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

Dollar remains strong.

07.09.13

Top Day Market News

No economic releases today. IBM sees a downgrade. Dollar remains strong. The UAE pledges $3 billion in aid to Egypt.

This seems to be a period of extremes with the dollar at a three year high (coincident with higher short term rates) and crude at 14 month highs.

The IMF will be releasing an updated world economic forecast later today which will get coverage. Disappointing manufacturing numbers in the UK pressures the Pound. Canadian housing starts better than expected.


 

Week of July 08 - July 12

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

Jul 08

15:00

Consumer Credit

May

 

NA

NA

$11.1B

 

 Jul 10

 07:00

MBA Mortgage Index

 07/06

 

 NA

 NA

 -11.7%

 

Jul 10

 10:00

Wholesale Inventories

 May

 

 NA

 NA

 0.2%

 

 Jul 10

 10:30

 Crude Inventories

 07/06

 

 NA

 NA

-10.347M

 

Jul 10

14:00

FOMC Minutes

6/19

 

 

 

 

 

Jul 11

08:30

Initial Claims

07/06

 

NA

NA

343K

 

Jul 11

08:30

Continuing Claims

06/29

 

NA

NA

2933K

 

Jul 11

08:30

Export Prices ex-ag.

Jun

 

NA

NA

-0.7%

 

Jul 11

08:30

Import Prices ex-oil

Jun

 

NA

NA

-0.3%

 

 Jul 11

 10:30

Natural Gas Inventories

 07/06

 

 NA

 NA

 72 bcf

 

Jul 11

14:00

Treasury Budget

Jun

 

NA

NA

-$59.7B

 

Jul 12

08:30

PPI

Jun

 

NA

NA

0.5%

 

Jul 12

08:30

Core PPI

Jun

 

NA

NA

0.1%

 

Jul 12

09:55

Mich Sentiment

Jul

 

NA

NA

51.6

 

                   

 

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

1580

1604

1627

1647

11642

1658

Sept Nasdaq

U

2865

2914

2945

2975

2991

3019

Sept Yen

D

97.45

98.15

98.21

99.38

100.26

101.52

Sept EC

D

126.33

127.3

128.33

129.04

130.07

131.81

Sept 10 Year

D

122.26

123.23

124.20

125.02

126.10

128.00

Sept 30 Year

D

129.05

130.29

132.16

134.03

135.20

13819

Nov Soybeans

D

12.06

12.17

12.33

12.72

12.49

12.70

Sept Corn

D

5.11

5.18

5.26

5.42

5.39

5.52

Aug Gold

D

1172

1197.20

1221

1251.9

1257.3

1292.20

Sept Silver

U

17.78

18.17

18.71

19.58

19.73

20.60

Sept Copper

U

294

301

303

312

315

324

Aug Crude

U

93.51

98.57

102.14

104.13

106.18

108.73