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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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Portugal had a fairly successfuk bond sale.

Market News

05.08.13

Top Day Market News

Another quiet day in terms of economic releases. All we get is the crude inventories at 1030. Also, we are in the second day of the three-day treasury auction. Today ten-year notes will be auctioned off with the results coming in at one o’clock. 30 year bonds are auctioned tomorrow. Stocks seem to be consolidating around 15,000 without any new economic data points come into play. In Germany, fell back after industrial production in stronger than expected. Portugal also had a fairly successful bond sale. Without the introduction of outside data points, markets are happy to trade technical levels.


 

Week of May 06 - May 10

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

May 07

 

15:00

 

Consumer Credit

 

Mar

 

 

$16.0B

 

$16.3B

 

$18.1B

 

 

May 08

 

07:00

 

MBA Mortgage Index

 

05/04

 

 

NA

 

NA

 

1.8%

 

 

May 08

 

10:30

 

Crude Inventories

 

05/04

 

 

NA

 

NA

 

6.696M

 

 

May 09

 

08:30

 

Initial Claims

 

05/04

 

 

340K

 

336K

 

324K

 

 

May 09

 

08:30

 

Continuing Claims

 

04/27

 

 

3050K

 

3019K

 

3019K

 

 

May 09

 

10:00

 

Wholesale Inventories

 

Mar

 

 

0.3%

 

0.3%

 

-0.3%

 

 

May 09

 

10:30

 

Natural Gas Inventories

 

05/04

 

 

NA

 

NA

 

43 bcf

 

 

May 10

 

14:00

 

Treasury Budget

 

Apr

 

 

NA

 

NA

 

+$59.1B

 

                   

 

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

Jun ES


U

1558.5

1583.75

1612.50

1625

1624.5

1639.50

Jun Nasdaq


U

2784

2860.75

2936

2956

2981

3024.5

Jun JY


D

99.25

100.12

100.008

101.32

102.49

103.99

Jun EC


U

129.19

130.16

130.61

131.25

132.29

133.45

Jun 10 Year


D

132.03

132.15

132.15

132.26

133.16

134.04

Jun 30 Year


D

145.01

146.12

145.22

146.24

148.28

150.21

July Soybeans


D

13.37

13.615

13.71

13.94

14.18

15.50

July Corn


U

6.08

6.34

6.33

6.45

6.78

6.95

June Gold


D

1418.3

1444.50

1436

1465

1491.9

1513.3

July Silver


D

22.58

23.33

23.45

24.09

24.70

25.32

July Copper


U

294

312

326

334

340

349

June Crude


U

87.99

91.80

94.94

96.28

97.73

99.85

 

 

 

 

 

 

 

 

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