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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, October 29, 2007

Futures Trading levels and Economic reports for Oct. 30th

 
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Dear Trader,
 
Quiet day ahead of the 2 day FOMC meeting along with the rate decision on Wednesday Oct. 31st at 2:30 Eastern time.
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1559.57 2244.33 14017 841.00
Resistance 2 1555.13 2234.17 13975 836.00
Resistance 1 1551.07 2224.83 13943 830.75
Pivot 1546.63 2214.67 13901 825.75
Support 1 1542.57 2205.33 13869 820.50
Support 2 1538.13 2195.17 13827 815.50
Support 3 1534.07 2185.83 13795 810.25
         
Contract  December Gold Dec. Euro Dec. Crude Oil Dec. Bonds 
Resistance 3 801.40 1.4519 96.50 114 13/32
Resistance 2 798.20 1.4484 95.10 114  4/32
Resistance 1 795.40 1.4459 94.32 113 28/32
Pivot 792.20 1.4424 92.92 113 19/32
Support 1 789.40 1.4399 92.14 113 11/32
Support 2 786.20 1.4364 90.74 113  2/32
Support 3 783.40 1.4339 89.96 112 26/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, October 30, 2007


Economic
10:00am Oct Consumer Confidence (last 99.8)
Events
12:10am Treasury Sec Paulson discusses India's Economy in New Delhi, TDWI World Conference, ICSC/UBSW Chain Store Sales (7:45, last 2.2%). Redbook Retail Sales (8:55, last 2.1%). ABC Consumer Confidence (last -17 ). Trades Trades Ex-dividend: EK $0.25
Earnings
Before the Open: ASX, AIRV, AHG, ADP, BF, BEAV, BEC, BMS, BJS, CL, CMC, CHR, CPO, RRD, DIIB, E, IT , GLT, GPI, HSII, HEP, LUX, MF, NURO, NHY, ODP, ONNN, PEI, PMI, Q, RBA, KPN, SAFC, SINT, SAH, TEN, TRW, USB, UA, UPM, VSH, WLM, WHQ, During the Market Hours: AAI, AL, AMED, AXL, ACAS, ASI, ABG, AVP, BTRX, CPF, ENR, ENZN, EVBN, FE, FSRV, RAIL, IMO, IVC, JAH, TLF, LIZ, LNET, MHO, MAS, MUSA, MPWR, NEWP, OSUR, PTIX, PER, PG, RDYN, SANM, SQNM, SFLY, SQM, SNCI, STAA, SLF, TDC, TZIX, TUES, X, WEC, After the Close: ACC, AHS, ANSR, ATML, BBOX, BRE, CACS, CHE, CMG, CYH, DWA, EAC, EQIX, EQY, EQR, FFG, FEIC, FPO, FBC, FPIC, GPRO, GERN, GIGA, GXP, HS, HIW, INFN, IVGN, KANA, KTCC, KFRC, BOOT, LFG, XPRT, LNC, MCK, MCBI, MOSY, NC, NLC, NANO, NCIT, NAL, NEU, NMSS, OLN, PACR, PPO, RNR, SVNT, SIRF, SPSS, SUMT, SPRT, SKT, TESS, TTPY, USTR, CHIP, WWIN, WBSN, WCST, WLL
 
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 1:17 PM

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