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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 EU finance ministers continue to meet.

Market News

10.9.12

Top Day Market News

No economic releases today. The EU finance ministers continue to meet. No leaks yet. Comments from ECB’s Draghi put pressure on the EC. He basically said that austerity measures will probably hurt growth over the short term. Oil is trading ranges and should have resistance at 90.85. The ES/NQ spread is still throwing off a negative vibe.

Week of October 08 - October 12

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Oct

10

 

07:00

 

MBA Mortgage Index

 

10/06

 

 

NA

 

NA

 

16.6%

 

Oct

10

 

10:00

Wholesale

Inventories

 

Aug

 

 

0.5%

 

0.6%

 

0.7%

 

Oct

10

 

14:00

 

Treasury Budget

 

Sep

 

 

NA

 

NA

-

$62.8B

 

Oct

10

 

14:00

 

Fed's Beige Book

 

Sep

 

 

 

 

 

Oct

08:30

Initial Claims

10/06

 

375K

370K

367K

 

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

11

 

 

 

 

 

 

 

 

Oct

11

 

08:30

 

Continuing Claims

 

09/29

 

 

3275K

 

3275K

 

3281K

 

Oct

11

 

08:30

 

Trade Balance

 

Aug

 

 

-$44.6B

 

-$43.8B

-

$42.0B

 

Oct

11

 

08:30

 

Export Prices ex-ag.

 

Sep

 

 

NA

 

NA

 

0.4%

 

Oct

11

 

08:30

 

Import Prices ex-oil

 

Sep

 

 

NA

 

NA

 

-0.2%

 

Oct

11

 

11:00

 

Crude Inventories

 

10/06

 

 

NA

 

NA

-

0.482M

 

Oct

12

 

08:30

 

PPI

 

Sep

 

 

0.5%

 

0.8%

 

1.7%

 

Oct

12

 

08:30

 

Core PPI

 

Sep

 

 

0.1%

 

0.2%

 

0.2%

 

Oct

12

 

09:55

 

Mich Sentiment

 

Oct

 

 

80.0

 

78.5

 

78.3

 

 

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

Prd(D)

1411.50

1433.50

1445.75

1461.25

1471.7

5

1489

Dec Nasdaq

 

PRD(D)

2737

2770

2765.50

2798.50

2839

2874

Dec Yen

 

D

125.77

126.47

126.61

128.40

128.28

129.37

Dec EC

 

D

127.11

128.76

129.41

130.30

131.43

132.45

DEC Sept 10 Year

 

U

132.08

132.18

133.03

133.12

133.16

134.02

Dec 30 Year

 

D

145.16

146.16

147.19

148.20

149.11

151.00

Nov  Soybeans

 

D

14.55

15.03

15.38

15.62

15.98

16.47

Dec Corn

 

D

7.315

1.442

7.385

7.51

7.62

7.76

DEC Gold

 

PRD(D)

1749

1773

1768.40

1789.7

1798

1814

Dec Silver

 

D

33.49

34.03

33.55

34.54

35.25

35.96

Dec Copper

 

PRD(D)

366

373

369

379

381

387

Nov Crude

 

D

84.68

87.330

88.39

90.82

92.93

95.94

 

 

 

 

 

 

 

 

News