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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Wednesday, December 31, 2008

Futures Trading levels and Economic reports for Jan 2nd 2009

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

I would like to wish everyone a great 2009!

May you have a successful trading year.  More importantly, may you and your loved ones have a happy, healthy year in all aspects of life.

 
LEVELS:
 
Contract (March 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 931.67 1253.33 8965 528.53
Resistance 2 919.83 1239.67 8880 515.77
Resistance 1 910.17 1225.33 8805 506.53
Pivot 898.33 1211.67 8720 493.77
Support 1 888.67 1197.33 8645 484.53
Support 2 876.83 1183.67 8560 471.77
Support 3 867.17 1169.33 8485 462.53
         
Contract  Feb. Gold March Euro Feb. Crude Oil March Bonds 
Resistance 3 920.73            1.4395 55.26 144 26/32
Resistance 2 903.37            1.4256 50.40 143  9/32
Resistance 1 892.03            1.4096 46.66 141  1/32
Pivot 874.67            1.3957 41.80 139 16/32
Support 1 863.33            1.3797 38.06 137  9/32
Support 2 845.97            1.3658 33.20 135 24/32
Support 3 834.63            1.3498 29.46 133 16/32
 
REPORTS (EST): Provided by www.TradeTheNews.com
 

Friday, January 02, 2009


Economic
10:00am Dec ISM Manufacturing (last 36.2), Prices Paid (last 25.5)
Events
Trades Ex-dividend: BBY $0.14, JPM $0.38, BDN $0.30
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.
 

posted by Cannon Trading at 1:00 PM

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