Greetings!
Started the week with relatively quiet day and neutral to bearish market action.
I think that if we don’t get above 1069 soon, the selling pressure will resume.
Daily chart with levels to watch below:
Good Trading!
Futures Trading Levels
Economic Calendar
Economic
10:00 Dec Wholesale Inventories (last 1.5%), Mexico Jan Consumer Prices
13:00 US Treasury’s $40B 3-yr note auction
16:30 API Crude Oil/Gasoline/Distillate Inventories
Events
TXT Analyst Day. ICSC/UBSW Chain Store Sales (7:45, last +0.1%). Redbook Retail Sales (8:55, last +0.8%). ABC Consumer Confidence (last -49). Trades Ex-dividend: ETR $0.75, HCP $0.465, TJX $0.12.
Earnings
Before the Open: ACM, AGCO, AGU, AHCI, ALLT, ANR, ACLI, ATRO, BIIB, BJS, CAM, CE, CNC, CHD, KO, CTSH, CVH, CYNO, ENER, IT, GET, IACI, IFF, KVHI, LCAV, MLM, TAP, NOOF, NYX, PCH, PHM, RTIX, RBCN, TIN, GTS, VSH, WMG, ZBRA. After the Close: ATAC, AGAM, AFG, ASEI, AHL, BIDU, CFN, CERN, EXBD, CXW, DIOD, DNEX, DSCM, EOG, GIL, GCOM, HNI, PODD, KFRC, LTRE, LGF, NTGR, OPEN, RNR, RUSHA, SB, TCO, UDR, ULTI, USNA, DIS, WWWW, XL.
