Cannon Trading Futures Blog: Daily Support and Resistance Levels

Thursday, March 27, 2008

Futures Trading levels and Economic reports for March 29th

 

*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	1362.97	1843.33	12607	714.83
Resistance 2	1355.23	1830.17	12538	708.67
Resistance 1	1342.47	1809.33	12427	705.33
Pivot	1334.73	1796.17	12358	699.17
Support 1	1321.97	1775.33	12247	695.83
Support 2	1314.23	1762.17	12178	689.67
Support 3	1301.47	1741.33	12067	686.33
Contract	April Gold	March Euro	May Crude Oil	June Bonds
Resistance 3	962.53	1.5897	111.79	119 26/32
Resistance 2	956.27	1.5842	110.00	119 11/32
Resistance 1	952.53	1.5776	108.60	118 24/32
Pivot	946.27	1.5721	106.81	118  9/32
Support 1	942.53	1.5655	105.41	117 22/32
Support 2	936.27	1.5600	103.62	117  7/32
Support 3	932.53	1.5534	102.22	116 20/32

 

REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits

 

Friday, March 28, 2008

Economic

8:30am Feb Personal Income (last 0.3%), Feb Personal Spending (last 0.4%), Feb PCE Deflator y/y (last 3.7%), Feb PCE Core (last m/m 0.3%, y/y 2.2%)

10:00am Mar Final U of Michigan Confidence (last 70.5)

Events

Credit Suisse Hong Kong Sevens Conference. Trades Ex-dividend: TYC $0.15, CAH $0.12, CHK $0.068.

Earnings

Before the Open: CYCL, EGO, IAG. After the Close: CKR.

 

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 1:37 PM

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