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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, July 18, 2008

Futures Trading levels and Economic reports for July 21st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Have a great weekend and a successful trading week!
 
LEVELS:
 
Contract (Sept. 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1276.20 1862.83 11775 710.40
Resistance 2 1269.50 1852.67 11642 704.50
Resistance 1 1265.00 1841.33 11569 697.40
Pivot 1258.30 1831.17 11436 691.50
Support 1 1253.80 1819.83 11363 684.40
Support 2 1247.10 1809.67 11230 678.50
Support 3 1242.60 1798.33 11157 671.40
         
Contract  August Gold Sept. Euro August Crude Oil Sept. Bonds 
Resistance 3 978.40 1.5044 134.91 116  6/32
Resistance 2 971.70 1.5600 133.47 115 25/32
Resistance 1 963.60 1.5480 131.10 115  1/32
Pivot 956.90 1.5380 129.66 114 19/32
Support 1 948.80 1.5305 127.29 113 27/32
Support 2 942.10 1.5209 125.85 113 14/32
Support 3 934.00 1.4867 123.48 112 22/32
 
REPORTS (CST): Provided by MF Global Research
 

DATE

CST

PERIOD

RELEASE

MFGR

MED

RANGE

PREV

7/21

9:00

JUN

Leading Indicators

- -

- -

- -

0.10%

MON

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Note all time are CST. 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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