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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

Resource Pages | Friend Pages

Gold found support at 1758.00 overnight.

Market News

9.24.12

Top Day Market News

No eco releases today.

Overnight, Germany seems to be losing patience with Spain. Does Spain need a full rescue, a partial rescue or will they apply to the ESM at all? Spain seems reluctant to agree to strict conditions that would come with a package. Because of this confusion, the EC is lower against the dollar. As for oil, recently indications from Saudi Arabia that they will overproduce have further depressed prices this morning. Gold found support at 1758.00 overnight.

 

Expect market conditions to tin out after 2:30 tomorrow.

 

Week of September 24 - September 28

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Sep

25

 

09:00

Case-Shiller 20-city

Index

 

Jul

 

 

1.5%

 

0.8%

 

0.5%

 

Sep

25

 

10:00

 

Consumer Confidence

 

Sep

 

 

62.0

 

63.0

 

60.6

 

 

Sep

25

 

10:00

FHFA Housing Price

Index

 

Jul

 

 

NA

 

NA

 

0.7%

 

Sep

26

 

07:00

 

MBA Mortgage Index

 

09/22

 

 

NA

 

NA

 

-0.2%

 

Sep

26

 

10:00

 

New Home Sales

 

Aug

 

 

390K

 

380K

 

372K

 

Sep

26

 

10:30

 

Crude Inventories

 

09/22

 

 

NA

 

NA

 

8.534M

 

Sep

27

 

08:30

 

Initial Claims

 

09/22

 

 

380K

 

380K

 

382K

 

Sep

27

 

08:30

 

Continuing Claims

 

09/15

 

 

3300K

 

3270K

 

3272K

 

Sep

27

 

08:30

 

Durable Orders

 

Aug

 

 

-6.5%

 

-5.1%

 

4.1%

 

4.2%

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Sep

27

 

08:30

Durable Orders -ex

Transportation

 

Aug

 

 

-0.5%

 

-0.3%

 

-0.6%

 

-0.4%

Sep

27

 

08:30

 

GDP - Third Estimate

 

Q2

 

 

1.7%

 

1.7%

 

1.7%

 

Sep

27

 

08:30

GDP Deflator - Third

Estimate

 

Q2

 

 

1.6%

 

1.6%

 

1.6%

 

Sep

27

 

10:00

 

Pending Home Sales

 

Aug

 

 

2.0%

 

1.0%

 

2.4%

 

Sep

28

 

08:30

 

Personal Income

 

Aug

 

 

0.1%

 

0.2%

 

0.3%

 

Sep

28

 

08:30

 

Personal Spending

 

Aug

 

 

0.6%

 

0.5%

 

0.4%

 

Sep

28

 

08:30

 

PCE Prices - Core

 

Aug

 

 

0.1%

 

0.1%

 

0.0%

 

Sep

28

 

09:45

 

Chicago PMI

 

Sep

 

 

52.0

 

52.8

 

53.0

 

Sep

28

 

09:55

Michigan Sentiment - Final

 

Sep

 

 

79.0

 

79.0

 

79.2

 


 

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

Dec ES


U

1433

1450

1447.50

1459.25

1461

1471

Dec Nasdaq


PRD(D)

2819

2825

2845

2878

2870

2888

Dec Yen


U

125.59

126.82

127.78

128.39

128.77

129.49

Dec EC


U

127.85

128.93

129.15

130.51

131.46

132.91

DEC Sept 10 Year


U

143.06

145.01

146.13

147.19

148.05

149.14

Dec 30 Year


U

143.06

145.01

146.13

147.19

148.05

149.14

Nov Soybeans

D

15.26

15.79

15.91

16.38

17.02

17.83

 

 

 

 

 

 

 

 

Dec Corn


D

7.14

7.31

7.39

7.53

7.73

7.98

DEC Gold


U

1735.8

1755.3

1758.1

1788

1792

1809

Dec Silver


U

33.13

33.83

33.85

35.14

35.25

35.96

Dec Copper


U

366

371

375

380

383

389

Oct Crude


D

85.72

89.34

91.85

93.62

98.19

103.42

 

 

 

 

 

 

 

 

 

News