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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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Very thin trading week

Top Day Recommendations

12.27.11

This is a very thin trading week for all the obvious reasons. Most traders are either repositioning for next year or closing the books. Last night was a little disorienting with gold and crude trading and stock index futures, bonds and currencies shuttered. In terms of eco releases, only consumer confidence has the capability to move the market.

Week of December 26 - December 30

Date ET Release For Actual Briefing.com Briefing.com Prior Revised
          Forecast Consensus   From
Dec 09:00 Case-Shiller 20-city Oct -3.4% -3.0% -3.0% -3.6%  
27 Index  
             
Dec 10:00 Consumer Dec   60.0 58.0 56.0  
27 Confidence    
             
Dec 07:00 MBA Mortgage Index 12/24   NA NA -2.6%  
28    
               
Dec 08:30 Initial Claims 12/24   370K 368K 364K  
29    
               
Dec 08:30 Continuing Claims 12/17   3625K 3600K 3546K  
29    
               
Dec 09:45 Chicago PMI Dec   59.0 60.1 62.6  
29    
               
Dec 10:00 Pending Home Sales Nov   1.0% 0.6% 10.4%  
29    
               
Dec 11:00 Crude Inventories 12/24   NA NA -  
29   10.570M  
             
Read more: http://www.briefing.com/investor/calendars/economic/2011/12/26-30/#ixzz1hkAwISB2

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

R2 is Weekly Strong Resistance

Levels are for the most active futures contract

    Daily Support and Resistance  
               
  Trend WS2 WS1 DS DR WR1 WR2
Mar U 1174 1217 1252.50 1264 1282 1304
           
ES              
Mar PRD 2171 2225   2287 2322 2345
    2264      
Nasdaq (U)          
           
Mar D 126.08 127.22 128.13 128.69 128.26 130.16
           
Yen              
Mar D 128.65 129.68 130.37 131.06 131.99 133.27
           
EC              
Mar 10 U 128.24 129.09 129.19 130.09 130.29 131.31
           
Year              
               
Mar 30 U 138.03 140.14 141.13 142.31 144.29 147.28
           
Year              
Mar U            
Soybea              
ns              
March U            
Corn              
Feb D 1554 1581.50 1596 1613 1639.7 1670.8
           
Gold              
Mar D 27.80 28.45 28..76 29.34 29.98 30.86
           
Silver              
Mar U 318 321 338 349 354 361
           
Copper              
Feb U 90.16 95.01 99.20 100.19 102.47 105.08
           
Crude              
               

N.B.: if you initiate a trade using ANY of these numbers use a STOP at least equivalent to 2 ½%.

Repeat: use Stops. Don’t think about using Stops.

Use Stops. Some find it appropriate to look at the margin requirement and use that as a Stop or if it’s a steep initial requirement, use half. But whatever you do, stop thinking about any other alternative and use Stops.

********************************************

Futures trading entails considerable risk and is not for everyone. An account can lose more than its initial investment.

Stops are not necessarily filled at the stop level. Past performance is not a guarantee of future results.

Charles Kespert

***********************

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, AL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETIOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.