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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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March stock index futures are now front month forward

Market News

12.14.12

Top Day Market News

CPI comes in at -0.3% ex food and gas it comes in at 0.1%. This probably reflects slack demand leading to a lack of pricing pressures.  This is a tame number. This will give only a momentary relief to the pressure seen in the bond market, however. Oil saw some buying interest based on Chinese economic expansion while at the same time crude is down about 12% on the year as US production ramped up and gasoline demand declined. China is the world’s second largest consumer of oil and processes about 10 million barrels a day.

All that’s left on the economic slate today is industrial production and capacity utilization.

March stock index futures are now front month forward.

Week of December 10 - December 14

 

Date

 

ET

 

Release

 

For

 

Actual

Briefing.com Forecast

Briefing.com Consensus

 

Prior

Revised From

 

Dec 11

 

08:30

 

Trade Balance

 

Oct

 

 

-$43.0B

 

-$42.8B

 

-$41.5B

 

 

Dec 11

 

10:00

 

Wholesale Inventories

 

Oct

 

 

0.3%

 

0.4%

 

1.1%

 

 

Dec 12

 

07:00

 

MBA Mortgage Index

 

12/08

 

 

NA

 

NA

 

4.5%

 

 

Dec 12

 

08:30

 

Export Prices ex-ag.

 

Nov

 

 

NA

 

NA

 

0.2%

 

 

Dec 12

 

08:30

 

Import Prices ex-oil

 

Nov

 

 

NA

 

NA

 

0.3%

 

 

Dec 12

 

10:30

 

Crude Inventories

 

12/08

 

 

NA

 

NA

 

-2.357M

 

 

Dec 12

 

12:30

 

FOMC Rate Decision

 

Dec

 

 

0.25%

 

0.25%

 

0.25%

 

 

Dec 12

 

14:00

 

Treasury Budget

 

Nov

 

 

-$113.0B

 

-$113.0B

-

$137.3B

 

 

Dec 13

 

08:30

 

Initial Claims

 

12/08

 

 

375K

 

375K

 

370K

 

 

Dec 13

 

08:30

 

Continuing Claims

 

12/01

 

 

3250K

 

3200K

 

3205K

 

 

Dec 13

 

08:30

 

Retail Sales

 

Nov

 

 

0.6%

 

0.4%

 

-0.3%

 

 

Dec 13

 

08:30

 

Retail Sales ex-auto

 

Nov

 

 

0.2%

 

0.0%

 

0.0%

 

 

Dec 13

 

08:30

 

PPI

 

Nov

 

 

-0.5%

 

-0.5%

 

-0.2%

 

 

Dec 13

 

08:30

 

Core PPI

 

Nov

 

 

0.1%

 

0.1%

 

-0.2%

 

 

Dec 13

 

10:00

 

Business Inventories

 

Oct

 

 

0.3%

 

0.4%

 

0.7%

 

 

Dec 14

 

08:30

 

CPI

 

Nov

 

 

-0.2%

 

-0.2%

 

0.1%

 

 

Dec 14

 

08:30

 

Core CPI

 

Nov

 

 

0.1%

 

0.1%

 

0.2%

 

 

Dec 14

 

09:15

 

Industrial Production

 

Nov

 

 

0.5%

 

0.3%

 

-0.4%

 

 

Dec 14

 

09:15

 

Capacity Utilization

 

Nov

 

 

78.0%

 

78.0%

 

77.8%

 

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

Mar ES

U

1385.50

1401.25

1407

1421.50

1428.5

 

1439

Mar Nasdaq

D

2576.50

2607.25

2628.50

2674

2683.2

5

2828.75.

Dec Yen

 

PRD(U)

119.84

120.61

119.06

120.10

122.26

123.14

Dec EC

 

U

127.25

128.26

130.45

131.33

130.79

132.31

Mar 10 Year

 

PRD(D)

32.27

133.06

132.10

133.01

133.31

134.12

Mar 30 Year

 

PRD(D)

147.31

148.24

146.25

148.10

150.19

151.21

Mar Soybeans

 

PRD(D)

14.06

14.39

14.61

14.96

15.01

15.31

Mar Corn

 

D

7.16

7.30

7.14

7.27

7.55

7.74

Feb Gold

 

U

1664

1685

1687.4

1722.0

1725.8

1773.2

Mar Silver

 

U

31.88

32.52

31.91

33.15

33.86

34.57

Mar Copper

 

U

360

363

363

373

372

380

Feb Crude

 

PRD(U)

82.68

84.33

86.04

87.88

88.98

91.98

 

 

 

 

 

 

 

 

 News