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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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Crude oil stocks at multi year highs

Market News

Top Day Market News

5.03

Overnight, the European Central Bank leaves rates at 1% as the recession in Europe continues. Commentary from Mario Draghi about the state of cureent affairs has put some pressure on the EC this morning. Crude oil stocks at multi year highs. Weekly claims come in at 365K, down 27K from expectations.

ISM services index out at 10.

Expect clouds of dust and then a settling in front of tomorrow morning’s monthly unemployment data.

Week of April 30 - May 04

Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
 
 
 
 
 
Forecast
Consensus
 
From
Apr
08:30
Personal Income
Mar
 
0.8%
0.2%
0.2%
 
30
 
 
 
 
 
 
 
 
 
 
Apr
08:30
Personal Spending
Mar
 
0.8%
0.5%
0.8%
 
30
 
 
 
 
 
 
 
 
 
 
Apr
08:30
PCE Prices - Core
Mar
 
0.2%
0.2%
0.1%
 
30
 
 
 
 
 
 
 
 
 
 
Apr
09:45
Chicago PMI
Apr
 
60.0
60.0
62.2
 
30
 
 
 
 
 
 
 
 
 
 
May
10:00
ISM Index
Apr
 
52.5
53.0
53.4
 
01
 
 
 
 
 
 
 
 
 
 
May
10:00
Construction
Mar
 
0.8%
0.5%
-1.1%
 
01
Spending
 
 
 
 
 
 
 
 
 
May
14:00
Auto Sales
Apr
 
NA
5.4M
5.1M
 
01
 
 
 
 
 
 
 
 
 
 
May
14:00
Truck Sales
Apr
 
NA
5.7M
5.7M
 
01
 
 
 
 
 
 
 
 
 
 
May
07:00
MBA Mortgage Index
04/28
 
NA
NA
-3.8%
 
02
 
 
 
 
 
 
 
 
 
 
Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
 
 
 
 
 
Forecast
Consensus
 
From
May
08:15
ADP Employment
Apr
 
170K
170K
209K
 
02
Change
 
 
 
 
 
 
 
 
 
May
10:00
Factory Orders
Mar
 
-2.5%
-1.8%
1.3%
 
02
 
 
 
 
 
 
 
 
 
 
May
10:30
Crude Inventories
04/28
 
NA
NA
3.978M
 
02
 
 
 
 
 
 
 
 
 
 
May
07:30
Challenger Job Cuts
Apr
 
NA
NA
-8.8%
 
03
 
 
 
 
 
 
 
 
 
 
May
08:30
Initial Claims
04/28
 
375K
375K
388K
 
03
 
 
 
 
 
 
 
 
 
 
May
08:30
Continuing Claims
04/21
 
3300K
3300K
3315K
 
03
 
 
 
 
 
 
 
 
 
 
May
08:30
Productivity-Prel
Q1
 
-0.5%
-0.6%
0.9%
 
03
 
 
 
 
 
 
 
 
 
 
May
08:30
Unit Labor Costs
Q1
 
3.0%
3.0%
2.8%
 
03
 
 
 
 
 
 
 
 
 
 
May
10:00
ISM Services
Apr
 
56.5
55.5
56.0
 
03
 
 
 
 
 
 
 
 
 
 
May
08:30
Nonfarm Payrolls
Apr
 
140K
162K
120K
 
04
 
 
 
 
 
 
 
 
 
 
May
08:30
Nonfarm Private
Apr
 
145K
167K
121K
 
04
Payrolls
 
 
 
 
 
 
 
 
 
May
08:30
Unemployment Rate
Apr
 
8.2%
8.2%
8.2%
 
04
 
 
 
 
 
 
 
 
 
 
May
08:30
Hourly Earnings
Apr
 
0.1%
0.2%
0.2%
 
04
 
 
 
 
 
 
 
 
 
 
May
08:30
Average Workweek
Apr
 
34.5
34.5
34.5
 
04
 
 
 
 
 
 
 
 
 
 

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
U
1336
1367
1389.
1405.00
1416
1434
 
 
50
 
 
 
ES
 
 
 
 
 
 
 
 
 
 
 
 
 
June
U
2581
2659
2709
2750
2780
2823
 
 
 
 
 
 
Nasda
 
 
 
 
 
 
 
q
 
 
 
 
 
 
 
June
PRD(D)
121.
123.02
124.2
125.48
125.30
126.15
59
 
7
 
 
 
Yen
 
 
 
 
 
 
 
 
 
 
 
 
June
D
130.
131.55
130.5
132.31
133.21
133.80
 
 
 
 
 
 
EC
 
48
 
6
 
 
 
 
 
 
 
 
 
 
June
U
130.
131.12
131.2
132.14
132.23
133.09
 
 
8
 
 
 
10
 
19
 
 
 
 
 
 
 
 
 
 
 
Year
 
 
 
 
 
 
 
June
U
139.
141.11
142.0
143.26
143.26
144.30
 
 
 
 
 
 
30
 
31
 
5
 
 
 
 
 
 
 
 
 
 
Year
 
 
 
 
 
 
 
July
PRD(D)
14.0
14.50
14.73
15.04
15.25
15.55
 
 
 
 
 
 
Soybea
 
4
 
 
 
 
 
 
 
 
 
 
 
 
ns
 
 
 
 
 
 
 
July
PRD(D)
5.93
6.23
5.97
6.23
6.69
6.85
Corn
 
 
 
 
 
 
 
June
PRD(D)
1606
1634.6
1636.
1663.20
1679.4
1696.3
 
 
 
 
 
 
Gold
 
.7
 
7
 
 
 
 
 
 
 
 
 
 
July
D
29.2
30.27
30.05
31.00
32.02
32.75
 
 
 
 
 
 
Silver
 
5
 
 
 
 
 
 
 
 
 
 
 
 
July
U
353
368
372
382
391
398
 
 
 
 
 
 
Coppe
 
 
 
 
 
 
 
r
 
 
 
 
 
 
 
June
U
100.
102.75
104.2
105.87
105.93
107.05
69
 
5
 
 
 
Crude
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
News