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 31, 2007

Futures Trading levels and Economic reports for Nov 1st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
October went out in style with an interesting and volatile session post FOMC decision to lower rates by 0.25%
 
I wish everyone a successful trading month during November!
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1588.77 2310.00 14214 855.37
Resistance 2 1573.63 2281.50 14102 844.43
Resistance 1 1564.27 2267.00 14019 838.37
Pivot 1549.13 2238.50 13907 827.43
Support 1 1539.77 2224.00 13824 821.37
Support 2 1524.63 2195.50 13712 810.43
Support 3 1515.27 2181.00 13629 804.37
         
Contract  December Gold Dec. Euro Dec. Crude Oil Dec. Bonds 
Resistance 3 806.87 1.4509 96.65 114  8/32
Resistance 2 801.43 1.4501 96.22 113 29/32
Resistance 1 798.37 1.4491 95.71 113  8/32
Pivot 792.93 1.4483 95.28 112 29/32
Support 1 789.87 1.4473 94.77 112  8/32
Support 2 784.43 1.4465 94.34 111 29/32
Support 3 781.37 1.4455 93.83 111  8/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, November 01, 2007


Economic
7:30am Oct Challenger Job Cuts (last –28.5% y/y)
8:30am Sep Personal Income (last 0.3%), Sep Personal Spending (last 0.6%), Sep PCE deflator (last 1.8% y/y), Sep PCE Core (last 0.1% m/m, 1.8% y/y), Initial Jobless Claims (last 331K), Continuing Claims (last 2.53M)
10:00am Oct ISM Manufacturing (last 52.0), Oct ISM Prices Paid (last 59.0)
10:30am Natural Gas Inventories
Events
Oct Total Vehicle Sales (last 16.2M), Oct Domestic Vehicle Sales (last 12.5M), US Vertical Events Conference – Mining 2007 Resources Convention, Trades Ex-dividend: C $0.54, LEN $0.16, SO $0.403, NBL $0.12
Earnings
Before the Open: ABN, ASF, ATG, AGU, ATK, AU, ANSS, AIZ, AZN, RATE, BDX, BRG, BXC, BTI, CAPU, CTL, CEVA, CAM, CVS, DNR, DROOY, ECLP, EDO, EGO, FAF, HAE, HNT, ICI, INCY, ITG, JAV, CLI, MKL, MHS, MORN, MTCT, MYGN, BABY, NRGN, OGE, OSK, PTEN, PCG, PXP, PDE, PEG, RVSN, GOLD, RCI, RGLD, SNMX, SFCC, SHPGY, SNN, SRT, STRA, SFY, TBL, ULBI, UN, UL, UNT, VRX, WMB, WPZ, WPS During Market Hours: EGHT, ACS, ABC, ANDE, ANPI, CNQ, CAPA, CBEY, CMS, CA, CNXT, ED, CRY, DIOD, D, DCP, EK, EE, EBSI, ENSI, XOM, GSX, GNSS, ROCK, GTI, HB, HOS, IAR, IMMR, IGT, ITRN, LSR, MRO, MAXY, MBRX, MAA, MLNM, MOGA, NMX, ZEUS, OTEX, PEET, PHMD, LGBT, RDC, RDK, SMG, SKP, SPR, S, TSO, TBIO, WPC, WST, WLK, WMGI After the Close: ARP, AHL, ACLS, BEBE, BLKB, BUCY, CAB, ELY, CPT, CBS, COGT, CGNX, CSTR, CK, DVA, TRAK, DGII, ERTS, EDS, EQ, EAS, EVC, FLS, GMST, GGC, GFIG, GLUU, HRS, HBIO, HVT, HTRN, HMSY, HOMS, IMGN, NSIT, INTT, IVAC, ITRI, KAMNA, KEYN, LNCE, LPSN, MGRC, MTD, MOH, NFS, OII, OIS, OPNT, OTTR, PGH, PNM, RMKR, RTEC, SLRY, SBAC, SIMG, SWKS, LVB, STXN, NZT, UNA, VCLK, VVC, VRSN, WRI, WDC, WBK, GLBL
 
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 4:39 PM

0 Comments:

Post a Comment

<< Home