11.25.13
Top Day Recommendations
Just pending home sales on this Monday on this holiday shortened week. Some risk is off the board this morning with the apparent agreement between Iran and the West regarding their nuclear program. Crude is lower by 1.48 and metals mirror this inflection. Stocks grind higher and the dollar is stronger. Eco figures are bunched for release on Wednesday.
|
|
Week of November 25 - November 29 |
||||||
|
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
|
Nov 25 |
10:00 |
Pending Home Sales |
Oct |
1.0% |
1.3% |
-5.6% |
|
|
Nov 26 |
08:30 |
Housing Starts |
Sep |
900K |
915K |
891K |
|
|
Nov 26 |
08:30 |
Housing Starts |
Oct |
915K |
920K |
NA |
|
|
Nov 26 |
08:30 |
Building Permits |
Sep |
930K |
932K |
918K |
|
|
Nov 26 |
08:30 |
Building Permits |
Oct |
930K |
932K |
NA |
|
|
Nov 26 |
09:00 |
Case-Shiller 20-city |
Sep |
13.0% |
13.0% |
12.8% |
|
|
Nov 26 |
09:00 |
FHFA Housing Price |
Sep |
NA |
NA |
0.3% |
|
|
Nov 26 |
10:00 |
ConsumerConfidence |
Nov |
74.0 |
72.4 |
71.2 |
|
|
Nov 27 |
07:00 |
MBA Mortgage Index |
11/23 |
NA |
NA |
-2.3% |
|
|
Nov 27 |
08:30 |
Initial Claims |
11/23 |
335K |
330K |
323K |
|
|
Nov 27 |
08:30 |
Continuing Claims |
11/16 |
2875K |
2875K |
2876K |
|
|
Nov 27 |
08:30 |
Durable Orders |
Oct |
-3.0% |
-2.2% |
3.8% |
|
|
Nov 27 |
08:30 |
Durable Goods ex |
Oct |
0.3% |
0.2% |
-0.2% |
|
|
Date |
ET |
Release |
For |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
|
Nov 27 |
09:45 |
Chicago PMI |
Nov |
58.0 |
58.0 |
65.9 |
|
Nov 27 |
09:55 |
Michigan Sentiment - Final |
Nov |
73.5 |
73.0 |
72.0 |
|
Nov 27 |
10:00 |
Leading Indicators |
Oct |
-0.1% |
-0.1% |
0.7% |
|
Nov 27 |
10:30 |
Crude Inventories |
11/23 |
NA |
NA |
0.375M |
|
Nov 27 |
10:30 |
Natural Gas Invent |
11/23 |
NA |
NA |
-45 bcf |
MARKET PLACE
Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biase
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 |
PRD(U) |
1764 |
1782 |
1794 |
1810 |
1805 |
1821 |
|
Dec Nasdaq |
PRD(U) |
3334 |
3371 |
3405 |
3436 |
3445 |
3469 |
|
Dec Yen |
D |
97.49 |
98.10 |
98.41 |
98.96 |
99.88 |
101.05 |
|
Dec EC |
U |
133.29 |
134.40 |
134.29 |
135.86 |
136.22 |
136.93 |
|
DEC 10 Year |
PRD(U) |
125.09 |
125.29 |
126.04 |
126.23 |
127.06 |
127.26 |
|
Dec 30 Year |
U |
129.00 |
130.15 |
131.11 |
132.09 |
133.11 |
134.24 |
|
Jan Soybean |
U |
12.49 |
12.84 |
12.99 |
13.30 |
13.38 |
13.57 |
|
Mar Corn |
PRD(U) |
4.03 |
4.13 |
4.26 |
4.32 |
4.29 |
4.35 |
|
DEC Gold |
PRD(U) |
1207.50 |
1232.2 |
1236 |
1248 |
1276.1 |
1309 |
|
Dec Silver |
D |
19.01 |
19.62 |
19.37 |
20.01 |
20.50 |
21.20 |
|
Dec Copper |
U |
309 |
315 |
319 |
322 |
325 |
328 |
|
Jan Crude |
D |
92.11 |
93.15 |
93.31 |
95.52 |
95.82 |
96.23 |
|
|
|
|
|
|
|
|
|