Free $25 Commodity Investor Kit

Includes : Charts, Market Information, Informative News Articles, Market Alerts, Exchange Brochures, Research, Managed Futures Information, and much more!!

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

This is a high volatility period of time.

Market News

06.25.13

Top Day Market News

Durable goods orders come in better than expected at 3.6%. We also get Case Shiller housing data at 9 and Consumer Confidence and New Home Sales at 10. Overnight, stocks trade higher and the durable goods number helps continue that momentum. Price action yesterday of note was the rebound in the Bond market from the lows. The market had fallen 7 ½ points from the highs, a considerable move. Consumer confidence is expected to be a bit lower from last month’s elevated reading. This is a high volatility period of time. The one way to navigate times like these is to reduce contract size.

 

 

Week of June 24 - June 28

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Jun 25

 

08:30

 

Durable Orders

 

May

 

 

4.5%

 

3.0%

 

3.5%

 

3.3%

 

Jun 25

 

08:30

 

Durable Goods –ex transportation

 

May

 

 

-0.6%

 

-0.5%

 

1.5%

 

1.3%

 

Jun 25

 

09:00

 

Case-Shiller 20-city Index

 

Apr

 

 

10.5%

 

10.5%

 

10.9%

 

 

Jun 25

 

09:00

 

FHFA Housing Price Index

 

Apr

 

 

NA

 

NA

 

1.3%

 

 

Jun 25

 

10:00

 

Consumer Confidence

 

Jun

 

 

72.0

 

74.9

 

76.2

 

 

Jun 25

 

10:00

 

New Home Sales

 

May

 

 

470K

 

460K

 

454K

 

 

Jun 26

 

07:00

 

MBA Mortgage Index

 

06/22

 

 

NA

 

NA

 

-3.3%

 

 

Jun 26

 

08:30

 

GDP - Third Estimate

 

Q1

 

 

2.4%

 

2.4%

 

2.4%

 

 

 

Jun 26

 

08:30

 

GDP Deflator - Third Estimate

 

Q1

 

 

1.1%

 

1.1%

 

1.1%

 

 

Jun 26

 

10:30

 

Crude Inventories

 

06/22

 

 

NA

 

NA

 

0.313M

 

 

Jun 27

 

08:30

 

Initial Claims

 

06/22

 

 

345K

 

345K

 

354K

 

 

Jun 27

 

08:30

 

Continuing Claims

 

06/15

 

 

2975K

 

2958K

 

2951K

 

 

Jun 27

 

08:30

 

Personal Income

 

May

 

 

0.1%

 

0.2%

 

0.0%

 

 

Jun 27

 

08:30

 

Personal Spending

 

May

 

 

0.4%

 

0.4%

 

0.2%

 

 

Jun 27

 

08:30

 

PCE Prices - Core

 

May

 

 

0.2%

 

0.1%

 

0.0%

 

 

Jun 27

 

10:00

 

Pending Home Sales

 

May

 

 

1.5%

 

1.5%

 

0.3%

 

 

Jun 27

 

10:30

 

Natural Gas Inventories

 

06/22

 

 

NA

 

NA

 

91 bcf

 

 

Jun 28

 

09:45

 

Chicago PMI

 

Jun

 

 

52.0

 

55.5

 

58.7

 

 

Jun 28

 

09:55

 

Michigan Sentiment - Final

 

Jun

 

 

81.0

 

82.6

 

82.7

 

 

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

D

1522.50

1553.25

1551

1583

1631.50

1679.50

Sep Nasdaq

D

2750

2807

2817

2870

2960

3056

Sep JY

D

99.01

100.07

101.51

103.11

105.11

107.89

Sep EC

D

129.04

130.25

130.80

131.65

133.45

135.44

Sept 10 Year

D

123.19

124.28

125.07

126.31

128.21

131.03

Sept 30 Year

D

130.11

131.25

133.18

136.13

138.31

142.28

July Soybeans

D

14.62

14.92

12.60

12.80

15.19

15.45

July Corn

D

6.33

6.47

5.75

5.84

6.79

6.97

Aug Gold

D

1196.50

1247

1267.90

1293.50

1369

1441

July Silver

D

12.72

18.88

19.19

19.98

21.63

23.21

July Copper

D

290

300

292

308

322

333

July Crude

D

89.33

91.64

93.37

96.29

97.73

100.50

               

 News