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

Sell strength in the Yen.


11.17.2014

Top Day Market News

The most important feature to last night’s trade was that Japan now officially views a weaker Yen as an economic positive in that it provides economic stimulus. As written last week, the Japanese has lost control of their currency as well as their economy. Sell strength in the Yen. If yen trades 86.83, buy slightly out of the money puts with a defined risk.

Week1

of

November 17 - November 21

 

 

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Nov 17

08:30

Empire Manufacturing

Nov

 

12.0

12.0

6.2

 

Nov 17

09:15

Industrial Production

Oct

 

0.0%

0.2%

1.0%

 

Nov 17

09:15

Capacity Utilization

Oct

 

79.2%

79.3%

79.3%

 

Nov 18

08:30

PPI

Oct

 

-0.2%

-0.2%

-0.1%

 

Nov 18

08:30

Core PPI

Oct

 

0.1%

0.1%

0.0%

 

Nov 18

10:00

NAHB Housing Market Index

Nov

 

54

55

54

 

Nov 18

16:00

Net Long-Term TIC Flows

Sep

 

NA

NA

$52.1B

 

Nov 19

07:00

MBA Mortgage Index

11/15

 

NA

NA

-0.9%

 

Nov 19

08:30

Housing Starts

Oct

 

1000K

1025K

1017K

 

Nov 19

08:30

Building Permits

Oct

 

1050K

1040K

1031K

1018K

Nov 19

10:30

Crude Inventories

11/15

 

NA

NA

- 1.735M

 

Nov 19

14:00

FOMC Minutes

10/29

 

 

 

 

 

Nov 20

08:30

Initial Claims

11/15

 

285K

285K

290K

 

Nov 20

08:30

Continuing Claims

11/08

 

2375K

2375K

2392K

 

 

 

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Nov 20

08:30

CPI

Oct

 

-0.2%

-0.1%

0.1%

 

Nov 20

08:30

Core CPI

Oct

 

0.1%

0.1%

0.1%

 

Nov 20

10:00

Existing Home Sales

Oct

 

5.10M

5.17M

5.17M

 

Nov 20

10:00

Philadelphia Fed

Nov

 

15.0

18.0

20.7

 

Nov 20

10:00

Leading Indicators

Oct

 

0.6%

0.6%

0.8%

 

Nov 20

10:30

Natural Gas Inventories

11/15

 

NA

NA

NA

 


MARKET PLACE

 

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

U

2011

2028

2028

2041

2048

2057

Dec Nasdaq

U

4115

4170

4184

4233

4252

4281

Dec Yen

D

84.27

85.15

85.65

86.85

87.38

88.72

Dec EC

PRD(U)

123.38

124.32

124.35

125.85

128.85

126.44

Dec 10 Year Note

U

125319

126.13

126.10

127.00

127.03

127.16

Dec 30 Year Bond

U

139.24

140.22

141.03

142.12

142.12

143.06

Jan Soybeans

U

9.83

10.06

10.07

10.50

10.71

11.13

March Corn

U)

3.675

3.806

3.89

3.98

4.04

4.14

Dec Gold

PRD(U

1128

1157

1156.70

1203

1205

1222

Dec Silver

D

14.84

15.57

15.58

16.71

16.70

17.10

Dec Copper

U

295.50

300

300.50

306.90

307.00

309.00

Dec Crude

D

69.74

72.85

73.94

76.99

79.43

82.90