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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, April 11, 2008

Futures Trading levels and Economic reports for April 14th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Have a great weekend! (or if you reading this on Monday, hope you had a great weekend and enjoy a successful trading week!)
 
LEVELS:
 
Contract (June 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1367.40 1872.67 12605 710.50
Resistance 2 1359.60 1856.33 12535 705.00
Resistance 1 1347.40 1831.67 12435 696.50
Pivot 1339.60 1815.33 12365 691.00
Support 1 1327.40 1790.67 12265 682.50
Support 2 1319.60 1774.33 12195 677.00
Support 3 1307.40 1749.67 12095 668.50
         
Contract  June Gold June Euro May Crude Oil June Bonds 
Resistance 3 949.00 1.5947 113.03 120 21/32
Resistance 2 942.00 1.5878 111.92 120 10/32
Resistance 1 934.50 1.5828 111.13 120     
Pivot 927.50 1.5759 110.02 119 21/32
Support 1 920.00 1.5709 109.23 119 10/32
Support 2 913.00 1.5640 108.12 118 31/32
Support 3 905.50 1.5590 107.33 118 21/32
 
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, April 14, 2008


Economic
8:30am March Advance Retail Sales (last –0.6%, ex autos –0.2%)
10:00am Feb Business Inventories (last 0.8%)
Events
3:15pm Fed's Warsh speaks about financial markets in New York. Trades Ex-dividend: EOG $0.12, GGP $0.50, MGRC $0.20, KWR $0.23, TOC $0.318.
Earnings
Before the Open: ETN, WERN, GWW. After the Close: AMLN, ELS, INFY, JBHT, STLY.
 
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 1:15 PM

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