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Showing posts from March, 2009

US Market at 31 March 2009

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Market at 31 March 2009 DJIA Open 7523.77 High 7725.36 Low 7523.45 Close 7608.92 NASDAQ Open 1519.96 High 1554.47 Low 1518.01 Close 1528.59 S&P500 Open 790.88 High 810.48 Low 790.88 Close 797.87 January S&P/Case-Shiller Home Price Index and March Chicago PMI released lower than last month release, while March Consumer Confidence released higher than last release. DJIA moved in positive territory and held by resistance level at 7715 then closed at 7608.92. NASDAQ moved in positive territory and held by resistance level at 1535 then closed at 1528.59. S&P500 moved in positive territory and held by resistance level at 805 then closed at 797.87. Market at 1 April 2009 DJIA Support at 7515, if this support break, DJI will move to 7415. Resistance at 7715, if this resistance break, DJI will move to 7820. NASDAQ Support at 1515, if this support break, NASDAQ will move to 1495. Resistance at 1550, if this resistance break, NASDA...

US Market At 30 March 2009

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Market at 30 March 2009 DJIA Open 7773.31 High 7773.39 Low 7437.59 Close 7522.02 NASDAQ Open 1516.04 High 1517.06 Low 1484.98 Close 1501.80 S&P500 Open 809.07 High 809.07 Low 779.81 Close 787.53 DJIA gapped down and moved in negative territory, they passed support at 7625 then closed at 7522.02. NASDAQ gapped down and moved in negative territory, they passed support at 1525 then closed at 1501.80. S&P500 gapped down and moved in negative territory, they passed support at 805 then closed at 787.53. Market at 31 March 2009 DJIA Support at 7380, if this support break, DJI will move to 7240. Resistance at 7715, if this resistance break, DJI will move to 7915. NASDAQ Support at 1485, if this support break, NASDAQ will move to 1470. Resistance at 1515, if this resistance break, NASDAQ will move to 1535. S&P500 Support at 775, if this support break, S&P500 will move to 760. Resistance at 805, if this resistance b...

US Market At 27 March 2009

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Market at 27 March 2009 DJIA Open 7922.57 High 7922.57 Low 7735.95 Close 7776.18 NASDAQ Open 1562.51 High 1569.21 Low 1543.43 Close 1545.20 S&P500 Open 828.68 High 828.68 Low 813.43 Close 815.94 February Personal Income and Personal Spending released a lower release than last release. March Mich Sentiment-Rev released a little bit higher than last release. DJIA moved in negative territory and passed support level at 7800 then closed at 7776.18. NASDAQ moved in negative territory and passed support level at 1560 then closed at 1545.20. S&P500 moved in negative territory and passed support level at 820 then closed at 815.94. Market at 30 March 2009 DJIA Support at 7700, if this support break, DJI will move to 7625. Resistance at 7880, if this resistance break, DJI will move to 8000. NASDAQ Support at 1535, if this support break, NASDAQ will move to 1525. Resistance at 1560, if this resistance break, NASDAQ will move to 1580. ...

US Market At 26 March 2009

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Market at 26 March 2009 DJIA Open 7752.36 High 7931.33 Low 7752.28 Close 7924.56 NASDAQ Open 1549.06 High 1587.00 Low 1545.21 Close 1587.00 S&P500 Open 814.06 High 832.98 Low 814.06 Close 832.86 Q4 GDP - Final and Q4 GDP Price Index released at the same level as last release. 21 March Initial Claims released higher than last release. 26 March before market open, BBY released their earning report. Their earning released better than analyst estimate but lower than last year earning. DJIA moved in positive territory and passed resistance at 7890 then closed at 7924.56. NASDAQ moved in positive territory and held by resistance at 1590 then closed at 1587.00. S&P500 moved in positive territory and held by resistance at 830 then closed at 832.86. Market at 27 March 2009 DJIA Support at 7870, if this support break, DJI will move to 7800. Resistance at 7985, if this resistance break, DJI will move to 8050. NASDAQ Support at 1560, if t...

US Market At 25 March 2009

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Market at 25 March 2009 DJIA Open 7659.81 High 7863.63 Low 7550.06 Close 7749.81 NASDAQ Open 1524.74 High 1554.25 Low 1487.94 Close 1528.95 S&P500 Open 806.81 High 826.78 Low 791.37 Close 813.88 February Durable Goods Orders and Durables, Ex-Transportation released higher than last release, better than analyst estimate and start to contracting to positive reading. February New Home Sales released higher release than last release. 20 March Crude Inventories released a higher inventories surplus. 25 March before market open, DRYS released their earning report. They posted lower earning than last year earning and missed analyst estimation. DJIA moved testing resistance at 7850 and moved down held by support at 7550 then closed at 7749.81. NASDAQ moved testing resistance at 1485 and moved down held by support at 1545 then closed at 1528.95. S&P500 moved testing resistance at 820 and moved down held by support at 790 then closed at 813.88. Market ...

US Market At 24 March 2009

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Market at 24 March 2009 DJIA Open 7773.47 High 7796.57 Low 7646.99 Close 7660.21 NASDAQ Open 1535.13 High 1546.21 Low 1515.63 Close 1518.37 S&P500 Open 820.60 High 823.65 Low 805.48 Close 806.33 DJIA moved testing resistance at 7800 and moved down held by support at 7600 then closed at 7660.21. NASDAQ moved testing resistance at 1540 and moved down held by support at 1505 then closed at 1518.37. S&P500 moved testing resistance at 825 and moved down held by support at 805 then closed at 806.33. Market at 25 March 2009 DJIA Support at 7600, if this support break, DJI will move to 7550. Resistance at 7700, if this resistance break, DJI will move to 7750. NASDAQ Support at 1505, if this support break, NASDAQ will move to 1495. Resistance at 1525, if this resistance break, NASDAQ will move to 1535. S&P500 Support at 800, if this support break, S&P500 will move to 790. Resistance at 815, if this resistance break, S...

US Market At 23 March 2009

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Market at 23 March 2009 DJIA Open 7279.25 High 7780.72 Low 7278.78 Close 7775.86 NASDAQ Open 1489.55 High 1555.77 Low 1482.15 Close 1555.77 S&P500 Open 772.31 High 823.37 Low 772.31 Close 822.92 February Existing Home Sales released higher than last release and better than analyst estimate. DJIA moved testing support at 7200 and moved up passed resistance at 7400 then closed at 7775.86. NASDAQ moved testing support at 1470 and moved up passed resistance at 1490 then closed at 1555.77. S&P500 moved testing support at 775 and moved up passed resistance at 785 then closed at 822.92. Market at 24 March 2009 DJIA Support at 7600, if this support break, DJI will move to 7450. Resistance at 7950, if this resistance break, DJI will move to 8100. NASDAQ Support at 1530, if this support break, NASDAQ will move to 1505. Resistance at 1580, if this resistance break, NASDAQ will move to 1605. S&P500 Support at 805, if this supp...

US Market At 20 March 2009

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Market at 20 March 2009 DJIA Open 7402.31 High 7460.93 Low 7257.83 Close 7278.38 NASDAQ Open 1495.33 High 1501.78 Low 1448.78 Close 1457.27 S&P500 Open 784.58 High 788.91 Low 766.20 Close 768.54 DJIA moved testing resistance at 7500 and moved down held by support at 7250 then closed at 7278.38. NASDAQ moved testing resistance at 1500 and moved down held by support at 1455 then closed at 1457.27. S&P500 moved testing resistance at 800 and moved down held by support at 765 then closed at 768.54. Market at 23 March 2009 DJIA Support at 7200, if this support break, DJI will move to 7130. Resistance at 7330, if this resistance break, DJI will move to 7400. NASDAQ Support at 1435, if this support break, NASDAQ will move to 1415. Resistance at 1470, if this resistance break, NASDAQ will move to 1490. S&P500 Support at 760, if this support break, S&P500 will move to 750. Resistance at 775, if this resistance break, S...

US Market At 19 March 2009

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Market at 19 March 2009 DJIA Open 7489.68 High 7548.46 Low 7369.26 Close 7400.80 NASDAQ Open 1509.44 High 1509.06 Low 1475.49 Close 1483.48 S&P500 Open 797.92 High 803.24 Low 781.82 Close 784.04 14 March Initial Claims released a lower claims than last release. February Leading Indicators a negative release which lower than last release. March Philadelphia Fed released a better number than last release. 19 March before market open, FDX released their earning report. They posted lower earning than last year release and missed analyst estimation. 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 20 March 2009 DJIA Support at 7330, if this support break, DJI will move to 7260. ...

US Market at 18 March 2009

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Market at 18 March 2009 DJIA Open 7395.70 High 7571.64 Low 7257.27 Close 7486.58 NASDAQ Open 1456.11 High 1507.40 Low 1448.67 Close 1491.22 S&P500 Open 776.01 High 803.04 Low 765.64 Close 794.35 February CPI and Core CPI released relatively at the same level as last month release. Q4 Current Account Balance released a lower deficit than last quarter release. 13 March Crude Inventories released a higher inventories than last release. FOMC Meeting released an extend on effort to stabilize the economic by committing to buy Treasuries and doubled the mortgage debt purchases to avoid a repeat of the Great Depression and to pump credit line to market. DJIA moved testing support at 7250 and moved up held by resistance at 7550 then closed at 7486.58. NASDAQ moved testing support at 1440 and moved up held by resistance at 1500 then closed at 1491.22. S&P500 moved testing support at 760 and moved up held by resistance at 800 then closed at 794.35. Mark...

US Market At 17 March 2009

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Market at 17 March 2009 DJIA Open 7218.00 High 7396.81 Low 7172.05 Close 7395.70 NASDAQ Open 1408.20 High 1462.11 Low 1405.32 Close 1462.11 S&P500 Open 753.88 High 778.12 Low 749.93 Close 778.12 February Building Permits and Housing Starts released higher than last release and surprised analyst estimation. February PPI and Core PPI released lower than last release. DJIA moved testing support at 7150 and moved up held by resistance at 7450 then closed at 7395.70. NASDAQ moved testing support at 1400 and moved up passed resistance at 1430 then closed at 1462.11. S&P500 moved testing support at 750 and moved up passed resistance at 765 then closed at 778.12. Market at 18 March 2009 DJIA Support at 7325, if this support break, DJI will move to 7250. Resistance at 7470, if this resistance break, DJI will move to 7550. NASDAQ Support at 1440, if this support break, NASDAQ will move to 1425. Resistance at 1481, if this resistance ...

US Market At 16 March 2009

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Market at 16 March 2009 DJIA Open 7225.33 High 7392.91 Low 7206.85 Close 7216.97 NASDAQ Open 1442.94 High 1445.27 Low1402.48 Close 1404.02 S&P500 Open 758.84 High 774.53 Low 753.37 Close 753.89 March Empire Manufacturing released lower than last month release. January Net Long-Term TIC Flows released bigger deficit than last month release. February Capacity Utilization released lower than last release while February Industrial Production still release in negative reading. DJIA moved testing resistance at 7400 and moved down held by support at 7200 then closed at 7216.97. NASDAQ moved testing resistance at 1440 and moved down held by support at 1400 then closed at 1404.02. S&P500 moved testing resistance at 770 and moved down held by support at 750 then closed at 753.89. Market at 17 March 2009 DJIA Support at 7150, if this support break, DJI will move to 7080. Resistance at 7330, if this resistance break, DJI will move to 7450. N...

US Market At 13 March 2009

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Market at 13 March 2009 DJIA Open 7167.35 High 7242.62 Low 7105.86 Close 7223.98 NASDAQ Open 1430.94 High 1433.98 Low 1408.26 Close 1431.50 S&P500 Open 751.97 High 758.29 Low 742.46 Close 756.55 February Export Prices ex-ag. and Import Prices ex-oil released at the same level as last month release. January Trade Balance released a smaller deficit than last month release. March Mich Sentiment-Prel also released at the same level as last month release. DJIA moved testing resistance at 7280 and moved down held by support at 7075 then closed at 7223.98. NASDAQ moved testing resistance at 1430 and moved down held by support at 1400 then closed at 1431.50. S&P500 moved testing resistance at 765 and moved down held by support at 740 then closed at 756.55. Market at 16 March 2009 DJIA Support at 7140, if this support break, DJI will move to 7050. Resistance at 7275, if this resistance break, DJI will move to 7325. NASDAQ Support at 141...

US Market At 12 March 2009

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Market at 12 March 2009 DJIA Open 6932.39 High 7184.71 Low 6872.25 Close 7170.06 NASDAQ Open 1367.33 High 1427.55 Low 1355.05 Close 1426.10 S&P500 Open 720.89 High 752.63 Low 714.76 Close 750.74 February Retail Sales and Retail Sales ex-auto released lower sales than last month release but better than analyst estimate. 7 March Initial Claims release higher than last release and missed analyst estimate. January Business Inventories released a better data than last month release. DJIA moved down testing support at 6860 and passed their resistance at 7085 then closed at 7170.06. NASDAQ moved down testing support at 1355 and passed their resistance at 1400 then closed at 1426.10. S&P500 moved down testing support at 710 and passed their resistance at 740 then closed at 750.74. Market at 13 March 2009 DJIA Support at 7075, if this support break, DJI will move to 6965. Resistance at 7280, if this resistance break, DJI will move to 7385. ...

US Market At 11 March 2009

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Market at 11 March 2009 DJIA Open 6923.13 High 7015.06 Low 6867.55 Close 6930.40 NASDAQ Open 1366.07 High 1385.18 Low 1352.60 Close 1371.64 S&P500 Open 719.59 High 731.92 Low 713.85 Close 721.36 6 March Crude Inventories released higher than last release. February Treasury Budget released a bigger deficit than last month release but better than analyst estimate. DJIA moved testing resistance at 7050 and moved down held by support at 6800 then closed at 6930.40. NASDAQ moved testing resistance at 1380 and moved down held by support at 1350 then closed at 1371.64. S&P500 moved testing resistance at 735 and moved down held by support at 715 then closed at 721.36. Market at 12 March 2009 DJIA Support at 6860, if this support break, DJI will move to 6790. Resistance at 7000, if this resistance break, DJI will move to 7085. NASDAQ Support at 1355, if this support break, NASDAQ will move to 1335. Resistance at 1385, if this resista...

US Market At 10 March 2009

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Market at 10 March 2009 DJIA Open 6547.01 High 6926.49 Low 6546.61 Close 6926.49 NASDAQ Open 1293.67 High 1358.28 Low 1288.95 Close 1258.28 S&P500 Open 679.28 High 719.60 Low 679.28 Close 719.60 February Wholesale Inventories released a better data than last release, but still in negative reading. DJIA moved in positive territory then closed at 6926.49. NASDAQ moved in positive territory then closed at 1258.28. S&P500 moved in positive territory then closed at 719.60. All index moved in positive territory after C released a good outlook for their earning. Market at 11 March 2009 DJIA Support at 6800, if this support break, DJI will move to 6675. Resistance at 7050, if this resistance break, DJI will move to 7175. NASDAQ Support at 1310, if this support break, NASDAQ will move to 1265. Resistance at 1380, if this resistance break, NASDAQ will move to 1405. S&P500 Support at 705, if this support break, S&P500 wil...

US Market At 9 March 2009

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Market at 9 March 2009 DJIA Open 6625.74 High 6709.61 Low 6516.86 Close 6547.05 NASDAQ Open 1281.98 High 1316.15 Low 1265.52 Close 1268.64 S&P500 Open 680.76 High 695.27 Low 672.88 Close 676.53 DJIA moved testing resistance at 6750 and moved down held by support at 6475 then closed at 6547.05. NASDAQ moved testing resistance at 1320 and moved down held by support at 1270 then closed at 1268.64. S&P500 moved testing resistance at 700 and moved down held by support at 670 then closed at 676.53. Market at 10 March 2009 DJIA Support at 6475, if this support break, DJI will move to 6400. Resistance at 6660, if this resistance break, DJI will move to 6780. NASDAQ Support at 1250, if this support break, NASDAQ will move to 1230. Resistance at 1280, if this resistance break, NASDAQ will move to 1300. S&P500 Support at 665, if this support break, S&P500 will move to 660. Resistance at 690, if this resistance break, S...