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

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World Markets are open.

1.20.2013

Top Day Market News

Today is a US market holiday to observe Martin Luther King Day. World markets are open however. 4th quarter Chinese GDP came in at 7.7 beating estimates of 7.6. This helped to lift the Aussie modestly out of its oversold condition but remember that the central bank will feel more comfortable with the currency trading at 85 rather than at

90. Even though the US calendar remains light for the balance of the week, there will be consumer confidence numbers for Europe on Tuesday. Australia comes out with consumer prices on Wednesday while Canada has a rate decision to make mid-week.

The charts below suggest that the Australian Central Bank will see their 85 objective while the Yen will lift on risk aversion.

 

Week of January 20 - January 24

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jan 22

07:00

MBA Mortgage Index

01/18

 

NA

NA

11.9%

 

Jan 23

08:30

Initial Claims

01/18

 

330K

327K

326K

 

Jan 23

08:30

Continuing Claims

01/11

 

2900K

2900K

3030K

 

Jan 23

09:00

FHFA Housing Price Index

Nov

 

NA

NA

0.5%

 

Jan 23

10:00

Existing Home Sales

Dec

 

4.87M

4.90M

4.90M

 

Jan 23

10:00

Leading Indicators

Dec

 

0.1%

0.2%

0.8%

 

Jan 23

10:30

Natural Gas Inventories

01/18

 

NA

NA

-287

bcf

 

Jan 23

11:00

Crude Inventories

01/18

 

NA

NA

-7.658M

 

                   

 

 

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

PRD(D)

1793

1813

1828

1841

1849

1865

Mar Nasdaq

D

3445

3514

3569

3604

3652

3680

Mar Yen

U

94.23

95.06

95.74

96.14

96.99

98.08

Mar EC

U

133.95

134.62

134.89

135.94

136.47

137.66

Mar 10 Year Note

U

12.12

123.28

124.07

124.22

124.25

125.13

Mar 30 Year

U

129.18

130.14

130.29

131.29

131.27

132.12

Year Bond

 

 

 

 

 

 

 

Mar Soybean

U

124.49

12.64

 

 

12.95

13.11

Mar Corn

D

3.97

4.15

 

 

4.41

4.50

Feb Gold

D

1225

1239.5

1241.00

1265

1261

1269

March Silver

D

18.53

19.92

20.03

20.49

20.68

21.65

March Copper

U

327

330

332.6

336.6

337

340

Feb Crude

D

90.25

92.20

93.56

95.08

95.69

97.09