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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, March 31, 2008

Futures Trading levels and Economic reports for April 1st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Make it a great April!!
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1348.07 1821.67 12475 708.50
Resistance 2 1339.13 1808.83 12398 701.00
Resistance 1 1331.57 1799.67 12328 695.50
Pivot 1322.63 1786.83 12251 688.00
Support 1 1315.07 1777.67 12181 682.50
Support 2 1306.13 1764.83 12104 675.00
Support 3 1298.57 1755.67 12034 669.50
         
Contract  April Gold March Euro May Crude Oil June Bonds 
Resistance 3 961.33 1.5956 112.10 119 29/32
Resistance 2 953.17 1.5899 109.44 119 22/32
Resistance 1 937.33 1.5818 105.57 119  8/32
Pivot 929.17 1.5761 102.91 119     
Support 1 913.33 1.5680 99.04 118 18/32
Support 2 905.17 1.5623 96.38 118 11/32
Support 3 889.33 1.5542 92.51 117 29/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, April 01, 2008


Economic
10:00am March ISM Manufacturing (last 48.3), March ISM Prices Paid (last 75.5), Feb Construction Spending m/m (last –1.7%)
Events
8:00am FDA Anti-Ineffective Drugs Advisory Committee. ICSC/UBSW Chain Store Sales (7:45am, last –0.4%). Redbook Retail Sales (8:55am, last 1.4%). ABC Consumer Confidence (last -31). March Vehicle Sales (last total 15.3M, domestic 11.7M). B. Riley & Co. Annual Investor Conference, Credit Suisse CTIA Wireless Forum. Trades Ex-split: GFIG 4-1. Trades Ex-dividend: DFS $0.06, MAR $0.075, CPO $0.12, FRP $0.398.
Earnings
Before the Open: GTOP, MNTG, QXM. After the Close: EXFO.
 
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.
 

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