01.28.13
Top Day Recommendations
After a momentary delay, the durable goods numbers were finally released. They came in stronger than expected at 4.6%, excluding transportation +1.3%. The median forecast was a 2.5%. We also get pending home sales at 10 o’clock this morning. The consequence of this press release is to put pressure on interest rates and encourage “risk on” investment, negative for gold, positive for crude. Italian consumer confidence is at a multi-month low economic numbers in China seem to be improving. Platinum is already trading at first support today, 1681. OPEC sees oil markets were supplied and at the same time doesn’t see a price collapse in 2013.
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Week of January 28 - February 01 |
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jan 28 |
08:30 |
|
Dec |
|
2.5% |
1.6% |
0.8% |
0.7% |
|
|
Jan 28 |
08:30 |
|
Dec |
|
0.0% |
0.0% |
1.6% |
|
|
|
Jan 28 |
10:00 |
Pending Home Sales |
Dec |
|
0.0% |
0.0% |
1.7% |
|
|
|
Jan 29 |
09:00 |
Case-Shiller 20-city Index |
Nov |
|
5.0% |
5.2% |
4.3% |
|
|
|
Jan 29 |
10:00 |
|
Jan |
|
61.0 |
65.1 |
65.1 |
|
|
|
Jan 30 |
07:00 |
MBA Mortgage Index |
01/26 |
|
NA |
NA |
7.0% |
|
|
|
Jan 30 |
08:15 |
ADP Employment Change |
Jan |
|
175K |
175K |
215K |
|
|
|
Jan 30 |
08:30 |
|
Q4 |
|
0.2% |
1.0% |
3.1% |
|
|
|
Jan 30 |
08:30 |
|
Q4 |
|
1.5% |
1.6% |
2.7% |
|
|
Jan 30 |
10:30 |
Crude Inventories |
01/26 |
|
NA |
NA |
2.813M |
|
|
Jan 30 |
14:15 |
FOMC Rate Decision |
Jan |
|
0.25% |
0.25% |
0.25% |
|
|
Jan 31 |
07:30 |
Challenger Job Cuts |
Jan |
|
NA |
NA |
34.4% |
|
|
Jan 31 |
08:30 |
|
01/26 |
|
365K |
345K |
330K |
|
|
Jan 31 |
08:30 |
|
01/19 |
|
3200K |
3200K |
3157K |
|
|
Jan 31 |
08:30 |
|
Dec |
|
0.7% |
0.7% |
0.6% |
|
|
Jan 31 |
08:30 |
|
Dec |
|
0.5% |
0.3% |
0.4% |
|
|
Jan 31 |
08:30 |
|
Dec |
|
0.1% |
0.1% |
0.0% |
|
|
Jan 31 |
08:30 |
|
Q4 |
|
0.6% |
0.5% |
0.4% |
|
|
Jan 31 |
09:45 |
|
Jan |
|
50.0 |
50.5 |
48.9 |
51.6 |
|
Jan 31 |
10:30 |
Natural Gas Inventories |
01/26 |
|
NA |
NA |
-172 bcf |
|
|
Feb 01 |
08:30 |
|
Jan |
|
195K |
180K |
155K |
|
|
Feb 01 |
08:30 |
|
Jan |
|
215K |
193K |
168K |
|
|
Feb 01 |
08:30 |
|
Jan |
|
7.7% |
7.7% |
7.8% |
|
|
Feb 01 |
08:30 |
|
Jan |
|
0.2% |
0.2% |
0.3% |
|
|
Feb 01 |
08:30 |
|
Jan |
|
34.5 |
34.5 |
34.5 |
|
|
Feb 01 |
09:55 |
|
Jan |
|
70.5 |
71.4 |
71.3 |
|
|
Feb 01 |
10:00 |
|
Jan |
|
49.5 |
50.5 |
50.7 |
|
|
Feb 01 |
10:00 |
|
Dec |
|
0.3% |
0.5% |
-0.3% |
|
|
Feb 01 |
14:00 |
|
Jan |
|
NA |
NA |
5.5M |
|
|
Feb 01 |
14:00 |
|
Jan |
|
NA |
NA |
6.5M |
|
MARKET PLACE
Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biased.
Legend U is Up
D is Down
PRD is Potential Reversal Day (Change of Trend) S2 is Weekly strong support
S1 is Weekly good support DS is Daily Support
DR is Daily Resistance
R1 is Weekly Good Resistance and is calculated once a week on Sunday night
R2 is Weekly Strong Resistance and is calculated once a week on
Sunday night
Levels are for the most active futures contract
Daily Support and Resistance
|
|
Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
|
Mar ES |
U |
1465 |
1480 |
1485.50 |
1506.0 |
1497.5 0 |
1514 |
|
Mar Nasdaq
|
U |
2674 |
2701 |
2713 |
2754 |
2762 |
2796 |
|
Mar Yen
|
PRD(D) |
107.16 |
108.59 |
109.03 |
110.58 |
112.45 |
114.98 |
|
Mar EC
|
U |
131.+1 |
133.23 |
133.87 |
135.18 |
134.59 |
136.23 |
|
Mar 10 Year
|
PRD(D) |
130.18 |
130.31 |
130.25 |
131.30 |
132.06 |
132.31 |
|
Mar 30 Year
|
PRD(D) |
142.09 |
143.06 |
142.24 |
145.08 |
145.23 |
147.11 |
|
Mar Soybeans
|
D |
13.93 |
14.17 |
14.29 |
14.56 |
14.62 |
14.84 |
|
Mar Corn
|
U |
7.03 |
7.11 |
7.16 |
7.26 |
7.32 |
7.43 |
|
Feb Gold
|
D |
1628.8 |
1643 |
1651 |
1667 |
1684 |
1710 |
|
Mar Silver
|
PRD(D) |
30.23 |
30.70 |
30.94 |
31.63 |
32.06 |
32.95 |
|
Mar Copper
|
U |
359 |
362 |
362 |
368 |
370 |
374 |
|
Mar Crude
|
U |
94.01 |
95.05 |
95.35 |
96.48 |
97.02 |
97.95 |
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