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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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Drop in oil and gold blamed on slow progress in fiscal cliff negotiations.

Market News

12.04.12

Top Day Market News

Back in the office again. Generators still litter the street. The smell of diesel hangs in the air. Drop in gold and oil being blamed on lack of progress in fiscal cliff deliberations/negotiations. I’ll keep it short as I’m in office restoration mode today.

 

 

Week of December 03 - December 07

 

Date

 

ET

 

Release

 

For

 

Actual

 

Briefing.com Forecast

 

Briefing.com Consensus

 

Prior

 

Revised From

 

Dec 03

 

10:00

 

ISM Index

 

Nov

 

49.5

 

50.0

 

51.2

 

51.7

 

 

Dec 03

 

10:00

 

Construction Spending

 

Oct

 

1.4%

 

0.3%

 

0.4%

 

0.5%

 

0.6%

 

Dec 03

 

14:00

 

Auto Sales

 

Nov

 

5.6M

 

NA

 

NA

 

5.2M

 

 

Dec 03

 

14:00

 

Truck Sales

 

Nov

 

6.5M

 

NA

 

NA

 

6.0M

 

 

Dec 05

 

07:00

 

MBA Mortgage Index

 

12/01

 

 

NA

 

NA

 

-0.9%

 

 

Dec 05

 

08:15

 

ADP Employment Change

 

Nov

 

 

125K

 

125K

 

158K

 

 

Dec 05

 

08:30

 

Productivity-Rev.

 

Q3

 

 

2.4%

 

2.7%

 

1.9%

 

 

Dec 05

 

08:30

 

Unit Labor Costs -Rev

 

Q3

 

 

-0.8%

 

-0.8%

 

-0.1%

 

 

Dec 05

 

10:00

 

Factory Orders

 

Oct

 

 

-0.5%

 

-0.1%

 

4.8%

 

 

Dec 05

 

10:00

 

ISM Services

 

Nov

 

 

53.0

 

53.7

 

54.2

 

 

Dec

 

10:30

 

Crude Inventories

 

12/01

 

 

NA

 

NA

-

 

                   

 

  

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

1369.50

1392.50

1392.50

1419.00

1429

1442.50

Dec Nasdaq

U

2582.25

2631.50

2646.00

4690.00

2709.5

0

2738.50

Dec Yen

 

D

119.98

120.68

121.23

121.99

122.25

123.12

Dec EC

 

U

128.20

129.00

130.00

130.94

130.75

131.62

Mar 10 Year

 

U

132.27

133.08

133.09

133.20

134.02

134.15

Mar 30 Year

 

U

148.15

149.08

149.05

150.04

151.10

152.19

Jan Soybeans

 

D

13.95

14.17

14.40

14.63

14.60

14.81

Mar Corn

 

D

7.33

7.43

7.48

7.62

7.64

7.76

Feb Gold

 

D

1679.60

1698.1

1709.30

1725.90

1744.9

1773.2

Mar Silver

 

U

32.16

32.83

33.23

33.97

34.32

33.15

Mar Copper

 

U

343

354

362

367

369

375

Jan Crude

 

U

84.113

86.53

87.70

90.06

90.18

91.39

 

 

 

 

 

 

 

 

News