Free $25 Commodity Investor Kit

Includes : Charts, Market Information, Informative News Articles, Market Alerts, Exchange Brochures, Research, Managed Futures Information, and much more!!

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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Russian stocks still down 8.5% for the year.

5.23.2014

Top Day Market News

Canadian Core Consumer Price Index at 8:30 am and finally US New Home Sales at 10 will wrap up this week of slow eco data flow.

Business confidence in Germany falls and with it the EC to a three month low. The Krona also falls for the same reason. Meanwhile, the MSCI Russian stock basket has counterintuitively rallied 22% since the imposition of sanctions around March 17th after Russia annexed the Crimea. Russian stocks still down 8.5% for the year.

This is a getaway day ahead of the Memorial Day market holiday on Monday.

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

May 21

07:00

MBA Mortgage Index

05/17

 

NA

NA

3.6%

 

May 21

10:30

Crude Inventories

05/17

 

NA

NA

0.947M

 

May 21

14:00

FOMC Minutes

4/30

 

 

 

 

 

May 22

08:30

Initial Claims

05/17

 

320K

305K

297K

 

May 22

08:30

Continuing Claims

05/12

 

2700K

2700K

2667K

 

May 22

10:00

 

Existing Home Sales

Apr

 

4.62M

4.66M

4.59M

 

 

May 22

10:00

Leading Indicators

Apr

 

0.3%

0.5%

0.8%

 

May 22

10:30

Natural Gas Inventories

05/17

 

NA

NA

105 bcf

 

May 23

10:00

New Home Sales

Apr

 

400K

415K

384K

 

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 ES

U

1838

1856

1884

1895

1896

1917

June Nasdaq

PRD(U)

3498

3541

3633

3661

3625

3666

June Yen

PRD(D)

97.29

97.91

97.94

98.53

98.95

99.37

June EC

D

135.74

136.38

136.19

136.76

137.65

138.33

June 10 Year Note

PRD(D)

124.00

124.28

125.16

125.26

126.13

127.11

June 30 Year Bond

PRD(D)

133.30

135.22

136.06

137.05

138.21

139.28

July Soybeans

PRD(U)

14.38

14.51

15.022

15.36

14.97

15.03

July Corn

PRD(U)

4.64

4.73

4.72

4.82

4.99

5.16

June Gold

D

1261.7

1277

1282.40

1302.70

1308.7

1324.7

July Silver

D

18.51

18.93

19.31

19.77

19.89

20.42

July Copper

U

304

309.40

312.30

317.40

138.30

323.00

July Crude

U

98.26

99.58

103.17

104.50

102.70

103.70