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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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High fear that gas could spike.

07.10.13

Top Day Market News

Last night, there was a report that the Coast Guard was investigating a leaking well in the Gulf of Mexico and this was good for a run of over 60 cents a barrel after the stock market close. Also, the American Petroleum Institute reported another draw in crude stocks by 9 million barrels and gas stocks were lower by 3 million barrels, both bullish data points.

Today is busy with wholesale inventories out at 10 and Department of Energy supply/demand numbers for oil and its products at 10:30 and most importantly, the release of the Federal Open Market Committee meeting minutes at 2pm.


 

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

1638

1351

11642

1658

Sept Nasdaq

U

2865

2914

2960

2986

2991

3019

Sept Yen

D

97.45

98.15

98.81

99.55

100.26

101.52

Sept EC

D

126.33

127.3

127.29

128.75

130.07

131.81

Sept 10 Year

PRD(U)

122.26

123.23

124.29

125.28

126.10

128.00

Sept 30 Year

D

129.05

130.29

132.31

134.00

135.20

13819

Nov Soybeans

PRD(U)

12.06

12.17

12.57

12.90

12.49

12.70

Sept Corn

PRD(U)

5.11

5.18

5.39

5.55

5.39

5.52

Aug Gold

PRD(U)

1172

1197.20

12.33

12.59

1257.3

1292.20

Sept Silver

U

17.78

18.17

18.88

19.43

19.73

20.60

Sept Copper

U

294

301

302

311

315

324

Aug Crude

U

93.51

98.57

102.30

105.98

106.18

108.73