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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

Euro zone summit later in the week.

Market News

10.15.12

Top Day Market News

Retail sales comes in +1.1 which was better than consensus while Empire State Manufacturing was lower by -6.6, which was worse than the consensus of -2.0. Oil remains under pressure on global growth concerns. Metals are being influenced by the same concerns. Stocks are positively influenced by retail sales. Greek 10 year bond yield at 17.08% is actually an improvement. Euro zone summit later in the week. Merkel says that there is nothing currently occurring within the confines of the EU that is uncontrollable.

Week of October 15 - October 19

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Oct

15

 

08:30

 

Retail Sales

 

Sep

 

 

1.0%

 

0.7%

 

0.9%

 

Oct

15

 

08:30

 

Retail Sales ex-auto

 

Sep

 

 

0.7%

 

0.6%

 

0.8%

 

Oct

15

 

08:30

 

Empire Manufacturing

 

Oct

 

 

-2.0

 

-2.8

 

-10.4

 

Oct

15

 

10:00

 

Business Inventories

 

Aug

 

 

0.5%

 

0.5%

 

0.8%

 

Oct

16

 

08:30

 

CPI

 

Sep

 

 

0.5%

 

0.5%

 

0.6%

 

Oct

16

 

08:30

 

Core CPI

 

Sep

 

 

0.1%

 

0.2%

 

0.1%

 

Oct

16

 

09:00

Net Long-Term TIC Flows

 

Aug

 

 

NA

 

NA

 

$67.0B

 

Oct

16

 

09:15

 

Industrial Production

 

Sep

 

 

0.0%

 

0.3%

 

-1.2%

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com

Forecast

Briefing.com

Consensus

 

Prior

Revised

From

Oct

16

 

09:15

 

Capacity Utilization

 

Sep

 

 

78.2%

 

78.3%

 

78.2%

 

Oct

16

 

10:00

NAHB Housing

Market Index

 

Oct

 

 

42

 

42

 

40

 

Oct

17

 

07:00

 

MBA Mortgage Index

 

10/13

 

 

NA

 

NA

 

-1.2%

 

Oct

17

 

08:30

 

Housing Starts

 

Sep

 

 

765K

 

768K

 

750K

 

Oct

17

 

08:30

 

Building Permits

 

Sep

 

 

815K

 

815K

 

803K

 

Oct

17

 

10:30

 

Crude Inventories

 

10/13

 

 

NA

 

NA

 

1.672M

 

Oct

18

 

08:30

 

Initial Claims

 

10/13

 

 

370K

 

360K

 

339K

 

Oct

18

 

08:30

 

Continuing Claims

 

10/6

 

 

3275K

 

3275K

 

3273K

 

Oct

18

 

10:00

 

Philadelphia Fed

 

Oct

 

 

0.0

 

-0.1

 

-1.9

 

Oct

18

 

10:00

 

Leading Indicators

 

Sep

 

 

0.1%

 

0.2%

 

-0.1%

 

Oct

19

 

10:00

 

Existing Home Sales

 

Sep

 

 

4.90M

 

4.70M

 

4.82M

 

 

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

1395.50

1408.50

1416.25

1430.75

1445.5

0

1470.25

Dec Nasdaq

D

2641

2675

2702.00

2736.25

2776.2

5

2842.50

Dec Yen

 

U

126.36

126.93

127.21

127.82

128.32

129.00

Dec EC

 

U

127.43

128.54

128.95

130.00

130.55

131.45

DEC 10 Year

 

U

132.16

132.29

130.30

133.17

133.20

133.30

Dec 30 Year

 

U

146.04

147.27

148.27

150.08

150.24

151.30

Nov Soybeans

 

D

14.71

14.96

14.85

15.47

15.61

15.99

Dec Corn

 

D

7.09

7.31

7.35

7.67

7.75

7.97

DEC Gold

 

D

1734.80

1745.10

1741.20

1771.90

1774.1

1792.80

Dec Silver

 

D

32.68

33.08

33.04

34.07

34.23

34.98

Dec Copper

 

D

363

386

365

374

375

380

Nov Crude

 

D

86.14

89.08

90.40

92.60

94.49

96.96

 

 

 

 

 

 

 

 

 News