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

Consumer confidence at 10 am.

Top Day Recommendations

January 25

Just Consumer Confidence at 10 but internationally, we have been looking

overnight at Australian Q4 Consumer Price Index and UK Gross Domestic

Product. Australian rate of inflation falls to its lowest level in a year. Aussie

sold off on this as it may not be necessary to raise short term rates there,

especially given the floods. At the same time, the UK Gross Domestic

Product came in at 1.7% versus an expectation of 2.6%. This considerable

contraction was due to cold weather. On the news, the BP got clobbered,

down 2.06 as of now. Crude and metals have been influenced negatively by

this dollar strength. The Bank of Japan raised growth forecasts. The

centerpiece of the week remains the Federal Open Market Committee

meeting and interest rate decision on Wednesday. Yahoo reports after the

close and the President delivers State of the Union this evening.

Week of January 24 - January 28

Date ET Release For Actual Briefing.com Consensus Prior Revised

From

Jan 25 09:00 Case-Shiller 20-city Index Nov -1.0% -1.3% -0.80%

Jan 25 10:00 Consumer Confidence Jan 53.5 53.5 52.5

Jan 25 10:00 FHFA Housing Price Index Nov NA NA 0.7%

Jan 26 07:00 MBA Mortgage Purchase Index 01/21 NA NA +5%

Jan 26 10:00 New Home Sales Dec 280K 300K 290K

Jan 26 10:30 Crude Inventories 01/22 NA NA 2.62M

Jan 26 14:15 FOMC Rate Decision Jan 0.25% 0.25% 0.25%

Jan 27 08:30 Initial Claims 01/22 400K 408K 404K

Jan 27 08:30 Continuing Claims 01/22 3800K 3835K 3861K

Jan 27 08:30 Durable Orders Dec 1.5% 1.5% -0.3% -1.3%

Jan 27 08:30 Durable Orders ex

Transportation

Dec 1.0% 0.6% 3.6% 2.4%

Jan 27 10:00 Pending Home Sales Nov -2.0% -0.5% 3.5%

Jan 28 08:30 GDP-Adv. Q4 3.4% 3.8% 2.6%

Jan 28 08:30 Chain Deflator-Adv. Q4 2.0% 1.6% 2.1%

Jan 28 08:30 Employment Cost Index Q4 0.4% 0.4% 0.4%

Date ET Release For Actual Briefing.com Consensus Prior Revised

From

Jan 28 09:55 Michigan Sentiment – Final Jan 73.5 73.2 72.7

Current views, speculations and suggestions

good till close of business today. These are strictly technical in nature

only, not fundamentally based or biased.

Legend:

P is positive

N is Negative

PRD is Potential Trend Reversal Day

S2 is strong support

S1 is good support

DS is Daily Support

DR is Daily Resistance

R1 is Good resistance

R2 is Strong Resistance

S1, S2, R1, R2 change once, weekly, so DS can be below weekly support

levels and DR can be above weekly resistance levels as a week of trading

unfolds

Levels are for the most active futures contract.

DAILY SUPPORT AND RESISTANCE

Trend S2 S1 DS DR R1 R2

Emini

S&P PRD 1252 1266 1274 1292 1294 1309

Emini NQ N 2213 2241 2275 2311 2321 2374

Yen PRD 119.33 120.21 120.73 121.64 122.10 123.11

EC P 130.94 133.42 135.48 136.88 137.30 138.70

10 year P 118.24 119.14 119.31 120.24 121.02 121.31

30 year P 117.29 119.00 119.26 121.07 121.15 122.27

Soybeans PRD 13.60 13.86 13.91 14.21 14.24 14.57

Corn P 6.11 6.34 6.44 6.61 6.73 6.90

Gold P 1310 1326 1322 1354 1368 1394

Silver N 25.61 26.55 26.22 27.91 28.96 30.43

Copper N 409 420 427 437 444 457

Mar

Crude N 86.18 87.64 85.90 89.24 91.79 94.48

Sugar P 29.23 30.78 31.20 32.77 33.13 33.93

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

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.