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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, March 31, 2009

Futures Trading levels and Economic reports for April 1st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
I wish everyone a great trading month in April!
 
LEVELS:
 
Contract (June 2008)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 823.27 1278.67 7795 445.87
Resistance 2 815.13 1268.33 7733 438.83
Resistance 1 802.97 1249.67 7626 428.37
Pivot 794.83 1239.33 7564 421.33
Support 1 782.67 1220.67 7457 410.87
Support 2 774.53 1210.33 7395 403.83
Support 3 762.37 1191.67 7288 393.37
         
Contract  April Gold June Euro May Crude Oil June Bonds 
Resistance 3 937.37            1.3526 52.25 131 10/32
Resistance 2 930.93            1.3435 51.09 130 18/32
Resistance 1 924.47            1.3356 50.08 130  4/32
Pivot 918.03            1.3265 48.92 129 12/32
Support 1 911.57            1.3186 47.91 128 30/32
Support 2 905.13            1.3095 46.75 128  6/32
Support 3 898.67            1.3016 45.74 127 24/32
 
REPORTS (EST): Provided by www.TradeTheNews.com
 

Wednesday, April 01, 2009


Economic
7:30am March Challenger Job Cuts y/y (last 158.4%)
8:15am March ADP Employment Change (last -697K)
10:00am March ISM Manufacturing (last 35.8), March ISM Prices Paid (last 29), Feb Pending Home Sales m/m (last -7.7%), March Construction Spending m/m (last -3.3%)
10:30am DoE Crude Oil/Gasoline/Distillate Inventories
Events
1:00pm Fed's Pianalto speaks at banking event in Columbus, OH. BB&T Manufacturing & Materials Conference. CIBC Commodity Products Conference. RBC Capital Energy & Commodities Panel. WMT Superstore Update. MBA Mortgage Applications (7:00, last 32.2%). Total and domestic vehicle sales. Trades Ex-dividend: BMY $0.31, AXP $0.18, MDT $0.188, SYY $0.24, MON $0.265, TMK $0.14. After the close, DNR added to S&P500. OFC, CNL added to the S&P400. PNFP added to the S&P600.
Earnings
Before the Open: WOR. After the Close: TTGT, UNF.
 
 
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 1:06 PM

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