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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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Asian stocks were higher last night with European stocks lower.

10.20.2014

Top Day Market News

After the close on Friday, Moody’s downgraded Russia’s credit rating from a confluence of reasons with weaker oil prices being central to the reasoning. Asian stocks were higher last night with European stocks lower. Today is an open news day in terms of economic news releases. Technical should dominate short of new news regarding Ebola. Last week’s massive move down in rates with the 10 year touching 1.868% and the long bond spiking to 148 was attributed to forced liquidation in an illiquid world.

Week

of

October 20 - 24

 

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Oct 21

10:00

Existing Home Sales

Sep

 

4.95M

5.11M

5.05M

 

Oct 22

07:00

MBA Mortgage Index

10/18

 

NA

NA

5.6%

 

Oct 22

08:30

CPI

Sep

 

-0.1%

0.0%

-0.2%

 

Oct 22

08:30

Core CPI

Sep

 

0.1%

0.2%

0.0%

 

Oct 22

10:30

Crude Inventories

10/18

 

NA

NA

8.923M

 

Oct 23

08:30

Initial Claims

10/18

 

295K

283K

264K

 

Oct 23

08:30

Continuing Claims

10/11

 

2400K

2390K

2389K

 

Oct 23

09:00

FHFA Housing Price Index

Aug

 

NA

NA

0.1%

 

Oct 23

10:00

Leading Indicators

Sep

 

0.6%

0.6%

0.2%

 

Oct 23

10:30

Natural Gas Inventories

10/18

 

NA

NA

94 bcf

 

Oct 24

10:00

New Home Sales

Sep

 

450K

473K

504K

 

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

PRD(U)

1773

1826

1857

1898

1919

1959

Dec Nasdaq

D

3589

3691

3750.50

3849

3898

3992

Dec Yen

D

91.80

92.70

93.13

94.18

94.80

96.00

Dec EC

PRD(D)

125.00

126.30

126.96

128.30

128.90

130.20

Dec 10 Year Note

PRD(D)

124.10

126.00

126.29

128.05

129.20

132.00

Dec 30 Year Bond

PRD(D)

137.23

140.11

141.13

143.25

146.25

150.15

Nov Soybeans

D

8.87

9.23

9.37

9.65

9.88

10.16

Dec Corn

U

3.17

3.32

3.40

3.53

3.60

3.73

Dec Gold

D

1208.60

1223

1233

1243

1251

1265

Dec Silver

D

16.57

16.92

17.22

17.44

17.72

18.17

Dec Copper

U

287

293.50

296.50

302.60

309.00

317

Nov Crude

D

76.13

79.19

81.29

83.28

85.22

86.19