US Market At 11 May 2009


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.
  • March Trade Balance will be release at 08.30 ET. Analyst estimate a higher deficit than last release.
  • April Treasury Budget will be release at 14.00 ET.
Earning Report
11 May after market closed, FLR released their earning report. They released their earning better than analyst estimation but lower than last year release.

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