Aug 162011
 


CL 03 12 (1 Min) 08.16.11

8/16/2011 Monthly Industrial Production (0315 HI time / 0915 EDT)
Forecast: 0.5%
Actual:0.9%
Previous revision:+0.2% to 0.4%
Spike with 2nd Peak
Started @ 87.19
1st Peak@ 87.63 – 0316 (1 min)
44 ticks

2nd Peak@ 87.80 – 0319/0321 (4/6 min)
61 ticks (2x top)

Notes: Strong report above forecast with upward revision of previous report. Retracement on 0317 candle was due to crossing of 200 SMA.