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

The big move overnight has been gold.

Market News

02.11.13

Top Day Market News

No economic releases are scheduled for today. The big move overnight has been gold. It has declined to its lowest level for the month on of the idea that physical demand will slow greatly during the lunar new year this week in Asia. It is the year of the snake. China is the world’s second-biggest gold buyer after India and most Asian markets will be closed for this week’s holiday. The withdrawal of the Chinese market means that sellers have fewer bids to hit. Nevertheless, traders in a larger picture see the macro environment as supportive for prices as long as interest rates may remain low. Otherwise, ministers from 17 different euro nations meet today to discuss aid to Cyprus and Greece. Stocks are sloppy and the Yen continues lower while the East recovers from Nemo. Today it’s a cutting rain.

 

 

Week of February 11 - February 15

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Feb 12

 

14:00

 

Treasury Budget

 

Jan

 

 

-$2.0B

 

-$2.0B

-

$27.4B

 

 

Feb 13

 

07:00

 

MBA Mortgage Index

 

02/09

 

 

NA

 

NA

 

3.4%

 

 

Feb 13

 

08:30

 

Retail Sales

 

Jan

 

 

-0.4%

 

0.1%

 

0.5%

 

 

Feb 13

 

08:30

 

Retail Sales ex-auto

 

Jan

 

 

-0.3%

 

0.1%

 

0.3%

 

 

Feb 13

 

08:30

 

Export Prices ex-ag.

 

Jan

 

 

NA

 

NA

 

-0.2%

 

 

Feb 13

 

08:30

 

Import Prices ex-oil

 

Jan

 

 

NA

 

NA

 

-0.1%

 

 

Feb 13

 

10:00

 

Business Inventories

 

Dec

 

 

0.1%

 

0.3%

 

0.3%

 

 

Feb 13

 

10:30

 

Crude Inventories

02/09

 

NA

NA

2.623M

 

 

Feb 14

 

08:30

 

Initial Claims

 

02/09

 

 

365K

 

365K

 

366K

 

 

Feb 14

 

08:30

 

Continuing Claims

 

02/02

 

 

3200K

 

3200K

 

3224K

 

 

Feb 14

 

10:30

 

Natural Gas Inventories

 

02/09

 

 

NA

 

NA

 

NA

 

 

Feb 15

 

08:30

 

Empire Manufacturing

 

Feb

 

 

-2.0

 

0.0

 

-7.8

 

 

Feb 15

 

09:00

 

Net Long-Term TIC Flows

 

Dec

 

 

NA

 

NA

 

$52.3B

 

 

Feb 15

 

09:15

 

Industrial Production

 

Jan

 

 

0.4%

 

0.2%

 

0.3%

 

 

Feb 15

 

09:15

 

Capacity Utilization

 

Jan

 

 

79.0%

 

78.9%

 

78.8%

 

 

Feb 15

 

09:55

 

Mich Sentiment

 

Feb

 

 

73.0

 

73.5

 

73.8

 

 

 

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 (Change of Trend) 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

U

1481.50

1497.50

1505.0

1517.0

1522.5

0

1531

Mar Nasdaq


U

2683

2727

2749

2786

2797

2822

Mar Yen


D

105.25

106.51

106.80

108.64

108.84

109.91

Mar EC


D

131.58

132.62

133.37

134.62

135.64

137.02

Mar 10 Year


U

130.08

130.31

131.14

131.30

132.06

132.21

Mar 30 Year


U

141.10

142.16

143.04

144.06

144.17

145.12

Mar Soybeans


D14.20

14.20

14.36

14.22

14.81

14.83

15.14

Mar Corn


D

6.84

6.91

6.98

7.17

7.31

7.54

April Gold


D

1646.9

1657

1661

1672.2

1682.5

1697.3

Mar Silver


D

30.79

31.11

31.28

31.64

31.93

32.42

Mar Copper


U

368

372

373

378

379

382

Mar Crude


U

93.46

94.61

94.55

96.43

97.33

98.90

 

 

 

 

 

 

 

 

 News