8.30.12
Top Day Market News
Initial claims come in at 374K, a bit higher than expected while personal income came in as expected and spending was a bit soft. Again, everyone, especially in this world of light volume, is looking towards the Fed Chairman’s speech in Jackson Hole for direction. At the same time, given that this is happening on a Friday ahead of a holiday, the effect will be well digested and ultimately discounted by the time Tuesday rolls around.
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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% |
|
|
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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 |
|
|
|
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Aug 30 |
08:30 |
|
08/25 |
|
370K |
370K |
372K |
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Aug 30 |
08:30 |
|
08/18 |
|
3300K |
3300K |
3317K |
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Aug 30 |
08:30 |
|
Jul |
|
0.2% |
0.3% |
0.5% |
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|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Aug 30 |
08:30 |
|
Jul |
|
0.5% |
0.5% |
0.0% |
|
|
Aug 30 |
08:30 |
|
Jul |
|
0.1% |
0.1% |
0.2% |
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Aug 31 |
09:45 |
|
Aug |
|
53.0 |
53.8 |
53.7 |
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Aug 31 |
09:55 |
Aug |
|
74.0 |
73.6 |
73.6 |
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|
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Aug 31 |
10:00 |
|
Jul |
|
2.1% |
2.0% |
-0.5% |
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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 |
D |
1380.00 |
1395.00 |
1400.50 |
1411.50 |
1424.0 0 |
1439.00 |
|
Sept Nasdaq |
D |
2724 |
2749.50 |
2761.75 |
2790.75 |
2801.5 0 |
2828.00 |
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Sept Yen
|
U |
124.58 |
125.82 |
126.87 |
127.65 |
128.04 |
129.02 |
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Sept EC
|
U |
121.75 |
123.48 |
125.08 |
125.97 |
126.43 |
127.65 |
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Sept 10 Year
|
U |
131.14 |
132.16 |
132.21 |
134.07 |
134.09 |
135.00 |
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Sept 30 Year
|
U |
143.16 |
145.30 |
148.17 |
149.26 |
149.31 |
151.18 |
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Nov Soybeans
|
U |
16.02 |
16.66 |
17.28 |
17.65 |
17.70 |
18.09 |
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Dec Corn
|
D |
7.76 |
7.89 |
7.99 |
8.20 |
8.24 |
8.46 |
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DEC Gold
|
U |
1588.5 |
1630.9 |
1654.1 |
1672.2 |
1696.6 |
1719.9 |
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Sept Silver
|
U |
26.81 |
28.80 |
30.59 |
31.00 |
31.71 |
32.71 |
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Sept Copper
|
D |
329 |
338 |
342 |
348 |
354 |
360 |
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Oct Crude
|
U |
93.60 |
94.86 |
94.71 |
96.32 |
97.83 |
99.54 |
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