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

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, October 18, 2007

Futures Trading levels and Economic reports for Oct. 19th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
The only worthy comment I have for tomorrow is that it will be the 20th anniversary for black October of 1987...
 
Have a good trading day!
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1563.10 2248.67 14071 841.00
Resistance 2 1557.20 2229.33 14021 836.00
Resistance 1 1552.10 2216.67 13980 832.00
Pivot 1546.20 2197.33 13930 827.00
Support 1 1541.10 2184.67 13889 823.00
Support 2 1535.20 2165.33 13839 818.00
Support 3 1530.10 2152.67 13798 814.00
         
Contract  December Gold Dec. Euro Nov. Crude Oil Dec. Bonds 
Resistance 3 775.70 1.4462 93.16 112 20/32
Resistance 2 773.50 1.4394 91.47 112 14/32
Resistance 1 771.10 1.4349 90.51 112  9/32
Pivot 768.90 1.4281 88.82 112  3/32
Support 1 766.50 1.4236 87.86 111 30/32
Support 2 764.30 1.4168 86.17 111 24/32
Support 3 761.90 1.4123 85.21 111 19/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, October 19, 2007


Economic
None Seen
Events
G7 Meeting October 19, 20 in Washington DC, FDA IT Strategic Planning Meeting (apply to support process of review for human drug applications), Credit Suisse Group Institutional Investors Conference, Renaissance Capital New York Investor Conference, Trades Ex-dividend: PCBC $0.22, LTC $0.125
Earnings
Before the Open: MMM, ACI, BSX, CAT, C, FITB, HOG, HON, KNSY, OSTK, SLB, SON, WB, WL, XRX After the Close: None Seen
 
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 1:20 PM

0 Comments:

Post a Comment

<< Home