07-23-2013
Top Day Market News
Again, a very light news day in terms of economic releases. China emphasizing growth overnight was a modest positive for equities. Gold may be finished working through its short covering rally in an over-reaction to the conclusion of G-20 over the weekend. The currencies are waiting for flash Purchasing Managers Index readings tomorrow. Yen is back on the defensive.
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Week of July 22 - July 26 |
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Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jul 22 |
10:00 |
Existing Home Sales |
Jun |
|
5.25M |
5.28M |
5.18M |
|
|
|
Jul 23 |
09:00 |
FHFA Housing Price Index |
May |
|
NA |
NA |
0.7% |
|
|
|
Jul 24 |
07:00 |
MBA Mortgage Index |
07/20 |
|
NA |
NA |
NA |
|
|
|
Jul 24 |
10:00 |
New Home Sales |
Jun |
|
470K |
481K |
476K |
|
|
|
Jul 24 |
10:30 |
Crude Inventories |
07/20 |
|
NA |
NA |
- 6.902M |
|
|
|
Jul 25 |
08:30 |
Initial Claims |
07/20 |
|
NA |
328K |
334K |
|
|
|
Jul 25 |
08:30 |
Continuing Claims |
07/13 |
|
NA |
2990K |
3114K |
|
|
|
Jul 25 |
08:30 |
Durable Orders |
Jun |
|
0.6% |
1.5% |
3.7% |
3.6% |
|
|
Jul 25 |
08:30 |
Durable Goods –ex transportation |
Jun |
|
0.3% |
0.4% |
0.5% |
0.7% |
|
|
Jul 25 |
10:30 |
Natural Gas Inventories |
07/20 |
|
NA |
NA |
58 bcf |
|
|
|
Jul 25 |
09:55 |
Michigan Sentiment - Final |
Jul |
|
84.2 |
84.2 |
83.9 |
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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 |
1657 |
1673 |
1685 |
1698 |
1696 |
1706 |
|
Sept Nasdaq |
U |
2997 |
3021 |
3038303 |
3063 |
3077 |
3110 |
|
Sept Yen |
PRDU) |
98.04 |
98.92 |
99.64 |
100.99 |
100.92 |
102.04 |
|
Sept EC |
PRD(U) |
129.17 |
130.20 |
131.47 |
132.29 |
132.10 |
132.90 |
|
Sept 10 Year |
D |
125.07 |
126.05 |
126.29 |
127.08 |
127.21 |
128.07 |
|
Sept 30 Year |
U |
132.15 |
133.10 |
135.09 |
136.07 |
136.14 |
137.13 |
|
Nov Soybeans |
U |
12.27 |
12.51 |
12.71 |
13.00 |
12.97 |
13.20 |
|
Sept Corn |
U |
5.24 |
5.34 |
5.31 |
5.45 |
5.51 |
5.59 |
|
Aug Gold |
U |
1257 |
1276 |
1307 |
1351 |
1307 |
1318.60 |
|
Sept Silver |
U |
18.86 |
19.07 |
19.81 |
20.89 |
20.03 |
20.59 |
|
Sept Copper |
U |
305 |
310 |
314 |
321 |
319.00 |
324.00 |
|
Sept Crude |
U |
102.50 |
105.39 |
106.08 |
108.20 |
110.05 |
111.82 |
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