06.11.13
Top Day Recommendations
Last night, the Bank of Japan maintained monetary policy, refraining from adding additional stimulus. This was viewed as a disappointment and sent the Nikkei 1.46% lower and the he Yen higher erasing yesterday’s declines. At the same time, the Aussie dollar fell as there was an announced contraction in housing activity. This also took oil lower into support levels. All in all, the BOJ “non move” triggered a “risk off” response.
No economic releases today.
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Week of June 10 - June 14 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jun 11 |
10:00 |
Wholesale Inventories |
Apr |
|
0.2% |
0.2% |
0.4% |
|
|
|
Jun 12 |
07:00 |
MBA Mortgage Index |
06/08 |
|
NA |
NA |
-11.5% |
|
|
|
Jun 12 |
10:30 |
Crude Inventories |
06/08 |
|
NA |
NA |
-6.267M |
|
|
|
Jun 12 |
14:00 |
Treasury Budget |
May |
|
-$139.0B |
-$139.0B |
- $124.6B |
|
|
|
Jun 13 |
08:30 |
Initial Claims |
06/08 |
|
350K |
345K |
346K |
|
|
|
Jun 13 |
08:30 |
Continuing Claims |
06/01 |
|
2975K |
2973K |
2952K |
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Jun 13 |
08:30 |
Retail Sales |
May |
|
0.1% |
0.3% |
0.1% |
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|
|
Jun 13 |
08:30 |
Retail Sales ex-auto |
May |
|
0.1% |
0.3% |
-0.2% |
-0.1% |
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Jun 13 |
08:30 |
Export Prices ex-ag. |
May |
|
NA |
NA |
-0.5% |
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|
|
Jun 13 |
08:30 |
Import Prices ex-oil |
May |
|
NA |
NA |
-0.2% |
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|
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jun 13 |
10:00 |
Business Inventories |
Apr |
|
0.2% |
0.2% |
0.0% |
|
|
Jun 13 |
10:30 |
Natural Gas Inventories |
06/08 |
|
NA |
NA |
111 bcf |
|
|
Jun 14 |
08:30 |
PPI |
May |
|
0.2% |
0.1% |
-0.7% |
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|
Jun 14 |
08:30 |
Core PPI |
May |
|
0.2% |
0.1% |
0.1% |
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|
Jun 14 |
08:30 |
Current Account Balance |
Q1 |
|
-$112.0B |
-$111.5B |
- $110.4B |
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|
Jun 14 |
09:15 |
Industrial Production |
May |
|
0.1% |
0.1% |
-0.5% |
|
|
Jun 14 |
09:15 |
Capacity Utilization |
May |
|
77.9% |
77.8% |
77.8% |
|
|
Jun 14 |
09:55 |
Mich Sentiment |
Jun |
|
81.5 |
83.0 |
84.5 |
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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 |
|
Jun ES |
U |
1576 |
1608 |
1634.50 |
1648 |
1657 |
1676 |
|
Jun Nasdaq |
U |
2871 |
2928 |
2974 |
3000 |
3024 |
3064 |
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Jun JY |
PRD( D) |
96.40 |
99.52 |
100.85 |
002.19 |
105.52 |
108.40 |
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Jun EC |
U |
128.11 |
130.17 |
132.03 |
133.28 |
133.68 |
135.13 |
|
Sept 10 Year |
D |
127..29 |
128.16 |
128.05 |
129.02 |
130.02 |
131.01 |
|
Sept 30 Year |
D |
137.12 |
138.18 |
138.14 |
139.19 |
141.22 |
143.22 |
|
July Soybeans |
U |
14.88 |
15.008 |
15.00 |
15.25 |
15.48 |
15.66 |
|
July Corn |
U |
6.31 |
6.48 |
6.44 |
6.60 |
6.78 |
6.915 |
|
Aug Gold |
D |
1348.7 |
1365 |
1369.8 |
1391.3 |
1412.7 |
1441.1 |
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July Silver |
D |
20.61 |
21.12 |
21.49 |
22.19 |
22.53 |
23.42 |
|
July Copper |
D |
315 |
321 |
321 |
328 |
336 |
345 |
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July Crude |
U |
89.50 |
92.58 |
95.22 |
96.28 |
98.01 |
99.76 |
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