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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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Retail sales will be important on Tuesday.

7.14.2014

Top Day Market News

No eco releases today.

Retail sales will be important on Tuesday as it speaks to consumer health and 2/3rds of GDP is consumer driven. Two notable features of last week: bonds recovered all of their losses after the stronger than expected non-farm payroll number and the collapse in crude prices even as Iraq remains a very fluid situation. Biggest expected spread from high to this week projects to be crude oil.

 

Week

of July

14 - July 18

 

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jul 15

08:30

Retail Sales

Jun

 

0.7%

0.7%

0.3%

 

Jul 15

08:30

Retail Sales ex-auto

Jun

 

0.6%

0.6%

0.1%

 

Jul 15

08:30

Empire Manufacturing

Jul

 

10.0

13.2

19.3

 

Jul 15

08:30

Export Prices ex-ag.

Jun

 

NA

NA

0.1%

 

Jul 15

08:30

Import Prices ex-oil

Jun

 

NA

NA

0.0%

 

Jul 15

10:00

Business Inventories

May

 

0.5%

0.6%

0.6%

 

Jul 16

07:00

MBA Mortgage Index

07/12

 

NA

NA

1.9%

 

Jul 16

08:30

PPI

Jun

 

0.2%

0.2%

-0.2%

 

Jul 16

08:30

Core PPI

Jun

 

0.2%

0.2%

-0.1%

 

Jul 16

09:00

Net Long-Term TIC Flows

May

 

NA

NA

-

$24.2B

 

Jul 16

09:15

Industrial Production

Jun

 

0.4%

0.4%

0.6%

 

Jul 16

09:15

Capacity Utilization

Jun

 

79.2%

79.2%

79.1%

 

Jul 16

10:00

NAHB Housing Market Index

Jul

 

50

50

49

 

Jul 16

10:30

Crude Inventories

07/12

 

NA

NA

- 2.370M

 

Jul 16

14:00

Fed's Beige Book

Jul

 

 

 

 

 

Jul 17

08:30

Initial Claims

07/12

 

315K

311K

304K

 

Jul 17

08:30

Continuing Claims

07/05

 

2575K

2563K

2584K

 

Jul 17

08:30

Housing Starts

Jun

 

975K

1020K

1001K

 

Jul 17

08:30

Building Permits

Jun

 

1025K

1037K

991K

 

Jul 17

10:00

Philadelphia Fed

Jul

 

10.0

12.5

17.8

 

Jul 17

10:30

Natural Gas Inventories

07/12

 

NA

NA

93 bcf

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Jul 18

09:55

Mich Sentiment

Jul

 

87.0

84.0

82.5

 

Jul 18

10:00

Leading Indicators

Jun

 

0.6%

0.5%

0.5%

 

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

1929.50

1946

1955

1970

1978

1994

Sept Nasdaq

U

3798

3846

3879

3916

3933

3966

Sept Yen

U

97.45

98.12

98.27

98.91

99.22

99.65

Sept EC

U

135.40

135.76

135.95

136.28

136.51

136.90

Sept 10 Year Note

U

123.16

124..1

1

124.28

125.12

125.75

126.11

Sept 30 Year Bond

U

133.28

135.21

137.01

137.21

138.15

139.16

Aug Soybeans

D

1084

11.40

11.57

12.26

12.70

13.45

Sept Corn

D

10.84

11.40

11.57

12.36

12.70

13.45

Aug Gold

U

1298.20

1319

1331

1342

1353

1367

Sept Silver

D

20.56

21.13

21.33

21.57

21.80

22.09

Sept Copper

D

320.50

323.90

325

328

330.

332.70

Aug Crude

D

97.95

99.26

99.87

102.35

12.98

105.47