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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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It’s anticipated that Greece will receive the earmarked funds

Top Day Recommendations

2.13.12

Greek lawmakers over the weekend approved an austerity package to help secure the latest tranche of rescue funds. The Yen was under pressure as Japan’s economy contracts and certain shippers have decided not to carry Iranian crude. The next European finance ministers meeting occurs on February 15th. At this point, it’s anticipated that Greece will receive the earmarked funds. If not, the dollar strengthens and risk comes off the table yet again.

Week of February 13 - February 17

Date ET Release For Actual Briefing.com Briefing.com Prior Revised
          Forecast Consensus   From
Feb 08:30 Retail Sales Jan   1.2% 0.8% 0.1%  
14    
               
Feb 08:30 Retail Sales ex-auto Jan   0.6% 0.5% -0.2%  
14    
               
Feb 08:30 Export Prices ex-ag. Jan   NA NA -0.2%  
14    
               
Feb 08:30 Import Prices ex-oil Jan   NA NA 0.1%  
14    
               
Feb 10:00 Business Inventories Dec   0.4% 0.5% 0.3%  
14    
               
Feb 07:00 MBA Mortgage Index 02/11   NA NA 7.5%  
15    
               
Feb 08:30 Empire Manufacturing Feb   15.0 14.0 13.5  
15    
               
Feb 09:00 Net Long-Term TIC Dec   NA NA $59.8B  
15 Flows    
             
Feb 09:15 Industrial Production Jan   0.1% 0.6% 0.4%  
15    
               
Feb 09:15 Capacity Utilization Jan   78.2% 78.6% 78.1%  
15    
               
Feb 10:00 NAHB Housing Feb   25 26 25  
Date ET Release For Actual Briefing.com Briefing.com Prior Revised
          Forecast Consensus   From
15   Market Index            
Feb 10:30 Crude Inventories 02/11   NA NA 0.304M  
15    
               
Feb 14:00 FOMC Minutes 1/25          
15          
               
Feb 08:30 Initial Claims 02/11   365K 365K 358K  
16    
               
Feb 08:30 Continuing Claims 02/04   3550K 3505K 3515K  
16    
               
Feb 08:30 Housing Starts Jan   645K 670K 657K  
16    
               
Feb 08:30 Building Permits Jan   650K 675K 679K  
16    
               
Feb 08:30 PPI Jan   0.3% 0.3% -0.1%  
16    
               
Feb 08:30 Core PPI Jan   0.2% 0.1% 0.3%  
16    
               
Feb 10:00 Philadelphia Fed Feb   10.0 10.0 7.3  
16    
               
Feb 08:30 CPI Jan   0.3% 0.3% 0.0%  
17    
               
Feb 08:30 Core CPI Jan   0.1% 0.2% 0.1%  
17    
               
Feb 10:00 Leading Indicators Jan   0.4% 0.5% 0.4%  
17    
               

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

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 1318. 1329.50 1333.5 1355 1352 1363
    0      
ES   75        
             
Mar U 2486 2517 2535 2574 2572 2595
           
Nasdaq              
Mar D 127.1 128.05 128.63 129.13 130.27 131.63
           
Yen   9          
             
Mar U 128.7 130.25 131.22 133.42 133.22 134.72
8          
EC            
             
Mar 10 U 130.0 130.22 130.18 131.20 131.30 132.16
2          
Year            
             
               
Mar 30 D 139.1 141.05 141.04 143.09 143.31 145.05
7          
Year            
             
Mar PRD(D) 11.98 12.134 12.19 12.41 12.46 12.63
           
Soybea              
ns              
March PRD(D) 6.135 6.224 6.27 6.43 6.46 6.61
             
Corn              
April U 1679. 1702.4 1709 1753 1751.50 1778.0
           
Gold   8          
             
Mar D 32.16 32.87 33.16 34.50 34.41 35.23
           
Silver              
Mar D 368 377 381 394 397 407
           
Copper              
Mar D 95.33 96.66 97.36 101.19 101.08 103.77
           
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.