US Market At 12 January 2009

Market at 12 January 2009
DJIA
Open 8,599.26 High 8,602.60 Low 8,421.08 Close 8,473.97
NASDAQ
Open 1,572.41 High 1,573.46 Low 1,528.00 Close 1,538.79
S&P500
Open 890.40 High 890.40 Low 864.32 Close 870.26

Market at 13 January 2009
DJIA
Support at 8400, if this support break, DJI will move to 8300. DJI Resistance at 8575, if this resistance break, DJI will move to 8700.
NASDAQ
Support at 1520, if this support break, DJI will move to 1500. DJI Resistance at 1560, if this resistance break, DJI will move to 1600.
S&P500
Support at 860, if this support break, DJI will move to 850. DJI Resistance at 885, if this resistance break, DJI will move to 900.
A BIG POSSIBILITY THAT ALL INDEX WILL REBOUND

Economic Data Release at 13 January 2009
  • November Trade Balance will be release at 8.30 ET, Analyst estimate a better defisit from -$57.2B to -$51.0B.
  • December Treasury Budget will be release at 14.00 ET, Analyst estimate release at -$33B, a better result from last release.
Earning Report
Alcoa release earning report yesterday, after market close, and post a surprise -$0.28, missed from analyst estimate at -$0.10. This report may affect DJI movement at 13 January 2009.

Event
Market wait for Presidential Inauguration of Barrack Obama at 20 January 2009.

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