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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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Gold is at a six month low.

Market News

02.20.13

Top Day Recommendations

The market continues to grind towards 1550. See chart below.

Today’s releases include housing starts, building permits, the Producer Price Index and the Federal Open Market Committee Meeting at 2 pm. With all these releases today will probably see a trading range expansion. Just eight sessions until sequestration. In England, BOE Governor King was defeated in a move for more stimulus and the Pound heads south. Also, Gold is at a six month low as equities remain at multi year highs.

Week of February 18 - February 22

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Feb 19

 

10:00

 

NAHB Housing Market Index

 

Feb

 

 

48

 

48

 

47

 

 

Feb 20

 

07:00

 

MBA Mortgage Index

 

02/16

 

 

NA

 

NA

 

-6.4%

 

 

Feb 20

 

08:30

 

Housing Starts

 

Jan

 

 

900K

 

910K

 

954K

 

 

Feb 20

 

08:30

 

Building Permits

 

Jan

 

 

915K

 

918K

 

903K

 

 

Feb 20

 

08:30

 

PPI

 

Jan

 

 

0.1%

 

0.3%

 

-0.2%

 

 

Feb 20

 

08:30

 

Core PPI

 

Jan

 

 

0.1%

 

0.1%

 

0.1%

 

 

Feb 20

 

14:00

 

FOMC Minutes

 

1/30

 

 

 

 

 

 

Feb 21

 

08:30

 

Initial Claims

 

02/16

 

 

365K

 

358K

 

341K

 

 

Feb 21

 

08:30

 

Continuing Claims

 

02/09

 

 

3200K

 

3150K

 

3114K

 

 

Feb 21

 

08:30

 

CPI

 

Jan

 

 

0.1%

 

0.1%

 

0.0%

 

 

Feb 21

 

08:30

 

Core CPI

 

Jan

 

 

0.1%

 

0.2%

 

0.1%

 

 

Feb 21

 

10:00

 

Existing Home Sales

 

Jan

 

 

4.95M

 

4.94M

 

4.94M

 

 

Feb 21

 

10:00

 

Philadelphia Fed

 

Feb

 

 

2.0

 

1.5

 

-5.8

 

 

Feb 21

 

10:00

 

Leading Indicators

 

Jan

 

 

0.3%

 

0.3%

 

0.5%

 

 

Feb 21

 

10:30

 

Natural Gas Inventories

 

02/16

 

 

NA

 

NA

-157

bcf

 

 

Feb 21

 

11:00

 

Crude Inventories

 

02/16

 

 

NA

 

NA

 

0.560M

 


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

1502

1509

1520

1532

1523

1529

Mar Nasdaq


U

2738

2749

2764

2791

2774

2793

Mar Yen


D

104.58

105.00

106.39

107.86

108.37

109.11

Mar EC


D

131.81

132.39

133.43

134.46

134.84

136.11

Mar 10 Year


D

130.21

131.03

131.05

131.18

131.27

132.06

Mar 30 Year


U

141.18

142.17

142.23

143.19

144.08

144.28

Mar Soybeans


PRD(U)

13.80

14.02

14.43

15.00

14.54

14.72

Mar Corn


D

6.73

6.86

6.89

7.02

7.12

7.26

April Gold


D

1552

1581

1596.6

1626.3

1654

1699

May Silver


D

28.45

29.12

29.08

30.03

31.03

32.20

Mar Copper


D

367

371

3.61

3.71

377

380

April Crude


U

93.77

95.19

96.16

97.61

98.34

100.07

 

 

 

 

 

 

 

 

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