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Cannon Trading Futures Blog: Daily Support and Resistance Levels

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Saturday, December 29, 2007

New Year's Trading Schedule

Please note that there are special trading hours due to the New Year's holiday. Click below to view the schedule:

New Year's Futures Trading Schedule

Friday, December 28, 2007

daily support & résistance and economic data to be released 12/28/07

 

 

 

The Leader in futures trading: www.E-Futures.com

 

9301 Wilshire Blvd. Suite No. 515, Beverly Hills, CA 90210  Tel : 800-454-9572 jonathan@cannontrading.com

 

 

 

Good Morning-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

March 08

Mini-Nasdaq 100 Futures

March 08

Mini-Dow Futures

March 08

Mini Russell 2000 Futures

March 08

30-year US Bond Futures

March 08

10-Year US Note

Futures

March 08

Support 3

1485.00

2099.00

13417

771.80

11403

11129

Support 2

1492.00

2114.00

14472

776.60

11417

11205

Support 1

1496.25

2125.00

13502

781.40

11425

11211

Résistance 1

1503.00

2149.00

13566

750.40

11507

11221

Résistance 2

1511.00

2165.00

13654

793.80

11521

11230

Résistance 3

1517.50

2187.00

13773

804.70

11606

11312

 

Updated: 28-Dec-07 08:22 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 28

09:45

Chicago PMI

Dec

 

52.5

52.0

52.9

 

Dec 28

10:00

New Home Sales

Nov

 

700K

715K

728K

 

 

Week of December 31 - January 04


Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 31

10:00

Existing Home Sales

Nov

 

5.00M

5.00M

4.97M

 

Jan 02

10:00

Construction Spending

Nov

 

-0.3%

-0.4%

-0.8%

 

Jan 02

10:00

ISM Index

Dec

 

NA

50.5

50.8

 

Jan 02

14:00

FOMC Minutes

Dec 11

 

 

 

 

 

Jan 03

00:00

Auto Sales

Dec

 

5.4M

5.5M

5.6M

 

Jan 03

00:00

Truck Sales

Dec

 

7.0M

6.8M

6.8M

 

Jan 03

08:15

ADP Employment

Dec

 

 

 

 

 

Jan 03

08:30

Initial Claims

12/29

 

340K

 

349K

 

Jan 03

10:00

Factory Orders

Nov

 

1.0%

1.0%

0.5%

 

Jan 04

08:30

Nonfarm Payrolls

Dec

 

75K

70K

94K

 

Jan 04

08:30

Unemployment Rate

Dec

 

4.8%

4.8%

4.7%

 

Jan 04

08:30

Hourly Earnings

Dec

 

0.3%

0.3%

0.5%

 

Jan 04

08:30

Average Workweek

Dec

 

33.8

33.8

33.8

 

Jan 04

10:00

ISM Services

Dec

 

53.0

53.5

54.1

 

 

 


Important Please Note: Trading commodity futures and options involves substantial risk of loss.  The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

 

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.     

 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

 

Disclaimer:

 

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

 

2. Final calculations do not include slippage. 

 

3. The NFA requires us to state and I fully agree that "HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN."

4.. These are NOT trading recommendations unless we discuss it together.  They are intended only as potential trade ideas based on the market's own performance in the past, but past performance is not necessarily indicative of future results.  Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannontrading.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

* Important Please Note: The material contained in this letter is of
opinion only and does not guarantee any profits. These are risky markets
and only risk capital should be used. Past performances are not
necessarily indicative of future results. 

 

 

 

 

     
 

 

Thursday, December 27, 2007

daily support & resistance and economic data to be released 12/24/07

 

 

The Leader in futures trading: www.E-Futures.com

 

9301 Wilshire Blvd. Suite No. 515, Beverly Hills, CA 90210  Tel : 800-454-9572 jonathan@cannontrading.com

 

 

 

Good Morning-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

March 08

Mini-Nasdaq 100 Futures

March 08

Mini-Dow Futures

March 08

Mini Russell 2000 Futures

March 08

30-year US Bond Futures

March 08

10-Year US Note

Futures

March 08

Support 3

1486.25

2124.00

13417

783.50

11313

11116

Support 2

1495.50

2139.00

13473

789.40

11329

11126.5

Support 1

1500.50

2148.50

13534

792.70

11406

11201

Résistance 1

1511.00

2165.00

13657

804.50

11423

11212

Résistance 2

1517.50

2175.00

13690

809.00

11507

11221

Résistance 3

1523.00

2187.00

13773

814.20

11520

11230

 

Updated: 27-Dec-07 08:32 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 27

08:30

Durable Orders

Nov

0.1%

4.0%

2.2%

-0.4%

-0.2%

Dec 27

08:30

Initial Claims

12/22

349K

345K

340K

348K

346K

Dec 27

10:00

Consumer Confidence

Dec

 

87.5

87.0

87.3

 

Dec 27

10:30

Crude Inventories

12/21

 

NA

NA

-7586K

 

Dec 28

09:45

Chicago PMI

Dec

 

52.5

52.0

52.9

 

Dec 28

10:00

New Home Sales

Nov

 

700K

715K

728K

 

 

 


Important Please Note: Trading commodity futures and options involves substantial risk of loss.  The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

 

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.     

 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

 

Disclaimer:

 

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

 

2. Final calculations do not include slippage. 

 

3. The NFA requires us to state and I fully agree that "HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN."

4.. These are NOT trading recommendations unless we discuss it together.  They are intended only as potential trade ideas based on the market's own performance in the past, but past performance is not necessarily indicative of future results.  Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannontrading.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

* Important Please Note: The material contained in this letter is of
opinion only and does not guarantee any profits. These are risky markets
and only risk capital should be used. Past performances are not
necessarily indicative of future results. 

 

 

 

 

     
 

 

Wednesday, December 26, 2007

daily support & resistance and economic data to be released 12/24/07

 

 

The Leader in futures trading: www.E-Futures.com

 

9301 Wilshire Blvd. Suite No. 515, Beverly Hills, CA 90210  Tel : 800-454-9572 jonathan@cannontrading.com

 

 

 

Good Morning-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

March 08

Mini-Nasdaq 100 Futures

March 08

Mini-Dow Futures

March 08

Mini Russell 2000 Futures

March 08

30-year US Bond Futures

March 08

10-Year US Note

Futures

March 08

Support 3

1477.75

2110.00

13417

783.50

11219

11102

Support 2

1485.25

2120.00

13473

789.40

11317

11114

Support 1

1494.00

2130.00

13535

792.70

11331

11127

Résistance 1

1509.00

2153.00

13654

799.10

11424

11211

Résistance 2

1516.00

2172.00

13690

803.40

11504

11219

Résistance 3

1521.00

2187.00

13773

814.00

11516

11227

 

Updated: 26-Dec-07 08:51 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 27

08:30

Durable Orders

Nov

 

4.0%

2.2%

-0.2%

 

Dec 27

08:30

Initial Claims

12/22

 

345K

340K

346K

 

Dec 27

10:00

Consumer Confidence

Dec

 

87.5

87.0

87.3

 

Dec 27

10:30

Crude Inventories

12/21

 

NA

NA

-7586K

 

Dec 28

09:45

Chicago PMI

Dec

 

52.5

52.0

52.9

 

Dec 28

10:00

New Home Sales

Nov

 

700K

715K

728K

 

 

 


Important Please Note: Trading commodity futures and options involves substantial risk of loss.  The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

 

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.     

 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

 

Disclaimer:

 

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

 

2. Final calculations do not include slippage. 

 

3. The NFA requires us to state and I fully agree that "HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN."

4.. These are NOT trading recommendations unless we discuss it together.  They are intended only as potential trade ideas based on the market's own performance in the past, but past performance is not necessarily indicative of future results.  Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannontrading.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

* Important Please Note: The material contained in this letter is of
opinion only and does not guarantee any profits. These are risky markets
and only risk capital should be used. Past performances are not
necessarily indicative of future results. 

 

 

 

 

     
 

 

Monday, December 24, 2007

daily support & resistance and economic data to be released 12/24/07

 

 

The Leader in futures trading: www.E-Futures.com

 

9301 Wilshire Blvd. Suite No. 515, Beverly Hills, CA 90210  Tel : 800-454-9572 jonathan@cannontrading.com

 

 

 

Good Morning and Merry Christmas to all-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

March 08

Mini-Nasdaq 100 Futures

March 08

Mini-Dow Futures

March 08

Mini Russell 2000 Futures

March 08

30-year US Bond Futures

March 08

10-Year US Note

Futures

March 08

Support 3

1486.50

2110.00

13335

781.00

11219

11102

Support 2

1490.00

2120.00

13431

783.90

11317

11114

Support 1

1494.00

2130.00

13484

789.00

11402

11127

Résistance 1

1502.75

2141.00

13613

799.40

11426

11214

Résistance 2

1507.25

2156.00

13690

803.40

11510

11222

Résistance 3

1511.00

2172.00

13773

814.00

11522

11304

 

Updated: 24-Dec-07 07:34 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 27

08:30

Durable Orders

Nov

 

4.0%

2.5%

-0.2%

 

Dec 27

08:30

Initial Claims

12/22

 

345K

340K

346K

 

Dec 27

10:00

Consumer Confidence

Dec

 

87.5

87.0

87.3

 

Dec 27

10:30

Crude Inventories

12/21

 

NA

NA

-7586K

 

Dec 28

09:45

Chicago PMI

Dec

 

52.5

52.0

52.9

 

Dec 28

10:00

New Home Sales

Nov

 

700K

720K

728K

 

 

 


Important Please Note: Trading commodity futures and options involves substantial risk of loss.  The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

 

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.     

 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

 

Disclaimer:

 

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

 

2. Final calculations do not include slippage. 

 

3. The NFA requires us to state and I fully agree that "HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN."

4.. These are NOT trading recommendations unless we discuss it together.  They are intended only as potential trade ideas based on the market's own performance in the past, but past performance is not necessarily indicative of future results.  Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannontrading.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

* Important Please Note: The material contained in this letter is of
opinion only and does not guarantee any profits. These are risky markets
and only risk capital should be used. Past performances are not
necessarily indicative of future results. 

 

 

 

 

     
 

 

Friday, December 21, 2007

Futures Trading Levels and Economic Reports for 12/21/07

 

 

The Leader in futures trading: www.E-Futures.com

 

9301 Wilshire Blvd. Suite No. 515, Beverly Hills, CA 90210  Tel : 800-454-9572 jonathan@cannontrading.com

 

 

 

Good Morning-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

March 08

Mini-Nasdaq 100 Futures

March 08

Mini-Dow Futures

March 08

Mini Russell 2000 Futures

March 08

30-year US Bond Futures

March 08

10-Year US Note

Futures

March 08

Support 3

1467.00

2074.00

13285

761.00

11428

11217

Support 2

1472.00

2085.00

13349

766.00

11510

11225

Support 1

1477.75

2098.00

13385

771.90

11523

11301

Résistance 1

1492.00

2130.00

13449

807.00

11605

11311

Résistance 2

1502.50

2142.00

13529

814.50

11614

11317

Résistance 3

1509.00

2156.00

13611

820.30

11701

11326

 

Updated: 21-Dec-07 09:03 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 21

08:30

Personal Income

Nov

0.4%

0.5%

0.5%

0.2%

 

Dec 21

08:30

Personal Spending

Nov

1.1%

0.6%

0.7%

0.2%

 

Dec 21

08:30

Core PCE Inflation

Nov

0.2%

0.2%

0.2%

0.2%

 

Dec 21

10:00

Mich Sentiment-Rev.

Dec

 

74.5

74.5

74.5

 

 

 


Important Please Note: Trading commodity futures and options involves substantial risk of loss.  The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

 

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.     

 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

 

Disclaimer:

 

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

 

2. Final calculations do not include slippage. 

 

3. The NFA requires us to state and I fully agree that "HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN."

4.. These are NOT trading recommendations unless we discuss it together.  They are intended only as potential trade ideas based on the market's own performance in the past, but past performance is not necessarily indicative of future results.  Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannontrading.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

* Important Please Note: The material contained in this letter is of
opinion only and does not guarantee any profits. These are risky markets
and only risk capital should be used. Past performances are not
necessarily indicative of future results. 

 

 

 

 

     
 

 

Wednesday, December 19, 2007

Futures Trading levels and Economic reports for Dec. 20th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Roller coaster ride in the market today in pre holiday trading.
 
On a different note, I will be out of the office starting Friday Dec. 21st returning Wednesday Jan 2nd 2008, next year (-: 
 
Happy holidays to everyone and if you need anything please call the office at 800-454-9572 or 310-859-9572
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1493.83 2091.33 13533 775.50
Resistance 2 1484.57 2076.67 13459 769.25
Resistance 1 1474.53 2067.33 13379 766.00
Pivot 1465.27 2052.67 13305 759.75
Support 1 1455.23 2043.33 13225 756.50
Support 2 1445.97 2028.67 13151 750.25
Support 3 1435.93 2019.33 13071 747.00
         
Contract  Feb. Gold March Euro Jan. Crude Oil March Bonds 
Resistance 3 815.03 1.4539 95.18 118  7/32
Resistance 2 812.07 1.4488 93.76 117 14/32
Resistance 1 808.73 1.4440 92.54 116 22/32
Pivot 805.77 1.4389 91.12 115 29/32
Support 1 802.43 1.4341 89.90 115  5/32
Support 2 799.47 1.4290 88.48 114 12/32
Support 3 796.13 1.4242 87.26 113 20/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, December 20, 2007


Economic
08:30 Initial Jobless Claims (last 333K), Final Q3 GDP (last 4.9%), Personal Consumption (last 2.7%), GDP Price Index (last 0.9%), Core PCE (last 1.8%),
10:00 Nov Leading Indicators (last -0.5%)
10:30 Natural Gas Inventories
12:00 Dec Philadelphia Fed (last 8.2)
Events
Trades Ex-dividend: FTD $0.163, GE $0.31, IPSU $2.50, CTR $0.165. Nomura Securities Asset Management Fair. FRT added to S&P Midcap 400 after the close.
Earnings
Before the Open: AM BSC BRLI CCL CTAS CAG DFS FDX HSOA MCS PKE PIR PRGS RAD SCHL STEI WGO WOR. During Trading Hours: ASFI PNY. After the Close: COMS APOL COGN CAO EGLS JBL MU RHT RIMM RECN SHFL TEK TIBX UNCA PAY.
 
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 #515
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.
 

Daily support and resistance and economic data for Dow, Naz, Russ, S&P, and Bonds

 

 

The Leader in futures trading: www.E-Futures.com

 

9301 Wilshire Blvd. Suite No. 515, Beverly Hills, CA 90210  Tel : 800-454-9572 jonathan@cannontrading.com

 

 

 

Good Morning-

 

 

Daily Support & Résistance Levels

 

Mini-S&P 500 Futures

March 08

Mini-Nasdaq 100 Futures

March 08

Mini-Dow Futures

March 08

Mini Russell 2000 Futures

March 08

30-year US Bond Futures

March 08

10-Year US Note

Futures

March 08

Support 3

1449.00

2021.00

13118

738.70

11425

11123.5

Support 2

1455.50

2031.00

13248

746.90

11502

11210

Support 1

1464.50

2040.00

13290

752.00

11513

11221.5

Résistance 1

1469.00

2060.00

13357

763.50

11600

11301

Résistance 2

1481.00

2080.00

13448

771.10

11612

11311

Résistance 3

1492.00

2098.00

13531

778.70

11623

11324

 

Updated: 18-Dec-07 08:36 ET

This Week's Calendar

Click on a "Release" for Insight

Date

ET

Release

For

Actual

Briefing.com

Consensus

Prior

Revised From

Dec 18

08:30

Housing Starts

Nov

1187K

1170K

1175K

1232K

1229K

Dec 18

08:30

Building Permits

Nov

1152K

1180K

1150K

1170K

 

Dec 19

10:30

Crude Inventories

12/14

 

NA

NA

-722K

 

Dec 20

08:30

GDP-Final

Q3

 

4.9%

4.9%

4.9%

 

Dec 20

08:30

Chain Deflator-Final

Q3

 

0.9%

0.9%

0.9%

 

Dec 20

08:30

Initial Claims

12/15

 

335K

335K

333K

 

Dec 20

10:00

Leading Indicators

Nov

 

-0.4%

-0.3%

-0.5%

 

Dec 20

12:00

Philadelphia Fed

Dec

 

7.0

6.0

8.2

 

Dec 21

08:30

Personal Income

Nov

 

0.5%

0.5%

0.2%

 

Dec 21

08:30

Personal Spending

Nov

 

0.6%

0.7%

0.2%

 

Dec 21

08:30

Core PCE Inflation

Nov

 

0.2%

0.2%

0.2%

 

Dec 21

10:00

Mich Sentiment-Rev.

Dec

 

74.5

74.5

74.5

 

 

 


Important Please Note: Trading commodity futures and options involves substantial risk of loss.  The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

 

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.     

 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

 

Disclaimer:

 

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

 

2. Final calculations do not include slippage. 

 

3. The NFA requires us to state and I fully agree that "HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN."

4.. These are NOT trading recommendations unless we discuss it together.  They are intended only as potential trade ideas based on the market's own performance in the past, but past performance is not necessarily indicative of future results.  Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

 

Sincerely,

Jonathan B. Day

Senior Commodity Broker
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
jonathan@cannontrading.com
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

* Important Please Note: The material contained in this letter is of
opinion only and does not guarantee any profits. These are risky markets
and only risk capital should be used. Past performances are not
necessarily indicative of future results. 

 

 

 

 

     
 

 

Monday, December 17, 2007

Futures Trading levels and Economic reports for Dec. 18th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Market dropped more than 20 handles on decent volume but not sure why, todays session felt like holiday trading.
Next support levels for the March SP500 based on the daily charts are: 1451 and 1442. Below that we may open the door for a retest of  November 26th lows around 1415-1420 (which matches 1406-1410 basis the Decemebr contract).
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1488.33 2126.67 13498 764.67
Resistance 2 1481.77 2109.83 13448 760.33
Resistance 1 1468.63 2076.67 13350 751.67
Pivot 1462.07 2059.83 13300 747.33
Support 1 1448.93 2026.67 13202 738.67
Support 2 1442.37 2009.83 13152 734.33
Support 3 1429.23 1976.67 13054 725.67
         
Contract  Feb. Gold March Euro Jan. Crude Oil March Bonds 
Resistance 3 810.37 1.4590 94.39 115  1/32
Resistance 2 805.43 1.4528 93.17 114 24/32
Resistance 1 802.37 1.4467 91.93 114 17/32
Pivot 797.43 1.4405 90.71 114  8/32
Support 1 794.37 1.4344 89.47 114  1/32
Support 2 789.43 1.4282 88.25 113 24/32
Support 3 786.37 1.4221 87.01 113 17/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, December 18, 2007


Economic
8:30 Nov Housing Starts (last 1.23B), Building Permits (last 1.17M)
2:00 ABC Consumer Confidence (last -23)
Events
ICSC/UBSW Chain Store Sales (7:45, last +0.2%). Redbook Retail Sales (8:55, last +1.6%). Fed Governors to hold open meeting on mortgage rules 10AM. ABC Consumer Confidence (last -23). FCC vote expected on media ownership rules. CHH analyst meeting. ALO analyst meeting. Trades Ex-split: BWA 2:1. Trades Ex-dividend: AGL $0.11, GVA $0.13, MYE $0.34, NTLS $0.21, PACR $0.15, SRE $0.31, TIF $0.15.
Earnings
Before the Open: BKRS BBY FDS GS. After the Close: AIR APSG DRI FSII HOV NDSN PALM TTWO.
 
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 #515
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.
 

Friday, December 14, 2007

Futures Trading levels and Economic reports for Dec. 17th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Another day where the market tried to rally but it seems the pressure has shifted to the down side.
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1511.93 2142.83 13708 784.63
Resistance 2 1505.07 2132.42 13650 779.07
Resistance 1 1492.03 2112.83 13542 767.93
Pivot 1485.17 2102.42 13484 762.37
Support 1 1472.13 2082.83 13376 751.23
Support 2 1465.27 2072.42 13318 745.67
Support 3 1452.23 2052.83 13210 734.53
         
Contract  Feb. Gold March Euro Jan. Crude Oil March Bonds 
Resistance 3 809.93 1.4837 95.71 114 25/32
Resistance 2 805.47 1.4752 94.54 114 16/32
Resistance 1 801.73 1.4593 92.93 114  5/32
Pivot 797.27 1.4508 91.76 113 28/32
Support 1 793.53 1.4349 90.15 113 17/32
Support 2 789.07 1.4264 88.98 113  8/32
Support 3 785.33 1.4105 87.37 112 29/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, December 17, 2007


Economic
8:30 Q3 Current Account Balance (last-$190.8B), Dec Empire Manufacturing (last 27.4)
9:00 Oct Net Long-Term TIC flows (last $26.4B), Total Net TIC Flows (last -$14.7B)
1:00 NAHB Housing Market Index (last 19)
Events
Trades Ex-split: DNR 2:1. Trades Ex-dividend: AINV $0.52, PRK $0.94. SPAR analyst meeting. CA analyst meeting.
Earnings
Before the Open: None. After the Close: ADBE.
 
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 #515
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.
 

Thursday, December 13, 2007

Futures Trading levels and Economic reports for Dec. 14th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Another crazy roll over day.....Volatile action on both sides of the market.
 
keep in mind we are trading the March contract, which is ESH8 on most trading softwares.
 
Have a good trading day Friday!
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1527.67 2152.33 13832 787.50
Resistance 2 1514.43 2136.67 13723 781.00
Resistance 1 1506.47 2126.33 13662 776.50
Pivot 1493.23 2110.67 13553 770.00
Support 1 1485.27 2100.33 13492 765.50
Support 2 1472.03 2084.67 13383 759.00