US Market At 1 May 2009


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 closed at 1719.20.
S&P500 moved in trading range, testing support at 865 and moved up held by resistance at 885 then closed at 877.52.

Market at 4 May 2009
DJIA
Support at 8175, if this support break, DJI will move to 8135.
Resistance at 8255, if this resistance break, DJI will move to 8300.
NASDAQ
Support at 1705, if this support break, NASDAQ will move to 1690.
Resistance at 1730, if this resistance break, NASDAQ will move to 1740.
S&P500
Support at 870, if this support break, S&P500 will move to 860.
Resistance at 885, if this resistance break, S&P500 will move to 890.

Economic Data Release at 4 May 2009.
  • March Construction Spending and March Pending Home Sales will be release at 10.00 ET. Analyst estimate a lower release than last release.
Earning Report
There are no earning might affect today market movement.

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