CL 03-12 (1 Min) 9.15.2011

 Empire State Manufacturing Index  Comments Off on CL 03-12 (1 Min) 9.15.2011
May 192013
 

CL 03-12 (1 Min)  9_15_2011

9/15/2011 Monthly Empire State Manufacturing Index (0230 HI time / 0830 EDT)
Forecast: -3.9%
Actual: -8.8%
SPIKE WITH 2ND PEAK
Started @ 89.90
1st Peak @ 89.59 – 0231 (1 min)
31 ticks (2x bottom)

2nd Peak @ 89.55 – 0234 (4 min)
32 ticks

Retrace to 89.99 – 0243 (13 min)
44 ticks

Notes: Report fell short of forecast. Thursday am report along with weekly unemployment claims (mild negative with 428K), and CPI (matching forecast). I would not trade this report due to 3 medium market movers braking at the same time. All negative news in this case drove the downward reaction.

CL 03-12 (1 Min) 8.15.2011

 Empire State Manufacturing Index  Comments Off on CL 03-12 (1 Min) 8.15.2011
May 192013
 

CL 03-12 (1 Min)  8_15_2011

8/15/2011 Empire State Manufacturing Index (0230 HI time / 0830 EDT)
Forecast: 0.5%
Actual: -7.7%
DULL REACTION
Started @ 86.36
1st Peak @ 86.28 / 86.44 – 0231 (1 min)
+/- 8 ticks

Notes: Report fell short of forecast. Dull reaction. Report was either priced in or news broke on previous candle. Cancel out of order if not filled in 10 sec. If filled close out with minimal gain or loss.