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

Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, February 04, 2008

Futures Trading levels and Economic reports for Feb. 5th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1406.03 1885.83 12813 737.07
Resistance 2 1400.27 1872.92 12770 733.53
Resistance 1 1389.53 1849.83 12691 727.57
Pivot 1383.77 1836.92 12648 724.03
Support 1 1373.03 1813.83 12569 718.07
Support 2 1367.27 1800.92 12526 714.53
Support 3 1356.53 1777.83 12447 708.57
         
Contract  April Gold March Euro March Crude Oil March Bonds 
Resistance 3 928.27 1.4898 93.99 119 31/32
Resistance 2 919.13 1.4865 92.41 119 23/32
Resistance 1 914.27 1.4842 91.23 119 15/32
Pivot 905.13 1.4809 89.65 119  7/32
Support 1 900.27 1.4786 88.47 118 31/32
Support 2 891.13 1.4753 86.89 118 23/32
Support 3 886.27 1.4730 85.71 118 15/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, February 05, 2008


Economic
10:00am Jan ISM Business Non Manufacturing (last 54.4)
Events
10:00am Treasury Secretary Paulson testifies to Senate Finance Committee. 12:15pm Fed's Lacker speaks on US economy in West Virginia. 10:00am US Treasury's McCormick holds briefing on G-7 talks in Tokyo. 12:00pm US Treasury's Steel speaks in Las Vegas on housing, US economy. 12:00pm FDA Cellular, Tissue and Gene Therapies Advisory Committee Meeting. Redbook Retail Sales (8:55, last 0.4%). ABC Consumer Confidence (last -27). Gartner Business Intelligence Summit; Merrill Lynch Global Pharmaceutical, Biotech & Medical Device Conference; Credit Suisse Financial Services Forum. Trades Ex-split: PSEG 2-1. Trades Ex-dividend: INTC $0.128, TJX $0.09, MWV $0.23, MCHP $0.32, FE $0.55, KBH $0.25.
Earnings
Before the Open: ALEX, ARTG, AVP, BHE, BSX, CE, CNC, GIB, CHD, CME, CPO, COWN, DTPI, DUK, EMR, HNT, HEW, HEP, IEX, NRGY, KSU, KBW, KBALB, LIOX, LPX, MMP, MLM, MYGN, NSTC, NURO, NOOF, NYX, OSIS, PNR, PER, PRGO, SEPR, TE, THOR, TYC, VSH, WHR, WEC, WATG, WWY. During Trading Hours: VFC. After the Close: ACE, ADVS, ABCO, NLY, ATO, RATE, BBBB, BRE, BRS, CALL, CACS, CAKE, CNET, CVLT, XRAY, DBTK, EW, WIRE, EQR, FORM, GHDX, HAR, IIG, INSP, IVAC, IVGN, JDSU, KFRC, LNET, LOOP, MANH, MASI, MPWR, MFLX, NBR, NBIX, NUCO, OCNW, OTTR, PNSN, PEC, PLNR, QSFT, RSYS, RNR, RENT, RSG, RVBD, SGMO, SNCI, SRX, TMRK, THQI, TZOO, TMWD, USNA, VOCS, DIS, XL, ZL.
 
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.
 

posted by Cannon Trading at 1:35 PM

0 Comments:

Post a Comment

<< Home