7.16.12
Retail sales for June comes in at-0.5%.A sign of contraction while Empire State comes in better than expected. Bonds up on this spongy data.
German consumer confidence contracted to a reading of-20from a reading of-16.9.Eurozone rate of inflation remained at 2.4%, London house values declined on oversupply. Oil is lower as Abu Dhabi begins using a pipeline that circumvents the Strait of Hormuz.
Week of July 16 - July 20
|
Date |
ET |
|
Release |
For |
Actual |
|
Briefing.com |
|
Briefing.com |
|
Prior |
|
Revised |
|
|
|
|
|
|
|
|
Forecast |
|
Consensus |
|
|
|
From |
|
Jul 16 |
08:30 |
|
Jun |
|
0.4% |
0.2% |
-0.2% |
|
|
||||
|
Jul 16 |
08:30 |
|
Jun |
|
0.2% |
0.1% |
-0.4% |
|
|
||||
|
Jul 16 |
08:30 |
|
Empire Manufacturing |
Jul |
|
0.0 |
3.8 |
2.3 |
|
|
|||
|
Jul 16 |
10:00 |
|
May |
|
0.2% |
0.2% |
0.4% |
|
|
||||
|
Jul 17 |
08:30 |
|
Jun |
|
0.1% |
0.1% |
-0.3% |
|
|
||||
|
Jul 17 |
08:30 |
|
Jun |
|
0.2% |
0.2% |
0.2% |
|
|
||||
|
Jul 17 |
09:00 |
|
NetLong-TermTIC |
May |
|
|
NA |
|
NA |
|
$25.6B |
|
|
|
|
Flows |
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul 17 |
09:15 |
|
Jun |
|
0.0% |
0.3% |
-0.1% |
|
|
||||
|
Jul 17 |
09:15 |
|
Jun |
|
79.0% |
79.2% |
79.0% |
|
|
||||
|
Jul 17 |
10:00 |
|
NAHB Housing |
Jul |
|
30 |
30 |
29 |
|
|
|||
|
|
Market Index |
|
|
|
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul 18 |
07:00 |
|
MBA Mortgage Index |
07/14 |
|
|
NA |
|
NA |
-2.1% |
|
|
|
|
Jul 18 |
08:30 |
|
Jun |
|
|
715K |
|
743K |
|
708K |
|
|
|
|
Jul 18 |
08:30 |
|
Jun |
|
|
765K |
|
765K |
|
780K |
|
|
|
|
Jul 18 |
10:30 |
|
Crude Inventories |
07/14 |
|
|
NA |
|
NA |
|
- |
|
|
|
|
|
|
|
|
4.696M |
|
|
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul 18 |
14:00 |
|
Fed's Beige Book |
Jun |
|
|
|
|
|
|
|
|
|
|
Jul 19 |
08:30 |
|
07/14 |
|
|
360K |
|
365K |
|
350K |
|
|
|
|
Jul 19 |
08:30 |
|
07/07 |
|
|
3300K |
|
3300K |
|
3304K |
|
|
|
|
Jul 19 |
10:00 |
|
Jun |
|
|
4.65M |
|
4.65M |
4.55 |
|
|
||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Briefing.com |
Prior |
Revised |
|
|
|
|
|
|
|
Forecast |
Consensus |
|
From |
|
Jul 19 |
10:00 |
Jul |
|
-13.0 |
-10.0 |
-16.6 |
|
|
|
Jul 19 |
10:00 |
Jun |
|
-0.2% |
-0.2% |
0.3% |
|
|
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
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 |
|
|
|
|
|
|
|
|
|
|
Sept ES |
U |
1306 |
1329 |
1336 |
1369 |
1365.5 |
1380.00 |
|
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
Sept Nasdaq |
D |
2464 |
2520.50 |
2548 |
2613 |
2629.5 |
2682.00 |
|
Nasda |
|
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sept Yen |
U |
124.50 |
125.37 |
125.97 |
126.92 |
126.88 |
127.52 |
|
|
|
|
|
|
|
|
|
|
Sept EC |
D |
120.88 |
121.66 |
121.92 |
123.25 |
123.40 |
124.29 |
|
|
|
|
|
|
|
|
|
|
Sept 10 Year |
U |
134.00 |
134.08 |
134.11 |
134.30 |
134.27 |
135.06 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sept 30 Year |
U |
148.29 |
150.01 |
150.23 |
151.24 |
152.03 |
153.01 |
|
|
|
|
|
|
|
|
|
|
Nov Soybeans |
PRD(U) |
14.74 |
15.13 |
15.32 |
15.81 |
15.83 |
16.14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sept Corn |
U |
6.614 |
7.01 |
7.28 |
7.59 |
7.64 |
7.884 |
|
|
|
|
|
|
|
|
|
|
Aug |
D |
1533.9 |
1543 |
1572.9 |
1615 |
1618.7 |
1664.3 |
|
Gold |
|
|
|
|
|
|
|
|
Sept |
U |
25.93 |
26.06 |
26.83 |
27.59 |
27.76 |
28.24 |
|
Silver |
|
|
|
|
|
|
|
|
Sept |
D |
333 |
341 |
344 |
356 |
353 |
358 |
|
Coppe |
|
|
|
|
|
|
|
|
r |
|
|
|
|
|
|
|
|
Aug |
U |
82.15 |
84.61 |
85.91 |
87.94 |
88.57 |
90.07 |
|
Crude |
|
|
|
|
|
|
|
