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Market at 29 May 2009 DJIA Open 8404.04 High 8522.95 Low 8368.52 Close 8500.33 NASDAQ Open 1759.23 High 1774.33 Low 1742.99 Close 1774.33 S&P500 Open 907.02 High 920.02 Low 903.56 Close 919.14 Q1 GDP - Prelim. released a better release than last release, while Q1 GDP Deflator released at steady level as last release. May Chicago PMI released a lower data than last release and May Mich Sentiment-Rev released higher than last release. 29 May before market open, TIF released their earning report. They released a lower earning than last year release but meet analyst estimation. DJIA moved up testing resistance at 8550 then closed at 8500.33. NASDAQ moved up testing resistance at 1780 then closed at 1774.33. S&P500 moved up testing resistance at 925 then closed at 919.14. Market at 1 June 2009 DJIA Support at 8405, if this support break, DJI will move to 8310. Resistance at 8620, if this resistance break, DJI will move to 8715. NASDAQ ...

Market at 28 May 2009 DJIA Open 8300.50 High 8434.62 Low 8246.58 Close 8403.80 NASDAQ Open 1743.54 High 1754.95 Low 1714.48 Close 1751.79 S&P500 Open 892.96 High 909.45 Low 887.60 Close 906.83 April Durable Goods Orders and April Durables, Ex-Transport released a better release than last release and beated analyst estimation. 23 May Initial Claims released a lower claims than last release. April New Home Sales released at steady level as last release. 22 May Crude Inventories released that inventories fell more than analyst estimation and made crude oil price up above US$ 60/barrel. 28 May before market open, COST released their earning report. They released a lower earning than last year release and missed analyst estimation. DJIA moved testing support at 8225 and moved up held by resistance at 8435 then closed at 8403.80. NASDAQ moved testing support at 1720 and moved up held by resistance at 1755 then closed at 1751.79. S&P500 moved testing su...

Market at 27 May 2009 DJIA Open 8473.65 High 8496.59 Low 8289.35 Close 8300.02 NASDAQ Open 1745.56 High 1768.22 Low 1728.96 Close 1731.08 S&P500 Open 909.95 High 913.84 Low 891.87 Close 893.06 April Existing Home Sales released a higher sales than last release and better than analyst estimate. 27 May before market open, AZO released their earning report. They released their earning higher than last year earning and better than analyst estimation. DJIA moved down held by support at 8300 then closed at 8300.02. NASDAQ moved testing resistance at 1765 and moved down held by support at 1725 then closed at 1731.08. S&P500 moved testing resistance at 920 and moved down held by support at 890 then closed at 893.06. Market at 28 May 2009 DJIA Support at 8225, if this support break, DJI will move to 8155. Resistance at 8435, if this resistance break, DJI will move to 8570. NASDAQ Support at 1720, if this support break, NASDAQ will move to 1...

Market at 26 May 2009 DJIA Open 8275.33 High 8495.71 Low 8226.90 Close 8473.49 NASDAQ Open 1678.63 High 1751.47 Low 1677.54 Close 1750.43 S&P500 Open 887.00 High 911.76 Low 881.46 Close 910.33 March S&P/CaseShiller Home Price Index released at steady level as last release and still at negative reading. March Consumer Confidence released a better release than last release and beated analyst estimate. DJIA moved up passed resistance at 8405 then closed at 8473.49. NASDAQ moved up passed resistance at 1725 then closed at 1750.43. S&P500 moved up passed resistance at 900 then closed at 910.33. Market at 27 May 2009 DJIA Support at 8300, if this support break, DJI will move to 8130. Resistance at 8570, if this resistance break, DJI will move to 8670. NASDAQ Support at 1725, if this support break, NASDAQ will move to 1700. Resistance at 1775, if this resistance break, NASDAQ will move to 1800. S&P500 Support at 900, if...

Market at 22 May 2009 DJIA Open 8292.21 High 8364.14 Low 8257.17 Close 8277.32 NASDAQ Open 1702.10 High 1711.98 Low 1682.24 Close 1692.01 S&P500 Open 888.68 High 896.65 Low 883.75 Close 887.00 DJIA moved in trading range between support at 8205 and resistance at 8400 then closed at 8277.32. NASDAQ moved in trading range between support at 1675 and resistance at 1715 then closed at 1692.01. S&P500 moved in trading range between support at 880 and resistance at 900 then closed at 887.00. Market at 26 May 2009 DJIA Support at 8235, if this support break, DJI will move to 8190. Resistance at 8340, if this resistance break, DJI will move to 8405. NASDAQ Support at 1680, if this support break, NASDAQ will move to 1665. Resistance at 1710, if this resistance break, NASDAQ will move to 1725. S&P500 Support at 880, if this support break, S&P500 will move to 875. Resistance at 895, if this resistance break, S&P500 wil...

Market at 21 May 2009 DJIA Open 8416.07 High 8416.15 Low 8221.01 Close 8292.13 NASDAQ Open 1710.59 High 1719.58 Low 1677.77 Close 1695.25 S&P500 Open 900.42 High 900.42 Low 879.61 Close 888.33 May Initial Claims released a lower claims than last release but still higher than analyst estimation. April Leading Indicators released a better release than last release. May Philadelphia Fed released a better release than last release, but still in negative reading. DJIA moved down passing support at 8285 but still closed above support at 8292.13. NASDAQ moved down passing support at 1695 but still closed above support at 1695.25. S&P500 moved down passing support at 885 but still closed above support at 888.33. Market at 22 May 2009 DJIA Support at 8205, if this support break, DJI will move to 8115. Resistance at 8400, if this resistance break, DJI will move to 8505. NASDAQ Support at 1675, if this support break, NASDAQ will move to 1655...

Market at 20 May 2009 DJIA Open 8471.82 High 8591.93 Low 8405.47 Close 8422.04 NASDAQ Open 1746.58 High 1767.47 Low 1722.32 Close 1727.84 S&P500 Open 908.62 High 924.60 Low 901.37 Close 903.47 15 May Crude Inventories released fell more than expected and made oil price to their highest level in more than six months. 29 April FOMC Minutes decided to keep rates and announced recession-busting measures to existing liquidity program to help unfreeze credit markets. They looked for any indication to withdrawing liquidity programs and perhaps to raise rates again. Fed updated their economic forecasts. They revised down GDP and inflation forecasts while unemployment rate revised up. 20 May before market open, BJ, DE and TGT released their earning report. DE and TGT released their earning better than analyst estimation but lower than last year release, while BJ released their earning higher than last year earning and better than analyst estimation. DJIA moved te...

Market at 19 May 2009 DJIA Open 8502.48 High 8538.01 Low 8463.54 Close 8474.85 NASDAQ Open 1727.32 High 1750.05 Low 1719.92 Close 1734.54 S&P500 Open 909.67 High 916.39 Low 905.22 Close 908.13 April Building Permits and April Housing Starts missed analyst estimation and released a lower release than last release. 19 May before market open, HD released their earning report. They released their earning better than analyst estimation but lower than last year release. DJIA moved in trading range between support at 8430 and resistance at 8590 then closed at 8474.85. NASDAQ moved in trading range between support at 1720 and resistance at 1745 then closed at 1734.54. S&P500 moved in trading range between support at 895 and resistance at 915 then closed at 908.13. Market at 20 May 2009 DJIA Support at 8445, if this support break, DJI will move to 8415. Resistance at 8520, if this resistance break, DJI will move to 8565. NASDAQ Support at 1...

Market at 18 May 2009 DJIA Open 8270.15 High 8511.88 Low 8270.15 Close 8504.08 NASDAQ Open 1696.76 High 1732.36 Low 1689.55 Close 1732.36 S&P500 Open 886.07 High 910.00 Low 886.07 Close 909.71 DJIA moved up and passed resistance at 8465 then closed at 8504.08. NASDAQ moved up and passed resistance at 1715 then closed at 1732.36. S&P500 moved up and passed resistance at 905 then closed at 909.71. Market at 19 May 2009 DJIA Support at 8430, if this support break, DJI will move to 8345. Resistance at 8590, if this resistance break, DJI will move to 8670. NASDAQ Support at 1720, if this support break, NASDAQ will move to 1705. Resistance at 1745, if this resistance break, NASDAQ will move to 1760. S&P500 Support at 895, if this support break, S&P500 will move to 880. Resistance at 915, if this resistance break, S&P500 will move to 925. Economic Data Release at 19 May 2009. April Building Permits and April Housi...

Market at 15 May 2009 DJIA Open 8326.22 High 8394.96 Low 8230.17 Close 8268.64 NASDAQ Open 1688.56 High 1703.45 Low 1676.56 Close 1680.14 S&P500 Open 892.76 High 896.97 Low 878.94 Close 882.88 April Core CPI, April CPI, May Empire Manufacturing, Net Long-Term TIC Flows and May Mich Sentiment-Prel, all released higher than last month release. April Industrial Production released higher than last release, while April Capacity Utilization released at steady level as last release. DJIA moved testing resistance at 8380 and moved down held by support at 8225 then closed at 8268.64. NASDAQ moved testing resistance at 1705 and moved down held by support at 1670 then closed at 1680.14. S&P500 moved testing resistance at 900 and moved down held by support at 875 then closed at 882.88. Market at 18 May 2009 DJIA Support at 8200, if this support break, DJI will move to 8135. Resistance at 8365, if this resistance break, DJI will move to 8465. NASD...

Market at 14 May 2009 DJIA Open 8285.92 High 8376.64 Low 8273.90 Close 8331.32 NASDAQ Open 1670.34 High 1701.22 Low 1667.94 Close 1689.21 S&P500 Open 884.24 High 898.36 Low 882.52 Close 893.07 April PPI released a higher release than last release while April Core PPI released at steady level as last release. 9 May Initial Claims missed analyst estimation and released a higher claims than last release. 14 May before market open, WMT will release their earning report. They released their earning higher than last year earning and meet analyst estimation. DJIA moved in trading range between support at 8210 and resistance at 8410 then closed at 8331.32. NASDAQ moved testing resistance at 1710 and moved down held by support at 1685 then closed at 1689.21. S&P500 moved testing resistance at 900 and moved down then closed at 893.07. Market at 15 May 2009 DJIA Support at 8275, if this support break, DJI will move to 8225. Resistance at 8380, if th...

Market at 13 May 2009 DJIA Open 8461.80 High 8462.04 Low 8262.43 Close 8284.89 NASDAQ Open 1696.36 High 1697.76 Low 1664.19 Close 1664.19 S&P500 Open 905.40 High 905.40 Low 882.80 Close 883.92 April Export Prices ex-ag. and April Import Prices ex-oil released higher price than last month release. April Retail Sales and April Retail Sales ex-auto released a better sales than last release, but missed analyst estimation. March Business Inventories released a higher release than last release. 8 May Crude Inventories release a lower inventories than last release. DJIA moved down passed support at 8300 then closed at 8284.89. NASDAQ moved down passed support at 1670 then closed at 1664.19. S&P500 moved down passed support at 885 then closed at 883.92. Market at 14 May 2009 DJIA Support at 8210, if this support break, DJI will move to 8135. Resistance at 8410, if this resistance break, DJI will move to 8535. NASDAQ Support at 1655, if th...

Market at 12 May 2009 DJIA Open 8419.17 High 8517.46 Low 8365.65 Close 8469.11 NASDAQ Open 1742.28 High 1743.52 Low 1695.87 Close 1715.92 S&P500 Open 910.52 High 915.57 Low 896.46 Close 908.35 March Trade Balance released a higher deficit than last release, but better than analyst estimate, while April Treasury Budget started to release a deficit on budget. DJIA moved testing support at 8360 and moved up held by resistance at 8520 then closed at 8469.11. NASDAQ moved testing support at 1710 and moved up held by resistance at 1750 then closed at 1715.92. S&P500 moved testing support at 900 and moved up held by resistance at 920 then closed at 908.35. Market at 13 May 2009 DJIA Support at 8385, if this support break, DJI will move to 8300. Resistance at 8535, if this resistance break, DJI will move to 8600. NASDAQ Support at 1695, if this support break, NASDAQ will move to 1670. Resistance at 1740, if this resistance break, NASDAQ...

Market at 11 May 2009 DJIA Open 8569.23 High 8569.23 Low 8410.33 Close 8418.77 NASDAQ Open 1715.52 High 1747.97 Low 1705.87 Close 1731.24 S&P500 Open 922.99 High 922.99 Low 908.68 Close 909.24 DJIA moved down and testing support at 8410 then closed at 8418.77. NASDAQ moved down testing support at 1715 and moved up held by resistance at 1755 then closed at 1731.24. S&P500 moved down and testing support at 900 then closed at 909.24. Market at 12 May 2009 DJIA Support at 8360, if this support break, DJI will move to 8305. Resistance at 8520, if this resistance break, DJI will move to 8625. NASDAQ Support at 1710, if this support break, NASDAQ will move to 1685. Resistance at 1750, if this resistance break, NASDAQ will move to 1770. S&P500 Support at 905, if this support break, S&P500 will move to 900. Resistance at 920, if this resistance break, S&P500 will move to 930. Economic Data Release at 12 May 2009. Mar...

Market at 8 May 2009 DJIA Open 8410.73 High 8587.55 Low 8410.73 Close 8574.65 NASDAQ Open 1734.41 High 1747.41 Low 1711.01 Close 1739.00 S&P500 Open 909.03 High 930.17 Low 909.03 Close 929.23 April Average Workweek and April Hourly Earnings released at steady level as last release. April Nonfarm Payrolls released a higher payrolls than last release, release was better than estimate. April Unemployment Rate released higher release than last release, release was meet analyst estimation. March Wholesale Inventories released at steady inventories as last release. DJIA testing their support at 8410 and moved up passed resistance at 8540 then closed at 8574.65. NASDAQ testing their support at 1690 and moved up held by resistance at 1760 then closed at 1739.00. S&P500 testing their support at 910 and moved up passed resistance at 925 then closed at 929.23. Market at 11 May 2009 DJIA Support at 8410, if this support break, DJI will move to 8350. Resi...

Market at 7 May 2009 DJIA Open 8513.56 High 8577.19 Low 8358.00 Close 8409.85 NASDAQ Open 1772.45 High 1773.13 Low 1702.54 Close 1716.24 S&P500 Open 919.58 High 929.58 Low 901.36 Close 907.39 2 May Initial Claims released a better data than last release, the claims decreased more than analyst estimate. Q1 Productivity-Prel released higher than last release, while Q1 Unit Labor Costs released lower than last release. March Consumer Credit released a lower credit than last release, it might be a sign that customer halt their spending. 7 May before market open, GM and FNM will release their earning report. GM released their earning better than analyst estimation but lower than last year release. While FNM postponed their earning release. DJIA moved testing resistance at 8550 and moved down passed their support at 8435 then closed at 8409.85. NASDAQ moved testing resistance at 1775 and moved down passed their support at 1715 then closed at 1716.24. S...

Market at 6 May 2009 DJIA Open 8403.48 High 8518.57 Low 8403.00 Close 8512.28 NASDAQ Open 1769.56 High 1770.29 Low 1730.97 Close 1759.10 S&P500 Open 903.95 High 920.28 Low 903.95 Close 919.53 April ADP Employment Change released a better release than last release and better than analyst estimate. 1 May Crude Inventories released that their inventories increased slightly . 6 May before market open, AGU, ANR, DVN, GRMN and RIG will release their earning report. DVN and RIG released their earning better than analyst estimation but lower than last year release. AGU and GRMN released a lower earning than last year release and missed analyst estimation. While ANR released their earning higher than last year earning and better than analyst estimation. DJIA moved testing support at 8400 and moved up held by resistance at 8515 then closed at 8512.28. NASDAQ moved testing support at 1725 and moved up held by resistance at 1775 then closed at 1759.10. S&P50...

Market at 5 May 2009 DJIA Open 8425.55 High 8458.12 Low 8362.78 Close 8410.65 NASDAQ Open 1757.40 High 1759.42 Low 1735.37 Close 1754.12 S&P500 Open 906.10 High 907.70 Low 897.34 Close 903.80 April ISM Services released a better release than last release and beated analyst estimation. 5 May before market open, WYNN released their earning report. They released a lower earning than last year release and missed analyst estimation. DJIA moved in trading range between support at 8280 and resistance at 8500 then closed at 8410.65. NASDAQ moved in trading range between support at 1740 and resistance at 1760 then closed at 1754.12. S&P500 moved in trading range between support at 890 and resistance at 915 then closed at 903.80. Market at 6 May 2009 DJIA Support at 8360, if this support break, DJI will move to 8315. Resistance at 8450, if this resistance break, DJI will move to 8505. NASDAQ Support at 1740, if this support break, NASDAQ wil...

Market at 4 May 2009 DJIA Open 8213.60 High 8434.86 Low 8213.60 Close 8426.74 NASDAQ Open 1736.70 High 1763.56 Low 1729.31 Close 1763.56 S&P500 Open 879.21 High 907.85 Low 879.21 Close 907.24 March Construction Spending and March Pending Home Sales released a higher release than last release and surprised analyst estimation. DJIA moved up passed resistance at 8300 then closed at 8426.74. NASDAQ moved up passed resistance at 1740 then closed at 1763.56. S&P500 moved up passed resistance at 890 then closed at 907.24. Market at 5 May 2009 DJIA Support at 8280, if this support break, DJI will move to 8135. Resistance at 8500, if this resistance break, DJI will move to 8580. NASDAQ Support at 1740, if this support break, NASDAQ will move to 1715. Resistance at 1775, if this resistance break, NASDAQ will move to 1785. S&P500 Support at 890, if this support break, S&P500 will move to 870. Resistance at 915, if this r...

Market at 1 May 2009 DJIA Open 8167.41 High 8219.81 Low 8099.31 Close 8212.41 NASDAQ Open 1719.07 High 1728.10 Low 1703.52 Close 1719.20 S&P500 Open 872.74 High 880.48 Low 866.10 Close 877.52 April Mich Sentiment-Rev released a higher release than last release. March Factory Orders released a negative reading and lower than last release. April ISM Index released a better release than last release. April Auto Sales and April Truck Sales released a lower sales than last month release. 1 May before market open, CVX and MA released their earning report. CVX released their earning better than analyst estimation but lower than last year release. While MA released their earning higher than last year earning and better than analyst estimation. DJIA moved in trading range, testing support at 8100 and moved up held by resistance at 8270 then closed at 8212.41. NASDAQ moved in trading range, testing support at 1700 and moved up held by resistance at 1725 then clos...