Category Archives: Blog

Classical Tuesday

 30 min atr
 daiy pivots
 weekly pivots
 upside retracements
 downside retracements
 regression channels
price support and resistance
On the economic calendar:-
07:45 ICSC-Goldman Store Sales
08:55 Redbook
09:00 FHFA House Price Index (Consensus 0.4% v Prior 0.4%)
09:45 PMI Manufacturing Index Flash (Consensus 58.1 v Prior 58.0)
10:00 Richmond Fed Manufacturing Index (Consensus 12 v Prior 12)
11:30 4 Week Bill Auction
13:00 2 Year Note Auction
POMO:-
10:15 – 11:00 Outright Treasury Coupon Purchases between $1.60 – $1.90 billion
Speaking today:-
08:20 Jerome Powell
08:30 Esther George
09:00 James Bullard
14:00 Naryana Kocherlakota
21:15 Esther George

Classical Monday

 30 minute atr
 daily pivots
 weekly pivots
 upside retracements
 downside retracements
 regression channels
price support and resistance
On the economic calendar:-
08:30 Chicago Fed National Activity Index (Consensus 0.35 v Prior 0.39)
10:00 Existing Home Sales (Consensus 5.18 M v Prior 5.15 M)
11:00 4 Week Bill Announcement
11:30 3 Month Bill Auction
          6 Month Bill Auction
POMO:-
None today
Speaking today:-
10:05 William Dudley
19:30 Naryana Kocherlakota

Hooper Update

The SP daily pattern hit the upside at 2003.75. The weekly (coming off the last down pattern week) has an upside target of 2008.75

The 5 yr Note had a black diamond (upside and downside pattern in same session) yesterday on the Fed….avoid it.

EDM6 and EDM17 trade poorly reflecting 1.63 and 2.63 respectively. Dots way higher.

Classical Thursday

 30 minute atr
 daily pivots
 weekly pivots
 upside retracements
 downside retracements
 regression channels
price support and resistance
On the economic calendar:-
08:30 Housing Starts (Consensus 1.038 M v Prior 1.093 M)
          Jobless Claims (Consensus 305 K v Prior 315 K)
09:45 Bloomber Consumer Comfort Index
10:00 Philadelphia Fed Survey (Consensus 23.0 v Prior 28.0)
10:30 EIA Natural Gas Report
11:00 3 Month Bill Announcement
          6 Month Bill Announcement
          2 Year FRN Announcement
          2 Year Note Announcement
          5 Year Note Announcement
          7 Year Note Announcement
13:00 10 Year TIPS Auction
16:30 Fed Balance Sheet
          Money Supply
POMO:-
10:15 – 11:00 Outright Treasury Coupon Purchases between $0.25 – $0.35 billion
Speaking today:-
08:45 Janet Yellen