10.9.13
Top Day Market News
Overnight the Yen was weaker as the market apparently believes that Janet Yellen would be nominated as the next Fed Chairman and consequently stimulus as a policy tool would remain in place. Gold was lower on a stronger dollar. The government remains closed and along with it the metrics it announces to gauge economic strength and weakness.
The market appears to have a clear shot back down to 1625.00
|
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
Oct 08 |
08:30 |
Trade Balance |
Aug |
-$40.0B |
-$38.6B |
-$39.1B |
|
Oct 08 |
10:00 |
JOLTS - Job Openings |
Aug |
NA |
NA |
3.689M |
|
Oct 09 |
07:00 |
MBA Mortgage Index |
10/05 |
NA |
NA |
-0.4% |
|
Oct 09 |
10:00 |
Wholesale Inventories |
Aug |
0.2% |
0.3% |
0.1% |
|
Oct 09 |
10:30 |
Crude Inventories |
10/05 |
NA |
NA |
5.472M |
|
Oct 09 |
14:00 |
FOMC Minutes |
9/18 |
|
|
|
|
Oct 10 |
08:30 |
Initial Claims |
10/05 |
315K |
318K |
308K |
|
Oct 10 |
08:30 |
Continuing Claims |
9/28 |
2900K |
2903K |
2925K |
|
Oct 10 |
08:30 |
Export Prices ex- ag. |
Sep |
NA |
NA |
-0.1% |
|
Oct 10 |
08:30 |
Import Prices ex-oil |
Sep |
NA |
NA |
-0.2% |
|
Oct 10 |
10:30 |
Natural Gas Inventories |
10/05 |
NA |
NA |
101 bcf |
|
Oct 10 |
14:00 |
Treasury Budget |
Sep |
NA |
NA |
+$75.180B |
|
Oct 11 |
08:30 |
Retail Sales |
Sep |
-0.2% |
-0.1% |
0.2% |
|
Oct 11 |
08:30 |
Retail Sales ex- auto |
Sep |
0.2% |
0.2% |
0.1% |
|
Oct 11 |
08:30 |
PPI |
Sep |
0.2% |
0.2% |
0.3% |
|
Oct 11 |
08:30 |
Core PPI |
Sep |
0.1% |
0.1% |
0.0% |
|
Oct 11 |
09:55 |
Mich Sentiment |
Oct |
73.0 |
74.5 |
77.5 |
|
Oct 11 |
10:00 |
Business Inventories |
Aug |
0.2% |
0.2% |
0.4% |
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 |
D |
1650 |
1669 |
1640.50 |
1666.0 |
1695 |
1708 |
|
Dec Nasdaq |
PRD(D) |
3147 |
3190 |
3125 |
3195 |
3263 |
3293 |
|
Dec Yen |
U |
100.53 |
101.60 |
102.40 |
103.53 |
103.47 |
104.27 |
|
Dec EC |
U |
133.93 |
134.75 |
135.49 |
136.00 |
136.44 |
137.31 |
|
DEC 10 Year |
U |
125.13 |
125.25 |
126.02 |
126.15 |
126.22 |
127.07 |
|
Dec 30 Year |
U |
131.30 |
132.15 |
132.31 |
133.25 |
133.22 |
134.13 |
|
Nov Soybeans |
U |
12.38 |
12.65 |
12.79 |
13.01 |
13.20 |
13.45 |
|
Dec Corn |
U |
4.19 |
4.31 |
4.37 |
4.47 |
4.58 |
4.73 |
|
DEC Gold |
PRD(U) |
1237 |
1274 |
1308 |
1331 |
1351 |
1390 |
|
Dec Silver |
U |
20.01 |
20.87 |
21.94 |
22.06 |
22.35 |
22.97 |
|
Dec Copper |
PRD(D) |
320 |
325 |
326 |
331 |
334 |
338 |
|
Oct Crude |
D |
99.70 |
102.74 |
102.76 |
104.14 |
105.03 |
106.37 |
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