8.19.2014
Top Day Market News
Consumer Price Index highlights this session along with housing starts. Yesterday, the market continued its grind to higher valuations supported by the hope of rapprochement between Russian and the Ukraine. The BP was under pressure as UK inflation slowed while the dollar remains firm against most counterparts during this period. Palladium is at a 13 year high on fear of supply disruptions. Wheat is under pressure on Black Sea exports.
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Week of |
August |
18 - August 22 |
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 18 |
10:00 |
NAHB Housing Market Index |
Aug |
|
50.0 |
53.0 |
53 |
|
|
Aug 19 |
08:30 |
CPI |
Jul |
|
0.1% |
0.1% |
0.3% |
|
|
Aug 19 |
08:30 |
Core CPI |
Jul |
|
0.1% |
0.1% |
0.1% |
|
|
Aug 19 |
08:30 |
Housing Starts |
Jul |
|
925K |
964K |
893K |
|
|
Aug 19 |
08:30 |
Building Permits |
Jul |
|
975K |
1001K |
963K |
|
|
Aug 20 |
07:00 |
MBA Mortgage Index |
08/16 |
|
NA |
NA |
-2.7% |
|
|
Aug 20 |
10:30 |
Crude Inventories |
08/16 |
|
NA |
NA |
1.401M |
|
|
Aug 20 |
14:00 |
FOMC Minutes |
7/30 |
|
|
|
|
|
|
Aug 21 |
08:30 |
Initial Claims |
08/16 |
|
315K |
308K |
311K |
|
|
Aug 21 |
08:30 |
Continuing Claims |
08/09 |
|
2530K |
2530K |
2544K |
|
|
Aug 21 |
10:00 |
Existing Home Sales |
Jul |
|
4.90M |
5.00M |
5.04M |
|
|
Aug 21 |
10:00 |
Philadelphia Fed |
Aug |
|
15.0 |
15.5 |
23.9 |
|
|
Aug 21 |
10:00 |
Leading Indicators |
Jul |
|
0.6% |
0.7% |
0.3% |
|
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 |
1908 |
1936 |
1959 |
1977 |
1968 |
1983 |
|
Sept Nasdaq |
U |
3831 |
3908 |
3996 |
4036 |
4029 |
4072 |
|
Sept Yen |
D |
97.03 |
98.36 |
97.25 |
97.71 |
98.03 |
98.38 |
|
Sept EC |
D |
133.08 |
133.55 |
133.2 |
133.90 |
134.34 |
134.65 |
|
Sept 10 Year Note |
U |
124.30 |
125.25 |
126.06 |
126.26 |
127.8 |
128.28 |
|
Sept 30 Year Bond |
U |
137.08 |
139.04 |
139.24 |
141.14 |
142.09 |
143.18 |
|
Nov Soybeans |
D |
10.09 |
10.30 |
10.41 |
10.63 |
10.81 |
11.10 |
|
Dec Corn |
U |
3.49 |
3.63 |
3.64 |
6.78 |
3.85 |
3.93 |
|
Dec Gold |
PRD(D) |
1277.90 |
1291.7 |
1295.50 |
1308 |
1320.8 |
1335.50 |
|
Sept Silver |
D |
19.08 |
19.31 |
19.51 |
19.82 |
19.96 |
20.38 |
|
Sept Copper |
PRD(U) |
298 |
304.50 |
309.30 |
312.50 |
320.50 |
331.00 |
|
Sept Crude |
U |
93.70 |
95.47 |
95.76 |
97.81 |
98.79 |
100.34 |
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