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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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Markets are generally closed in Europe today

Top Day Recommendations

4.09

Markets are generally closed in Europe today. Today in the US will be a day of recalibration to the data point known as the US unemployment report that was released on Friday. It came in far below most estimates. Consequently, stocks found a lower trading range while bonds took the top of short term resistance. Oil is lower as Iran agrees to restart nuclear talks with the US and its allies commencing on April 14th. These talks had been previously scheduled.

There are no eco releases scheduled for today and again participation will be limited by the European absence.

Since some markets were open for an abbreviated session on Friday while other markets weren’t open at all, we will let an entire cycle of trading go through to reset the technical levels in the grid below.

Week of April 09 - April 13

Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
         
Forecast
Consensus
 
From
Apr
10:00
Wholesale
Feb
 
0.3%
0.5%
0.4%
 
10
Inventories
   
             
Apr
07:00
MBA Mortgage Index
04/07
 
NA
NA
4.8%
 
11
   
               
Apr
08:30
Export Prices ex-ag.
Mar
 
NA
NA
0.5%
 
11
   
               
Apr
08:30
Import Prices ex-oil
Mar
 
NA
NA
-0.1%
 
11
   
               
Apr
10:30
Crude Inventories
04/07
 
NA
NA
9.009M
 
11
   
               
Apr
14:00
Treasury Budget
Mar
 
NA
NA
-
 
Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
         
Forecast
Consensus
 
From
11
           
$188.2B
 
Apr
14:00
Fed's Beige Book
Apr
         
11
         
               
Apr
08:30
Initial Claims
04/07
 
355K
355K
357K
 
12
   
               
Apr
08:30
Continuing Claims
03/31
 
3350K
3350K
3338K
 
12
   
               
Apr
08:30
PPI
Mar
 
0.8%
0.3%
0.4%
 
12
   
               
Apr
08:30
Core PPI
Mar
 
0.2%
0.2%
0.2%
 
12
   
               
Apr
08:30
Trade Balance
Feb
 
-$53.0B
-$52.0B
-$52.6B
 
12
   
               
Apr
08:30
CPI
Mar
 
0.5%
0.3%
0.4%
 
13
   
               
Apr
08:30
Core CPI
Mar
 
0.2%
0.2%
0.1%
 
13
   
               
Apr
09:55
Mich Sentiment
Apr
 
75.5
76.1
76.2
 
13
   
               

MARKET PLACE

Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biased.

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.