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

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The Government shutdown continues.

10-03-13

Top Day Market News

The Government shutdown continues. This is casting a shadow over the export/import business of cash commodities. The ADP private jobs forecast only added 166K of jobs to the economy. There was a release form EIA yesterday concerning oil stocks.  The Department of Energy seems to have enough residual money to keep working for another week. Failure to move lower after the release of the EIA figures set off a short covering rally. The ECB kept rates unchanged and said that they would be accommodative for the foreseeable future and this helped bring buyers back in.


 

Week of September 30 - October 04

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

Sep 30

09:45

Chicago PMI

Sep

52.0

53.7

53.0

Oct 01

10:00

ISM Index

Sep

54.0

55.1

55.7

Oct 01

10:00

Construction  Spending

Aug

0.3%

0.4%

0.6%

Oct 01

14:00

Auto Sales

Sep

NA

NA

5.6M

Oct 01

14:00

Truck Sales

Sep

NA

NA

7.0M

Oct 02

07:00

MBA Mortgage Index

09/28

NA

NA

5.5%

Oct 02

08:15

ADP Employment Change

Sep

180K

170K

176K

Oct 02

10:30

Crude Inventories

09/28

NA

NA

2.635M

Oct 03

07:30

Challenger Job Cuts

Sep

NA

NA

56.5%

Oct 03

08:30

Initial Claims

09/28

315K

315K

305K

               

 

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

Oct 03

08:30

Continuing Claims

09/21

2850K

2825K

2823K

Oct 03

10:00

Factory Orders

Aug

0.3%

0.3%

-2.4%

Oct 03

10:00

ISM Services

Sep

58.0

57.4

58.6

Oct 03

10:30

Natural Gas Inventories

09/28

NA

NA

87 bcf

Oct 04

08:30

Nonfarm Payrolls

Sep

165K

183K

169K

Oct 04

08:30

Nonfarm Private  Payrolls

Sep

180K

180K

152K

Oct 04

08:30

Unemployment Rate

Sep

7.3%

7.3%

7.3%

Oct 04

08:30

Hourly Earnings

Sep

0.2%

0.2%

0.2%

Oct 04

08:30

Average Workweek

Sep

34.5

34.5

34.5


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

D

1663.50

1674

1673

1692

1701

1718

Dec Nasdaq

U

3178

3201

3222

3252

3246

3260

Dec Yen

U

100.15

100.+0

101.56

103.14

102.28

102.78

Dec EC

U

134.14

134.67

135.24

136.24

135.70

136.20

DEC 10 Year

U

124.18

125.14

125.00

126.22

126.27

127.12

DEC 30 Year

U

130.17

132.00

132.24

133.28

134.10

135.05

Nov Soybeans

D

12.94

13.07

12.64

12.91

13.30

13.40

Dec Corn

D

4.42

4.46

4.32

4.44

4.59

4.645

Dec Gold

D

1289.3

1312.60

1290

1337

1352.5

1368.7

Dec Silver

D

19.93

21.51

21.24

22.29

23.08

24.37

Dec Copper

U

313

321

327

334

337

344

Nov Crude

D

100.5

101.63

102.67

104.87

104.55

106.29