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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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Overnight, the Yen was better.

9.15.2014

Top Day Market News

Unusually, for a Monday, we get several economic releases. At 8:30 we get Empire State Manufacturing, then Industrial Production and Capacity Utilization. The markets are also looking at considerable event risk this week with the Federal Open Market Committee meeting and an expected change in language in their communique regarding their policy and economic outlook. Also, the market is anticipating the Scottish independence vote on the 18th. Overnight, the Yen was better and the Aussie weaker due to soft Chinese industrial production. Copper followed suit to reflect this fact as well. If you haven’t already, roll stock index futures to December.


Week

of

September 15 -

 19

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 15

08:30

Empire Manufacturing

Sep

 

10.0

16.0

14.7

 

Sep 15

09:15

Industrial Production

Aug

 

0.3%

0.3%

0.4%

 

Sep 15

09:15

Capacity Utilization

Aug

 

79.3%

79.3%

79.2%

 

Sep 16

08:30

PPI

Aug

 

0.0%

0.0%

0.1%

 

Sep 16

08:30

Core PPI

Aug

 

0.1%

0.1%

0.2%

 

Sep 16

16:00

Net Long-Term TIC Flows

Jul

 

NA

NA

-$18.7B

 

Sep 17

07:00

MBA Mortgage Index

09/13

 

NA

NA

-7.2%

 

Sep 17

08:30

CPI

Aug

 

0.0%

0.0%

0.1%

 

Sep 17

08:30

Core CPI

Aug

 

0.1%

0.2%

0.1%

 

Sep 17

08:30

Current Account Balance

Q2

 

-$112.0B

-$114.5B

-

$111.2B

 

Sep 17

10:00

NAHB Housing Market Index

Sep

 

56

56

55

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 17

10:30

Crude Inventories

09/13

 

NA

NA

-0.972M

 

Sep 17

14:00

FOMC Rate Decision

Sep

 

0.25%

0.25%

0.25%

 

Sep 18

08:30

Initial Claims

09/13

 

310K

305K

315K

 

Sep 18

08:30

Continuing Claims

09/06

 

2490K

2945K

2487K

 

Sep 18

08:30

Housing Starts

Aug

 

990K

1045K

1093K

 

Sep 18

08:30

Building Permits

Aug

 

1050K

1054K

1052K

 

Sep 18

10:00

Philadelphia Fed

Sep

 

15

23.5

28.0

 

Sep 18

10:30

Natural Gas Inventories

09/13

 

NA

NA

92 bcf

 

Sep 19

10:00

Leading Indicators

Aug

 

0.4%

0.4%

0.9%

 

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

Dec ES

U

1954

1969

1959

1988

1992

2008

Dec Nasdaq

PRD(D)

4012

4047

4026

4084

1091

4125

Dec Yen

D

91.70

92.42

92.97

93.44

94.55

95.96

Dec EC

PRD(U)

128.16

128.92

129.21

129.22

130.12

130.55

Dec 10 Year Note

D

123.00

123.16

123.25

124.09

124.29

125.27

Dec 30 Year Bond

D

133.28

135.31

135.12

136.22

137.26

139.24

Nov Soybeans

D

9.35

9.60

9.73

9.905

10.19

10.52

Dec Corn

D

3.21

3.36

3.33

3.42

3.53

3.66

Dec Gold

D

1198.70

1213

1225

1239

1258

1287

Dec Silver

D

17.91

18.26

18.46

18.85

19.15

19.69

Dec Copper

U

297.80

304

306

311

318

327

Oct Crude

D

88.66

90.40

90.88

93.22

93.90

95.68