06.21.13
Top Day Market News
No eco releases scheduled for today. The probability is that rates are being allowed to normalize through tapering. The economy’s growth remains questionable. The dollar remains well bid based on interest rate differentials and risk aversion. A cash crunch in China isn’t helping. They seem intent on withdrawing liquidity from their banking system.
Enjoy the weekend.
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Week of June 17 - June 21 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jun 17 |
08:30 |
Empire Manufacturing |
Jun |
|
1.0 |
0.8 |
-1.4 |
|
|
|
Jun 17 |
10:00 |
NAHB Housing Market Index |
Jun |
|
45 |
45 |
44 |
|
|
|
Jun 18 |
08:30 |
CPI |
May |
|
0.3% |
0.2% |
-0.4% |
|
|
|
Jun 18 |
08:30 |
Core CPI |
May |
|
0.1% |
0.1% |
0.1% |
|
|
|
Jun 18 |
08:30 |
Housing Starts |
May |
|
925K |
950K |
853K |
|
|
|
Jun 18 |
08:30 |
Building Permits |
May |
|
975K |
983K |
1017K |
|
|
|
Jun 19 |
07:00 |
MBA Mortgage Index |
06/15 |
|
NA |
NA |
5.0% |
|
|
|
Jun 19 |
10:30 |
Crude Inventories |
06/15 |
|
NA |
NA |
2.523M |
|
|
|
Jun 19 |
14:00 |
FOMC Rate Decision |
Jun |
|
0.25% |
0.25% |
0.25% |
|
|
|
Jun 20 |
08:30 |
Initial Claims |
06/15 |
|
345K |
340K |
334K |
|
|
|
Jun 20 |
08:30 |
Continuing Claims |
06/08 |
|
2975K |
2967K |
2973K |
|
|
|
Jun 20 |
10:00 |
Existing Home Sales |
May |
|
4.95M |
5.00M |
4.97M |
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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 |
|
Sep ES |
PRD( D) |
1566 |
1592 |
1566 |
1612 |
1624 |
1668 |
|
Sep Nasdaq |
PRD( D) |
2836 |
2886 |
2851 |
2932 |
2991 |
3048 |
|
Sep JY |
D |
98.56 |
120.31 |
101.76 |
103.97 |
108.22 |
110.38 |
|
Sep EC |
PRD( D) |
130.90 |
132.15 |
131.42 |
132.53 |
134.28 |
135.16 |
|
Sept 10 Year |
D |
127.14 |
128.17 |
126.19 |
127.19 |
130.17 |
130.27 |
|
Sept 30 Year |
D |
136.18 |
138.15 |
135.08 |
137.11 |
141.18 |
142.24 |
|
July Soybeans |
U |
14.69 |
15.02 |
14.88 |
15.14 |
15.49 |
15.82 |
|
July Corn |
U |
6.29 |
6.42 |
6.67 |
6.79 |
6.66 |
6.77 |
|
Aug Gold |
D |
11353.2 |
1371.8 |
1257 |
1333 |
1401.7 |
1413 |
|
July Silver |
D |
20.76 |
21.37 |
19.13 |
20.89 |
22.54 |
23.10 |
|
July Copper |
D |
305 |
314 |
301 |
312 |
326 |
333 |
|
July Crude |
PRD( D) |
92.50 |
95.20 |
93.77 |
97.36 |
99.40 |
100.93 |
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