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

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Crude continues to be pressured by a stronger dollar.

8.04.2014

Top Day Market News

No economic releases today. Euro continues to probe lower and is trading at eight month lows. Crude continues to be pressured by a stronger dollar. Non-farm payrolls came in less than expected. Some had feared a number closer to 300K rather than the 218K that came in. This was an equity market positive as it turned back expectations that the Fed would be motivated to raise rates sooner than later.

Week o

f Augus

t 04 - August 08

 

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Aug 05

10:00

Factory Orders

Jun

 

0.4%

0.5%

-0.5%

 

Aug 05

10:00

ISM Services

Jul

 

56.5

56.5

56.0

 

Aug 06

07:00

MBA Mortgage Index

08/02

 

NA

NA

-2.2%

 

Aug 06

08:30

Trade Balance

Jun

 

-$45.1B

-$45.2B

-

$44.4B

 

Aug 06

10:30

Crude Inventories

08/02

 

NA

NA

- 3.697M

 

Aug 07

08:30

Initial Claims

08/02

 

310K

308K

302K

 

Aug 07

08:30

Continuing Claims

07/26

 

2525K

2525K

2539K

 

Aug 07

10:30

Natural Gas Inventories

08/02

 

NA

NA

88 bcf

 

Aug 07

15:00

Consumer Credit

Jun

 

$15.0B

$15.8B

$19.6B

 

Aug 08

08:30

Productivity-Prel

Q2

 

2.0%

1.4%

-3.2%

 

Aug 08

08:30

Unit Labor Costs

Q2

 

2.0%

2.0%

5.7%

 

Aug 08

10:00

Wholesale  Inventories

Jun

 

0.3%

0.4%

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

Prd(D)

1866

1891

1908

1942

1960

2004

Sept Nasdaq

PRD(D)

3764

3817

3846

6900

3952

4035

Sept Yen

D

96.30

96.88

97.15

97.82

98.18

98.90

Sept EC

D

133.38

133.86

133.91

134.59

134.64

134.85

Sept 10 Year Note

D

123.25

124.18

124.21

125.20

125.24

126.06

Sept 30Year Bond

U

135.08

136.22

137.00

138.20

139.11

140.18

Nov Soybeans

D

10.16

10.37

105.0

10.73

10.98

11.37

Sept Corn

D

3.40

3.462

3.49

3.57

3.64

3.754

Dec Gold

D

1263.30

1279.2

1284

1301

1312

1330

Sept Silver

D

19.57

20.10

20.24

20.55

20.70

21.67

Sept Copper

D

317

319

319

324

325

328

Sept Crude

D

93.92

95.77

97.80

98.70

100.75

103.94