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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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Bonds flew higher while the dollar continued to strengthen.

9.26.2014

Top Day Market News

Yesterday stocks dropped the most in two months. The traditional selling influence of the holiday was amplified by the threat of Russian corporate retaliation in the face of sanctions and was further exacerbated by talk of a terrorist threat to the NYC subway system. Bonds flew higher while the dollar continued to strengthen. Metals were defensive but the internals have subtly improved.

Crude was initially higher on geopolitical risk but couldn’t hold the gains as supply currently overwhelms demand.

Today we get the third estimate of GDP and the U of M consumer sentiment index.

Week of

 

September 22 -

26

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 22

10:00

Existing Home Sales

Aug

 

5.0M

5.2M

5.15M

 

Sep 23

09:00

FHFA Housing Price Index

Jul

 

NA

NA

0.4%

 

Sep 24

07:00

MBA Mortgage Index

09/20

 

NA

NA

+7.9%

 

Sep 24

10:00

New Home Sales

Aug

 

420K

435K

412K

 

Sep 24

10:30

Crude Inventories

09/20

 

NA

NA

+3.67M

 

Sep 25

08:30

Initial Claims

09/20

 

310K

300K

280K

 

Sep 25

08:30

Continuing Claims

09/13

 

2490K

2470K

2429K

 

Sep 25

08:30

Durable Orders

Aug

 

-18.5%

-16.3%

22.6%

 

Sep 25

08:30

Durable Goods –ex  transportation

Aug

 

0.4%

0.7%

-0.7%

-0.8%

Sep 25

10:30

Natural Gas Inventories

09/20

 

NA

NA

90 bcf

 

Sep 26

08:30

GDP - Third Estimate

Q2

 

4.6%

4.6%

4.2%

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 26

08:30

GDP Deflator - Third  Estimate

Q2

 

2.1%

2.1%

2.1%

 

Sep 26

09:55

Michigan Sentiment -  Final

Sep

 

84.6

85.0

84.6

 

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

D

1947

1974

1949

1982

2020

2040

Dec Nasdaq

D

3959

4020

3975

4064

4134

4183

Dec Yen

D

90.03

90.89

91.20

92.35

93.50

94.55

Dec EC

D

127.21

127.78

127.08

128.36

129.49

130.03

Dec 10 Year Note

U

122.30

123.16

124.12

124.31

124.20

125.06

Dec 30 Year Bond

U

134.29

135.26

137.03

138.09

137.10

137.25

Nov Soybeans

D

9.22

9.40

9.10

9.35

9.80

10.40

Dec Corn

D

3.187

3.30

3.21

3.29

3.44

3.76

Dec Gold

U

1195.70

1206

1210.50

1236

1235

1253

Dec Silver

PRD(D)

17.04

17.59

17.25

17.88

18.52

19.25

Dec Copper

D

297.50

302.50

302

308

317

326

Nov Crude

D

87.50

89.04

91.18

93.30

94.00

96.20