US Market At 23 February 2009


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 1430.
S&P500
Support at 730, if this support break, S&P500 will move to 720.
Resistance at 755, if this resistance break, S&P500 will move to 765.

Economic Data Release at 24February 2009.
  • December S&P/CaseShiller Home Price Index will be release at 09.00 ET. Analyst expect no surprising release compare with last release.
  • February Consumer Confidence will be release at 10.00 ET. Analyst estimate lower data release compare to last release.
  • Semi Annual Bernanke Monetary Policy Report will be release at 10.00 ET.
Earning Report
24 February before market open, HD will release their earning report. Analyst estimate a lower earning than last year earning.

Event
Market still speculate about C and BAC fate. DJI already passed 7250, they have a support at 7000...

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