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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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Markets continue to digest the US non-farm payroll report and the ECB rate decision.

6.10.2014

Top Day Market News

Markets continue to digest the US non-farm payroll report and the ECB rate decision. It’s obvious to many that the ECB have finished cutting rates (they are no negative). The ECB balance sheet is far smaller than that of the FED as member banks are being charged if they deposit money with it. Currency volatility has plunged and carry trades are in vogue: buy the high yield currencies and sell the low yields (the EC).

Today is yet another slow economic release day with just wholesale inventories at 10.

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%

 

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%

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

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 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

Support and Resistance Grid

 

 

 

Trend

WS2

WS1

DS

DR

WR1

WR2

June ES

 

U

1901.75

1925.7

1941

1954

1958.7

1973.75

June Nasdaq

U

 

3676

3738

3773

3803

3831

3862

June Yen

D

 

96.19

97.11

97.40

97.80

98.11

98.61

June EC

D

 

134.33

135.40

135.57

136.44

137.15

137.83

Sept 10 Year Note

D

 

123.08

12.25

124.01

124.17

125.08

125.30

Sept 30 Year Bond

D

 

132.25

134.14

134.31

135.25

136.30

138.17

July Soybeans

D

 

14.19

14.38

14.49

14.72

14.83

15.30

July Corn

D

 

4.35

4.47

4.45

4.57

4.71

4.82

Aug Gold

D

 

1232.20

1242.3

1248.5

1256.90

1260.3

1268.20

July Silver

U

 

18.40

18.70

18.97

19.17

19.25

19.50

July Copper

D

 

293.90

299.80

302

306

314

323

July Crude

U

100.6

101.69

103.25

105.20

103.78

104.78