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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Friday, November 07, 2008

Futures Trading levels and Economic reports for Nov. 10th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Have an enjoyable weekend and great trading week to come.
 
LEVELS:
 
Contract (Dec. 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 963.90 1329.17 9232 531.60
Resistance 2 947.20 1304.58 9083 520.30
Resistance 1 938.60 1290.42 9007 514.10
Pivot 921.90 1265.83 8858 502.80
Support 1 913.30 1251.67 8782 496.60
Support 2 896.60 1227.08 8633 485.30
Support 3 888.00 1212.92 8557 479.10
         
Contract  Dec Gold Dec. Euro Dec. Crude Oil Dec. Bonds 
Resistance 3 765.17            1.3035 65.43 119 24/32
Resistance 2 755.03            1.2934 64.13 118 26/32
Resistance 1 745.77            1.2837 62.58 117 18/32
Pivot 735.63            1.2736 61.28 116 20/32
Support 1 726.37            1.2639 59.73 115 12/32
Support 2 716.23            1.2538 58.43 114 14/32
Support 3 706.97            1.2441 56.88 113  6/32
 
REPORTS (CST): Provided by MF Global Research
 

DATE

CST

PERIOD

RELEASE

MFGR

MED

RANGE

PREV

 
 
NO MAJOR REPORTS MONDAY
 
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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