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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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Empire State Factory Index comes in stronger than expected.

Top Day Recommendations

2.15

Empire State Factory Index comes in stronger than expected.

Federal Open Market Committee notes at 2:00

Overnight, Iran has reportedly cut off shipments of oil to the EU. Ironically, if this is the case, they have enacted the sanctions the EU was seeking to impose against them. Turnabout is fair play. On this, the EC weakened.

Proposed extension of the payroll tax cut lifted equities going into yesterday’s close.

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    
             
Date ET Release For Actual Briefing.com Briefing.com Prior Revised
          Forecast Consensus   From
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  
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 1339 1360 1352 1363
           
ES   75          
             
Mar U 2486 2517 2560.5 2593 2572 2595
    0      
Nasdaq            
             
Mar D 127.1 128.05 126.07 128.72 130.27 131.63
9          
Yen            
             
Mar D 128.7 130.25 130.43 132.68 133.22 134.72
           
EC   8          
             
Mar 10 U 130.0 130.22 130.29 131.22 131.30 132.16
           
Year   2          
             
               
Mar 30 U 139.1 141.05 142.03 143.31 143.31 145.05
           
Year   7          
             
Mar U 11.98 12.134 12.37 12.62 12.46 12.63
           
Soybea              
ns              
March U 6.135 6.224 6.26 6.38 6.46 6.61
           
Corn              
April D 1679. 1702.4 1711 1736 1751.50 1778.0
8          
Gold            
             
Mar D 32.16 32.87 33.12 34.07 34.41 35.23
           
Silver              
Mar D 368 377 377 389 397 407
           
Copper              
April PRD(U) 95.33 96.66 100.40 102.86 101.08 103.77
           
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.