 21/32
Resistance 2 748.17 1.4205 82.30 111  8/32
Resistance 1 741.83 1.4176 81.41 111     
Pivot 737.67 1.4155 79.92 110 19/32
Support 1 731.33 1.4126 79.03 110 11/32
Support 2 727.17 1.4105 77.54 109 30/32
Support 3 720.83 1.4076 76.65 109 22/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, September 27, 2007


Economic
8:30am 2Q Final GDP Annualized (last 4.0%), 2Q Final GDP Price Index (last 2.7%), 2Q Final Personal Consumption (last 1.4%), 2Q Final Core PCE q/q (last 1.3%), Initial Jobless Claims (last 311K), Continuing Claims (2.54M)
10:00am Aug New Home Sales (last 870K, m/m last 2.8%), Aug Help Wanted Index (last 25)
10:30am Natural Gas Inventories
1:00pm 5-year note auction
Events
5:30pm Fed's Mishkin speaks on domestic prices, Deutsche Bank Securities Global Oil & Gas Conference, Bear Stearns & Co, Inc US Rates London Conference, Trades Ex-dividend: CAH $0.12, CCZ $0.414, HOG $0.30, OMX $0.15, TYC $0.15
Earnings
Before the Open: CHTT, CRAI, KBH, MKC, RAD, TXI, MTN After the Close: ACN, CBK, CTAS, COGN, CREL, ESIO, FINL, GPN, HMX, JBL, PLL, TIBX
 
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 1:19 PM

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