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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, September 30, 2008

Futures Trading levels and Economic reports for Oct. 1st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Wishing you a great trading month in October!
 
LEVELS:
 
Contract (Dec. 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1228.33 1700.33 11491 742.50
Resistance 2 1201.67 1653.67 11190 716.60
Resistance 1 1185.33 1623.33 11027 699.30
Pivot 1158.67 1576.67 10726 673.40
Support 1 1142.33 1546.33 10563 656.10
Support 2 1115.67 1499.67 10262 630.20
Support 3 1099.33 1469.33 10099 612.90
         
Contract  Dec Gold Dec. Euro Nov. Crude Oil Dec. Bonds 
Resistance 3 966.80            1.4781 112.86 122  7/32
Resistance 2 943.50            1.4624 107.30 121  4/32
Resistance 1 906.70            1.4375 104.48 119  2/32
Pivot 883.40            1.4218 98.92 117 31/32
Support 1 846.60            1.3969 96.10 115 29/32
Support 2 823.30            1.3812 90.54 114 26/32
Support 3 786.50            1.3563 87.72 112 24/32
 
REPORTS (CST): Provided by MF Global Research
 

DATE

CST

PERIOD

RELEASE

MFGR

MED

RANGE

PREV

10/1

 

SEP

Total Vehicle Sales

- -

- -

- -

13.7M

WED

6:00

26-Sep

MBA Mortgage Applications

- -

- -

- -

- -

 

6:30

SEP

Challenger Job Cuts YoY

- -

- -

- -

11.70%

 

7:15

SEP

ADP Employment Change

- -

- -

- -

-33K

 

9:00

SEP

ISM Manufacturing

- -

- -

- -

49.9

 

9:00

AUG

Construction Spending MoM

- -

- -

- -

-0.60%

 

9:00

SEP

ISM Prices Paid

- -

- -

- -

77

 
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.
 

posted by Cannon Trading at 1:02 PM

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