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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

Personal spending holds steady.

Market News

10.26.12

Top Day Market News

GDP comes in at 2%, higher than the expectation of 1.8% and 1.3% for Q2. Personal spending holds steady. This is modest trend growth. Housing component was a benefit. U of Michigan consumer confidence comes in later. European bourses go out on the week on a better note. Nothing to be too excited about but at least these numbers don’t reflect deterioration.

 

Week of October 22 - October 26

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Oct 24

 

07:00

 

MBA Mortgage Index

 

10/20

 

 

NA

 

NA

 

-4.2%

 

 

Oct 24

 

10:00

 

New Home Sales

 

Sep

 

 

385K

 

385K

 

373K

 

 

Oct 24

 

10:00

FHFA Housing Price Index

 

Aug

 

 

NA

 

NA

 

0.2%

 

 

Oct 24

 

10:30

 

Crude Inventories

 

10/20

 

 

NA

 

NA

 

2.860M

 

 

Oct 24

 

14:15

 

FOMC Rate Decision

 

Oct

 

 

0.25%

 

0.25%

 

0.25%

 

 

Oct 25

 

08:30

 

Initial Claims

 

10/20

 

 

375K

 

375K

 

388K

 

 

Oct 25

 

08:30

 

Continuing Claims

 

10/13

 

 

3275K

 

3237K

 

3252K

 

 

Oct 25

 

08:30

 

Durable Orders

 

Sep

 

 

12.0%

 

7.4%

 

-13.2%

 

 

Oct 25

 

08:30

 

Durable Orders -ex Transportation

 

Sep

 

 

0.2%

 

1.0%

 

-1.6%

 

 

Oct 25

 

10:00

 

Pending Home Sales

 

Sep

 

 

1.0%

 

2.4%

 

-2.6%

 

 

Oct 26

 

08:30

 

GDP-Adv.

 

Q3

 

 

0.9%

 

1.9%

 

1.3%

 

 

Oct 26

 

08:30

 

Chain Deflator-Adv.

 

Q3

 

 

2.6%

 

2.0%

 

1.6%

 

                   

 

 

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Oct 26

 

09:55

 

Michigan Sentiment - Final

 

Oct

 

 

82.5

 

83.1

 

83.1

 

 

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

1390.25

1407.00

1391

1416

1450.0

0

1476

Dec Nasdaq

D

2587.50

2625.75

2620

2667

2740.5

0

2817

Dec Yen

 

D

124.73

125.61

124.28

125.16

127.31

128.45

Dec EC

 

D

127.76

129.03

128.75

130.12

131.52

132.74

DEC 10 Year

 

D

131.02

131.23

131.2

132.07

133.07

134.02

Dec 30 Year

 

D

144.06

145.25

146.03

147.29

149.17

151.16

Jan Soybeans

 

U

14.55

14.94

15.49

15.75

15.54

15.95

Dec Corn

 

D

7.17

7.395

7.30

7.52

7.76

7.90

DEC Gold

 

D

1691.50

1706.50

1695

1720

1746

1770.50

Dec Silver

 

D

30.97

31.53

31.49

32.31

33.05

34.02

Dec Copper

 

D

353

358

350

358

372

381

Dec Crude

 

D

88.12

89.30

84.50

87.53

92.66

94.72

News