Free $25 Commodity Investor Kit

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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

Busy day to cap a tumultuous week.

11.15.2013

Top Day Market News

Busy day to cap a tumultuous week. Empire State Manufacturing at 8:30, a bond sensitive number. Then Industrial Production and Capacity Utilization at 9:15 then Wholesale Inventories at 10. Remember that the last reading of preliminary GDP was bloated by a build in inventories.

After the Yellin testimony yesterday, reminding us that tapering is data dependent, perhaps the data point they have in mind isn’t unemployment at 6.5% but the S+P at 1850.

 

 

Week of November 11 - November 15

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Nov 13

07:00

MBA Mortgage Index

11/09

 

NA

NA

-7.0%

 

Nov 13

08:30

Export Prices ex-ag.

Oct

 

NA

NA

0.3%

 

Nov 13

08:30

Import Prices ex-oil

Oct

 

NA

NA

0.1%

 

Nov 13

14:00

Treasury Budget

Oct

 

NA

NA

-$120.0B

 

Nov 14

08:30

Initial Claims

11/09

 

335K

330K

336K

 

Nov 14

08:30

Continuing Claims

11/02

 

2875K

2862K

2868K

 

Nov 14

08:30

Trade Balance

Sep

 

-$38.5B

-$38.8B

-$38.8B

 

Nov 14

08:30

Productivity-Prel

Q3

 

2.0%

2.0%

2.3%

 

Nov 14

08:30

Unit Labor Costs

Q3

 

0.5%

0.8%

0.0%

 

                   

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Nov 14

10:30

Natural Gas Inventories

11/09

 

NA

NA

35 bcf

 

Nov 14

11:00

Crude Inventories

11/09

 

NA

NA

1.577M

 

Nov 15

08:30

Empire Manufacturing

Nov

 

3.0

4.3

1.5

 

Nov 15

09:15

Industrial Production

Oct

 

0.2%

0.2%

0.6%

 

Nov 15

09:15

Capacity Utilization

Oct

 

78.4%

78.3%

78.3%

 

Nov 15

10:00

Wholesale  Inventories

Sep

 

-0.1%

0.3%

0.5%

 

 

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

PRD(U)

1721.50

1724

1780

1796

1782

1797.25

Dec Nasdaq

U

2268

3315

3392

3443

3403

3444

Dec Yen

D

99.45

100.10

99.57

100.06

102.02

103.17

Dec EC

U

131.44

132.52

134.17

134.93

135.05

136.54

DEC 10 Year

PRD(U)

124.26

125.15

126.11

127.02

127.07

128.18

Dec 30 Year

U

129.25

131.17

132.02

133.20

133.17

135.09

Jan Soybean

U

12.29

12.26

13.05

13.21

13.13

13.30

Mar Corn

D

4.097

4.18

434

4.40

4.31

4.37

DEC Gold

D

1253

1271

1277

1294

1316

1344

Dec Silver

PRD(U)

20.78

21.37

20.56

20.88

21.96

22.48

Dec Copper

D

317

321

314

320

330

334

Dec Crude

PRD(U)

91.94

93.11

92.70

94.62

94.43

96.60