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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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Metals are lower on a generally stronger dollar.

Market News

05.14.13

Top Day Market News

Just export/import prices today in terms of economic releases. Overnight, crude continues under pressure due to supply considerations. Australian economic growth is projected to decline to 2.75% from 3.0% and their unemployment rate is forecast to rise to 5.75% from 5.50%. Also, economic sentiment in Germany should decline to 36.4 from 40.00. Metals are lower on a generally stronger dollar.

Working remotely today.


 

Week of May 13 - May 17

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

May 13

 

08:30

 

Retail Sales

 

Apr

 

 

-0.7%

 

-0.3%

 

-0.4%

 

 

May 13

 

08:30

 

Retail Sales ex-auto

 

Apr

 

 

-0.5%

 

-0.2%

 

-0.4%

 

 

May 13

 

10:00

 

Business Inventories

 

Mar

 

 

0.4%

 

0.3%

 

0.1%

 

 

May 14

 

08:30

 

Export Prices ex-ag.

 

Apr

 

 

NA

 

NA

 

-0.2%

 

 

May 14

 

08:30

 

Import Prices ex-oil

 

Apr

 

 

NA

 

NA

 

-0.2%

 

 

May 15

 

07:00

 

MBA Mortgage Index

 

05/11

 

 

NA

 

NA

 

7.0%

 

 

May 15

 

08:30

 

PPI

 

Apr

 

 

-0.5%

 

-0.5%

 

-0.6%

 

 

May 15

 

08:30

 

Core PPI

 

Apr

 

 

0.2%

 

0.1%

 

0.2%

 

 

May 15

 

08:30

 

Empire Manufacturing

 

May

 

 

1.0

 

3.5

 

3.1

 

 

May 15

 

09:00

 

Net Long-Term TIC Flows

 

Mar

 

 

NA

 

NA

-

$17.8B

 

 

May

 

09:15

 

Industrial Production

 

Apr

 

 

-0.5%

 

-0.2%

 

0.4%

 

 

 

                 

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

15

 

 

 

 

 

 

 

 

 

May 15

 

09:15

 

Capacity Utilization

 

Apr

 

 

78.0%

 

78.3%

 

78.5%

 

 

May 15

 

10:00

 

NAHB Housing Market Index

 

May

 

 

43

 

44

 

42

 

 

May 15

 

10:30

 

Crude Inventories

 

05/11

 

 

NA

 

NA

 

0.230M

 

 

May 16

 

08:30

 

Initial Claims

 

05/11

 

 

335K

 

330K

 

323K

 

 

May 16

 

08:30

 

Continuing Claims

 

05/04

 

 

3015K

 

3005K

 

3005K

 

 

May 16

 

08:30

 

CPI

 

Apr

 

 

-0.2%

 

-0.2%

 

-0.2%

 

 

May 16

 

08:30

 

Core CPI

 

Apr

 

 

0.2%

 

0.2%

 

0.1%

 

 

May 16

 

08:30

 

Housing Starts

 

Apr

 

 

915K

 

970K

 

1036K

 

 

May 16

 

08:30

 

Building Permits

 

Apr

 

 

950K

 

950K

 

902K

 

 

May 16

 

10:00

 

Philadelphia Fed

 

May

 

 

2.0

 

2.5

 

1.3

 

 

May 16

 

10:30

 

Natural Gas Inventories

 

05/11

 

 

NA

 

NA

 

88 bcf

 

 

May 17

 

09:55

 

Mich Sentiment

 

May

 

 

79.0

 

78.5

 

76.4

 

 

May 17

 

10:00

 

Leading Indicators

 

Apr

 

 

0.3%

 

0.3%

 

-0.1%

 



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

1598

1613

1623.75

1635.00

1638.50

1647

Jun Nasdaq


U

2921

2949

2965.50

2992.00

2991

3005

Jun JY


D

95.94

97.22

97.83

98.79

100.82

102.74

Jun EC


D

127.80

128.83

129.43

130.34

131.43

133.00

Jun 10 Year


D

131.06

131.27

131.23

132.05

132.24

133.13

Jun 30 Year


D

142.25

144.14

144.05

145.03

146.29

148.15

July Soybeans


U

13.41

13.70

14.06

14.30

14.23

14.48

July Corn


U

6.10

6.29

6.38

6.66

6.50

6.65

June Gold


D

1388

1417.5

1423

1446

1477.5

1507

July Silver


D

22.12

23.16

23.49

23.86

24.43

25.06

July Copper


U

321

329

331

338

343

348

June Crude


D

91.97

94.08

94.49

95.83

97.84

99.49

 

 

 

 

 

 

 

 

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