Free $25 Commodity Investor Kit

Includes : Charts, Market Information, Informative News Articles, Market Alerts, Exchange Brochures, Research, Managed Futures Information, and much more!!

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

The big event risk of the day will be the ECB rate meeting.

10.02.2014

Top Day Market News

The big event risk of the day will be the ECB rate meeting. The key will be the press conference held by Mario Draghi in the aftermath. Will there be the introduction of more aggressive quantitative easing? Many believe that the dollar is winning such favor lately is that it is the one central bank, the Fed, which can respond unilaterally to risk. That and the fact that interest rate differentials will favor the dollar through mid-2015. Crude oil attempted a relief rally yesterday but fell apart going into the close. The Yen will be sold into strength.

 

Week

of

September 29 - October 03

 

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Sep 29

08:30

Personal Income

Aug

 

0.4%

0.3%

0.2%

 

Sep 29

08:30

Personal Spending

Aug

 

0.5%

0.4%

-0.1%

 

Sep 29

08:30

PCE Prices - Core

Aug

 

0.0%

0.0%

0.1%

 

Sep 29

10:00

Pending Home Sales

Aug

 

-2.0%

-0.2%

3.3%

 

Sep 30

09:00

Case-Shiller 20-city Index

Jul

 

7.0%

7.4%

8.1%

 

Sep 30

09:45

Chicago PMI

Sep

 

59.0

61.5

64.3

 

Sep 30

10:00

Consumer  Confidence

Sep

 

93.0

92.0

92.4

 

Oct 01

07:00

MBA Mortgage Index

09/27

 

NA

NA

-4.1%

 

Oct 01

08:15

ADP Employment Change

Sep

 

225K

202K

204K

 

Oct 01

10:00

ISM Index

Sep

 

60.0

58.5

59.0

 

Oct 01

10:00

Construction  Spending

Aug

 

0.5%

0.4%

1.8%

 

Oct 01

10:30

Crude Inventories

09/27

 

NA

NA

- 4.273M

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Oct 01

14:00

Auto Sales

Sep

 

NA

NA

6.2M

 

Oct 01

14:00

Truck Sales

Sep

 

NA

NA

7.9M

 

Oct 02

07:30

Challenger Job Cuts

Sep

 

NA

NA

-20.7%

 

Oct 02

08:30

Initial Claims

09/27

 

300K

297K

293K

 

Oct 02

08:30

Continuing Claims

09/20

 

2450K

2458K

2439K

 

Oct 02

10:00

Factory Orders

Aug

 

-9.5%

-9.3%

10.5%

 

Oct 02

10:30

Natural Gas Inventories

09/27

 

NA

NA

97 bcf

 

Oct 03

08:30

Nonfarm Payrolls

Sep

 

245K

210K

142K

 

Oct 03

08:30

Nonfarm Private  Payrolls

Sep

 

230K

205K

134K

 

Oct 03

08:30

Unemployment Rate

Sep

 

6.1%

6.1%

6.1%

 

Oct 03

08:30

Hourly Earnings

Sep

 

0.2%

0.2%

0.2%

 

Oct 03

08:30

Average Workweek

Sep

 

34.5

34.5

34.5

 

Oct 03

08:30

Trade Balance

Aug

 

-$43.0B

-$40.9B

-$40.5B

 

Oct 03

10:00

ISM Services

Sep

 

59.0

58.9

59.6

 


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

1951

1952

1928

1960

1999

2024

Dec Nasdaq

D

3950

3997

3950

4030

4091

4138

Dec Yen

D

90.61

91.08

91.04

92.49

92.23

92.91

Dec EC

D

125.34

126.11

125.87

126.73

128.36

129.84

Dec 10 Year Note

U

123.19

124.01

124.269

126.08

124.30

125.12

Dec 30 Year Bond

U

135.30

136.26

138.10

140.14

138.13

139.04

Nov Soybeans

D

8.79

8.98

9.07

9.20

9.40

9.69

Dec Corn

D

3.17

3.20

3.18

3.23

3.28

3.34

Dec Gold

D

1191

1205

1207

1222

1235

1251

Dec Silver

U

16.91

17.29

16.93

17.50

18.00

18.35

Dec Copper

D

298

301

300.50

305.60

307

311.50

Nov Crude

D

89.10

91.20

88.88

92.28

94.60

95.90