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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, February 11, 2008

Futures Trading levels and Economic reports for Feb 12th

 
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Dear Trader,
 
 
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1369.97 1836.33 12487 720.50
Resistance 2 1356.23 1819.67 12371 712.75
Resistance 1 1347.97 1807.83 12307 706.00
Pivot 1334.23 1791.17 12191 698.25
Support 1 1325.97 1779.33 12127 691.50
Support 2 1312.23 1762.67 12011 683.75
Support 3 1303.97 1750.83 11947 677.00
         
Contract  April Gold March Euro March Crude Oil March Bonds 
Resistance 3 940.30 1.4658 99.06 120 29/32
Resistance 2 934.90 1.4610 96.89 120 10/32
Resistance 1 930.80 1.4561 95.26 119 26/32
Pivot 925.40 1.4513 93.09 119  7/32
Support 1 921.30 1.4464 91.46 118 23/32
Support 2 915.90 1.4416 89.29 118  4/32
Support 3 911.80 1.4367 87.66 117 20/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, February 12, 2008


Economic
10:00am Feb IBD/TIPP Economic Optimism Survey (last 43.2)
2:00pm Jan Monthly Budged Statement (last $38.2B)
Events
11:05am Fed's Yellen speaks on the economy in San Francisco. CIBC Human Capital Management Conference. ICSC/UBSW Chain Store Sales (7:45, last 1.7%). Redbook Retail Sales (8:55, last 0.2%). ABC Consumer Confidence (last -33). Trades Ex-dividend: AMAT $0.06, MER $0.35, WEN $0.125, RDC $0.10.
Earnings
Before the Open: ACM, ALLT, ANR, BXC, CBZ, CCE, COWN, CYNO, ECL, EMS, ENTG, ENZN, EXPD, GM, GILT, GBE, LIOX, MAC, MMC, MAS, TAP, NURO, NAT, OMC, ORCT, PMI, Q, SGP, SWSI, ELOS, TCO, TEVA, TRAD, WSO, WWE, WYN, XTO. After the Close: ACAS, ACLI, ARP, ANAD, AMAT, ARUN, CAR, NILE, BOBE, BWLD, CALL, CACS, CSCD, CEPH, COHR, DFG, DDR, EXEL, FRT, BGC, HIW, XPRT, MASI, MIG, MOSY, NHWK, OSUR, PNRA, PRAA, STR, RCRC, RUSHA, SIAL, SPSS, TIE, VOLC, WTS, WYNN.
 
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 1:11 PM

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