4.09.2014
Top Day Market News
ES saved itself yesterday with a higher close. The BOJ left rates unchanged and this helped to trigger a rally. There was a sizeable short position in the unit as many thought that recently enacted tax hikes would provide a drag on the economy and a lower Yen.
The dollar will look to the release of the recent Federal Open Market Committee meeting minutes at 2 PM for traction.
|
Week of April 07 - April 11 |
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Apr 07 |
15:00 |
Consumer Credit |
Feb |
|
$13.5B |
$14.3B |
$13.7B |
|
|
Apr 08 |
10:00 |
JOLTS - Job Openings |
Feb |
|
NA |
NA |
3.974M |
|
|
Apr 09 |
07:00 |
MBA Mortgage Index |
04/05 |
|
NA |
NA |
-1.2% |
|
|
Apr 09 |
10:00 |
Wholesale Inventories |
Feb |
|
0.6% |
0.5% |
0.6% |
|
|
Apr 09 |
10:30 |
Crude Inventories |
04/05 |
|
NA |
NA |
-2.379M |
|
|
Apr 09 |
14:00 |
FOMC Minutes |
3/19 |
|
|
|
|
|
|
Apr 10 |
08:30 |
Initial Claims |
04/05 |
|
325K |
325K |
326K |
|
|
Apr 10 |
08:30 |
Continuing Claims |
03/29 |
|
2850K |
2843K |
2836K |
|
|
Apr 10 |
08:30 |
Export Prices ex-ag. |
Mar |
|
NA |
NA |
0.6% |
|
|
Apr 10 |
08:30 |
Import Prices ex-oil |
Mar |
|
NA |
NA |
-0.2% |
|
|
Apr 10 |
10:30 |
Natural Gas Inventories |
04/05 |
|
NA |
NA |
-74 bcf |
|
|
Apr 10 |
14:00 |
Treasury Budget |
Mar |
|
NA |
NA |
-$106.5B |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Apr 11 |
08:30 |
PPI |
Mar |
|
0.1% |
0.1% |
-0.1% |
|
|
Apr 11 |
08:30 |
Core PPI |
Mar |
|
0.1% |
0.1% |
-0.2% |
|
|
Apr 11 |
09:55 |
Mich Sentiment |
Apr |
|
81.0 |
81.0 |
80.0 |
|
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 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 |
||
|
June ES |
|
U |
|
1832 |
1833 |
1841 |
1852 |
1884 |
1907 |
|
June Nasdaq |
D |
|
|
3431 |
3486 |
3506 |
3563 |
3633 |
3724 |
|
June Yen |
U |
|
95.39 |
96.14 |
92.44 |
96.55 |
97.48 |
98.07 |
|
|
June EC |
PRD(U) |
135.80 |
136.40 |
137.48 |
138.23 |
137.89 |
138.78 |
||
|
June 10 Year Note |
U |
|
122.11 |
123.00 |
123.25 |
124.06 |
124.08 |
124.12 |
|
|
June 30 Year Bond |
U |
|
130.28 |
131.30 |
133.08 |
133.29 |
133.24 |
134.16 |
|
|
May Soybeans |
U |
|
13.91 |
14.32 |
14.68 |
14.97 |
15..05 |
15.37 |
|
|
May Corn |
U |
|
4.50 |
4.80 |
4.99 |
5.14 |
5.17 |
5.33 |
|
|
June Gold |
D |
|
|
1265 |
1283 |
1299 |
1324 |
1314 |
1326 |
|
May Silver |
D |
|
19.34 |
19.68 |
19.87 |
20.20 |
20.24 |
20.53 |
|
|
May Copper |
U |
|
297 |
|
300 |
303 |
306 |
306.0 |
310.20 |
|
May Crude |
D |
92.52 |
99.29 |
10112 |
103.15 |
102.40 |
103.74 |
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