US Market At 3 March 2009


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.
NASDAQ
Support at 1305, if this support break, NASDAQ will move to 1290.
Resistance at 1340, if this resistance break, NASDAQ will move to 1360.
S&P500
Support at 690, if this support break, S&P500 will move to 680.
Resistance at 710, if this resistance break, S&P500 will move to 720.

Economic Data Release at 4 March 2009.
  • February ADP Employment Change will be release at 08.15 ET.
  • February ISM Services will be release at 10.00 ET.
  • 27 February Crude Inventories will be release at 10.30 ET.
  • Fed Beige Book will be release at 14.00 ET.
Earning Report
4 March before market open, COST and TOL will release their earning report. Analyst estimate their earning release is lower than last year release.

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