Free $25 Commodity Investor Kit

Includes : Charts, Market Information, Informative News Articles, Market Alerts, Exchange Brochures, Research, Managed Futures Information, and much more!!

CONTACT INFORMATION

You can contact us by sending mail below or you can call toll free:

Phone: 800.840.5617
Phone: 312.920.0212
Fax: 855.994.4111


ADDRESS

United Futures Trading Company, Inc.
9247 Broadway
Suite EE
Merrillville, IN 46410

Resource Pages | Friend Pages

Earnings season kicks off today.

Market News

01.08.13

Top Day Market News

Earnings season kicks off today with Alcoa releasing its earnings after the close. Monsanto and Wells Fargo are soon to follow. Is there global growth or contraction in the future? There is little in the way of economic releases again today. Stocks are meandering while the long end of the bond market, the thirty year, could reverse its intermediate trend with a higher close today. Crude is being nudged higher by advances in the products. The Euro currency could reverse its intermediate trend with a higher close today.

 

 

Week of January 07 - January 11

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Jan 08

 

15:00

 

Consumer Credit

 

Nov

 

 

$8.0B

 

$10.6B

 

$14.2B

 

 

Jan 09

 

07:00

 

MBA Mortgage Index

 

01/05

 

 

NA

 

NA

 

NA

 

 

Jan 09

 

10:30

 

Crude Inventories

 

01/05

 

 

NA

 

NA

 

-11.1M

 

 

Jan 10

 

08:30

 

Initial Claims

 

01/05

 

 

365K

 

366K

 

372K

 

 

Jan 10

 

08:30

 

Continuing Claims

 

12/29

 

 

3200K

 

3200K

 

3245K

 

 

Jan 10

 

10:00

 

Wholesale Inventories

 

Nov

 

 

0.2%

 

0.1%

 

0.6%

 

 

Jan 10

 

10:30

 

Natural Gas Inventories

 

01/05

 

 

NA

 

NA

- 135BCF

 

 

Jan 11

 

08:30

 

Trade Balance

 

Nov

 

 

-$45.0B

 

-$41.8B

 

-$42.2B

 

 

Jan 11

 

08:30

 

Export Prices ex-ag.

 

Dec

 

 

NA

 

NA

 

-0.7%

 

 

Jan 11

 

08:30

 

Import Prices ex-oil

 

Dec

 

 

NA

 

NA

 

-0.2%

 

 

Jan 11

 

14:00

 

Treasury Budget

Dec

 

NA

NA

-$86.0B

 

                   

 

MARKET PLACE

Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biased.

 

Legend U is Up

D is Down

PRD is Potential Reversal Day S2 is Weekly strong support S1 is Weekly good support DS is Daily Support

DR is Daily Resistance

R1 is Weekly Good Resistance and is calculated once a week on Sunday night

R2 is Weekly Strong Resistance and is calculated once a week on Sunday night

Levels are for the most active futures contract

Daily Support and Resistance

 

 

Trend

WS2

WS1

DS

DR

WR1

WR2

Mar ES

 

D

1350

1408

1450.75

1460.75

1487

1514

Mar Nasdaq

 

D

2514

2614

2706

2726

2781

2847

Mar Yen

 

D

111.00

112.26

113.38

114.71

115.69

117.86

Mar EC

 

PRD(U)

128.40

129.60

130.54

131.57

132.44

134.08

Mar 10 Year

 

U

129.30

130.23

131.14

131.28

132.21

133.26

Mar 30 Year

 

PRD(U)

140.13

142.14

144.11

145.03

147.20

150.25

Mar Soybeans

 

D

13.07

13.37

13.67

13.99

14.16

14.65

Mar Corn

 

D

6.61

6.70

6.79

6.91

6.98

7.16

Feb Gold

 

D

1590.3

1624.1

1638.2

1658.6

1693.5

1729.00

Mar Silver

 

D

28.02

29.11

29.80

30.75

31.40

32.61

Mar Copper

 

D

350

360

364

371

377

385

Feb Crude

 

U

88.48

90.03

92.62

93.91

94.70

96.22

 

News