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Market at 6 March 2009 DJIA Open 6595.16 High 6755.17 Low 6469.95 Close 6626.94 NASDAQ Open 1306.25 High 1320.51 Low 1268.54 Close 1293.85 S&P500 Open 684.04 High 699.09 Low 666.79 Close 683.38 February Average Workweek, February Hourly Earnings and February Nonfarm Payrolls released inline with analyst estimation and level with last release. February Unemployment Rate released higher than last release. January Consumer Credit released higher than last release. DJIA moved testing resistance at 6800 and moved down held by support at 6450 then closed at 6626.94. NASDAQ moved testing resistance at 1330 and moved down held by support at 1270 then closed at 1293.85. S&P500 moved testing resistance at 700 and moved down held by support at 670 then closed at 683.38. Market at 9 March 2009 DJIA Support at 6475, if this support break, DJI will move to 6325. Resistance at 6750, if this resistance break, DJI will move to 6900. NASDAQ Supp...

Market at 3 March 2009 DJIA Open 6764.81 High 6855.29 Low 6705.63 Close 6726.02 NASDAQ Open 1341.42 High 13426.88 Low 1312.98 Close 1321.01 S&P500 Open 704.44 High 711.67 Low 692.30 Close 696.33 January Pending Home Sales released missed analyst estimation and found negative data release. February Auto Sales and February Truck Sales released higher than last release. 3 March before market open, AZO released their earning report. They posted higher earning than last year earning and beated analyst estimate. DJIA moved in trading range between support at 6650 and resistance at 6850 then closed at 6726.02. NASDAQ moved in trading range between support at 1305 and resistance at 1340 then closed at 1321.01. S&P500 moved in trading range between support at 690 and resistance at 710 then closed at 696.33. Market at 4 March 2009 DJIA Support at 6675, if this support break, DJI will move to 6600. Resistance at 6800, if this resistance break, DJI will move to 6900. NASDA...

Market at 2 March 2009 DJIA Open 7056.48 High 7058.95 Low 6755.17 Close 6763.29 NASDAQ Open 1356.13 High 1372.00 Low 1322.13 Close 1322.85 S&P500 Open 729.57 High 729.57 Low 699.70 Close 700.82 January Personal Income and January Personal Spending released higher than last release and beat analyst estimation. January Core PCE released higher than last release and beat analyst estimation. January Construction Spending released lower than last release and missed analyst estimation. February ISM Index released at the same level as last release. 2 March before market open, AIG released their earning report. AIG posted bigger losses than last year earning and missed analyst estimate by a big number. AIG earning make all index drawn down. DJIA passed their support at 6935 then closed at 6763.29. NASDAQ passed their support at 1355 then closed at 1322.85. S&P500 passed their support at 720 then closed at 700.82. Market at 3 March 2009 DJIA Support at 6650, if this support br...

Market at 27 February 2009 DJIA Open 7180.97 High 7195.46 Low 7033.62 Close 7062.93 NASDAQ Open 1371.53 High 1401.97 Low 1372.42 Close 1377.84 S&P500 Open 749.93 High 751.27 Low 734.52 Close 735.09 Q4 GDP-Prel. released lower than last release while Chain Deflator-Prel. released higher. February Chicago PMI released higher than last release, while February Mich Sentiment-Rev released at the same level as last release. DJIA opened down to support at 7025, pulled up to testing resistance at 7250 and moved back to support at 7025 then closed at 7062.93. NASDAQ opened down to support at 1375, pulled up to testing resistance at 1410 and moved back to support at 1375 then closed at 1377.84. S&P500 opened down to support at 730, pulled up to testing resistance at 750 and moved back to support at 730 then closed at 735.09. Market at 2 March 2009 DJIA Support at 7000, if this support break, DJI will move to 6935. Resistance at 7150, if this resistance break, DJI will move to 7250. NASD...

Market at 26 February 2009 DJIA Open 7269.06 High 7402.31 Low 7173.56 Close 7182.08 NASDAQ Open 1438.37 High 1444.83 Low 1391.47 Close 1391.47 S&P500 Open 765.76 High 779.42 Low 751.75 Close 752.83 January Durable Goods Orders and Durables, Ex-Tran released a lower data than last release. 21 February Initial Claims released higher than last release. January New Home Sales released lower than last release. All economic data release indicate manufacture, employment and housing still contracting. 26 February before market open, GM released their earning report. GM posted losses compare with last year earning and the losses bigger than analyst estimate. DJIA moved testing resistance at 7400 and moved down held by support at 7150 then closed at 7182.08. NASDAQ moved testing resistance at 1450 and moved down held by support at 1400 then closed at 1391.47. S&P500 moved testing resistance at 780 and moved down held by support at 750 then closed at 752.83. Market at 27 February 2009 DJ...

Market at 25 February 2009 DJIA Open 7349.58 High 7404.94 Low 7156.68 Close 7270.89 NASDAQ Open 1431.11 High 1453.66 Low 1404.54 Close 1425.43 S&P500 Open 770.64 High 780.12 Low 752.89 Close 764.90 Bernanke's testimony to the Senate Banking Committee on the Fed semiannual report on monetary policy said that FED main concern is to restore a degree of stability to some financial markets and committed transparency to keeping the Congress and the public informed about its lending programs and balance sheet. January Existing Home Sales released lower than last month release and missed anaylst estimate. 20 February Crude Inventories increased 700.000 barrels, less than analyst estimate. The release make oil price go higher to $42/barrels. DJIA held by support at 7180 and tested resistance at 7450 then closed at 7270.89. NASDAQ held by support at 1410 and tested resistance at 1460 then closed at 1425.43. S&P500 held by support at 755 and tested resistance at 785 then closed at 76...

Market at 24 February 2009 DJIA Open 7115.34 High 7378.97 Low 7114.30 Close 7350.94 NASDAQ Open 1393.57 High 1445.07 Low 1395.11 Close 1441.83 S&P500 Open 744.69 High 775.49 Low 744.69 Close 773.14 December S&P/CaseShiller Home Price Index released lower than last release. February Consumer Confidence released lower than last release and missed analyst expectation. Bernanke's testimony to the Senate Banking Committee on the Fed semiannual report on monetary policy said that FED will force any effort to avoid big firm closing until it's save to do so. All effort made with tough supervision to make sure they restore their profitability. 24 February before market open, HD post a lower earning than last year earning but better than analyst estimate. DJIA moved in positive area, passed resistance at 7325 then closed at 7350.94. NASDAQ moved in positive area, passed resistance at 1430 then closed at 1441.83. S&P500 moved in positive area, passed resistance at 765 then c...

Market at 23 February 2009 DJIA Open 7365.99 High 7441.02 Low 7105.94 Close 7114.78 NASDAQ Open 1447.80 High 1452.58 Low 1386.68 Close 1387.72 S&P500 Open 773.25 High 777.85 Low 742.37 Close 743.33 DJIA, NASDAQ AND S&P500 move in negative area, as market concern more on C and BAC fate in stock market. DJIA move in negative area, after testing resistance at 7450 then they down and passed support at 7150 then close at 7114.78. NASDAQ move in negative area, NASDAQ testing resistance at 1460 then they down and passed support at 1400 then close at 1387.72. S&P500 move in negative area, they testing resistance at 780 then they down and passed support at 745 then close at 743.33 Market at 24 February 2009 DJIA Support at 7000, if this support break, DJI will move to 6875. Resistance at 7225, if this resistance break, DJI will move to 7325. NASDAQ Support at 1365, if this support break, NASDAQ will move to 1345. Resistance at 1410, if this resistance break, NASDAQ will move to 143...

Market at 20 February 2009 DJIA Open 7461.49 High 7469.29 Low 7249.47 Close 7365.67 NASDAQ Open 1429.68 High 1454.39 Low 1416.96 Close 1441.23 S&P500 Open 775.87 High 778.69 Low 754.25 Close 770.05 January Core CPI and CPI released higher than last mont release and top analyst estimation. DJIA move in negative area, testing major support at 7250 and up again to resistance at 7450 then close at 7365.67. NASDAQ move in negative area, testing support at 1415 and up again to resistance at 1455 then close at 1441.23. S&P500 move in negative area, testing support at 755 and up again to resistance at 785 then close at 770.05. Market at 23 February 2009 DJIA Support at 7250, if this support break, DJI will move to 7150. Resistance at 7475, if this resistance break, DJI will move to 7575. NASDAQ Support at 1420, if this support break, NASDAQ will move to 1400. Resistance at 1460, if this resistance break, NASDAQ will move to 1475. S&P500 Support at 755, if this support break, S...

Market at 19 February 2009 DJIA Open 7555.23 High 7614.97 Low 7447.55 Close 7465.95 NASDAQ Open 1480.84 High 1485.14 Low 1442.53 Close 1442.82 S&P500 Open 787.91 High 797.58 Low 777.03 Close 778.94 January Core PPI and PPI released higher than last release and higher than analyst estimation, January Leading Indicators also released higher than last release. These raised concern in inflation thread. 14 February Initial Claims released at the same level as last release and missed analyst estimation. February Philadelphia Fed released lower than last release and missed analyst estimation. 13 February 2009 Crude Inventories decrease unexpectedly by 138.ooo barrel and drive oil price to move higher. 19 February before market open, APA and NBL released their earning report. APA post a lower earning than last year earning and missed analyst estimation, while NBL also post a lower earning than last year earning but surprised analyst estimation. DJIA move in negative area, from resis...

Market at 18 February 2009 DJIA Open 7546.35 High 7617.76 Low 7479.97 Close 7555.63 NASDAQ Open 1479.69 High 1487.92 Low 1454.46 Close 1467.97 S&P500 Open 791.06 High 796.17 Low 780.43 Close 788.42 January Housing Starts release lower than last month and missed analyst estimation. While January Building Permits release lower than last month but still meet analyst estimation. January Export Prices ex-ag. and Import Prices ex-oil release an improved stat than last month release. January Industrial Production and Capacity Utilization release a better data than last release but missed analyst estimation. 28 January 2009 FOMC Minutes said that FED doubt 2009 recovery and they assume recovery in US economic activity would begin in the third or fourth quarter of 2009 as the economy begins to respond to fiscal stimulus, relatively low energy prices, and continuing efforts to stabilize the financial sector and increase the availability of credit. DJIA move in trading range, testing su...

Market at 17 February 2009 DJIA Open 7845.63 High 7845.63 Low 7551.01 Close 7552.60 NASDAQ Open 1492.32 High 1492.82 Low 1467.79 Close 1470.66 S&P500 Open 818.61 High 818.61 Low 789.17 Close 789.17 February Empire State Mfg release lower than last release and missed analyst estimation. December Net Long-Term TIC Flows release better than analyst estimation and higher than last release. 17 February 2009 before market open, RIG and WMT release their earning report. RIG post higher earning than last year earning but missed analyst estimation. While WMT release lower earning than last year but better than analyst estimate. DJIA move in negative area since market open, held and moving in trading range at 7550 support and close at 7552.60 . NASDAQ opened gap down, held and moving in trading range at 1470 support and 1490 resistance, then close at 1470.66 . S&P500 move in negative area since market open, held and moving in trading range at 790 support and close at 789.17 Market ...

Market at 13 February 2009 DJIA Open 7933.00 High 7970.84 Low 7840.45 Close 7850.41 NASDAQ Open 1540.06 High 1552.57 Low 1530.05 Close 1534.36 S&P500 Open 833.95 High 839.43 Low 825.21 Close 826.84 February Mich Sentiment-Prel release lower than last release. DJIA move in trading range between support at 7850 and resistance at 8000 then close at 7850.41. NASDAQ move in trading range between support at 1525 and resistance at 1560 then close at 1534.36 . S&P500 move in trading range between support at 825 and resistance at 845 then close at 826.84 Market at 17 February 2009 DJIA Support at 7800, if this support break, DJI will move to 7750. Resistance at 7930, if this resistance break, DJI will move to 8000. NASDAQ Support at 1525, if this support break, NASDAQ will move to 1515. Resistance at 1550, if this resistance break, NASDAQ will move to 1560. S&P500 Support at 820, if this support break, S&P500 will move to 815. Resistance at 835, if this resistance br...

Market at 12 February 2009 DJIA Open 7931.97 High 7938.82 Low 7693.98 Close 7932.76 NASDAQ Open 1507.92 High 1542.51 Low 1495.34 Close 1541.71 S&P500 Open 829.91 High 835.48 Low 808.06 Close 835.19 7 February Initial Claims release lower than last release but missed analyst expectation. January Retail Sales and Retail Sales ex-auto release higher than last release and recover to positive data reading. December Business Inventories missed analyst estimation and lower than last month release. 12 February before market open, KO release their earning report. They post earning higher than last year earning and better than analyst estimation. DJIA move in negative territory, held by support at 7700 and testing resistance at 8000 then close at 7932.76. NASDAQ move in negative territory, held by support at 1500 and testing resistance at 1545 then close at 1541.71 . S&P500 move in negative territory, held by support at 815 and testing resistance at 825 then close at 835.19 Market...

Market at 11 February 2009 DJIA Open 7887.05 High 7983.74 Low 7852.16 Close 7939.53 NASDAQ Open 1529.63 High 1542.84 Low 1509.35 Close 1530.50 S&P500 Open 827.41 High 838.22 Low 822.30 Close 833.74 December Trade Balance release a better deficit than last month release but missed analyst estimation. 6 February Crude Inventories release an increasing inventories than last release, it indicate energy consumption decreasing. January Monthly Budget Statement release deficit on treasury budget and higher decrease than analyst estimate. DJIA move mixed testing resistance at 8000 and held by support at 7850 then close at 7939.53. NASDAQ move mixed testing resistance at 1550 and held by support at 1500 then close at 1530.50. S&P500 move mixed testing resistance at 840 and held by support at 810 then close at 833.74 Market at 12 February 2009 DJIA Support at 7860, if this support break, DJI will move to 7800. Resistance at 8000, if this resistance break, DJI will move to 80...

Market at 10 February 2009 DJIA Open 8269.36 High 8269.44 Low 7848.74 Close 7888.88 NASDAQ Open 1577.87 High 1598.50 Low 1520.56 Close 1524.73 S&P500 Open 866.87 High 868.05 Low 822.99 Close 827.16 December Wholesale Inventories release lower than last month release and missed analyst estimate. All index move in negative territory as market react negative after Treasury Secretary announced Economic Stimulus plans. DJIA move down sharply and held by support at 7850 then close at 7888.88 NASDAQ move down sharply and held by support at 1520 then close at 1524.73 S&P500 move down sharply and held by support at 820 then close at 827.16 Market at 11 February 2009 DJIA Support at 7725, if this support break, DJI will move to 7575. Resistance at 8000, if this resistance break, DJI will move to 8150. NASDAQ Support at 1500, if this support break, NASDAQ will move to 1470. Resistance at 1550, if this resistance break, NASDAQ will move to 1575. S&P500 Support at 810, if th...

Market at 9 February 2009 DJIA Open 8281.38 High 8315.07 Low 8196.24 Close 8270.87 NASDAQ Open 1589.99 High 1598.23 Low 1576.10 Close 1591.56 S&P500 Open 868.24 High 875.01 Low 861.65 Close 869.89 All index move mixed, as market wait for Economic Stimulus agreement from senate. DJIA move in trading range between 8300 and 8200 then close at 8270.87 NASDAQ move in trading range between 1600 and 1575 then close at 1591.56 S&P500 move in trading range between 860 and 875 then close at 869.89 Market at 10 February 2009 DJIA Support at 8200, if this support break, DJI will move to 8150. Resistance at 8325, if this resistance break, DJI will move to 8375. NASDAQ Support at 1575, if this support break, NASDAQ will move to 1560. Resistance at 1600, if this resistance break, NASDAQ will move to 1610. S&P500 Support at 860, if this support break, S&P500 will move to 855. Resistance at 875, if this resistance break, S&P500 will move to 880. Economic Data Release at ...

Market at 6 February 2009 DJIA Open 8056.38 High 8312.37 Low 8052.24 Close 8280.59 NASDAQ Open 1548.73 High 1594.26 Low 1545.85 Close 1591.71 S&P500 Open 846.09 High 870.75 Low 845.42 Close 868.60 January Unemployment Rate release higher rate than last month release, but still inline with analyst estimation. January Nonfarm Payrolls release lower than last month release and missed analyst estimation, while Hourly Earnings and Average Workweek release at the same level as last release and meet analyst estimation. December Consumer Credit release a better data than last month but still release a negative reading and missed analyst estimation. DJIA move in positive territory and passed resistance at 8250 then close at 8280.59. NASDAQ move in positive territory and testing resistance at 1590 then close at 1591.71. S&P500 move in positive territory and testing resistance at 870 then close at 868.60 Market at 9 February 2009 DJIA Support at 8125, if this support break...

Market at 5 February 2009 DJIA Open 7954.83 High 8107.83 Low 7845.31 Close 8063.07 NASDAQ Open 1498.80 High 1554.37 Low 1495.52 Close 1546.24 S&P500 Open 831.75 High 850.55 Low 819.91 Close 845.85 Q4 Productivity-Prel release a better release than last month release while Unit Labor Costs missed analyst estimation and show a significant decline from last mont release. 31 January Initial Claims release a higher data than last month release. December Factory Orders release improved condition but missed analyst estimation and still report negative data. 5February before market open, MA release a higher earning than last year earning and better than analyst estimation. DJIA testing support at 7850 then pull back to resistance at 8100 and close at 8063.07. NASDAQ testing support at 1500 then pull back to resistance at 1540 then close at 1546.24. S&P500 testing support at 825 then pull back to resistance at 845 then close at 845.85 Market at 6 February 2009 DJIA Support ...

Market at 4 February 2009 DJIA Open 8070.32 High 8162.15 Low 7929.26 Close 7956.66 NASDAQ Open 1516.53 High 1549.64 Low 1508.87 Close 1515.05 S&P500 Open 837.77 High 851.85 Low 829.18 Close 832.23 January ADP Employment Change and ISM Services report a better release than last month release. These release make market move in positive territory. 30 January Crude Inventories release a higher inventories than last release. DJIA testing resistance at 8150 then pull back to support at 7950 and close at 7956.66. NASDAQ testing resistance at 1550 then move down to support at 1510 then close at 1515.05. S&P500 testing resistance at 855 then pull back to support at 825 then close at 832.23 Market at 5 February 2009 DJIA Support at 7850, if this support break, DJI will move to 7775. Resistance at 8025, if this resistance break, DJI will move to 8100. NASDAQ Support at 1500, if this support break, NASDAQ will move to 1485. Resistance at 1525, if this resistance break, NASDAQ wi...

Market at 3 February 2009 DJIA Open 7936.99 High 8111.57 Low 7905.52 Close 8078.36 NASDAQ Open 1499.07 High 1521.21 Low 1479.42 Close 1516.30 S&P500 Open 825.69 High 842.60 Low 821.98 Close 838.51 December Pending Home Sales release a better release than last month and show an increase on affordability to buy house. January Auto Sales and Truck Sales release is lower than last month release and move market to negative teritory. 3 February before market open, CME and MRK release their earning report. CME release a better than analyst estimation but lower than last year earning, while MRK earning higher than last year earning and beat analyst estimation. DJIA moving in positive territory, held at 8100 support then close at 8078.36. NASDAQ testing support at 1482 then move back up ant held by resistance 1520 then close at 1516.30. S&P500 testing support at 815 then move back up ant held by resistance at 840 then close at 838.51 Market at 4 February 2009 DJIA Support a...

Market at 2 February 2009 DJIA Open 8000.62 High 8000.62 Low 7867.37 Close 7936.75 NASDAQ Open 1462.67 High 1502.72 Low 1460.51 Close 1494.43 S&P500 Open 823.09 High 830.78 Low 812.87 Close 825.43 December Personal Income show improvement and better than analyst estimation, but still give negative reading. Desember Personal Spending and Construction Spending release lower than last month release and missed analyst estimation. January ISM Index release better than analyst estimation and growing from last release. DJIA moving in negative territory, passed held at 7900 support then close at 7936.75. NASDAQ testing resistance at 1510 then move back down ant held by support at 1460 then close at 1494.43. S&P500 testing resistance at 835 then move back down ant held by support at 815 then close at 825.43 Market at 3 February 2009 DJIA Support at 7850, if this support break, DJI will move to 7800. Resistance at 8000, if this resistance break, DJI will move to 8050. NASDAQ...

Market at 30 January 2009 DJIA Open 8149.01 High 8195.76 Low 7961.92 Close 8000.86 NASDAQ Open 1517.56 High 1523.45 Low 1472.51 Close 1476.42 S&P500 Open 845.69 High 851.66 Low 821.67 Close 825.88 Q4 Chain Deflator-Adv and GDP-Adv data released lower than analyst consensus and Chain Deflator reach negative reading. January 2009 Chicago PMI and Mich Sentiment-Rev missed analyst expectation. Q4 Employment Cost Index release lower than last Quarter release. 30 January 2009 before market open, CVX, XOM, HON and PG release their earning report. HON and PG release earning higher than last year earning and meet analyst estimation. CVX release earning surprise analyst estimation, they release a better than estimate and higher than last year earning. XOM release earning lower than last year earning but better than analyst estimation. DJIA moving in negative territory, passed support at 8050 and held at 7950 support then close at 8000.86. NASDAQ moving in negative territory, passed ...