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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

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Stocks waver after record run

 

10.21.13

Top Day Market News

A bit of a curve ball today as the International Energy Agency, the statistical arm of the Department of Energy, will release oil inventories today at 10:30 instead of Wednesday. Stockpiles are expected to come in at a 3month high. Saudi production is near record levels while Nigerian rebels are promising more actions to disrupt production in that country. The Yen was weaker across the board as the Bank of Japan pledged to provide more stimulus to the economy and actually spur inflation.

 

 

Week of October 21 - October 25

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

Oct 21

10:00

Existing Home Sales

Sep

5.15M

5.30M

5.48M

Oct 21

10:30

Crude Inventories

10/12

NA

NA

6.807M

Oct 22

08:30

Nonfarm Payrolls

Sep

165K

183K

169K

Oct 22

08:30

Nonfarm Private  Payrolls

Sep

180K

183K

152K

Oct 22

08:30

Unemployment Rate

Sep

7.3%

7.3%

7.3%

Oct 22

08:30

Hourly Earnings

Sep

0.2%

0.2%

0.2%

Oct 22

08:30

Average Workweek

Sep

34.5

34.5

34.5

Oct 22

10:30

Natural Gas Inventories

10/12

NA

NA

90 bcf

Oct 23

07:00

MBA Mortgage Index

10/19

NA

NA

0.3%

Oct 23

08:30

Export Prices ex-ag.

Sep

NA

NA

-0.1%

               

 

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

Oct 23

08:30

Import Prices ex-oil

Sep

NA

NA

-0.2%

Oct 23

09:00

FHFA Housing Price Index

Aug

NA

NA

1.0%

Oct 23

10:30

Crude Inventories

10/19

NA

NA

NA

Oct 24

08:30

Initial Claims

10/19

330K

341K

358K

Oct 24

08:30

Continuing Claims

10/12

2900K

2860K

2859K

Oct 24

10:00

New Home Sales

Sep

410K

432K

421K

Oct 24

10:00

JOLTS - Job Openings

Aug

NA

NA

3.689M

Oct 24

10:30

Natural Gas Inventories

10/19

NA

NA

NA

Oct 25

08:30

Durable Orders

Sep

4.2%

3.5%

0.1%

Oct 25

08:30

Durable Goods –ex  trans

Sep

0.3%

0.3%

-0.1%

Oct 25

09:55

Michigan Sentiment -  Final

Oct

73.0

74.5

75.2

 

 

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

U

1659

1698

1729

1747

1757

1778

Dec Nasdaq

U

3142

3248

3316

3373

3396

3448

Dec Yen

PRD(U)

100.43

101.32

101.59

102.53

102.82

103.43

Dec EC

U

133.89

135.35

136.38

137.28

137.07

138.53

DEC 10 Year

U

124.23

125.26

126.15

127.07

127.21

128.13

Dec 30 Year

U

130.10

132.07

133.10

134.21

134.04

136.22

Nov Soybean

U

12.45

12.68

12.79

12.99

13.07

13.

 

Dec Corn

U

4.25

4.33

4.38

4.45

4.48

4.56

DEC Gold

D

1220

1268

1307.50

1335

1346

1376

Dec Silver

U

19.84

20.89

21.75

22.34

22.59

23.52

Dec Copper

PRD(D)

320.305

327.70

328.50

331.70

333.10

337.20

Oct Crude

D

98.56

101.33

100.03

101.81

104.70

105.99