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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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Expect tight ranges and positioning ahead of the FOMC meeting.

07-30-2013

Top Day Market News

One more day of waiting for the fireworks of Wednesday and Friday.

Expect tight ranges and positioning ahead of the FOMC meeting and the Unemployment report. At least with this rate decision, there won’t be a news conference in its wake.

Dollar is mixed with Aussie lower, given its China exposure, and EC and Swiss better.

 

Week of July 29 - August 02

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

Jul 29

10:00

Pending Home Sales

Jun

 

-1.0%

-1.7%

6.7%

 

 Jul 30

 09:00

Case-Shiller 20-city Index

 May

 

 10.0%

 10.5%

 12.1%

 

Jul 30

10:00

Consumer Confidence

Jul

 

83.5

81.6

81.4

 

Jul 31

07:00

MBA Mortgage Index

07/27

 

NA

NA

-1.2%

 

Jul 31

08:15

ADP Employment Change

 Jul

 

 175K

 175K

 188K

 

Jul 31

08:30

GDP-Adv.

Q2

 

-0.7%

1.1%

1.8%

 

Jul 31

08:30

Chain Deflator-Adv.

Q2

 

1.6%

1.2%

1.2%

 

 Jul 31

 08:30

Employment Cost Index

 Q2

 

 0.4%

 0.4%

 0.3%

 

Jul 31

09:45

Chicago PMI

Jul

 

51.5

51.5

51.6

 

 Jul 31

 10:30

 Crude Inventories

 07/27

 

 NA

 NA

-2.825M

 

Jul 31

14:00

FOMC Rate Decision

Jul

 

0.25%

0.25%

0.25%

 

Aug 01

 07:30

 Challenger Job Cuts

 Jul

 

 NA

 NA

 4.8%

 

Aug 01

 08:30

 Initial Claims

 07/27

 

 345K

 345K

 343K

 

Aug 01

 08:30

 Continuing Claims

 07/20

 

 2995K

 2995K

 2997K

 

                   

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

Aug 01

 10:00

 ISM Index

 Jul

 

 51.5

 51.5

 50.9

 

Aug 01

 10:00

Construction Spending

 Jun

 

 -0.3%

 0.2%

 0.5%

 

Aug 01

 10:30

Natural Gas Inventories

 07/27

 

 NA

 NA

 41 bcf

 

Aug 01

 14:00

 Auto Sales

 Jul

 

 NA

 NA

 5.7M

 

Aug 01

 14:00

 Truck Sales

 Jul

 

 NA

 NA

 6.8M

 

Aug 02

 08:30

 Nonfarm Payrolls

 Jul

 

 175K

 175K

 195K

 

Aug 02

 08:30

Nonfarm Private Payrolls

Jul

 

 190K

 195K

 202K

 

Aug 02

 08:30

 Unemployment Rate

 Jul

 

 7.6%

 7.5%

 7.6%

 

Aug 02

 08:30

 Hourly Earnings

 Jul

 

 0.2%

 0.2%

 0.4%

 

Aug 02

 08:30

 Average Workweek

 Jul

 

 34.5

 34.5

 34.5

 

Aug 02

 08:30

 Personal Income

 Jun

 

 0.6%

 0.5%

 0.5%

 

Aug 02

 08:30

 Personal Spending

 Jun

 

 0.4%

 0.4%

 0.3%

 

Aug 02

 08:30

 PCE Prices - Core

 Jun

 

 0.2%

 0.2%

 0.1%

 

Aug 02

 10:00

 Factory Orders

Jun

 

 2.3%

 2.2%

 2.1%

 


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

1659

1673

1676

1688

1698

1709

Sept Nasdaq

U

3006

3040

3055

3077

3090

3106

Sept Yen

U

98.41

100.13

101.39

102.53

102.84

103.83

Sept EC

U

130.70

131.70

132.40

132.97

133.30

133.90

Sept 10 Year

D

125.15

126.02

126.10

126.24

127.09

127.29

Sept 30 Year

D

132.08

133.15

133.21

134.26

135.31

137.08

Nov Soybeans

D

11.55

11.91

11.99

12.29

12.80

13.32

Sept Corn

D

4.55

4.73

4.85

4.95

5.27

5.63

Aug Gold

U

1272

1303

1321

1336

1356

1379

Sept Silver

U

18.91

19.42

19.61

20.15

20.52

21.11

Sept Copper

U

305

310

307

312

319

324

Sept Crude

U

100.86

102.72

103.09

105.30

107.42

110.30