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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

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France sells almost 3 billion in in 2014 notes

Top Day Recommendations

1.19.12

Overnight, a bit more positive news with weekly jobless claims down 50K to 352K. Spanish debt auction goes off fairly well selling 6.61 billion of debt when expectations were for a buy of 4 billion. France sells almost 3 billion in in 2014 notes at a rate of only 1.05%.

Feb crude nears expiration so be careful of a squeeze. Interest rates are backing up as markets are becoming more comfortable with a “risk on” profile.

Rejection of the Keystone pipeline had a one hour shelf life.

Week of January 16 - January 20

Date ET Release For Actual Briefing.com Briefing.com Prior Revised
          Forecast Consensus   From
Jan 08:30 Empire Manufacturing Jan   10.0 10.0 9.5  
17    
               
Jan 07:00 MBA Mortgage Index 01/14   NA NA +4.5%  
18    
               
Jan 08:30 PPI Dec   0.1% 0.1% 0.3%  
18    
               
Jan 08:30 Core PPI Dec   0.1% 0.1% 0.1%  
18    
               
Jan 09:00 Net Long-Term TIC Nov   NA NA $4.8B  
18 Flows    
             
Jan 09:15 Industrial Production Dec   05.% 0.5% -0.2%  
18    
               
Jan 09:15 Capacity Utilization Dec   78.2% 78.1% 77.8%  
18    
               
Jan 10:00 NAHB Housing Jan   20 21 21  
18 Market Index    
             
Date ET Release For Actual Briefing.com Briefing.com Prior Revised
          Forecast Consensus   From
Jan 08:30 Initial Claims 01/14   395K 387K 399K  
19    
               
Jan 08:30 Continuing Claims 01/07   3600K 3613K 3628K  
19    
               
Jan 08:30 CPI Dec   0.1% 0.1% 0.0%  
19    
               
Jan 08:30 Core CPI Dec   0.1% 0.1% 0.2%  
19    
               
Jan 08:30 Housing Starts Dec   650K 670K 685K  
19    
               
Jan 08:30 Building Permits Dec   650K 680K 681K  
19    
               
Jan 10:00 Philadelphia Fed Jan   8.0 10.0 10.3  
19    
               
Jan 11:00 Crude Inventories 01/14   NA NA 4.958M  
19    
               
Jan 10:00 Existing Home Sales Dec   4.35M 4.57M 4.42M  
20    
               

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        
R2 is Weekly Strong Resistance        
Levels are for the most active futures contract    
    Daily Support and Resistance  
               
  Trend WS2 WS1 DS DR WR1 WR2
Mar U 1254 1271 1291 1315 1301 1314
           
ES              
Mar U 2318 2345 2397 2445 2394 2414
           
Nasdaq              
Mar U 129.29 129.66 130.13 130.52 130.47 130.91
           
Yen              
Mar PRD 124.70 125.71 127.60 129.52 128.28 129.84
           
EC (U)            
Mar 10 U 129.30 130.24 130.285 131.185 132.01 132.16
           
Year              
               
Mar 30 D 140.26 142.29 143.07 145.01 146.07 147.14
           
Year              
Mar PRD     11.74 11.96    
           
Soybea (U)            
ns              
March U     5.83 6.024    
             
Corn              
Feb U 1579.1 1609.7 1647 1675 1666.90 1639.50
           
Gold              
Mar U 27.53 28.63 29.92 31.14 30.76 31.78
           
Silver              
Mar U 326 345 370 381 376 388
           
Copper              
Feb D 94.33 96.68 99.60 103.05 102.39 105.75
           
Crude              
               

N.B.: if you initiate a trade using ANY of these numbers use a STOP at least equivalent to 2 ½%.

Repeat: use Stops. Don’t think about using Stops.

Use Stops. Some find it appropriate to look at the margin requirement and use that as a Stop or if it’s a steep initial requirement, use half. But whatever you do, stop thinking about any other alternative and use Stops.

********************************************

Futures trading entails considerable risk and is not for everyone. An account can lose more than its initial investment.

Stops are not necessarily filled at the stop level. Past performance is not a guarantee of future results.

Charles Kespert

***********************

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, AL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETIOTHETICAL TRADING RECORD CAN

COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.