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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, October 12, 2007

Futures Trading levels and Economic reports for Oct. 15th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Hope everyone will/had a good weekend and have a successful upcoming trading week.
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1587.27 2241.67 14302 849.67
Resistance 2 1580.63 2220.33 14238 847.33
Resistance 1 1577.07 2209.67 14201 845.17
Pivot 1570.43 2188.33 14137 842.83
Support 1 1566.87 2177.67 14100 840.67
Support 2 1560.23 2156.33 14036 838.33
Support 3 1556.67 2145.67 13999 836.17
         
Contract  December Gold Dec. Euro Nov. Crude Oil Dec. Bonds 
Resistance 3 763.83 1.4290 85.51 111 19/32
Resistance 2 760.67 1.4261 84.75 111  9/32
Resistance 1 757.23 1.4229 84.22 110 26/32
Pivot 754.07 1.4200 83.46 110 16/32
Support 1 750.63 1.4168 82.93 110  1/32
Support 2 747.47 1.4139 82.17 109 23/32
Support 3 744.03 1.4107 81.64 109  8/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, October 15, 2007


Economic
8:30am Oct Empire Manufacturing (last 14.7)
Events
11:25 Treasury's Paulson speaks about supporting National Parks in Austin, TX, 7:00pm Fed's Bernanke speaks on outlook to economic club of New York Dinner, Fourth Annual Canadian CMSA conference, DIA Clinical Forum, Trades Ex-dividend: AYI $0.15, EOG $0.09, GGP $0.50, KWR $0.215
Earnings
Before the Open: SCHW, ETN, HUB.B, MAT, EDU, JNC, GWW After the Close: ADTN, BMI, DNA, JBHT, RBN, SONC, STLY
 
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.
 

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