US Market At 25 March 2009


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 at 26 March 2009
DJIA
Support at 7575, if this support break, DJI will move to 7400.
Resistance at 7890, if this resistance break, DJI will move to 8030.
NASDAQ
Support at 1495, if this support break, NASDAQ will move to 1455.
Resistance at 1560, if this resistance break, NASDAQ will move to 1590.
S&P500
Support at 795, if this support break, S&P500 will move to 775.
Resistance at 830, if this resistance break, S&P500 will move to 845.

Economic Data Release at 26 March 2009.
  • Q4 GDP - Final and Q4 GDP Price Index will be release at 08.30 ET.
  • 21 March Initial Claims will be release at 08.30 ET.
Earning Report
26 March before market open, BBY will release their earning report. Analyst estimate their earning release is lower than last year release.

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