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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, April 04, 2008

Futures Trading levels and Economic reports for April 7th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 

Contract (June 2008)

SP500 (big & Mini)

Nasdaq100 (big & Mini)

Dow Jones (big & Mini)

Mini Russell

Resistance 3

1400.00

1933.00

12848

731.83

Resistance 2

1391.30

1913.00

12768

726.17

Resistance 1

1381.40

1892.00

12686

719.83

Pivot

1372.70

1872.00

12606

714.17

Support 1

1362.80

1851.00

12524

707.83

Support 2

1354.10

1831.00

12444

702.17

Support 3

1344.20

1810.00

12362

695.83

Contract

June Gold

June Euro

May Crude Oil

June Bonds

Resistance 3

927.47

1.5880

109.34

121 14/32

Resistance 2

920.73

1.5804

107.85

120 13/32

Resistance 1

916.97

1.5742

107.02

119 24/32

Pivot

910.23

1.5666

105.53

118 23/32

Support 1

906.47

1.5604

104.70

118 2/32

Support 2

899.73

1.5528

103.21

117 1/32

Support 3

895.97

1.5466

102.38

116 12/32

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

Monday, April 07, 2008


Economic
3:00pm Feb Consumer Credit (last $6.9B
Events
9:30am US Treasury's Paulson speaks at IADB meeting in Miami. 4:00pm US Treasury's Paulson holding news conference in Miami. 5:30pm Fed's Yellen speaks in Seattle. 5:30pm Fed's Kohn speaks in San Francisco. 8:00am FDA Meeting on QT & Arrhythmia. Bio Europe Spring Conference, Howard Weil Energy Conference, Independent Petroleum Assoc. of America OGIS New York Conference. Trades Ex-dividend: LNC $0.415, MA $0.15, PGC $0.16, RBN $0.38.
Earnings
Before the Open: None seen. After the Close: AA.
 
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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