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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, March 28, 2008

Futures Trading levels and Economic reports for March 31st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Have a great weekend and a good trading week!
 
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1354.97 1844.67 12522 705.33
Resistance 2 1345.83 1827.33 12448 700.17
Resistance 1 1332.27 1803.67 12342 692.33
Pivot 1323.13 1786.33 12268 687.17
Support 1 1309.57 1762.67 12162 679.33
Support 2 1300.43 1745.33 12088 674.17
Support 3 1286.87 1721.67 11982 666.33
         
Contract  April Gold March Euro May Crude Oil June Bonds 
Resistance 3 959.70 1.5890 109.84 119 18/32
Resistance 2 951.60 1.5837 108.74 119  3/32
Resistance 1 941.10 1.5792 106.92 118 26/32
Pivot 933.00 1.5739 105.82 118 11/32
Support 1 922.50 1.5694 104.00 118  2/32
Support 2 914.40 1.5641 102.90 117 19/32
Support 3 903.90 1.5596 101.08 117 10/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, March 31, 2008


Economic
9:45am March Chicago Purchasing Manager Index (last 44.5)
10:00am March NAPM-Milwaukee (last 53)
Events
12:00pm Fed's Yellen speaks in San Francisco on foreclosures. Credit Suisse Asian Investment Conference, CTIA Wireless Conference, Terrapinn Asia Power & Energy Congress. Trades Ex-dividend: CMCSA $0.063, UNH $0.03, GES $0.08, VICR $0.15, ALDA $0.15.
Earnings
Before the Open: RDNT, SGK. After the Close: GIII, FUL, JRT, RMG, UBET. After the close HRC will be added to the S&P400 and HI will be added to the S&P600.
 

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 1:19 PM

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