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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, February 12, 2008

Futures Trading levels and Economic reports for Feb. 13th

 
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Dear Trader,
 
 
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1385.63 1859.00 12650 723.33
Resistance 2 1374.47 1838.00 12560 718.17
Resistance 1 1362.33 1814.00 12470 711.33
Pivot 1351.17 1793.00 12380 706.17
Support 1 1339.03 1769.00 12290 699.33
Support 2 1327.87 1748.00 12200 694.17
Support 3 1315.73 1724.00 12110 687.33
         
Contract  April Gold March Euro March Crude Oil March Bonds 
Resistance 3 937.57 1.4742 95.88 119 13/32
Resistance 2 931.03 1.4673 95.01 119  1/32
Resistance 1 921.07 1.4622 93.79 118 24/32
Pivot 914.53 1.4553 92.92 118 12/32
Support 1 904.57 1.4502 91.70 118  3/32
Support 2 898.03 1.4433 90.83 117 23/32
Support 3 888.07 1.4382 89.61 117 14/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, February 13, 2008


Economic
8:30am Jan Advanced Retail Sales (last –0.4%, ex autos –0.4%)
10:00am Dec Business Inventories (last 0.4%)
10:30am Crude Oil/Gasoline/Distillate Inventories
Events
AFP Corporate Risk Forum, Credit Suisse Software Conference, Deutsche Bank Small & Mid Cap Growth Conference, Standard & Poors Housing Conference. MBA Mortgage Applications (7:00, last 3.0%). Trades Ex-dividend: IP $0.25, DUK $0.22, CVX $0.58, CIT $0.25, TE $0.195.
Earnings
Before the Open: SMLC, ACGY, AGU, BLC, BCRX, BWY, CBR, KO, DAKT, DF, DE, DTV, ELN, EAC, FSLR, GWR, GENZ, GNA, HPT, HBC, JNY, JRN, ID, MTG, MICC, NICE, NOVA, PTR, PFCB, PLA, PKX, RTP, TOT, TRX, VG, WMI. During trading hours: DIOD. After the Close: AEA, AAP, A, MDRX, AGP, AMKR, AGII, BIDU, COG, CCRT, CPSS, CLB, OFC, DVW, DVA, DENN, EGP, EQIX, GNK, GPRO, GSIC, HS, HPY, HIMX, IM, IPAS, LPSN, MSSR, MOBE, MHK, MOH, NTGR, NTAP, NVDA, PVA, PVR, PLAB, PAA, RMKR, SKX, STMP, SMMX, TTGT, KNOT, MDCO, TWPG, VCLK, VTR, VMC, XFML, ZGEN.
 
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 1:17 PM

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