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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 today should move the needle.

9.12.2014

Top Day Market News

Retail sales today should move the needle. The final data point of the week will be the HFT favorite, the University of Michigan consumer confidence number at 9:55 am.

Oil had a short covering rebound yesterday on statements from Putin regarding the Ukraine. Other than that, markets continue to deleverage in front of next week’s event risk. The market is anticipating interest rate decisions and monetary policy decisions by Central Banks. Looking back, the dollar has been in a 9 week rally which is the longest stretch of strength in 15 years.

 

Week of


September 08-

12

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 08

15:00

Consumer Credit

Jul

 

$17.0B

$17.8B

$17.3B

 

Sep 09

10:00

JOLTS - Job Openings

Jul

 

NA

NA

4.671M

 

Sep 10

07:00

MBA Mortgage Index

09/06

 

NA

NA

0.2%

 

Sep 10

10:00

Wholesale  Inventories

Jul

 

0.4%

0.5%

0.3%

 

Sep 10

10:30

Crude Inventories

09/06

 

NA

NA

-0.905M

 

Sep 11

08:30

Initial Claims

09/06

 

310K

300K

302K

 

Sep 11

08:30

Continuing Claims

08/30

 

2500K

2495K

2464K

 

Sep 11

10:30

Natural Gas Inventories

09/06

 

NA

NA

79 bcf

 

Sep 11

14:00

Treasury Budget

Aug

 

NA

NA

-$147.9B

 

Sep 12

08:30

Retail Sales

Aug

 

0.3%

0.6%

0.0%

 

Sep 12

08:30

Retail Sales ex-auto

Aug

 

0.3%

0.3%

0.1%

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 12

08:30

Export Prices ex-ag.

Aug

 

NA

NA

0.3%

 

Sep 12

08:30

Import Prices ex-oil

Aug

 

NA

NA

0.0%

 

Sep 12

09:55

Mich Sentiment

Sep

 

83.5

83.5

82.5

 

Sep 12

10:00

Business  Inventories

Jul

 

0.3%

0.4%

0.4%

 


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

1979

1993

1988

2002

2016

2025

Sept Nasdaq

U

4023

4056

4068

4105

41118

4147

Dec Yen

D

93.42

94.48

93.05

93.76

95.93

96.72

Dec EC

D

127.71

128.61

128.79

129.61

131.01

132.51

Dec 10 Year Note

D

124.06

124.20

124.04

124.22

125.20

126.06

Dec 30 Year Bond

D

136.12

137.06

136.15

137.22

139.15

141.30

Nov Soybeans

D

9.834

10.02

9.69

9.94

10.39

10.57

Dec Corn

U

3.326

3.44

3.35

3.45

3.67

3.794

Dec Gold

D

1239.80

1254.50

1226

1248

1287.4

1305.60

Dec Silver

D

18.72

18.92

18.30

18.86

19.51

19.81

Dec Copper

U

310.80

314

303

311

318

320.55

Oct Crude

D

90.78

93.11

91.02

94.03

95.34

97.40