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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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American Petroleum Instistute will release their figures after the close today

Top Day Recommendations

4.17

Housing starts down 5.8% while permits are up 4.5%, sort of a wash. European stocks rallied on a better than expected Spanish bond auction. Oil was lower yesterday on news of a reversal on the Seaway Reversal two months ahead of schedule which will send more crude supplies to the gulf and away from Cushing, Oklahoma where there is a glut. The Spanish debt auction results and the retail sales figures helped lift crude form the lows. The American Petroleum Institute will release their figures on oil inventories after the close today.

Industrial Production and Capacity Utilization come out at 9:15 and that’s that for that.

Week of April 16 - April 20

Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
         
Forecast
Consensus
 
From
Apr
08:30
Retail Sales
Mar
 
0.0%
0.3%
1.1%
 
16
   
               
Apr
08:30
Retail Sales ex-auto
Mar
 
0.3%
0.6%
0.9%
 
16
   
               
Apr
08:30
Empire
Apr
 
18.0
17.5
20.2
 
16
Manufacturing
   
             
Apr
09:00
Net Long-Term TIC
Feb
 
NA
NA
$101.0B
 
16
Flows
   
             
Apr
10:00
Business Inventories
Feb
 
0.4%
0.5%
0.7%
 
16
   
               
Apr
10:00
NAHB Housing
Apr
 
29
29
28
 
16
Market Index
   
             
Apr
08:30
Housing Starts
Mar
 
700K
700K
698K
 
Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
         
Forecast
Consensus
 
From
17
               
Apr
08:30
Building Permits
Mar
 
700K
710K
717K
 
17
   
               
Apr
09:15
Industrial Production
Mar
 
0.1%
0.2%
0.0%
 
17
   
               
Apr
09:15
Capacity Utilization
Mar
 
78.5%
78.5%
78.4%
78.7%
17
 
               
Apr
07:00
MBA Mortgage Index
04/14
 
NA
NA
-2.4%
 
18
   
               
Apr
10:30
Crude Inventories
04/14
 
NA
NA
2.791M
 
18
   
               
Apr
08:30
Initial Claims
04/14
 
375K
375K
380K
 
19
   
               
Apr
08:30
Continuing Claims
04/07
 
3300K
3275K
3251K
 
19
   
               
Apr
10:00
Existing Home Sales
Mar
 
4.68M
4.62M
4.59M
 
19
   
               
Apr
10:00
Philadelphia Fed
Apr
 
10.0
10.3
12.5
 
19
   
               
Apr
10:00
Leading Indicators
Mar
 
0.2%
0.2%
0.7%
 
19
   
               

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
             
               
June
D
1332
1349
1358
1381
1384
1404
           
ES
             
June
D
2645
2669
2643
2697
2733
2772
           
Nasdaq
             
June
U
121.3
122.32
123.68
124.77
124.29
125.22
           
Yen
 
2
         
             
June
D
129.3
130.07
134.01
131.95
131.88
132.93
           
EC
 
1
         
             
June
U
130.1
131.01
131.08
131.29
131.25
132.07
7
         
10
           
             
Year
             
June
U
139.0
140.01
140.31
142.10
142.07
142.31
5
         
30
           
             
Year
             
May
D
13.97
14.17
14.11
14.32
14.54
14.71
           
Soybea
             
ns
             
May
D
5.99
6.14
6.19
6.27
6.54
6.79
           
Corn
             
June
PRD(D)
1609
1634
1641.2
1658.8
1683
1706.6
           
Gold
             
May
PRD(D)
30.25
30.87
31.13
31.94
32.34
33.19
           
Silver
             
May
D
348
354
354
365
374
386
           
Copper
             
May
D
99.02
100.93
102.03
104.27
104.149
106.14
           
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.