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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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The EC is at a six week high

12.10.2013

Top Day Market News

Just wholesale inventories today at 10. Remember that the last reading of GDP was better than expected due to inventory buildup. Just have to get that inventory sold.

Overnight, fairly quiet with equities grinding higher. British Pound is steady on higher on real estate values there. The EC is at a six week high. Crude is higher on ideas that inventories will decline for a second straight week. The Yen can reverse its intermediate trend today.

 

 

Week of December 09 - December 13

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Dec 10

10:00

Wholesale  Inventories

Oct

 

0.3%

0.3%

0.4%

 

Dec 10

10:00

JOLTS - JobOpenings

Oct

 

NA

NA

3.913M

 

Dec 11

07:00

MBA Mortgage Index

12/07

 

NA

NA

-12.8%

 

Dec 11

10:30

Crude Inventories

12/07

 

NA

NA

-5.585M

 

Dec 11

14:00

Treasury Budget

Nov

 

NA

NA

-$172.1B

 

Dec 12

08:30

Initial Claims

12/07

 

325K

315K

298K

 

Dec 12

08:30

Continuing Claims

11/30

 

2750K

2750K

2744K

 

Dec 12

08:30

Retail Sales

Nov

 

0.9%

0.6%

0.4%

 

Dec 12

08:30

Retail Sales ex-auto

Nov

 

0.5%

0.3%

0.2%

 

Dec 12

08:30

Export Prices ex-ag.

Nov

 

NA

NA

-0.4%

 

Dec 12

08:30

Import Prices ex-oil

Nov

 

NA

NA

0.0%

 

                   

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Dec 12

10:00

Business Inventories

Oct

 

0.3%

0.3%

0.6%

 

Dec 12

10:30

Natural Gas Inventories

12/07

 

NA

NA

NA

 

Dec 13

08:30

PPI

Nov

 

-0.1%

-0.1%

-0.2%

 

Dec 13

08:30

Core PPI

Nov

 

0.1%

0.1%

0.2%

 


 

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

PRD(U)

1767

1786

1801

1815

1817

1828

Dec Nasdaq

U

3432

3469

3507

3535

3526

3547

Dec Yen

PRD(D)

9577

9647

96.53

97.37

9814

9911

Dec EC

U

134.58

135.77

137.07

137.79

137.62

138.28

Mar 10 Year Note

D

122.27

123.17

124.05

124.24

125.03

126.00

Mar 30 Year Bond

U

126.20

127.25

129.01

129.31

130.01

131.22

Jan Soybeans

U

12.92

13.09

13.29

13.52

13.43

13.62

Mar Corn

U

4.09

4.22

4.34

4.40

4.43

4.51

Feb Gold

PRD(U)

1189

1209.5

1225

1254

1250.9

1274.1

March Silver

PRD(U)

18.36

18.93

19.43

20.25

20.05

20.59

March Copper

U

312

318

324

326

328

332

Jan Crude

U

93.00

94.42

97.48

98.34

99.94

101.85