Economic Calendar & Watch List 9/30/2016

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Friday, September 30, 2016

 

Economic Calendar & Watch Lists

 

Morning Notes

US Futures are relatively flat this morning while European markets are trading lower by over -1.5% on concerns of the European banking conditions led by the recent headlines on Deutsche Bank. Asian stocks closed mostly lower.

 

Technicals

spy930

The SPY rejected the short term ascending support in yesterday’s session and sold off into the close. Support will lie at the short term ascending support at $214.30, followed by the low of yesterday’s range at $214.04, then $213.62, $213.44, $213.38, $213.03, and the 100 day moving average at $213.07. Resistance will lie at the 50 day moving average at $216.85, followed by the high of yesterday’s range at $216.87, then $216.88 and the upper resistance pivot at $217.30.

 

Small Cap Watch List

*Please refer to the momentum scanners displayed live in the chat room for potential plays at the market open.

 

**Others On Watch**

$NXPI
$OPHT

 

Economic Calendar

8:30 August personal spending expected +0.1%

9:45 September Chicago PMI expected +0.5 to 52

10:00 Final September University of Michigan U.S. consumer sentiment index expected +0.2 to 90

 

Notable Earnings Before Open

NONE

 

Notable Earnings After Close

NONE

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