Cannon Trading Co. Inc.
We believe. The next frontier in futures trading.
Since 1988

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, October 10, 2007

Futures Trading levels and Economic reports for Oct. 11th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1587.77 2216.67 14360 855.67
Resistance 2 1581.73 2207.83 14290 853.23
Resistance 1 1577.57 2201.67 14215 851.37
Pivot 1571.53 2192.83 14145 848.93
Support 1 1567.37 2186.67 14070 847.07
Support 2 1561.33 2177.83 14000 844.63
Support 3 1557.17 2171.67 13925 842.77
         
Contract  December Gold Dec. Euro Nov. Crude Oil Dec. Bonds 
Resistance 3 758.07 1.4280 83.48 111 23/32
Resistance 2 754.93 1.4236 82.42 111 13/32
Resistance 1 750.47 1.4201 81.85 111  3/32
Pivot 747.33 1.4157 80.79 110 25/32
Support 1 742.87 1.4122 80.22 110 15/32
Support 2 739.73 1.4078 79.16 110  5/32
Support 3 735.27 1.4043 78.59 109 27/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, October 11, 2007


Economic
08:30 Aug Trade Balance (-$59.2B), Initial Jobless Claims (last 317K), Continuing Claims (last 2.54M), September Import Price Index (last –0.3% m/m, 1.9% y/y)
10:30 Crude Oil/Gasoline/Distillate Inventories, Natural Gas Inventories
Events
More September Same Store Sales to be reported before the open, Fed's Kroszner speaks at 10:45AM, Credit Suisse Group Volatility Seminar, AGA Mini-Forum for the NY Financial Analyst Community, Trades Ex-dividend: ABT $0.325, AFG $0.10, FCX $0.313, HSC $0.178, MMC $0.19, WWY $0.29
Earnings
Before the Open: CMN, COST, FAST, FCSX, GE, PEP, SWY, SVU, WGO. After the Close: AZPN, BPOP, SPTN
 
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

0 Comments:

Post a Comment

<< Home