10.12.12
Top Day Market News
US Producer Price Index minus food and energy comes in at 2.3% versus 2.5% expected and this is mildly constructive for the debt market. The EC is higher on optimism regarding a Spanish bailout. Soybeans lower on USDA report showing greater than expected supply. Beans are headed for their fourth weekly decline. Continuing tensions along the Syrian/Turkey border underpins the oil market.
University of Michigan consumer sentiment out at 9:55. Vice Presidential debate last night has both sides claiming victory. The European Union wins the Nobel Peace Prize. The 1 million dollar award has already been spent however.
|
Week of October 08 - October 12 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Oct 10 |
07:00 |
MBA Mortgage Index |
10/06 |
|
NA |
NA |
16.6% |
|
|
Oct 10 |
10:00 |
Aug |
|
0.5% |
0.6% |
0.7% |
|
|
|
Oct 10 |
14:00 |
|
Sep |
|
NA |
NA |
- $62.8B |
|
|
Oct 10 |
14:00 |
Fed's Beige Book |
Sep |
|
|
|
|
|
|
Oct 11 |
08:30 |
|
10/06 |
|
375K |
370K |
367K |
|
|
Oct 11 |
08:30 |
|
09/29 |
|
3275K |
3275K |
3281K |
|
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
Oct 11 |
08:30 |
|
Aug |
|
-$44.6B |
-$43.8B |
- $42.0B |
|
|
Oct 11 |
08:30 |
|
Sep |
|
NA |
NA |
0.4% |
|
|
Oct 11 |
08:30 |
|
Sep |
|
NA |
NA |
-0.2% |
|
|
Oct 11 |
11:00 |
Crude Inventories |
10/06 |
|
NA |
NA |
- 0.482M |
|
|
Oct 12 |
08:30 |
|
Sep |
|
0.5% |
0.8% |
1.7% |
|
|
Oct 12 |
08:30 |
|
Sep |
|
0.1% |
0.2% |
0.2% |
|
|
Oct 12 |
09:55 |
|
Oct |
|
80.0 |
78.5 |
78.3 |
|
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 |
1411.50 |
1433.50 |
1420.00 |
1438.00 |
1471.7 5 |
1489 |
|
Dec Nasdaq |
D |
2737 |
2770 |
2701.00 |
2735 |
2839 |
2874 |
|
Dec Yen |
U |
125.77 |
126.47 |
127.22 |
128.28 |
128.28 |
129.37 |
|
Dec EC |
PRD(U) |
127.11 |
128.76 |
128.60 |
130.37 |
131.43 |
132.45 |
|
DEC10 Year |
U |
132.08 |
132.18 |
132.29 |
133.15 |
133.16 |
134.02 |
|
Dec 30 Year |
PRD(U) |
145.16 |
146.16 |
148.11 |
149.25 |
149.11 |
151.00 |
|
Nov Soybeans |
D |
14.55 |
15.03 |
14.99 |
15.70 |
15.98 |
16.47 |
|
Dec Corn |
D |
7.315 |
1.442 |
7.46 |
7.88 |
7.62 |
7.76 |
|
DEC Gold |
D |
1749 |
1773 |
1761.6 |
1778 |
1798 |
1814 |
|
Dec Silver |
PRD(U) |
33.49 |
34.03 |
33.80 |
34.36 |
35.25 |
35.96 |
|
Dec Copper |
D |
366 |
373 |
365 |
378 |
381 |
387 |
|
Nov Crude |
D |
84.68 |
87.330 |
91.12 |
92.97 |
92.93 |
95.94 |
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