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

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Stock market is higher again today.

4.01.2014

Top Day Market News

Markets were setting up in front of the two major event risks of the week, the ECB meeting on Thursday and non farm payroll creation in the US on Friday. Yesterday was also marked by the crosscurrents of month end and quarter end considerations.  At the same time, the Yen was dealing with an increase in its tax structure which should have the net effect of slowing economic growth there. Expectations for inflation in the Eurozone are very low to the point of potential deflationary pressures. Chicago PMI was better than expected. ISM index at 10.

The Aussie/Yen cross has advanced relentlessly over the past week and a half and is ripe for regression.


 

Week of March 31 - April 04

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Mar 31

09:45

Chicago PMI

Mar

 

60.0

60.1

59.8

 

Apr 01

10:00

ISM Index

Mar

 

54.2

54.1

53.2

 

Apr 01

10:00

Construction  Spending

Feb

 

0.0%

0.1%

0.1%

 

Apr 01

14:00

Auto Sales

Mar

 

NA

NA

5.2M

 

Apr 01

14:00

Truck Sales

Mar

 

NA

NA

7.0M

 

Apr 02

07:00

MBA Mortgage Index

03/29

 

NA

NA

-3.5%

 

Apr 02

08:15

ADP Employment Change

Mar

 

215K

215K

139K

 

Apr 02

10:00

Factory Orders

Feb

 

1.1%

1.1%

-0.7%

 

                   

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Apr 02

10:30

Crude Inventories

03/29

 

NA

NA

6.619M

 

Apr 03

07:30

Challenger Job Cuts

Mar

 

NA

NA

-24.4%

 

Apr 03

08:30

Initial Claims

03/29

 

320K

320K

311K

 

Apr 03

08:30

Continuing Claims

03/22

 

2850K

2850K

2823K

 

Apr 03

08:30

Trade Balance

Feb

 

-$40.5B

-$39.5B

-

$39.1B

 

Apr 03

10:00

ISM Services

Mar

 

53.0

53.5

51.6

 

Apr 03

10:30

Natural Gas Inventories

03/29

 

NA

NA

-57 bcf

 

Apr 04

08:30

Nonfarm Payrolls

Mar

 

185K

197K

175K

 

Apr 04

08:30

Nonfarm Private  Payrolls

Mar

 

195K

205K

162K

 

Apr 04

08:30

Unemployment Rate

Mar

 

6.6%

6.6%

6.7%

 

Apr 04

08:30

Hourly Earnings

Mar

 

0.2%

0.2%

0.4%

 

Apr 04

08:30

Average Workweek

Mar

 

34.5

34.4

34.2

 


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

June ES

 

U

1816

1833

1857

1875

1867

1885

June Nasdaq

U

 

3463

3513

3568

3628

3635

3787

June Yen

D

 

96.38

96.84

96.37

97.25

98.06

98.82

June EC

PRD(U)

136.02

136.70

137.24

138.15

138.49

139.48

June 10 Year Note

U

 

122.21

123.03

122.31

123.21

123.31

124.13

June 30 Year Bond

PRD(D)

131.10

132.13

132.03

133.26

134.18

135.20

May

U

 

13.39

14.03

14.35

14.94

14.60

14.84

Soybeans

 

 

 

 

 

 

 

May Corn

U

4.71

4.80

4.65

5.12

4.99

5.06

June Gold

D

1255

1275

1277

1294

1324

1354

May Silver

D

19.16

19.49

19.54

20.11

20.23

20.64

May Copper

U

287.60

295.00

300

306

308.00

313.00

May Crude

U

97.46

99.56

100.98

102.07

103.00

104.34