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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

Resource Pages | Friend Pages

Grains drop on good weather.

6.09.2014

Top Day Market News

The non-farm payroll report offered little in the way of surprises. At 217K the report came in line with expectations while the headline number came in at 6.3% and the labor participation rate remains troubling. The market took this report as yet another reason to be complacent and rallied again to fresh highs.

It should be remembered that even though the ECB has lowered rates to yield a negative interest rate for member banks depositing funds with them, the total funds that fall in this category are nominal at best.

No eco release today. Currencies will be rolling to September this week. EC will be sold on rallies.


26 - May 30

Week of June 09 - June 13

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jun 10

10:00

Wholesale  Inventories

Apr

 

0.2%

0.3%

1.1%

 

Jun 10

10:00

JOLTS - Job

Openings

Apr

 

NA

NA

4.014M

 

Jun 11

07:00

MBA Mortgage Index

06/07

 

NA

NA

-3.1%

 

Jun 11

10:30

Crude Inventories

06/07

 

NA

NA

-3.431M

 

Jun 11

14:00

Treasury Budget

May

 

NA

NA

-$138.7B

 

Jun 12

08:30

Initial Claims

06/07

 

320K

315K

312K

 

Jun 12

08:30

Continuing Claims

06/07

 

2625K

2638K

2603K

 

Jun 12

08:30

Retail Sales

May

 

1.3%

0.7%

0.1%

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jun 12

08:30

Retail Sales ex-auto

May

 

0.5%

0.4%

0.0%

 

Jun 12

08:30

Export Prices ex-ag.

May

 

NA

NA

-1.2%

 

Jun 12

08:30

Import Prices ex-oil

May

 

NA

NA

0.0%

 

Jun 12

10:00

Business  Inventories

Apr

 

0.3%

0.4%

0.4%

 

Jun 12

10:30

Natural Gas Inventories

06/07

 

NA

NA

NA

 

Jun 13

08:30

PPI

May

 

0.2%

0.2%

0.6%

 

Jun 13

08:30

Core PPI

May

 

0.2%

0.1%

0.5%

 

Jun 13

09:55

Mich Sentiment

Jun

 

82.5

82.9

81.9

 

 

Numbers below are good up until the close of buiness 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

Support and Resistance Grid

 

 

Trend

WS2

WS1

DS

DR

WR1

WR2

June ES

 

U

1901.75

1925.7

1942

1953

1958.7

1973.75

June Nasdaq

U

 

3676

3738

3783

3807

3831

3862

June Yen

D

 

96.19

97.11

97.34

97.82

98.11

98.61

June EC

D

 

134.33

135.40

136.19

136.75

137.15

137.83

Sept 10 Year Note

D

 

123.08

12.25

124.00

124.25

125.08

125.30

Sept 30 Year Bond

PRD(U)

132.25

134.14

134.30

136.02

136.30

138.17

July Soybeans

D

 

14.19

14.38

14.53

14.70

14.83

15.30

July Corn

D

 

4.35

4.47

4.550

4.63

4.71

4.82

Aug Gold

D

 

1232.20

1242.3

1246

1258

1260.3

1268.20

July Silver

U

18.40

18.70

18.84

19.16

19.25

19.50

July Copper

D

293.90

299.80

299

308

314

323

July Crude

U

100.6

101.69

102.37

103.14

103.78

104.78