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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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Retail sales should be the big number of the day.

 

12.12.2013

Top Day Market News

Sizeable break in the S+P yesterday. The budget agreement was viewed as allowing the Fed to take a step closer to taper. Stood to reason that if there was a government shutdown and no agreement, the Fed would be reluctant to throw salt on the wound in the form of draining liquidity from the system.

Retail sales should be the big number of the day.

Aussie was lower overnight due to firm job creation data coming out of that country. At the same time the Euro Currency continued to grind higher for the seventh consecutive session. To find another time of seven straight advances you have to travel back in time to September of 2009. Meanwhile, in other currency news, speculative shorts in the Yen are at their highest levels since September of 2009.

Chance for an equity collapse is at a low probability without a black swan event trigger as seasonally, December is the lowest volume month of the year.

 

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%

 

                   

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

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%

 

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

D

1767

1786

1761

1799

1817

1828

Dec Nasdaq

PRD(D)

3432

3469

3449

3507

3526

3547

Mar Yen

U

9577

9647

97.19

97.93

9814

9911

Mar EC

U

134.58

135.77

137.48

138.18

137.62

138.28

Mar 10 Year Note

D

122.27

123.17

124.03

124.24

125.03

126.00

Mar 30 Year Bond

U

126.20

127.25

128.25

130.01

130.01

131.22

Jan Soybean

U

12.92

13.09

13.30

13.48

13.43

13.62

Mar Corn

U

4.09

4.22

4.35

4.41

4.43

4.51

Feb Gold

U

1189

1209.5

1244

1263

1250.9

1274.1

March Silver

U

18.36

18.93

20.08

20.48

20.05

20.59

March Copper

U

312

318

327

331

328

332

Jan Crude

U

93.00

94.42

96.84

98.39

99.94

101.85