8.28.12
Top Day Market News
Just consumer confidence at 10. Overnight, Hurricane Isaac intensifies. The EC is better as Spain sells more bonds than targeted. Crude is higher on the hurricane premium. Stocks are listless as Japan lowers growth expectations and Europe snaps a mini rally. Gold is off on profit taking; breaks will find buyers. Mario Draghi will not be at Jackson Hole.
Week of August 27 - August 31 |
||||||||
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
Aug 28 |
09:00 |
Case-Shiller 20-city Index |
Jun |
|
-0.3% |
-0.3% |
-0.7% |
|
Aug 28 |
10:00 |
Aug |
|
66.5 |
65.5 |
65.9 |
|
|
Aug 29 |
07:00 |
MBA Mortgage Index |
08/25 |
|
NA |
NA |
-7.4% |
|
Aug 29 |
08:30 |
Q2 |
|
1.6% |
1.6% |
1.5% |
|
|
Aug 29 |
08:30 |
Q2 |
|
1.6% |
1.6% |
1.6% |
|
|
Aug 29 |
10:00 |
Pending Home Sales |
Jul |
|
0.0% |
0.0% |
-1.4% |
|
Aug 29 |
10:30 |
Crude Inventories |
08/25 |
|
NA |
NA |
- 5.412M |
|
Aug 29 |
14:00 |
Fed's Beige Book |
Aug |
|
|
|
|
|
Aug 30 |
08:30 |
|
08/25 |
|
370K |
370K |
372K |
|
Aug 30 |
08:30 |
|
08/18 |
|
3300K |
3300K |
3317K |
|
Aug 30 |
08:30 |
|
Jul |
|
0.2% |
0.3% |
0.5% |
|
Aug 30 |
08:30 |
|
Jul |
|
0.5% |
0.5% |
0.0% |
|
Aug 30 |
08:30 |
|
Jul |
|
0.1% |
0.1% |
0.2% |
|
Aug |
09:45 |
Aug |
|
53.0 |
53.8 |
53.7 |
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
31 |
|
|
|
|
|
|
|
|
Aug 31 |
09:55 |
Aug |
|
74.0 |
73.6 |
73.6 |
|
|
Aug 31 |
10:00 |
|
Jul |
|
2.1% |
2.0% |
-0.5% |
|
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 |
D |
1380.00 |
1395.00 |
1401 |
1413 |
1424.0 0 |
1439.00 |
Sept Nasdaq |
U |
2724 |
2749.50 |
2767 |
2793.50 |
2801.5 0 |
2828.00 |
Sept Yen
|
PRD(D) |
124.58 |
125.82 |
126.81 |
127.35 |
128.04 |
129.02 |
Sept EC
|
PRD(D) |
121.75 |
123.48 |
124.85 |
125.59 |
126.43 |
127.65 |
Sept 10 Year
|
U |
131.14 |
132.16 |
133.17 |
134.4 |
134.09 |
135.00 |
Sept 30 Year
|
U |
143.16 |
145.30 |
148.10 |
149.20 |
149.31 |
151.18 |
Nov Soybeans
|
U |
16.02 |
16.66 |
16.84 |
17.48 |
17.70 |
18.09 |
Sept Corn
|
D |
7.76 |
7.89 |
7.82 |
8.05 |
8.24 |
8.46 |
DEC Gold
|
U |
1588.5 |
1630.9 |
1659.60 |
1681.40 |
1696.6 |
1719.9 |
Sept Silver
|
U |
26.81 |
28.80 |
30.30 |
31.32 |
31.71 |
32.71 |
Sept Copper |
U |
329 |
338 |
343 |
350 |
354 |
360 |
Copper |
|
|
|
|
|
|
|
Oct Crude |
U |
93.60 |
94.86 |
94.01 |
97.32 |
97.83 |
99.54 |
|
|
|
|
|
|
|
|