9.24.12
Top Day Market News
No eco releases today.
Overnight, Germany seems to be losing patience with Spain. Does Spain need a full rescue, a partial rescue or will they apply to the ESM at all? Spain seems reluctant to agree to strict conditions that would come with a package. Because of this confusion, the EC is lower against the dollar. As for oil, recently indications from Saudi Arabia that they will overproduce have further depressed prices this morning. Gold found support at 1758.00 overnight.
Expect market conditions to tin out after 2:30 tomorrow.
|
Week of September 24 - September 28 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 25 |
09:00 |
Case-Shiller 20-city Index |
Jul |
|
1.5% |
0.8% |
0.5% |
|
|
Sep 25 |
10:00 |
|
Sep |
|
62.0 |
63.0 |
60.6 |
|
|
|
||||||||
|
Sep 25 |
10:00 |
FHFA Housing Price Index |
Jul |
|
NA |
NA |
0.7% |
|
|
Sep 26 |
07:00 |
MBA Mortgage Index |
09/22 |
|
NA |
NA |
-0.2% |
|
|
Sep 26 |
10:00 |
|
Aug |
|
390K |
380K |
372K |
|
|
Sep 26 |
10:30 |
Crude Inventories |
09/22 |
|
NA |
NA |
8.534M |
|
|
Sep 27 |
08:30 |
|
09/22 |
|
380K |
380K |
382K |
|
|
Sep 27 |
08:30 |
|
09/15 |
|
3300K |
3270K |
3272K |
|
|
Sep 27 |
08:30 |
|
Aug |
|
-6.5% |
-5.1% |
4.1% |
4.2% |
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Sep 27 |
08:30 |
Aug |
|
-0.5% |
-0.3% |
-0.6% |
-0.4% |
|
|
Sep 27 |
08:30 |
|
Q2 |
|
1.7% |
1.7% |
1.7% |
|
|
Sep 27 |
08:30 |
Q2 |
|
1.6% |
1.6% |
1.6% |
|
|
|
Sep 27 |
10:00 |
Pending Home Sales |
Aug |
|
2.0% |
1.0% |
2.4% |
|
|
Sep 28 |
08:30 |
|
Aug |
|
0.1% |
0.2% |
0.3% |
|
|
Sep 28 |
08:30 |
|
Aug |
|
0.6% |
0.5% |
0.4% |
|
|
Sep 28 |
08:30 |
|
Aug |
|
0.1% |
0.1% |
0.0% |
|
|
Sep 28 |
09:45 |
|
Sep |
|
52.0 |
52.8 |
53.0 |
|
|
Sep 28 |
09:55 |
Sep |
|
79.0 |
79.0 |
79.2 |
|
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 |
|
Dec ES |
U |
1433 |
1450 |
1447.50 |
1459.25 |
1461 |
1471 |
|
Dec Nasdaq |
PRD(D) |
2819 |
2825 |
2845 |
2878 |
2870 |
2888 |
|
Dec Yen |
U |
125.59 |
126.82 |
127.78 |
128.39 |
128.77 |
129.49 |
|
Dec EC |
U |
127.85 |
128.93 |
129.15 |
130.51 |
131.46 |
132.91 |
|
DEC Sept 10 Year |
U |
143.06 |
145.01 |
146.13 |
147.19 |
148.05 |
149.14 |
|
Dec 30 Year |
U |
143.06 |
145.01 |
146.13 |
147.19 |
148.05 |
149.14 |
|
Nov Soybeans |
D |
15.26 |
15.79 |
15.91 |
16.38 |
17.02 |
17.83 |
|
|
|
|
|
|
|
|
|
|
Dec Corn |
D |
7.14 |
7.31 |
7.39 |
7.53 |
7.73 |
7.98 |
|
DEC Gold |
U |
1735.8 |
1755.3 |
1758.1 |
1788 |
1792 |
1809 |
|
Dec Silver |
U |
33.13 |
33.83 |
33.85 |
35.14 |
35.25 |
35.96 |
|
Dec Copper |
U |
366 |
371 |
375 |
380 |
383 |
389 |
|
Oct Crude |
D |
85.72 |
89.34 |
91.85 |
93.62 |
98.19 |
103.42 |
|
|
|
|
|
|
|
|
|
