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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, December 24, 2008

Futures Trading levels and Economic reports for Dec. 26th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Happy Holidays!
 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 876.00 1198.00 8528 484.33
Resistance 2 871.10 1194.00 8493 477.87
Resistance 1 867.80 1188.00 8456 474.33
Pivot 862.90 1184.00 8421 467.87
Support 1 859.60 1178.00 8384 464.33
Support 2 854.70 1174.00 8349 457.87
Support 3 851.40 1168.00 8312 454.33
         
Contract  Feb. Gold March Euro Feb. Crude Oil March Bonds 
Resistance 3 868.27            1.4109 42.02 142  6/32
Resistance 2 858.93            1.4052 40.85 141 25/32
Resistance 1 854.07            1.4008 38.96 141  2/32
Pivot 844.73            1.3951 37.79 140 21/32
Support 1 839.87            1.3907 35.90 139 31/32
Support 2 830.53            1.3850 34.73 139 18/32
Support 3 825.67            1.3806 32.84 138 27/32
 
REPORTS (EST): Provided by www.TradeTheNews.com
 

Friday, December 26, 2008


Economic
None Seen
Events
Trades Ex-dividend: BT $0.776, CBL $0.37.
Earnings
None Seen
 
 
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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