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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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The possible military response against Syria remains on the front burner.

09-04-2013

Top Day Market News

Welcome to Wednesday that feels like a Tuesday. The main feature to the day will be the release of the Fed’s beige book at 2PM. Overnight, Aussie and Canada are momentarily higher on improved prospects for Chinese growth while crude and gold are under profit taking pressures. Finally, after Monday’s “half trading day” the market has had time to recycle and get back to establishing truer trading ranges. The possible military response against Syria remains on the front burner. 39.1 billion trade deficit is a four year best.


 

Week of September 02 - September 06

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

Sep 03

10:00

ISM Index

Aug

53.0

53.6

55.4

Sep 03

10:00

Construction  Spending

Jul

0.3%

0.5%

-0.6%

Sep 04

07:00

MBA Mortgage Index

08/31

NA

NA

-2.5%

Sep 04

08:30

Trade Balance

Jul

-$41.5B

-$38.2B

-$34.2B

Sep 04

14:00

Auto Sales

Aug

NA

NA

5.6M

Sep 04

14:00

Truck Sales

Aug

NA

NA

6.8M

Sep 04

14:00

Fed's Beige Book

Sep

NA

NA

NA

Sep 05

07:30

Challenger Job Cuts

Aug

NA

NA

2.3%

Sep 05

08:15

ADP Employment Change

Aug

210K

180K

200K

Sep 05

08:30

Initial Claims

08/31

335K

333K

331K

Sep 05

08:30

Continuing Claims

08/24

2975K

2977K

2989K

               

 

 

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

Sep 05

08:30

Productivity-Rev.

Q2

1.8%

1.5%

0.9%

Sep 05

08:30

Unit Labor Costs

Q2

1.0%

1.0%

1.4%

Sep 05

10:00

Factory Orders

Jul

-4.0%

-3.7%

1.5%

Sep 05

10:00

ISM Services

Aug

54.0

54.5

56.0

Sep 05

10:30

Natural Gas Inventories

08/31

NA

NA

67 bcf

Sep 05

11:00

Crude Inventories

08/31

NA

NA

2.986M

Sep 06

08:30

Nonfarm Payrolls

Aug

210K

177K

162K

Sep 06

08:30

Nonfarm Private  Payrolls

Aug

215K

180K

161K

Sep 06

08:30

Unemployment Rate

Aug

7.5%

7.4%

7.4%

Sep 06

08:30

Hourly Earnings

Aug

0.2%

0.2%

-0.1%

Sep 06

08:30

Average Workweek

Aug

34.5

34.5

34.4


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

D

1598.75

1615.50

1629

1649

1658.0

1684.00

Sept Nasdaq

PRD(D)

2998

3038

3070

3107

3133.5

3187.75

Sept Yen

U

99.99

100.93

99.85

101.48

103.05

104.23

Sept EC

D

10.33

131.20

131.29

132.18

133.47

134.87

DEC 10 Year

PRD(D)

122.31

123.19

123.02

123.31

124.26

125.12

DEC 30 Year

U

129.16

130.23

129.10

131.10

132.20

133.10

Nov Soybeans

D

13.07

13.32

13.60

14.04

13.96

14.34

Dec Corn

D

4.56

4.69

4.65

4.89

5.01

5.20

Dec Gold

U

1360.60

1378.40

1384

1427

1424

1451.8

Dec Silver

D

22.29

22.92

22.61

24.93

24.67

25.79

Dec Copper

D

311

317

325

333

334

345

Oct Crude

D

101.84

104.90

105.55

110.17

111.48

115.20