-071712.jpg "Click to enlarge")
7/17/2012 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.4%
Actual: 0.4%
Previous revision: -0.1% to -0.2%
DULL REACTION
Started @ 89.45
1st Peak @ 89.36 – 0317 (2 min)
9 ticks
Reverse to 89.54 – 0326 (11 min)
18 ticks
Notes: Report matched the forecast, and the previous report was revised slightly downward. This caused a dull reaction and with no impetus to react from the report. Close out JOBB after 10 seconds with no fill or decisive move.
-061512.jpg "Click to enlarge")
6/15/2012 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.1%
Actual: -0.1%
Previous revision: -0.1% to 1.0%
DULL REACTION
Started @ 83.76
1st Peak @ 83.80 – 0316 (1 min)
4 ticks
Reverse to 83.71 – 0317 (2 min)
9 ticks
Notes: Report mildly fell short of the forecast, and the previous report was revised slightly downward. This caused a dull reaction and with no impetus to react from the report. Close out JOBB after 10 seconds with no fill or decisive move.
-051612.jpg "Click to enlarge")
Caption for 5.16:
5/16/2012 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.6%
Actual: 1.1%
Previous revision: -0.6% to -0.6%
DULL REACTION
Started @ 93.33
1st Peak @ 93.38 – 0316 (1 min)
5 ticks
Reverse to 93.26 – 0317 (2 min)
12 ticks
Notes: Report exceeded the forecast, but the previous report was largely revised downward. This caused a dull reaction and no more than 5 ticks move long and short from the origin initially. Close out JOBB after 10 seconds with no fill or decisive move.
-041712.jpg "Click to enlarge")
4/17/2012 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.4%
Actual: 0.0%
Previous revision: none
DULL REACTION
Started @ 104.68
1st Peak @ 104.60 – 0316 (1 min)
8 ticks
Reverse to 104.81 – 0317 (2 min)
21 ticks
Notes: Report fell short of forecast, with no previous report revision. Oddly this caused little impetus to move short as the market was in rally mode before the report release. The initial spike would have filled you short with JOBB, then you would have minutes later.
-031612.jpg "Click to enlarge")
3/16/2012 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.4%
Actual:0.0%
Previous revision:+0.4% to 0.4%
Spike / RETRACE
Started @ 106.36
1st Peak @ 106.18 – 0317 (2 min)
18 ticks
2nd Peak @ 106.17 – 0320 (5 min)
19 ticks
Reverse to 106.38 – 0327 (12 min)
21 ticks (2x top)
Notes: Report fell short of forecast, but previous report was revised upward by the same margin. These offset, but the current report negativity drove the small reaction. The initial spike fell to almost hit the 50 SMA, then after retracing just touched it on the 2nd peak. The reversal recovered the loss 7 minutes later.
-021512.jpg "Click to enlarge")
2/15/2012 Monthly Industrial Production (0415 HI time / 0915 EST)
Forecast: 0.7%
Actual:0.0%
Previous revision:+0.6% to 1.0%
Spike / RETRACE
Started @ 101.76
1st Peak @ 101.67 – 0415 (1 min)
22 ticks
Retrace to 101.82 – 0420 (5 min)
15 ticks
Notes: Report fell well short of forecast, but previous report was revised largely upward. These offset, but the current report negativity drove the small reaction. With the SMAs in a FIST, the spikes were reined in to just a few ticks. If it had been all good news, the price could have spiked up and cleared the FIST.
-011812.jpg "Click to enlarge")
1/18/2012 Monthly Industrial Production (0415 HI time / 0915 EST)
Forecast: 0.5%
Actual:0.4%
Previous revision:-0.1% to 0.3%
Spike / RETRACE
Started @ 101.29
1st Peak @ 101.07 – 0416 (2 min)
22 ticks
Retrace to 101.33 – 0419/0420 (4/5 min)
26 ticks (2x top)
Notes: Report fell short of forecast, and previous report was revised downward. Small short reaction aided by downward fan. Price moved downward 1more waves after report, but this is after the short term reaction of the report.
-121511.jpg "Click to enlarge")
12/15/2011 Monthly Industrial Production (0415 HI time / 0915 EST)
Forecast: 0.3%
Actual:-0.2%
Previous revision: none
Spike with 2nd peak
Started @ 95.65
1st Peak @ 95.79 – 0416 (1 min)
14 ticks
2nd Peak @ 95.93 – 0421/0423 (6/8 min)
28 ticks (2x top)
Notes: Report fell short of forecast. Opposite reaction that expected probably due to downward fan before report. 2nd peak is just above 200 and 50 SMAs
-111611.jpg "Click to enlarge")
11/16/2011 Monthly Industrial Production (0415 HI time / 0915 EST)
Forecast: 0.4%
Actual:0.7%
Previous revision:-0.3% to -0.1%
Spike with 2nd peak
Started @ 101.02
1st Peak @ 101.17 – 0416 (1 min)
15 ticks
2nd Peak @ 101.24 – 0418 (3 min)
22 ticks
Notes: Report exceeded forecast, but previous report was revised downward. This caused the spike with the long tail on the first candle, but after the overall report was digested, the current positive report outweighed and caused the 2nd peak.
-101711.jpg "Click to enlarge")
10/17/2011 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.2%
Actual: 0.2%
Previous revision:-0.2% to 0.0%
Spike / RETRACE
Started @ 87.41
1st Peak @ 87.23 – 0317 (2 min)
18 ticks
Retrace to 87.34 – 0318 (3 min)
11 ticks
Notes: Report matched forecast, but previous report was revised downward. Small short reaction aided by downward fan initiated at 0305 (10 min before report broke). Price moved downward 2 more waves after report, but this is after the short term reaction of the report.