8.09.12
Top Day Market News
Weekly jobs claims came in better than expected and bonds are slightly lower on this and the dollar is stronger. There is a 30 year bond auction today. Grains are higher but ranges are contracting as is open interest ahead of tomorrow’s crop report. Gold is holding together fairly well despite the stronger dollar. As London is a major money center and that is the locus of the Olympics, many think that traders have been sufficiently distracted to create listless range trading. Nasdaq outperforming S+P as a spread is a market positive
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Week of August 06 - August 10 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 07 |
15:00 |
|
Jun |
$6.5B |
$10.0B |
$10.0B |
$16.7B |
$17.1B |
|
Aug 08 |
07:00 |
MBA Mortgage Index |
08/04 |
-1.8% |
NA |
NA |
0.2% |
|
|
Aug 08 |
08:30 |
|
Q2 |
|
1.5% |
1.5% |
-0.9% |
|
|
Aug 08 |
08:30 |
Q2 |
|
0.5% |
0.4% |
1.3% |
|
|
|
Aug 08 |
10:30 |
Crude Inventories |
08/04 |
|
NA |
NA |
-6.522M |
|
|
Aug 09 |
08:30 |
|
08/04 |
|
385K |
375k |
365K |
|
|
Aug 09 |
08:30 |
|
07/28 |
|
3300K |
3290K |
3272K |
|
|
Aug 09 |
08:30 |
|
Jun |
|
-$48.0B |
-$47.5B |
-$48.7B |
|
|
Aug 09 |
10:00 |
Jun |
|
0.6% |
0.3% |
0.3% |
|
|
|
Aug 10 |
08:30 |
|
Jul |
|
NA |
NA |
-1.4% |
|
|
Aug 10 |
08:30 |
|
Jul |
|
NA |
NA |
-0.3% |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 10 |
14:00 |
|
Jul |
|
NA |
NA |
- $129.4B |
|
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 |
PRD(U) |
1335 |
1362 |
1392.50 |
1406.00 |
1403.2 5 |
1417.50 |
|
Sept Nasdaq |
U |
2569.50 |
2620.25 |
2699.50 |
2724.50 |
2703.5 0 |
2732.00 |
|
Sept Yen
|
U |
126.14 |
126.71 |
127.10 |
127.80 |
128.13 |
128.98 |
|
Sept EC
|
U |
120.38 |
122.10 |
1232.50 |
1244.20 |
124.83 |
125.84 |
|
Sept 10 Year
|
D |
133.01 |
133.15 |
133.01 |
133.23 |
134.20 |
135.11 |
|
Sept 30 Year
|
D |
147.14 |
148.13 |
147.13 |
148.31 |
151.11 |
153.06 |
|
Nov Soybeans
|
U |
15.61 |
15.94 |
15.63 |
16.00 |
16.63 |
16.97 |
|
Sept Corn
|
D |
7.63 |
7.864 |
7.95 |
8.27 |
8.29 |
8.48 |
|
DEC Gold
|
D |
1563.0 |
1585.0 |
1608.1 |
1627.4 |
1630.3 |
1653.6 |
|
Sept Silver
|
U |
26.20 |
26.98 |
27.75 |
28.53 |
28.44 |
29.11 |
|
Sept Copper
|
U |
320 |
328 |
340 |
344 |
345 |
353 |
|
Sept Crude
|
U |
85.19 |
88.29 |
92.50 |
95.50 |
93.11 |
94.83 |
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