Home - Frank Lesh Blog

3/9/2010

There are no economic releases for today. The Treasury will auction 40B in 3 yr. notes with results at 12:00.

Market	ESH	GCJ	CLJ	CK	TYM
9-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1140.50	1138.00	8241	37850	117 1/32
Low	1135.00	1118.50	8075	37275	116 23/32
Close	1137.00	1124.00	8187	37500	116 29/32

Resist	1149.4	1169.6	8510	38780	117 17/32
Resist	1146.0	1157.5	8407	38425	117 11/32
Resist	1143.9	1150.1	8344	38205	117 7/32
Resist**	1143.0	1146.3	8334	38117	117 6/32
Resist	1140.0	1135.2	8260	37808	117 2/32
Pivot	1137.5	1126.8	8168	37542	116 28/32
Mid Point*	-1137.8	-1128.3	-8158	-37563	-116 28/32
Support	1134.5	1115.7	8094	37233	116 24/32
Support**	1132.0	1107.3	8002	36967	116 18/32
Support	1131.6	1106.4	7972	36920	116 17/32
Support	1129.5	1099.0	7909	36700	116 13/32
Support	1126.1	1086.9	7806	36345	116 7/32

Posted at 5:14 AM by U15257514\flesh | Permalink | Email this Post | Comments (0)

3/8/2010

Good morning for 3-8

There are no economic releases for today. The USDA releases export inspections at 10:00. CME currencies roll from March to June today. Stock indexes roll from March to June on Thursday.

Market	ESH	GCJ	CLJ	CK	TYM
8-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1138.75	1141.20	8207	38800	117 20/32
Low	1121.50	1127.50	8047	37500	116 25/32
Close	1136.50	1135.20	8150	37550	117 1/32

Resist	1166.7	1163.4	8466	40903	119
Resist	1156.0	1154.9	8367	40100	118 15/32
Resist	1149.4	1149.7	8306	39603	118 5/32
Resist**	1149.5	1148.3	8295	39250	118
Resist	1143.0	1141.8	8222	38400	117 16/32
Pivot	1132.3	1134.6	8135	37950	117 5/32
Mid Point*	-1130.1	-1134.4	-8127	-38150	-117 7/32
Support	1125.8	1128.1	8062	37100	116 21/32
Support**	1115.0	1120.9	7975	36650	116 10/32
Support	1110.8	1119.0	7948	36697	116 8/32
Support	1104.3	1113.8	7887	36200	115 30/32
Support	1093.6	1105.3	7788	35397	115 13/32

Market	ESH	GCJ	CLJ	CK	TYM
8-Mar	mini sp	gold	crude	corn	ten yr
Weekly
High	1138.75	1145.80	8207	39200	117 22/32
Low	1104.25	1112.10	7806	37500	116 25/32
Close	1136.50	1135.20	8150	37550	117 1/32

Resist	1194.6	1200.3	8856	41951	119 5/32
Resist	1173.3	1179.5	8608	40900	118 19/32
Resist	1160.1	1166.6	8455	40251	118 8/32
Resist**	1161.0	1164.7	8455	39783	118 2/32
Resist	1148.8	1150.0	8303	38667	117 18/32
Pivot	1126.5	1131.0	8054	38083	117 5/32
Mid Point*	-1121.5	-1129.0	-8007	-38350	-117 8/32
Support	1114.3	1116.3	7902	36967	116 21/32
Support**	1092.0	1097.3	7653	36383	116 8/32
Support	1082.9	1091.3	7558	36449	116 7/32
Support	1069.8	1078.4	7405	35800	115 28/32
Support	1048.4	1057.6	7157	34749	115 10/32

Posted at 5:09 AM by U15257514\flesh | Permalink | Email this Post | Comments (0)

3/4/2010

Good morning for 3-5

Today's data at 7:30 will be the Feb. Employment Report, rate expected +.1 to 9.8, non-farm payrolls expected -50K, and at 2:00 will be Jan. Consumer Credit, expected -4.50B.

Market	ESH	GCJ	CLJ	CK	TYM
5-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1123.50	1142.30	8109	38600	117 22/32
Low	1114.00	1125.90	7970	38025	117 5/32
Close	1122.25	1133.10	8021	38300	117 16/32

Resist	1138.9	1168.8	8334	39530	118 18/32
Resist	1133.0	1158.7	8248	39175	118 7/32
Resist	1129.4	1152.4	8195	38955	118 1/32
Resist**	1129.4	1150.2	8172	38883	117 31/32
Resist	1125.8	1141.6	8097	38592	117 24/32
Pivot	1119.9	1133.8	8033	38308	117 14/32
Mid Point*	-1118.8	-1134.1	-8040	-38313	-117 14/32
Support	1116.3	1125.2	7958	38017	117 7/32
Support**	1110.4	1117.4	7894	37733	116 29/32
Support	1108.1	1115.8	7884	37670	116 26/32
Support	1104.5	1109.5	7831	37450	116 20/32
Support	1098.6	1099.4	7745	37095	116 9/32

Posted at 1:55 PM by U15257514\flesh | Permalink | Email this Post | Comments (0)

Good morning for 3-4

Today's data at 7:30 will be weekly Jobless Claims, expected -27K to 469K, Continuing Claims, expected at 4.60M from 4.617M, Revised Q4 Productivity, expected unchanged at +6.2%, Unit Labor Costs, expected unchanged at -4.4%, at 9:00 will be Jan. Factory Orders, expected +1.7%, and Jan. Pending Home Sales, expected +1.0%.

Market	ESH	GCJ	CLJ	CK	TYM
4-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1125.00	1145.80	8123	38900	117 15/32
Low	1115.00	1132.80	7944	38075	117 3/32
Close	1118.50	1143.30	8087	38675	117 13/32

Resist	1141.2	1166.8	8413	40235	118 2/32
Resist	1135.0	1158.8	8302	39725	117 27/32
Resist	1131.2	1153.8	8234	39410	117 22/32
Resist**	1129.5	1153.6	8230	39375	117 22/32
Resist	1124.0	1148.5	8159	39025	117 18/32
Pivot	1119.5	1140.6	8051	38550	117 10/32
Mid Point*	-1120.0	-1139.3	-8034	-38488	-117 9/32
Support	1114.0	1135.5	7980	38200	117 6/32
Support**	1109.5	1127.6	7872	37725	116 30/32
Support	1108.8	1124.8	7833	37565	116 28/32
Support	1105.0	1119.8	7765	37250	116 23/32
Support	1098.8	1111.8	7654	36740	116 16/32

Posted at 5:07 AM by U15257514\flesh | Permalink | Email this Post | Comments (0)

3/2/2010

Good morning for 3-3

Today's data at 7:15 will be the Feb. ADP Employment Estimate, non-farm payrolls expected -20K, at 9:00 will be the Feb. Non-Mfg. ISM, expected at 51.0 from 50.5, at 9:30 will be the weekly energy stocks from the EIA, crude expected +.13M, distillates expected -600K, gasoline expected +500K, and at 1:00 will be the Fed Beige Book.

Market	ESH	GCJ	CLJ	CK	TYM
3-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1122.75	1138.30	8095	38450	117 15/32
Low	1112.75	1115.00	7826	37600	117 1/32
Close	1117.50	1137.40	7968	38150	117 13/32

Resist	1138.9	1176.0	8530	39825	118 6/32
Resist	1132.8	1161.6	8364	39300	117 29/32
Resist	1128.9	1152.7	8261	38975	117 24/32
Resist**	1127.7	1153.5	8232	38917	117 24/32
Resist	1122.6	1145.5	8100	38533	117 18/32
Pivot	1117.7	1130.2	7963	38067	117 10/32
Mid Point*	-1117.8	-1126.7	-7961	-38025	-117 8/32
Support	1112.6	1122.2	7831	37683	117 4/32
Support**	1107.7	1106.9	7694	37217	116 28/32
Support	1106.6	1100.6	7660	37075	116 24/32
Support	1102.8	1091.7	7557	36750	116 19/32
Support	1096.6	1077.3	7391	36225	116 10/32

Posted at 1:15 PM by U15257514\flesh | Permalink | Email this Post | Comments (0)

Good morning for 3-2

Today's data at no set time will be Feb. domestic car and truck sales and total vehicle sales.

Market	ESH	GCJ	CLJ	CK	TYM
2-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1115.50	1123.90	8062	39200	117 16/32
Low	1104.25	1112.10	7806	38025	117 5/32
Close	1114.50	1118.30	7870	38175	117 12/32

Resist	1133.7	1143.0	8476	41101	118 2/32
Resist	1126.8	1135.7	8318	40375	117 27/32
Resist	1122.5	1131.2	8220	39926	117 23/32
Resist**	1122.7	1129.9	8169	39642	117 22/32
Resist	1118.6	1124.1	8019	38908	117 17/32
Pivot	1111.4	1118.1	7913	38467	117 11/32
Mid Point*	-1109.9	-1118.0	-7934	-38613	-117 11/32
Support	1107.3	1112.3	7763	37733	117 6/32
Support**	1100.2	1106.3	7657	37292	117
Support	1097.3	1104.8	7648	37299	116 30/32
Support	1093.0	1100.3	7550	36850	116 26/32
Support	1086.0	1093.0	7392	36124	116 19/32

Posted at 4:57 AM by U15257514\flesh | Permalink | Email this Post | Comments (0)

3/1/2010

Good morning for 3-1

Today's data at 7:30 will be Jan. Personal Income, expected +.4%, Personal Consumption, expected +.4%, at 9:00 will be the Feb. ISM, expected at 57.5 from 58.4, and Jan. Construction Spending, expected -.7%. The USDA will release export inspections at 10:00.

Market	ESH	GCJ	CLJ	CK	TYM
1-Mar	mini sp	gold	crude	corn	ten yr
Daily
High	1107.75	1119.50	8005	39100	117 17/32
Low	1096.25	1104.60	7782	38300	117 2/32
Close	1103.50	1118.90	7966	38900	117 15/32

Resist	1126.4	1143.6	8366	40394	118 9/32
Resist	1119.3	1134.4	8228	39900	118
Resist	1114.9	1128.7	8143	39594	117 26/32
Resist**	1114.0	1129.2	8141	39567	117 26/32
Resist	1108.8	1124.1	8053	39233	117 21/32
Pivot	1102.5	1114.3	7918	38767	117 11/32
Mid Point*	-1102.0	-1112.1	-7894	-38700	-117 10/32
Support	1097.3	1109.2	7830	38433	117 6/32
Support**	1091.0	1099.4	7695	37967	116 28/32
Support	1089.1	1095.4	7644	37806	116 25/32
Support	1084.8	1089.7	7559	37500	116 19/32
Support	1077.6	1080.5	7421	37006	116 10/32

Market	ESH	GCJ	CLJ	CK	TYM
1-Mar	mini sp	gold	crude	corn	ten yr
Weekly
High	1112.75	1131.50	8078	39100	117 17/32
Low	1084.50	1088.50	7705	37125	115 19/32
Close	1103.50	1118.90	7966	38900	117 15/32

Resist	1158.5	1201.1	8682	42296	120 21/32
Resist	1141.0	1174.5	8451	41075	119 15/32
Resist	1130.2	1158.1	8309	40321	118 23/32
Resist**	1128.5	1156.0	8289	40350	118 26/32
Resist	1116.0	1137.4	8128	39625	118 4/32
Pivot	1100.3	1113.0	7916	38375	116 28/32
Mid Point*	-1098.6	-1110.0	-7892	-38113	-116 18/32
Support	1087.8	1094.4	7755	37650	116 6/32
Support**	1072.0	1070.0	7543	36400	114 30/32
Support	1067.0	1061.9	7474	35904	114 13/32
Support	1056.3	1045.5	7332	35150	113 21/32
Support	1038.8	1018.9	7101	33929	112 15/32

Posted at 5:08 AM by U15257514\flesh | Permalink | Email this Post | Comments (0)

2/25/2010

Good morning for 2-26

Today's data at 7:30 will be the second look at Q4 GDP, GDP expected at 5.6% from 5.7%, Implicit Deflator unchanged at +.6%, Core PCE Prices unchanged at +1.4%, PCE Price Index unchanged at +2.7%, Final Sales expected +2.0% from +2.2%, the Feb. NY ISM, last at 403.9, at 8:45 will be the Feb. Chicago PMI, expected at 60.0 from 61.5, at 8:55 will be the Reuters/UMich. Consumer Sentiment, expected at 74.0 from 74.4, and at 9:00 will be Jan. Existing Home Sales, expected at 5.50M from 5.45M. Today is rollover for March bonds, notes, corn, soybeans, wheat, copper and silver. June becomes lead contract for notes and bonds, May becomes lead contract for corn, soybeans, wheat, copper and silver.

Market	ESH	GCJ	CLJ	CK	TYM
26-Feb	mini sp	gold	crude	corn	ten yr
Daily
High	1103.50	1110.00	8032	37500	117 9/32
Low	1084.50	1088.50	7705	36925	116 20/32
Close	1102.25	1108.50	7817	37225	117 4/32

Resist	1134.2	1144.8	8561	38430	118 11/32
Resist	1122.5	1131.5	8359	38075	117 30/32
Resist	1115.2	1123.3	8234	37855	117 22/32
Resist**	1115.8	1123.8	8178	37792	117 21/32
Resist	1109.0	1116.2	7998	37508	117 13/32
Pivot	1096.8	1102.3	7851	37217	117
Mid Point*	-1094.0	-1099.3	-7869	-37213	-116 31/32
Support	1090.0	1094.7	7671	36933	116 24/32
Support**	1077.8	1080.8	7524	36642	116 11/32
Support	1072.8	1075.2	7503	36570	116 7/32
Support	1065.5	1067.0	7378	36350	115 31/32
Support	1053.8	1053.7	7176	35995	115 18/32

Posted at 12:43 PM by U15257514\flesh | Permalink | Email this Post | Comments (0)

2/24/2010

Good morning for 2-25

Today's data at 7:30 will be weekly Jobless Claims, expected at 455K from 473K, Jan. Durable Goods, expected +1.4%, ex-autos, expected +.9%, at 9;00 will be Dec. FHFA Home Prices, last at +.7%, and at 10:00 will be the Feb. Richmond Fed Mfg. Survey, last at 13. The Treasury will auction 32B in 7 yr. notes with results at 12:00.

Market	ESH	GCJ	CLJ	CH	TYH
25-Feb	mini sp	gold	crude	corn	ten yr
Daily
High	1105.50	1108.80	8013	37600	118 11/32
Low	1092.50	1090.20	7825	36750	117 27/32
Close	1103.50	1097.20	8000	37525	118 2/32

Resist	1126.5	1138.9	8317	38975	119 5/32
Resist	1118.5	1127.4	8201	38450	118 27/32
Resist	1113.5	1120.3	8129	38125	118 21/32
Resist**	1113.5	1117.3	8134	38142	118 19/32
Resist	1108.5	1107.3	8067	37833	118 10/32
Pivot	1100.5	1098.7	7946	37292	118 3/32
Mid Point*	-1099.0	-1099.5	-7919	-37175	-118 3/32
Support	1095.5	1088.7	7879	36983	117 26/32
Support**	1087.5	1080.1	7758	36442	117 19/32
Support	1084.5	1078.7	7709	36225	117 17/32
Support	1079.5	1071.6	7637	35900	117 11/32
Support	1071.5	1060.1	7521	35375	117 1/32

Posted at 1:30 PM by U15257514\flesh | Permalink | Email this Post | Comments (0)

2/23/2010

Good morning for 2-24

Today's data at 9:00 will be Jan. New Home Sales, expected at 360K from 342K, and at 9:30 will be the weekly energy stocks from the EIA, crude expected +1.9M, distillates expected -1.9M, gasoline expected +500K. The Treasury will auction 42B in 5 yr. notes with results at 12:00. Fed Chairman Bernanke will testify before the House tomorrow and the Senate on Thurs.

Market	ESH	GCJ	CLJ	CH	TYH
24-Feb	mini sp	gold	crude	corn	ten yr
Daily
High	1112.75	1121.70	8039	37300	118 5/32
Low	1090.25	1099.60	7822	36725	117 4/32
Close	1097.25	1103.20	7886	36775	118 1/32

Resist	1149.2	1157.5	8390	38230	119 26/32
Resist	1135.3	1143.8	8256	37875	119 6/32
Resist	1126.7	1135.4	8173	37655	118 25/32
Resist**	1122.6	1130.3	8133	37508	118 26/32
Resist	1109.9	1116.7	8009	37142	118 13/32
Pivot	1100.1	1108.2	7916	36933	117 25/32
Mid Point*	-1101.5	-1110.7	-7931	-37013	-117 21/32
Support	1087.4	1094.6	7792	36567	117 12/32
Support**	1077.6	1086.1	7699	36358	116 24/32
Support	1076.3	1085.9	7688	36370	116 16/32
Support	1067.8	1077.5	7605	36150	116 3/32
Support	1053.8	1063.8	7471	35795	115 15/32

Posted at 1:48 PM by U15257514\flesh | Permalink | Email this Post | Comments (0)

Frank Lesh Blog