Cannon Trading Futures Blog: Daily Support and Resistance Levels Blog

Futures Trading levels and Economic reports for Apr. 20th

noreply@blogger.com (Cannon Trading) — Sun, 19 Apr 2009 18:01:00 +0000

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Futures Trading levels and Economic reports for April 20th

Greetings!

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Market rallied on option expiration day, tested the much talked about 873 level (almost..) and backed up a bit. Whats next? We may see a pull back early next week but technicals are pointing a bit higher still on the daily chart.

To view the chart, please click:
http://www.cannontrading.com/daily/20090417.gif

REPORTS (EST): Provided by www.TradeTheNews.com

Monday, April 20, 2009

Economic

10:00am March Leading Indicators (last -0.4%)

11:00am Treasury's 5-year announcement

Events

9:00am Fed's Evans speaks in Chicago. 7:30pm Fed's Kohn speaks on economic outlook in Delaware. American Association for Cancer Research Annual Meeting. CIBC Energy Conference. Credit Suisse Private Equity Conference. Merrill Lynch/BoA European Oils Conference. RDEA Analyst meeting. Trades Ex-dividend: CVS $0.076, APA $0.15.

Earnings

Before the Open: BAC, BOH, ETN, LLY, HAL, HAS, MMR, SXT, TNB, WFT. After the Close: BMI, BXS, BSX, BRO, CNI, CR, ELS, FWRD, HWAY, IBM, IEX, JDAS, LNCR, MLNX, NARA, OMCL, OMI, PKG, PNFP, RLI, SGK, SYK, TXN, VLTR, ZION, ZRAN.

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.

Contact Information

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
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
The finest compliment I can receive is a referral from a trusted client.

* Important Please Note:
Trading commodity futures and options involves substantial risk of loss.
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results.

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Futures trading levels and reports for April 17th

noreply@blogger.com (Cannon Trading) — Fri, 17 Apr 2009 14:38:00 +0000

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Good Morning- Option expiration day is know for its high volatility and 2 sides trading action. Have a great trading day!

Daily Support & Résistance Levels	Mini-S&P 500 Futures June 09	Mini-Nasdaq 100 Futures June 09	Mini-Dow Futures June 09	Mini Russell 2000 Futures June 09	30-year US Bond Futures June 09	10-Year US Note Futures June 09
Support 3	831.50	1293.00	7814	447.50	12423	12126
Support 2	845.25	1318.00	7945	458.50	12518	12219
Support 1	853.75	1333.00	8007	465.30	12604.5	12222
Résistance 1	867.50	1358.00	8119	476.30	12621.5	12231.5
Résistance 2	871.00	1376.00	8234	484.50	12630.5	12304.5
Résistance 3	876.00	1394.00	8400	491.70	12714.5	12313.5

Friday, April 17, 2009

Economic

9:55am April prelim Univ of Michigan confidence (last 57.3)

Events

8:30am Fed's Hoenig speaks at Fed conference in Washington, DC. 12:00pm Fed Chairman Bernanke speaks at Fed conference in Washington, DC. Sony Ericsson JV earnings. Trades Ex-dividend: SHLM $0.15, MAIN $0.125.

Earnings

Before the Open: AOS, BBT, C, FHN, GE, IGTE, MAT, MEG, OSTK, PRSP.

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
E-mail: ilan@cannontrading.com

Yahoo IM: ilanlevy1970
Tel: 800-454-9572

Int'l: 310-859-9572
Fax 310-859-0547
Mailing Address: 9301 Wilshire Blvd. Suite #515
Beverly Hills, Ca 90210

"The finest compliment I can receive is a referral from a trusted client."

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.

Futures Trading levels and Economic reports for April 15th

noreply@blogger.com (Cannon Trading) — Tue, 14 Apr 2009 20:22:00 +0000

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Dear Trader,

Market gave up some gains and bounced slightly off the 50% retracement from the 810-861 move, right around 836.

LOTS of economic numbers tomorrow (in addition to the ongoing earnings reports) and that will determine if we will seee 830-820-810 levels or if the rally from last week will resume and 861 will be taken out .

My guess (and it is really a pure speculation on my part) is that selling pressure will prevail for the next couple of days, i.e. lower prices.

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	866.93	1362.50	8077	478.53
Resistance 2	860.07	1349.25	8023	472.57
Resistance 1	850.03	1336.50	7957	462.53
Pivot	843.17	1323.25	7903	456.57
Support 1	833.13	1310.50	7837	446.53
Support 2	826.27	1297.25	7783	440.57
Support 3	816.23	1284.50	7717	430.53

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	910.57	1.3509	53.05	129 29/32
Resistance 2	905.13	1.3443	52.09	128 30/32
Resistance 1	897.97	1.3353	50.78	128 11/32
Pivot	892.53	1.3287	49.82	127 12/32
Support 1	885.37	1.3197	48.51	126 25/32
Support 2	879.93	1.3131	47.55	125 26/32
Support 3	872.77	1.3041	46.24	125 7/32

REPORTS (EST): Provided by www.TradeTheNews.com

Wednesday, April 15, 2009

Economic

8:30am March CPI (last m/m 0.4%, y/y 0.2%; ex food & energy last m/m 0.2%, y/y 1.8%), March CPI Core Index SA (last 217.670), April Empire Manufacturing (last -38.23)

9:00am Feb Net Long-Term TIC Flows (last -$43B), Feb Total Net TIC Flows (last -$148.9B)

9:15am March Industrial Production (last -1.5%), March Capacity Utilization (last 70.2%)

10:30am DoE Crude Oil/Gasoline/Distillate Inventories

1:00pm April NAHB Housing Market Index (last 9)

2:00pm Fed's Beige Book

Events

10:00pm China Q1 GDP. Infocast Advanced Battery Manufacturing Conference. MBA Mortgage Applications (7:00, last 4.7%). Trades Ex-dividend: PKI $0.07, LOW $0.085, HRL $0.19, AYI $0.13.

Earnings

Before the Open: ABT, ACGY, ASML, SCHW, INFY, NITE, LUFK, MTOX, BTU, PJC, PGR, WWW. After the Close: ATR, CCK, DTLK, KMP, LSTR, LLTC, PLCM, STLY, UFPI.

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:

New Widget: Energy Prices

noreply@blogger.com (Cannon Trading) — Tue, 14 Apr 2009 19:57:00 +0000

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Futures Trading levels and Economic reports for Apr 14th

noreply@blogger.com (Cannon Trading) — Mon, 13 Apr 2009 19:58:00 +0000

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Dear Trader,

Market opened lower, tested support at 842 and never looked back.

If the action we had on both Thursday and today was done during "normal trading days" and not during what I call "Holiday Mode", I would say that it is quite bullish. However, because the rally took place during the day before and after Easter on light volume, I will need to see some proof coming up the rest of this week when more volume comes back into the market.

Some important economic reports are due the rest of the week along with option expiration day on Friday.

Some levels to watch for are: 861, 873 on the way up. 848, 839 and 823 on the way down.

Good Trading!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	884.23	1371.00	8232	485.47
Resistance 2	872.77	1357.50	8146	477.13
Resistance 1	864.63	1348.00	8083	471.97
Pivot	853.17	1334.50	7997	463.63
Support 1	845.03	1325.00	7934	458.47
Support 2	833.57	1311.50	7848	450.13
Support 3	825.43	1302.00	7785	444.97

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	921.33	1.3734	55.08	129 22/32
Resistance 2	911.27	1.3562	53.62	128 18/32
Resistance 1	903.03	1.3467	51.77	127 27/32
Pivot	892.97	1.3295	50.31	126 23/32
Support 1	884.73	1.3200	48.46	126
Support 2	874.67	1.3028	47.00	124 28/32
Support 3	866.43	1.2933	45.15	124 5/32

REPORTS (EST): Provided by www.TradeTheNews.com

Tuesday, April 14, 2009

Economic

8:30am March PPI (last m/m 0.1%, y/y -1.3%, ex food & energy last m/m 0.2%, y/y 4.0%), March Advance retail sales (last 0.1%, ex autos last 0.7%)

10:00am Feb Business Inventories (last -1.1%)

10:30am Fed coupon purchase

4:30pm API Crude Oil/Gasoline/Distillate Inventories

Events

10:30am Fed's Evans speaks on risk management for banks. 4:45pm Fed's Stern speaks on risk management for banks. ICSC/UBSW Chain Store Sales (7:45, last 0.6%). Redbook Retail Sales (8:55, last 0.4%). ABC Consumer Confidence (last -50). AGL Analyst Meeting. SY Shareholders Meeting. Trades Ex-dividend: BBY $0.14, EOG $0.145, RRD $0.26, NPD $0.33, MGRC $0.22, KWR $0.23.

Earnings

Before the Open: CBSH, FAST, GS, JNJ, GWW. After the Close: ADTN, CSX, HCSG, STX, INTC.

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:

Futures Trading levels and Economic reports for April 13th

noreply@blogger.com (Cannon Trading) — Thu, 09 Apr 2009 20:04:00 +0000

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Dear Trader,

Market could not crack support of 811 over the last few sessions so the path of less resistance became the upside.....

It will be very interesting to see where we will open Monday after the long weekend. Next major resistance at 873.

Support at 839, 823, 811

Markets are closed tomorrow. Full schedule and times of reopen can be found at:

EuroNext holiday hours
CME Good Friday schedule ^PDF
Eurex holiday calendar ^PDF
ICE holiday calendar ^P

Have a happy Easter, happy Passover!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	868.67	1369.17	8167	501.23
Resistance 2	860.33	1355.58	8098	483.57
Resistance 1	856.17	1345.67	8057	474.13
Pivot	847.83	1332.08	7988	456.47
Support 1	843.67	1322.17	7947	447.03
Support 2	835.33	1308.58	7878	429.37
Support 3	831.17	1298.67	7837	419.93

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	898.13	1.3503	55.79	128 28/32
Resistance 2	892.97	1.3419	54.12	128 5/32
Resistance 1	886.33	1.3289	53.06	127 2/32
Pivot	881.17	1.3205	51.39	126 11/32
Support 1	874.53	1.3075	50.33	125 9/32
Support 2	869.37	1.2991	48.66	124 18/32
Support 3	862.73	1.2861	47.60	123 15/32

REPORTS (EST): Provided by www.TradeTheNews.com

Monday, April 13, 2009

Economic

10:30am Fed coupon purchase

Events

Note that European markets are closed for Easter Monday. Trades Ex-dividend: ABT $0.40.

Earnings

Before the Open: TLB . After the Close: JBHT, RNOW.

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:

Futures Trading levels and Economic reports for April 9th

noreply@blogger.com (Cannon Trading) — Wed, 08 Apr 2009 20:11:00 +0000

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Dear Trader,

Market still in a range. The longer markets consolidate in general, the bigger the move that follows. I wish I knew the direction of the move.....using a breakout strategy may be the way to go if you are a swing trader.

The bands right now are 803 to 844 with 811 and 825 playing a significant rule during the day session.

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	841.67	1338.33	7993	462.30
Resistance 2	833.33	1322.17	7917	451.70
Resistance 1	827.67	1310.33	7853	445.60
Pivot	819.33	1294.17	7777	435.00
Support 1	813.67	1282.33	7713	428.90
Support 2	805.33	1266.17	7637	418.30
Support 3	799.67	1254.33	7573	412.20

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	901.77	1.3486	55.69	129 11/32
Resistance 2	896.73	1.3396	53.49	128 20/32
Resistance 1	889.27	1.3326	51.76	128 3/32
Pivot	884.23	1.3236	49.56	127 13/32
Support 1	876.77	1.3166	47.83	126 28/32
Support 2	871.73	1.3076	45.63	126 5/32
Support 3	864.27	1.3006	43.90	125 20/32

REPORTS (EST): Provided by www.TradeTheNews.com

Thursday, April 09, 2009

Economic

7:00am BoE rate decision

8:30am Feb Trade Balance (last -$36B), March Import Price Index (last m/m -0.2%, y/y -12.8%), Initial Jobless Claims (last 669K), Continuing Claims (last 5.728M)

10:30am Natural Gas Inventories

Events

Recommended bond market early close. 9:00am Fed's Stern speaks in South Dakota. 1:00pm Fed's Hoenig speaks on US economy in Oklahoma. Same-store sales before the open. Trades Ex-dividend: TEL $0.16, ETH $0.10.

Earnings

Before the Open: FCSX, MTRX, MOV. After the Close: CBK, EXM.

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:

Futures Trading levels and Economic reports for April 8th

noreply@blogger.com (Cannon Trading) — Tue, 07 Apr 2009 20:13:00 +0000

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Dear Trader,

Seems like a slow grind lower. We went and tested support yesterday at 818 and bounced. Today we tested support at 811, bounced and then closed on the lows.

Next meaningful support at: 800-803. Resistance at 823-826.

Good trading!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	830.47	1322.83	7925	462.73
Resistance 2	826.33	1309.42	7873	455.77
Resistance 1	819.27	1293.83	7815	443.53
Pivot	815.13	1280.42	7763	436.57
Support 1	808.07	1264.83	7705	424.33
Support 2	803.93	1251.42	7653	417.37
Support 3	796.87	1235.83	7595	405.13

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	907.37	1.3560	53.89	128 13/32
Resistance 2	897.13	1.3483	52.85	127 27/32
Resistance 1	890.57	1.3376	50.96	127 13/32
Pivot	880.33	1.3299	49.92	126 26/32
Support 1	873.77	1.3192	48.03	126 12/32
Support 2	863.53	1.3115	46.99	125 26/32
Support 3	856.97	1.3008	45.10	125 12/32

REPORTS (EST): Provided by www.TradeTheNews.com

Wednesday, April 08, 2009

Economic

10:00am Feb Wholesale Inventories (last -0.9%)

10:30am DoE Crude Oil/Gasoline/Distillate Inventories

1:00pm Treasury's 3-year note aution

2:00pm FOMC minutes

Events

SEC to vote on restoring the uptick rule. Goldman Sachs Leveraged Finance Healthcare Conference. MBA Mortgage Applications (7:00, last 3.0%). Same-store sales after the close. Trades Ex-dividend: MA $0.15, PGN $0.62, CBKN $0.08.

Earnings

Before the Open: STZ, FDO, GBX, RPM, SGR. During Trading Hours: JOSB. After the Close: CHP, PBY, SMSC, WDFC.

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:

Futures Trading levels and Economic reports for April 7th

noreply@blogger.com (Cannon Trading) — Mon, 06 Apr 2009 20:26:00 +0000

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Dear Trader,

Market gapped lower after a bullish close Friday. Tested the 818.50 support/ 38.2% retracement level and then bounced pretty good from there.

I will look at Fridays high of 842 as an area that if we can close above on an hourly chart, may signal another leg up.

On the other hand, a break below 818 will push prices toward 807-810 and will close the GAP we have from April 1st, which is also a 50% retracement level....what does it all mean? sometimes nothing, just some levels to have in mind from the slighly bigger time frame that you can apply as you are daytrading...

See hourly chart below and good trading!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	851.60	1351.50	8095	482.73
Resistance 2	842.70	1333.25	8015	472.37
Resistance 1	836.60	1322.50	7965	459.43
Pivot	827.70	1304.25	7885	449.07
Support 1	821.60	1293.50	7835	436.13
Support 2	812.70	1275.25	7755	425.77
Support 3	806.60	1264.50	7705	412.83

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	926.23	1.3769	57.15	129 1/32
Resistance 2	912.87	1.3675	55.38	128 12/32
Resistance 1	891.73	1.3543	53.36	127 11/32
Pivot	878.37	1.3449	51.59	126 22/32
Support 1	857.23	1.3317	49.57	125 21/32
Support 2	843.87	1.3223	47.80	125
Support 3	822.73	1.3091	45.78	123 31/32

REPORTS (EST): Provided by www.TradeTheNews.com

Tuesday, April 07, 2009

Economic

10:00am TAF results

1:00pm Treasury's 10-year note auction

3:00pm Feb Consumer Credit (last $1.8B)

4:30pm API Crude Oil/Gasoline/Distillate Inventories

Events

CanaccordAdams Hepatitis C Conference. RBC Uranium Production Conference. ICSC/UBSW Chain Store Sales (7:45, last 1.1%). Redbook Retail Sales (8:55, last -0.6%). ABC Consumer Confidence (last -49). DNR Analyst Meeting. Trades Ex-dividend: GD $0.38, JCP $0.20, YUM $0.19, T $0.41, VZ $0.46.

Earnings

Before the Open: CHTT, ISCA. After the Close: AA, BBBY, LNDC, MIND, MOS, RECN, RT.

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:

Futures Trading levels and Economic reports for April 6th

noreply@blogger.com (Cannon Trading) — Fri, 03 Apr 2009 20:06:00 +0000

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Dear Trader,

Bad job numbers, market barely sold off, then bounced to close at the highs. Some would call this a short term bullish indicator, which may indeed be the case if we can trade and hold above 844.

Have a great weekend.

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	863.50	1346.17	8180	476.33
Resistance 2	852.00	1331.08	8084	466.57
Resistance 1	846.00	1323.17	8032	461.53
Pivot	834.50	1308.08	7936	451.77
Support 1	828.50	1300.17	7884	446.73
Support 2	817.00	1285.08	7788	436.97
Support 3	811.00	1277.17	7736	431.93

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	925.80	1.3667	56.77	131 2/32
Resistance 2	918.80	1.3581	55.33	130 5/32
Resistance 1	906.50	1.3534	53.89	128 20/32
Pivot	899.50	1.3448	52.45	127 23/32
Support 1	887.20	1.3401	51.01	126 6/32
Support 2	880.20	1.3315	49.57	125 9/32
Support 3	867.90	1.3268	48.13	123 24/32

REPORTS (EST): Provided by www.TradeTheNews.com

Monday, April 06, 2009

Economic

10:00am TAF auction

11:00am Treasury's note announcement

Events

BoJ rate decision. Defense Sec Gates to announce 2010 US DoD budget. ING EMEA Financials Conference. Hart Energy Gas Conference. Merrill Lynch Emerging Gold Producers Conference. Trades Ex-dividend: ORCL $0.05, CMCSA $0.068, CMCSK $0.068, GPS $0.085, KOF $0.508.

Earnings

After the Close: APOG, BLUD.

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:

Futures Trading levels and Economic reports for April 3rd

noreply@blogger.com (Cannon Trading) — Thu, 02 Apr 2009 20:17:00 +0000

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Dear Trader,

Un Employment figures tomorrow morning will dictate if the market will break todays high in an attempt to advance towards 873 or pull back towards last night lows around 807.

be ready for volatile trading session.

LEVELS:

Contract (June 2009)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	863.07	1363.33	8213	488.80
Resistance 2	852.53	1337.67	8117	471.50
Resistance 1	844.27	1319.33	8038	461.30
Pivot	833.73	1293.67	7942	444.00
Support 1	825.47	1275.33	7863	433.80
Support 2	814.93	1249.67	7767	416.50
Support 3	806.67	1231.33	7688	406.30

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	961.33	1.3860	58.4967	132 20/32
Resistance 2	946.57	1.3689	55.6833	131 25/32
Resistance 1	925.63	1.3574	54.0767	130 15/32
Pivot	910.87	1.3403	51.2633	129 20/32
Support 1	889.93	1.3288	49.6567	128 10/32
Support 2	875.17	1.3117	46.8433	127 15/32
Support 3	854.23	1.3002	45.2367	126 5/32

REPORTS (EST): Provided by www.TradeTheNews.com

Friday, April 03, 2009

Economic

8:30am March Nonfarm Payrolls (last -651K), Unemployment (last 8.1%), Manufacturing Payrolls (last -168K), Average Hourly Earnings (last m/m 0.2%, y/y 3.6%)

10:00am March ISM Non-Manufacturing (last 41.6)

Events

12:00pm Fed Chairman Bernanke speaks at credit conference in Charlotte, NC. Trades Ex-dividend: BNS $0.379.

Earnings

Before the Open: AZZ.

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:

Futures Trading levels and Economic reports for April 2nd

noreply@blogger.com (Cannon Trading) — Wed, 01 Apr 2009 20:21:00 +0000

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Dear Trader,

April started out with a nice rally after a gap open lower. Market has been trading in a range the last few days between 775 to 830 and it is still in consolidation mode after the rally we had from lows of March 6th to highs of March 26th. Markets will usually expand, and then consolidate and then the key question is the direction of the next expansion.....

Have a great trading month in April!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	850.50	1313.17	8123	452.03
Resistance 2	830.40	1284.08	7927	440.17
Resistance 1	819.70	1267.17	7823	433.43
Pivot	799.60	1238.08	7627	421.57
Support 1	788.90	1221.17	7523	414.83
Support 2	768.80	1192.08	7327	402.97
Support 3	758.10	1175.17	7223	396.23

Contract	June Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	953.47	1.3417	50.87	132 9/32
Resistance 2	944.63	1.3353	49.92	131 15/32
Resistance 1	936.27	1.3295	49.17	131 2/32
Pivot	927.43	1.3231	48.22	130 8/32
Support 1	919.07	1.3173	47.47	129 26/32
Support 2	910.23	1.3109	46.52	129
Support 3	901.87	1.3051	45.77	128 19/32

REPORTS (EST): Provided by www.TradeTheNews.com

Thursday, April 02, 2009

Economic

7:45am ECB Rate Decision

8:30am Initial Jobless Claims (last 652K), Continuing Claims (last 5.56M)

10:00am Feb Factory Orders (last -1.9%)

10:30am Natural Gas Inventories

11:00am Treasury's 10-year announcement

Events

G20 Summit in London. ADSK Investor Day. NYX Shareholder Meeting. SUF Investor Call. Trades Ex-dividend: DGX $0.10, KIM $0.44, JPM $0.05, CIM $0.06, AMB $0.28.

Earnings

Before the Open: AYI, BTH, KMX, CREL, LNN, MON, MSM, RAD, SCHN, VIP. After the Close: ANGO, CAE, CHINA, DMAN, GPN, LWSN, MU, RIMM, TK.

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:

Futures Trading levels and Economic reports for April 1st

noreply@blogger.com (Cannon Trading) — Tue, 31 Mar 2009 20:06:00 +0000

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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.

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:

Futures Trading levels and Economic reports for March 31st

noreply@blogger.com (Cannon Trading) — Mon, 30 Mar 2009 20:19:00 +0000

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Dear Trader,

Last trading day for the month and the quarter is tomorrow. Todays gap open lower actually, almost "filled" the gap from a high gap open on the 23rd....not sure if it means anything but the market is now set to show us which is the path of least resistance, either resume the rally from last week or start a new move lower towards the low 700's.

Wishing all of you a great trading day!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	813.57	1265.17	7744	450.53
Resistance 2	804.13	1248.58	7652	439.77
Resistance 1	794.57	1236.17	7566	427.63
Pivot	785.13	1219.58	7474	416.87
Support 1	775.57	1207.17	7388	404.73
Support 2	766.13	1190.58	7296	393.97
Support 3	756.57	1178.17	7210	381.83

Contract	April Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	954.17	1.3455	55.29	131 20/32
Resistance 2	943.33	1.3371	53.77	130 25/32
Resistance 1	930.27	1.3281	51.15	129 28/32
Pivot	919.43	1.3197	49.63	129 2/32
Support 1	906.37	1.3107	47.01	128 5/32
Support 2	895.53	1.3023	45.49	127 10/32
Support 3	882.47	1.2933	42.87	126 13/32

REPORTS (EST): Provided by www.TradeTheNews.com

Tuesday, March 31, 2009

Economic

9:00am Jan S&P/CS Home Price Index (last 150.66), Jan S&P/CS Composite-20 y/y (last -18.55%)

9:45am March Chicago Purchasing Manager Index (last 34.2)

10:00am March Consumer Confidence (last 25), March NAPM-Milwaukee (last 29)

4:30pm API Crude Oil/Gasoline/Distillate Inventories

Events

9:00am Fed's Stern speaks on too big to fail in Washington. 1:00pm Fed's Plosser speaks on financial regulation reform in Chicago. Financial Times Hong Kong Conference. CBLI Business Update. ICSC/UBSW Chain Store Sales (7:45, last -0.4%). Redbook Retail Sales (8:55, last -1.3%). ABC Consumer Confidence (last -49). Trades Ex-dividend: BAMM $0.05, GU $0.022.

Earnings

Before the Open: GMTN, GIGM, LEN, SAH, SCS. After the Close: APOL, EXFO, GIII, HLYS, FUL, FACE, SGK, ZZ, TBSI.

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:

Futures Trading levels and Economic reports for March 30th

noreply@blogger.com (Cannon Trading) — Fri, 27 Mar 2009 20:08:00 +0000

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Dear Trader,

Have a great weekend and a successful trading week to come!

LEVELS:

Contract (June 2008)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	832.63	1284.67	7898	454.70
Resistance 2	826.97	1276.33	7842	448.60
Resistance 1	820.83	1264.67	7793	438.80
Pivot	815.17	1256.33	7737	432.70
Support 1	809.03	1244.67	7688	422.90
Support 2	803.37	1236.33	7632	416.80
Support 3	797.23	1224.67	7583	407.00

Contract	April Gold	June Euro	May Crude Oil	June Bonds
Resistance 3	951.43	1.3844	56.36	130 26/32
Resistance 2	944.07	1.3719	55.32	130 4/32
Resistance 1	933.73	1.3508	53.72	129 12/32
Pivot	926.37	1.3383	52.68	128 22/32
Support 1	916.03	1.3172	51.08	127 30/32
Support 2	908.67	1.3047	50.04	127 8/32
Support 3	898.33	1.2836	48.44	126 16/32

REPORTS (EST): Provided by www.TradeTheNews.com

Monday, March 30, 2009

Economic

10:30am March Dallas Fed Manufacturing Activity (last -57.3%)

Events

Obama administration to announce auto industry viability plan. Brean Murray Global Resources & Infrastructure Conference. Platts Wind Power Conference. Trades Ex-dividend: CAH $0.14.

Earnings

Before the Open: CALM, LAYN, PRSC. After the Close: OXM.

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: