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Futurepath Trading > Frank Lesh Blog
Frankl Lesh's Blog
Good morning for 8-19-08
Today's data at 7:30 will be July PPI, expected +.6%, core rate expected +.2%, July Housing Starts, expected at 960K from 1.066M, Building Permits, expected at 970K from 1.138m.
 
The night ranges for:
TYU=11620.5 to 11611.5 with 11618.5 last, +6.0
ESU=128300 to 127325 with 127350 last, -850
CLV=11348 to 11166 with 11241 last, -.48
CZ=571.4 to 561.0 with 563.4 last, -9.2
 
 
Numbers for 8-19-08
  19-Aug   daily    
Market ESU YMU NQU TYU USU
           
High 1306.00 11713 197600 116 15/32 118  2/32
Low 1274.00 11426 192375 116      117 12/32
Close 1282.00 11499 194350 116 12/32 117 29/32
           
Resist 1357.8 12177 206054 117  7/32 119  6/32
Resist 1338.0 12000 202825 116 30/32 118 24/32
Resist 1325.8 11890 200829 116 24/32 118 16/32
Resist** 1319.3 11833 200000 116 24/32 118 15/32
Resist 1300.7 11666 197175 116 18/32 118  6/32
Pivot 1287.3 11546 194775 116  9/32 117 25/32
Mid Point* -1290.0 -11570 -194988 -116  8/32 -117 23/32
Support 1268.7 11379 191950 116  3/32 117 16/32
Support** 1255.3 11259 189550 115 26/32 117  3/32
Support 1254.2 11249 189146 115 23/32 116 30/32
Support 1242.0 11139 187150 115 17/32 116 22/32
Support 1222.2 10962 183921 115  8/32 116  8/32
 
  19-Aug   daily    
Market GCZ CLV CZ SX WZ
           
High 809.90 11549 57900 128900 89975
Low 795.10 11203 55500 122650 85000
Close 805.70 11289 57275 128900 88475
           
Resist 833.8 12109 61783 139013 98025
Resist 824.7 11895 60300 135150 94950
Resist 819.0 11763 59383 132763 93050
Resist** 818.4 11693 59292 133067 92792
Resist 812.0 11491 58283 130983 90633
Pivot 803.6 11347 56892 126817 87817
Mid Point* -802.5 -11376 -56700 -125775 -87488
Support 797.2 11145 55883 124733 85658
Support** 788.8 11001 54492 120567 82842
Support 786.0 10989 54017 118788 81925
Support 780.3 10857 53100 116400 80025
Support 771.2 10643 51617 112538 76950
Good morning for 8-18-08
Today's data at 1:00 will be the NAHB Housing Market Index, last at 16.  The USDA will release export inspections at 10:00 and crop progress at 3:00.
 
The night ranges for:
TYU=11610.5 to 11603 with 11606.5 last, +3.5
ESU=130600 to 129400 with 130300 last, +325
CLV=11549 to 11332 with 11387 last, -.07
CZ=567.4 to 555.0 with 561.2 last, +11.6
 
  18-Aug   daily    
Market ESU YMU NQU TYU USU
           
High 1302.50 11707 197725 116 14/32 117 21/32
Low 1290.50 11595 195250 115 21/32 116 20/32
Close 1299.75 11663 196550 116  3/32 117 15/32
           
Resist 1321.9 11888 201730 117 22/32 119 10/32
Resist 1314.5 11819 200200 117  7/32 118 22/32
Resist 1309.9 11776 199255 116 29/32 118  9/32
Resist** 1309.6 11767 198983 116 27/32 118  9/32
Resist 1304.7 11715 197767 116 15/32 117 28/32
Pivot 1297.6 11655 196508 116  2/32 117  8/32
Mid Point* -1296.5 -11651 -196488 -116  2/32 -117  5/32
Support 1292.7 11603 195292 115 22/32 116 27/32
Support** 1285.6 11543 194033 115  9/32 116  7/32
Support 1283.1 11526 193720 115  6/32 116     
Support 1278.5 11483 192775 114 28/32 115 19/32
Support 1271.1 11414 191245 114 13/32 114 31/32
 
 
Note the change to October crude and December wheat.
 
  18-Aug   daily    
Market GCZ CLV CZ SX WZ
           
High 812.60 11520 57625 127825 88850
Low 777.70 11150 54725 120400 84000
Close 792.10 11394 54950 121900 84925
           
Resist 869.1 12119 62317 139839 96697
Resist 847.5 11890 60525 135250 93700
Resist 834.2 11749 59417 132414 91847
Resist** 829.0 11725 58667 130800 90775
Resist 810.6 11559 56808 126350 87850
Pivot 794.1 11355 55767 123375 85925
Mid Point* -795.2 -11335 -56175 -124113 -86425
Support 775.7 11189 53908 118925 83000
Support** 759.2 10985 52867 115950 81075
Support 756.1 10921 52933 115811 81003
Support 742.8 10780 51825 112975 79150
Support 721.2 10551 50033 108386 76153
 
 
  18-Aug   weekly