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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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Big number of the day is Consumer Confidence.

6.24.2014

Top Day Recommendations

Big number of the day is Consumer Confidence which, if the number reflects recent trends, should be soft. I don’t know if this number will reflect recent events in Iraq. Oil has recently lost some of its fear premium while currency volatility, like stock volatility, remains very low. Some have now called the VIX a broken indicator but it’s doubtful that human nature and its cyclic behavior of fear, hope and greed has been removed from the collective DNA.


Week

of June

23 - June 27

 

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jun 23

10:00

Existing Home Sales

May

 

4.70M

4.80M

4.65M

 

Jun 24

09:00

Case-Shiller 20-city Index

Apr

 

12.0%

11.6%

12.4%

 

Jun 24

09:00

FHFA Housing Price Index

Apr

 

NA

NA

0.7%

 

Jun 24

10:00

New Home Sales

May

 

425K

440K

433K

 

Jun 24

10:00

Consumer  Confidence

Jun

 

83.5

84.0

83.0

 

Jun 25

07:00

MBA Mortgage Index

06/21

 

NA

NA

-9.2%

 

Jun 25

08:30

Durable Orders

May

 

0.5%

0.4%

0.6%

0.8%

Jun 25

08:30

Durable Goods –ex  transportation

May

 

0.5%

0.4%

0.3%

0.1%

Jun 25

08:30

GDP - Third Estimate

Q1

 

-1.8%

-1.8%

-1.0%

 

Jun 25

08:30

GDP Deflator - Third  Estimate

Q1

 

1.3%

1.3%

1.3%

 

Jun 25

10:30

Crude Inventories

06/21

 

NA

NA

- 0.579M

 

Jun 26

08:30

Initial Claims

06/21

 

315K

310K

312K

 

Jun 26

08:30

Continuing Claims

06/14

 

2575K

2588K

2561K

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jun 26

08:30

Personal Income

May

 

0.4%

0.4%

0.3%

 

Jun 26

08:30

Personal Spending

May

 

0.3%

0.4%

-0.1%

 

Jun 26

08:30

PCE Prices - Core

May

 

0.2%

0.2%

0.2%

 

Jun 26

10:30

Natural Gas Inventories

06/21

 

NA

NA

113 bcf

 

Jun 27

09:55

Michigan Sentiment -  Final

Jun

 

82.5

81.7

81.2

 

 

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

Sept ES

U

1905

1929

1944.50

1958

1967

1980

Sept Nasdaq

U

3729

3761

3774

3806

3841

3855

Sept Yen

U

97.24

97.61

98.00

98.44

98.36

98.79

Sept EC

D

134.56

135.26

135.83

136.40

136.57

137.18

Sept 10 Year Note

D

123.09

123.25

124.04

124.20

124.27

125.06

Sept 30 Year Bond

U

132.23

134.17

135.03

136.09

136.08

137.05

Aug Soybeans

D

12.25

12.44

13.36

13.79

12.74

12.80

Sept Corn

U

4.25

4.36

4.29

4.48

4.54

4.60

Aug Gold

U

1234

1274

1313

1324

1338

1362

July Silver

U

18.93

19.92

20.84

21.15

21.45

22.00

July Copper

U

299

305

312

317

315.50

319.50

July Crude

U

104.40

105.50

104.90

107.00

107.31

108.00