ES Emini Trading: Pivot-Fed Announcements-Commentary

By , 30 December, 2009, No Comment
Daily Pivots for day following 29-Dec-2009
Classic Woodie Camarilla DeMark
R4 1147.58 1142.67 1126.15
R3 1139.58 1134.67 1123.95
R2 1131.58 1131.58 1123.22
R1 1126.67 1126.67 1122.48 1125.13
PP 1123.58 1123.58 1123.58 1122.81
S1 1118.67 1118.67 1121.02 1117.13
S2 1115.58 1115.58 1120.28
S3 1107.58 1110.67 1119.55
S4 1099.58 1102.67 1117.35

Fed and Fed Agency Announcements

Chicago PMI
[Report][djStar]
9:45 AM ET

Farm Prices
[Bullet
3:00 PM ET

Consensus Analysis

Chicago PMI

Released on 12/30/2009 9:45:00 AM For Dec, 2008
Prior Consensus Consensus Range
Business Barometer Index – Level 56.1 54.9 52.8  to 57.0

Market Consensus Before Announcement
The Chicago PMI rose nearly 2 points in November to 56.1 to indicate a month-to-month increase in the pace of overall business activity in the area. New orders rose 1.4 points to a very strong 62.8, a plus-60 level that, because of its strength, will be hard to match in the coming months. Prices paid showed a mild month-to-month increase at 52.6.

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