7.24.2014
Top Day Market News
Equities continue to grind higher overnight. Copper is higher as Chinese stockpiles are allegedly at their lowest levels in six years. Grains continue to attempt to hammer out a bottom. Oil is lower overnight as the geo-political situation stabilizes at abysmal levels. Metals are lower as equities attract money away.
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Jul 22 |
08:30 |
CPI |
Jun |
|
0.4% |
0.3% |
0.4% |
|
|
Jul 22 |
08:30 |
Core CPI |
Jun |
|
0.2% |
0.2% |
0.3% |
|
|
Jul 22 |
09:00 |
FHFA Housing Price Index |
May |
|
NA |
NA |
0.0% |
|
|
Jul 22 |
10:00 |
Existing Home Sales |
Jun |
|
4.95M |
5.00M |
4.89M |
|
|
Jul 23 |
07:00 |
MBA Mortgage Index |
07/19 |
|
NA |
NA |
-3.6% |
|
|
Jul 23 |
10:30 |
Crude Inventories |
07/19 |
|
NA |
NA |
- 7.525M |
|
|
Jul 24 |
08:30 |
Initial Claims |
07/19 |
|
315K |
308K |
302K |
|
|
Jul 24 |
08:30 |
Continuing Claims |
07/12 |
|
2550K |
2533K |
2507K |
|
|
Jul 24 |
10:00 |
New Home Sales |
Jun |
|
430K |
475K |
504K |
|
|
Jul 24 |
10:30 |
Natural Gas Inventories |
07/19 |
|
NA |
NA |
107 bcf |
|
|
Jul 25 |
08:30 |
Durable Orders |
Jun |
|
0.3% |
0.3% |
-0.9% |
-1.0% |
|
Jul 25 |
08:30 |
Durable Goods –ex transportation |
Jun |
|
0.8% |
0.7% |
0.0% |
-0.1% |
Numbers below 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
Support and Resistance Grid
|
|
Trend |
WS2 |
WS1 |
DS |
DR |
WR1 |
WR2 |
|
Sept ES |
U |
1928 |
1949 |
1975 |
1989 |
1985 |
1999 |
|
Sept Nasdaq |
U |
3822 |
3877 |
3952 |
4003 |
3964 |
3996 |
|
Sept Yen |
D |
97.96 |
98.31 |
98.35 |
98.81 |
99.03 |
99.34 |
|
Sept EC |
D |
134.04 |
134.67 |
134.44 |
134.85 |
136.18 |
137.06 |
|
Sept 10 Year Note |
D |
124.08 |
124.24 |
125.05 |
125.17 |
125.24 |
126.07 |
|
Sept 30 Year Bond |
U |
135.19 |
136.27 |
138.04 |
138.26 |
139.01 |
139.31 |
|
Nov Soybeans |
D |
11.22 |
11.41 |
10.61 |
10.91 |
12.07 |
12.28 |
|
Sept Corn |
D |
3.595 |
3.66 |
3.58 |
3.67 |
3.82 |
3.93 |
|
Aug Gold |
PRD(D) |
1266 |
1288 |
12.95 |
13.09 |
1337 |
1363 |
|
Sept Silver |
D |
20.53 |
20.86 |
20.84 |
21.08 |
21.80 |
22.09 |
|
Sept Copper |
U |
309 |
314 |
319 |
324 |
326 |
334 |
|
Sept Crude |
D |
96.81 |
99.24 |
102.27 |
103.82 |
103.54 |
105.41 |
|
|
|
|
|
|
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