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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

University of Michigan consumer confidence figure released early to paying customers.

Market News

06.14.13

Top Day Market News 

The Producer Price Index comes in at +0.5%, a number which can be read several ways. His number did not have an immediate response by the markets except to trim, slightly the strength in the bond market.

Overnight, the FTSE, Dax and CAC were all better by .07, .39 and .18 while the Nikkei was better by 1.94%.

Yesterday’s biggest head fake, was the fact that the third treasury auction went badly just as badly as the second leg of the refunding but the bond market really motors higher into the close. The other chop and slop yesterday was of course the rollovers from June to September futures contracts. This created a lot of heat and little light.

We also get industrial production and capacity utilization at 9:15 AM and the University of Michigan’s consumer sentiment index which has suddenly become the focus of high frequency trading as certain traders have been able to buy the information ahead of its actual release thereby gaining a trading edge.

 

Week of June 10 - June 14

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Jun 11

 

10:00

 

Wholesale Inventories

 

Apr

 

 

0.2%

 

0.2%

 

0.4%

 

 

Jun 12

 

07:00

 

MBA Mortgage Index

 

06/08

 

 

NA

 

NA

 

-11.5%

 

 

Jun 12

 

10:30

 

Crude Inventories

 

06/08

 

 

NA

 

NA

 

-6.267M

 

 

Jun 12

 

14:00

 

Treasury Budget

 

May

 

 

-$139.0B

 

-$139.0B

-

$124.6B

 

 

Jun 13

 

08:30

 

Initial Claims

 

06/08

 

 

350K

 

345K

 

346K

 

 

Jun 13

 

08:30

 

Continuing Claims

 

06/01

 

 

2975K

 

2973K

 

2952K

 

 

Jun 13

 

08:30

 

Retail Sales

 

May

 

 

0.1%

 

0.3%

 

0.1%

 

 

Jun 13

 

08:30

 

Retail Sales ex-auto

 

May

 

 

0.1%

 

0.3%

 

-0.2%

 

-0.1%

 

Jun 13

 

08:30

 

Export Prices ex-ag.

 

May

 

 

NA

 

NA

 

-0.5%

 

 

Jun 13

 

08:30

 

Import Prices ex-oil

 

May

 

 

NA

 

NA

 

-0.2%

 

 

Jun 13

 

10:00

 

Business Inventories

 

Apr

 

 

0.2%

 

0.2%

 

0.0%

 

 

Jun 13

 

10:30

 

Natural Gas Inventories

 

06/08

 

 

NA

 

NA

 

111 bcf

 

 

Jun 14

 

08:30

 

PPI

 

May

 

 

0.2%

 

0.1%

 

-0.7%

 

 

Jun 14

 

08:30

 

Core PPI

 

May

 

 

0.2%

 

0.1%

 

0.1%

 

 

Jun 14

 

08:30

 

Current Account Balance

 

Q1

 

 

-$112.0B

 

-$111.5B

-

$110.4B

 

 

Jun 14

 

09:15

 

Industrial Production

 

May

 

 

0.1%

 

0.1%

 

-0.5%

 

 

Jun 14

 

09:15

 

Capacity Utilization

 

May

 

 

77.9%

 

77.8%

 

77.8%

 

 

Jun 14

 

09:55

 

Mich Sentiment

 

Jun

 

 

81.5

 

83.0

 

84.5

 

 

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

Sep ES

 

U

1576

1608

1604

1645

1657

1676

Sep Nasdaq

 

U

2871

2928

2938

2983

3024

3064

Sep JY

 

U

96.40

99.52

104.28

106.69

105.52

108.40

Sep EC

 

U

128.11

130.17

137.79

134.05

133.68

135.13

Sept 10 Year

 

D

127..29

128.16

128.18

129.28

130.02

131.01

Sept 30 Year

 

D

137.12

138.18

138.25

140.17

141.22

143.22

July Soybeans

 

U

14.88

15.008

14.965

15.33

15.48

15.66

July Corn

 

U

6.31

6.48

6.38

6.88

6.78

6.915

Aug Gold

 

D

1348.7

1365

1369

1390.4

1412.7

1441.1

July Silver

 

D

20.61

21.12

21.41

21.83

22.53

23.42

July Copper

 

D

315

321

314

323

336

345

July Crude

 

U

89.50

92.58

95.55

97.40

98.01

99.76