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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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A wild ride yesterday

Market News

Top Day Market News

6.12.12

A wild ride yesterday but in retrospect, not totally unexpected. Many want to fade any EC rally as the Spanish bailout merely shifts attention to Italy with its own unique blend of problems. Oil continues under pressure as the US exempts more countries (India and South Korea) from oil dealings with Iran and gold is under pressure from possible deflationary pressures on the other side of the Greek elections on the 17th. Many hold out hope that the Fed will indicate QE3 on June 20th.


Week of June 11 - June 15

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Jun

12

 

08:30

 

Export Prices ex-ag.

 

May

 

 

NA

 

NA

 

0.2%

 

Jun

12

 

08:30

 

Import Prices ex-oil

 

May

 

 

NA

 

NA

 

0.1%

 

Jun

12

 

14:00

 

Treasury Budget

 

May

 

 

NA

 

-$125.0B

 

-$57.6B

 

Jun

13

 

07:00

 

MBA Mortgage Index

 

06/09

 

 

NA

 

NA

 

1.3%

 

Jun

13

 

08:30

 

Retail Sales

 

May

 

 

-0.3%

 

-0.2%

 

0.1%

 

Jun

13

 

08:30

 

Retail Sales ex-auto

 

May

 

 

-0.1%

 

0.0%

 

0.1%

 

Jun

13

 

08:30

 

PPI

 

May

 

 

-0.4%

 

-0.7%

 

-0.2%

 

Jun

13

 

08:30

 

Core PPI

 

May

 

 

0.1%

 

0.2%

 

0.2%

 

Jun

13

 

10:00

 

Business Inventories

 

Apr

 

 

0.2%

 

0.2%

 

0.3%

 

Jun

13

 

10:30

 

Crude Inventories

 

06/09

 

 

NA

 

NA

 

-0.111M

 

Jun

14

 

08:30

 

Initial Claims

 

06/09

 

 

375K

 

375K

 

377K

 


 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Jun

14

 

08:30

 

Continuing Claims

 

06/02

 

 

3250K

 

3275K

 

3293K

 

Jun

14

 

08:30

 

CPI

 

May

 

 

-0.3%

 

-0.2%

 

0.0%

 

Jun

14

 

08:30

 

Core CPI

 

May

 

 

0.1%

 

0.1%

 

0.2%

 

Jun

14

 

08:30

Current Account

Balance

 

Q1

 

 

-$130.0B

 

-$130.9B

-

$124.1B

 

Jun

15

 

08:30

Empire

Manufacturing

 

Jun

 

 

10.0

 

13.5

 

17.1

 

Jun

15

 

09:00

Net Long-Term TIC Flows

 

Apr

 

 

NA

 

NA

 

$36.2B

 

Jun

15

 

09:15

 

Industrial Production

 

May

 

 

0.1%

 

0.1%

 

1.1%

 

Jun

15

 

09:15

 

Capacity Utilization

 

May

 

 

79.2%

 

79.1%

 

79.2%

 

Jun

15

 

09:55

 

Mich Sentiment

 

Jun

 

 

77.0

 

77.0

 

79.3

 

 


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

Sept ES

U

1241.50

1281.50

1286

1328

1342.5

0

1363.25

Sept Nasdaq

U

2387.50

2472.25

2479.50

2569.25

2603.2

5

2649.50

June Yen


Prd(u)

123.50

124.70

125.19

126.35

127.62

129.40

June EC


D

122.65

123.86

123.61

126.19

126.76

127.47

Sept 10 Year


D

132.02

132.27

132.29

134.25

134.17

135.20

Sept 30 Year


D

145.08

147.14

147.18

150.12

151.15

154.10

Nov Soybeans


U

12.07

12.70

13.18

13.46

13.63

14.07

Sept Corn


U

5.02

5.265

5.29

5.48

5.63

5.76

Aug Gold

U

1511.90

1553.50

1569.6

1609.8

1639.5

0

1683.90

July Silver


D

26.78

27.62

28.24

28.99

29.57

30.69

July Copper


D

313

322

325

339

341

352

July Crude


U

78.37

81.35

8032.

85.85

87.17

90.01

 

 

 

 

 

 

 

 

 
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