US Market At 8 April 2009


Market at 8 April 2009
DJIA
Open 7788.68 High 7887.52 Low 7750.85 Close 7837.11
NASDAQ
Open 1576.06 High 1595.97 Low 1567.22 Close 1590.66
S&P500
Open 816.76 High 828.42 Low 814.84 Close 825.16

February Wholesale Inventories released lower than last release and missed analyst estimation.
3 April Crude Inventories released lower surplus than last release and missed analyst estimation.

DJIA moved in trading range between support at 7710 and resistance at 7840 then closed at 7837.11.
NASDAQ moved in trading range between support at 1550 and resistance at 1600 then closed at 1590.66.
S&P500 moved in trading range between support at 815 and resistance at 830 then closed at 825.16.

Market at 9 April 2009
DJIA
Support at 7760, if this support break, DJI will move to 7690.
Resistance at 7900, if this resistance break, DJI will move to 7960.
NASDAQ
Support at 1575, if this support break, NASDAQ will move to 1555.
Resistance at 1605, if this resistance break, NASDAQ will move to 1615.
S&P500
Support at 815, if this support break, S&P500 will move to 810.
Resistance at 830, if this resistance break, S&P500 will move to 835.

Economic Data Release at 9 April 2009.
  • March Export Prices ex-ag. and Import Prices ex-oil will be release at 08.30 ET.
  • February Trade Balance will be release at 08.30 ET. Analyst estimate a lower balance than last release.
  • 4 April Initial Claims will be release at 08.30 ET. Analyst estimate a lower claims than last release.
Earning Report
There are no earning might affect today market movement.

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