Free $25 Commodity Investor Kit

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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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The Euro is trading in an orderly fashion

Market News

Top Day Market News

5.14.12

No eco releases today. More of the same this morning. There is no functioning Geek government. There is another meeting at approximately 11:30 this morning to try and get one particularly recalcitrant politician to relent but this seems unlikely and new elections seem to be the next solution. The Euro is trading in an orderly fashion but it is at its lowest level in three months. The end game to all this seems as if Greece will withdraw from the EU but this could be eventually an EC positive. Of course, the situation with the London whale has only exacerbated the situation.

Week of May 14 - May 18

Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
         
Forecast
Consensus
 
From
May
08:30
Retail Sales
Apr
 
0.2%
0.2%
0.8%
 
15
   
               
May
08:30
Retail Sales ex-auto
Apr
 
0.2%
0.2%
0.8%
 
15
   
               
May
08:30
CPI
Apr
 
0.0%
0.0%
0.3%
 
15
   
               
May
08:30
Core CPI
Apr
 
0.2%
0.2%
0.2%
 
15
   
               
May
08:30
Empire Manufacturing
May
 
8.0
8.4
6.6
 
15
   
               
May
09:00
Net Long-Term TIC
Mar
 
NA
NA
$10.1B
 
15
Flows
   
             
May
10:00
Business Inventories
Mar
 
0.3%
0.3%
0.6%
 
15
   
               
May
10:00
NAHB Housing
May
 
26
26
25
 
15
Market Index
   
             
May
07:00
MBA Mortgage Index
05/12
 
NA
NA
1.7%
 
16
   
               
May
08:30
Housing Starts
Apr
 
675K
680K
654K
 
16
   
               
May
08:30
Building Permits
Apr
 
725K
730K
747K
 
Date
ET
Release
For
Actual
Briefing.com Briefing.com
Prior
Revised
         
Forecast
Consensus
 
From
16
               
May
09:15
Industrial Production
Apr
 
0.4%
0.5%
0.0%
 
16
   
               
May
09:15
Capacity Utilization
Apr
 
78.9%
79.0%
78.6%
 
16
   
               
May
10:30
Crude Inventories
05/12
 
NA
NA
3.652M
 
16
   
               
May
14:00
FOMC Minutes
4/25
         
16
         
               
May
08:30
Initial Claims
05/12
 
365K
365K
367K
 
17
   
               
May
08:30
Continuing Claims
05/05
 
3250K
3250K
3229K
 
17
   
               
May
10:00
Philadelphia Fed
May
 
10.0
8.8
8.5
 
17
   
               
May
10:00
Leading Indicators
Apr
 
0.1%
0.2%
0.3%
 
17
   
               

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 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
D
1322.50
1336.00
1333.25
1360
1367
1384
           
ES
             
June
D
2549
2579
2574
2634
2644
2679
           
Nasda
             
q
             
June
D
124.32
1247
124.83
125.45
125.81
126.40
           
Yen
             
June
D
128.04
128.64
128.76
129.53
130.26
131.28
           
EC
             
June
U
132.07
132.21
132.29
133.09
133.12
133.21
           
10
             
Year
             
June
U
142.31
144.01
144.25
145.17
145.23
146.11
           
30
             
Year
             
July
D
13.52
13.79
132.29
133.09
14.55
15.05
           
Soybea
             
ns
             
July
D
5.35
5.58
5.71
5.91
6.17
6.54
           
Corn
             
June
D
1526
1553
1561
1595
1625
1670
           
Gold
             
July
D
27.25
28.07
28.50
29.18
30.04
31.20
           
Silver
             
July
D
358
361
358
368
368
371
           
Coppe
             
r
             
July
D
95.05
95.77
95.05
97.37
97.37
98.25
           
Crude
             
               
News