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

Resource Pages | Friend Pages

Nasdaq continues to lose ground

 

10.24.13

Top Day Market News

Sorry. Running late. The Red Sox are rearranging my routine. Weekly jobless claims and continuing claims were released at 8:30. They came in higher than expected. The data continues to be distorted however as California continues to work through a backlog. The Trade deficit was little changed as exports stalled probably due to the government shutdown and the inability to do export inspections. EC’s increase has more European exporters.

Nasdaq continues to lose ground to the S+P as a spread. Gold had a flash higher into resistance and failed. Anthony Caro died yesterday. Check out the sculpture he left behind.


 

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

               

 

Date

ET

Release

For

Briefing.com Forecast

Briefing.com Consensus

Prior

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%

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 - JobOpenings

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

1734

1749

1757

1778

Dec Nasdaq

U

3142

3248

3324

3357

3396

3448

Dec Yen

PRD(U)

100.43

101.32

102.11

103.20

102.82

103.43

Dec EC

U

133.89

135.35

137.50

138.25

137.07

138.53

DEC10 Year

U

124.23

125.26

127.15

127.26

127.21

128.13

Dec 30 Year

U

130.10

132.07

135.02

135.26

134.04

136.22

Nov Soybean

U

12.45

12.68

12.98

13.20

13.07

13.24

Dec Corn

U

4.25

4.33

4.38

1.46

4.48

4.56

DEC Gold

D

1220

1268

1327.60

1341.30

1346

1376

Dec Silver

U

19.84

20.89

22.47

22.96

22.59

23.52

Dec Copper

U

320.305

327.70

321

331

333.10

337.20

Dec Crude

D

98.56

101.33

95.91

98.04

104.70

105.99