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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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Consumers have been literally frozen out of stores.

2.13.2014

Top Day Market News

US retail sales are expected to be soft due to the rough weather of this winter. Consumers have been literally frozen out of stores.

Last night, the Australian job creation number was a big miss. Came in with a loss of -3.7K versus an expected add of 15K. If the Chinese numbers released the previous night of big adds to export/import, the Australian unemployment number wouldn’t be this bad. Something doesn’t add up.

Copper had a pop but that’s probably just as hollow. British is being crossed against the world.

To review, China stated that January shipments were higher by 10.6% and imports were higher by 10%. This surprised market watchers. Some believe that this latest data is exaggerated, distorted by false invoicing. China’s neighbors Taiwan and S. Korea both registered weak numbers for January. Many economists believe that China in 2014 will grow at its slowest pace in 24 years.

 

Week of February 10 - February 14

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Feb 11

10:00

JOLTS - Job

Openings

Dec

 

NA

NA

4.001M

 

Feb 11

10:00

Wholesale  Inventories

Dec

 

NA

NA

0.5%

 

Feb 12

07:00

MBA Mortgage Index

02/08

 

NA

NA

0.4%

 

                   

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

12

 

 

 

 

 

 

 

 

Feb 12

10:30

Crude Inventories

02/08

 

NA

NA

0.440M

 

Feb 12

14:00

Treasury Budget

Jan

 

NA

NA

$2.9B

 

Feb 13

08:30

Initial Claims

02/08

 

NA

NA

331K

 

Feb 13

08:30

Continuing Claims

02/01

 

NA

NA

2964K

 

Feb 13

08:30

Retail Sales

Jan

 

NA

NA

0.2%

 

Feb 13

08:30

Retail Sales ex-auto

Jan

 

NA

NA

0.7%

 

Feb 13

10:00

Business Inventories

Dec

 

NA

NA

0.4%

 

Feb 13

10:30

Natural Gas Inventories

02/08

 

NA

NA

-262

bcf

 

Feb 14

08:30

Export Prices ex-ag.

Jan

 

NA

NA

0.3%

 

Feb 14

08:30

Import Prices ex-oil

Jan

 

NA

NA

-0.1%

 

Feb 14

09:15

Industrial Production

Jan

 

NA

NA

0.3%

 

Feb 14

09:15

Capacity Utilization

Jan

 

NA

NA

79.2

 

Feb 14

09:55

Mich Sentiment

Feb

 

NA

NA

81.2

 

 

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

U

1712

1752

1805

1823

1814

1835

Mar Nasdaq

U

3362

3461

3599.50

3635.00

3611

3661

Mar Yen

U

96.41

67.09

97.48

98.07

98.86

99.95

Mar EC

PRD(D)

134.13

135.20

135.33

136.44

136.90

137.53

Mar 10 Year Note

D

124.19

125.09

125.00

125.17

126.18

127.25

Mar 30 Year Bond

D

130.22

132.03

131.28

132.25

134.26

136.10

Mar Soybean

U

12.58

12.95

13.16

13.34

13.51

13.78

Mar Corn

PRD(D)

4.27

4.35

4.37

4.44

4.49

4.55

Aprl Gold

U

1226

1241

1279.2

1299.6

128

1294

March Silver

U

18.51

19.24

19.95

20.46

20.52

21.06

March Copper

D

315

319.50

320.50

327.00

327

329.60

Mar Crude

PRD(D)

94.90

97.52

98.95

100.59

101.50

102.86