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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, November 21, 2007

Futures Trading levels and Economic reports for FRIDAY, Nov. 23rd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Markets are closed tomorrow, Thursday, Nov. 22nd.
Some markets are closed Friday, some are open short hours. Stock index futures including mini SP, mini Russell, mini Dow etc will close early Friday, at 12:15 Pm central time.
 
Complete trading hours at:
 
 
LEVELS:
 
Contract (DEC. 2007)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1454.57 2093.33 13117 760.00
Resistance 2 1447.03 2069.67 13055 755.00
Resistance 1 1432.27 2038.33 12935 747.00
Pivot 1424.73 2014.67 12873 742.00
Support 1 1409.97 1983.33 12753 734.00
Support 2 1402.43 1959.67 12691 729.00
Support 3 1387.67 1928.33 12571 721.00
         
Contract  December Gold Dec. Euro Jan. Crude Oil Dec. Bonds 
Resistance 3 813.40 1.4999 101.83 117  5/32
Resistance 2 809.20 1.4939 100.56 116 31/32
Resistance 1 803.90 1.4902 98.85 116 24/32
Pivot 799.70 1.4842 97.58 116 18/32
Support 1 794.40 1.4805 95.87 116 11/32
Support 2 790.20 1.4745 94.60 116  5/32
Support 3 784.90 1.4708 92.89 115 30/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, November 22, 2007


Economic
None Seen
Events
Thanksgiving Holiday Markets closed
Earnings
None Seen

Friday, November 23, 2007


Economic
None Seen
Events
1:00pm NYSE trading floor closes, 2:00pm Bond Markets close, Credit Suisse China Healthcare Sector Day, Trades Ex-dividend: JNJ $0.415, $0.075, AEA $0.125, GNA $0.165
Earnings
WATG
 
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 1:29 PM

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