US Market At 10 March 2009


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 will move to 690.
Resistance at 735, if this resistance break, S&P500 will move to 745.

Economic Data Release at 11 March 2009.
  • 6 March Crude Inventories will be release at 10.30 ET.
  • February Treasury Budget will be release at 14.00 ET. Analyst estimate a bigger deficit compare with last month release.
Earning Report
There are no earning might affect today market movement.

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